i love option trading

Lnova : I wish I can learn option trading in the future too. Oh your pugs are really cute!

Sean Parker OP Lnova : You can! moomoo has so much helpful videos and training. that's how i learned. it's confusing at first but it doesn't take long to learn how it works. I would say it is best to have a good understanding of trading stocks and reading charts. I started studying them probably 4 months before I ever bought one. thank you for saying that about my fur babies lol.

Lnova : congratulations on your success w LASE too

Lnova Sean Parker OP : yes I love pugs I think they’re adorable. I used to take care of a Brussels Griffon and also was so cute

Lnova Lnova : and the other options as well

Sean Parker OP Lnova : the beautiful thing about that is i still have 98 days before I have to exercise it. so that means if it makes it to my strike of 12.5 then the profit I'll make is unreal. one thing to keep in mind that I always try to tell people is, you can profit without the price reaching your strike price.

Lnova Sean Parker OP : hmm it sounds good, I am still learning how it works. How can it make profit without it reaching your strike price?

Sean Parker OP Lnova : buy the option when the price of the stock drops in a unusual way. I bought the Intel option when the price was 18 and the lase option when the price was 3. the lower the stock price, the lower the option. you just need to make sure that you buy into a company you know will pull out of any downside. I wouldn't buy anything with less than 30 days. everything i get has around 100 days to expire. if you hold them to long the value will drop even if it hits your strike. look into theta(time decay) and how that works. there is allot to learn but it's worth it.

Lnova Sean Parker OP : tyvm for taking the time and energy to explain it to me . I have watched videos on and read about options trading and have been very interested in getting into it. Hopefully next week I can start trying to do options papertrading so that I can gain experience in it.