How to get started investing and option trading by Aristotle Varner Jr


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20 thoughts on “How to get started investing and option trading by Aristotle Varner Jr

  1. Broooo, this is soo oversimplified and misleading. A call is the right but not the obligation to buy a stock at a certain price. A put is the right but not the obligation to sell a stock at a certain price. The contract you are buying is for 100 shares which is why the premium(which he doesn’t really explain) is multiplied by 100. So if you buy a call for a stock with a strike of $100 and a premium of $2, you need the stock to go over $102 to make a profit. However, the kicker if you don’t sell the contract early is that you still have to have the cash to buy the stocks in either case in order to realize the profit. There is also the concept of theta decay which is the idea that your options become less valuable as there is more certainty and less time until your contract expires. So please don’t buy a bunch of options contracts thinking you’ll make money. You’ll make and lose a lot but until you gain some experience, you’ll lose a lot more than you make

  2. I see you in and out sometimes scalping a day trade option in mins in your lives. How do you do that when you buy contracts for three or four days? If I buy a call contract on Monday, can I sell it that Monday within seconds or mins?

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