Option trading is a type of derivative trading where you trade contracts that give you the right, but not the obligation, to buy or sell an asset at a specific price on or before a certain date. It’s a complex form of trading that requires a deep understanding of financial markets, risk management, and strategic planning. Here are some tips to help you navigate the world of option trading. Understand the Basics: Before diving into option trading, it’s crucial to understand the basics. Familiarize yourself with terms like ‘call options’,…
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