Covered Calls vs. Cash-Secured Puts: The Best Strategy for Beginners - Financial Freedom, #208 - E-book - ePub

So, you want to trade options? Be careful; there are many traps on the battlefield we call the options market. An excellent place to start your options trading journey is by selling covered calls and cash-secured puts. However, if you are not careful, you can easily acquire stocks with a high-cost basis. This will put you in a position where you can't trade until the stock price rises. To avoid this trap, you must use technical analysis to acquire shares at the low point in their pricing cycle.  With a bit of planning, you can position yourself to make a good amount of passive income.
The returns can be incredible. Good Luck!