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1. Getting Started with Personal Finance Options Q1A. I’ve never traded options before. How do I get started? A. If you don’t have it already, get approval from a broker to trade options. Note that even if you’re happy with your current broker for equity trades, you may want to… Read More

This month’s Personal Finance options recommendation includes two strategies, selling a covered call and selling a naked put on T. Rowe Price (Nasdaq: TROW) as described below. If you already own shares of T. Rowe Price, then you should consider selling a covered call against that stock position, but if you… Read More