Apply for options trading with your broker, usually done online and granted immediately.
Take a couple of courses on options trading. Free on youtube.
Sell cash covered puts on GME stocks below current stock price or with a hefty premium. If exercised, turn around and sell share covered calls above your share cost. Repeat forever.
It's a lot more involved than that as far as picking the right prices and dates of expiration but that's the gist off it.
I have a lot better luck with DJT stock options with an eye towards accumulating as many as feasible and it pays all my bills and then some. Just got lucky with some cash covered calls and puts with GME this week.
28.40 AH. If this keeps up I've got some January puts to close tomorrow.
How does one run options on this, exactly?
Apply for options trading with your broker, usually done online and granted immediately.
Take a couple of courses on options trading. Free on youtube.
Sell cash covered puts on GME stocks below current stock price or with a hefty premium. If exercised, turn around and sell share covered calls above your share cost. Repeat forever.
It's a lot more involved than that as far as picking the right prices and dates of expiration but that's the gist off it.
I have a lot better luck with DJT stock options with an eye towards accumulating as many as feasible and it pays all my bills and then some. Just got lucky with some cash covered calls and puts with GME this week.