How about sharing the results of your quiz, i.e. Number responded and
% for each answer? I'd like to see how I did compared to you other
Addendum: Thank you for responding to tell me that the results do not accurately count your responses. I sent a complaint/questions to MicroPoll to determine the source of the problem. A bit of dabbling on my part shows that some of the data has been lost. I'll choose a better polling web site next time.
Good idea Tom. There were an average of 55 replies to each question. I recognize that most readers don't bother to reply, but I find it very disappointing that 100% of readers who did reply had the incorrect reply to two questions.
I must assume that readers who are option rookies responded and others did not. But as a blogger whose mission it is to help prepare readers for trading options with real money, I'm wondering if more posts containing very basic information are necessary. Please comment. I do want this blog to contain the information you want to read.
1) Like quizzes?
54% once in awhile
2) Options expired worthless: 100% Incorrect polling result
3) I'm out of luck: 100% Incorrect polling result
4) Which call to buy
Aug 30 calls: 29%
Aug 40 calls: 2%
Aug 45 calls: 49%
Aug 50 calls: 20%
I must admit I'm surprised. So many people are anxious to get started that they bypass a solid education (that's why I'm writing this blog), but it's necessary to understand the basics of how things work.
I consider this quiz to be a success because it demonstrates that nothing should be taken for granted. I'll be certain to include information that every option trader needs to know.
This situation may be a failure of the broker – by not exposing each trader to the basics, or if the rookie, who is often so anxious to get started that he/she cannot be bothered with the details.
trading options quiz options for rookies
Enjoying our site. Learning to hedge a little, especially utilizing delta with put options whenever I diversify by buying ETFs Sectors instead of stocks.
Options Indutry Council also has some great lessons at http://education.optionseducation.org
I think that I am making a whole lot better rational decisions with your blog and articles specially at Minyanville. Thanks.
Thank you. Hedging is a smart move.
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