The Naked Truth - Big Kahuna a Myth Message Board

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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (11383)	11/18/1998 6:21:00 PM
From: accountclosed	Read Replies (1) of 86076

have you had any options home runs? btw i nearly bought an options seat once on phlx. i have read a lot about them. but the study was from the point of view of a mm. the philosophy i learned was live off the bid/ask. be flat at all times. never be net short options. at one time i understood to some degree long/short gamma and dozens other greek letters. that is lost on me now. mb tells me to pitch black holes anyway. i had a bunch of friends that were options traders. it is a little to me like having been the house at a casino, and pointed out at the customers laughing saying sucker. and now i'm trying to be a customer. it is unnatural to me. so i'm not totally dense re: options. almost so, though.

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