Jan 23, 2018 · How to get started trading options. What is option trading? I’ve been asked this by so many people over the years that I finally decided to write an article covering the basics of options trading. So this article is designed to be an options trading tutorial guide. THE ULTIMATE GUIDE TO THE WORLD OF OPTIONS TRADING Finally, there are two types of option contracts: Call options , which give the holder the right , but not the obligation, to buy the underlying stock; and put options , which give the holder the right , but not the obligation, to sell the underlying stock. Most beginners are confused by puts so we’ll begin with calls.