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How to Win Big by Simply Buying Calls and Puts Members Public

Buying calls and puts is the simplest way to start trading options. A call option gives you the right to buy a stock at a specific price, making money when the stock rises. A put option gives you the right to sell a stock at a specific price, making money

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Rookie Education

The 5-Minute Guide to How Option Prices Move (Delta & Gamma Made Easy! Members Public

When trading options, understanding how option prices respond to changes in the underlying stock is essential for success. Two key concepts that explain this relationship are Delta and Gamma. Delta measures how much an option's price will change when the underlying stock price changes by $1. Gamma measures

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Rookie Education

ITM, ATM, OTM: How to Pick the Right Option Every Time Members Public

When trading options, one of the most fundamental decisions is selecting the right strike price in relation to the current stock price. Options are categorized into three main groups: In-The-Money (ITM), At-The-Money (ATM), and Out-of-The-Money (OTM). Each category has distinct characteristics, risk-reward profiles, and appropriate uses in different market scenarios.

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Rookie Education

Strike Price, Expiry Date, and Premium: Your Profit Recipe Members Public

Every options contract has three essential components that determine its value and behavior: the strike price (the price at which you can buy or sell the underlying stock), the expiration date (when the contract ends), and the premium (what you pay or receive for the contract). Understanding how these three

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Rookie Education

Calls and Puts Explained: Your Fast Pass to Trading Power Members Public

Calls and puts are the two fundamental types of options contracts that form the building blocks of all options trading strategies. A call option gives you the right (but not the obligation) to buy a stock at a specific price within a certain time period. A put option gives you

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Rookie Education

Options vs Stocks: Which One Wins in the Real World? Members Public

When comparing options and stocks, we're essentially looking at two different tools for participating in the financial markets. Stocks represent actual ownership in a company, while options are contracts that give you rights related to a stock without requiring ownership. Each has distinct advantages and disadvantages that make

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Rookie Education

Understanding Data Review and Self-Improvement Members Public

Data review and self-improvement is the systematic process of analyzing your trading performance to identify patterns, strengths, weaknesses, and opportunities for growth. It involves keeping detailed records of your trades, regularly reviewing both wins and losses, recognizing recurring patterns in your trading behavior, and using these insights to refine your

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Rookie Education

Understanding Execution Skills Members Public

Execution skills refer to the practical abilities needed to place trades quickly, accurately, and efficiently when real money is on the line. These skills include knowing which order types to use in different situations, using hotkeys for rapid entries and exits, making decisions under pressure, and mastering your trading platform&

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Rookie Education