No such thing as a stupid question? Well, I have one.

Discussion in 'Options' started by jnbadger, Oct 17, 2019.

  1. Holidays occurring on the 3rd Friday of the month are rare, but do occur: (none on next year's horizon, though) Below is last occurrence, which may be a curiosity if you do backtesting.
    upload_2019-10-17_11-9-1.png
     
    #11     Oct 17, 2019
    Option_Attack likes this.
  2. gaussian

    gaussian

    No, don't think that. It's a good question. Options are typically traded American with a consistent expiry/trade stop. Indexes don't trade the same way. It's non-intuitive coming from trading equity options. For future reference, always fall back to the CBOE for contract definitions.
     
    #12     Oct 17, 2019
    jnbadger likes this.
  3. tommcginnis

    tommcginnis

    No! Don't think that way. To chime in on what gaussian said, by the time you'll have learned all the rules, they'll have changed half of 'em anyway.

    Rather than try to remember this crap, I just got into the habit of rightclicking the contract whenever I had a margin or an expiration or a 'style' question. Phooey! Don't clog your brain with it. Click it; forget it; move on to something more productive. :thumbsup::thumbsup:
     
    #13     Oct 17, 2019
    spindr0, BlueWaterSailor and jnbadger like this.
  4. spindr0

    spindr0

    I feel the same way sometimes. I've read a few option books and I have been utilizing options on a retail level for over 30 years and yet, some of the discussions here make me realize how little I know.

    The flip side of that coin is that 30 years ago I was stumbling in the dark, trying to figure it out on my own. Now, there's the internet with knowledgeable contributors willing to help us hurt ourselves less :->)
     
    Last edited: Oct 18, 2019
    #14     Oct 18, 2019
    jnbadger and tommcginnis like this.
  5. qlai

    qlai

    @jnbadger, learned something new ... more "stupid" questions welcomed!
     
    #15     Oct 18, 2019
    spindr0 and tommcginnis like this.