Basically, Option is always the riskiest financial instrument in the current trading market apart of future. However, if you know to use the dangerous weapon to be your shield then you might survive even though the market collapse. There is always a quote “invest for what you can lost if the whole money is gone”. However, we don’t want to lose our money in the market.
Here I tried couple methods to ensure it gets profit but the mental capital that invested here is quite huge as well compare to the gain received here. IF you have to start with option, clearly you should start with the secured put or covered call and with an amount of money to hold 100 units respective to the option stock that you are buying. If you don’t have the buying power never ever tried to touch else keep your strategy to stocks first.
Here are my gains after knowing partly of the strategy. Next you need to understand the levels of it very well. It takes time for you to understand that in every stocks so be patience. You don’t have to be hurry in gaining profit but always remember to preserve your capital first.
I would surely continue my journey and write up more soon. Do give a like if you guys resonate well for what I shared here. Finally, thanks to broker to have this option strategy and making sure everyone stay profit.
#options #hopefullycontinueprofiting
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