Does anyone here trade options? I am thinking about selling covered

>>1427639
Does any of you fags actually do anything to do with business and financial instruments?

sure, but shouldnt you be asking questions about the stock market instead? since you say thats where people that dont understand derivatives belong

>>1427651
Sweet do you understand derivatives and the questions I am asking above?

>>1427639
You understand that the buyer of the option that you sell can exercise on the first month if it's in the money and they like where it's at right? It's not guarantee by any means.

>>1427664
Yes I understand that but who cares if the stock price goes up or down as long as you are creating a consistent return

Have you got any tips bro?

>>1427665
>Have you got any tips bro?
Plant your corn early next year.

>>1427639
The stock market is for suckers and the intellectually elite.

I don't do options because they're boring and it doesn't fit my non-stop style, but you can easily be seeing 50% returns if there's a 1 stdev swing.

I trade futures and I made 45% just this last week from e-mini spy futures.

I wouldn't sell naked options, unless your account is tiny or the amount you're speculating with is small compared to your account and you can take the contract nullification.

But tbqh naked options do have a huge potential for the upside if you're right.

>>1427665
How do you think you're creating a consistent return by selling covered calls? How much stock could you possibly have in your brokerage account to write covered calls against?

Here's some advice, go learned Black-Scholes front, backwards, and fucking sideways before you try to step into the options market.