Get rich quick or risky business? Options trading is accessible but not for everyone

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 39 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 50%

Banks أخبار

Business,Economy,Finance

Options trading has found its place in the do-it-yourself world of young investors, opening possibilities of cashing in on high returns in short order. But it can be a risky game, experts say.

Ritika Dubey, The Canadian PressChris Thom, CEO and portfolio manager at Moat Financial, joins BNN Bloomberg to discuss options investing amid market volatility.

Social media and online commentary have pushed demand for options trading, said Josh Sheluk, portfolio manager at Verecan Capital Management. For example, if an individual stock is trading at $50 per share, an investor can buy a call option for $55 — predicting the stock will go up five dollars within a period of time, Sheluk said.

“The pricing and cost of options trading has come down quite significantly over the years,” said Sheluk. “These digital-only platforms have made it much more cost-effective.” Bilaal Dhalech, a finance content creator and self-taught options trader, suggests investors educate themselves and learn about the risks.“There’s still risk,” he said. “But for most people, that risk is not a lot because it is not a lot of money.”

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 83. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

BlackBerry exploring options for Cylance businessIn an investor day presentation, the company said it was looking to redirect spending to high-growth areas from Cylance, which requires significant levels of...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »