Hi I hope someone can answer this question for me. I've been trading commodities for some time and now I want to incorporate options with the futures trading. What I want to do is sell options. So if I'm buying contracts of silver I will sell calls against my position and vice versa if I'm selling contracts of silver I will sell puts against my futures contracts. I want to do this outside of the money. I'm not familiar with options and was wondering if someone could point me in the right direction. I need to know the risk of the options I'm writing. If the market moves in the direction I planned I don't want to get crushed on the options I wrote. I suppose I need to learn the deltas and how they relate to the underlying contract and the volatility of it.