Listen "Options Bootcamp Episode 7: Back to Basics"
Episode Synopsis
Roll Call: Mark and Dan introduce the newest Drill Instructor, John Critchley from SogoTrade. Find out more about SogoTrade, from its philosophy to its commission structure. Basic Training: What you need to know Why should someone trade options? What's in it for different levels of traders? Will you be able to drive a Maserati tomorrow? How options work: the honest breakdown. Believe it or not, options can actually reduce risk. The negative connotation of derivatives. The concept of the multiplier. Why trade options? Mail Call: Giving listeners a chance to steer the discussion. Can you exercise options early? What happens when options are exercised? How options settlement works. When is premium credited to an account?
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