Saturday, May 16, 2020

Hello again...PreMarket Prep Podcast anyone?

Check out  Premarket Prep podcast sponsored by Benzinga. Great podcast and community based info sharing.  

One can trade options for free using Robinhood, user friendly, provides basic how to information.  In addition, barchart goes deeper into the data to help you make your bets. The main things I focus on regarding options trading are Price, Volume, Open Interest, and Liquidity. I started in options to mainly find a simple short strategy, so buying puts solved this problem. I learned that making short term options bets are a very risky proposition, especially in volatile markets. One really has to understand the basics and take baby steps to get a good working strategy going.  


Understanding the GREEKS very important as options head towards expiration.  More on that later. 

Investopedia.com  great source of information.  Stay Tuned!


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