I learned about writing ( selling ) call options when I was a member of the Motley Fool subscription service.
Option contract trading involves getting approval from your brokerage firm
Bluecollarinvestor.com has quite a few beginner videos explaining in simple terms how call and put option trading works and enhances your investment returns
Option trading can be very risky , especially when you are BUYING calls ( betting a stock will go up) or BUYING puts ( betting a stock will go down)
I use a conservative approach. I SELL covered calls against my holdings , these types of option contracts pay you a premium . You are betting that your stock position does not exceed a certain price on a set future expiration date.
There are,several websites where you can " paper trade' options before you go live. It's crucial to know what you're doing, always remember that there are two sides to every trade and you want to be on the correct one
In other words... Take the Wall Street Bull by the horns!