Options Trading

18 March 2008
Was talking about options trading over dinner last night. What are options? I finally found out 'An option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. An option, just like a stock or bond, is a security. It is also a binding contract with strictly defined terms and properties.'

I've learnt to trade since going out with Alan, he's a home trader, he loves anything that relates to trading. His tons of trading books at home, the trading software that he bought that causes him a few thousand dollars and more. Hence he's never a 9-5 person, that's why he's finding his way out of all these routines. He once told me that his dream is to travel around the world with me, but he couldn't do that now. I appreciate his plans and efforts though. I have faith that he will be able to do it one day!