Band of Traders - Together We Trade Options 101 with Christopher Boorman
In this special bonus episode, Dan and Kyle sit down to explain the basic options terms and some of the factors that determine a contracts premium. Afterwards, Christopher Boorman joins in for a Q and A session. Among the items discussed are covered calls, call spreads and the pros and cons of underwriting options contracts. We also talk about when to cut losses and cover certain scenarios when it's beneficial to exercise contracts.
Christopher Boorman has spent over 20 years in the Financial Services I.T. space, working for nearly every insurance company in Hartford. While looking for his next opportunity in accounting, finance or operations, he’s managing his retirement funds with options trades and building a side hustle as a Christian speaker. Check out his YouTube channel Christopher Boorman Speaks for short inspirational videos and don’t forget to like, subscribe, comment and share!
Guest Links:
Episode Links:
Financial Ineptitude Knowledge Center
David Moadel Explains "The Wheel"
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