Hey all! I have been investing for a little while and want to start to dive into options (buy/sell put/call).
I don't really understand what I have read online, and basically need a quick and simple breakdown of what combination to use and where. I understand this: The strike price is the price you agree to buy/sell at (if you want to) if the stock goes up and down. I just don't know when to use an option or how I could use it to my benefit.
Thank you in advance and sorry if this is dumb!
[link] [comments] https://www.reddit.com/r/stocks/comments/13496ki/can_someone_eli5_stock_options/
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