Anyone to low IQ to learn options?
I have enough money that i think I could be able to collect steady source of income from selling options on stuff like MSTR or IBIT but I don't get how it works.

I understand buying a call option means you are betting it goes up, so if it gets to the strike price on expiration, you keep the premium or you can exchange it for an amount of shares. Its fucking annoying to understand.

There's 4 ways
buy call option (price must go up)
sell call option (price must go down)
buy put option (price must go down)
sell put option (price must go up)

The details are too annoying to understand. How tf do I learn this. I already tried youtube tutorials and feel like being in class aka not getting this aspie shit.

>>60691193 (OP)

I'm not in the stock market, but don't you just buy and hold until the price goes up?

Think of it like borrowing. If I borrow 10 apples that cost 1$ each for 10$, then sell the apples for 20$, I only have to pay back original person I borrowed from 10$ in total. Leaving 10$ profit for me. Likewise if price of apples goes down and I sell for 5$, then I lose 5$ when I pay back the original 10$.

use chatGPT to ask specific questions about what each does, ask to provide use case examples, and just do that for all your questions.

keep in mind options are very hig-risk and can drown you in debt REALLY fast if you don't know what you're doing.

try to paper trade first until you get the know-how, and then invest. in the meantime, don't lose your money to dumb trades and just save up till you're practiced enough to get the real money. try ThinkOrSwim's paper trading, you'll have to open an account with the Schwab jews but it'll be worth it.godspeed.

T.newbie

I just market buy and market sell leveraged etfs

>>60691193 (OP)
Retail traders always lose money in the long run. If they were good they wouldn't be retail. Don't even think about this shit, just buy and hold.

>>60691193 (OP)
>only invest in what you know

If you dive into the data the option doesn't neatly follow price action like you'd think it does, especially when you buy out of the money or illiquid ones (big buy/ask spread). You have to really understand the greeks to actually make money consistently

>>60691326
>invest in nothing

>>60691280
But the decay fucks you up.

>>60691771
It absolutely does but I also have 100k in holdings I never plan on selling. I think of it more as passive income rather than a full time job or a reliable source of primary income.

>>60691299
The only people making money in 2025 is retail, institutions are too slow to move.

>>60691466
If I buy for instance a call option on MSTR with a strike of 450, and we are now at 400, and it pumps fast to like 440 (doable) then my call option will be green. I don't know how much, but I think that even if it's not in the money, it moved in the right direction. Can I sell this for a profit even if it isn't above the strike price? Or you are only green if it goes inside the strike price?

I don't want want to baghold options or I dont want to get in whatever options that could leave you in debt. So I think buying call options is the best since its the only way you cannot lose money outside of what you paid for the contracts.

The income generating strategies are annoying to understand anyway and they cap the upside so chances are you just make more money being bullish.

>>60691779
But what passive income? you are doing market timming of some leveraged ETF (which one?), you could fuck it up.

>>60691792
>leveraged ETF
I used to trade GUSH and DRIP. I'd wait an hour or so after open to see how the market was going (up or down) and then buy into whichever was a "sure thing" and then sell when the price went up a few cents. It wasn't much but it was easy

>>60691280
I buy options on leveraged ETFs

>>60691792
Basically this:
>>60691860
I don’t ever use more than a couple thousand dollars per position. Sometimes I hold them overnight and that’s when they usually produce the best results. Otherwise I wait until a big move and sell. Average about $100 a day. It’s not much but I’m on vacation and it’s always good to be growing my portfolio, no matter what.

>>60691193 (OP)
Just do the options wheel strategy and stop thinking too hard about it.

>>60691882
I take unsecured personal loans to buy options on leveraged etf where the underlying company is also levered to the tits

>>60691771
Compare % returns of UPRO on max time frame vs SPY on max time frame.

>>60691193 (OP)
>CALL option
right to BUY 100 shares at the strike price by the expiration date
>PUT option
right to SELL 100 shares at the strike price by the expiration date

>BUYING the call option
you have the RIGHT to BUY the shares at the strike price and before the expiration date
>SELLING the call option
you have the OBLIGATION to SELL the shares at the strike price and before the expiration date

>BUYING the put option
you have the RIGHT to SELL the shares at the strike price and before the expiration date
>SELLING the put option
you have the OBLIGATION to BUY the shares at the strike price and before the expiration date

If you can't understand this never touch options. People who understand them have lost all their money fucking them.

>>60691788
omg stop. Options are not just priced by the value of the stock they control, they're also valued by the time they have before expiration, more time more value and they lose that value every day, as well as the volatility of the underlying stock. The more volatile the stock the more likely the option expires in the money and so the more valuable the option. People ignore this last bit all the time. They buy a call, the stock pumps, volatility collapses, and the option is less valuable then when they bought it.

The purpose of options is to hedge risk in stocks/shorts you already own. Look up covered call/put

>>60691901
>UPRO
Yeah at least this is a bullish one, but these ones seem to tend to fucking zero:
>>60691860
Get in at the wrong time and you are now baghold so whats the point? This guy makes it sound as if its easy to make 100 bucks a day, you may end up buying at the wrong moment and now your stack is fucked because due the volatility of these ETFs you tend to think oh I just need to wait and it will go green again, but what if it does not go above your entry point, or it goes but you hold again and it goes down again before you sell and then you are stuck abgholding.
>>60691941
Yeah I have probably saved a lot of money thanks to this feeling like doing homework
>>60691976
Yes I understand the concept of TETHA (time decay)
THE FASTER you get to the price of strike the more money you make

So what you want is to buy calls on stocks that are flat (IV is very low, so contracts are low) and then you get a reasoanble expiration date to buy yourself time to be right, and then you get a reasonable strike price, like 30% above current price. This is all intuition and no math. But I assume this is the best way to go.

AFAIK you can sell options at any time, so the moment you get a pump you sell them and do not gamble (options are agamble in itself, but you get the money while its there)

>>60692452
>AFAIK you can sell options at any time,
what i mean is, no need to even wait to be inside the strike price, you can sell them for a profit under the strike price, if they moved in the right direction enough, and of course you dont need to wait for expiration date

>>60691976
>The purpose of options is to hedge risk in stocks/shorts you already own. Look up covered call/put
this is the boring way, but the point of options is to make a lot of money with some asymetrical trade, like buying leaps on NVDA on a bear market, and then ride it up with the options way in the money, that is how people get rich I think, of course you risk fucking it up if the timming is wrong

>>60691976
>omg stop
The options tranny.

>>60692452
>Get in at the wrong time and you are now baghold so whats the point? This guy makes it sound as if its easy to make 100 bucks a day, you may end up buying at the wrong moment and now your stack is fucked because due the volatility of these ETFs you tend to think oh I just need to wait and it will go green again, but what if it does not go above your entry point, or it goes but you hold again and it goes down again before you sell and then you are stuck abgholding.
you sound like a poor person

>>60691193 (OP)
Thank the lord you are too low IQ for this. If you were a midwit you'd think you're smart enough and lose all your money. Just stop. Seriously.

Buy and hold things you think are valuable. Focus more on market research and less on jewish money tricks.

>>60691193 (OP)
you should definitely trade options bro. do it now. you don't need to go on youtube and learn this shit. just start trading. go with your gut. i'm sure you'll do well if you follow your instincts.
do it. fucking do it.

>>60691193 (OP)
Options are insurance

Anyone who advises against options simply doesn't want you to make it. Its actually safer than buying individual stocks.

On the other hand if you are literally so stupid to not get it, you weren't going to make it anyway.

And stay the FUCK away from 0dtes, they are for pajeets to lose money on.

>>60692813
The irony is that I have more money than anyone in here

>>60692832
>actually safer than buying individual stocks.
This is retarded. You get the timming wrong and your investment is worth 0. Unlikely that your stocks go to 0 unless you are holding some penny stock that could go bankrupt.

>>60693806
Anyone who bought long dated calls is euphoric at the moment, when 2 weeks wipe out 4 months of profit he will piss and shit blood

>>60692826
you can use options in conjunction with market research, it doesn't just mean 0DTE gambling

>>60693826
Thats why I said you are supposed to DUMP the options once the tide goes in your direction, you already profit from the leverage. And I still think doing market timming on leveraged ETFs is retarded unless you are entering after a giga crash on the stock market, and only on something like leveraged NASDAQ not something more exotic, also always long not short.