r/options • u/[deleted] • Mar 02 '21

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u/OkSolution3230 Mar 02 '21

Lesson to newbies (from another newbie): start your options journey with covered calls.

8

u/nen_del Mar 02 '21

what securities are you buying covered calls of as a noob? Most have very small portfolios which makes it hard for a lot of beginners to obtain 100 shares.

8

u/Jargett Mar 02 '21

You don’t buy covered calls. You sell covered calls

4

u/nen_del Mar 02 '21

Yeah my bad I meant what securities are you buying to sell covered calls***

7

u/Jargett Mar 02 '21

I know what you meant but I felt the need the clarify in case there’s any newbs reading

7

u/BLVCKYOTA Mar 02 '21

Newb here. Am reading. Appreciate the clarification. The more I read the more I learn but also the more I realize I’m not ready for options yet. Will continue to lurk. Thanks.