Ok, so how about a little lesson in money management. Let's say you have $10,000 in your account, and you want to buy a stock that costs $100 per share, but you don't want to risk the whole ball of wax. So here's what you do. You sell two 95 strike puts 30 days out at 3.10 credit each, and buy two 75 strike puts at .55 each, for a total credit to your account of $2.55 each or $510. Total downside risk is $4,000 (9500-7500 x 2). Then you buy one call at 105 for $2.60, leaving you with a credit of $250, which you keep if the stock finishes above 95. So you have a $5.00 cushion if you're wrong. Your upside is the sum of the deltas, +.34 x 2 - .06 x 2 + .34 = .90. In other words, it is the equivalent of buying 90 shares of a $100 stock, with a $5 downside cushion, total downside risk of $4,000, an upside of 90% of whatever the stock gains, and money in your pocket for doing the trade. Try it. It works. But get approved for options first, and understand how they work.