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Re: Arnold25764 post# 141376

Monday, 11/19/2012 10:12:26 AM

Monday, November 19, 2012 10:12:26 AM

Post# of 372523
How do you trade options?

To keep it simple, basically the same way you trade equities. You watch the chart of the underlying and enter a position (Buy a Call or Sell a Put) at Support, exit (Sell the Call or Cover the short Put) at Resistance. My preferred game is selling Puts because time erosion always works in the Seller's favor and I guess I'm better at picking bottoms than tops, but I also sell Calls when necessary. Rarely buy either one except in Spreads, which can be lucrative, too, but best to master the basics of buying and selling Puts and Calls first. Good luck to you.

Newly

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