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uranium-pinto-beans

11/19/12 1:28 AM

#141378 RE: Arnold25764 #141376

very similar to trading stocks. I'll run another beginner class soon if ur interested
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Newly2b

11/19/12 10:12 AM

#141453 RE: Arnold25764 #141376

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