Pick a stock
My favourite stock for options trading so far has been Tesla due to its volatility. This is because I only sell options at the moment (instead of buy), and high volatility stock allows me to sell options at a high premium. *Note: this is not a financial advice.*
Option chain
Some of the information that I pay attention to on the option chain page are implied volatility, days to expiry, bid/ask prices, delta, just to name a few.
DrBingo : Thank you so much!
Cow Moo-ney OP DrBingo : You’re welcome
curtaincall : Great tutorial!
Cow Moo-ney OP curtaincall : Thanks! Hope it has been useful!
Seraphicall : Nice. Thanks bro
Cow Moo-ney OP Seraphicall : You’re welcome! :)
Ravi_Sharma : Option fee should be equal to Webull otherwise no one will be interested to pay 55% profit as fee to moomoo
Ravi_Sharma : Appreciate if you also educate people that option fee wrt to profit will be charged 55% approx. Normally people see profit and feel very happy and don't check that how much fee has been deducted by Moomoo for option. So learn the option and use Webull or other app to buy/sell otherwise wait till Moomoo able to match same fee. Otherwise option in mooomoo is useless
Ravi_Sharma : Appreciate if you also educate people that option fee wrt to profit will be charged 55% approx. Normally people see profit and feel very happy and don't check that how much fee has been deducted by Moomoo for option. So learn the option and use Webull or other app to buy/sell otherwise wait till Moomoo able to match same fee. Otherwise option in mooomoo is useless
Andre88888888 : Awesome info as always. Nice bro!
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