Airline Pilot Central Forums - Any "Latest & Greatest" about Delta?

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For you 767 drivers.

Quote:

Originally Posted by buzzpat (Post 1352180)

Oh Lord. I'm sure you're smart and all, and most definitely much more well-to-do, but.....I can't imagine a 5-day with you.:eek:

I'm pretty sure I've met Dalad before. He's cool people. :D

Quote:

Originally Posted by GunshipGuy (Post 1352118)

Omnia mihi lingua graeca sunt

Bene, Frater! ;)

Quote:

Originally Posted by iaflyer (Post 1352020)

This really isn't talking to FTB, just a convenient post to quote about people on reserve not flying.

Not all 7ER guys are sitting around growing beards. I start another trip tomorrow, so at the end of that trip, I would of flown on 21 of my last 26 reserve days. (yes, it splits Jan/Feb so I'm not talking about YS or anything) - just flying when they call me to.

You on Reserve on the weekends? I was on reserve on the weekends in Dec and flew 67 hours. Jan and Feb I've been on reserve during the week and haven't flown at all!

Quote:

Originally Posted by dalad (Post 1352146)

Come on, I have been trading options for 20 years! Give me a break!!! I know what I hold. No tax implications since it was done in an IRA. I have done option strangles and spreads and sold naked puts, so please don't try to educate me on how to trade calls and puts. My DC plan went up 109% last year doing covered calls and other option strategies. Now maybe you can educate me on contango and backwardation and negative roll yield as it relates to the futures markets. I trade futures too, care to educate me on that?

Hey dalad,
I like reading about your trades, and also from guys who do options since I never have, but am thinking about it.
Please don't go ballistic when someone takes the time to write a bit of knowledge re options trading... YOU may know all about it, but there are a lot of us who DON'T. In fact, I generally enjoy reading your posts and orvil's and columbia's, because I learn things. Columbia's post was enjoyable to me, and I'm sure others also, specifically because he took the time to write out how an option trade goes. It's not an insult to you that he did so, he just isn't assuming anything about you. In my case he'd be right! After reading your post, the way you worded it, I was specifically asking myself, "he doesn't actually own the shares, I wonder what the net profit would really be?" and here comes Columbia to answer me.
I'm looking forward to hearing how your trade ends up going for you, please post! Anyways, don't chill the option-education buzz, man! ;)

Quote:

Originally Posted by newKnow (Post 1352208)

I'm pretty sure I've met Dalad before. He's cool people. :D

I'm sure he is, and no insult intended. I'd be lying if I claimed to never have had the back and forth of words on a web board not come across the way I thought they were. (I think that makes sense...but it's late and time to call it).

Quote:

Originally Posted by buzzpat (Post 1352180)

Oh Lord. I'm sure you're smart and all, and most definitely much more well-to-do, but.....I can't imagine a 5-day with you.:eek:

Buzz you and I have flown together, I even bought your book after that. That was back in my 737 days. Not well to do either, just changed the way I manage my funds. I don't put much of it at risk through options trades, but I do get my best returns. I short UVXY and VXX, and am long SVXY and XIV. Look up their one year charts, almost a no brainer, but you do have to have an understanding of derivatives.

Quote:

Originally Posted by Columbia (Post 1352162)

I've been trading (and teaching as a former broker) in the options market since '87, so I know a thing or four (thankfully, mostly forgotten). Moron? Nope- you're the one who asked the question about what it would be worth ("Any math geniuses out there?") Then you said "That's like me holding 3,000 shares." Not quite. You have the option to buy 3,000 shares. My apologizes if you misspoke. In former teachings, this would often be stated and it got people in trouble who were new and just learning the CBOE. Good luck to you in your short term trade. A price pop tomorrow and Friday will be nice in your position. After a few "lessons" on big losses (after big gains), I leave it to the gamblers.

Well, I guess my question should just have been, what do you think LCC will open at in the morning? Sorry about the moron thing, as I almost immediately went back and edited it as it's not my style.

I'm putting every cent I own into Facebook.

Quote:

Originally Posted by forgot to bid (Post 1352206)

For you 767 drivers.

Bah...that'll buff right out!

But it does raise an interesting question;

What IF...that had been a carbon fiber tube 787?

Would it have cracked and split open, or held up? And instead of the tube absorbing some of the force, through bending as the 767 did, that force had been transfered to the passengers head and necks, in a whiplash (down, then up) type fashion?