This options stuff is easy

Discussion in 'Options' started by Eliot Hosewater, Aug 8, 2011.

  1. gsgs

    gsgs

    the broker requires me to read and understand a 150-pages booklet
    before I'm allowed to trade options ....
     
    #11     Aug 15, 2011
  2. spindr0

    spindr0

    That enables the broker to cover his @ss legally. It doesn't mean that you won't lose yours :)
     
    #12     Aug 15, 2011
  3. Exactly. Similar situation: purchasing a B-B Gun vs. a Bazooka.
    With a Bazooka, better RTFM, or else major damage is likely.
    Same with options...especially short options.
     
    #13     Aug 15, 2011