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Message: <blockquote data-quote="merc" data-source="post: 1369518" data-attributes="member: 19661">I think we both had a different understanding on what the OP (talking about going into options) was talking about. I thought he just wanted to buy and sell to close options that already existed on the market (ie. not writing them). If he just bought a call option on the market and then sold it right after, he's not obligated to purchase 100 shares if the person he sold it to wanted to exercise that option, therefore his position is closed and he keeps the profit or loss. I only really dabble in selling to close call options.Either way - what you were trying to get at is that yes he should definitely do research before going into options. The losses can be catastrophic if you don't know what you're doing, but you can definitely limit your risk while being able to use leverage.</blockquote>