Questions on options.

I'm just getting into option trading recently, and had a few questions that aren't so much in guides and stuff online.

First, do most people make money on option trading by buying then selling the contract? Or do they actually exercise the contract and make their money that way?

Second, is it better to buy options with dates further out as opposed to ones expiring like this Friday?

Thanks!

Submitted April 10, 2018 at 12:17PM by Vslightning https://ift.tt/2IGveH8