There's many other Option stragerys that don't involve playing earnings. Futures are binary and you must be right on yoyr direction. I play options were my option can go in almost any direction and I still profit.
@@edmandell3064I just joined Webull and I guess I can only trade options for now, still a bit confused especially after reading your comment. Time to do some vocabulary resesrch
I still prefer options over futures. Options has more ways to make money and has dedined risk! So i can enter a trade and only lose what i put up. Its crazy how people who are new to trading are running to forex and futures trading???
options are trash for day trading. there is no defined risk. your risk is defined if you're talking about a full loss only. that's not a way to manage risk. if you're in a SPY call and the SPY drops by 1% you have no way of knowing how much you'll be down. you only know the max that you can lose. in futures you know to the penny how much money you will lose or gain with your stop limit and take profit set.
