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-   -   options trading is like crack (http://archives1.twoplustwo.com/showthread.php?t=537058)

ahnuld 11-02-2007 04:47 PM

Re: options trading is like crack
 
[ QUOTE ]
buying options is for pansies, if you really want to take on risk -- sell puts.

[/ QUOTE ]

oooh, thats like crack/heroin/valium cocktail?

toss 11-02-2007 05:36 PM

Re: options trading is like crack
 
Man I wouldn't be able to sleep if I had any cash in these things.

noncents 11-02-2007 05:42 PM

Re: options trading is like crack
 
Keeping an option overnight is a good way to go busto or you could end up a huge winner as well. If you want to aviod the crazy swings, ditch before the end of the day that way you don`t wake up the next day [censored] in the ass.

ahnuld 11-02-2007 05:47 PM

Re: options trading is like crack
 
or buy really long term options based on an informed opinion

eggegg 11-02-2007 05:57 PM

Re: options trading is like crack
 
ahnuld (and all others), I have no idea about anything like this, but may be interested in this crack options malarky. Can someone give me a link to a beginners guide or sth?

DrNo888 11-02-2007 06:01 PM

Re: options trading is like crack
 
www.CBOE.com

more specifically: http://www.cboe.com/LearnCenter/OptionsInstitute1.aspx

eggegg 11-02-2007 06:04 PM

Re: options trading is like crack
 
Cheers DrNo.

Pudge714 11-02-2007 06:32 PM

Re: options trading is like crack
 
Sports betting is better imo

NewTeaBag 11-02-2007 06:37 PM

Re: options trading is like crack
 
[ QUOTE ]
buying options is for pansies, if you really want to take on risk -- sell puts.

[/ QUOTE ]

Selling puts is for pufts, if you really want to eat risk -- trade currency futures and credit derivatives.

poker1O1 11-02-2007 07:28 PM

Re: options trading is like crack
 
you appear to have a firm grasp on both options and trading


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