I am new in this area and I want to Know about Options. Is there one (or more) short, easy and very simple ins
I am new in this area and I want to Know about Options. Is there one (or more) short, easy and very simple instructive?
Answers
312 points
mjrenn answered one year ago …
Firstly you could go to:
http://tycoonreport.tycoonresearch.com/about_editor/chris
Chris Rowe is pretty good with options. You will need to sift thru the reports but I assure you, there will be some informative stuff there.
Secondly enter 'options' in the Tickerhound search box. There are a lot of options questions that already have great answers.
788 points
DaveDiggz answered one year ago …
I'd also check out some of the Articles TickerHound has on Options:
http://www.tickerhound.com/articles/category/options/85
You should be fairly well versed on the topic once you get through those.
-Dave
546 points
warren answered one year ago …
Buy futures and options for dummies for a quick but thourought rundown. Joe Duarte wrote it and he is VERY good. But remember options were created to skim the public so look at them with that in mind and from their point of view!
Warren,
www.preciousmetalstockreview.com
106 points
guybuck1 answered one year ago …
One nice site is optionshouse.com which allows you to open an account, gives you entry to a virtual (play with play money) $5000.00 that you can try options without danger of going to the poor house. Don't know if there is a limit on the time you can play for fun but you can call and ask 'em. Commissions are fairly low, 9.95 each Xaction. A lower cost (apparently) is Tradeking.com, 4.95 plus .65 each option traded but don't think they have the play account.
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249 points
engcomp answered one year ago …
For a crash course on options, go to:
http://www.futuresandforex.info/optionbasics.shtml
It includes a pricing calculator and some good strategies.
127 points
dnce answered one year ago …
I would add Investopedia and Motley Fool as other places to educate yourself on options and their trading. Like the other sites mentioned, they have searches available for whatever trading terms you may be interested in. You probably also want to look at the 'rules' at http://www.optionsclearing.com/publications/risks/riskchap1.jsp which is over 100 pages esplaining what options are, how they trade, etc.
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RobertW answered one year ago …
Thinkorswim.com is the best best on the planet for buying and selling options. OptionsUniversity.com is the best place on the planet for learning about options. Start with their Options 101 training program then proceed to advanced courses if desired. They also have ofter free webinars for more education about them. Chris is also an excellent choice for help. Relative to the negative comment about about options, I feel they are safer than stocks, so jump in and enjoy them as I do.
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