Call vs Put Options: What’s the Difference?

I always put a stop loss on the stocks. I am not too much of a gambler. I enjoy SOFI, though.

i love sofi

Buying calls or put options without putting a stoploss on them is dangerous gambling. A spread is a defined risk play and you can only lose what you paid for the spread. Naked calls or puts are risky and you can lose all your money or have to buy 100 shares of the underlying stock if you don’t close out your position. When you buy a spread such as a vertical, calendar, diagonal, etc.. you can roll your spread over for a fee to the following week. Buying a spread off sets the price by selling one option and buying the other. The two contracts are tied together defining your risk and your reward.

I use Think or Swim, TradeStation and Interactive brokers to trade on. They have the best educational resources and options spreads, verticals, calendars, diagonals, and more. Futures, Forex, and Global Markets.

Sofi has very low volumes on options... No Bueno.

Nice

Thanks

POV: You misclcked “again”

Options coming soon? 👀