Options are powerful because they can enhance an individual’s portfolio. They do this through added income, protection, and even leverage. Depending on the situation, there is usually an option scenario appropriate for an investor’s goal.
Options can also be used for speculation. Speculation is a wager on future price direction. A speculator might think the price of a stock will go up, perhaps based on fundamental analysis or technical analysis. A speculator might buy the stock or buy a call option on the stock.
today i learned that the necessary prerequisite to earning any income is building a following so that you become the gatekeeper towards the social media community.
if you do succeed to get through the initial hurdle and build a substantial following for your page/group, then the pages often start promoting themselves virally and your time will become free to spend on selling sponsored promotions to your community.
today i learned the terms 'buy', 'call', 'sell', and 'put', also their meanings when trading options on robinhood.
when an option gets exercised, a trader, who is short that option gets assigned, which is called option assignment.
short call trader assigned: a negative share position indicated they've sold or shorted the shares at the strike price.
short put trader assigned: a positive share position indicates they've brought the shares at the strike price.
today i learned about the use of cryptocurrency. cryptocurrency is a digital/virtual that is secured by cryptography which makes it impossible to counterfeit. Many cryptocurrencies use blockchain for managing and recording transactions, wherein multiple entities maintain identical transaction records making it an extremely secure technology for your investments.