Most people get destroyed buying calls because they have no actual thesis.


They buy because the stock is going up.
(that is really it!)
Buying calls are really just a "magnifier"
They magnify a stocks move.
If you have no conviction they multiply the loss just as fast.
Only buy LEAPS on companies that are ultra compelling at great valuations.
& fund these leap calls with the put premium so they cost you nothing out of pocket.
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