Do you want to learn simple and proven strategies to become a successful trader, starting options, Forex, day, and swing trading? If yes, then keep reading.

An option is an agreement, which gives the buyer the right to either sell or buy the underlying security or stock at a predetermined price with an expiry date. Alternatively, an option is a security investment.  

This means that you predetermine the price of the stock you decide to buy irrespective of the changes. The interesting aspect of options trading is that it binds the seller and buyer into signing a contract that has severe properties with terms to minimize the risk of loss. 

For instance, someone wants to buy Alibaba’s stock on the NYSE with the current place pegged at $150 per share. You see that the stock is doing perfectly well with a high chance of its price going higher and decide to use a call option.  

In so doing, you have the right to buy Alibaba’s stocks at $150. With that contract in your hand, you want about doing other things. Then, 25 days later, you saw an increase in the price, which now hits $250 per share.  

Nevertheless, because of the option contract, you have to purchase 15 shares of Alibaba’s stocks at $150 per share, you can get it at a bargain. 

Obviously, the price of the stock can also fall down. 

The truth is you didn’t see it in that light, or you did not know about it. 

This audiobook covers:

• An Overview of Options
• Exercising the Option
• Designing a Trading Plan
• Trading Psychology
• Risk Management
• And much more!

Ready to discover more about trading? Buy this audiobook now!