Online Options Trading - 3 Rules For Option Trading Success
I’ve gotten a lot of questions about how I trade options lately. Many of those questions are really roundabout ways of asking if I have any hard and fast rules for trading options. I don’t have many rules that I consider “hard and fast,” but I do have three. So I thought I’d share them with you here.
1. Don’t hold any near-term option contracts.
2. Don’t buy option contracts that are out of the money.
3. Never hold an option until its expiration date.
