Introduction to Forex Options
Forex options give you the right, but not the obligation, to buy or sell a currency pair at a specific price before a certain date.
Call and Put Options
A call option gives you the right to buy a currency pair, while a put option gives you the right to sell a currency pair.
Options Strategies
Learn various strategies like protective puts, covered calls, and straddles to enhance your forex trading arsenal.
Risk Management with Options
Options can be used to hedge existing positions and manage risk in volatile markets more effectively.
Understanding Options Pricing
Factors like time decay, volatility, and distance to strike price all affect option pricing and profitability.