/biz/ - Business & Finance

"SPY is for boomers!"

True, but options are not.

Here's an example of a SPY call when you have even a slightly green market. Options, being leveraged, give you 40%+ returns consistently.

Once your call becomes slightly ITM, just sell it as it starts following the underlying ticker instead and stops getting the leverage it used to. Then you roll it out into other calls for later on at a higher strike.

Repeat.