Charts are a great way to determine the stock market trends, and allow you to predict where a stock is headed.
The right way to chart your stock market option is by using stock diagrams of the underlying shares. While you can place a stock option on a chart, it doesn't help your stock trading as much as looking at how the base stock itself trades. Find out more by going here: http://stockmarkettrendsx.com
You can use stock options as a replacement for the exact stock you wish to invest in, or even for a stock market index. Just one stock option gives you control over 100 shares of stock. You can consider to buy or sell a stock at a particular price, by a actual time. You will not have to execute the option, due to the fact while you have the right to the terms set forth in the stock options contract; you are not given the duty to do so. That obligation belongs to the seller of the stock options contract. You might choose to get rid of the stock options contract after you obtain it for a gain or loss, or you may decide to carry through your stock market options and take the stock at the cost that you decided to go with when you bought the option originally.
In order to get live stock option quotes, you will likely need to enroll in the exchanges that the options buy and sell on. Check with your broker and your data provider if they aren't provided for zero cost. The fees are minimal, but essential if you are going to trade stock options. Unless of course you are end of day trading them, you will require live quotes. Trading options is an auction market comparable to trading stocks. There is a bid and an ask and once price is agreed upon, the trade is recorded and the trade goes through.
Stock options can be traded by starters and experienced likewise, but no matter how much experience you may or may not have, one thing is certain. You must adhere to risk all of the time. Without that respect of risk, you are taking the likelihood that you won't succeed in the industry of stock trading.