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  #11  
Old 11-02-2007, 04:47 PM
ahnuld ahnuld is offline
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Default 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?
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  #12  
Old 11-02-2007, 05:36 PM
toss toss is offline
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Default Re: options trading is like crack

Man I wouldn't be able to sleep if I had any cash in these things.
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  #13  
Old 11-02-2007, 05:42 PM
noncents noncents is offline
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Default 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.
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  #14  
Old 11-02-2007, 05:47 PM
ahnuld ahnuld is offline
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Default Re: options trading is like crack

or buy really long term options based on an informed opinion
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  #15  
Old 11-02-2007, 05:57 PM
eggegg eggegg is offline
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Default 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?
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  #16  
Old 11-02-2007, 06:01 PM
DrNo888 DrNo888 is offline
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Default Re: options trading is like crack

www.CBOE.com

more specifically: http://www.cboe.com/LearnCenter/OptionsInstitute1.aspx
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  #17  
Old 11-02-2007, 06:04 PM
eggegg eggegg is offline
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Default Re: options trading is like crack

Cheers DrNo.
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  #18  
Old 11-02-2007, 06:32 PM
Pudge714 Pudge714 is offline
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Default Re: options trading is like crack

Sports betting is better imo
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  #19  
Old 11-02-2007, 06:37 PM
NewTeaBag NewTeaBag is offline
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Default 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.
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  #20  
Old 11-02-2007, 07:28 PM
poker1O1 poker1O1 is offline
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Default Re: options trading is like crack

you appear to have a firm grasp on both options and trading
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