At the end of 2017, I decided to foray into US Options. I believe I needed to learn more to find another form of income.
Before I got my hands dirty, I started to read more books about Value Investing and Options. I got myself into a mentorship program as well. Next, I decided to open another trading platform – TD Ameritrade.
I am starting small since I am still considered a noob. I will simply just be selling call or put options:
Selling a Call Option – I have an obligation to deliver the stock at a predetermined price to the option buyer. Selling a Put Option – I have an obligation to buy the stock at a predetermined price if the buyer of the put option wants to sell it to me.
Both the above options would allow me to receive an option premium (an income received by me by selling an …