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Why Ask Why?

Posted on July 27, 2008

The most common question I get here,? Who is that French anchorwoman . The 2nd most? Why didn't my puts move up when the stock opened down 3 points, and are the MM's rigging the quotes?Along those lines, Mark from Options for Rookies forwards me this piece he wrote a few years ago in SFO Magazine. I don t understand what happened. Yesterday I bought puts. The company announced disappointing quarterly earnings, the stock dropped from 104 to 100, and I m losing money. How can this happen? Help! This lament from an inexperienced options trader recently was posted on a message boa...

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earnings , expiration , markets , options , puts , trading , volatility