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Some of my friends recommend clenching and unclenching my buttocks during the exam. Personally, I prefer not to receive advice about my hindquarters during times of stress.

Trading Options on Funds

Trading Options on Funds

Trading Options on Index Funds or ETFs

BUBB's chart looks about like The Rocky Mountains at sunset if you're standing on a dozen margarita blenders. Volatile. But if you want to live past age 40 as a trader, sometimes less volatile instruments are preferred. So you just pick an index—100 stocks in a basket are less volatile than any one stock.

Trading index options is usually a reflection of other factors in a portfolio. Yeah, traders do naked exposures to market movements and do speculate o...

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