Link: 25 points on Options

Aug 24, 2007: 11:52 PM CST

Dr. Bruce Hong posted 25 rules he uses when trading options. He states that he enjoys swing trading using options, which is absolutely a valid strategy used by many traders either to increase leverage, put on more positions, or trade with a smaller account.

Dr. Hong presents short but well-explained strategies and rules for traders including

“never allow an option to expire worthless,”

“allow yourself adequate time,”

“… buy in the money options,”

and other valuable lessons.

I sense a strong affinity from Dr. Hong on the point “never let an option expire worthless.”

Browse over to his site and see what other valuable insights he provides regarding options trading.

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