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re: options trading
Posted on 11/11/08 at 11:27 am to Colonel Hapablap
Posted on 11/11/08 at 11:27 am to Colonel Hapablap
quote:
sounds like gambling and fun
That is exactly what it is. For the most part, no object of value (sugar, oil) even exchange hands. "Traders" are people that deal with options. There is a difference between a trader and a broker. Traders literally sit around and make bets all day according to paramaters set by themselves or their company. They basically look for arbitrage oppurtunities that gurantee them to either win or lose a maximum or minimum.
3
Posted on 11/11/08 at 12:14 pm to the_watcher
Definitely a great speculation tool. If I had money I would definitely buy some march/april calls right now.
Posted on 11/11/08 at 11:17 pm to the_watcher
quote:
For the most part, no object of value (sugar, oil) even exchange hands.
Completely disagree. Would you classify fire insurance as "no object of value"?
Posted on 11/12/08 at 4:55 pm to the_watcher
I got the approval to make these trades today and have been doing some research...
I like GM for a dec call option
and CHK as well.
(if u r interested go to yahoo finance under the investment tab select options then enter the symbol and it will give you a list of strike prices and dates)
ETA: I may never actually do this sort of trading but it is interesting.
I like GM for a dec call option
and CHK as well.
(if u r interested go to yahoo finance under the investment tab select options then enter the symbol and it will give you a list of strike prices and dates)
ETA: I may never actually do this sort of trading but it is interesting.
This post was edited on 11/12/08 at 4:58 pm
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