Option trading is a type of trading strategy where investors give the right to buy or sell an underlying asset at a predetermined price within a certain time frame, but these contracts do not provide any obligation to buy or sell. These contracts are called options.
Underlying Price,Option Premium,Intrinsic Value,Time Decay (Theta), Expiration Date,Strike Price, Implied Volatility.
ITM-ITM stands for In the Money. OTM-OTM stands for Out of the Money. ATM- ATM stands for At the Money.
There are many benefits in options trading. Like a Leverage,Flexibility,Risk Management
Covered Call,Protective Put,Long Call and Long Put
Long Straddle, Short Straddle,Long Strangle, Short Strangle, Short Strangle, Bull call & Bull Put Spread,Bear Call & Bear Put Spread, Iron Condor, Butterfly Strategy .
Avoid Low Liquidity Options,Adapt Strategies,Start with Paper Trading,Risk Management.