ARTICLE SYNOPSIS ...Using The Emini S&P 500 To Trade Options by Tom Busby Here's a technique one veteran S&P futures trader uses to trade options. I rarely come across a trader who has not traded options at one time or another. Option strategies come in many shapes and forms, but they are all intended to do one thing: make money. I've been trading since 1980 and was at one time one of the largest option traders in the brokerage industry until the crash of 1987, which made me realize that holding a leveraged position overnight could be devastating. Though I still trade options, I have a totally different pers...
ARTICLE SYNOPSIS ...Equipment, education, and method -- three necessities for successful trading....
ARTICLE SYNOPSIS ...Trading In The 21st Century by Tom Busby Equipment, education, and method -- three necessities for successful trading. It wasn't so long ago that it was very important to buy stocks with dividends and only sell on an annual basis. Then in the early 1980s, the Standard & Poor's contracts started trading in the Chicago futures pit, and things haven't been the same since. Introduced in the form of S&P futures was a vehicle that allowed traders to enter and exit the market multiple times per year to increase net worth. The ensuing shift in philosophy set the stage for a changing market and led to...