: About Me

Paul Oranika is a published author of four books available on Amazon.com. His most popular books are "Hedge Funds: Investment Vehicles for the Global Economy", and "Nigeria: One Nation Two Systems". Paul's articles have been published in many magazines and Newspapers, including the Atlanta based Publiciti Magazine, and Derivatives Japan, a Tokyo based Newspaper Publication. Mr. Oranika enjoys writing and still do freelance work at his spare time. Email Paul at oranika@aol.com

Personal Finance > Stock Market Options trading basics

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Historical Facts About Option Trading Option trading started in the Chicago Board Options Exchange (CBOE). According to CBOE, the first option contract began trading on April 26, 1973, and 911 Option contracts were traded on that day. There are two types of options instruments, one is called Call Option and the second is known as a Put Option. A call option is a bet that the stock will be worth more than the price set by the option (called the strike price). A put option is a bet that the stock's price will go down below the price set by the option (and often considered much riskier, becau...

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