Always bias long, man. It's been working since the Tulip bubble of 4,000,000 B.C. Do you want to know the secret of why the markets go up, always and truly?
It's because of sex.
So NOW you're getting to the real reason us options guys are always talking about "naked options", "spreads", and "straddles" - we're the sex gods of the trading world, always long the stuff. I wasn't going to spill the beans, but now that you've found us out...
(I won't even talk about "butterflies", "condors", "jade lizards", or (whew!) "back ratios" - people would be shocked. But hey, YKIOKIJNMK. Just don't do it in the street and scare the horses.)
