Mark Wolfinger Helps a New Option Trader Get Started

TradeKing All-Star Blogger Mark Wolfinger helps a new option trader get started

Hi, I have read couple books on option and got a good sense of how it works. But when I try to use it on TradeKing, I got confused by the selections. Can anyone please explain how each work and an example of each would be great?! Thanks

1. Sell to open

2. Sell to close

3. Buy to open

4. Buy to Close

covered calls

covered call

spread

http://www.tradeking.com/ODD

additional risks and multiple commissions

FINRA

SIPC

http://www.tradeking.com