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Investing in Options

Several years ago Srinivas (Samhita and Anagha's father) told me he traded in options. I don't know what type of options he did because I had very little knowledge about options. I had heard of calls and puts but I had no clue what they meant.

Fast forward several years, I am fascinated by options trading. I just began education and investing in options in a very conservative manner. I applied for and got only Level 1 options trading which limits me to essentially write covered calls. This is fine with me since this is (1) conservative, and (2) allows me to build knowledge. Writing calls seems like an excellent way to add regular income.

So far I have only sold four calls but have begun serious homework to extend to most of my individual stock holdings and ETFs. This is exciting. I admire Srinivas's keen financial acumen to figure out how he could use his time to trade options to increase his income.

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