Introduction: In the world of finance, there are various avenues for individuals to grow their wealth, and option trading is one of the most intriguing and potentially lucrative strategies available. Option trading provides traders with the flexibility to profit from price movements in underlying assets without having to own them. In this article, we will explore the basics of option trading and how it can be a powerful tool for investors to increase their wealth. Understanding Options: Options are financial instruments that give their owners the right, but not the obligation, to buy or sell an underlying asset at a predetermined price, known as the strike price, within a specified time frame. There are two primary types of options: call options and put options. Call options provide the holder with the right to buy the underlying asset, while put options grant the holder the right to sell it. Leverage and Risk: One of the key attractions of option trading is the ability to use lever...
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