Ep 169: Options For Beginners - Part 2: Option Strike Price "Secrets"
As you will learn in this podcast, it will affect your returns and it could even make or break you in the market.
In this podcast, you will learn...
- what a strike price is,
- the different intervals for strike prices,
- how to pick the right strike price,
... and much more.
Recommended Links & Videos:
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
When To Take Profits On Options: https://www.youtube.com/watch?v=j-iB_hPjbcE
Pattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4
Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.
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