Options Made Simple: A Beginner's Guide to Trading Options for Success

An option is a binding contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date ]C it has strictly defined terms and properties.

Options are very versatile and allow you to change your position according to the situation ]C they can be speculative or conservative depending on your trading strategy, but the risk can be mitigated by having a firm basic understanding.

The "Made Simple" series is the perfect vehicle for this content as readers are taken step(c)\by(c)\step through everything they need to know about trading options ]C including what can go wrong ]C and can work out which strategies they are most comfortable with.