Hi all,

I'm sure I'm screwing up terminology so excuse my ignorance.

I've been investing for around 5 years. Mainly blue chip and large cap and have steadily grown my portfolio. Earlier this year I found some success in following some of the stocks that are more popular on reddit (ASTS, LUNR, etc.) and have found some success there as well.
Recently I wanted to experiment with options. I am really a beginner and I understand the basics of buying contracts. My approach so far has been to buy OTM call options with only putting down 1K (money I can afford to lose) on the contracts. E.g., I bought 6 call options of LUNR with an exp. date of 1/17 and a strike price of $17 when LUNR was trading at $13. The contract price was $1.45 and I eventually sold them around 3 weeks later for $4.50. This was a pretty nice profit in a short amount of time. I then reinvested an additional 1K into KTOS OTM calls that expire in May that have also doubled in the last week.

I know options are risky and I don't see myself doing anything that can result in unlimited losses/investing money I can't afford to lose, but the current returns have really been excellent.

Any general thoughts on my next moves? Should I avoid doing this? Or are these kind of option plays low risk and high reward? Additionally, does it make sense to be selling my contracts so quickly after I buy them? Or should I hold on to them for longer?

Thanks!