How to Trade Options

A Complete Beginner's Guide to Calls, Puts and Income Strategies: Covered Calls, Cash-Secured Puts and the Wheel

Options are not a casino. They are a craft.

Most beginners meet options through a rocket emoji and lose money by Friday. How to Trade Options starts at the real beginning: what a call and a put actually are, why premiums melt, what the fear meter does to prices, and only then, the three income strategies working investors quietly use every month: covered calls, cash-secured puts and the Wheel.

Inside, in plain language with 20 color diagrams:

  • Calls and puts explained in one sentence (a right without an obligation)
  • Time decay: why an option is a melting ice cube, and who collects the drips
  • Implied volatility and IV crush: how you can be right and still lose
  • The Greeks as a simple three-dial dashboard
  • Covered calls: collecting rent on shares you already own
  • Cash-secured puts: getting paid to wait for your price
  • The Wheel strategy, your first defined-risk spread, and the 8 rules of survival
  • A full covered-call year, honestly told: the rent AND the cost of the cap

Worked examples with real numbers in every chapter, a strategy-selector flowchart, and not a single promise of easy money. The print edition adds 16 chapter quizzes and a 30-day paper-trading journal.

Book 2 of the Stock Market Made Simple series. New to charts? Book 1, How to Read Stock Charts, is the perfect companion.

August 2026, ca. 102 Seiten, Independently published, Englisch
Laine Educational Media LLC
979-8-1924-4734-5

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