This subject is intended for options traders who have mastered the basics of buying and selling calls and puts, and are interested in discussing more advanced topics. There are already a couple of next-level subjects dealing with the topic of covered calls, and at least one for discussing spreads. This one is for anything else you have ever heard of, or can conceive- straddles, strangles, butterflies, condors, backspreads, collars, combos. Bring your favorites to the table and let's look carefully at the risks and rewards. The goal is to understand how best to match the strategy to the market behavior of the instruments being traded.
The subject will be moderated. This is not intended to limit or restrict ideas from being presented, but to encourage adherence to the basic rules:
1) No hyping stocks. Using specific examples to illustrate a concept is welcome, but if all you have to say is buy this or sell that, take it elsewhere.
2) Be polite. I expect differences of opinion, and hopefully considerable debate, but let's leave personal comments, barbs, slings and arrows out of it and focus on the merits of the strategies.
Dan |
