Menu
Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Option (ODD) which can be obtained from your broker; by emailing investorservices@theocc.com; or from The Options Clearing Corporation, 125 S. Franklin St., Suite 1200, Chicago, IL 60606. The content on this site is intended to be educational and/or informative in nature. No statement on this site is intended to be a recommendation or solicitation to buy or sell any security or to provide trading or investment advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions.
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
© Copyright 2008-2024 Market Taker Mentoring, Inc. All rights reserved.
One Response
Enjoyed the short video. I’m new to your website. I recently purchased your book, “Trading Option Greeks.” I’m about 40% through the book, the first time. This book will become a reference book. I have been doing Options for about 25 years. I have been moderately successful. I am presently writing covered calls on FORD. I have been doing this since F was about $6.00. I have been doing the long leg way out, and doing covered calls close in, pretty aggressively. I have only made three serious mistakes in about a year and a half. One was in June, another at the end of October. Those mistakes were to let the stock price run on me and not covering my short position. The third mistake was that FORD has not had a Dividend in the last several years. I was so intent on what was happening on the short options, that I missed an early assignment of two big positions so the owner of the stock would get the dividend. I ended up paying the dividend. These were all expensive lessons. One “mistake” I have made in my entire business career is letting my overly opportunistic positive attitude get in the way of Risk Management. I am trying to be a smarter investor/speculator. Looking forward to the rest of the book and reading your other materials.