To The Moon

Hey everyone, let's talk about a classic options strategy often called "buy-write" or simply selling Covered Calls. If you've ever felt like your stocks are just sitting in your portfolio, this strategy can be a way to put them to work and generate income. It's one of the most reliable and beginner-friendly ways to dip your toes into the world of options. To help you master such strategies, Tiger Brokers offers the "OPTIONS HANDBOOK-From Beginner to Pro" – your ultimate guide to navigating options with confidence.At its heart, think of a Covered Call like collecting rent on a house you own.You believe in your property's long-term value, but you don't expect its price to double next month. So, you rent it out, collecting monthly checks for as long as you own it. A Covered Call does the same

The Wheel Strategy makes the most of your time and is a favorite among many seasoned traders. Whether the market is going up or down, this strategy lets you generate steady cash flow by continuously selling options. If you want to give it a try, The Options Handbook sums up 4 key rules and potential risks for the Wheel Strategy! ▶ Recap: The Wheel Strategy The core idea: sell puts to collect premium, buy the stock if assigned, then sell covered calls and repeat the cycle. The previous post goes into the Wheel Strategy steps in detail. Feel free to check it out if you’re curious—we’ll keep it brief here.🙂 ▶ 4 Rules to Help You Pick Stocks 🎯 Picking the right stocks is crucial if you want your wheel

Unlike stocks that only profit from one direction, options shine because of their combination power. The Wheel Strategy is the perfect example of this. If you’re looking for steady income while holding good stocks long term, the Wheel Strategy could be just what you need. The Options Handbook is where this smart little strategy gets its spotlight! (Don’t miss the mini events at the end. 🎁) ▶ What is the Wheel Strategy? 🔄 The core idea is simple: First, you sell put options for instant income. If you end up buying the shares, no worries, just flip and sell covered calls for more cash. Then simply keep the wheel spinning. Easy, clever, and oddly satisfying. You can generate income again and again. ▶

While LEAPS Calls offer advantages like higher capital efficiency and controlled risk compared to buying stocks directly, they are not a risk-free strategy. Factors such as time decay and IV all need to be taken into account. Don’t worry about memorizing everything—The Options Handbook has got you covered on the risks and key considerations for LEAPS Calls! (Don’t miss the mini events at the end! 🎁) ▶ Risks and What to Watch Out For Time Decay: Even though LEAPS lose value slowly, if the stock doesn't rise, your option can still shrink. Expiration Decisions: If your LEAPS call is "in the money" at expiration, you'll have to decide: exercise it, sell it, or potentially buy the stock. Volatilit

If you’re bullish on a stock’s long-term potential but don’t want to commit a lot of capital to buy shares outright, holding LEAPS Call options can be a more flexible and efficient alternative. Are LEAPS Calls right for you? And how do you pick the one that fits you best? The Options Handbook has the answers! (Don’t miss the mini challenge at the end! 🎁) ▶ What is a LEAPS Call? 📜 A LEAPS Call is a long-term option with an expiration date of more than one year—sometimes even over two years. In plain English, a LEAPS call lets you control the upside potential of a stock with less capital compared to buying shares directly. ▶ Who Is It For? 🤔 Investors who believe in a stock long-term but want to kee

If you’re bullish on a stock for the long run but don’t want to commit a big chunk of capital upfront, is there a smarter way to join the upside?🤔 Absolutely. The Options Handbook introduces the LEAPS Call strategy, which might be just what you need! ▶ What is a LEAPS Call? LEAPS (Long-Term Equity Anticipation Securities) are just what they sound like: stock options with a long runway, typically expiring more than a year out, sometimes two years or even longer. For example, in 2025, you could buy a LEAPS option that expires in January 2027. In plain English, a LEAPS call lets you control a stock's upside for a fraction of the price, instead of coughing up the full amount to buy shares outright. ▶

For traders who have a clear view of market direction but don’t want to take on too much risk, the vertical spread is a smart options strategy. It lowers costs and manages risk—but there are still key points to keep in mind to make sure everything goes smoothly. This chapter from The Options Handbook highlights 9 essentials about vertical spreads! (Don’t miss the mini challenge at the end! 🎁) ▶ When to Use Vertical Spreads Limited Funds, But Want to Trade Options: Vertical spreads cost less than buying options outright. You Have a Market View, But Aren't Sure About Volatility: Even if the stock doesn't move much, you can still profit. High Implied Volatility (IV): When buying options is too expens

Ever struggled with this dilemma: buying an option costs too much, but selling an option alone feels way too risky? Don’t worry! With vertical spreads, you can cut costs, cap losses, and trade with confidence. In The Options Handbook, you’ll find four main types of vertical spread strategies. Let’s take a look! (And join the events at the end to win rewards!) 🎁 ▶ What is a Vertical Spread? 🤔 A vertical spread means buying and selling options on the same stock, with the same expiration date, but at different strike prices. In this way, you profit from price movements in the underlying stock while using the premium you collect from selling one option to offset part of the cost of buying the other. ▶

Every trader has their own little quirks, and once you start trading options, some of those habits may begin to change. Have you noticed any small shifts in yourself? 🤔 Maybe you suddenly became hyper-aware of time ticking down? Or maybe your trading frequency shot up, turning into quick ins-and-outs? Or perhaps you found yourself glued to all those Greek letters...? Options definitely have a different vibe compared to the stock market—sometimes it feels like options are changing you! 💭Let's discuss: What’s different for you since you started trading options? And how has it changed your mindset, lifestyle, or trading style? Drop your story in the comments! For example: 📌 Since I got into options, I have to check the volatility curve morning, noon, and night, like clocking in at work. I mos

In the options market, time decay is a key profit driver for sellers. That’s why selling near-expiration short-term options (a.k.a. expiring options) has become such a popular quick-hit strategy. Want quick wins from expiring options? The Options Handbook shares key tricks to boost your odds—plus the risks to watch. (And join the events at the end to win rewards!) 🎁 ▶ Give Your Odds a Boost with IV 🚀 Bigger Premiums: When IV is high, option prices shoot up. As a seller, you collect more premium, like charging extra for umbrellas on a rainy day. Faster Time Decay: High IV doesn't just mean fatter premiums; it also means those premiums melt away even faster as expiration approaches. So, you can pock