JBD...what are your thoughts on Binary Options?..
- Thread starter ZosoDawg
- Start date
Hard to get accustomed to, look out top when should look out bottoms, etc
Makes it hard to walk down a flight of stairs without taking them iff.
Makes it hard to walk down a flight of stairs without taking them iff.
Only play options if you know what you're doing. Start with selling puts...
as a long position. Heed this quote..."Amateurs buy options...pro's sell them". IOW sell to open a position, thus my advice to sell puts to start out. And go out over a month...weeklies are gambling, which is fine if you want to gamble.
If you wanna buy calls as a spec play I highly recommend looking at large buys compared to open interest. Gotta be on a quick though, as in same day. Let me know if you'd like other advice, I can point you to some great sites and/or twitter follows that post in real time.
as a long position. Heed this quote..."Amateurs buy options...pro's sell them". IOW sell to open a position, thus my advice to sell puts to start out. And go out over a month...weeklies are gambling, which is fine if you want to gamble.
If you wanna buy calls as a spec play I highly recommend looking at large buys compared to open interest. Gotta be on a quick though, as in same day. Let me know if you'd like other advice, I can point you to some great sites and/or twitter follows that post in real time.
