TAPE READING (chat room cont.)

Thanks again, and this options strategy can be as rewarding as the tape reading you were doing?
You must do a lot of fundamental analysis now.

 

Oh God no. No fundamental analysis. It's not a matter of options being rewarding. Making money in general is rewarding regardless of the strategy used or the product being traded.

 

Could you elaborate on what you consider a defined risk?

Doesn't volatility relate to more risk? Or do you mean that all you can lose is the cost of the option?

 

Option spreads have finite risk. Volatility has nothing to do with risk. It has to do with variance.

 

lol, but mav, you trade equity and equity index options.

 

I don't trade equity options anymore.

 

Huh? Are you referring soley to options spreads?

 

What do you trade? Equity Index?

 

Jesus man, you have me on Yahoo instant messenger, chat me there. It's harder to chat real time on a message board. Christ. LOL.

 

ANSWER THE DAMN QUESTION! lol, it's simply that you state equities don't have enough vol, but you trade NDX options.