Since recently becoming a relatively active trader, I’ve had a plethora of promotional emails extolling the powerful profit potential of option plays. Today I did a little research on the subject and came across an article at http://25yearsofprogramming.com/blog/20070411.htm.
In one of no less than 13 seemingly sound reasons the author presents NOT to trade in options he says: ”Every time you read a newsletter, every time you see a TV show, every time you visit a website telling you the latest great way to make money in the options market, ask them in your mind:
”If this works so great, why aren’t you doing it?”
”If this works so great, why do you make your money writing this newsletter?”
”If this works so great, why are you in this awful late night infomercial?”
”If you’re such a great trader, why do you manage other people’s money but make your money from management fees?”-”
I have and do ask myself these questions. I’d like the community’s responses to the whole idea of options and hope to get an answer to these questions: Why and when are options available on a stock?
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