by luke | Feb 23, 2022 | Getting Started
LESSON J - Planning and Practicing an Option Trade Professional airline pilots use flight simulators. Professional athletes spend countless hours practicing drills and memorizing moves. Professional musicians practice until everyone around them gets sick of hearing...
by luke | Feb 23, 2022 | Getting Started
LESSON I - Evaluating a Broker and Opening a Broker Account Option trading is done through a brokerage account. Brokers have become quite innovative. Almost all brokers allow for trading stocks, ETFs and options as well. However, not all account holders know how to...
by luke | Feb 23, 2022 | Getting Started
LESSON H - Introduction to Option Trading Strategies Option trading is structured to allow traders and investors the ability to leverage their money. This makes option contracts a good tool for hedging or protecting large stock positions. That same leverage also makes...
by luke | Feb 23, 2022 | Getting Started
LESSON G - Introduction to Trading Styles One of the most successful investment professionals in the world today spoke these wise words: “Some people with high IQs are terrible investors because they’ve got terrible temperaments. That is why we say that having a...
by luke | Feb 23, 2022 | Getting Started
LESSON F Part 2 - How to Read Option Prices - Continued Options can be either considered at the money, in the money, or out of the money. You can tell which ones are which when you look at the option chain. Calls are in the money when they have a strike price...
by luke | Feb 23, 2022 | Getting Started
LESSON F Part 1 - How to Read Option Prices Reading option prices takes a bit of getting used to, but even beginners find that it doesn’t take long to catch on to what they are seeing. Without being able to read option prices accurately, option traders might not...
