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I'm new to Options, though I've traded stocks in the past.
I believe the stock market is going to take a big hit and therefore will buy DXD stock. I would like to buy with options, but would I be limiting myself too great by doing this? Or, should I just buy the stock and when it goes up just sell?
Can you help answer these questions from other members on NexusFi?
You have to explain what you mean by "buy the stock with options". You want to buy the options INSTEAD of the stock? Or you want to buy options, and if they go in the money, you will be ASSIGNED shares in the stock?
It depends on so many things...amount of capital in account, how much you are willing to risk, the price and implied volatility of the options, before you can even start to think about taking a trade. Options are sexy and exciting but they are also 3x more complicated than just trading the underlying instrument so if you're not familiar with all of those intricacies trading options will most likely hurt you more than help you.