If you've purchased a stock option, it might be "in the money." But what does that actually mean? Let me break it down for you. Read More

Robinhood is a brokerage with bare-bones services that can help you generate a positive return on your options trading. We examine the pros and cons of using Robinhood. Read More

If you’re just getting started with options, you might have learned the hard way about the different levels of trading. That could happen, for example, if you tried to place a spread order only to be informed by your trading platform that you’re not approved for Level 3 options trading. Read More

How would you like to profit from a stock that you think will rise significantly in the short term while limiting your loss if it tanks? If so, then you should check out the short broken butterfly options strategy. As the name implies, a short broken butterfly (or short skip-strike… Read More

If you’re an active options trader (or planning to become one), you’ll want to choose an affordable online trading platform that offers outstanding service. For many options traders, that choice comes down to Interactive Brokers Group (IEX: IBKR) versus Tastyworks. But which one is best? The answer to that question… Read More

So you’d like to start day-trading options for income? That’s great, but first you need to know about the nature of options and the risks involved. Otherwise, you could end up losing a lot of money. Beyond that, you need to develop the self-confidence necessary to become a profitable day-trader. Read More

When it comes to choosing an online broker, there are countless choices. But are some of them better for options trading than others? In a word: yes. For starters, you need to pay attention to commission costs. If you pick a broker that charges a high fee for trades, any… Read More

If you’re serious about making money with options, then you might be asking yourself: “What is the cheapest brokerage for options trading?” First of all: congratulations. It’s a very good that you’re even asking that question. Trading options can get very expensive with the wrong broker. That’s especially the case… Read More

If you’re new to trading, you might be wondering if options trading can put you into debt. In a word: yes. However, it doesn’t have to. You can also trade with no debt. The choice is up to you. In this guide, I’ll explain how trading options can put you… Read More

How much does an option change in value as its underlying stock price moves one way or the other? The answer to that is the delta calculation. Delta is one of “the Greeks.” Those are statistical values that give you important info about options. Other Greeks include theta, vega,… Read More