Remember when things were simple? When a call was something you got when you were in the bathtub? When premium was what you put in your car? When exercise was advice from your doctor, not your broker? What are options anyway and who trades them and why should you?
Don`t worry, you won`t need a calculator or a slide ruler!
This report will introduce newcomers to option trading terminology. As you go through the basics you will be exposed to key terms that will become clearer as you progress through this short (and humorous) presentation to options trading.
Note: Trading futures, options on futures, and/or retail off-exchange foreign currencies involves substantial risk of loss and is not suitable for all investors.