Would you like to learn how to trade options for monthly income? Don’t just join any options course. Before choosing, there are many things to think about. Is the course taught by real option traders? Is live mentoring included in the course? Does the company answer your emails quickly? Can they be reached by phone? Are there references that you can talk to before joining?
Before we go through our discussions today, I am hoping that you are starting to see your stocks moving up. This document is the second of a six-part article with video tutorial complementing each part. If you wish to learn the promising business of trade options, then I suggest you watch all of the videos.
This afternoon we will be talking about traditional ATM (At The Money) option trading strategies. Is it true that they work? In my opinion, “they do work” but then in a long-term “they do not”. What we are really talking about here is first of all, what are the income choices strategies? The most usual ones are: the Diagonal Spread, the Calendar Spread, Credit Spread, the Iron Condor, Covered Calls, and Butterfly Spreads.
I had an interesting conversation with an option trader today who is still searching for the secret to making consistent returns with option trading. He said many things that I absolutely agreed with.