Options as a strategic investment by McMillan. Janet this guy does a spectacular job covering the world of options including time premium decay. You could even skim it over at Borders. The relationship is not always direct of price movement to option and also bid ask can play a large part.
You CAN time the market!
But only after you trash the big 3 myths.
Myth 1 - its possible to get every point of every move ...Myth 2 - you'll never have a drawdown ......Myth 3 - you'll never have a loss
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