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still learning options, what's the best approach for choosing one.
how do you go about choosing an option??
Wouldn't take this as trading advice cause who knows what the market will do from day to day but would use the paper trade to learn. Learn the different avenues in which to make the best informed decision. Life can be a gamble and this is no different. Happy hunting!!!
I sell puts 90+ days out to capture larger credit
like
sofi 8/16 put on 7.00
73 00 credit to me for 100 shares
so if I have to buy im only paying 6.27 a share for 7.00 buy price ...
if I went shorter time span my buy price would be higher creating more risk
I also see earnings is end of July so its a good catalyst to push sofi over 7 and I get to keep the credit.
I sold 25 puts total for 8-16
like
sofi 8/16 put on 7.00
73 00 credit to me for 100 shares
so if I have to buy im only paying 6.27 a share for 7.00 buy price ...
if I went shorter time span my buy price would be higher creating more risk
I also see earnings is end of July so its a good catalyst to push sofi over 7 and I get to keep the credit.
I sold 25 puts total for 8-16
3
investing with options requires a stretegy.
It is not like buying a physicaly asset. Its the option to buy an asset (stock). Options can be used for whem the market goes up or down. it can pay out, but I choose not to particpate in options.
I am a buy and hold type of investor.
It is not like buying a physicaly asset. Its the option to buy an asset (stock). Options can be used for whem the market goes up or down. it can pay out, but I choose not to particpate in options.
I am a buy and hold type of investor.
3