My first time doing something like this. After what happened to FB last week, I have high hopes!
(media.greatawakening.win)
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Nice trade! Just watch out on your margins as the market is 100% manipulated. You can keep rolling the trade and collecting the premiums as well.
This is my first options trade, so complete rookie. I am assuming that buying a PUT option has no margins right? Just risking whatever you spent on the options hoping for the stock to tumble .. and if it doesnt, I lose whatever I spent.
I know that selling options has huge risks, and I am not gonna do that anytime soon lol.
Yeah buying puts typically doesn't involve margin. I have some trades where I sell puts but I'm pretty risk averse and I make sure I can withstand a 50% drop in price with the reserve requirements.
Yeah my account does not have an option for selling PUTs or naked CALLs. Probably a good thing lol.
However the youtuber Greg Mannarino keeps suggesting selling PUT instead of buying stocks directly.