Options Trade: I just entered a new trade. I have also made an adjustment to a current trade. Our SPX trade has given us the opportunity to exit one side of the trade. The other side is still doing well.
So far this month, all three trades are doing very well. And this fourth trade which I added today also looks to be very profitable. This trade is on WMT. Wal-Mart just had earnings last week and the stock is in a well defined range. The volatility of this stock has also been declining meaning that the chances of huge wild fluctuations is declining.
Options Trade: New to Option Selling and Adjustment?
The rewards of options investing can be far greater than the potential gains of buying or selling stock. However, the risks are also greater. For those of us who love the extra challenge of option investing, it is worth every minute of time you spend.
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So make the first step and dedicate some time to learn how to use options the smart way. Got something to share? Please feel free to leave your comments below.