Why I Buy OTM LEAPS With A Low Delta?

I have been asked why I am buying Alphabet LEAPS CALL option with a high strike price and low delta. A low delta means a low premium price increase/ decrease with the corresponding share price movement. There are a few reasons why I choose a low delta for my LEAPS options. Lower Delta, Lower PremiumThe … Continue reading Why I Buy OTM LEAPS With A Low Delta?

How Options Trading Works (Using Travel Insurance Plan As Analogy) | How does PUT Option Works?

While getting ready for our holiday, we would usually buy a travel insurance for a peace of mind. In doing so, we pay a premium (fees) to the insurance company to cover us for the period of our holiday. Whether there is a claim or not, the insurance gets to keep the premium that is … Continue reading How Options Trading Works (Using Travel Insurance Plan As Analogy) | How does PUT Option Works?