Financial Investing Radio

One time while driving my family in the car we were going a long distance. It was about a 12 hour drive. We were about 11 1/2 hours into the drive and from the back of the car our youngest child spoke up and said, "Dad, do you know where you are going?" To her it seemed like we were driving aimlessly around for hours and she was letting me know she couldn't take it any more. I tried to convince her that I knew the direction and where we were going. When I started trading options I was focusing on direction, but found it to be a struggle. I then started trading without direction; I was trading theta. If you are not familiar with what that means, it means you sell the options and take the money from the sell, hoping that the price will never hit your option strike, or price area. You can actually make some money; however, if your option strike price gets hit then the loss can be much larger than many months of profits. Here's how it works. You sell the option way out away from the current price in an area where