In this Options 101 for layman, we will start with very simplified concept then slowly build up the concept, and then discuss some very basic option strategy you can apply immediately. This 101 only covers the very basics, so that you can get started with options. For more advance stuff, more Explained Simply posts will be coming
Let's get started
In options trading, we first need to understand 2 fundamental concepts for options. Which is CALL option and PUT option...

hey all. I'm going to provide a small write up because I've been drinking too many celebratory beers. (Industrial Arts - Wrench)
TRADING SPY is essentially trading the market as a whole. But there are some interesting things to note:
1.) During volatile periods (when 20-day volatility exceeds 20%), traditional fundamental indicators significantly underperform sentiment-based signals.
The data shows market psychology dominates during volatility, not underlying fundamentals.
Guiding your decisio...

At the end of the shareholder meeting, Buffett suddenly announced that he will resign as CEO of Berkshire Hathaway by the end of the year. He will recommend that Greg Abel, the previously announced successor and Vice Chairman of the company, take over as CEO at year-end.