⚠️ Three common mistakes that options traders make

👀 Understanding these three important components of options trading will help you avoid common mistakes in this endeavor.

💵1. Price

The first mistake is unrealistic price expectations, which can lead to buying options that are unlikely to be profitable.

Traders who overestimate or underestimate a TON 🪙future volatility may be tempted to buy options that are way off the mark.

Options may seem inexpensive, but it's cost is not refundable. So your trade is profitable, when TON 🪙 price reaches the required strike price plus the premium, fees, and commissions paid.

🗓 2. Timing

The second common mistake has to do with timing - traders may buy it too short, they buy options with too short expiry dates.

A simple rule: if you want to bet on TON price movement on a particular day, it is better to buy the option closer to that day. It is cheaper and gives you higher leverage, so the potential profit from the trade can be much higher.

💎 3. Exercising

Remember: you can always close your position manually! So you are flexible to take your PnL at any time, and don't need to wait until expiration.

💭 But it is also important to remember that who does nothing — makes no mistakes, so come to us, train and trade options.

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