What's the best way to learn stock option trading?
Public Comments
- Investopedia.com
- I recommend learning about options themselves first. The difference between calls and puts, how they work, and basic strategies as a starting point. You could use the same training materials that a stockbroker-in-training would use, in preparation for taking the NASD Series 7 exam. (The Series 7 covers MANY different subjects beyond options but many of the study materials for this exam are very solid.) I recommend going to any bookstore for NASD Series 7 study materials. Taking that one step further. The NASD Series 4 exam is specifically about Options and will get into the subject deeper than the Series 7. Don't waste your money with expensive courses or products that promise to make you tons of money. If it were that easy, everyone would be doing it. Get to know the basics first and most important, be careful because 80% of the people that trade options lose money!
- I have read many books on options trading, and none as good as George A. Fontanills. Trade Options Online (Wiley Online Trading for a Living) In the source, there is a list of great stock/options trading books for beginners.
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