just a bit SE of St Paul MN | you should educate yourself before doing anything whether it is in futures or options. If you buy options you have quantified your loss to the amount of premium you paid. The person selling them to you should only be making a commission just as if they were selling you a futures contract. You can use options to hedge by setting floors or ceilings or to just speculate. You can sell options to collect the premium but you then have potentially unlimited exposure. Do your research, be smart, be safe. |
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