Don't trade stock options breh...

malbaker86

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@malbaker86

Did you pass the Series 7? I'm working for a major company and there offering positions that require passing of Series 7 and 63.

Boooombed it :sadcam:. I was studying for it while raising our newborn and i mean FRESH out the womb newborn.

But, if you have the time to study your ass off for it and do NOTHING BUT study for it (my downfall), you will be fine.
 
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my advise also is not to play around during earnings season. because it is strict gambling at that point. to anybody whos interested I have a list of about 5-10 rules you must abide by when playing with options. They will help you minimize losses but any breach and it can fukk you up bad. Speaking from experience.

Much better with equities than options

Id like to take a look at that list
 
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Let's say you but 20 $110 call options for .50 each for a total of $1000. If this stock goes close to 'in the money', you've probably tripled your money right there. The return on options is MUCH better than returns on stocks, especially for the average Joe.

So was he saying, i can buy some stock worth $110 dollars for .50 each?
 
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