
SYMBOL
IWM
PUT
TRADE TYPE
▲ Buy
Close position
STRIKE
🔒 ???
EXPIRATION
🔒 ???
QUANTITY
🔒 ???
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We have received a lot of feedback from members, indicating that due to the smaller capital amounts, many strategies are difficult to follow, making it hard to truly experience the entire process of options trading. To better align with everyone's actual trading situation, starting in August, I will adjust my personal account holdings from QQQ to XLF. This way, the margin required for 1 contract of options will only be a little over a thousand dollars, which will be much friendlier for those with smaller capital and will also make it easier for everyone to practice and learn together. I hope this adjustment can help more members enter the world of options.
Technology stocks are quite eye-catching, and everyone's attention is more focused there, but financial stocks have also performed quite strongly this year, mainly due to a good economy and regulatory easing, which provides strong certainty for growth. The returns will not be worse than QQQ.
The initial capital is $100,000.