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OptionMonster

10/11/08 1:45 PM

#36772 RE: Ace of Spades #36771

Here is a good place to start>>http://www.cboe.com/LearnCenter/Tutorials.aspx

jamcneel

10/11/08 5:53 PM

#36778 RE: Ace of Spades #36771

Not hard to understand. But underlying fundamentals of the game are there. You gotta pick the right direction, or no direction at all. There are a lot of fancy spreads that are used.

Dzielak51

10/11/08 6:38 PM

#36779 RE: Ace of Spades #36771

They can be alot more then pennies i think.

IronNippalz

10/11/08 6:44 PM

#36780 RE: Ace of Spades #36771

don't do what I did when I first got in em and think about hitting home runs on options that are way out of the money just cause they are cheap. There are some good strategies out there just google em. Good luck.

Fedex11 ©

10/11/08 7:27 PM

#36782 RE: Ace of Spades #36771

no harder than it is to play pinks imo

BB_Blue Chip

10/11/08 8:12 PM

#36784 RE: Ace of Spades #36771

Ace, the first thing is to be approved with your broker and from my experience Etrade.ca is very difficult to trade options especially if you have been trading pennies prior to options,(I don't reccommend them even if you are client like myself), now what I have found to work VERY well is optionsxpress.com, a little more but AWESOME service, realtime options L2 and realtime charting, love them. As for learning the basics, please follow the link below:

http://www.investopedia.com/ask/answers/04/022604.asp

IMO

BB



leemalone2k3

10/12/08 1:43 AM

#36789 RE: Ace of Spades #36771

Empire State

10/14/08 12:55 PM

#36918 RE: Ace of Spades #36771

I am really getting into options trading too! If I had bought AAPL calls Monday and sold them today I would have had a 6 bagger! I think....o4u? Is that right?