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Chapter 2. Into the Marketplace > Chapter 2 Major Learning Points

Chapter 2 Major Learning Points

In this chapter you have learned:

  • how to read options prices on your screen.

  • how options contracts work and that with stocks, a contract represents more than one share.

  • how options expiration dates and exercise prices work.

  • margin—its benefits, risks, and characteristics.

  • the different types of trade orders in the market.

  • leverage with options.

  • a brief understanding of Delta.


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