Your First 3 Trades

1. Long Call — "I think it goes up"

Stock $100, buy $100 Call for $3. Max loss $3 red. Max gain green unlimited. Breakeven $103.

2. Long Put — "I think it drops"

Stock $100, buy $100 Put for $3. If stock to $80, sell at $100, profit $17 green.

3. Bull Call Spread

Long $95 Call $6 + Short $110 Call $2 = Net $4. Cheaper, limited risk. Loss in red below $99, profit in green between $99-$110.