Summary:
In the search for strategies to earn income with the lowest possible risks, we look to David Jaffee, who has been involved in options trading for ten years. By selling options, you can sell options for some of the biggest companies in the world and earn a premium that earns money and reduces risk. Tune in to hear tips from an experts and find out about how you can get involved.
Highlights:
-We’re always looking for strategies to earn income with the lowest possible risks
-David Jaffee has been trading options for 10 years, and a lot of people ask for help navigating options trading
-By selling options, you turn yourself into a casino/insurance company and have the ability to sell options of the biggest companies in the world
-You have the potential to earn premium and keep repeating the process/reduce risk
-If a trade gets challenged, Jaffe assumes that it’s oversold
-It can be instructional to look at some of the losing trades—Jaffe describes one he experienced with PayPal
-The actual move in a stock can sometimes exceed the expected move, and this is when option sellers get hurt
-It is always best to trade low
-The minimum you need to start selling options is typically $2000, as recommended by Jaffee
Useful Links:
Financial Survival Network
Best Stock Strategy
Best Stock Strategy YouTube