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Wealth Building with Options
Dan Passarelli | Substack
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Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Options (ODD) which can be obtained from your broker; by emailing investorservices@theocc.com; or from The Options Clearing Corporation, 125 S. Franklin St., Suite 1200, Chicago, IL 60606. The content on this site is intended to be educational and/or informative in nature. No statement on this site is intended to be a recommendation or solicitation to buy or sell any security or to provide trading or investment advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions.
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
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One Response
Good work, Dan, on the LEAPs. LEAPs are an excellent way to make money in Options and a lot of people don’t even talk about or know them. I have never lost money buying LEAPs in any of the Magnificent 7 stocks and more! Stocks like AVGO, KLAC, NFLX, BKNG, MSFT, GS, META, NVDA, GOOGL, etc are excellent stocks to buy LEAPs on. You can take it to the bank and thank me later!