4 ms·

Definitely! If one doesn't know at least 4 greeks (delta, theta, gamma and vega), what is volatility crush, what are credit and debit spreads, one doesn't have

• adabyron 4y ago
  These comments are right on! Options are great, if you take the time to learn about them & spend time making very small bets with them as you learn. If you use them correctly, they can reduce your risk & increase your upside. I've been learning & using them for a few years as kind of a side hobby. My small options portfolio has outperformed my index fund retirement portfolios that I don't touch in good times & bad. I wouldn't recommend them though for anyone who needs to read the above article or anyone who doesn't invest a lot of time learning about options & keeping up to date with the companies they're investing in, the overall market & upcoming events that will adjust the mark. Though I do agree with the article that the goal of options is usually not to get rich but to decrease your downside & possibly add a small amount of income.