If you’ve been playing around in the stock market and have a fair understanding of the supply and demand that makes up a stocks price then there may be another market where you can make significantly more profits…
Maybe you have had success with stocks, bonds, or ETF’s… But, there is another asset class which has advantages over what the traditional investments you have been conditioned to trade.
Enter the world of options trading! Google the definition and it will tell you: (/ˈäpSH(ə)n/) “An option is a contract giving the buyer the right, but not the obligation, to buy (in the case of a call) or sell (in the case of a put) the underlying asset at a specific price on or before a certain date.”
There are many ways to use this to your trading advantage; whether speculating to make increased profits or hedging risks in the market.
Whatever your motive behind wanting to trade them, watch this full interview to get inside the mindset of an options trader who has doubled his bank account.