Options Trading Tutorial

Tips to become an options trader?

Hi I am currently a soph. in college and was wondering what I could be doing to help me pursue a career as a trader. I interned at a hedge fund last summer as an IT worker and was looking to make the step up to a trader. Are there any specific books or online tutorials that would help me learn about how to trade in the options market. Anything that you think will give me a leg up let me know. thanks

Public Comments

1. An options transaction is a transaction in which a lot of money is lost. Or was that a derivative transaction?
2. You can read the book "Options As A Strategic Investments" by Lawrence G McMillan for options education. Additional books that you can read is "Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology" by Brett N. Steenbarger for trading psychology. You can also go to www.cboe.com. At this website, once you register, you will be able to use the virtual tool and access their educational webcasts. Additional website you can go is www.iitm.com. The author for this website has developed a position sizing game which is available for free.