This options stuff is easy

Quote from gsgs:

the broker requires me to read and understand a 150-pages booklet before I'm allowed to trade options ....
That enables the broker to cover his @ss legally. It doesn't mean that you won't lose yours :)
 
Quote from gsgs:

the broker requires me to read and understand a 150-pages booklet
before I'm allowed to trade options ....
Exactly. Similar situation: purchasing a B-B Gun vs. a Bazooka.
With a Bazooka, better RTFM, or else major damage is likely.
Same with options...especially short options.
 
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