This course is all about stock options – which are a by-product (or a derivative) of stocks. You’ll explore how they work, the key terminology involved and how options can be used to buy and sell. Through simple video examples you’ll learn about how money is made on a ‘buy’ and a ‘sell’ and also how money can be lost. Options trading is full of new terms and phrases such as ‘puts’, ‘calls’, ‘expiration’…you’ll learn all about these and more. Options are often misunderstood but they’re really one of the simplest financial instruments to understand. Best of all, they give you a choice of what to do with your money – on a specific future date. In essence, they’re a sophisticated way of hedging your bets and guarding against the unexpected.
In this course you’ll learn about:
How you can use options in your trading
Where and how options trade
How money can be made…and lost
How options differ to stock trading