Me using option features😏?

I used before covered call (not moomoo) & secured put option (closed very early before expiry) strategies, delta, option analysis...

I used cover call to hedge during a bearish market.

Used secured put if I think the market may go bullish.

0.2/-0.2+ delta when doing my those strategies.

I also used the moomoo option analysis to compare how the volume of majority are moving toward, bullish or bearish on the stock...

Not bad, had earned some small profits. Can be quite addictive of wanting all in as I'd gotten the outcomes as what I'd expected...most of the time... but self-control, some risk management . (Has been wondering if I should be more YOLO...)

Though, I realised that the time taken for profit earning is kinda slow 🐌 as compared to a profitable day trading / short-term trading...

Welp, guess that's why I feels that option is less risky than day trading / short-term trading as u are give a period of time to make a final decision... (Provided u know what u are doing )

Fast profits come with higher risk ~

The above fews mentioned strategies are the simples one to me (make it simple, that's what I preferred for now).

U can also use other strategies which I yet to try (not sure if moomoo support them... heard is may 2023 new update), eg:

Spread Strategy

Synthetic Strategy (Yet to try but I think I may like this strategy=higher risk with better profits )

Got many others strategies out there too.

So, choose whichever strategy that best suit u .