GREY:MRRCF - Post by User
Post by
GeneralAladeenon Nov 30, 2018 1:40pm
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Post# 29046385
Options
OptionsThis stock isn’t option eligible.
there is only one option play that is downside risk free.
Selling covered options. Meaning you own the stock you are selling options on to someone else.
downside is only if the stock goes way above your strike price and you only get the call premium . You get Nothing above the strike price.
Anyone who says they make money risk free in options is a liar:)
Traded hundreds of options plays in my day trading days. Made 1000s% on a many - lost everything on more. Ladders spreads and condors tend to mitigate risk but also cut back on upside.
Writing Covered calls are a great way to add 10-15% on your portfolio of blue chippers with low deltas.
GL