1. New to Options? Start with the Learning Guide For investors who are new to options, one of the most important things to understand is how an option’s price may change under different expected market movements. To make this easier, we have prepared a beginner-friendly learning guide to help you better understand how options work in different scenarios. For example, let’s say we are bullish on TSLA and expect the stock price to rise sharply. In this case, a commonly used strategy would be to buy call options. Assume today is 1 February, and we expect Tesla’s share price to rise from the current US$422 to US$443 by 18 February. Looking at the call options expiring on 6 March, we can see that not every call option would generate a profit under this expected scenario. For example, the call o