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OPTIONS-TRADING-BASICS5 MIN READ

Commit to a First Paper-Trade Checklist

Create a specific paper-trade checklist commitment before any live options order.

commitment-card checklist before-after Complete one options paper-trade checklist before any live order is considered. Use this for a real option chain you are tempted to trade, preferably after market close so you can think without execution pressure. When I open an options chain and feel tempted by a low premium contract When I compare two strikes for a paper trade and one looks cheaper in dollar terms When I reach the brokerage order ticket for any call, put, or spread When an earnings or dividend event makes an options trade feel urgent I will paper-trade [ticker/contract] only after writing thesis,…

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