Tradingology / The Options Club by David Vallieres
- Thread starter sneakoner
- Start date
It's been discussed here, unfortunately with no input:
http://www.elitetrader.com/vb/showthread.php?threadid=221375
Actually the course is worth the price, especially when you can get it with 50% discount.
http://www.elitetrader.com/vb/showthread.php?threadid=221375
Actually the course is worth the price, especially when you can get it with 50% discount.
So I went ahead and got the course.
The strategies seem similar to picking up pennies in front of a steamroller. Basically doing options spreads and adjusting positions as time goes on.
However if the underlying moves violently against you, you're screwed. One bad trade and you could get a big margin call.
I do think its worth the money though. The big thing is that it saves time in learning how to do the methods.
The strategies seem similar to picking up pennies in front of a steamroller. Basically doing options spreads and adjusting positions as time goes on.
However if the underlying moves violently against you, you're screwed. One bad trade and you could get a big margin call.
I do think its worth the money though. The big thing is that it saves time in learning how to do the methods.
It depends. Actually I can argue with this. Selling options means shorting out-of-the-money options way above/below current price. So literally I can't imagine such price movement that can kill your account. In case of sharp volatile actions you always can 1) take loss, 2) roll your position further by price and/or time.