Selling options is foreign to a lot of people. Its different. I hear things all the time that aren’t true. So here are some myths debunked. And a picture of Kiki. 1. You need a lot of money to start. Truth: You can start with as little as $5000 on low-priced tickers. 2. You don’t have the time. Truth: You can do this with a full time job. I do. Set up the trades on Monday and Tuesday, and let them ride until expiration or in high profit. No staring at screens and stressing all day. 3. Selling options is too risky. Truth: When done correctly (like cash-secured puts or covered calls), it’s actually less risky than buying options. 4. It’s only for advanced traders. Truth: Selling options can be simpler and more consistent than buying them, especially when you stick to defined-risk strategies. 5. You can lose unlimited money. Truth: Only naked calls have unlimited risk. We don’t sell naked options. 6. If the share price goes up you will lose money. Truth: You make profit off the premium + the share appreciation up to your contract strike price. Profit is profit. 7. Having covered calls get exercised is bad. Truth: While there is tax implication for this in taxable accounts, you still profit. If you like the stock then buy back in on Monday or on the next dip. 8. You can’t make meaningful money this way. Truth: Weekly income of 2-4% return on capital adds up fast, many traders hit double-digit monthly returns consistently. 9. Time decay (theta) hurts you. Truth: Theta actually works in your favor when you’re selling options. You profit as time passes. 10. Premiums aren’t worth the effort. Truth: Premiums compound. Selling weekly can outperform long-term holding in the right setups. Goldman Sachs performed a study on this and when done correctly it outperformed buy and hold. 11. If the stock goes up, you miss out. Truth: Yes, upside is capped, but you’re trading that for high-probability income and consistent returns. Change your mentality. 12. Selling options is gambling. Truth: Buying options is gambling. Selling them makes you the house. What is they say about and house and winning? 13. Selling options needs great technical analysis. Truth: Selling options is extremely forgiving. If the trade goes against you, the losses are offset by premium gains. And you can keep selling options on that stock until profitable! Hope this was helpful in clearing up some misconceptions!