This is pretty basic but maybe useful to some small portion of the Slope community.
I’ve been trading options with money in a smallish account for about 11 years. It isn’t small because I have never made money, but because I routinely transfer profits over a certain dollar amount into another “leg” of our investments. I have a larger, conservatively invested account with my husband and I make decisions on it much less often. It is designed to grow slowly. My options trading account is for making money in a higher risk trade, generating income and hedging during downturns in the overall market, downturns large enough to be considered a bear market, or during a recession. It is a way to capitalize on movement up or down in a stock, even to enhance profit one makes on a long-term stock owned.
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