Stock options are ONLY a tool to magnify something.


The problem?
Most people use them blind and magnify things that don't deserve to be magnified.
You first need to start from square one & know if you are bullish or bearish.
Then flow through the "options hierarchy" to magnify based on how strong your conviction is.
Bullish flow:
1. Buy shares
2. Sell portfolio secured puts
3. Buy calls
Bearish flow:
1. Sell shares
2. Sell calls
3. Buy puts
Always keep ratios in check so one bad trade does not wipe you out.
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