the Good ol' Days - Monday, page-20

Hi sewage. Although still experimenting with options one thing I do know is that I wouldn't buy long calls or puts based on fundamentals. Fundamentals aren't much good at short term, less than 3 month and arguably less than 6 month horizon. Unless you train yourself to an advanced level in TA I can't see how you would be successful trading options or most leveraged instruments.

That said I think it's possible to very successfully write covered options with limited technical knowledge. I know someone who makes a lot of money writing covered calls, with high win rate but it's a slow and steady strategy making small increments monthly and you need a decent size portfolio to fund the share cover.