I'm not completely green on options. They are more risky than equities and require a lot more attention IMHO. I get warnings when the market is sinking. I got out of the market just before the 2009 crash. Funny how so many people claim it came without warning. Commodities, especially oil are highly manipulated in price and can crush an investor without an exit. On the other hand, if I buy the underlying equity, I can just wait until it recovers, if it decides to do a nose dive. Done that several times.