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The Priceline Group Inc. Message Board

  • tutmose42 tutmose42 Dec 8, 2012 11:49 AM Flag

    What they do not tell us about options trading

    Options trading is basically a losing game, Look at the spreads on PCLN, If you do a spread trade of a long call and a short call you will lose approximately $50 on each spread to start out. $50 can buy many shares of a cheap stock which does not expire and can be held for years at which time that $50 can make you a lot of money where as if your options do not move on time you lose your money, Sometime ago I was about to buy some options on RPRX which had a wide sprread, I rhought about it and bought the stock instead. i bought fewer shares with the money. The options would have expired wortless but thereafter the stock move from a couple bucks to almost $16 and i made a ton of money with the money I would have lost on the spread bid/ask spread. Options is a Casino play that caught me for years.

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