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Old 09-26-2022, 10:22am   #19
Frankie the Fink
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Options are not for the novice, you can lose your ENTIRE investment and the fluctuations are gut-wrenching....and there are a LOT of vatiables involved...strike date, covered options, expiration, etc..

Remember SLY (Safety, Liquidity and Yield), if you want to blow $1,500 or so on option play or two you can give it a try, but do it as a lark, not to build a nest egg...

Finally, if some internet huckster is promising to make you a small fortune, make sure you start with a large fortune...
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