Reflection on Option Trading during Independence Day weekend

• July 4, 2020 - 00:00
• Financial Quotient

Fourth of July, which celebrates U.S. Independence Day, also marks the beginning of our second half calendar year. This is a good time for us to do a little reflection on option trading.

The first half of 2020 has been a new experience of most (if not all) of us, regardless of whether you are an option trader or not. With the coming of COVID-19 pandemic, we have learned to adapt a new lifestyle. If you are a W2 employee and that is your only source of income, the stableness of your paycheck might get negatively impacted.

If you trade option, it was certainly an interesting time period, and hopefully you were able to capitalize on this unique opportunity, especially with the government’s assistance in the market.

Regardless of previous situation, for the second half of 2020, you certainly should think about incorporating another source of income to build your overall income strategy. OptionRoller believes in trading option, but also understands options is not the only way to go. There are various active and passive ways to generate income, you should try them and see which ones fit your current situation.

If you happen to choose trading option and if TD Ameritrade is your preferred broker, you definitely should consider adding our OptionRoller Dashboard into your toolbox. 14 day trial is only $0.99 and you can test drive it first hand!