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I trade in options daily. I did hundreds and I mean hundreds of trades in 2014, mainly covered transactions
It's not as easy as one thinks.
I do not recommend it if you don't have the financial background / mindset and the stomach for it.
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Never tried it before. Just seemed interesting because in 60 seconds you could have a gain, or loss, and cash in. Wasn't sure if that is typical of online trading. Usually you have to buy full stocks at their price.
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I just checked, I did about 400 trades in 2014.
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5 or 6% is a better return than I'm getting at my bank
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Yeah, that is better than a bank!
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That 5/6 % is over a 3 month span. The yearly return is much much higher. Buying the stock and selling the call is much safer. You don't want to get called and not have the stock.
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I like the sound of this
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(03-04-2015, 04:33 AM)Parkster Wrote: I like the sound of this
Me too.
I think I'm going to watch some of the tutorials, just to see if I can understand it.
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