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[quote=Anonymous]Anytime I see a posting asking about option advice, the same two responses pop up: 1) don’t touch them because you will lose everything, or 2) it’s really, really complicated, so read these dozen theoretical/classic books and work on it for ten years. While there’s a grain of truth to both suggestions, you could say the same about almost any risky investment, including stocks. The sad reality is there are few (if any) books that tell you how to trade options profitably. I have experimented with options and found a way that works for me, but I’m reluctant to share my recipe. Some people find that covered calls are a relatively straightforward and low risk way of using options to enhance their return. If you go this route, learn how to “roll” the call, because at some point you will need to. [/quote]
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