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Thanks Ira,
I have traded straight options before but clearly am a long way from
considering myself knowledgeable. I learn best by trying myself.
I have downloaded the software, am technically and math oriented (I am
an engineer) but it is still a lot of mystery to me to understand the details.
John
Ira Tunik wrote:
Before you start trading options you had better get
an education or you could have a very costly experience. Especially
if you are a seller of volatility. First step, call 1-800-options
and get all the material they have on options. The majority of it
is free. That is the best place to start. The futures exchanges
also have some very good material on options. It is not a venue you
want to enter without understanding what you are doing or listening to
a supposed expert. Ira.
John Corrion wrote:
Hi Guys,
Are any of you out there experienced with straddles and can possibly
educate me? I was looking to do a straddle for the DE SPX and have been
told that I should be buying volatility but really don't know and don't
fully understand the option software. Any guidance?
Thanks,
John
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