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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (3965)	9/11/1998 9:15:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Hi Skane ask away.......anytime...:>} on expiration day..if your option is below the strike it will be worth ZERO...you will lose all your money... 75% of all options expire worthless... when you trade options figure out what your intended profit would be...25%-50%-100%.... when you buy any option, automatically put a sell order in at the very same time...trade them mechanically NOT manually..... just a tip to take the noise & day to day flucuations out of the trade..fear & greed will kill you.......it kills eveyone...even ME!!!! hope this helps......