For those that want to

    SPX 15 min

    Posted by bojackson on 21st of Dec 2018 at 02:30 pm

    For those that want to educate themselves on options, read the first few chapters of Options as a Strategic Investment by Lawrence McMillan.  Older book from 1992, I think but the information is laid out well.  Then familiarize yourself with the profit curves in the appendix.  Read the basics a few times to let it sink in as to how they function, then that will give you a good knowledge base.  There is intrinsic values, exponential time decay, volatility, break even points, etc all a part of what to know about options.

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