Middle Market Deals and how to buy, sell and raise capital from $5 to $500 million

Larry Stay at GrowYourFunds kindly answered a question for me.  I have a sense of my risk tolerance--and it doesn't include much option trading--but I know people who are option traders.  I'd asked Larry to consider writing about gauging your own risk tolerance for options. 

His answer is enlightening and helpful.  I recommend it.