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Options trading( newbie)

Hello investing gurus , would appreciate if you guys can narrow down options trading strategies, looking for cashflow monthly, while hedging. Too many strategies out there, would be thankful if can get some valuable advicee

Discussion (6)

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HAN ONG

23 Aug 2022

Founder at Punggol Fat Loss Expert

I totally agree with the experts who had already commented. I just got started this year too with 'The Wheel' strategy of selling puts and then calls but do note that due to the falling market, the 'covered calls' aspect might be affected as your strike prices might be too low or under your cost of stocks.

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Anyway, which brokerage are you using?

The "safest" option would probably be selling covered calls. Or The Wheel strategy, google that.

Tan Choong Hwee

19 Aug 2022

Investor/Trader at Home

Well, just learn and practice the simple strategies first to see if you have a good understanding of...

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