Best First Trade For A New Options Trader - 198

Choosing your very first options trade can be a paralyzing decision, but it doesn't have to be. In this episode, we break down the three fundamental strategies every beginner should consider: covered calls, naked puts, and credit spreads. We share personal stories—from landline calls to brokers to the evolution of a "24% a year" blog—to illustrate how these strategies perform in real-world bull and sideways markets. You'll learn why the covered call is often the "gateway" trade that gets nervous investors into the pool, why naked puts are like "hunting for bargains," and why credit spreads are eventually the superior choice for small accounts and diversification. We also provide an honest reality check on the risks, including the "10-year war" of holding stocks during a crash. Tools & Resources Mentioned: The Passive Trading Book, blogger platforms for journaling, and the concept of "Black Friday" stock shopping. Are you ready to move past the "options are too risky" myth? If you could only master one strategy for the rest of your life, would you choose the simplicity of a covered call or the flexibility of a credit spread?

You can listen to Best First Trade For A New Options Trader - 198 online on Radio and Podcast. Open the player on this page to stream the available audio.

Best First Trade For A New Options Trader - 198 is an episode from The Option Genius Podcast: Options Trading For The Individual Investor by Allen Sama.

This episode is 21:15 long.

This episode was published on Dec 27, 2025.

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