Redpill me on options No, seriously, does anyone have any books?

inb4 >you'll lose money

>>1677279

you started with wikipedia?

>inb4 too retarded to understand wikipedia

>>1677279
Its the fastest way to your lose money.

Everything is automated and computerised to win at options so good luck if you want to compete with PhD nerds on this....

>>1677279

Ok, I'll start out with an extremely basic lesson.

Options are contracts to buy or sell stocks at a certain price for a specific time frame.

There are two sides to an option: the "seller" and the "buyer". The seller is the one that promises to buy or sell the stock at a set price point in return for money.

When the buyer enters an option agreement where he pays money to buy stock at a specific price, that option is called a "call".

When the buyer enters an option agreement where he pays money to sell a stock at a specific price, that option is called a "put".

If you want more, let me know. I'll browse for a bit.

>>1677279
shodan.me/books
Misc>Demystified Series>Options Demystified
Pretty good for retards like you and me

>>1677279

The house always wins

>>1677452
>>1677459
Thank you so much!

>>1677510

Do you need more info, or do you got it from here?

>>1677516
I think I'm good anon, thanks

>>1677532

Alright, good luck man. Make sure you have the foundation concepts down before you start getting into strategies. It may not be fun, but it doesn't take long and you'll be able to understand the other things much faster. They are pretty useful. If you aren't trading them on your own, you can use them to make money off of your stocks. Good luck and be careful. They are a great tool, but being on the wrong side of them can do damage to an account.

Best way to win is to buy stock (investing) and then to enhance your gains you sell upside calls (trading).

E.g pick a stock you like, say its worth $100. Sell 110 strike calls for 10$. (Just an example).

A month later stock has risen to 105$. You gain 5$ on the stock, but 10$ on the option sell.

Now you buy back your option, and sell a 115$ strike call for 10$. Repeat the process.