For someone starting out

Thanks for all your answers.
I am glad to see so many responses to my question.

I need to do more reading because I don't understand some of the things you all are saying.

I have been trading stock for the past few years with some good results so I thought options would be a good next step but obviously I have alot more to learn before I even get started.
 
Quote from jj90:

Not to say one doesn't have to be right on direction, move, timing and vol, but one can negate most of those by using frontmonth deep ITM options.
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Except for direction and timing!
 
Well depending on how much premium is left, timing may or may not be an issue. And move is somewhat dependent on that. So, 2 or 3 out of 4 isn't too shabby.
 
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