I totally agree that developers should trade stocks and options.
Add options to stock you can almost always win. There is two ways to get your feet wet with options:
Selling PUT options to buy stock cheap. For example, a few months ago I sold a contract to buy AAL (American Airline) which is a commitment to buy AAL at $12.00. For that commitment, I was paid $2.90 per share. If the option expires with the over $12, then I keep the $2.90 and the agreement is over. However, if it is below $12, then I have to buy it for $12, but I still keep the $2.90. So I have really only paid $9.10 per share.
Now you own AAL at $12 per share, I can either hang on to it or sell a call option where I commented to sell my contracted shares for $12. For this, I will be paid $2.25 per share. I made a profit of about nearly 43% in a few months.
Options have a lot of strategies, but this is fairly easy.
Option strategies are kind of like programming. A lot of what-ifs, with lots of ways to fix broken trades.
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I totally agree that developers should trade stocks and options.
Add options to stock you can almost always win. There is two ways to get your feet wet with options:
Selling PUT options to buy stock cheap. For example, a few months ago I sold a contract to buy AAL (American Airline) which is a commitment to buy AAL at $12.00. For that commitment, I was paid $2.90 per share. If the option expires with the over $12, then I keep the $2.90 and the agreement is over. However, if it is below $12, then I have to buy it for $12, but I still keep the $2.90. So I have really only paid $9.10 per share.
Now you own AAL at $12 per share, I can either hang on to it or sell a call option where I commented to sell my contracted shares for $12. For this, I will be paid $2.25 per share. I made a profit of about nearly 43% in a few months.
Options have a lot of strategies, but this is fairly easy.
Option strategies are kind of like programming. A lot of what-ifs, with lots of ways to fix broken trades.