Joe S asked:


I have a quant background in hedging, so I’m not asking for guidance on how to learn modeling or developing strategies for trading options. I have work experience doing option valuation and developing dynamic replication strategies, but I have never done the trading.

I want to start relatively small - I’m comfortable putting about $20K at risk. I would be looking to hedge options against options while trying to limit the amount of dynamic hedging. I expect that I’ll need set up some margin in addition to any net option premium. Is $20K reasonable?

Are there brokers specializing in options? Does anyone recommend CME, CBOE or other tools? (I know that some exchanges offer tools for subscription.)

Thanks!

rob_nowlin10 asked:


i want to know how to buy options. i am new to trading options and futures, and i am a little confused. where do i set the strike price? and why would i buy out-the-money?? and how does options work? what is the difference between buying a PUT and selling a PUT and in the same trade you would buy a CALL and sell a CALL.. i have more questions BUT i am only allowed so many characters

i.have.questions asked:


Has (Does?) options-trading (futures) affected the stock market? Is there any positive or negative impact of trading options directly or indirectly on the trading of stocks?

Not that I’m not trying to understand what is options trading - I am trying to find out if there has been any study on the impact of futures trading on a stock market on a general scale.

Mover3000 asked:


I’m trying to find out if there’re some sort of loans specifically designed to be invested into trading options or futures.
If anyone knows anything, I’d appreciate if you share some information.

Thanks.