Options Trading Crash Course: The #1 Beginner's Guide to Make Money with Trading Options in 7 Days or Less!
4.5/5
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Options Trading
Stock Market
Risk Management
Trading Strategies
Time Decay
Mentor
Underdog
Race Against Time
Knowledge Is Power
Risk & Reward
Financial Success
Time Is Money
Financial Trading
Stock Market Speculation
Option Trading Strategies
Financial Markets
Investment Strategies
Implied Volatility
Covered Calls
Profit & Loss
About this ebook
The ORIGINAL Options Trading Crash Course. 2022 EDITION
Do You Want to Know How to Trade Your Way to Success on the Options Market?
For a beginner, the options market is incomprehensible. All that jargon, all those calculations -- it's a hard game to break into and even harder to get right from the start. On the other hand, learning the ropes opens the door to an exciting new way to calculate risk, find the right investments and ultimately make your bank balance happy.
This book is here to teach you how to understand the options market from scratch. By the time you finish reading, you'll know exactly how to navigate your choices -- and how to make them with wisdom.
Let's Get Started With Options Trading!
Options trading is all about understanding what lies beneath the market and this guide will walk you through that exciting process.
Give it ONE WEEK and you'll TRIPLE your chances of making a profit on the options market. Give it a month and you'll see you're not just confident enough to make investments at will, you're doing so in the right way to make a tidy deposit into your trading account.
In this book, we'll cover:
• The types of trade and how each one can bring you a profit.
• Strategies to make the very best use of your investment capital.
• How to see patterns in the market, how to spot great investments -- and how to make money.
• And much, MUCH more.
If You Don't Read This Guide, You Risk LOSING YOUR LIFE SAVINGS on the Options Market
These methods has been proven to work -- a hundred times over. This book will show you that understanding the basic principles of the options market is not nearly so unfathomable as it appeared from a distance. All it takes is a few easy steps and you'll start to feel a difference within a few short days -- and all for less than the cost of a pocket calculator.
Take action! Get this book and start making a profit, today!
Frank Richmond
Frank Richmond dabbled with the stock market since he was old enough to open a checking account. As an economist by training and trade, he found the pull of the market too strong to ignore and set about teaching himself to see the ups and downs, the bears and bulls and the best places to make a successful investment. After almost four decades of continuous practice, he has clocked more than enough time working with stocks and shares to qualify him as an expert. Because everything he knows was learned through experience, he realized that he is in the perfect position to help newcomers navigate those same waters in an intuitive and easily understandable way.
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Reviews for Options Trading Crash Course
11 ratings4 reviews
- Rating: 5 out of 5 stars5/5
May 8, 2025
Delivers on the promise! I can recommend to anyone who can appreciate a strong focus on relevance and brevity. Don’t expect anecdotes or for the author to spend too much time holding your hand; this is meant to be a foundation or refresher course that will prove insightful as well as somewhat steer you in the right direction as you endeavor to spend an entire life wherein you never stopped learning. - Rating: 1 out of 5 stars1/5
Jan 22, 2025
Waste Of Time , Look Like Chat GPT Written . Big No - Rating: 5 out of 5 stars5/5
Oct 16, 2024
Very Informative and simple to understand for beginners to start option tradings. There’s also practical guide on how to execute a trade. - Rating: 5 out of 5 stars5/5
Sep 13, 2023
Very succinct summary of complex concepts, written in a simple & comprehensible manner.
Book preview
Options Trading Crash Course - Frank Richmond
Taking the Risk
For the novice, options trading is a daunting concept. Packed with jargon and seeming to need a degree in math to figure it all out, the very idea of learning the basics has put off countless curious traders.
I’ve written this book to bridge the gap, taking you from thoroughly confused to fully aware of what options trading entails. It’s aimed either at complete beginners who have no idea where to get started or at readers who have dipped their toes in the waters and found themselves floundering.
The book is also aimed at readers who think that options trading is far more risky than its siblings—stocks, bonds, and mutual funds. If you think those are the safer way to go and you’ve avoided options trading until now, I’m here to show you that options are just as fruitful a direction, if not more.
Much as with any other skill in life, options trading gets easier over time. Once you’ve mastered the basics and are fluent in the language, you’ll find that it becomes less and less difficult to decipher the possibilities in front of you and pick the best one. In fact, eventually it becomes like learning to use a tool or ride a bike—you know it so well that you barely need to think about what you’re doing.
So, put your feet up, grab a coffee, and prepare to start the process of understanding. Trust me when I tell you that it’s not nearly so daunting as you might have thought.
What is an Option?
Let’s start out with a basic overview of what options are. An option is a contract that confers upon you the right to buy or sell an underlying stock at what’s known as a specified strike price.
It comes with a deadline—a date by which you must buy or sell in order to attain that price.
You are not obligated to buy or sell by that date— hence, it is called an option
rather than a demand.
However, the cost of purchasing that possibility is set at a premium.
There are two contract types on offer: one allows you to buy a stock at a specified price, which is known as a call,
and the other allows you to sell a stock at a specified price, which is called a put.
In order to start options trading, you first need to select a broker and open a margin account.
Those accounts usually have a minimum starting amount attached to them that is often set at around $5,000.
Those are the basics of options trading, but what does it actually mean and why would you want to do it? That is where the risk comes in because options trading is all about predicting what a certain stock is going to do in the near future.
To illustrate, let’s use an example that’s easily familiar from everyday life such as buying a car. You’ve been saving up for a few months, but you’re not quite ready to head to the dealership—except, one day, you drive past a local salesroom and spot the hatchback of your dreams.
Because you want to buy that car, you decide to speak with the dealer and negotiate. You work out a deal that will allow you to buy the vehicle from him in two months for the price of $10,000. Because the dealer is agreeing to keep the car for you and fix the price, you will also be paying $300 to secure that option for yourself.
The two months start to pass and one of two things might happen:
The dealer opens the hood of the vehicle and discovers it has an engine system that’s completely one of a kind and was a test by the manufacturer. That makes the car ultra-valuable as a collector’s item. Under normal circumstances, the dealer would instantly double its asking price—but, because he made an agreement with you, he can’t. He is obligated to sell that car to you as long as you buy it before the two months are up. Obviously, you’re keen to exercise that right, so, you purchase the car for $10,000 and decide to sell it for $20,000—doubling your money in the process.
The dealer opens the trunk of the vehicle and discovers that it contains a dead body. It’s removed and the car is cleaned but the police investigation causes quite a bit of damage. The value of the vehicle halves and, under normal circumstances, the dealer would slash the asking price to $5,000. However, because you entered into the agreement, the dealer must still sell you that car at the agreed price of $10,000. On the other hand, because you as the buyer are not obligated to make the purchase, you can always decide to walk away and see what the Toyota dealer has in stock instead. You won’t have lost because of the $5,000 value, but the dealer will get to keep the $300 you paid to create the opportunity for yourself in the first place.
That, in a nutshell, is how options trading works. As the buyer of an option, you are in exactly the same position as you would be if you had gone out to buy that car. You
