Investors often have things like stocks, mutual funds, bonds, etc., in their portfolios. But there are other types of securities that can be traded. One of those is called an option, and trading these can open up a whole different world of investment opportunities. It's not always easy to understand exactly what an option is, let alone how to trade and profit from them. That's why we are going to take it nice and slow for starters. Don't worry, because the later chapters of this book will get into the more complicated stuff, for those of you who catch on quickly.

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