Gatsby Is Making Options Trading the Side Hustle of the MomentThis platform demystifies what is typically overly complicated and makes options trading fun.

ByStackCommerce

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Gatsby

The typical entrepreneur is self-motivated, multi-faceted, and tends to have a high level of risk tolerance. Shouldn't your investment strategy follow those same traits if you plan to make it your side hustle? Sure, reading the trades and Googling "best stock to buy right now" is fine, but you're probably not going to see any real returns any time soon. Plus, you may wind up spending more in commission fees than you bargained for.

While most people with any investing interest know about Robinhood, you might not have heard of Gatsby — yet. Gatsby is an investment platform that specializes inoptions trading, giving you greater control and insight over your investment than simply buying a stock in a company you know virtually nothing about. Critics say that Gatsby is making a complicated security too easy to trade, but Gatsby says that options don't need to be as complicated as they seem. Options trading is riskier than traditional stock trading, but the rewards can be considerably higher. But because it looks complicated, most amateur investors stay away.

Gatsby正在努力改变这一范式。它使秩序ng options easier and more incentivized. Its simple, beautiful design makes options trading clear, understandable, and even social. You can open an account within minutes and with as little as $10 make trades with no commissions or contract fees. Gatsby simplifies the options trading process by breaking trades down to simply "for" or "against" individual companies and ETFs. It's like buying a stock and hoping it goes up; except you just predict which direction it will go.

And, that's right, Gatsbypays you to trade. With the Gatsby Rewards program, you earn points every time you trade, which can then be redeemed for gift cards from top retailers. With Gatsby's social functions, you can see what your friends are trading on and engage with the Gatsby community as it reacts to breaking news and corporate reports. It's like the simplicity of Robinhood meets the community of Reddit.

If you're going all-in on investing as a side hustle, you'll need to diversify your strategy — and yes, you'll need to take some risks. Gatsby is taking the intimidation factor out of options trading so you can start confidently trading with as little as $10. You can sign up andmake your first trade today,which is about as easy a side hustle comes.

Disclaimer: Gatsby's website mentioned that securities are offered through ViewTrade Securities, and that Gatsby Digital is not a registered broker-dealer, but they appear to be about to launch Gatsby Securities as the new brokerage partner for the app. Also from their site: Note that references to 'commission free' or 'free' trading refer to $0 commissions charged, on self-directed individual brokerage accounts that trade U.S. listed securities. As with any broker, small SEC & Finra fees may apply. You can see the Gatsby fee schedule on their site for a complete listing of their charges. Always keep in mind that options involve a high degree of risk and are not suitable for all investors. This is not a recommendation or solicitation to invest in any security or investment.

Wavy Line
StackCommerce

Entrepreneur Leadership Network Contributor

Account Manager

Editor's Pick

Related Topics

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Business News

'Soul Crushing': Internet Sleuths Notice Something Is Very Off With This Condo Listing

From the grey carpets to the fluorescent lights, it's obvious that this home was not always a home.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business News

'Awful Advice': Barbara Corcoran Slammed For 'Tone Deaf' Business Advice to Interns

The "Shark Tank" star shared tips on social media about how interns can increase their chances of getting hired full-time, but the public reaction didn't go as planned.

Green Entrepreneur

Phoenix Has Hit 110 Degrees for a Month, But This One Invention Is Cooling Things Down a Tad

For the Arizona city amid a record-breaking heat wave, cool surfaces bring a modicum of relief.