Options Bootcamp Episode 7: Back to Basics
Roll Call: Mark and Dan introduce the newest Drill Instructor, John Critchley from SogoTrade. Find out more about SogoTrade, from its philosophy to its commission structure.
Basic Training: What you need to know
- Why should someone trade options?
- What's in it for different levels of traders?
- Will you be able to drive a Maserati tomorrow?
- How options work: the honest breakdown.
- Believe it or not, options can actually reduce risk.
- The negative connotation of derivatives.
- The concept of the multiplier.
- Why trade options?
Mail Call: Giving listeners a chance to steer the discussion.
- Can you exercise options early?
- What happens when options are exercised?
- How options settlement works.
- When is premium credited to an account?
