Congrats. Btw, I was making a snide joke when I said: Don't worry... with a little luck you'll get the punchline in a few years.
Lol, yeah... it's easy to do either. The true difficulty happens when it comes time to somehow combine the acts and show a consistent profit. I find it's easiest to buy them as a sort of tribute and gratitude for the privilege of selling them. That way, hopefully, you never actually NEED to buy them; they'll just be there to save your ass instead.
Yes. I am retired, receive pensions, doing the day trades mainly to occupy my time and keep my brain engaged. I can use the extra money but I do not need it as I have other assets. Whatever I take an interest in, I am able to immerse myself since I have lots of time for things like reading. I spent six months learning about Options, found an old system that works for me, a method to choose stocks and research strike price. After a couple of years day trading experience, I conclude that Options are easier. Perhaps I should have said that they are easier for me, since I have no idea what the rest of you would consider as easy. I also concluded they are more profitable based on my results. Anyway, to anyone who is on the fence on Options, I highly recommend that you go for it.
You actually did cause me to worry that I wouldn't be able to get out of the Options contract. I am in my sixties so I don't know how many years I have left to get a punchline, but thank you anyway for your attempt at humor.
I think what they were saying is there could/will come a time, when you will not be able to close/unwind your positions. The underlying stock drops or rises 50%...The market makers and institutions (everyone) jumps in front of you...