Option chain explained - How to setup, use, & read an option chain - Options Trading Tutorial - TOS

With Netflix earnings bringing about a huge gain today, I thought this tutorial on options trading is more than relevant. Another in depth Tutorial by one of the awesome options traders at The Trading Fraternity. Brendan explains the option chain and how to setup the options chain using ThinkOrSwim (TOS). Brendan goes in depth on how to setup the options chain and what everything means from the bid and ask, all the way to the deltas, open interest and expirations. Given all these things are crucial to options trading, it is vital you understand all the concepts at hand not only so you know what you are doing, but also so you don’t make any mistakes, especially if you are trading with your hard earned money. Again, that is why we always recommend you paper trade, play around and familiarize yourself with the trading platform before trading live. Mess around with the chain and fully understand how to use it, set it up, navigate, and read/interpret what is before you. There are a lot of things on the platform to use and a lot of things you need to know and educate yourself on if you want to trade options successfully. Understanding the platform and the basics of how an options chain will serve as the fundamentals of learning because this is where you will be looking for options to buy and placing your options trades. I suggest you guys go through the video slowly, take notes and ask me any questions or things you do not understand. Though it may seem intimidating at first for new traders, once you get the hang of it and understand everything, you will see how intuitive options trading is, there is just a high learners curve. Please SUBSCRIBE to the channel LIKE, SHARE, and COMMENT so I have questions to answers and things to talk about. If you think you can hang with the brothers and are qualified to be one of the 25 people we accept every quarter to join my 3-month mentoring program, where you are able to watch me trade stocks LIVE every second of the day, every day of the week and be able to ask me questions live while I trade, go to http://www.thetradingfraternity.com to request and application. The lazy an un-dedicated need not apply. If you haven't done so follow me on social media! Twitter: http://www.twitter.com/JoshAnswers instagram: http://www.instagram.com/TheTradingFraternity Facebook: http://www.facebook.com/TradingFraternity Sign up to be a TTF Citizen and get access to our private LIVE webinars 2x a week, private newsletter, and chatroom!: http://www.TTFCitizen.com Apply for mentorship: http://www.TheTradingFraternity.com The trading fraternity, the trading fraternity review, the trading fraternity scam, TTFCITIZEN, josh answers, how to trade stocks, how to trade options, how to trade penny stocks, penny stocks for beginners, options trading for beginners, day trading, options trading, day trading lessons, trading options, option trading, dough.com, tastytrade, binary options, options trader, real estate, how to become a real estate agent, real estate agent, real estate tips, how to flip a house, how to flip a home, entrepreneur, stock market, forex, wall street, improve, fundamental analysis, technical analysis, economy, tdameritrade, etrade, money, thinkorswim beginners, etrade pro, etrade pro beginners, best broker

Comments

1. Awesome video. Thanks for sharing!
2. Thank you!
3. Hello, great video but why do you sync with red, what does that function do?
4. Awesome. you got me all set up
   
   Thanks!
5. Thoughts on Spreads and Selling Option Premium?
6. What's the simulator your using called, and where can I find it?
7. Tutorials are good man, keep me coming.
8. Hey TTF, do I you sell the contract the day before expiration or do you let it expire for my iron condors if its in the money the week of?
9. brendans voice is better than sex (except it's with josh)
10. You guys have to get a closer view of the screen. No one can see this.
11. Ahahah I was literally looking for your most recent video so I could plead for a video like this!
12. I really need your reply it'll be worth much believe me !!! here's my question!
    
    I have 5k to my name and was about to put it all into Forex until watching your videos two hours ago , Now look I have two daughters every move I make needs to be calculated if you can advise me to somewhere I can put my 5k into to invest please do so this is all the money I have so I can't play hit or miss with my family future thanks in advance!!!
13. something may be wrong with screen capture software, coming out pretty pixelated at 1080, hard to read smaller fonts
14. thanks ..
15. cant wait for the option orders video and the greek indicators for options really good stuff man! learning alot!