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sasi

02/26/13 11:20 AM

#695 RE: was pennytrader #693

will let you know by eod.there are very advanced topics in options like theta scalping and gamma scalping.best way of learning is implementing those advanced strategies by buying 1,2 contracts or on paper. i have never done paper trading even when i started playing options. i straight away got into it and learnt it playing them. iam unique tht way.

In stocks like AAPL there is huge premiums erosion, actually you play a option trade like theta scalping where the premium erosin works in your favour.since 80% of option trades are loosing trades playing theta scalping is very fruitful play.

i have not done such trades so far but i will be doing in future for 1,2 contracts and see how it works.

also you can adjust your positions after taking positions to your favour but you can do it only once.