Trading options can be a viable means for a disciplined trader to profit in the market. You don’t have to have a significant amount of money to start trading but it is important that you have the right platform. One of the best available is the “Think or Swim” platform because it’s designers seem to have a real world handle on what options traders need most.
Options trading is mostly about managing the indicators like you might the financials of a business. The main indicators to be aware of are “Delta”, “Gamma”, “Theta”, and “Vega” as these measure really drive your contract decisions. It is important to understand that effective trading is not one dimensional. Many people will make the mistake of reaping what they can at the first sign of trouble. Using the Analyze tab within the TS system paints a bigger picture and may greatly increase your earnings.