Options Basics 4—How to Use the Options Calculator

To use a live version of the calculator, click here to visit the Wanderer Options Calculator Page. The Option Calculator can be used to easily calculate the quantity of at-the-money options you should trade in … read more Options Basics 4—How to Use the Options Calculator

Options Basics 3—Calculating Option Risk

How do we calculate the risk of an option.

Options Basics 2—Reading an Option Chain

There are a few basics to understand about reading an option chain.

Options Basics 1—Calls and Puts

Options for Beginners Options are derivative contracts that allow buyers of the contracts to buy (using calls) or sell (using puts) a security at a chosen price (strike price) on or before a specific date … read more Options Basics 1—Calls and Puts

Options Terminology

If you’re new to options trading, the terminology can get a bit confusing. Here are the most common basic options trading terms you’ll run into. We’re putting this up as a sort of options cheat … read more Options Terminology