Buying Options for Stock Speculation
Summary
Buying an option is a limited risk, speculative trade that aims to profit from correctly forecasting a stock price move. See why success or failure depends not only on the price of the underlying stock but also on the trader's choices about strike prices and expirations dates.
Speaker
Investor Education at E*TRADE from Morgan Stanley
David D. Whitmore has taught investing and trading to thousands of individual investors for more years than he wants to admit. With expertise in a wide range of topics including stock analysis and selection, technical analysis, risk management, options, exchange traded funds, and futures, Dave has created and delivered compelling education in many settings. He holds an MBA from New York University, a BA in business economics from University of California Santa Barbara, FINRA series 7 and 24, and NFA series 3 licenses. Dave lives in New Jersey with his wife and two kids where he enjoys golf (a lot), skiing, almost all sports on TV, crosswords, Jeopardy, jazz, and backyard ornithology.