Live Options Trade - How to Be the Casino



Live Options Trade - How to Be the Casino Why do 90% of people fail as traders? Mainly because they treat the stock market as a casino. Is there a way to take advantage of people with this false type of mindset? Yes there is! How, I show one strategy in this video. COURSE - Intro to Options: http://claytrader.com/courses/options-trading-simplified/ COURSE - Advanced Options: http://claytrader.com/courses/advanced-options-trading/ Find Stocks To Trade Free Resource Guide: http://claytrader.com/lp/Free-Guide-Trading-Tools/?utm_source=social&utm_medium=youtube&utm_campaign=livetrade Watch More Live Trade Videos: http://claytrader.com/video/live-trade/ Live Day Trading Penny Stocks, Live Day Trading Stocks, Live Day Trading Options, Live Day Trading Learn To Trade, Live Day Trading Technical Analysis, Live Day Trading Stock Charts, Live Day Trading Day Trading, Live Day Trading Pull Backs, Live Day Trading $TSLA, Live Day Trading $FB, Live Day Trading $AAPL , Live Day Trading $SPY

Comments

  1. What program/platform do you use in the video? I'm currently using Plus500 but the layout you are using looks so much better.
  2. so you sold a 320 call?
  3. clay i tried to twitter u i have a feb 10 amazon call at striek price 837.50 i made a gamble before earning, dum lol. how can i recoop myself? before i take this 2000$ loss i want to minimize it
  4. What was your BPR for this trade?
  5. Well that scenario is enough to make sure I learned options eventually. Good demonstration.
  6. Can you make some more options live trading videos please ? there cool and very helpful
  7. So you are selling Calls? Pretty simple.
  8. Hey clay, nice video. I have a question. Before you gain the 490 for just a second you had a lose of 1300 or something. Why did that happened?
  9. what was the options stratagy you chose? did you just sell premium, a weekly 320 strike price call option or something? Im still so confused with this whole options thing, so if my question sounds like I know what Im talking about, I really dont.. anyway, love your videos man..
  10. How do I get started without a lot of money? @ClayTrader
  11. Did you sell those 10 options contract after the market closed the previous day? Did "the gambler" bought those 10 contracts also during the closed market hours? when exactly happened this?
  12. This is awesome Clay. I think my favourite part is how you're so calm throughout the whole trade. You already know what's likely to happen it's as if you're ten steps ahead of the gamblers. I can't wait to learn all about this when I get into the options courses.

    Cheers.
  13. Hopefully you didn't do this with AMZN or GOOG a couple weeks ago.  Also, you wouldn't be fine if it gapped up $30, unless it was expiring literally the next day, as you'd be in a losing position.  And when you say "90% of people making sucker bets", you make out to be as if the only traders in the market are dumb, gambling retail traders, when in fact retail traders probably have the least impact on the market.  Last, a market maker most likely took the other side, and market makers are the casino.
  14. What programs do you use to view everything like this?
  15. If you don't mind telling us, how much equity was used when you placed the options trade?
  16. Again, context matters bro. Cobra's right.

    Uninformed viewers have no idea the risks associated with this particular type of trade. It's a little misleading. You need to tell people specifically what type of trade this is before showing the gains. Options aren't just buy and sell.
  17. Sorry to bug you out again, but in my opinion it has nothing to do with stupid gamblers that have 2k or more to blow up on very improbable Tesla options instead of buying the shares. It has everything to do with the risk that the option writers take on by selling them to Tesla shorters who needed to hedge their shorts at some point long before you appeared to profit from the weekly options decay. Options are insurance, hedges and have a sale value but it doesnt mean that people buy them, actually those weekly far away strike options like the 320 are seldom bought. It is annoying to hear market falsehoods. Again, they have value because of the risk options writers take on not because stupid people bought them. Let's say no one buys them at 0.51, it doesnt lose value, it's like an insurance and it stays at 0.51 until the next day where the risk is smaller because expiry is way closer and strike price still very far. Simple.
  18. Thank you
  19. Great trade. But once again, for all of the people watching that simply see a big number and get all excited and try to replicate it, what you did here was sell a naked call (I am assuming this wasn't covered with stock, if so, you didn't mention it). Now, being that you have experience, that's totally fine. But, for many people watching your videos, that could be a death sentence. 

    Again, I know that you aren't expecting people to watch your videos to gain knowledge/strategy, and you are not at all liable for anyone who does try to copy you and F's up, but, just throwing out little bits of helpful information here and there can help someone to not have that happen.

    If you got called out overnight, you would have to purchase $320,000+ of stock, I'm assuming you obviously have the BPA, and if you didn't I'd hope your broker would have not allowed for it. Also as soon as it his 320.50, you would be in the red, 321, down 500 instantly, and so on.

    Just for everyone watching, please keep in mind, Clay is experienced and accepted the risk of writing an un-covered call, he was also able to control his greed in writing a lower priced call and collecting even more premium! If you use this as a strategy, it IS possible to lose massive amounts of money very quickly.

    once again, good call/trade Clay.
  20. Yes i do want to learn how yo do this, do you offer discounts for veterans clay?


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Visibility: 8376

Duration: 10m 51s

Rating: 93