Publisher's Synopsis
Options are conditional derivative contracts that allow buyers of the contracts to buy or sell a security at a chosen price. Option buyers are charged an amount called a "premium" by the sellers for such a right. Should market prices be unfavorable for option holders, they will let the option expire worthless, thus ensuring the losses are not higher than the premium. In contrast, option sellers assume greater risk than the option buyers, which is why they demand this premium. When you have better clarity about what you're doing, it limits your risks and set you on the path of success. By learning the basics of options trading and using the basic strategies to maximize your gains, you'll find yourself doing well in options trading. As a beginner options trading, what you have to do is to make sure you calm yourself down and start taking steps to begin your trade.
This book covers: -Which Path You Will Choose?-Create Confidence with an Options Trader Mindset
-How to Get Started?
-Principal Features of Trading Options
-Types of Options
-Buying and Selling Puts
-Basic Options Strategies Going Long