My Investing Club has launched a mentorship program for day traders who want to learn options trading.
The trading community’s new program includes an in-depth look at options trading and how to pick stocks using fundamental analysis. With the one-on-one mentorship program, traders will learn when to exercise options contracts – also called puts and calls.
For more information, visit https://myinvestingclub.com
“My Investing Club”’s most recent mentorship program coincides with a Charles Schwab article about options trading and how it can be used on different financial products, including equities, indices, and ETFs.
To be able to pick the right stocks from the wider range, “My Investing Club” recommends using fundamental analysis, which is the practice of identifying stocks that are poised to grow within a period of time. This can be done by analyzing the company’s business model and its influence in the sector that it is in.
“My Investing Club” explains that an option is a contract that gives the trader the right to buy or sell any financial product at a price that was agreed upon but only for a certain amount of time. When a person does options trading, they are not trading shares or ownership, they are trading the right to buy or sell the company’s stock.
With options trading, there are two main positions: calls and puts. A call gives the contract owner the right to buy, while a put gives them the right to sell. In general, calls are purchased when a trader expects the stock price to go up, and puts are purchased when they expect the prices to go down. “My Investing Club” states that this is a general rule, and some differences can be observed if traders prefer going long or short.
Fundamental analysis has been used by traders for decades, and they are usually utilized for long-term or long bias trading. “My Investing Club” points out that this analysis relies heavily on metrics such as earnings per share, price-to-earnings ratio, price-to-earnings growth, and dividend yield. These metrics are important for options day traders because the focus is more on the current stock price and the growth or future prospects of a particular company.
More information is available at https://myinvestingclub.com