Not hard to understand. But underlying fundamentals of the game are there. You gotta pick the right direction, or no direction at all. There are a lot of fancy spreads that are used.
don't do what I did when I first got in em and think about hitting home runs on options that are way out of the money just cause they are cheap. There are some good strategies out there just google em. Good luck.
Ace, the first thing is to be approved with your broker and from my experience Etrade.ca is very difficult to trade options especially if you have been trading pennies prior to options,(I don't reccommend them even if you are client like myself), now what I have found to work VERY well is optionsxpress.com, a little more but AWESOME service, realtime options L2 and realtime charting, love them. As for learning the basics, please follow the link below:
I am really getting into options trading too! If I had bought AAPL calls Monday and sold them today I would have had a 6 bagger! I think....o4u? Is that right?