Options Boot Camp

Basic Training: Futures Options vs. Equity Options We've talked about how to use options to mitigate your portfolio risk, but many traders also rely on commodities diversification as a way to mitigate portfolio risk. Futures options strategies: All of the options strategies we've discussed on this program in the past are applicable to futures options as well with a few exceptions Covered call & protective puts both require underlying futures positions - something most traders prefer to avoid. Most traders looking for diversification typically want bullish exposure to the underlying. Some great options strategies for this include: Stock/futures replacement strategy Vertical call spread Spreads with wings Futures are useful for traders who want to establish sizable positions with a minimum of outlay Options on futures can be useful for traders and asset managers who want exposure to alternative asset classes but can't or won't trade futures. You'll need a futures account to trade futures options - but if