Investors who are interested in using options may wonder, What s the point?
In this segment from
Motley Fool Live
that first aired May 7, Motley Fool Canada analyst Jim Gillies and Fool.com editor/analyst Ellen Bowman discuss the ways covered calls give you choices in implementing your investing thesis.
Jim Gillies: With options, it s always yes/but. It s always a yes/but.
Ellen Bowman: There s always options. Yeah. I know.
Gillies: I m ashamed I didn t make that one first.
Bowman: I know.
Apple (NASDAQ:AAPL), we go 145.
Bowman: I don t mean daring you this isn t a game of chicken. I kind of picked a number out of the blue but yeah, do it.
All options positions expire, but when they do so varies. Here, Motley Fool Canada analyst Jim Gillies explains the right way to choose your expiration date.