Jim, thx for this masterpiece. this is just the first time I go through the material and I realize it is a colossal resource, I will have to come back to fix my knowledge and understanding.your work to make this video is amazing, you have a truly magical talent
This is essential. I'm 2 years in to learning options and I gotta say, it's been difficult. This and your other videos on the subject really clarify some sticky points. Many thanks. Highly recommended
Great insight to options. Helps me understand why my low delta options lost money because I never understood the risk they posed. They looked to good being so inexpensive.
Are there charts for IV rank available on individual stocks? For example, I'd like to see some historical data for how long and at what levels $FL has had a high IV rank. Seems like it's been a while
Please somebody clarify me why gamma is negative for short call ? If CE short and underlying asset declines then how this is negative? Similarly if PE short and underlying asset increases then how this is negative and impact the profitability negatively ? Is it something always negative for option seller irrespective of favorable or unfavourable move?
Leave it to you, Doc, to take a series on _Greeks_ and work some *_Latin_* into it. Sometimes the Greeks sneak up on you, too. (As the people of Troy learned, _”Beware of Greeks bearing gifts!”)_ 😀 Take a vertical credit spread that goes against you. Specifically *BOTH STRIKES* in the money, then you just happen to notice that theta is now *NEGATIVE!*
Negative theta on a short premium position is always an eye-opener the first time it happens..! And what Greek course would be complete with a little Latin, you know!?!
Varies depending on account size mostly...but generally 1-5% of Net Liq for defined-risk and 3-10% of Net Liq for undefined-risk...the larger your account, the lower those numbers can be for you.
Tastytrade, the brokerage platform, was sold to another group. The network is a separate entity and was rebranded as Tastylive, so all these videos have mentions of Tastytrade blurred or bleeped.
Great recording. I'm glad the rolled all 5he lessons into one recording.
Indeed, so I don't have to do it on my own 😊
Anyone who wants to learn the right way must I mean must listen to this guy.
Preciate you, brother!
Dr. J is a great Teacher
Jim, thx for this masterpiece. this is just the first time I go through the material and I realize it is a colossal resource, I will have to come back to fix my knowledge and understanding.your work to make this video is amazing, you have a truly magical talent
Always excellent content
Thank you!
This is essential. I'm 2 years in to learning options and I gotta say, it's been difficult. This and your other videos on the subject really clarify some sticky points. Many thanks. Highly recommended
Great insight to options. Helps me understand why my low delta options lost money because I never understood the risk they posed. They looked to good being so inexpensive.
I watched this video 4 times. Awesomeness. Good job!
Make sure you use the index under more.
perfect and very informative
Oh man, that "Einhorn is Finkle, Finkle is Einhorn" at 56:56 is GOLDEN 😆
Great, as always!
Thank you, brother!
On my third go thru, awesome lessons.
Great! That was definitely NOT a "rho" session 😂👍 Saved it right away
such awesome explanations, the whole video.
Are there charts for IV rank available on individual stocks? For example, I'd like to see some historical data for how long and at what levels $FL has had a high IV rank. Seems like it's been a while
Sir, Can we get in touch 1 to 1 as a learner and faculty. Please reply. Regards
Best books for option trading for beginners, can you suggest me
Julia's book: Unlucky Investor's Guide to Option Trading
Please somebody clarify me why gamma is negative for short call ?
If CE short and underlying asset declines then how this is negative?
Similarly if PE short and underlying asset increases then how this is negative and impact the profitability negatively ?
Is it something always negative for option seller irrespective of favorable or unfavourable move?
its usefull for option buyer ???? delta?????
beautifull
great work!!!
I recently discovered the TastyTrade channel. Is there a reason why they mute out part of the tastytrade name every time someone says it?
Leave it to you, Doc, to take a series on _Greeks_ and work some *_Latin_* into it.
Sometimes the Greeks sneak up on you, too. (As the people of Troy learned, _”Beware of Greeks bearing gifts!”)_ 😀 Take a vertical credit spread that goes against you. Specifically *BOTH STRIKES* in the money, then you just happen to notice that theta is now *NEGATIVE!*
Negative theta on a short premium position is always an eye-opener the first time it happens..! And what Greek course would be complete with a little Latin, you know!?!
First like 🎉
lllgggg
🎉
what does small mean lol?
Varies depending on account size mostly...but generally 1-5% of Net Liq for defined-risk and 3-10% of Net Liq for undefined-risk...the larger your account, the lower those numbers can be for you.
Rho left the chat
"Charm" girl friend thinks you have more when you are IN the money
Haha - truth!
In the money and long 😉
Can you fix your audio?
Why do they bleep out things he says? Like "tasty*******" and you can tell he's saying "tastytraders".
Tastytrade, the brokerage platform, was sold to another group. The network is a separate entity and was rebranded as Tastylive, so all these videos have mentions of Tastytrade blurred or bleeped.
color is not greek, I would call it sigma, I would call charm lambda
Yeah, some of the Greeks have several names pointing to the same Greek, as if it's not confusing enough already.