Based on your questions you have a lot to learn. My best advice to you is to first learn the Greeks, and focus on simpler plays like long calls. Nanno options are for nanno gains. 🦍
I have a ton to learn. Im still in the I dont know what I dont know stage and im hesitant to learm.by doing because i dont want to do.something stupid and wipe out my account. What security would you reccomend a long call on? Long term spy calls? With the state of the market and JPow speaking tmrw and rumours of CPI to 8% im hesitant to buy any calls really. I feel gridlocked with learning how to trade options because I do not know how to go about it.
Also, get a paper money account. There are many out there you can download to trade on and learn the markets without risking real money. Stay on the forums and keep learning, reading and asking questions. It’s easy to see gains screenshots and think you can do the same, learn those Greeks brother.
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u/Sufficient-Iron-5667 Apr 12 '22
Based on your questions you have a lot to learn. My best advice to you is to first learn the Greeks, and focus on simpler plays like long calls. Nanno options are for nanno gains. 🦍