I am very new to option trading. I have read many articles and viewed videos regarding option trading but still i am afraid of trading options because my lack of full understanding of options itself. Before putting my real money into option trading i want to carry out paper trading with NSE pathshalla. But I am not able to fully comprehend the concept of options? eg what strike price should I use for a trade. Option trading is one of the most confusing concept in the market.
Can anyone with option trading experience will mentor me or others like me (using NSE pathshalla) to teach about option trading ?
Example (long call stragtgey): the mentor would recommend buy call option for certain contract (ACC nov ) with a strike price of x and tell us why we are using this strike price and when is the best time to square off.
I just want to learn the basics of option trading by experience from a professional trader.
example: current NIFTY is 8111 if i consider the current trend of nifty as down then i should use put buy option but what should be the strike price? 8100,7900,8000 etc
Example (long call stragtgey): the mentor would recommend buy call option for certain contract (ACC nov ) with a strike price of x and tell us why we are using this strike price and when is the best time to square off.
I just want to learn the basics of option trading by experience from a professional trader.