SPX - Expensive Lesson

Discussion in 'Options' started by rbfallon, Sep 23, 2014.

  1. I never let anything expire. I close positions. Also before trading any instrument, make sure you have a 100% understanding of the mechanics involved before you put one cent in.

    Then when your learning stick to 1 contract until you get good screen time.
     
    #11     Sep 24, 2014
  2. convexx

    convexx


    It doesn't matter what happened. You're setting yourself up for failure. Trading into the IPO made the trade a binary. The ATM combo was boosted into the SET for good reason. The shares came out 30 above the IPO floor. Makes NFP look like a non-event. Just be cautious around big micro/macro.
     
    Last edited: Sep 24, 2014
    #12     Sep 24, 2014
    SmokingAces likes this.