The article in question is this, it’s a life cycle strategy that recommends young people buy very in the money - around 90-95 delta options 1-2 years out and roll them every quarter as a way to leverage up on stocks while young.
Is this even a viable strategy? I don’t know a whole lot about options but the one option I bought for 6 months out on SMTX 7.5C 6/18 dropped to 1.00 today and I still don’t know why. I like the idea of leveraging myself while still fairly young but debt seems like a better way than using options. But I guess I just don’t know enough about options.
Submitted December 02, 2020 at 11:42PM by InconsiderateTlingit https://ift.tt/39B8gC0
