Good perspective from Jackcrow! A few other comments:1. Might want to read this WSJ article:http://www.nytimes.com/2013/05/25/business/growth-in-options...While relatively little research has been done on the success ordinary investors have in trading options, analysis done for The New York Times by SigFig, a company that tracks 200,000 retail investors, showed that people who traded options last year received only about one-fifth the returns of people who did not trade options: 1.1 percent compared to 5.1 percent.You're swimming in an investment pool where EVERYONE else is probably smarter than you. What makes you not want to invest in the underlying ETFs or mutual funds that hopefully you understand better.2. You might want to try some of the free education programs at the Chicago Board of Options Exchange: http://www.cboe.com/AboutCBOE/Corporate.aspxInvestopedia has some material.http://www.investopedia.com/university/options/option.aspMotley Fool has an Options Newsletter/Service with education involved too. The first month is free.http://newsletters.fool.com/50/?source=ipesittph00000023. Unless you have been studying and buying/selling equities with success for years, my personal opinion is that I'd advise against options. BobRYR Home Fool
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