Summary: WHAT MATTERS MORE WHEN TRADING WEEKLY OPTIONS - GAMMA OR VEGA? WHAT IS THE DIFF BTWN NDX AND NDXP? I REALLY WANT TO TRADE OPTIONS NOW BUT I’M SCARED BY THESE MARKETS. I WAS LOOKING AT SOME PUTS YESTERDAY AND THEY NEARLY $2 WIDE FOR A TWO-WEEK, 5% OTM PUT. I DIDN’T REALLY KNOW WHAT TO DO WITH THAT MARKET. TRADING ON EITHER THE BID OR THE OFFER LOOKED LIKE A SURE LOSER. DO YOU GUYS HAVE ANY TIPS FOR TRADING IN THESE ESPECIALLY VOLATILE, AND WIDE, MARKETS? IS IT TRUE THAT MOST PRO TRADERS SHORT VOL?
