Why You Should Never Buy Options - Options Trading Strategies for Beginners and Dummies

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By David Jaffee. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Buying options is a huge mistake. It will cost you A LOT of money.

I received an email from an options trader who was interested in enrolling as a student.

He shared his story about how he lost ~$500,000+ by BUYING options.

Again, buying options is like buying lottery tickets.

You will never be a successful and profitable trader in the stock market by buying stock options.

Instead, it's always better to SELL option premium.

Listen to the advice that I gave this gentleman.

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41 episodes