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[quote=equalizer]I could teach you how to lose money with options! If you haven’t checked out the CBOE site it is very good.
http://www.cboe.com/Strategies/IndexOptions/BuyingIndexStraddles/Part1.aspx
http://www.cboe.com/LearnCenter/course19.aspx%5B/quote%5D
Thanks for the links. The course 19 seems like it should cover this very topic. Will have to check it out!