Options Strategies & Basic Concepts
Basic Of Option strategy: Definition of an Option: An option is a contract that gives the buyer the right to purchase or sell an underlying asset at a set price by specific expiration date. Itβs a right, but not an obligation, to purchase or sell the asset. Options are simply trading vehicles. The level of risk is correlated to your position size and the odds of success in your time frame before contract expiration. The same principles of practical trading…