7/3/2010 11:08:44 AM by arpeggiomeister
Back in the dot.com boom I was a day trader. I got my butt kicked because I was too aggressive and played with tools that are insanely dangerous if used improperly.
I learned of a strategy called a "straddle" where you sell a covered call and buy a put with some of the money. For those of you that are unfamiliar with these terms, the main idea is that you make money virtually no matter what the stock does. There is no perfect straddle where you make money 100% of the time (believe me I...
7/1/2010 8:33:45 PM by arpeggiomeister
I am apparrently magnetically attracted to bad sports books. I signed up for Scott Farrell's picks and I noticed when I went to place me bet that the money lines had all been jacked by 10. I placed a bet on the NY Mets and the money line should have been -135. I logged into the site and the line jumped to -145. I logged out again and the line was back at -135.
I started to check the other lines and realized that all of them were jumping. I called the book up to...