Options Archives - Learn Wealth Wise

29Aug 2020 by beatytc No Comments

How to Get Approved for Options Trading – With Pictures!

Stock options are excellent tools that can boost investment returns, limit risk, and generate income. To use these tools, you must be approved for options trading by your brokerage. In this article, we will walk you through applying for options privileges with TD-Ameritrade and Robinhood [This is a referral link, if you sign up through this link we both get a free stock worth $3-$150!]. The overall process will be similar for any broker, but specifics may differ. What you will learn: Gaining options privileges at Robinhood through mobile or desktopGaining options privileges at TD-Ameritrade Robinhood 1. After signing into your account, you need to get to your investing settings. On a browser, you do this by clicking on 'Account' in the top right corner and then 'Settings.' A. On…

07May 2020 by beatytc No Comments

Making Money With Options

Investing, Options

Yes, you CAN get paid to wait! This is the third in a series of posts on options. This series will help you to understand options contracts, their strengths, weaknesses, and risks. Most importantly, this series will make you a more successful investor. To go to the first post on options, click here. Before we get into the meat of learning options trading, I want to whet your appetite with another example of how options trading can boost your investing returns. It is totally possible to earn income on stocks you already own or you want to own in the future. Take a look at this chart for the microchip company Micron Technology: Micron Stock Price from January 2017 to April 2020 As you can see, Micron has had quite…

06Apr 2020 by beatytc No Comments

How Options Protect and Pay You

Investing, Options

This is the second in a series of posts on options. This series will help you to understand options contracts, their strengths and weaknesses, and risks. Most importantly, this series will make you a more successful investor.Click Here to start at the first post on options. A Simple Example An options contract is simply an agreement between two people. The best options contracts to enter are those which are mutually beneficial. Let's take a look at this example. Scenario, Mary and Joe Mary holds 100 shares of Berkshire Hathaway (BRK.B). She bought these shares for $100 each. Now they are selling for $250 each. Mary is pleased with the increase in the value of her shares and she doesn't want to sell them because she feels they will continue to…

04Apr 2020 by beatytc No Comments

How to Boost Your Investing Returns – Introduction to Options

Investing, Options

This is the first in a series of posts on options. This series will help you to understand options contracts, their strengths and weaknesses, and risks. Most importantly, this series will make you a more successful investor. How Do You Make Money in the Stock Market? According to Gallup, a majority of Americans have money in the Stock Market, largely driven by employer based retirement plans. Investing in this way is highly dependent on the continued growth of the American economy. While it is possible to make money in a down market, the majority of mutual funds and ETFs will not. Did you know there is a way to make money in the Stock Market whether or not it's rising, sinking, or even going sideways?Now that's OPTIONS! Wait, don't click…