Glad I’m seeing this theresa Options’s understanding and analysis of the markets projections is impressive. her knows exactly when to execute and exit trades to attain maximum returns.
Over the years, l've been a part of numerous trading programs, shifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of her insights.
Amazing video, thanks guys! I am 1 year into options have been learning from Tom and crew the whole time. I’ve been going hard on the 45/21 strangles and great to hear it all summarized like this.
The team or Tasty Have changed the way be looking at Trading. scalping a $100 here or there on stocks is not the easy money anymore. A good Sell put Portfolio is much more efficent than that.
WOW, after all these years and all the Tastytrade videos I have watched, I finally get to hear what Tom's go to trade is! I suspected it was mostly short strangles, but he finally said it! Thank you.
*Timestamps:* A. Intro/Background | B. Mkt Envrnmnt Oddities | C. Fav Strategy w/ Entry/Exit Procedure 04:10 *Tom's Intro:* mkt maker, ToS + TastyTrade, software & content dev; Aside: 06:00 Brian at OptionsPlanet split education from brokerage 07:28 *Brian's Intro:* options educator 09:15 *Industry changes:* 75% of brokerage transactions are derivatives, not stocks = importance of capital efficiency; trading groups (options traders want conversations) 12:25 *B. Market outlook:* new all-time highs w/ unusually high protection w/ VIX above 20 (vs mid teens normally) 16:40 *Upcoming election:* //Brian// mkt waiting for speed bumps to be cleared then bullish 18:50 *C. Fav Strategy w/ Entry/Exit:* *Tom:* 75%:25% undefined risk:defined risk trades; 100 trades/day, as mostly high-volatility (high IVR), short strangles just outside expected move (45 DTE, 20 Delta); various underlyings (stocks, etfs, futures) but not VIX, biotechs; small bet size with diverse holdings; trades smaller, more frequently, direction-ambivalent. Mgmt: by 21DTE (by 1/2way to exprtn) or 50% profit target. 31:30 *Brian:* trades high volatility underlyings w/ directional bias. 32:40 *skip-strike butterfly:* embedded call-spread that pays for butterfly--more credit builds safety buffer; long spread wider than short spread (if VIX upspikes, you're safe). Adjustments: long spread to butterfly to short spread. 35:45 *Why Sept/Oct bearish seasonality:* Apr/May is worse; //Brian's adjustments: shorter term 5-18d (VIX monthly exprtn on ea 3rd Wed ); 41:00 *Brian's mgmt:* ex. bearish put butterfly, mkt goes against (up), sell most expensive contract and roll to least costly contract to follow trend, net credit to acct, follow with trend. 43:45 *Tom's trading example screenshare:* TSLA, NVDA are most traded stocks; huge liquidity, high volume, high IV (70% = avg daily move of 3.5%), expected move (above avg); binary event (high premium); pricing skew to upside vs downside; delta neutral trade w/ 2 different strangles; CVAR shows worst-case 5% risk; high PoP (82%). 53:00 *example for small $50k acct:* 54:50 *efficient pricing of options:* risk:reward = Prob of Profit 57:55 *Close out call to action*
13:20 than you for acknowledging the sentiment. The fear in this bull market is palpable & everyone is holding their breath for a black swan -except that BLS & official sources painting a rosy picture & outlets like Yahoo! Finance gaslighting us that this economic house of cards propped up by 6 big companies is “stronger than ever.” The consumer would beg to differ & smart investors know the whole thing is running on fumes. Thank you for your honest perspective.
Great stuff, thanks! 👍 Probably one of the most important takeaways for new traders: Even a Pro like Tom tells us he is not better in guessing direction than you and me... So this is not the best way to earn money 🤓 thx
It means that if the stock moves 2 standard deviations in either direction the loss on the straddle should not exceed roughly 2% of your total portfolio. So for example if you’re have a portfolio of $100k, the 2SD move in a stock should equate to about a $2k loss in your portfolio. If it is larger than $2k then you need to sell fewer contracts or sell straddles on a lower priced stock.
How is risk being handled with this options play? I understand buying-to-close both legs at the 21 day mark and exiting the trade if either strike is crossed but what about handling risk when implied volatility spikes? Ride it out or set some threshold? This might push one to try and enter into strangles where both legs have a higher than 50% (or some other threshold) level of Implied Volatility. What are your thoughts on this?
I sometimes do targeted butterflies OTM as a cheaper long call/put replacement with better returns for the capital. 2 weeks or less for gamma to work with you. If you do them you have to be fine with total loss or most since they're already out of the money but the payoff is amazing when they do pay off
Tony, why dont you get a decent microphone? It always sounds like you using an old Radio Shack model. Either youre mike is bad or maybe youre phoning it in from Indonesia.
I remember those big seminars and conventions of the past, and it's kind of sad the world isn't that publicly social anymore generally, except at music concerts of course which are too expensive.
The market has been unfavorable for months even after applying numerous strategies I keep losing my money selling-off during dips, It’s a bad psychological position to be in, and I’m afraid to hold anything right now. What kind of trading plan can I use to avoid losses? How are you guys still making money? I’m down 55k this week, and it’s so overwhelming 😢😭😭.
otherwise. You will win some and lose some. If you don't have the stomach for it.... don't do it, I suggest you seek help to address your long/short-term goals
Trade small & trade often, close your positions out at 30-50% profit, rinse & repeat. You bounce back, don’t rush the process, take your time. -Best of luck to you!
@@Roscoe0494 if that's the case no one should be speaking so vehemently against it, with certainty that there's "45% capital gains tax" and "20% unrealized profit tax". Right?
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@ZgitSophia Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@ZgitSophia *MARGARET MOLLI ALVEY* her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
Why is this man, shown smilyling? Ask yourself? I've been been a ThinkOrSwim client, for many years, so cannot be a true hater. But just ask yourself, what percentage of 'normal' option retail traders consistently loose money? 70, 80, 85, 90%?? Whats being sold and thus fed here? BTW, Jjust 35 years trading.
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
19:00 #1 options strategy-premium (strangle) seller
25:00 *Sell 45 DTE, manage at 21 DTE (sweet spot of the decay curve)*
35:45 October weakness
44:00 TSLA example, delta neutral strangle
52:30 Trading with a 50k account
56:50 CVAR
This is good.
You have good insights on trading, and thats why it's best and profitable when you have good guidance like this and mine
Theresa option
I really do struggle to keep my earnings consistent I want that to stop. How to connect?
I got u she’s mostly on telegaram with the name
Glad I’m seeing this theresa Options’s understanding and analysis of the markets projections is impressive. her knows exactly when to execute and exit trades to attain maximum returns.
Over the years, l've been a part of numerous trading programs, shifting through a barrage of information.
Yet, nothing has come close to the sheer clarity, depth, and precision of her insights.
Amazing video, thanks guys! I am 1 year into options have been learning from Tom and crew the whole time. I’ve been going hard on the 45/21 strangles and great to hear it all summarized like this.
The team or Tasty Have changed the way be looking at Trading. scalping a $100 here or there on stocks is not the easy money anymore. A good Sell put Portfolio is much more efficent than that.
Our pleasure!
@@ddroz23 What is the market drops 10%, wouldn't all your gains get wiped out if you do naked put?
WOW, after all these years and all the Tastytrade videos I have watched, I finally get to hear what Tom's go to trade is! I suspected it was mostly short strangles, but he finally said it! Thank you.
Glad you like them!
The most educational Options stuff on the internet. Amazing
*Timestamps:* A. Intro/Background | B. Mkt Envrnmnt Oddities | C. Fav Strategy w/ Entry/Exit Procedure
04:10 *Tom's Intro:* mkt maker, ToS + TastyTrade, software & content dev; Aside: 06:00 Brian at OptionsPlanet split education from brokerage
07:28 *Brian's Intro:* options educator
09:15 *Industry changes:* 75% of brokerage transactions are derivatives, not stocks = importance of capital efficiency; trading groups (options traders want conversations)
12:25 *B. Market outlook:* new all-time highs w/ unusually high protection w/ VIX above 20 (vs mid teens normally)
16:40 *Upcoming election:* //Brian// mkt waiting for speed bumps to be cleared then bullish
18:50 *C. Fav Strategy w/ Entry/Exit:*
*Tom:* 75%:25% undefined risk:defined risk trades; 100 trades/day, as mostly high-volatility (high IVR), short strangles just outside expected move (45 DTE, 20 Delta); various underlyings (stocks, etfs, futures) but not VIX, biotechs; small bet size with diverse holdings; trades smaller, more frequently, direction-ambivalent. Mgmt: by 21DTE (by 1/2way to exprtn) or 50% profit target.
31:30 *Brian:* trades high volatility underlyings w/ directional bias. 32:40 *skip-strike butterfly:* embedded call-spread that pays for butterfly--more credit builds safety buffer; long spread wider than short spread (if VIX upspikes, you're safe). Adjustments: long spread to butterfly to short spread.
35:45 *Why Sept/Oct bearish seasonality:* Apr/May is worse;
//Brian's adjustments: shorter term 5-18d (VIX monthly exprtn on ea 3rd Wed );
41:00 *Brian's mgmt:* ex. bearish put butterfly, mkt goes against (up), sell most expensive contract and roll to least costly contract to follow trend, net credit to acct, follow with trend.
43:45 *Tom's trading example screenshare:* TSLA, NVDA are most traded stocks; huge liquidity, high volume, high IV (70% = avg daily move of 3.5%), expected move (above avg); binary event (high premium); pricing skew to upside vs downside; delta neutral trade w/ 2 different strangles; CVAR shows worst-case 5% risk; high PoP (82%).
53:00 *example for small $50k acct:*
54:50 *efficient pricing of options:* risk:reward = Prob of Profit
57:55 *Close out call to action*
For options, I'm finding this channel probably the best on RUclips, no gimmicks or unrealistic promises, great strategies, great explanations.
The come up series , playlist starter-pack
13:20 than you for acknowledging the sentiment. The fear in this bull market is palpable & everyone is holding their breath for a black swan -except that BLS & official sources painting a rosy picture & outlets like Yahoo! Finance gaslighting us that this economic house of cards propped up by 6 big companies is “stronger than ever.”
The consumer would beg to differ & smart investors know the whole thing is running on fumes. Thank you for your honest perspective.
Hey Tony, Tom, and Brian. Darrell a Tastytrader from St. Louis.
Always give us good stuff 👍 Thank you!
Saludos desde Perú!
Can I place a basic buy call with automatic stops?
Is the tastytrade platform available for the Indian Markets?
Where do we find the notes for this presentation??
Great stuff, thanks! 👍 Probably one of the most important takeaways for new traders: Even a Pro like Tom tells us he is not better in guessing direction than you and me... So this is not the best way to earn money 🤓 thx
What does trade small really means specially when selling Strangles?
It means that if the stock moves 2 standard deviations in either direction the loss on the straddle should not exceed roughly 2% of your total portfolio. So for example if you’re have a portfolio of $100k, the 2SD move in a stock should equate to about a $2k loss in your portfolio. If it is larger than $2k then you need to sell fewer contracts or sell straddles on a lower priced stock.
How is risk being handled with this options play?
I understand buying-to-close both legs at the 21 day mark and exiting the trade if either strike is crossed but what about handling risk when implied volatility spikes?
Ride it out or set some threshold?
This might push one to try and enter into strangles where both legs have a higher than 50% (or some other threshold) level of Implied Volatility. What are your thoughts on this?
Love your shows, Tony.
Do you trade crypto? Would love to see some BTC or ETH options featured in a show!
I thoroghly enjoyed this discourse, can anyone direct me to a good resource for learning options?
tasty trade learn center or just youtube!! good luck
What percent of derivatives volume is retail vs institutional ?
When Tom says on 21 min skew a little if you bullish or bearish what does he mean?
without diagrams to support the discussion this might as well be a podcast to listen to in a car. Why is this on youtube
Hello Sam from Florida
Hey Sam! Thanks for watching. Hope you are safe from hurricane Helen!
@@OptionsPlay milton
I sometimes do targeted butterflies OTM as a cheaper long call/put replacement with better returns for the capital. 2 weeks or less for gamma to work with you. If you do them you have to be fine with total loss or most since they're already out of the money but the payoff is amazing when they do pay off
Legends
Thank you! It was a fun session to host!
you need to read your comments and shut down the comment trolls advertising for nonexistent gurus.
“I trade 70-80 tickers with small lots” then proceeds to sell a 20 lot TSLA strangle. I want to be there
Tony, why dont you get a decent microphone? It always sounds like you using an old Radio Shack model. Either youre mike is bad or maybe youre phoning it in from Indonesia.
I remember those big seminars and conventions of the past, and it's kind of sad the world isn't that publicly social anymore generally, except at music concerts of course which are too expensive.
BOB TOSNOFF nice
everyone hating on spx and expecting a pullback makes me even more bullish
shame tasty is not available in Europe 😞 hope this will change
You can fund it through currency fair,
The market has been unfavorable for months even after applying numerous strategies I keep losing my money selling-off during dips, It’s a bad psychological position to be in, and I’m afraid to hold anything right now. What kind of trading plan can I use to avoid losses? How are you guys still making money? I’m down 55k this week, and it’s so overwhelming 😢😭😭.
I am happy with this recommendation and hope that James will give me insights into the direction of the economy and strategies to combat inflation
otherwise. You will win some and lose some. If you don't have the stomach for it.... don't do it, I suggest you seek help to address your long/short-term goals
Try with cash covered Puts and Covered calls
Trade small & trade often, close your positions out at 30-50% profit, rinse & repeat. You bounce back, don’t rush the process, take your time. -Best of luck to you!
We are in a nonstoppable bull market. You must be trading the wrong assets. Watch the trading brigade on RUclips.
How many The ONLY #1 Options Strategy videos has he posted?
Dont forget vote red or risk a 45 % capital gains tax and a 20 % unrealized profit tax
In short the end of retail trading
Yes, because most retail traders have over $100 million net worth.
Or did whatever right wing news source you used not tell you about this detail?
@@Narcissist86 You must mean the detail in Harris' tax plan which nobody really knows because she can't coherently describe it.
@@Roscoe0494 if that's the case no one should be speaking so vehemently against it, with certainty that there's "45% capital gains tax" and "20% unrealized profit tax".
Right?
Came O Lot sucked her way to the stop. She got skills not bad for a first Indian senator in California.
@@chewie1355 and there it is, an insightful look to the right's voter base.
Brian Overby!!!!
July through October, volatility season, fund managers go on vacation on their super yachts and retail traders dominate.
6000 for spx easy before the end of the year...
Hello
I would rather see this on Google podcasts or RUclips music.
🥳🥳✌️✌️
All this sounds great but size wise way out of my league not to mention the biggest issue is the platform I have
Great content but the format of this video blows
I had this on in the background and Bryan’s last name caught my attention. It’s the same as mine which isn’t common. What’s up cuz lol
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@ZgitSophia Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@ZgitSophia *MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
@ZgitSophia *MARGARET MOLLI ALVEY* her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
The above story has been posted on other RUclips videos too, exact wording. Just blatant advertising.
Got Video? WTF?
Why did you make there video too
small it uncomfortable to watch
Ridiculous. If you play pure expected move the risk reward payout negates the “high probability trade”. I mean, pretty basic math here.
Why is this man, shown smilyling? Ask yourself? I've been been a ThinkOrSwim client, for many years, so cannot be a true hater. But just ask yourself, what percentage of 'normal' option retail traders consistently loose money? 70, 80, 85, 90%?? Whats being sold and thus fed here? BTW, Jjust 35 years trading.
they never get to the point