Here's some advice that I have given that has made hundreds of people millions of dollars: You probably shouldn't ever trade a stock or Exchange-Traded Fund (ETF) again.However, if you chose the right stock option or ETF option to trade, you will be taking on a fraction of the risk that the stock/ETF t
Happy expiration week, Tycoons!As you may know, the third Friday of every month is known as "expiration Friday." This weekend, expiring options "come off the board." In anticipation of this, many investors and traders are closing the books on their September options and getting positioned for October and/or other further-out expiration months, depending on the strategies they are using and the results they want to achieve.
The SEC may be slow to deal with these, but money-hungry lawyers won't wait.