Comments by "Me, Myself and I" (@me-myself-i787) on "Covered Calls Explained - The Cost of Income" video.

  1. Put options are a great idea because they allow people to make money when stock prices go down without the unlimited downside potential of selling futures or shorting. It's like call options except whilst call options give you the option to buy a stock for the strike price within a certain time period, put options give you the option to sell a stock for the strike price within a certain time period. So, if the stock goes way down, you make a good amount of money. If the stock goes way up, you only lose a little bit of money. And if the stock price remains flat, you only lose a little bit of money. And the other party benefits too, because unless the price goes way down, they'll make money selling puts, and their downside is also capped. But calls are stupid.
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