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 Options Q&A and Discussions, Covered calls, protective puts...

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Davidtcf
post Jun 7 2022, 12:12 PM

To the moon!!
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Joined: Jan 2003


So complex rclxub.gif

I will try paper trading at options first before trying out the real thing.
Davidtcf
post Jun 8 2022, 04:37 PM

To the moon!!
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Senior Member
3,520 posts

Joined: Jan 2003


QUOTE(Ramjade @ Jun 8 2022, 09:37 AM)
Kindly check your pm. I send you a link to a telegram group full of people who does options.

Like I said just so many times. Just apply for margin. You don't need to use it. As long as your cash is positive, you will never be charged any interest for it for IBKR.
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just post the link on page 1 bro.. anyone who wanna learn can join. I pun interested biggrin.gif

if mind then pm2 me please?

This post has been edited by Davidtcf: Jun 8 2022, 04:39 PM
Davidtcf
post Jul 10 2022, 11:49 PM

To the moon!!
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QUOTE(Lon3Rang3r00 @ Jul 3 2022, 10:08 PM)
That's the difference between the initial option $8.50 (Buy to close) and the new Option $9.00 (Sell to open).  sad.gif
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So far have you made 4 figure yet with options? I'm thinking of getting into it someday.

Just hard to bear the fact need 100 stocks if want to sell options. That is where making money really comes from in options.

If I go into options also would avoid less known stocks. So gonna need higher capital to dabble in it.

Davidtcf
post Jul 13 2022, 01:56 PM

To the moon!!
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QUOTE(Lon3Rang3r00 @ Jul 11 2022, 09:12 PM)
Nope, it took me two months to recover $400 that i lost on my 1st option trading.  laugh.gif  but i only have a capital of $4k so it's more on trial and error... Don't even think about earning $100 per week, it maybe possible with higher capital, but as of now. I'm aiming $10/contract/week now. Just to be on safer side before a market crashed. I'm playing wheels, just selling Puts then selling calls and repeat. Have not try buying a Put/Call (other than buy to close)
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yea heard also that wheel strategy is safer when selling options.

LEAP call options is what cause some people to lose massively during this bear market.


 

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