The jist is, you get way more upside, with a controlled amount of downside.. alot more volatility.
Also, writing your own options is very cool if you’re long on a stock.. Look up ‘writing covered calls’. It’s a great way to make money on stocks you’re holding long on. You sell someone an option to buy your stock at a price that’s higher than what you bought at or around what you would be willing to sell it for at a particular future date.. What it comes down to with covered calls, you are guaranteed to make money on the call you write, your only downside is opportunity cost if the stock were to somehow double or something you’d lose out on whatever the stock price did above the call you wrote.
I hope I’m not consufing anyone reading this.. I’m just trying to give a summary so you can guage interest and then go read the specfics from someone who is a good writer.
