---
title: "Many people ask me why I don't hold the underlying stock and only trade options. It's actually quite"
description: "Many people ask me why I don't hold the underlying stock and only trade options. It's actually quite simple: this account doesn't have a lot of capital. For small capital aiming to improve return effi"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/38812610.md"
published_at: "2026-02-20T20:15:42.000Z"
author: "[Mike股谈](https://longbridge.com/en/profiles/24834251)"
---

# Many people ask me why I don't hold the underlying stock and only trade options. It's actually quite

Many people ask me why I don't hold the underlying stock and only trade options. It's actually quite simple: this account doesn't have a lot of capital. For small capital aiming to improve return efficiency, options are more suitable.

The prerequisite is to set profit-taking and stop-loss orders in advance for every trade, keeping the risk within an acceptable range, rather than mindlessly going all-in to bet on a direction. Before trading, always check if the technical pattern shows a clear entry point; only act when you're confident.

Whether it's value investing, swing trading, or options trading, the essence is the same. Any method that makes money is a good method.

What truly determines profitability isn't frequent trading, but controlling your impulses: don't trade if you don't have time, don't act if you don't understand, and prefer inaction over making mistakes. Control greed, maintain discipline, and you'll steadily improve over the long term.

### Related Stocks

- [RKLB.US - Rocket Lab](https://longbridge.com/en/quote/RKLB.US.md)
- [MU.US - Micron Tech](https://longbridge.com/en/quote/MU.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.