Summary: BASIC TRAINING: TOP 5 THINGS TO KNOW/UNDERSTAND BEFORE TRADING OPTIONS - MARK’S LIST 1. THE GREEKS 2. SYNTHETICS/PUT CALL PARITY (AKA COV. CALL VS. SHORT PUT) 3. EVENT RISK/SKEW (AKA - BUYING OPTIONS BEFORE EARNINGS) 4. LONG PREMIUM IS RISKY AS WELL -DEATH BY 1000 CUTS 5. HOW EXERCISE/ASSIGNMENT WORKS - DAN’S LIST 1. KNOW YOUR RISK PROFILE 2. KNOW YOUR GREEKS 3. KNOW YOUR BROKERAGE PLATFORM 4. KNOW WHERE TO GET HELP 5. HOW EXERCISE/ASSIGNMENT WORKS
