Wellington West



Investor Resource / Education Center

Welcome to the Investor Resource section of this website. The objective of this resource is to provide you with the option basics at your fingertips.  Spend some time in this area getting to know these basics as having a good understanding of these fundamentals will help your success as an option trader.  After you have spent some time in this area, if you are still not able to find your answers to your questions, simply send us an email and we will make sure your questions are answered.


                                                The Basics


 What are Options?
What is a Call Option?
 What is a Put Option?
 Contract Specifications
 In-the-Money
 At-the-Money
 Out-of-the Money
 What is expiration date?


                                              Bullish Strategies

 Buying Calls  Covered Calls
 Bull Call Spreads  Bull Put Spreads
 Short Puts  


                                             Bearish Strategies


 Puts   Covered Put (protected short sale)
 Bear Call Spread                           Bear Put Spread
 Short Call  


                                             Neutral Strategies


Straddles   Strangles
Long Combo  Short Combo
Collars (long)  Collars (short)
 

We hope you can see the versatility of options.  By no means is this list of strategies complete, as we have not covered some of the more complex trades such as butterfly spreads, ratios, repair and adjustment strategies.  Rest assured however that Steve uses many of these trades on a daily basis and would be happy to teach you to use them aswell.  Simply send us an email or give us a call and we will be happy to get you started.  Check the contact us page for our contact info and get started right away!