One little addendum to my long post: you can SELL your option at any time before the expiration date. You do not have to hold it. If it goes up a lot in just a short time, you can get out.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~
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"The men who drafted Patrick Mahomes"
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