RealMoney Radio Mailbag: Options 101
Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.
How can I learn about options trading?-- Vic from Florida
James J. Cramer:
I highly recommend that any investor interested in options read
Characteristics and Risks of Standardized Options, a report published by The Options Clearing Corporation.
Do you still like Foster Wheeler (FWLT) ?-- Rick from New York
James J. Cramer:
I actually own Foster Wheeler for my
Action Alerts PLUS charitable trust, and I believe it is attractive for purchase up to $50.
Over the past 20 years, it seems to me that our energy infrastructure has been completely neglected. Given how high oil prices are these days, I believe our energy infrastructure is due for a massive upgrade, and Foster Wheeler is well positioned to benefit.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
.