10-24-2007, 09:01 PM | #1 |
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Equity Options
Any options traders out there? Just wondering if anyone has found any particular strategies they like. I have only bought call options. I have not taken on more sophisticated methods like straddles or such yet.
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10-25-2007, 02:26 AM | #2 | |
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I trade options. Mostly buying calls and puts but I do some spreads as well. I mostly trade option on ETFs but I do some individual stocks as well. I'm bummed my GOOG ride is coming to an end (Nov expiration). I have calls that I bought when it was at about 580. Last edited by FMCoug; 10-25-2007 at 02:42 AM. |
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10-25-2007, 02:41 AM | #3 |
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10-25-2007, 04:47 AM | #4 |
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I don't think it is impossible to beat the market (that would be dumb), but I do think beating the market has a lot more to do with luck than anything else for publicly traded securities.
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10-25-2007, 12:34 PM | #5 |
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10-25-2007, 01:43 PM | #6 |
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Most option traders lose their butts. 99% (my guess) of those who have regular jobs and trade options really lose their butts.
As far as these guys who sell their strategies, well if they were so damn good they wouldn't have to sell their strategies would they? Whenever someone brags how much they make in trading options, I just ask to see a copy of their Schedule D for the last 3 years. That usually shuts them up. |
10-25-2007, 01:45 PM | #7 | |
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10-25-2007, 03:42 PM | #8 |
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Which should I regret more?
The GOOG calls I'm in and up 280% or the QQQQ credit spread I'm in that was a 55/45 risk/reward (i.e. for every $55 I put at risk, I get $45)? |
10-25-2007, 04:18 PM | #9 |
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10-25-2007, 05:14 PM | #10 |
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I have buddies that win everytime they go to Vegas. At least I think they do because every Vegas story they tell me about they won.
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