Options trading

I would like to know about options trading. Specifically I would like to know how it works and whether it is worth doing. If anyone can help I will be much obliged. Thank you.

I think you'll need to narrow the question down just a wee little bit more...

options trading means a security that allows currency traders to realize gains without having to purchase the underlying currency pair. By incorporating leverage, forex options magnify returns and set a firm downside risk level. Alternatively, currency trading options can be held alongside the underlying forex pair to lock in profits or minimize risk. In this case, limiting the upside potential is usually necessary for capping the downside as well.