Cheddardroid
✓
$6.57K
Nov 5
New, how to get into options trading?
I’ve been investing for a few months now, moved most of my savings out of hysa into growth etfs. But I’d like to learn more. Any experts on here have advice for getting into options trading so I can learn to maximize my gains? What did you do to learn? What do you do on a daily basis to stay on top of the market?
👍
4
3057 views
Comments (7)
Nov 5
100% on 0dte spy calls. At least that’s how most noobs lose their money or get an easy 100k😅
Start by learning small or doing paper trading on Robinhood or some other app using fake $ to learn. Don’t listen to get rich quick stuff.
💎
6
Nov 5
Don’t sell your current positions, they are solid. Since you’re close to 100 shares you could start by selling covered calls to, as you said, maximize your gains. You still gain share appreciation and make money from the call decaying. YouTube has been very helpful
💎
1
❤️
2
Nov 5
100% would strongly recommend reading "Trading in the Zone" before you start doing options with actual money it goes over the mental/psychological aspect of trading and common mistakes made. I wish I would come across it before I started
❤️
3