Option trading.

Hey guys, I just started out as an option trader. Anybody trade option here?

 

I used to, but got out of the business when I went to grad school...its a fun (and addicting) practice, but you can make a lot of money with it. good luck.

 

My parents are option traders. They love it.
I tried it, but got very very bored worrying about the 200, 50 average, the hammers, and all that stuff

Good money though (and even better if you trade as a Nevada corporation )

 

Can anyone tell me the risks envolved with option trader. What is the chances of earning money than losing.Do you have any tips on that?

 

To be honest, first time I have heard of this. WIll investigate further

 

Option trading isn't for the faint hearted my friend so tread carefuly.

 

Here's a list of resources to help you with your Options Trading:

www.optionsbuddy.com - Covered Call screener
www.tradeking.com - Discount broker for trading options
www.investopedia.com - Good source for learning basic and advanced options trading.

Good luck.

 

Seems like not a lot of people know option trading. In fact, thats the game that millionaires is playing.

 

Um... What is it?!

 

I think option trading is essential for everyones' investment portfolio, it is just like stock, but it have a lot of advantages. Check out investopedia.

 

I haven't got into options trading, but i do trade sports arbitrage. If you like sports then it is a much more accessible method of trading for profit to the average person.

Check out http://www.sportsarbitrageguide.com

 

If you own the underlying stock, option writing is a good way to have a steady income.

 

I use to trade trade options only,

I lost a lot initially because of time decay.

It really depends how you trade them. You can be a taker, a writer or set up strategies using both write and take/ put/call combinations.

I found there is a massive learning curve and for the returns you make it is too much effort. Trading options taught me to get my entry correct, but like I said the time decay on contracts killed me. I have now switched to trading CFDs and FX where time decay is not an issue. I just use options for insuring my shares now. I would write options for income if SMSF allow it

 

Hey,

Just started trading options last week. Trying to learn as much as possible.

What are your trading strategies?

 

I almost exclusively trade options, primarily writing covered calls. It's not flashy, but it is very profitable.

 

I put together some info about it on one of my websites...since I don't want to spam the link, PM me if you want it...it may be helpful and it may not.

 

I actually attended a preview seminar claiming that person can help me make a lot of money in few days, he gave a lot of example (of coz it is success casses), and you all know what, he offer diploma in option trading, certified, wonder any place in the world that offer these type of thingy.

 

There's a ton of options trading seminars. I attended one by Optionetics about 9 years ago. It was a two day seminar, cost around $4,500. Learned a ton of things that I have forgotten now.