Options are like a gameplan to boost your gains 💰 and keep your losses in check 💸, no matter what's happening in the market. When things are looking up 📈, you can sell calls. When the market's going down 📉, selling puts on stocks you want to own is the move.
👉🏻 TLDR for potential rewards and risks: you pocket the option premium upfront 🤑 but remember, you're on the hook for potential losses if the market doesn't play nice to your predictions. 🙈
My go-to ta...