Ever heard of "options trading" and wondered what the buzz is all about? 🤔
Let's break it down:
What are Options?
Think of them as contracts that give you the right, but not the obligation, to buy or sell a stock at a specific price on or before a specific date.
Call Options:
The right to BUY a stock at a certain price.
Put Options:
The right to SELL a stock at a certain price.
Why Options Trading?
Leverage: Control larger positions with smaller capital.
Risk Management: Limit potential losses.
Income Generation: Generate income through strategies like covered calls and cash-secured puts.
Remember:
Options trading involves risk.
Always do thorough research or consult with a financial advisor.
Want to di...