What are the best stocks to trade options in?
I'm looking for stock option ideas. My criteria: good underlying stock that is undervalued, good stock and option volume, and stocks that are in a favored sector right now. I already have CSCO call options and expect them to go up this fall. Thanks for your ideas!
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Answer by Rupert W
If you are asking that question in this forum then you shouldn't be trading options. They are highly leveraged investments that can swing against you and wipe you out if you don't know what you are doing and it sounds like you don't.
I know it sounds glam and lucrative but when you have lost all of your money think back about whether you really knew the risks that you were taking.
The best and only idea you need is to bail out now before it gets messy.
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