Learning to trade optionsHi All,
I’m new to the Gummune and getting my feet wet browsing through all the discussions here. I am trying to familiarize myself with option trading as a way to hedge my portfolio and wondering if anyone could make some good suggestions for either an existing forum on the topic here in the Gummunity or great newsletters that have been helpful and provide good quality guidance to a novice investor. Thanks in advance for any help and suggestions!
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Leftfoot, believe you shall find much value in reviewing: http://www.stockgumshoe.com/2014/04/microblog-options-understandings-and-tactics/
You may also find value reviewing, following the links and members listed: http://www.stockgumshoe.com/2014/10/microblog-wow-you-guyz-and-galz-are-incredible/
This link provides great infomation with many links and tools: http://www.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/ as well as Irregular member-made spreadsheets, dropbox, calendars etc.
Best2You&All ~ Ben
Thank you Ben. Very kind of you!
Anytime Leftfoot…
On options there are a few cardinal rules starting out imho…
Keep the $s small as a percentage of your portfolio.
Selling puts in an equity that you’d prefer to own may provide income as well as a lower share-price basis for that equity if it gets put to you. *Careful…always have available funds to buy 100 shares per contact that gets put to you.
Some say never buy an option over .25, ,50, .75 per contract; varies whomever you are listening to.
Trade paper (fake) money to practice instead of losing real money.
The market can stay irrational much longer than you can stay liquid.
I consider myself as a beginner in the options environment.
I’m usually available as within 12 hours if you have a question post it here…shall attempt to answer or direct you to the experts.
Subscribe to each thread you desire to receive an e-mail when someone post to that thread…posts accumulate to 100 before a new e-mail is created.for each thread subscribed.
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Best ~ Ben
Amen to that!
You guys are awesome!!! So happy I found the gumshoe universe online!!! Appreciate all the help.
leftfoot, you may want to review these posts links and comments: http://www.stockgumshoe.com/2016/12/december-idea-of-the-month-what-to-buy-during-complacency/comment-page-1/#comment-4911380 & http://www.stockgumshoe.com/2016/12/december-idea-of-the-month-what-to-buy-during-complacency/comment-page-1/#comment-4911381
I’m wondering if anyone here has has recent experience w/ Botterelli Research. I keep getting ads from them, which look enticing, but of course it’s too expensive to join. Has anyone subscribed to those publications, and if so, did you get good results?
Howdy Warrenator, look at this 1st poston thread: Leftfoot, believe you shall find much value in reviewing: http://www.stockgumshoe.com/2014/04/microblog-options-understandings-and-tactics/
Currently subscribed to Botterelli Research newsletter…never premium member…
Made some $ on a couple… do not follow anybody’s recommendation without 1st doing your own DD = Due Diligence