Another Winner -Wonder if Anyone has Actually Taken these
I would love to know if anyone has done the trades here-they would be somewhat better off, I’ll admit. But that is not the rationale of our site. Education is our one goal, along with enlightenment and the chance to see things from a new perspective. OK our 3 goals. The strangle is a primitive trade but it often comes as a complete shock to stock investors that we have such a choice. That we can profit from no movement, a limited move or a change in volatility. Hopefully we sold high vol, and bought low. We love theta when it works in our favour.
Other Methods of Trading
I’m a strong advocate of options trading, after trying everything else! I see a lot of internet traffic about Bitcoin,Gold, Forex,IPOs,Value Investing,and so on. Some of it probably does ok but their reasons for advertising can only be to make money from traders, irrespective of the traders’ fortunes. We have only one interest-making money from our OWN trading, while sharing the wisdom. It’s a struggle at the moment to find anything worth trading, but there have been times, like in 2008 when I have been overwhelmed by choices. And feeling guilty about taking such easy money off such a dumb market. They are currently having their day in the sun and good luck. It will change and we will not be the deer in the headlights. The market will gift us profits.
It’s Not For everyone- Thankfully
Options are for a select band and not suitable for the mainstream,or even a great many money managers. We like the unusual,and so:
I thought this might be appropriate though I am not in any way endorsing beer. I’m endorsing beer.
The pressure is on for Trade 17 – England rugby team always rely on my support!