That's the best advice, start small until you've felt some pain and realize how it can turn on you. I actually started about 8 years ago with...
I've been selling options and blogging about it for the past 18 months. You can see all my gains for the first 17 months and my bigger losses for...
Good point. I have covered calls at the 30 strike, so it's actually still going as planned, I'm just trying to learn where I see the opportunity....
Can anyone explain Hain Celestial's Group's (HAIN) beating today? I was expecting a somewhat of a pull back based on the chart, but it all hit in...
Instead of spending your $ buying a put, why not just completely lock in the profit from what you had and buy the cc back for a small loss and...
Wait until you have more money. If you've only saved $1k in the past two years you'll sh/t yourself when you make a bad trade, which you will do.
1. I know, it pisses me off. I can't sell naked puts in my IRA, but I can write CCs all day long. 2. None, except for someone who doesn't pay...
1. Most brokerages won't approve a beginner for naked puts. 2. There's a lot of risk in writing naked puts that a beginner must understand before...
Barron's had an article this week about POZN and the regulatory decision due out on August 1st. If I'm bullish about the outcome, but don't...
I stuck with my original limit I set at 0.70 and sold 2 of the four calls. Now I'm only out $4.50 (after commissions) if it drops in the next 6...
All that is true. I work for "The New AT&T" as a contractor. I'm only thinking short term and stictly based on the chart. I only have ~$130...
Update - the 4 calls I bought for .30 hit .65. Should I sell two and let the others ride? T is hitting its 20 and 50 ma, but doesn't seem that...
How much the options are ITM is a large factor too.
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