Hi DanPickUp, Tvrssvk,
My views on the chain of posts between you..
You both are correct at your position. But lets accept that there are different type of people in this world and they can have different approach to learning.
On one extreme, there are some who are independent and they can jump into books and don't need any help to master new subject.. On the other extreme there
are people who need regular instruction, handholding, to build the confidence and after sometime they are ready to go on their own..
It is nothing but individuals personality and we got to accept this diversity. Probably, you both share contrasting learning approach. So please respect the diversity.
And do forget, that we are in public forum, and we all have the "Right to Ignore". So feel free to use when required.
Tvrssvk, Dan is mentioning about software which certainly helps a lot.
www DOT samoasky DOT com site has a option analysis software.. It is free to download and install. And it has connectivity to NSE server so u can get NSE data and analyse it.
Plz search TJ forum for more details on how to configure etc.. But please go thru proper material first that was shared by Lazytrader, DanPickUp in previous posts..
At the minimum, you shd understand
1) Breakeven point
2) Risk Graph of a strategy
3) Basics of option pricing, components that affect option price
4) Strategy and their suitable market conditions for them.
5) Know the risk graph of = Long Call, Long Put, Short Call and Short Put as best as possible. If you know them, then u can draw the risk graphs of most of other strategies with this much info.
6) After that move on to spread strategies (which is the focus of this thread)
I can't recall any other point right now but will add more points in future.
Happy Trading