Option trading information is out there aplenty on the internet - some of it is a waste of time while other information is quite educational. But for someone typing this expression into a search engine, my guess is that they would most likely be looking for simple and direct answers on what options are and the best and safest way to trade them.
My next guess would be that once the basics are grasped, people are looking for a good and reliable option trading system that is low risk and can bring regular and consistent income month after month without losing your trading capital.
In my search for the best option trading information, I have reviewed and tried a number of systems. Some promise you the world and look so simple, but the simple directional plays (predicting short term market direction and buying calls or puts) are usually fraught with high risk. Your emotions also become involved, so that you either get into trades when the signals aren't strong enough - impatience - or just can't bring yourself to "pull the trigger" - fear and procrastination - or worst of all, can't let go and take a loss once you're in a trade until you've lost too much.
The Kind of Option Trading Info That Works
Eventually it occurred to me, that the best option trading information - the stuff that really works - may be a little more complicated than simply knowing what calls and puts are and when to buy and sell them using stock charts and technical analysis. This is not the way professional option traders - the ones who regularly make more than $20k per month, are trading. These traders understand the basic mathematics behind options and use the appropriate, freely available, tools to monitor, assess and adjust their positions. To them, it's not just about putting on a trade and either realizing a profit or loss on it. You see, they have some option trading information that most traders don't even know about!
They have realized the importance of the option greeks - particularly, the hidden relationship between the delta, theta and vega - and how, using their knowledge of this special relationship, they can manage and adjust their existing positions by adding to them or moving them around, so that they not only salvage losing trades but can actually increase their profit potential at the same time!
I suggest you consider stepping up to the next level and educate yourself in more advanced, low risk, option trading strategies.
One of the best I have found, is the Options Trading Pro System. It takes a while to get your head around some of the concepts and you definitely need to paper trade for a few months, to 'iron out the bugs' in your understanding and get an appreciation for how this system works. But once you do, it just goes like a charm, month after month. It's very low stress and you have plenty of time to assess what you'll do next, to improve your portfolio of positions.
The whole approach behind this option trading information, is that you are not just a speculator, but actually running a business and thinking like a businessperson. You are building a business that you can hand down to your descendants.
Highly recommended!
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