So I have a few questions for this sub.
- I heard that options are haram, but what if they are leap options, so having options for a stock over a year long. I feel like there’s much less risk the longer you go.
- Also, what exactly makes options haram? Options, at least call options, seems like it’s the same risk as holding shares because if it goes up, you profit, and if it goes down, you lose. For instance, I understand one side wins and the other loses, but each side took their own risk in their trades. Also, I don’t feel like it’s necessarily gambling because like holding shares, as long as you do research on a company and are certain and confident with your decision and are willing to take the risk that comes with all forms of investing, it shouldn’t be gambling then right?
- How about selling calls and puts? Are they also haram because I’ve been hearing more people say they’re halal than haram.