The BIG Basics of Day Trading Options [Online Guide]

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  • Опубліковано 9 лис 2024

КОМЕНТАРІ • 215

  • @deyashalash7976
    @deyashalash7976 3 роки тому +38

    Best thing about Clay he always simplifies complicated stuff. thank you

    • @claytrader
      @claytrader  3 роки тому +6

      Happy to help!

    • @tecnolover2642
      @tecnolover2642 3 роки тому

      Actually none of investing, trading etc is very complicated. Its just stuff not known by everyone. None of it requires high math skills for example,, just simple arithmetic.

    • @claytrader
      @claytrader  3 роки тому +1

      @@tecnolover2642 agree

  • @MakeMeEggs
    @MakeMeEggs 3 роки тому +7

    I have been watching your live day trades and I am extremely inspired/motivated to learn how to trade options. I’ve made decent profit from swing trading them but also I have lost a decent chunk of change. It’s time to stop being so lost and confused in the market. Really appreciate your knowledge and wisdom Clay.

    • @claytrader
      @claytrader  3 роки тому +1

      I hope you consider my program!

  • @thatsketchyboi6688
    @thatsketchyboi6688 9 місяців тому +1

    they say if you can explain something complicated simply then you have mastered it. ..... this guy is definitely a master.

  • @davidandronicomusic
    @davidandronicomusic 3 роки тому +17

    Thanks for another amazing video, Clay. This is exactly what I've been planning on sitting down to learn and you're a great teacher.

  • @lucatonipeperoni
    @lucatonipeperoni 11 місяців тому

    Hey clay, hope you see this comment.
    Thanks to you, I started trading options in the beginning of 2021. Reason was my small cash account of 5k and with options I had a faster settlement.
    I focused 100% on trading options only, managed to get to 25k and changed to a margin account. Since then I trade mostly vertical spreads in either direction. It‘s not all from trading but I‘m just about to hit 100k, and things starting to really take off. I do trade besides my normal job and hope I can someday trade fulltime, even if its in 10 years 👍🏻

    • @claytrader
      @claytrader  11 місяців тому

      I hope you consider joining our community! Lots of option traders in there :-) claytrader.com/team/

  • @Jnunez17
    @Jnunez17 9 місяців тому

    100% Correct. I’m no expert but this is the only video that I’ve seen that explains the following.
    Buying a Call option and stock price rises: Option Value Rises
    Buying a Put option and stock price lowers: Options Value Rises
    *people usually get confused when buying a PUT thinking the value of the option will lower if the price of the stock lowers.

    • @claytrader
      @claytrader  9 місяців тому

      Yeah, that part can get a bit confusing for people.

  • @Ezel21love
    @Ezel21love 3 роки тому +2

    This is the best Trading Channel on UA-cam. I have been subscriber since 2017 and I learned a lot. Thanks man

  • @aak48
    @aak48 3 роки тому +2

    Once again, you are the GOAT,
    May the universe shower you with infinite blessings and gifts, may you and your family thrive in all areas in life.
    Thank you ❤️

  • @vendrickthegreat7774
    @vendrickthegreat7774 2 роки тому +14

    You explained it extremely well. Thank you for making my life easier!

  • @aquahit2622
    @aquahit2622 Рік тому +2

    still the best explanation I've seen on all of youtube fs.

  • @lbjoshbal
    @lbjoshbal 7 місяців тому

    Thanks for this. It took me about five times watching this to understand the basics of options. I know that you made it as simple as possible. I’m just that slow at understanding it. Awesome video.

    • @claytrader
      @claytrader  7 місяців тому

      Glad it was helpful!

  • @williamp2359
    @williamp2359 3 роки тому +1

    I've noticed that you've been trading options lately. Since I tend to trade stocks for longer periods of the time during the day (still a day trader, just not looking to be done in 30 minutes), I prefer to short calls. If you get in at the right times, the decay works in your favor.

  • @ExploringAlpha
    @ExploringAlpha 2 роки тому +1

    You're amazing. The way you simplify things to the absolute tee is amazing. God bless you.

    • @ExploringAlpha
      @ExploringAlpha 2 роки тому

      The idea of putting cup for call and toilet for put is a great idea :D :D

    • @claytrader
      @claytrader  2 роки тому

      Happy to help!

  • @HerciliaLLeger
    @HerciliaLLeger 2 місяці тому

    Thanks Clay love your videos ❤

  • @alexandrerodrigues4434
    @alexandrerodrigues4434 Рік тому

    Thanks for this amazing video, I didn't have a knowledge about about Trading Options, but now I'm starting to understand it. 😁😁

  • @SwiftlyKing
    @SwiftlyKing 2 роки тому

    Thanks for helping me understand! Is there a video I could go to next to learn about the more advanced stuff like that bid/ask stuff?

    • @claytrader
      @claytrader  2 роки тому

      Those videos all exist here claytrader.com/takecontrol

  • @brandonchezem7250
    @brandonchezem7250 Рік тому

    Blessed to have your guidance

  • @valiantvee8516
    @valiantvee8516 3 роки тому +6

    I remember it: "Call" rhymes with "Tall(high)" and "Put" rhymes with "Foot(Low)"

  • @KeiraR
    @KeiraR 3 роки тому +2

    Great video Clay. I really appreciate your simple and unpretentious teaching style 😁. I also get a laugh out of your lighthearted responses to trolls in the comments on your videos. Keep being you and keep up the great work! 😊

  • @grantmullins3913
    @grantmullins3913 2 роки тому

    This video is the first one that made sense to me I was able to stay engaged the whole video and learn

  • @ExploringAlpha
    @ExploringAlpha 2 роки тому

    Question when multiplying the value of the contract by 100 to find out how much money you need in your account to buy that contract. Do you multiply 100 by the strike price? or the bid/ask price? Thank you very much.

    • @claytrader
      @claytrader  2 роки тому

      I cover this in the video.

  • @AhmadAlZA
    @AhmadAlZA 3 роки тому +2

    This is absolutely basic, if I was new this would be great. Well done

    • @claytrader
      @claytrader  3 роки тому +3

      Thanks for confirming the "basic" nature that was intended. Cheers!

  • @ims0done346
    @ims0done346 3 роки тому +1

    Let’s get it clay been watching for a bit and I just got into the stock market 📈 5 months ago you’ve helped me gain knowledge and give me confidence ! Turned my 1k to 15k in 3 weeks keeps the videos coming!

    • @claytrader
      @claytrader  3 роки тому +3

      I hope you consider taking a small piece of that $15,000 and join our community!

    • @moistdlux3863
      @moistdlux3863 3 роки тому +1

      @@claytrader ive been watching for a few years now, and i was scared,no confidence to really do it. Debt didn't help either. I intend to join soon. Thank you for everything you've put out for free on here. Helped a lot of people. Even if it was only 10 or 20 bucks at a time. Thank you.

    • @claytrader
      @claytrader  3 роки тому

      Cheers and thanks!

  • @moesadr3342
    @moesadr3342 Рік тому +1

    What are your screening criteria recommendation to find good options for day trading? (Calls or Puts only). What should I look for (e.g. IM.Volatility, Volume, Open Interest , Liquidity or .....)?

    • @claytrader
      @claytrader  Рік тому

      These are the types of things I talk about with premium members, and if you're interested in "talking stocks/trading in general", you are more than welcome to join my private community - claytrader.com/team/

  • @Comrade4213
    @Comrade4213 10 місяців тому

    Great video! love the quality.

  • @chistianjoshua9498
    @chistianjoshua9498 Рік тому +1

    Quick question, so I need a broker and a trading platform ?

    • @claytrader
      @claytrader  Рік тому

      Yes. This is a good starting one: a.webull.com/i/ClayTrader

  • @isaacsogunro5179
    @isaacsogunro5179 Рік тому

    Great explanation! I understand now. Thanks!

  • @preetbhele7924
    @preetbhele7924 Рік тому

    perfect video for someone new

  • @bhii9426
    @bhii9426 3 роки тому +1

    Would it be 100x the bid / ask? Then after that multiply it by the # of contracts? Hopefully I'm understanding that correctly.

    • @claytrader
      @claytrader  3 роки тому +1

      it's the value of the contract. No matter if it is the 'bid' or the 'ask'.

    • @bhii9426
      @bhii9426 3 роки тому

      @@claytrader Thanks for replying, keep up the great videos.

    • @claytrader
      @claytrader  3 роки тому

      @@bhii9426 cheers

  • @lilweirdo_o7859
    @lilweirdo_o7859 Рік тому

    This helped me out so much I really do appreciate it

  • @MH-pr2gc
    @MH-pr2gc 3 роки тому +1

    You're very good at teaching!

    • @claytrader
      @claytrader  3 роки тому +1

      Thanks! Glad it could help!

  • @zakirelias4799
    @zakirelias4799 Рік тому

    Thanks clay I learned a lot from this video

  • @eugenejackson9956
    @eugenejackson9956 2 роки тому

    thank you Clay. you are amazing. simple with no fluff.

  • @bwasfpv
    @bwasfpv 3 роки тому +1

    awesome stuff bro,,this will help me tremendously

  • @Papa3Boys
    @Papa3Boys 3 роки тому

    Love the training. Was wondering though if you would be willing to Group together all your options video together...all your stock videos together...all your day trade videos together...etc? It would help me go from one video to the next on the same trade topic ...

    • @claytrader
      @claytrader  3 роки тому

      My structured learning is here: claytrader.com/takecontrol/trading-freedom-pathway-how-it-works/

  • @aplacetorelax1171
    @aplacetorelax1171 6 місяців тому

    Clay, so if at expiration date your option is at the strike price you will not make any money right? You always want to be above your strike price with a call, below with a put, strike! your out?

    • @claytrader
      @claytrader  6 місяців тому

      If you're day trading them, that is irrelevant.

    • @aplacetorelax1171
      @aplacetorelax1171 6 місяців тому

      @@claytrader I have a cash account and I am learning about options, a lot of things are confusing.

    • @claytrader
      @claytrader  6 місяців тому

      great!

    • @aplacetorelax1171
      @aplacetorelax1171 6 місяців тому

      @@claytrader so am I right?

    • @claytrader
      @claytrader  6 місяців тому

      @@aplacetorelax1171 somewhat. There are other variables that need to be factored in. Harder to explain here.

  • @Digitalsoundmachine
    @Digitalsoundmachine Рік тому

    Thanks clay!

  • @morganhemingway5262
    @morganhemingway5262 3 роки тому

    This might be out-of-line go ask but what about , sense he seems to be the tech behind the scenes, having nick do a video about setting computer scene up. Not the build but the actually screen. Kinda the way you have it on most if your daily reviews...
    Again sorry if the question was out of bounds....
    Col. Morgan Hemingway

    • @claytrader
      @claytrader  3 роки тому

      I offer this: claytrader.com/videos/trading-computer-my-day-trading-monitor-setup-explained-how-to-guide/

  • @nickalgiere8280
    @nickalgiere8280 3 роки тому

    Video deserves more views

  • @marlonbarrentine6268
    @marlonbarrentine6268 9 місяців тому

    Thanks man

  • @ahmega
    @ahmega 3 роки тому +1

    Microsoft is looking kind of double toppy on the daily chart. I might get some put contracts on Monday.

  • @sunshineandhappiness6014
    @sunshineandhappiness6014 2 роки тому

    Thanks clay great teaching !!!

  • @007meri
    @007meri Рік тому

    Thank you !!!

  • @tydortch3063
    @tydortch3063 11 місяців тому

    So where would the options theory and mathematics videos be at?

    • @claytrader
      @claytrader  11 місяців тому

      I'm sure someone on UA-cam goes into all the equations.

  • @gidsmono8044
    @gidsmono8044 3 роки тому

    This guy is damn good. Watched his futures videos.

  • @drewfickett9555
    @drewfickett9555 2 роки тому

    Hey Clay I was interested in your course for trading, but its a little out of my price range. is there a book on options trading that you would personally recommend. love the no bullshit personable videos. seems like your a regular guy that's just passionate about trading. all about the process. lmk thank you.

    • @claytrader
      @claytrader  2 роки тому

      You could do this: claytrader.com/takecontrol/trading-freedom-pathway-how-it-works/

  • @joweefaithcorona8540
    @joweefaithcorona8540 2 роки тому

    thank you for this!!

  • @franciscosanchez3153
    @franciscosanchez3153 3 роки тому

    omg tks so much that help me a lot👍👍👍

  • @matthewfelker907
    @matthewfelker907 3 роки тому

    Thank you. Options hurt my brain far less now. I needed that.

  • @LolTroll217
    @LolTroll217 3 роки тому

    Never heard the toilet explanation but it works great 😂 love it

    • @claytrader
      @claytrader  3 роки тому

      LOL... cheers

    • @shannonp4037
      @shannonp4037 3 роки тому

      I came up with "short put" like shot put.

    • @claytrader
      @claytrader  3 роки тому

      @@shannonp4037 makes sense to me! good one!

  • @Annisa_Jordan
    @Annisa_Jordan 9 місяців тому

    Thank you for a response video. Watched it learn a lot from it. I need help clay wish I can reach out and learn more from you.

    • @claytrader
      @claytrader  9 місяців тому

      Join my community here: claytrader.com/team/

  • @RemusDBD
    @RemusDBD 3 роки тому

    great explanation. Thank you Clay.

  • @jayalias2335
    @jayalias2335 3 роки тому

    I started with the wheel strategy about 4 months ago, because my dividends weren’t building fast enough. It’s been going well but, I have a feeling I can make more money swing or trading options. Will starting off with a sell and swing trading it with a buy be a good strategy? This why time will work for me not against?

    • @claytrader
      @claytrader  3 роки тому

      if you're interested in "talking options/stocks/trading in general", you are more than welcomed to join my private community - claytrader.com/team/

  • @jamesramos124
    @jamesramos124 3 роки тому

    Thank you so much for this class professor. 👍

  • @aidanstapleton8665
    @aidanstapleton8665 3 роки тому

    other than the fact an option has a time difference what's is the diffrence between buying 1 put Contract and buying 100 shares of a stock ?

  • @datugyud
    @datugyud 3 роки тому

    Hi Clay. I haven't done any short vol strategies yet (complex to me) and just buy calls or puts. When someone is short volatility, I'm assuming its a mixture of buys as well as sells (option writing). Is this the reason why funds are called 'hedge funds' because of these mixture of legs?

  • @itsmldvn
    @itsmldvn 3 роки тому

    Thank you for this, could you show us how to initiate options?

    • @claytrader
      @claytrader  3 роки тому

      This broker offers options ($0 fees) - claytrader.com/videos/the-stock-trading-platform-for-traders-on-a-budget-best-app/

  • @drezshowpodcast
    @drezshowpodcast 3 роки тому +1

    Why do you see 'PUTS' that have a strike price higher than the price of the stock. Example the stock is trading for $8 and you see 'PUTS' with a $9 or $10.00 strike price. Thanks

    • @claytrader
      @claytrader  3 роки тому +2

      Because that is a price level associated with the stock. "Why" or "If" it matters depends on your personal strategy.

    • @drezshowpodcast
      @drezshowpodcast 3 роки тому +1

      @@claytrader when I think of a put I think of the stock going below $8 not going up to 10 if I buy a PUT, that's all.

    • @claytrader
      @claytrader  3 роки тому +3

      @@drezshowpodcast right, at "that" moment in time... but what if the stock goes up to $11... at that moment maybe the $10 put would make sense.

  • @stocktalk9302
    @stocktalk9302 3 роки тому

    What’s collateral in options and when do they come up in options?

  • @zukomemes190
    @zukomemes190 2 роки тому

    22:00

  • @couchpotato684
    @couchpotato684 2 роки тому

    Thanks.

  • @zabimerzai9937
    @zabimerzai9937 2 роки тому

    thanks buddy

  • @rochester3
    @rochester3 3 роки тому

    nice...can you please make a video about selling calls and put options for income

    • @claytrader
      @claytrader  3 роки тому

      That's part of this: claytrader.com/takecontrol/

  • @Nobility209
    @Nobility209 Рік тому

    what about a sell call and sell put?

    • @claytrader
      @claytrader  Рік тому

      Then you would want the opposite.

  • @harjinderkhabra5780
    @harjinderkhabra5780 2 роки тому

    Thanks

  • @jahkotime
    @jahkotime Рік тому

    can you show us different strategies

    • @claytrader
      @claytrader  Рік тому

      I do that as part of this: claytrader.com/takecontrol/

  • @sweardesigns
    @sweardesigns Рік тому

    Great

  • @MartinMalleier
    @MartinMalleier 3 місяці тому

    How can i learn how fast y entering into options and be out a second later to get this quick 50£

    • @claytrader
      @claytrader  3 місяці тому

      These are the types of things I talk about with premium members, so if you're interested in "talking options/stocks/trading in general", you are more than welcome to join my private community - claytrader.com/team/

  • @saurabhakumbhare
    @saurabhakumbhare 8 місяців тому

    Can we trade options from the UK?

    • @claytrader
      @claytrader  8 місяців тому

      I believe so. I don't think they're illegal there or anything.

    • @saurabhakumbhare
      @saurabhakumbhare 8 місяців тому

      @@claytrader just struggling to find a platform which can help. On another not, your videos are great. Keep up the good work.

    • @claytrader
      @claytrader  8 місяців тому

      look into Interactive Brokers

    • @saurabhakumbhare
      @saurabhakumbhare 8 місяців тому

      @@claytrader yeah looked. Extremely costly. Might give tastyworks a try.

    • @claytrader
      @claytrader  8 місяців тому

      they're good too.

  • @alexreddick6970
    @alexreddick6970 2 роки тому

    lol clay acts like he would really completely FORGET what a put option is without the toilet reference

  • @AdtheWinner
    @AdtheWinner Рік тому

    So if a contract value goes down you are loosing money, and if a contract value goes up your gaining money?

  • @jammydodger222Xxd
    @jammydodger222Xxd 2 роки тому

    Man no matter how many people try and explain options to me I still don't get it 🤣.
    People talk about selling options as if you're 'writing' them so then if the option is exercised by the buyer you have to buy the stock at market price and then sell it to them at the strike price.
    But can you also sell an option you've bought back to the market at whatever the price of the option is when you sell it?
    And if someone does exercise an option you've sold what happens then? Does the broker automatically buy the stock at market price and charge you for it?

    • @claytrader
      @claytrader  2 роки тому

      Those are not the "basic" questions. I address all those in my advanced classes.

    • @jammydodger222Xxd
      @jammydodger222Xxd 2 роки тому

      @@claytrader okay, in fairness I haven't reached the options part of the claytrader University yet so I take it those questions are all included in that?

    • @claytrader
      @claytrader  2 роки тому

      indeed

  • @thirdiview1230
    @thirdiview1230 3 роки тому +17

    If you make your content absolutely free you will bring an unprecedented amount of subscribers because the 99% are broke and that’s in the millions clay...

    • @claytrader
      @claytrader  3 роки тому +7

      I have lots of free content.

  • @hectorcastro9399
    @hectorcastro9399 Рік тому

    I love you

  • @johncoruna
    @johncoruna 3 роки тому

    👍🏻👍🏻

  • @devinhoaglin7088
    @devinhoaglin7088 Рік тому

    What’s funny is if people pay for his course they’ll make their money back in a day 😂

    • @claytrader
      @claytrader  Рік тому

      But, but, but... didn't you know I'm a scammer for charging money?

  • @hanumantham9238
    @hanumantham9238 3 роки тому

    Amza

  • @onlyvans8519
    @onlyvans8519 3 роки тому

    Call up.
    Put down

  • @spontaneousbootay
    @spontaneousbootay 3 роки тому

    Technically they are signed in blood. By whomever loses lol

  • @jayalias2335
    @jayalias2335 3 роки тому

    Call up , like a phone. Put down like an insult

  • @akinorikosaka2753
    @akinorikosaka2753 3 роки тому

    A new Bitcoin Mining Council has been created to improve the crypto-currency's sustainability, following a meeting of "leading" Bitcoin miners and Elon Musk.

    • @claytrader
      @claytrader  3 роки тому

      Thanks for the comment, I'm not quite sure the relevance to this video though?

    • @akinorikosaka2753
      @akinorikosaka2753 3 роки тому

      @@claytrader why do you say so?

    • @claytrader
      @claytrader  3 роки тому +1

      @@akinorikosaka2753 ummmm

  • @raymundvalderrama
    @raymundvalderrama 3 роки тому

    I day trade options cause time decay is a bitch

  • @gxz-ei5jc
    @gxz-ei5jc 5 днів тому

    🤣🤣🤣🤣🤣PUT bad stuff goes down the toilet.😂😂

    • @claytrader
      @claytrader  4 дні тому

      And you won't forget it, will you?

  • @lexlevi1
    @lexlevi1 2 роки тому

    He wanted to get a million views like everybody else 😂

  • @ZhangtheGreat
    @ZhangtheGreat 3 роки тому

    Instructions not clear, keeping my OPTIONS open
    *sound stupid joke horn*

  • @billjohnson1898
    @billjohnson1898 Рік тому

    Bro there’s a way easier way to explain this.. no offense but any beginner who finds this video is gonna be immediately confused right off rip. Don’t overcomplicate things man just say what you’re saying. You talked about options contracts for 10 minutes without even saying what the hell they are 😅 🤦🏼‍♂️

    • @claytrader
      @claytrader  Рік тому

      No offense taken. Also, no offense to you, but if you think you speak for "all beginners", then yeah... you're living on Mars.

  • @tya1687
    @tya1687 3 роки тому

    basic lol nothing is basic in trading, get ready to lose money lol

    • @claytrader
      @claytrader  3 роки тому +1

      Why do I get the feeling you didn't actually watch the video?

  • @younisazizi
    @younisazizi Рік тому

    waste of time

  • @timepiecetrading5684
    @timepiecetrading5684 3 роки тому

    Clay just put all your money on AMC bud and you’ll be able to afford the Rolex you always wanted. You know it’s gonna be a short squeeze just watch the Ape Father on UA-cam he mention you in his videos. He called you a weak ape lol.

    • @claytrader
      @claytrader  3 роки тому +5

      He called me a weak ape? That's insulting he called me an ape at all!

  • @dyonisis7681
    @dyonisis7681 5 місяців тому

    you talk waaaay too much about nothing. I know more about toilets now than I do about options. why don't you actually have option order box set up and walk through the process from start to finish? Not a chance in the pit of Hades would I spend a dime on your course. 32 minutes of my life wasted on your gas passing. Your video, is no different than a car salesman trying to sell a car to someone, with no car. Never again will I waste a second on you.

    • @claytrader
      @claytrader  5 місяців тому

      Thanks for the feedback. All the best to you on your journey!