Anyone else trade options here? I usually do it around earnings, its risky and volatile, but like sports betting, high risk/high reward. Saw another forum mentioning mnkd so threw some change on November 8 option call.
To remove first post, remove entire topic.
Anyone else trade options here? I usually do it around earnings, its risky and volatile, but like sports betting, high risk/high reward. Saw another forum mentioning mnkd so threw some change on November 8 option call.
I am on the trading floor at the CBOT in Chicago with a small proprietary trading group strictly trading grain options with a combined experience of over 35 years between us. I have also spent considerable time in the 10-yr treasury option pits as well. I have never traded stock options but I am currently considering day trading equity options although I have only experienced serious position trading in my time on the floor.
We currently have option positions on through Dec 2015 but it is not uncommon for us to have H/K 16 positions on now as well. Day trading options is a tough business and I believe the success rate is under 5% for individual traders in the long run. As one poster above said spreads are just "easy money" in the market; please refrain from ever saying easy again when discussing trading. If it was easy quit your day job and become a professional day trader and see how long that lasts for you.
I am on the trading floor at the CBOT in Chicago with a small proprietary trading group strictly trading grain options with a combined experience of over 35 years between us. I have also spent considerable time in the 10-yr treasury option pits as well. I have never traded stock options but I am currently considering day trading equity options although I have only experienced serious position trading in my time on the floor.
We currently have option positions on through Dec 2015 but it is not uncommon for us to have H/K 16 positions on now as well. Day trading options is a tough business and I believe the success rate is under 5% for individual traders in the long run. As one poster above said spreads are just "easy money" in the market; please refrain from ever saying easy again when discussing trading. If it was easy quit your day job and become a professional day trader and see how long that lasts for you.
I am on the trading floor at the CBOT in Chicago with a small proprietary trading group strictly trading grain options with a combined experience of over 35 years between us. I have also spent considerable time in the 10-yr treasury option pits as well. I have never traded stock options but I am currently considering day trading equity options although I have only experienced serious position trading in my time on the floor.
We currently have option positions on through Dec 2015 but it is not uncommon for us to have H/K 16 positions on now as well. Day trading options is a tough business and I believe the success rate is under 5% for individual traders in the long run. As one poster above said spreads are just "easy money" in the market; please refrain from ever saying easy again when discussing trading. If it was easy quit your day job and become a professional day trader and see how long that lasts for you.
Yeah that was my thought too...only someone who has not been in the market long term would say things like that. No way is it easy money trading options, skilled or not.
Quote Originally Posted by richard_michael:
I am on the trading floor at the CBOT in Chicago with a small proprietary trading group strictly trading grain options with a combined experience of over 35 years between us. I have also spent considerable time in the 10-yr treasury option pits as well. I have never traded stock options but I am currently considering day trading equity options although I have only experienced serious position trading in my time on the floor.
We currently have option positions on through Dec 2015 but it is not uncommon for us to have H/K 16 positions on now as well. Day trading options is a tough business and I believe the success rate is under 5% for individual traders in the long run. As one poster above said spreads are just "easy money" in the market; please refrain from ever saying easy again when discussing trading. If it was easy quit your day job and become a professional day trader and see how long that lasts for you.
Yeah that was my thought too...only someone who has not been in the market long term would say things like that. No way is it easy money trading options, skilled or not.
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