When I learned how to options trade markets were quite a bit slower and competition was significantly less (for lack of a better word) automated. Today’s market requires quite a different strategy than those of days past. Today’s trader has to be less exposed in terms of duration with shorter term position and higher investment turnover. The good news is that today’s less expensive trading platforms allow for high volumes of trading without getting eaten alive by transaction costs.
How to Options Trade in 2011 As we stated in the open, the market has changed dramatically in the last decade plus. Read more