Start trading options without risking a penny

After 20+ years of trading options, I've found it isn't worth buying a certain type of options. After 20+ years of trading options, I've found it isn't worth buying a certain type of options. Wealth Daily: Fortune Favors the Bold [Wealth Daily logo] The message below comes from our friends at Investors Alley. The content may not necessarily reflect our views, however we think you'll be interested in what they have to say. Brian Hicks, Publisher of Wealth Daily --------------------------------------------------------------- Dear Reader, After 20+ years of trading options, I've found it isn't worth buying a certain type of options. If you've lost money with options before, this might be something you're familiar with. If you're new to options and have never bought a contract, this is advice to follow. For many of the most volatile stocks out there (the Amazon's, Tesla's) etc., they already trade at a high price. But, because of their volatile nature, they also trade for a high premium. A high premium = how much it costs to buy/sell an option. As Amazon is about to break out to new highs, an option expiring in a couple weeks costs $77 (at the money). [AMZA]( Don't trade these options... [trade these instead]( $77 = $7,700 per contract. For you to even breakeven on the trade, Amazon would need to go up $154 in share price in the next 24 days. Sure, it could happen... but it could also only happen for 5 minutes before pulling back. Which means, to successfully trade these options, you'd need to watch the trade like a hawk. - That's stressful - That's a lot of money in hopes of a large move - It's an inefficient use of your time and money If the option only goes up $153, your option expires worthless, $7,700 vanish. That doesn't make sense, and it's really why options get a bad name. [Instead, I recommend buying a different kind of option. See what I mean here.]( P.S. If you're skeptical of options because you've accidentally made trades like this, don't sweat it. Instead, [let me show you how to trade options with less risk and less watching charts.]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Wealth Daily, please add newsletter@wealthdaily.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. Wealth Daily, Copyright © 2021, Angel Publishing LLC. All rights reserved. 3 E Read Street, Baltimore, MD 21202. Your privacy is important to us – we will never rent or sell your e-mail or personal information. Please read our [Privacy Policy](. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment advice. Read our [Details and Disclosures.](