Options starting capital

Start with covered call on existing position. Which requires no capital and of course you will have to give up your shares if the stock raises. Otherwise you are making some premium income.

As you get comfortable with that then we can talk about specific strategies.

On the capital, you may want to think how much % of age my investing assets I want to allocate for option trading, rather than a fixed amount.

Why $10K may be a reasonable amount for someone with $1 M assets, it is a a lot of capital for someone with $20K total assets.

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