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Alias Born 12/13/2009

Re: DewDiligence post# 108925

Sunday, 11/14/2010 8:22:24 PM

Sunday, November 14, 2010 8:22:24 PM

Post# of 257265

options players are willing to delude themselves into thinking that their machinations are cleverly plucking value out of thin air.



I used to think the same way about option several years ago, tried to convince others about high risk and random nature of option. I changed my mind after studying it thoroughly and doing it in practice the last 3 years. I rarely buy option. However, using option consistent with your investment strategy (ie not to randomly gamble) enhances return dramatically.

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