RE:RE:Re $2.00 Options
metalhead666 wrote: Make sure you read the part where it states the FACT that 90% of option buyers lose money.
I have made money on option most of the time I use them, but I use them very rarely and invest in them VERY differently than I do stocks themselves. If I had used them more, I would have lost a LOT more guaranteed.
The guys who do make money in options usually trade for income and have very little interest in the underlying stock as a company. They use the Wheel and other similar strategies. The most conservative use of options is as insurance.
Copper. I would suggest being very very careful.