Options investing is a field that most people do not know about. I am currently involved in selling naked puts and covered calls, but I hope to cover advanced options strategies eventually. Options trading and investing has to do with taking a position that a particular stock may go up, down or stay the same which makes the contracts very versatile.
Not unlike a large amount of people in this country I find the Madoff scandal fascinating, so when I saw HBO was doing a movie with Robert DeNiro I was pretty excited. I find the story so intriguing for a few reasons, but the main two are that I know a few people personally affected, and to a much larger extent, it builds into my obsession with wonder just how many people are completely faking and full of shit. While watching, Wizard of Lies, with The Wife I started to wonder what the hell was Madoff's claimed strategy? I am completely familiar [...]