dear sac d...please dont take any offence...but since ur knowledge is so limited, do not try trading fno with ur capital. u might as well put it in an fd or if u want to gamble, "invest" in playlotto. first learn about the mechanics, and what moves options. else in all probabilities, u may lose all ur 10000 and never come back to options again, thinking its too risky. u wont be able to take advantage of this unique instrument again.