When ‘Perfect’ Option Trades Won’t Do

With 20-20 hindsight, Rick looks at option trades in VXX and DIA as though we’d done them with perfect timing. The hypothetical results are going to surprise you, but they will also leave you better prepared to distinguish good opportunities from bad the next time you are thinking about jumping on puts or calls. Turns out it’s not enough to merely double your money; you’ll have to do much better to succeed at the game. In this lesson, you will learn a couple of tricks that can help.