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Benzinga

Only Have $1,300 but Want to Start Making Money With Options. Am I Being Realistic or Setting Myself Up

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Only Have $1,300 but Want to Start Making Money With Options. Am I Being Realistic or Setting Myself Up
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A trader with just over $1,300 in their account asked Reddit’s r/Daytrading community whether that balance is enough to start making money with options—and whether it’s realistic or just a recipe for losses. Responses emphasized that while you don’t need tens of thousands to begin, options require more than guessing a stock’s direction. Commenters highlighted the importance of understanding strike/contract selection, expiration timing, price movement, volatility, and time decay—especially since small accounts have less room for repeated mistakes. They also stressed position sizing: a $100 loss could wipe about 7.7% of the account.

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