Options 4 Sale: Conservative Premium Collection in Risky Markets - Recorded SessionIf you are like most traders, your trading account would be much better off if you had only sold every option that you have ever purchased. This isn't an accident, options are priced to lose. I have witnessed beginning traders lured to the markets in droves looking to participate in long option strategies. Their attraction stems from the fact that option buyers are faced with the prospects of unlimited profit potential and limited risk in the amount of premium paid plus commissions and fees. The hazard in this type of mindset is that although ones losses are limited, it is highly likely that an option buyer will lose some or all of the value of the option. Several studies suggest that more options than not expire worthless, accordingly it seems logical that selling options as opposed to buying them is a preferential strategy. Unfortunately, many retail traders are stuck in a long option only Take this class without ever leaving the office via our Virtual Classroom (Virtual NYIF). Accessible from any internet connected computer - regardless of where you are geographically. All you need is an internet connection, a browser and speakers or audio headphones! |