Longer Term Strategy VS Shorter Term Gains - What it means to you?
Longer Term Strategy VS Shorter Term Gains, what does this mean to you?
For me recent strategy is to take a long term bullish stance. While take opportunity for the short term downwards momentum.
While options are not for everyone due to the high risk and high loss potential. I realised as a Casual Investor I’m already at the Level 1 and sometimes Level 2 when I formulate my strategies.
Longer Term Bullish Strategy : Cash secured Put. (Looks like naked put actually but capital secured.) Why it works for me, I don’t mind owning these positions if they get assigned.
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Short Term Strategy: Scalping using buy and selling of options on very short duration. Using pure Technicals to Trade. To me, its Less risky as I Buy options then Sell. So losses if any are capped. (See my $Tesla (TSLA.US)$ & $NVIDIA (NVDA.US)$ trades below. )
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pootpoot : didn't know option got level one. how to check har?
CasualInvestor OP : I think it’s only available on MooMoo US interface
Bear Bear Craig : Power bro