Could you teach me how to use options in a stock simulation game ?

Question

I'm learning how to trade in an Investopedia simulation game. But all the top ranked people are using options to get high revenues. I want to learn how to use them too.

Answer 1

Its all about experimentation. Options are in a sense gambling because it all depends on what the stock is going to do. Buying on Margin is good when the stock is sure to perform very well, Short Selling if it will fall. If the stock does not perform as expected, you will have to take a hit and replace those shares you bought or sold.

Answer 2

Often they buy when oversold, sell when overbought.

Beware of volatility.