The Options Millionaire
Join Peter and Travis as they provide you with invaluable insight into the world of options trading. Peter and Travis joined forces back in 2015 when Peter was a student of Travis' extremely popular and successful course, The Success Academy. From there, the two Co-Founded the Options Wealth Academy where they teach students to build six and seven figure account using options. Peter and Travis decided to share their knowledge and love of options trading by starting this podcast. So if you love options, or you've never heard of them and want to learn more, subscribe and join the community.
The Options Millionaire
Trading Put Options
In today’s episode, I want to cover Put options. And the reason is because I want to clear up a few things when it comes to trading Put options.
To begin, let’s review the definitions of a Put Option Contract.
A Put options gives the buyer the right, but not the obligation to sell a security or ETF at a specified price on or before the expiration date.
When a trader sells a Put option, they are now obligated to buy shares of a security or ETF at a specified price on or before the expiration date.
It’s important to understand the distinction between buying and selling an option because the risk parameters change significantly.
Be sure to head over to:
www.optionswealthacademy.com for the blog post on this episode.