Quote:
Originally Posted by RubberSponge
Don't worry about the money you didn't make. I scoped out NVDA 6 months ago and didn't put in a dime. Dumb. Have to move on.
I try to stay away from long options as much as I can. I am not a big fan of having a significant amount of money tied up for a long period of time without a dividend. Having said that, they definitely have there place to make money. Been looking long call options on MU at 25 but have not pulled the trigger.
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What I like about some longer term options is when I'm certain a stock is ready for a move up but timing is suspect. So if I can buy an option on a high priced stock and get some decent leverage, I'll buy 5-10 of them.