Options can provide more experienced self-directed investors with tremendous flexibility as they can be used to hedge and speculate. Options trading carries varying levels of risk depending on the strategy used. While buying calls and puts limits your risk to the premium paid, selling options or using complex strategies can expose you to significant losses. It’s essential to understand how options work and the risks involved before you begin trading in options.
To read more about options trading at Qtrade, start with our article.
The Chicago Board of Options Exchange (CBOE), the largest North American options market, offers a robust suite of free online courses, tours and tools through their Options Institute’s Education Centre. If you are interested in learning more about options and how you could start using them in your portfolio, you may want to check out their educational material, available here.