The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone, Kirk here again from optionalpha.com and welcome back to the daily call. On today’s daily call, we’re going to answer the question – “How much money do you need to start trading options?” This is actually very simple, so I’ll simply answer the question right now and then we’ll talk about it. I think to start trading options, you should at least start with somewhere between $3,000 and $5,000. I do not believe that you can really successfully do anything with under that. If you have less than $3,000 or $5,000, then I think you should sell some stuff around your house, get a part-time job, do some online work for somebody. There’s a bunch of different places where you can just like do this project-based work with whatever skills that you have, generate a little bit of extra cash to really start. Now, even with like $3,000 to $5,000… I always give that range because look, it just means you should have a little bit more than a couple of thousand dollars. But even with like $3,000 to $5,000, I think t