I had interacted today with many option traders who apparently know nothing about the concept of Volatility. I shiver at the description of their trading strategy confined to directional option bets. Disregard or lack of understanding for Time Decay or Implied Volatility.
- Interesting post on Options
- What are the parameters to look for in deciding whether option is attractively priced ?
- Are we aware that Option is a non linear convex instrument unlike stocks or Futures ?
