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Re: msm2137 post# 1670

Thursday, 01/30/2014 10:50:50 PM

Thursday, January 30, 2014 10:50:50 PM

Post# of 3033
If you have this much money in a single, relatively low beta stock, you should know that you don't buy that much in options on a non-High Beta stock. Lack of liquidity will eat your premiums and profits by the time you can sell them all to close. The MMs will churn SP so much before you get half way through your ledger, you will end up chasing sells and ultimately eliminate profit. I would say don't put so many eggs in this basket...unless you are just so wealthy and frivolous that you can just throw caution to the wind and let it ride. Then again, anyone I know with that much in one security (I know a few close friends), generally don't post that kind of info on a public MB. GL

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