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re: SLV

Posted on 12/11/13 at 3:54 pm to
Posted by Lsut81
Member since Jun 2005
80227 posts
Posted on 12/11/13 at 3:54 pm to
quote:

Purchased options are not dangerous, or at least your maximum risk of loss is known from the start.


quote:

However, if you write (sell) options, your risk can almost be unlimited, especially if you sell a naked option, meaning you don't already own the underlying security and you'd have to go into the market to buy it if the buyer of the option you sold to exercises his option


And I'd bet the latter is where the real money can be made

Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 12/11/13 at 4:02 pm to
quote:

And I'd bet the latter is where the real money can be made
.....or, lost.
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