In this video, I talk about how to choose call options so you have a better chance of lowering your risk and not letting your options expire worthless.
Save this video for later since it is one of my longer ones.
For me, I like to choose LEAPS call options that have:
1. More than 365 days until expiration (around 500-600 days) 2. Are in-the-money (around a delta 0.60-0.80) 3. Have an underlying stock that is trending upwards (follow CTL guidelines)
Always be safe with trading options since they are LEVERAGED! Each contract controls 100 shares.
If you're a beginner, it's totally okay to stick with long-term investing first, like investing in low-cost S&P500 index funds/ETFs.
None of this is financial advice so make sure to always do your due diligence when you're building your portfolio.
