$Vanguard S&P 500 ETF(VOO)$ $Vanguard S&P 500 ETF(VOO)$
I'm Still a newbie with options, so try to play safe. So my approach so far is to go long and try to bet on certainty. But I here you thinking "nothing is certain in the stock market" and of course you are right.
But based on historical data, with the S&P over the long term, the only way is up. Yes there have been corrections but on average we are told that the historical 9% average return is not beaten by most investors that try to pick stocks. And although we are also told past performance is no guarantee of future performance. Well I'd argue that the data on the S&P is so vast, well it gives a level of reliability and of course diversity that is not easy to match.
So my approach is to buy long calls in Voo. It's at historically high levels atm, and there will be blips. So long is safer to me, but if it drops back a bit, I'd probably go shorter term maybe $VOO 20241018 495.0 CALL$ Betting on an interest rate cut before October
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