Tuesday, November 02, 2010 6:36:34 PM
For reals for real, first lesson, buy either one of these three books to start, no kidding.
Options made Easy
Options DeMystified
Options for Dummies
Any one of the 3 will do the trick (about 25.00) great lessons there to just be able to understand options.
Options are a derivitive of a stock, one option contract controls a 100 share block of stock.
Options are risky and also very rewarding.
Options you can gamble, just like pinks, evcept no lies, no thieves and complete transparancy. Multi baggers available for the gambler in ya also!
Safest way to play an option By TEFFY,:
Buy an option in the money, or at the strike price (same thing kinda) example AAPL (lol) I gambled, I bought what is called out of the money options, looking for a BIG hit, the stock was at 296.00 I bought options for December 310.00 calls, that means the stock needs to trade over 310.00 for me to feel or be safe, so far so good, plus i bought time, I have till the 3rd Thursday in December to sell.
BBY, in da money options, very safe, I have many gold options in the money also.
Ask questions, I will tell no lies
Too much to tell ya quickly!
Options made Easy
Options DeMystified
Options for Dummies
Any one of the 3 will do the trick (about 25.00) great lessons there to just be able to understand options.
Options are a derivitive of a stock, one option contract controls a 100 share block of stock.
Options are risky and also very rewarding.
Options you can gamble, just like pinks, evcept no lies, no thieves and complete transparancy. Multi baggers available for the gambler in ya also!
Safest way to play an option By TEFFY,:
Buy an option in the money, or at the strike price (same thing kinda) example AAPL (lol) I gambled, I bought what is called out of the money options, looking for a BIG hit, the stock was at 296.00 I bought options for December 310.00 calls, that means the stock needs to trade over 310.00 for me to feel or be safe, so far so good, plus i bought time, I have till the 3rd Thursday in December to sell.
BBY, in da money options, very safe, I have many gold options in the money also.
Ask questions, I will tell no lies
Too much to tell ya quickly!
FOLLOW ME TO TEFFYS TEASERS!
http://investorshub.advfn.com/boards/Board.aspx?board_id=17227
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
