Ep 75: Trading Options: The Real Way Money is Made from Options

Ep 75: Trading Options: The Real Way Money is Made from Options ★ SUMMARY ★ In this episode, number 75, what I’d really like to do is go into some basics and just give you some more insight, some ideas about how options are traded. Over the last couple of weeks I’ve been busy filming an options course, and I’m still working on that course, there’s a lot of material that I’ve been working on but, I do realize that I haven’t really focused a lot on sharing some insight and wisdom at least on the Thursdays lessons here on the webcast that we do, about options And there’s a few different reasons for that really. One of the reasons for that is because options are very different from trading stock. Trading options is different than trading stocks They are a little bit more complicated, in fact quite a bit more complicated if you don’t know or don’t understand what you’re doing. So the risks can become much greater if you are unknowledgeable and if you are unaware of the consequences and the risks. There are of course great upsides, so options really were invented for risk management and proper risk management with options, can actually give you a lot of advantages if you know and understand what you’re doing. The problem with options, with most people is that they don’t know what they’re doing, and when you don’t know what you’re doing, then that’s really when you can burn your account and blow your account up and have a lot of damaging consequences when you don’t know and understand what happens when trading options. Don’t read this if you’re a beginner If you are just joining me, if this is the first time you’re listening to these let’s talk stocks sessions, or the lessons then I highly recommend you actually don’t watch this lesson, don’t listen to this lesson, go and get the basics, go to the website tradersfly.com and just go to the training section and get some of the basics and fundamentals. Once you’re in this training section, when you get there, there’s going to be a lot of different lessons in here that you can just go and browse to, such as the wall street basics and terms. Even the trading basics and fundamentals, technical analysis basics, money and risk management basics. All these things will help get you started on the basics and fundamental level. Once you do get into some core material and you’re starting to understand things and you want to trade options, what you could do is go through some of the videos that I’ve already created such as these little shorter videos, and go through them and learn some of the basics behind trading options. Just search for “trading options”, or “options” and you’ll see a lot of different videos that I’ve already created, so I won’t be covering exactly all these basics in the sense of going through the basics of these option videos, I’m not going to go in detail about every single one of these things that I’ve already covered in these videos. Posted at: http://tradersfly.com/2016/03/trading-options-real-way-money-is-made/ ★ SHARE THIS VIDEO ★ https://youtu.be/F-3fSCCkK4E ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! STOCK TRADING COURSES: -- http://tradersfly.com/courses/ STOCK TRADING BOOKS: -- http://tradersfly.com/books/ WEBSITES: -- http://rise2learn.com -- http://tradersfly.com -- http://backstageincome.com -- http://sashaevdakov.com SOCIAL MEDIA: -- http://twitter.com/tradersfly -- http://facebook.com/tradersfly MY YOUTUBE CHANNELS: -- TradersFly: http://bit.ly/tradersfly -- BackstageIncome: http://bit.ly/backstageincome

Comments

1. Давай на руском
2. What platform do you use?
3. Great video. Finally we know a bit more about premium. But how to collect premium ? How to close contract with profit from premium or delta when you have calls and puts on one contract. Can you show this on think or swim?
4. do you have any video of how to create a trading plan?,
5. What is a good options trading account that doesn't require a large deposit
6. the further out option has less time decay because it cost more to purchase, how do you make up for this??
7. excellent excellent Video Sasha and always appreciate your hard work on these video. And it's great that you do this option video on the THINKORSWIM platform. It would be fantastic if one day you can do one video on the thinkorswim platform re some important useful features of the risk profile and trade analysis function....many thx. Keep up the great work
8. excellent clear teaching video on a complex subject. Hi Sasha I already trade calls and puts but interested in other strageties as suggested. What is your view about buying straddles before earnings release? I find the profit around earnings do not always cover losing leg. Welcome your thoughts. Thanks
9. i love all your videos, but this option video was very confusing..maybe because im new to options and there was too much information lol.. in addition, using big loss amounts in the thousands - scared the crap out of me .lol i'm sure typically when a person is starting out with options, their risk is much less - in which made it hard to relate ..thanks sasha
10. Hey, what simulator platform are you using?
11. i watch a site porterfinance how do it run what is up and down bet.
12. thanks for taking the time to make this video for us sasha! i have one question. is it possible to use those different strategies like the iron condor. with index option (Europe option)?. and when I have profit from a iron condor. how do I collect it?
13. can you do a video on how to read earnings report please basics
14. I like how you explain and put these topics into simple terms along with examples so that noobs like me can understand. I'm still gathering knowledge on investing. I have a question about strikes and their spreads. Lets use the AMAZON options for example at @5:38 As we can see, the stock is trading at $558.93. What I want to know is this: what would be the benefit of choosing a call (or a put) option that are further away from the mid-strike points. Say I wanted to BUY a call, why would I choose the 500 strike with the ASK price at 65.10 as opposed to the 550 with the ASK price at 28.40? What are the risks regarding each call?
15. Is selling an option is same concept as short selling a stock?
16. Great overview! Definitely will need to review this a few times until the concepts seep in. I have a few of your books and can definitely see myself queueing up for your options video tutorials when they are on the market. Thanks!
17. Great video Sasha - looking forward to the full course! The thinkorswim platform for viewing the P&L graph w/ days to expiry is definitely one of the best free ones out there - makes me wish I had a TD account.
18. A nice view on options. Everyone along the way teach me something, but your style is much better, and clearer to understand. Thanks for this basic overlook on a powerful investing choice.
19. Great video! Thx 🙌🏼