Explore Your Options by Tom Gentile
NEW OPTIONS FOR OPTIONS: VARYING EXPIRATION DATES
Options have gained in popularity and use over the past couple of decades. They have come a long way since the days of the trader who merely used options as a hedge against the risk of the underlying asset, whether it be a stock or commodity. Fast-forwarding to today, options are used as speculative instruments, where people arenít necessarily just buying options to hedge against risk. They are being used by many as a way to leverage their dollar into making money trading them (buying the option with the intent to sell the option at a higher price), with less risk than it would take to trade stock shares in the same manner...