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18464402 No.18464402 [Reply] [Original]

What are some general do's and dont's for trading options? Very new to this and have been learning the fundamentals for a few days now but want to start buying some contracts. What are some good bets to get my feet wet with?

>> No.18464409

>>18464402
dont do it

>> No.18464443

Don't do it dipshit. Buy SPY instead like a same cunt.

>> No.18464501

Why the fuck would you trade options when stocks are swinging 5 to 10% in both directions every day.

>> No.18464515

DO NOT FUCKING DO IT
or you will end up like me with -98%

>> No.18464522

Don't do it.

>> No.18464552

Got $15k in the bank and I'm a complete brainlet. What do I do to make it with this money?

>> No.18464557

>>18464402
IMO? wait for index to stabilize, then bet they will go up slightly.

High risk, high reward. See below:
>>18464522
>>18464515
>>18464501
>>18464443
>>18464409

>> No.18464568

well that's pretty unanimous. preciate y'all

>> No.18464584
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18464584

>>18464402
how about you fuck off back to WSB, kid

>> No.18464620

>>18464402
The best thing to do right now during this volatility is to strangle. Buy a spy put and a spy call at the same time, later in the day if it dumps sell the put for profit then sell the call later when it pumps, or vice versa if it pumps first

>> No.18464637

>>18464584
to what?

>> No.18464660

Just dont do it. Boom I just saved all your money

>> No.18464679

>>18464402
Do it, don’t listen to these retards.
DCA principle can be applied to options
Just don’t start thinking you’ve figured out the market and try to play swings that you “foresee” because you’ll lose your ass. I was once told that “Everyone knows something special about the market.” If I’m a gamer maybe I am tuned into product releases that drive sales in tech, if you’re a contractor you know about price movements for goods, etc.
Don’t buy cheap options because they’re cheap, think about if you really see that making money and then buy the next ITM option so you have a better chance of breaking even.
All the technical info is available ad-infinitum online. Google it you faggot

>> No.18464682

>>18464620
Don't listen to this fool.
What you wanna do is a reverse double-coomer cowgirl upside-down straddle-me-up-n-fuck-me-hard mountain (of cash) builder.
Don't buy, but SELL the put and the call at the same strike, not for SPY but for SPXL. That way you are guaranteed to get double the premium right away, instantly. Instant profit.

>> No.18464746

>>18464682
Holy fucking based.

>> No.18464780

options is betting. a gamble. might as well go to a casino as far as i understand it

>> No.18464795

>>18464552
Give it to me and I will double it.

>> No.18465213

>>18464402
call credit spreads

>> No.18465598

>>18464795
What's the cut?

>> No.18465706

as prior stated, please go fuck off back to WSB

that said, a very small stake of your total nut, say 5% or less, can be speculated with.

95% should be invested. i've never heard of an options trading strategy that could be considered an investment for a reasonable individual.

so, if you must YOLO, my advise would be to find the 2 most retarded autists on WSB and the 2 most crazie aspies, and do the opposite of their stakes, with equal positions of your 5% speculation stake.

>> No.18465868

>>18464402
Buy LINK

>> No.18465924

>>18465706
So yolo 5% of 15k, that’s not a very good yolo