The simplest position a trader can get into is buying a call, which is very similar to being long a stock. As the stock goes up in price, the call goes up as well. The differences between a call and a stock position are that a call only makes money when the stock goes up. If the stock stays the same or goes down in price, the call will expire worthless and the buyer loses what they paid for it.
The goal of buying the call is to sell when it is ITM, as when it is out of the money, it expires for no profit. To see what happens on the opposite of buying a call, check out 3.4, Selling Calls on Step Up to Options.
The dough platform has moved to a new brokerage and has a new name - tastyworks! If youand 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!