What are the qualities needed to become Option Seller. This is one of the question which comes to the mind of trader.
Here are the essential qualities to become option seller
- Patience key for success: For option seller Patience is the key for success. Without Patience Trader could not become good option seller. Basically it is better to say Option Seller are having huge patience till expiry.
- Happy with Premium: They donot want to make huge money. They are satisfied with small money i.e. Premium
- Capability to do Adjustment: To become Option Seller one must have the capability to do adjustment in order to minimize losses.
If any trader is having these types of capabilities, then one could become option seller.