UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: Patzer Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 11007  
Subject: An Options Newbie's Homework--Part 1 Date: 5/24/2001 7:16 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 24
Hello folks. I am relatively new to options, having had approval to trade them for less than a year. I will be asking some questions, some of the possibly dumb. In an effort to avoid repetitively dumb questions, I have looked at all the back posts on this board. There is a wealth of information in the older posts. Reading them, and working at understanding what is said, has answered many questions I might have otherwise posted here.

Sometimes a regular poster will advise a newbie to read some back posts. This is good advice, particularly with respect to the first 2000 or so posts. These contain quite a bit of educational material that can be helpful for those new to options. For those new to options who haven't the patience to read all the back posts, here is a list of some old posts that I found valuable. This list is quite subjective; posts covering material I was already comfortable with didn't make the list. Later posts on the same topic as some of these posts also didn't make the list. You get the idea; if you really look at all the back posts, you'll find some gems.

274 (asmythee) Synthetics. A must read for understanding risk factors. If you don't understand it the first time, read it again and play with the equations on paper.
http://boards.fool.com/Message.asp?mid=11151570

1602 (TheExpertNovice) Deals with the risks of covered calls, but useful for the links to sites showing the probability of getting called out.
http://boards.fool.com/Message.asp?mid=12170119

1737 (zman49) Tax implications of covered calls. If all this post does is get you to read the part of IRS Pub 550 that applies to your position, it's done its job. Also, post 2144 (zman49) with brief description of the IRS Straddle rules.
http://boards.fool.com/Message.asp?mid=12322382
http://boards.fool.com/Message.asp?mid=12668098

1896 (jlepark) A newbie asks some questions about how people use options. The thread contains a number of very educational responses from more experienced traders.
http://boards.fool.com/Message.asp?mid=12486074&sort=threaded

1984 (vanrijner) The perenniel newbie question: "Let's say I had $2000, and I wanted to get involved w/ options." A variety of educational responses, including a reference to an audio by McMillan (of OSI, McMillan on Options)
http://boards.fool.com/Message.asp?mid=12525611&sort=threaded

2106 (jwpii) " I was wondering if anyone out there was using any kind of option spread strategy. " Informative replies
http://boards.fool.com/Message.asp?mid=12601163&sort=threaded

2208 (zman49) "I suggest we share some of the dumber moves. They may be our own, or they may be ones we know of others making. (By the way, the dumbness of a move may have very little to do with the profit/loss recognized.)" Start of a good thread.
http://boards.fool.com/Message.asp?mid=12716090&sort=threaded

2338 (zman49) Post & start of thread with excellent description of what gamma is and why we should care.
http://boards.fool.com/Message.asp?mid=12979103

3144 (MDCigan) Start of thread on money management.
http://boards.fool.com/Message.asp?mid=13626889

3229 (zman49) Post with pointers to earlier threads about covered calls.
http://boards.fool.com/Message.asp?mid=13697560


3896 (zman49) Post with pointers to earlier discussions on which brokers are good for options.
http://boards.fool.com/Message.asp?mid=14270812


4155 (PeterEidson) Calendar spreads explained.
http://boards.fool.com/Message.asp?mid=14625123


4301 (PeterEidson) Strategy Matrix
http://boards.fool.com/Message.asp?mid=14796841
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement