Every options trader follows this same path.
Stage 1 — Day trader.
Follows trade alert services. Buys weekly calls.
Gets smoked.
Stage 2 — Swing trader.
Follows momentum. No fundamentals.
Gets smoked again.
Stage 3 — Covered calls & cash secured puts.
Caps upside. Misses every big move.
Underperforms buy-and-hold.
Stage 4 — Realizes the market cannot be timed short term.
Stops chasing. Starts studying fundamentals.
EPS. Valuation. Moat.
Stage 5 — Portfolio secured puts + LEAPS + base portfolio.
Sells puts when cheap. Buy shares. Buy calls.
Patient. 25.89% CAGR. Retired at 31.
Most people never make it past Stage 3.
Hopefully this shortcut helps.
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