Replies to post #35992 on Cel Sci Corporation (CVM)

[lightrock]

My bad

But no. I don't play on the sell calls and puts side, I play on the buy side.

Basically you just dial your exact risk and let 'er rip.

January was a great month for me, mostly it was un-hedged long calls no puts for insurance. Mostly.

Leverage comes out of picking a direction and "weighting" that way, so I do a fair amount of 100-300% long call and 50-100% loss covering puts, and the puts tend to be 50% of the long position.

If you read books and do "strategies" you get skrewed