Kamis, 06 Oktober 2011

who's the writer - II


dear aditya,

the cheap and easy thing is done by retail traders = buying options

the costly and difficult thing is done by operators = selling / writing options

in the end cheap and easy turn out to be costly and easy

while costly and difficult turn out to be cheap and easy.

less than 3% retail traders write/sell options, the number is negligible.

besides, not all retail traders who write options do it right.

many don't have a strategy.

the way operators sell/write options is an amazing clockwork.

what they do leaves no room for error.

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