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Old 08-28-2007, 04:17 AM
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Option Strategies

Okay, I really don't know a lot about option strategies but I want to learn. I have been looking over stuff at think or swim, but I'm not going to lie I'm lost. I don't want to trade them, but I want to use them in aid with my investment vehicles.

So lets take some hypothetical charts and see what kind of potential strategies could be applied. Lets say we have a beautiful uptrending chart, obviously just buying a call would be very risky. So what could we do here? Sell a put, buy a call... what?

Lets say I own AAPL for a long term position, but I want to hedge against the current volatility. How would I go about doing so?

Sorry these questions are so basic, but for some reason it just doesn't click with me when I read it online. I'm hoping one of your explanations will make sense and it will be easier to understand.

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