
069: John Carter – How an Aggressive Trader Thinks, Uses Options and Made $1.4M on a Single Tesla Trade
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Tips for Beginners in Options Trading
The mistake that most novice traders make is they look for cheap options. With options, those out of the money options are designed to expire worthless. So if you buy an in the money option, even though it's quote unquote more expensive, all you got to think of it is this. Instead of buying apple for $100, you're buying an option for $7.
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