Basics of options' trading

Dien, I'm glad you've found the site useful. it's one I discovered and learnt a lot from when I first started trading options. Would be fun it I had lots of money to gamble, to implement some of the strategies, purely from a strategic point of view and to have some fun.

I have a friend who often will phone and invite me to go to the casino with her. She plays the slot machines, which I find boring, and the winnings are so small, that I have no patience :-)

Since discovering options, I now tell her, if I'm going to lose money, I'd rather lose on options than at the casinos. And, it's a capital loss as well!! The casinos don't give you a tax receipt for your losses. :-)

Now there's a positve way of viewing a losing situation.

Regards,

Eliz.