An option gives you the right to buy a stock at a certain price for a certain amount of time, without actually buying the stock.Options allows you to participate in the ups and down of a stock price without actually owning the stock.
The condition of the stock market does not matter it could be up or down.
Options strategy can be very conservative or very aggressive depending on the trend and forecast for the stock.
An option allows you to use a small amount of money for large gains.
How an Option is traded ?
To begin trading a broker is needed. The broker of choice is Trader XP, A broker with a choice of stocks, commodities or forex options in the binary options market with multiple expiry times.
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