According to the Options Clearing Corporation (OCC), the average daily options volume was 6,470 in 1973, the year in which listed, exchange-traded options first launched. Since then, the average daily options volume has increased to 16,443,005 – 2,500 times more than it was over 40 years ago.
And since weekly options started trading, they’ve become the most widely traded of any options class – averaging 25% of any option on the S&P 500.
There’s a reason for this… seven, actually.
The first one alone could double your money this week.
Take a look at all seven…
- Options Can Easily Double – or Triple – Your Money
Options offer an amazing versatility that you can use in a variety of ways to profit from a rise or fall in the underlying market. And in times of high market volatility, options are a welcome relief from the uncertainties of traditional investing methods.
- Options Safely Provide You with Leverage
When you buy stock, you’re at the mercy of the markets, which could cost you bigtime. In fact, U.S. stocks are more expensive now than ever before. So, for example, if you want to buy one share of Amazon.com, Inc. (NASDAQ: AMAZN), you would have to spend around $728 dollars… for a single share. And more often than not, people want to own more than a single share of stock in their portfolios.
But with options, you can actually control 100 shares of an expensive stock like AMZN for as low as even $500. Just imagine the kind of money you could make controlling 100 shares of stock at $500 compared to trading just one share of stock at over $700.
- Options Reduce Your Risk
I’m willing to bet that you have insurance on your car or house because it’s the responsible – and safe – thing to do. Think of options in the same way. They can provide you with the same kind of safety net for your investments and trades.
Since you can control shares of a specific stock, you can also increase your leverage without tying up a large amount of capital in your trading account. And as I mentioned above, options are extremely versatile and offer strategies you can use to boost your profits while minimizing your risk… a luxury basic equity positions simply don’t offer.
- Options Allow You to Trade All Markets
You can quickly – and easily – create a potentially unlimited stream of income by simply adding options to your portfolio. And the best part is… you’re not limited by market direction. Whether the market moves up, down, or sideways, there’s always a way for you to profit using options.
- Options Aren’t Just Tools for the Elite Anymore
Options used to be reserved for the elite few. But not anymore… Now options are accessible to all people. And virtually any discount broker provides access to them.
- You Can Start with Very Little Money
One of the best benefits of trading options is that you don’t need much money to start. While the minimum amounts to start trading vary from broker to broker, most brokerages only require a deposit of $2,000 or less.
- Options Have Never Been Easier to Trade
When people first started trading options, they mainly had to rely on newspapers and brokers to find, place, and track their trades. Nowadays, you can search for and place your trades online. And you can track your trades in a matter of seconds – and free of charge – using financial websites like www.cboe.com and www.finance.yahoo.com.
Not only does trading options take very little of your money, there’s never been so much information available at your fingertips for you to earn while you learn. Here’s how you can get started.
And in the next few days, I’m going to tell you something extremely important that could make or break your trades. So stay tuned.