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Step Up To Options

Ep 2.4 - Options Basic Recap

Step Up To Options

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

All of chapter 2 summarized in 2 minutes. What is an option? Why is it a derivative of stock? It’s important to know what we are talking about before we getting into trading.

Going one step beyond that, Rachel also lays out the lingo. Contracts are talked about in a quick read way so we make sure you know what the XYX Sep15 50 Call at $2.00 means.

Get ready for these terms because chapter 3 is when we dive into the practice.

The dough platform has moved to a new brokerage and has a new name - tastyworks! If you visit tastyworks and sign up for a brokerage account, you will be able to use the platform seen in Step Up To Options. Stay tuned because Step Up To Options 2.0 featuring the tastyworks platform is coming soon!

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