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Understanding Options 2E, 2nd Edition by Michael Sincere

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3

The Fascinating Characteristics of Options

Remember when I said that learning about options is like learning a new language? You’ll understand what I mean when you read this important chapter. Think of it this way. What if you had never seen or driven an automobile but had read everything you could about the steering wheel? No matter how much you read about this important and powerful device, you wouldn’t know what it was like to use a steering wheel until you started driving. Learning about options is similar.

In this chapter, you’ll discover that options really have their own special language that will seem unusual, at least at first. After you master the options language and start trading, it will all begin to make sense. So get ready for ...

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