Option Millionaires

[Mikey]

Video:QUESTIONS FROM NEW TRADERS REGARDING OPTIONS:

If we could ask all the more experienced traders to assist in answering these questions........WHAT has worked for you? Please reply to this post....thanks!



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1- When choosing a stock price to enter call or put, how do you calculate risks vs reward?

2- When choosing an option what tools help you determine whether to buy a put or call option?

3- What's the most important thing to consider when buying an option?

4- As your expiry nears closer, is it wise to wait till the day of the expiry or what?

5- How do you find your picks?

6- What are some tools that is a must for an options trader to have?
7- What indicators are most important in charts for options?

8- What is the reason for stocks gapping up or down pre market?

9- How often do those gaps come back to get filled in the options arena?

10- What are ERs?

11- How do you average down on options?

12- Is there a way to extend your expiry date on options?
13- How do you decide which strike price to go in at when buying an option?

14- How do you decide which week of expiry to buy your option?
15-How long should I paper trade before trying the real thing?