5

SARAH’S OPTIONS STRATEGIES

image

Illustrated by Noble Rains

Key Chapter Concepts

• Learn what an option is.

• Review the advantages/disadvantages of options.

• Understand Trader Terminology Part I: puts and calls, buying and selling, expiry, weeklies and monthlies, premium, strike price, spreads, and options chains.

• Understand Options Trader Terminology Part II: Greeks, value of an option, standard deviation, calculating premium, and premium decay.

• Discuss the many options with options: What are put spreads, call spreads, iron condors, calendars, butterflies, straddles, and strangles?

• Distinguish trading directionally and trading spreads.

Get How You Can Trade Like a Pro: Breaking into Options, Futures, Stocks, and ETFs now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial