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PART V: Options Trading > CHAPTER 30: There Is Always an Option
CHAPTER 30
There Is Always an Option
Steven Place, @stevenplace
Steven is a StockTwits veteran. He is only 12. I'm kidding. But young Steven is far too wise for his age. Options can be simple or complex. Steven is working hard daily to make them simple and profitable for people. His readers are loyal and love him. You will, too.
Enhance returns, reduce risk, print money.
—Steven Place
LEARNING THE RULES OF THE GAME
While I've always had a passion for finance and markets, my focus of study was electrical engineering. I developed a proficiency in software, statistics, and stochastics; these disciplines helped me to find my edge in the markets from both a quantitative and a perceptual aspect.
During my time at college, I developed a self-study of finance. While interning at a major defense contractor, I would be plugged in to Bloomberg Radio. In between being president of a fraternity and my other coursework, I would head to the library and read trade and business magazines like the Harvard Business Review. I went through dozens of finance books and began taking a special interest in equity options. The pricing and behavior of options resonated strongly with me and grew out of my expertise in statistics and probabilities. As I had a full ride to university, the college fund became my initial trading capital.