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Stocks & Commodities V. 23:5 (64-67, 94): Product Review: OptionVue 5 by David Penn
Stocks & Commodities V. 23:5 (64-67, 94): Product Review: OptionVue 5 by David Penn
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Stocks & Commodities V. 23:5 (64-67, 94): Product Review: OptionVue 5 by David Penn
With apologies to Chaucer and the Wife of Bath, oh to speak of the woe that is options trading!
If it isnt the historically low volatility in recent yearsas shown by a volatility index that looks like it fell off the dinner tablethen its some smart-aleck telling us that 225% of all options traders lose money, or that 750% of all options expire worthless. On the more sensible side of things, one exceptionally savvy trader whos spent more than a few years successfully trading options recently wrote in a newsletter to subscribers that its arguable that there is no game any longer no(t) for options traders, who doubtless understand that, when volatility continues to shrink, the short sale of puts and calls becomes a game of Russian roulette.
And if the game is tough on guys like him, what does that suggest for the rest of us?
If your options game is not where you want it to beor if you dont even have an options game and are starting to think it might be high time to get onethen consider spending a few minutes now (and a whole months worth of free trial later) getting to know OptionVue 5.
With apologies to Chaucer and the Wife of Bath, oh to speak of the woe that is options trading!
If it isnt the historically low volatility in recent yearsas shown by a volatility index that looks like it fell off the dinner tablethen its some smart-aleck telling us that 225% of all options traders lose money, or that 750% of all options expire worthless. On the more sensible side of things, one exceptionally savvy trader whos spent more than a few years successfully trading options recently wrote in a newsletter to subscribers that its arguable that there is no game any longer no(t) for options traders, who doubtless understand that, when volatility continues to shrink, the short sale of puts and calls becomes a game of Russian roulette.
And if the game is tough on guys like him, what does that suggest for the rest of us?
If your options game is not where you want it to beor if you dont even have an options game and are starting to think it might be high time to get onethen consider spending a few minutes now (and a whole months worth of free trial later) getting to know OptionVue 5.
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