Options can be intimidating at first but should be in every successful traders arsenal. If you’re new to options, check out our What are Options? page. Using options, we’re able to use defined risk (i.e. we can only lose so much) on every trade. We can even enter trades that risk a maximum of $50. Typically they will have a max return of $50 - $200. With options, it’s all about the odds. If you’re risking $50 to make $50 and you have a 60% chance, you’re going to be a winner long term.