100% this and if you really wanna go in-depth buy Options as a Strategic Investment. I highly recommend looking into covered calls and CSPs to start and generate capital if you do it right. Look into Theta decay, Implied Volatility, understand the impact the VIX will have on the pricing of your options.
I would recommend essentially creating a large holding of shares or cash which you sell options with. Eventually if your doing it right you will have cash flowing in and with that cash you can start doing crazy yolos, losing it, and posting it here so people like me can enjoy the loss porn. Safe travels regard.
RevengeoftheCuck t1_jdo3lrw wrote
Reply to comment by papi6942069 in GoatAcademy to learn how to trade Options. Are they legit? by [deleted]
100% this and if you really wanna go in-depth buy Options as a Strategic Investment. I highly recommend looking into covered calls and CSPs to start and generate capital if you do it right. Look into Theta decay, Implied Volatility, understand the impact the VIX will have on the pricing of your options.
I would recommend essentially creating a large holding of shares or cash which you sell options with. Eventually if your doing it right you will have cash flowing in and with that cash you can start doing crazy yolos, losing it, and posting it here so people like me can enjoy the loss porn. Safe travels regard.