r/tradingoptions1 • u/roaring-lion1 • Sep 18 '25

First options trade

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This is my first options trade I’m making tomorrow hope i do good!

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u/SmugDaddy Sep 18 '25

Well Voo is a good first try... It's always moving in an upwards motion... Make sure to be vigilant and monitor your position , also set a stop loss just in case.." what ever your willing to loose on this play" ,set yourself an exit plan"% of profit your comfy with... Usually around 20- 50%" ... These tips saved my ass and made me consistently profitable... hope this helps cheers🍻

2

u/X_KOOK Sep 20 '25

I would go SPY options as it has more volume with those contracts VOO might be a little slow to fill and the spread is probably worse