Options for Newbies - The Basics of Call Options
What you'll learn
- The student will understand the terminology (call options), specifically how call options work, why they are used, and how they can become useful as a trading mechanism.
- How Stock Options can create a recurring predictable source of income.
- The student will acquire the skills to build a solid portfolio of stocks and options to increase his or her financial status.
- The student will learn the concept of "covered calls," a technique similar to "renting out" stocks he/she already owns for extra income.
Requirements
- Have access to a computer with internet connectivity.
- Have basic computer literacy skills.
- Have a keen interest and becoming financially independent.
- Be dedicated to learning a new skill.
Description
A beginners and intermediate course on trading options, specifically CALL OPTIONS - what they are, how to trade them, their advantages and disadvantages, risks and rewards, and how they can be used to generate a steady source of supplemental income by "renting out" stocks you already own, or buying stock at a discount. This course will introduce the student to new jargon specific to options, will teach the student how to open a brokerage account, and will explain some essential characteristics of trading in this exciting field that is much misunderstood and unnecessarily maligned.
Who this course is for:
- Anyone interested in getting control of his/her financial situation, whether currently in debt or looking to improve his/her future.
- Beginners interested in options trading.
- Intermediate traders already familiar with basic concepts who want a refresher and expansion of their current knowledge.
Course content
- Preview17:23
- Preview12:23
- 12:53Free Money?! Really??
- 06:08The Basics of Options - Characteristics of Options
- 09:47Why Learn to Trade Options?
- 10:55Rights & Obligations
- 1 questionRights & Obligations
- 07:02Risks & Rewards of Options Trading
- 06:38Moneyness
- 1 questionMoneyness
- 05:56Options Pricing
- 09:59Call Options
- 3 questionsCalls & Puts
- 14:18The Problem with Buying Options
- 13:59Netflix example
Instructor
I have been trading the stock market - and options in particular - since 1997. In the past 23 years, I have made my share of mistakes, but have also engendered some very significant profits with options, and have decided to share my knowledge and expertise with the public with several courses dealing with various options concepts, as well as the risks and benefits of learning to trade options.
Additionally, I am an author and audiobook narrator of over 35 books (Audible), and continue my pursuit of writing and publishing.