options trading

Feb 26, 2020 29 Comments

For people who do options trading - have you guys been consistently profitable over stock market investing?
What has been your best, worst and average returns over the years of options trading?

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TOP 29 Comments
  • Nutanix
    Nhws64

    Go to company page Nutanix

    Nhws64
    Iโ€™ve had pretty good results. 30%+ years and am up currently 80% over the last 6 months in a mid 6 figure account. Gotta be able to trade both up and down and have really good risk management, position sizing and profit taking controls. Assume the worst and that youโ€™ll always be wrong. Cut losses early and let winners run. You might lose out on 70% of trades depending on strategy. Paper trade and practice your strategy first. But donโ€™t expect IRL results to be exactly the same as paper trading. IRL up 80% but my paper account is up 300% into mid 7 figures. Follow your rules.
    Feb 26, 2020 4
  • Lost more money than I've made. I've seen 200% gains and -100% losses. It's just an expensive hobby for me
    Feb 26, 2020 0
  • Google
    compute๐Ÿ˜Ž

    Go to company page Google

    compute๐Ÿ˜Ž
    Beginner. Tripled my investment this past week thanks to corona.
    Before that has been v hit and miss.
    I generally buy Puts. I'm also a bit risk averse so tend to sell quickly when I make a profit. Would've made a killing once when I bought Lyft Puts if I had held them just two more days. But sold after 50% ROI.
    At least half a dozen times my Puts have expired worthless.
    In general have made more money than I have lost.
    Feb 26, 2020 1
  • Lyft
    Daav60

    Go to company page Lyft

    Daav60
    Option is just a leverage, not a strategy. If you can make money otherwise, it will just magnify it and vice versa.
    Feb 26, 2020 1
    • E*Trade / Finance
      cbEV72

      Go to company page E*Trade Finance

      cbEV72
      Itโ€™s leverage but not just leverage. It is a derivative and has a non linear payoff. Many traders donโ€™t appreciate these differences and get burned
      Feb 26, 2020
  • Twitter
    bobs๐Ÿ‘ฉโ€๐Ÿ‘ฉโ€๐Ÿ‘ฆ

    Go to company page Twitter

    bobs๐Ÿ‘ฉโ€๐Ÿ‘ฉโ€๐Ÿ‘ฆ
    No one here has consistently made money on options trading for more than 2 years. Let alone 10.

    Trading options is akin to gambling.
    Unless you have inside information.

    All these retail traders are trading off public information. vs professionals on wall st who have way more resources at their disposal. Guess who wins in the end?
    Feb 26, 2020 0