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Old 11-03-2007, 03:41 AM
lwlee lwlee is offline
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Join Date: Nov 2004
Posts: 156
Default Re: options trading is like crack

Buying straight calls/puts is considered the riskiest strategies. You're dealing with multiple factors working against you, picking right direction, time decay, volatility, etc.

Smart people sell or spread options.

One thing I will say options have some of the most colorful monikers. Iron Condors, Butterflies, Vertical Spreads, Bull Put Spread, Bear Call Spread, etc.
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