Making a transition to options may seem daunting due to perceived complexity.
In the segment today, Tom and Tony look at two strategies that are easy to implement and have less risk than buying 100+ shares of stock.
Specifically, they look at:
The, which limits the profit potential of a long stock position in exchange for a premium.
The Cashed Secured, which collects premium each month while eventually purchasing 100 shares at the strike price that was sold.
If you are new to options or looking to refresh on these classic strategies, this is definitely a segment you do not want to miss!