The seminar I went to worked as you say ZT, buying with leverage and immediately selling the call. They made a big deal of a strict charting system so you ended up with half a charting course and half explaining options.
I still think you should do it on the US market because with charts and screening it doesn't matter that you know nothing of the company.
Anyway, I never liked it so wrote it off to experience. It struck me as a great idea in a long bull market but I have never trusted this recent one enough to jump on board.
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