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From $0 To Millionaire | Investing For Beginners with Dumb Money
The Iced Coffee Hour
You Can Hed Your Positions With Options
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You can do so much more with options that you can't do when just buying common stock. So like if I wanted to sell this at market right now, it's in 98.39. I could just hit sell and sell it for 98.39 or I can write a covered call for 98. And then I would be selling it 98, but then I would also be getting this $1.89. You're going to get an extra $4,000 because you did this instead of just hitting the sell button.
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