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when i first heard about options trading i immediately thought about risky plays in the stock market where you can make a lot of money really fast but you can also lose it all really fast after educating myself about options trading i wanted to see for myself and see if its an option for me see what i did there so i started with purchasing call options which im not going to cover in this video but to give you a short explanation if you purchase a call option you buy the right not the obligation to purchase a specific stock at a specific price within a specified time so youre basically hoping for the stock to appreciate in value so you can either sell the option for more money or exercise the right and purchase the shares at the strike price alright so i started purchasing call options and um i had some good trades i had some bad trades and i quickly realized i dont know what im doing here so instead of betting and hoping for a stock to appreciate in value i had to change my strate