OptionsRules

Yes you are right, it is just a matter of perspective:) I think from a trading psychology perspective it is much better to win 8 out of 10 times then only profit 2 out of 10 but then big time. But this is subjective and very personality driven thing. I always say everybody has to accept their trading personality and based on that create the strategies.

Trading options on futures is a very high return on your investment, but you need high margins as well. If the position goes against you and you are naked you need at least 2-3 times the original initial margin that you have put up.

I am mainly trading with NG futures options and I love the way it pays in terms of credit/margin ratios. It is also true that NG is a "bit" volatile so you really have to have some kind of adjustment strategies in place to protect your portfolio. I would love to work in that pit man, so good to have you here...

Hi, I am using thinkorswim as the best options trading platform out there. You can also use a free software for analysis purposes only which is called Options Oracle. You are right it is very important which software you use for trading. br, Gery

Hi, I am also selling option on index products but mainly on futures because they have a much higher credit/margin ratios... I agree, you need to employ some form of adjustment strategies to protect your portfolio. But what I love about selling naked premium is the % of chance that I win. It is more consistent than trying to pick the market directions all the time:) Best regards, Gery