Australian (ASX) Stock Market Forum

Who sells (goes short in) options?

There is many a fool who has lost a lot of their money after going to a wealth creation seminar and learnt the basic concept of options and I think a lot of these fools have been wiped out over the last few weeks.

I thought about not calling them fools but if someone is willing to put their money in the markets on an option trade recommended by an "expert" they deserve what they get.

Hi Builder,

Do you have some inside knowledge ? :D
 
Clarification: I was referring to FX's post not yours. ;)

Phew!!! Was teaching put-call parity a few weeks ago, could have misled so many....:badsmile:
Note: colion mentioned the Greeks and thread participation by another OP has instantly died :goodnight No Greeks allowed to be mentioned henceforth in the derivatives forum.

They will be renamed as follows:
Delta = Deal
Gamma = Game
Vega = Vegas
Theta = Tatas
Rho = Rodeo

In context e.g.:
"You want to take advantage of Tatas and Vegas, but this comes from taking on more Game"

Why wouldn't you want to be positive Tatas, eh? I want to accumulate and profit from as much ta tas as possible:p:
Much more appealing
 
Ironic is the word that comes to mind when i see headings like this on stock forums after a >10% correction :dunno: . opportunity knocks sometimes but in this case hes way down the road :):headshake

Hey mate, banks have dropped another 10% since you wrote this :) just sayin'
 
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