Understanding Questrade Options
Options on Questrade allow traders to speculate on the direction of asset prices or hedge existing positions. Familiarizing yourself with the basic types of options and how they function is essential before implementing any strategy.
Popular Options Strategies
Among the common strategies supported by Questrade are covered calls, protective puts, and spread strategies. Each strategy serves different investment objectives and risk profiles.
Risk Management
While options can provide flexibility and potential rewards, they also carry significant risks, including the possibility of losing the invested capital. Proper risk management techniques should be employed to mitigate potential losses.
