01-25-2010, 07:53 PM
I came across this site a while back and it seems well organized with excellent payoff diagrams for the various options strategies you can deploy. I think it's the education arm of OptionsHouse who I have no experience with, but a good information site all the same.
http://www.theoptionsguide.com/
There is a good example for all of you out there who have been tempted by the "rent out your shares for income" theory that is popular amongst the less reputable "trading riches" educators. They tend not to focus on the negative aspects during their sales pitches:
Bull Call Spread: An Alternative to the Covered Call
http://www.theoptionsguide.com/bull-call...-call.aspx
http://www.theoptionsguide.com/
There is a good example for all of you out there who have been tempted by the "rent out your shares for income" theory that is popular amongst the less reputable "trading riches" educators. They tend not to focus on the negative aspects during their sales pitches:
Bull Call Spread: An Alternative to the Covered Call
http://www.theoptionsguide.com/bull-call...-call.aspx