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8/31/2023 - NEoWave Staff

Are you considering trading Options? Here are some potential benefits

Backed by decades of real-world trading experience, Glenn Neely (creator of NEELY RIVER Trading technology) has investigated a wide variety of trading options. In fact, "trading Options" is on that list! As with any trading strategy, there are pros and cons. But if you are considering Options, here is a bit of insight into some potential benefits.

A QUICK TAKE:
Glenn Neely's brief thoughts on the subject of trading Options

What are the potential benefits to trading Options?

When you buy Options, they can provide the best of both worlds in the investment business: limited risk with unlimited potential.
Trading Options can enable you to reduce risk and lock-in profits during sideways and choppy markets.
To create a profitable long-term portfolio, you want to let your profits run and cut your losses short. Trading Options can help you do this.
With Options, your profit potential can be greater – you can lock-in more profit. Plus, it gives you much more buffer on the downside. In short, the market can drop, and you'll still make money.
A lot of traders try to make as much money as possible, and they forget about the risks they're taking. My goal – which should be the goal of any professional trader – is that return OF your capital is more important than return ON your capital. In other words, you always want to try to get your money back first and then everything else is, as they say in Louisiana, lagniappe. It's extra. Writing premium on Options increases your chances of getting your money back first.