When you learn how to read volume and open interest to determine if you should or shouldn't purchase an options contract, it will allow you to take your options game to a truly other level!
This episode is based on the times that you shouldn't just go ahead and buy whatever the market says!
When you use the spreads and the bid and ask sides to read into the flow you will unlock the side of analyzing options that will start to yield big results in your day trading strategies.
Reading Implied Volatility is a trait that will allow you see breakouts from fake outs, and ultimately help you in reading you're flow better.
A quick breakdown and a guide for those who want to get started with options and how to analyze the unusual options activity for people who will spend money on the tools, and for people who don't have the money to invest in that type of stuff just yet!
A sweet overview on how you can read unusual options activity from a BIRDEYE perspective!
What exactly is implied volatile and why is it important for me to be aware of this when doing an options trade?
The most important thing is to stay awesome in your trading and prevent foam by people showing you what they got when they got in EARLY. IV Crush is what happens when you FOMO into a particular stock and you try to capture gains simply because someone else is in that same stock, and TRUST it isn't worth it.
Basic options terms just so that way we can get this out of the way and continue to go ahead with using these terms to make it very was for all of us to be on the same page moving forward as I will start to integrate and increase my usage of these words a lot more as we dive into more advanced topics.
Gamma is best understood as a derivative of delta, it allows you to see how Delta will change with the change of the underlying in the stock, how the underlying will change as the stock moves either or down and the gamma will be either added or subtracted from the option's delta price.
Vega in options is extremely important to understand to see how much of a risk you are in getting IV crushed in a certain option contract. Being able to smart enough to navigate using Vega to eliminate option contract that are simply too inflated is how you stay alive in this game of options trading.
Delta in stock options can be a little tricky sometimes, so it is important to understand the differences in certain option chains and the strike prices to find the best strike and expiration date for our price target and to reach the best and high amount of profit on our contracts!
What is this about, what is the meaning behind time decay and especially how does THIS WORK!?
This was supposed to be Saturday's episode but unfortunately I got them mixed up on account of being excited for this season to drop, so let's goooo!!
This is possibly the worst trading strategy if used by itself since it has the most downside, and limited upside. Important and MUST LISTEN episode when it comes to spreads.
Happy 100th episode! We are big back and better than ever!! This episode we are talking about what exactly are margins when it comes to trading and trading accounts as well with brokerages.
We need to know when the market is going towards a trend, and where the market is going up versus down in range trading. Understanding where the market is going to go and how to trade when it is following a trend line versus a range trading.
This is the best theory to understand when we are about to go through a new all time high or is approaching on that can confirm an overall trend in the market.
Understanding exactly how you feel before you make a make a trade is so key to making sure that you are getting in the right trade and making sure that you focus on the trade instead of the money you could make from it.
Emotional trading is something that you need to understand so that way you can come back from a losing trade and not worry about overpositioning and at the same time, not trading with fear.
