Options trading is a great side hustle, but definitely not for everyone.
There are lot of misconceptions out there about the risk/reward of options, and I don’t believe (if you’re serious about it) you should attempt to dispel those myths on an airline pilot forum.
My recommendation, if anyone is serious about options trading, is to start learning the tastytrade methodology. It’s a probability based method that requires you trade small and often. It’s commissions are capped at $1 to open (per contract) and $0 to close. Their platform is top notch, uptime far exceeds think or swim, interactive brokers and fidelity (I’ve used them all). Tastyworks is everything you could want for trading.
Best of all, their programming is head and shoulders better than the crap you see on CNBC. It’s educational and entertaining. They’re underdogs in options trading but they blow the competition away in every aspect. Their favorite customer are the small fish like us.
If you want to trade options with fidelity you can, you can open a margin account, but be warned their desktop platform sucks and trading via the web interface is clunky and annoyingly difficult.
Always happy to discuss options and creating your own wealth through investing be it with options or straight equities. Don’t leave it to “the experts”. You’ll probably do “ok” but it may not create the generational wealth you have in mind, if that’s a goal of yours.
EDIT;
tastyworks is the platform
www.tastyworks.com
tastytrade is their “media” and education network
www.tastytrade.com