Understanding Stock Option Trading - An Introduction

Many investors make options trading seem veryagreed price, sell it at a specific price, or carry out
complex and appear as a 'no-go-area' for those whonone of the two. If he decides to do nothing, then
do not have experience in trading options. In factthe option expires. And the buyer loses money.
some would even recommend that you forget about2. Types Of Options
options existence as part of the financial marketsThere two types of options: Calls and Puts
completely and focus on trading traditional stocks.Call options give the buyer the right to buy the asset
And this they say with good intention and reason.at an agreed price, within the time frame of the
Why? Options trading carry with it a substantialcontract. If you were to buy a Call option, you hope
amount of risk - risk of losing money.that the stock or index price will appreciate
However, if truth be told, there is no aspect of theconsiderably before the option reaches the date of
financial markets or stock trading that does not carryexpiry.
with it risks of financial loss. That is why it is alwaysPut options works in exactly opposite ways to Calls.
recommended to trade with risk capital and not yourPut options give the investor the right to sell the
rent payment money!underlying stock within the date of expiry of the
Much as there is risk involved, there are also hugeoption. As an investor, you were to buy a Put option
financial gains to be made if you do understand whaton a stock, you would hope that the price or value
you are doing. Jumping into trading options, ignorantof the underlying stock would fall before the date of
of the system works, will lead to frustration andexpiry of the option.
failure.Who Are Involved in Options Trading?
This article will introduce you the fundamentals ofThere are four participants in an option's trading
stock options trading, in its basic terms so that you(1) Sellers of Puts
can build upon it and trade options profitably. It takes(2) Sellers of Calls
months or perhaps even years of consistent practice(3) Buyers of Puts
to get to the point where you can safely say you(4) Buyers of Calls
know how trade options profitably. So do not expectBuyers of Calls and Puts are under not obligation to
to become a master stock options trader afterbuy or sell their options. This means that they have
reading this article. It should be just a stepping stonethe choice to execute their options, or do nothing at
to many other things you need to learn.all withing the expiry date if they choose.
1. What Is An Option?On the other hand, Sellers of Calls and Puts are
In its simplest terms, an option is a legally bindingobliged to exercise the option they hold on the
contract that gives the buyer of the option, the rightunderlying stock. Thus they can either buy or sell.
to either buy or sell the underlying the instrument, atSome Terms You Need To Understand
a specified price, within a specified time frame.(1) Strike Price: This is the price an investor has to
However, the buyer is under no obligations to carrypay to purchase or sell the underlying stock.
out the buying or selling. In the stock market, the(2) Expiration Date: This is the date by which the call
underlying instrument is either a stock or an index.or put option on the stock must exercised or the
When a buyer acquires an option, there are threeoption becomes completely worthless.
choices he can exercise: he can buy the option at the