I have started to buy very liquid CALL and PUT options way, way out of the money...way, way far out in the future at deep discounts and have found that there is a sub-market for these contracts. I suppose it's contrarian thinking, but at such deep discounts, these bets are worth it. Some returns have been over +300% to date. Even if you a buy a call/put with no open interest at the strike price, you will be surprised how many players enter into your far out strike price slot when price sentiment starts going your way!
Give it a try. It's better than a dollar and a dream! (It may cost you $5 upfront for a single contract!)
Good luck!
Give it a try. It's better than a dollar and a dream! (It may cost you $5 upfront for a single contract!)
Good luck!
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