Friday, August 14, 2009

CNBC's Options Action

CNBC has a fairly new show called "Options Action" that has been moved from 11:30 p.m. Friday night to 8:30 p.m. Friday night. With the change in time, I was actually able to see it today.

The format is fairly predictable. Several traders discus what they are doing (using options) in the market. What I like about the show is that they actually discuss option strategies and what they are trying to accomplish with those strategies.

The show is only a half hour long and is worth a try for anyone who wants to learn to trade options. For advanced option traders, the show is probably a bit simplistic, but advanced traders are not the show's target audience.

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