Options Tag Archive

You have to be reactive and not proactive in the markets

(Extracted from The Business of Options by Martin O’Connell) When I left the corporate life to become an independent CBOE marketmaker in 1977, I considered myself to be a real adventurer. I wasn’t going to spend...

Investing Read More

Losing $1 for most expirations and making $10 more than 9.1% of the time

(Extracted from Fooled by Randomness by Nassim Taleb) There is another type of satisfaction provided by the option seller. It is the steady return and the steady feeling of reward—what psychologists call flow. It...

Inversion, Investing, Nonlinearity Read More