11.   James M. Sims, an options trader, had no problem with that.

12.   Late during that period, it appears that some options traders got word of what was going on.

13.   Mix a millionaire Chicago options trader with a former U.S. national security adviser and the exiled king of Afghanistan, and a lobbying force emerges.

14.   Option traders still have a propensity to play the indices from a put side.

15.   Options traders and investors prefer open markets at the end of the day so they can trade stock to square their positions.

16.   Options traders must tread a fine line, however.

17.   Options traders also bet on a decline.

18.   Options traders are wondering whether the usual summer slowdown is just coming early this year or if something else is afoot.

19.   Option traders obtain the right to buy or sell a stock at predetermined price before a preset deadline.

20.   Professional options traders, like sailors and fishermen, are always watching for a break in the weather.