Option contracts are simply another form of a financial security, like stock itself, that you can trade in the stock market.
While there is potential to make a lot of money in trading these contracts, there is also greater risk involved if you don’t understand what they are and how they work. This course is designed to get you up to speed on all the ins and outs of option contracts. By the you finish it, you will have a solid knowledge base on which to formulate your own option trading strategy, or you can use my strategy (courses on that coming soon!). Either way, option contracts can offer you a great and easy way to make money in the stock market, so let’s get started!
EDIT: In the second to last video called “ThinkOrSwim Demonstration”, I misspoke when I was explaining what “In the money” means for call options. The call options that are highlighted in blue are in the money because their strike prices are less than the current trading price of SPY. I accidentally said it the other way around!