3 ms·
I never understood how stock market options worked (calls, puts) so I've spent a few dozen dollars buying various stupid out of the money options and following
by tomjakubowski 6y ago
I never understood how stock market options worked (calls, puts) so I've spent a few dozen dollars buying various stupid out of the money options and following them (and then, agonizing over when to sell!). This has made me understand "the Greeks" better than any textbook alone could have done.
- rjbwork 6y agoYup. You gotta pay your tuition to the school of hands on trading for sure. It took quite a while for me to really grasp how they can all work in concert to move a position for and against you even if you are ostensibly right or wrong in your overall thesis.
- tomjakubowski 6y agoIt's fun to consider, "why's my counterparty selling this?"