I believe one of the first things you need to understand before trading options would be how to get to the next level.
This video will look at the learning path in the process of learning.
Everyone learns at a different pace, and you must recognize the stages that you will go through during your journey. This should help you to move forward and avoid distractions.
Sometimes you need to hear things differently to grasp a concept so in this tutorial we go over trading options and what it is all about in a different way.
We cover some basics of buying a call and buying a put as well as selling a call and selling a put.
I want you to be aware of how all of this works on the risk profile picture so you can better understand the mechanics of the risk that you have when you trade options.
Take a look at the video and if you are interested in learning more about options, check out some of our option trading courses.
One of the most basic ways to make money from options is to own the stock and sell covered calls against it.
This allows you to continuously make money month after month from selling call contracts that are still protected by your stock ownership.
if you’re interested in how the strategy works, watch the video and get a detailed look.
However, if you want to see our detailed video courses about trading options, then click here.
There are many ways to trade options, but unfortunately, many people trade options the wrong way.
Initially, people start trading options by buying single calls or puts. Sadly by trading in this way, it causes them to have continuous losses that spiral out of control.
The reason buying trading single option contracts creates regular losses is that time works against you.
However, there is a better way to trade options! The smarter approach to trading options is to trade option spreads where time works for you instead of against you.
Watch this video to learn more about the real way professionals trade options to get a better understanding and see how you can make time premium work for you instead of against you.
There are many options strategies that you can trade. You get incredibly creative when it comes to trading options and creating custom spreads.
However, there are only a handful of key strategies that you need to know. The reason for that is because if you know these critical foundational strategies, all the other strategies are hybrids.
It’s always wise to keep things simple. These few core strategies will be the key to bringing in the majority of your return on your investments.
When it comes to trading options, you have to understand time decay because every option expires eventually. If you don’t know how options decay, it can work against you.
It is because many new traders do not understand how time decay works with options trading that they end up losing a lot of money.
As you become more knowledgeable, you’ll understand that there are ways to invest in a stock, but still profit from the time decay. Watch this video to get a better understanding of how to get time decay to work for you.
Iron condors is an options strategy that takes advantage of selling premium when volatility is high allowing you to create consistent monthly income through theta decay.
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