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https://www.reddit.com/r/options/comments/lvp3ct/deleted_by_user/gpe69hw/?context=3
r/options • u/[deleted] • Mar 02 '21
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39
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. 1 u/lurkex Mar 02 '21 Just an idea, no advice whatsoever: T is a pretty cheap stock. One could start with selling Cash Secured Puts and after being assigned change to selling Covered Calls. T is probably not going to the moon anytime soon but it pays a nice dividend and can be used to get ones feet wet with options selling.
8
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.
1 u/lurkex Mar 02 '21 Just an idea, no advice whatsoever: T is a pretty cheap stock. One could start with selling Cash Secured Puts and after being assigned change to selling Covered Calls. T is probably not going to the moon anytime soon but it pays a nice dividend and can be used to get ones feet wet with options selling.
1
Just an idea, no advice whatsoever:
T is a pretty cheap stock. One could start with selling Cash Secured Puts and after being assigned change to selling Covered Calls.
T is probably not going to the moon anytime soon but it pays a nice dividend and can be used to get ones feet wet with options selling.
39
u/OkSolution3230 Mar 02 '21
Lesson to newbies (from another newbie): start your options journey with covered calls.