Traders Laboratory - View Single Post - Let's talk about options
View Single Post
  #15 (permalink)  
Old 01-29-2007, 02:04 AM
RhodyTrader RhodyTrader is offline
RhodyTrader has no status.

Trader Specs
 
Join Date: Jan 2007
Location: Providence, RI
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Let's talk about options

Quote:
View Post
Hi Rhody,

I do agree that it can be made to be very easy. As for fixed downside, how are you fixing that? What strategies are you using?
You fixed downside is the cost of your options, plus commissions of course. That assumes you are long the options. If you were short, and unhedged you would have an unlimited upside risk. I stick to just buying calls as proxies for long trades in the underlying stocks.

Reply With Quote