Option trading is not for everyone. It is suited for those traders and investors who understand the risks and rewards and are willing to learn the complex and sophisticated details of this very exciting method of trading.
Personally, I have been trading options for over 25 years, and I have tried many different forms of OT. Most people believe that OT is very risky, and they are correct. That is if you are inexperienced or have not learned the important details that go into a smart trade. But for those of us who have taken the time to learn and have taken the hits of poor judgement, I find it very satisfying and rewarding.
In my next blog I would like to explain about the two main methods that I have studied and used over the years: selling covered calls — and selling naked options. Both have porvided me with sizable returns. Please check back in a day or so. I am sure that you will find my explaination interesting and informative. Please let me know your thoughts.