I am getting marketing emails from the MF about learning to trade options. I didn’t see anything in your knowledge base about your views on this.
Hi Justin, I don’t trade options. I know that there are others who do but it’s not for me. Here are a couple of quotes from the Knowledgebase about them:
## Basic Rules of the Board
Yes, there are some off-topic subjects that don’t belong on the board.
What comes to mind off the top of my hat are subjects like politics, like extended discussions of technical analysis, or option trading…
I don’t invest in options. They are too much distraction for too little gain. Also they are a “zero-sum game”. That means if you sell an option, whatever you gain, the person who bought the option loses. Exactly the same amount. And vice versa. And you are competing against professionals!
(Justin, note that tis is different than the stock market, which is not at all a zero sum game. When a stock goes up everyone invested in it makes money (except a few poor souls who are short it)).
Hope this helps.
Saul