Thanks to the introduction of daily options, there are a lot more people trading short term options than ever before. But there are still those that prefer longer term options. Which side of the coin are you? Short term (0-14) days or Long term (15+) days My opinion is that both have their place and you should be using both. AS LONG AS YOU ARE MAKING MONEY. That’s the hard part. Most traders start trading long term, goof around, try different things, and lose money. Then they hear about short term options and think “Hey, if theta decay is really fast, then I will make money really fast.” And then they continue to lose money. Why? Several reasons, but for most…they do not have an edge. No advantage over anyone else in the market. You cannot win like that. I was a very slow convert to short term options…and I only did it AFTER I had a real edge. A strategy and a trading system that has a positive advantage and edge that allows me to be profitable. I’ve written a report so you can see what it is all about. And it is free. Just download it here. You don’t want to trade short-term options without it. Happy Trading! Allen |