I have been learning and trading stocks for over 3 years… slowly increased my account from 2k to just over 6k… most of my money is tied up in tech stocks for long term growth…

I have a few hundred extra dollars in my trading account. And I just got approved for options trading.

This would be my first options trade and I’m curious if this is a decent idea.

I found a stock that I think is going to continue to rise over the next few weeks. Would it be terrible idea to purchase 1-2 contracts slightly ITM. The stock is at 11.82 right now… and I was thinking of purchasing 2 contracts at 11 strike price for July 19th expire date. (Edit) the Break Even is 12.25

I’m curious if this is a decent play… to purchase 2 contracts and when the stock gets to 13$ range sell the contracts before the expire date.

I know there is risk involved with buying options but would my risk be minimized because they are ITM?

Any legitimate comments about this play are appreciated. Not looking to “gamble” like the wsb users… but I am also very new to options trading.