Hello, are you ready to decode the 5-step guide to successful options trading.? Options trading is a type of derivative trading that allows traders to buy or sell an underlying asset at a predetermined price on or before a specific date. The first step towards success in options trading is to learn the basics, including the difference between call and put options and the strike price versus the spot price. Proper market analysis should be undertaken to understand the underlying asset and frame a trading strategy. The appropriate options strategy should be chosen based on trading goals and risk tolerance. The next step is to select the most suitable option contract from the option chain. Finally, traders should execute the trade, starting small and gradually increasing investment while utilizing demo trading accounts to minimize risks and increase their chances of success. We recommend you to take the best option trading course available on Upsurge.club to learn and strategize options trading - https://www.upsurge.club/course/basics-of-options-trading