However, navigating the world of options trading can be a daunting task for those who are new to it. Thankfully, many great blogs and newsletters can help beginners learn the ins and outs of options trading. 

In this article, we will be discussing the top ten blogs and newsletters for beginner options traders in 2023. You can also explore the straddle options strategy to enhance your grasp of options trading. This knowledge will provide a strong base for your journey into the realm of options trading.

The Options Industry Council (OIC) 

OIC is a nonprofit organization that informs prospective buyers and sellers about the advantages and dangers of trading equity options.

Their website offers a wide range of learning resources, such as webinars, podcasts, and even courses designed just for beginner options traders. The OIC website is a great starting point for people who are new to trading options.

Options Trading IQ

Options Trading IQ is a blog that provides options traders with a variety of educational tools. Gavin McMaster, a licensed options trader with more than ten years of expertise, is the blog's editor.

Options strategies, risk management, and market analysis are just a few of the many topics covered by the site. The blog is a fantastic resource for new options traders because of its straightforward and succinct writing.

SoFi Learn 

SoFi is a financial service company that provides a wide range of financial goods and services, including options trading via SoFi. SoFi Learn is one of their instructional resources for new options traders. It offers a wealth of different educational materials, including articles, webinars, and courses.

Its focus on education and dedication make it a great pick for beginner options traders who are eager to learn and expand their portfolios. Also, the user-friendly trading platform makes trading options more practical and simple for new traders.

Investopedia 

Popular financial website Investopedia offers a wealth of knowledge on a range of economic subjects, including options trading.

The options trading portion of the website provides a vast array of educational materials, such as articles, tutorials, and quizzes. Users can practice trading options on the website's simulator without risking any real money.

If you want to study the fundamentals of options trading, Investopedia is an excellent resource for you.

Steady Options 

A blog called Steady Options is devoted to supplying information and resources for options traders. Kim Klaiman, who started the site, is a seasoned options trader with over two decades of expertise.

The blog discusses various subjects, such as risk management, market analysis, and options trading tactics. Additionally, the website features a discussion area where traders can exchange ideas and post queries.

It's a great tool for novice options traders who want to get a thorough education in the industry.

Options Trading Club 

A site called Options Trading Club offers informational tools for traders. The blog discusses various subjects, such as options trading tactics, market analysis, and risk control.

Additionally, the website features a discussion area where traders can exchange ideas and post queries. Beginner options traders who want to learn from a group of like-minded traders might check out Options Trading Club as a great resource.

Schaeffer's Research 

Schaeffer's Research is a financial research company that offers traders a variety of educational tools. The company's website showcases a wide range of materials for options trading, including articles, webinars, and different courses.

It also has a discussion area where traders can exchange ideas and post inquiries. For new options traders who want to learn from a reliable source, Schaeffer's Research is a great resource.

Option Alpha 

A thorough education in options trading is offered by the website Option Alpha. The website provides many educational tools, such as articles, classes, and a discussion board.

Kirk Du Plessis is a seasoned options trader with more than a decade of expertise and also the creator of Option Alpha. The website is a fantastic resource for novice traders because of its more straightforward language.

Options Playbook 

The Options Playbook is a resource created by the options trading brokerage firm TradeKing (now Ally Invest). They provide an overview of options trading that includes detailed explanations of different options strategies along with real-world examples. 

The Options Playbook is a great resource for beginner options traders who are looking to build a solid foundation in options trading, as it covers a wide range of topics, from basic options concepts to advanced trading strategies. 

The Options Insider 

The Options Insider is a well-known internet site for options traders, with a wealth of instructional tools and market information. A glossary of trading terms, options calculators, and a detailed options trading course are just a few of the site's many instructional offerings.

As a result, the website is a terrific resource for new options traders eager to learn and expand their portfolios.