French Revolutionary man.I got all cocky today and bought some SPY puts at around 80.64 thinking there was no reason for this rally. Guess I forgot the market doesn't need a reason. Tomorrow morning may be a bit tricky depending on what happens with Mark to Market. I personally don't think it should effect market business in reality, but that's reality, and the market lives with Alice. I'm 60% short.
Back to the business of Educating yourself, a couple bloggers for options.
investingwithoptions.com/
This guy is brilliant when it comes to complicated option strategies and seems to be able to just pop them out on the fly. Very impressive. Recently made and is selling an "Option Bootcamp Program" that is hard hitting and will give you a feel for what options are and the science behind them. Well worth the token price.
www.optionaddict.net/
Jeff Kohler, used to work with think or swim and is actually quite famous in the world of options. Used to blogg very actively and was the place to be before he went premium. Not sure what his premium is like, but I think it's a stock picking service. Still publishes a weekly watch list that really makes you think. Great learning tool. Posted in the sidebar under "greatest hits" is probably one of the most comprehensive educations you can find on options, and it doesn't cost anything!!
