Keys to Efficient Trading - Delta Management | Everyday Trader

Delta helps us understand our option trading directional risk. Whether it's an individual position or an entire portfolio, managing our delta risk helps us stay clear of big losses during large market moves. Trading can be a full time job, but it doesn't have to be! Tune in to see how Mike Butler trades around his job with efficiency! Follow: @tastytraderMike ======== tastytrade.com ======== Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: http://ow.ly/EbzUU Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1 Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/

Comments

1. Thanks Mike. Just to clarify how we would go about calculating the net Delta neutrality of our open positions... Say I had only two positions open:
   1. 100 shares of a stock, and 2. One sold put with a delta of -0.6... How would I go about calculating my delta neutrality??
2. good stuff!