Your first time trading options can seem daunting. Options get their value from the underlying price of a stock, and they give traders the right (but not the obligation) to buy or sell the stock at a pre-set price.
If we compare trading stocks to gambling in a casino (traders bet against the house with hopes of getting lucky), then let’s say your first time trading options is like betting on a horse race. Everyone is betting against each other, while the racetrack takes a small cut from each bet.
This means that whatever the option buyer gains from their win is another option seller’s loss.
While everyone loves to be the person who wins trading options can be a fast way for beginners to lose all their money. But it doesn’t have to be that way…
Have you ever wondered how traders use options to turn small stock moves into massive profits?
Well today, you’re in luck! That’s because I’ve joined James West, another expert in the options trading game, to show how you can make large amounts of money in short periods of time… even if this is your first time trading options.
We’ll go through options trades we’ve initiated, our favorite investment platform and how to scan the market for the next best opportunity to double your money.
And, as always, leave your thoughts in the comments below. And don’t forget to subscribe to my YouTube channel to stay up to date with all things trading.
P.S. What would you say if I told you there’s a glitch in the market that forces Wall Street to buy up a stock…
Sending its price 200%… 300%… even 1,000% higher in as little as 24 hours?
I’m not talking about tech explosions, value investing or risky penny stocks. I’m talking about household names soaring triple and even quadruple digits.
And knowing when this glitch happens could help you grab some of the fattest paydays…
That’s exactly why stock market expert and Forbes contributor Adam Sarhan is finally revealing how you can spot the next one.