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#Options So this past Friday I finally dipped my toes into options and sold my first two contracts for covered calls. I personally am risk averse and thought options a little too complicated, risky, and time consuming to bother with and so I mostly ignored this form of trading. In hindsight, I probably was wrong and didn't realize there were less risky ways for trading options such as level 1 options w/ covered calls. This strategy for me fits in with my bias towards long term investing. That being said, I certainly would not recommend this to a brand new investor - first get comfortable w/ the stock market before delving into options. Not sure where this journey will take me, but I figured I would share with the community some of the resources I have used and found helpful. Maybe after a month under my belt I might write a paper post. At the very least reading and understanding an options chain will help me get a better sense of how investors see a particular stock moving. What is Options Trading: https://www.youtube.com/watch?v=qifKJOAAE6k&list=PLn0fZqMvSiYCjqEeIxlz7QZbMl7kOwMpt&index=8 @andreijikh's video: https://www.youtube.com/watch?v=eCEHzyCTDd8 Covered Call Book: https://amzn.to/3jpCFag (helpful if covered calls is of interest) Options Trading Crash Course: https://amzn.to/3jpCFag (basic, short read) Beginner Course: https://optionalpha.com/courses/beginner-course (haven't used this yet)
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