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Old 08-21-2005, 10:40 AM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: Options trading any thoughts

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from my understanding trading options is simliar to playing poker.

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The closest buying options comparison to poker would be MTTs... your loss is limited to your buy in, some make a few $, some get a huge return!

The closest selling options comparison to poker would be a staking agreement.

There are many different option strategies, all with significantly different risk/reward models.

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to make $100/hr+ trading options apparently takes a bankroll far greater than what you need to make that money playing poker. were talking 6 figures from what i understand.

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First, one of the benefits of using options is leverage. You can start trading options with a very small amount of $.

Second, the time spent managing an option position is minimal. So, to make $100/hr of actual time spent is signiicantly easier than doing the same thing in poker. (which is not to imply that making $100/hr is easy for the average person in either case)
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