MOST PEOPLE DO OPTIONS SO BACKWARDS IT'S INSANE...


They open the options chain.
They look for the biggest premium.
Then they try to justify the company after.
That is completely backwards...
I do not care if the premium is juicy if it's a bad company/bad valuation.
I do not care if the trade looks safe if the potential assignment would get my risk management ratios out of whack.
The company comes first.
The valuation comes second.
The premium comes last.
That one shift alone would save people from so many horrible trades.
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