Max analyzes the psychological framework of a successful options buyer or seller and the decisions that a person must make regarding his risk posture and strategy.
An options trader must first decide which side of the trade to take, buying options or writing them. You will learn the three major benefits and one big negative of buying options, as well as important rules for selling and buying them. You will learn how to pick the right underlying future, stock, or index on which to trade options and how to determine what size position to take.
