Replies to post #27482 on Option Millionaires

[stockmania98732]

what if i wanted to invest in an option of a comapany i think will go down. can i make money like that?

[VERITAS77]

keep it simple.

Trade options first

and...

worry about CONVERSION later.

Its likely you will not have/ or would not plop down 100 xs you BUYING POWER..
Just to get a "3% divi" etc, whatever, from holding 100 share positions.
=======

Now if you get good, you can SCALP WEEKLY...with options
then..

Invest in a share a two with profits for the UNDERLYING ASSET/STOCK.

Like investing: 350 bucks in apple...if the option doubled for you..

you could HOLD (1) SECURITY at that price and then...

REINVEST the 350 into other/options to have CASH FLOW STEADY.
WHile invested semi safe in the non expiring asset. per say.

VERITAS77