# Options Trading

Skill · Finance and Accounting

Canonical page: https://career.thegoodapps.co/skills/options-trading

Options trading involves buying and selling options contracts, financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset (like a stock) at a specified price before or on a certain date. Traders use options for purposes like hedging risk, generating income (e.g., through covered calls), or speculating on price movements with leverage. It requires understanding concepts like strike price, expiration, and volatility, and is practiced by both retail investors and professional traders on exchanges like the Chicago Board Options Exchange (CBOE).

Related skills: [Technical Analysis](https://career.thegoodapps.co/skills/technical-analysis), [Risk Management](https://career.thegoodapps.co/skills/risk-management), [Portfolio Management](https://career.thegoodapps.co/skills/portfolio-management), [Stock Trading](https://career.thegoodapps.co/skills/stock-trading), [Call Options](https://career.thegoodapps.co/skills/call-options), [Put Options](https://career.thegoodapps.co/skills/put-options), [Binary Options](https://career.thegoodapps.co/skills/binary-options), [Short Selling](https://career.thegoodapps.co/skills/short-selling), [thinkorswim](https://career.thegoodapps.co/skills/thinkorswim), [Derivatives](https://career.thegoodapps.co/skills/derivatives), [Candlestick Trading](https://career.thegoodapps.co/skills/candlestick-trading), [Futures Trading](https://career.thegoodapps.co/skills/futures-trading)

## Open roles requiring Options Trading (0)

None of the roles we have read name this skill yet. A large share of the visible corpus has not been parsed for skills, so this is at least as likely to be our backlog as the market's verdict.