Summary of Brian Overby's The Options Playbook

Excerpt From Summary of Brian Overby's The Options Playbook

#1

Options are a way for savvy investors to leverage assets and control some of the risks associated with the market. They can be used to cut losses, protect gains, and control large chunks of stock with a relatively small cash outlay.

#2

For rookies, I've created a brief overview of how options work and outlined some strategies to help get you started. However, be warned that all option trades involve risk and aren't suitable for all investors. Option contracts usually represent 100 shares of stock, so be careful. You should avoid trading more options than the number of shares you're used to.