Paying $3000 to learn how to trade option. Is it worth? Do you know a better place to learn it with less cost?

YooHoo asked:


I went to this workshop on how to trade options. They charge $3000 for 2 days sessions. Do you know where I can get to learn it with less cost or no cost?

Alex Silverstone

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Tags: Options, Sessions, Trade Option

This entry was posted on Sunday, July 27th, 2008 at 2:22 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

6 Responses to “Paying $3000 to learn how to trade option. Is it worth? Do you know a better place to learn it with less cost?”

1. Pancakes Says:
   July 30th, 2008 at 3:09 am

   Your local library. Trading options is too simple to be charged $3000 for.

2. mrdowjones@sbcglobal.net Says:
   August 2nd, 2008 at 12:55 am

   No, option trading is for professional or “seasoned” traders. Trading options are very risky for the most part for individual investors. Do options belong in some stock portifilios, of course, but they are not for everyone.

3. DCentGuy Says:
   August 4th, 2008 at 2:38 pm

   No.

   $3000 is too high a cost to pay to learn what’s all free and available all over the net.

   Go and download the “OPTIONS TOOLBOX” and play with it. Everything you need to know is there.

   You can get this from

   Explore CBOE – Chicago Board Options Exchange, for wealth of free information on options. There you have links to other sites too – Options institute etc.

   Buy the book – Options as a Strategic Investment by Lawrence G. McMillan, for lot less than $3000 ( think it’s $50 at Amazon.com )

   p.s.
   Mr.DowJones assessment that Option trading is riskier cannot be more wrong. On $ for $ basis, with respect to Risk & Reward, stock trading is lot riskier than option trading. Options goal is to minimize risk and maximize reward. No such thing with stock trading

4. Nick C Says:
   August 5th, 2008 at 2:17 am

   Local library, take out some books. A couple of dollars in late charges.

5. Singh Says:
   August 5th, 2008 at 10:02 pm

   i sent MSFT 22.50 call at .55 now .90 cents in 5 days. join my group scalptrading . i send free alert. i sent PEIX 35 JUNE PUT when it was 40 . option price was 2 it hit 14 almost 700% .
   NO charge. I just post what i buy.

6. kgirishraman Says:
   August 6th, 2008 at 10:59 am

   Dude…
   I can teach you how trade NYSE stocks…
   (bottom line is to make money, either you trade stocks or options.. what you earn are called DOLLARS)

   I have been a professional day trader.. for quite sometime now..
   May be I can teach you how to day trade…
   15 days…

   Let me know..

   Girish

   Learn Free Day Trading Online,Intraday Trading Course, Learn Day Trading Free.