Tom Sosnoff l Options Trading Strategies You MUST Know
Вставка
- Опубліковано 11 січ 2021
- Join Tony Zhang, Chief Strategist of OptionsPlay & CNBC Contributor of Options Action and Tom Sosnoff of TastyWorks as we discuss various options strategies and the trade-off between each one. We answer user submitted questions regarding all of your favorite option strategies.
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Slides: www.dropbox.com/s/1j3pkhgjdy4...
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Did you enjoy this video? Comment your thoughts!
Hey, I’m trying to join optionsplay but my email verification expired I guess and I was wondering if there’s any way around it...
I loved the video.. priceless information.. both communicate so clear. Will look into tasty works 🙂
@@DavidMachadoo Hey Daniel I appreciate you joining. If you email info@optionsplay.com we will fix it for you
@@jasondratman5584 Thank you Jason! :)
If we assume probability in the money(TastyWorks displayed) is correct, statically your trade is a losing trade, according to my calculation.
THIS IS ONE OF SEVERAL MOST RE-WATCHED VIDEOS. I LIKE LOOKING AT YEAR TO YEAR COMPARISONS AND POSSIBLE TRENDS. I AM DOING MY LEVEL OF DUE DILIGENCE AND AIM TO TEST RELEVANT & TIMELY STRATEGIES/TECHNIQUES: DELTA MANAGEMENT, ROLLING UP AND/OR OUT, PREMIUM COLLECTION BASED ON WIDTH OF STRIKES, USE OF STRADDLES AND EXECUTING OTHER SPREADS TO OFFSET PLAYS THAT GO AGAINST YOUR POSITION WITHOUT ADDITIONAL RISK AND CAPITAL. THANK YOU.
Tom Sosnoff is the best!
Thanks for this video!
This is one of the best you tube videos i have ever seen. Thank you both
Tony you are great at explaining the concepts using real situations and live data
👏🏻👏🏻 first time visiting this channel. I am surprised to see Tony here. I have watched him on Fidelity’s webinars
Welcome aboard!
Thanks for posting the recording Tony, I missed the live meeting yesterday. I can't wait for tastyworks to arrive in Canada.
Hi Tony and Tom.. what a great video.. Thank you guys so much for the detailed walk through and thought process behind it.. Keep up the great content..!!
Hi Tony, I have been watching your presentation for a while. I learned a lot and thank you for sharing your knowledge. 👌🙏
Thank you soooo much Tony and Tom for this information! I always pick up some great info from these sessions! Please keep them coming !
Thanks so much. We try to put as much content out to help you out. Happy trading!
thanks for asking about them coming to canada!
Really very useful Tony. Tom is always a class act
Great session Tony !!!! thank you
Lots of great info. Thank you!
Gold mine of a session! Tom is so free in his talk and uninhibited. Great control of discussion by Tony too. Brilliant session!
Thank you very much, Varun! It was a valuable experience. Thank you for watching
This is what I have been looking for. Tom likes discussing theories and strategies but never spoke in details on taking position until now. This is really great, thank you so much.
Thanks for watching!
What an awesome and rich session! Thank you so much, Tom & Tony!
Thanks for watching!
Outstanding! Tom has concepts I have memorized. Tony is to be congratulated for this.
I appreciate the kind words. Thank you for watching!
Hi Tony Can you make a video showing the concepts on how to choose one over the other in a bite size video. Having few different examples in a small video helps to get the concepts right.
Thank you, this was exactly what I needed at this point in my learning path.
Glad this was helpful!
Haven't even gone through the whole video and already know that this is a gem. Having real examples and strategies applied really assists in understanding and you both waking through your logic really helps with the way of thinking about plays. Thank you. Subscribed!
great video. thanks guys!
learned so much from this. great session with Tom👍👍👍
Thank You Tom. Because of ToS, I myself learned how to trade options.
I learn from Snosnoff more than anyone else. And I use his techniques. For example, my portfolio delta today is 884 and my total theta is 1439. And I really look forward to earnings plays. Tom has made me money and I am strongly considering leaving TDAM for Tasty Works. The downside with that is the lack of paper money. I always place my trade in paper trade first to see if the fill meets my portfolio overall. TDAM has paper. My trading account is in the middle six figures so i cannot afford to be late to the party. That includes futures.
Watching this 2 months later for the first time and hearing you guys talk about the possibility of impending correction (which happened) is incredibly interesting.
?? what correction?.... spy only dropped 4% hence no correction
Enough good info here to craft a trading plan. Thanks for this.
Great discussion. Thank you merry much!
Thank you for watching Kenneth!
Thank you for the insights, Tom and Tony 👍 This was one of the most information dense videos on the youtube.
Qaaaaq
Happy to hear that!
Love Tom great thank you Tony for hosting
It's always great having him. Thanks for watching Mark!
@@OptionsPlay I found you and through you found Tom , really blessed to have your help and guidance in the options markets
Solid Gold once again
Wow Tom is genius, I hope this goes in everyone's blood so everyone can make money instead of taking losses in trading. One question how do you screen stocks for the week for different strategy? Hope you can cover this question next time with Tom and yours insights on reply will be appreciated!
do the same rules apply with bearish spreads?
Question.? What is the down side on debit spreads if you slide down both or just the long strike. The Delta is better as in entry and acceleration and the BE is improved. What I’m I missing. Thank you, Excellent podcast.
Pretty big deal interviewing Tom. Great video!
Great stuff Tony, I am learning a lot from your explanations of how to pick the strike prices for the credit / debit spreads. But could you please do a video on how much you would multiply the size of the position relative to your account size?
i.e. For your Fedex example on a $100k account, would you be collecting/buying $5k in premium for this trade?
Hey Tony! Great video! What about getting another conversation like this with Peter Reznicek?
Does Tastyworks offer Portfolio Margin or is planning to do so near future?
Thanks for advance!
Incredible, you mean we get to hear from the creator of TOS and a CNBC rock star for free
Thank you so much!
toms a cool guy :)
Was the is Jan 2020 or Jan 2021?
what range of IV rank consider to high and low?
Anything below 20 is considered low anything above 50 is considered high.
So I've only been trading options for a few months, and I've been doing very well but it's mainly with debit spreads. Which obviously in this market is making money. Following tastytrade and Tom I get the vibe that I should be selling premium. Out-of-the-money iron condors and strangles. Do you guys actually use debit spreads? Or is it mainly a delta neutral strangle? I'm really at a Crossroads of what I should be doing from this point on. please let me know!
You can't lose your shirt doing debit spreads. Keep up the good work.
@@andylaque Spent a good few months really educating myself on options in general. Only been trading for a few weeks, I don't see why I can't continue what I've been doing. I just got the vibe from tastytrade that I should be more delta neutral in selling premium
@@GolfW4ng no opinion on their strategy.
Keep doing what works for you.
Do what works for you. Tom said he does debit spreads in products with low IV rank. But he normally looks for products with high IV rank to sell premium
Debit spreads are better for low iv, since when we have low IV we get less premium. If that strategy is doing well for you keep doing it, but there is no magic formula for options so I would try to diversify so you can make money no matter the direction the market takes.
you've been trading for 15 years? what age are you?! great video thanks!!
“butterflies are very low probability” is not necessarily a correct statement right?
If you structure them a certain way they are actually pretty high prob..but at a higher initial cost. These guys know a hella more than I do so I dont know why that statement.
Is this video made in February 2021?
Do you have a teaching video on all the options terms that are used in Options trading. Its difficult to understand the terms without explaining the basics. Along with all the discussions on different strategies please include the basics of options terms and explain about spreads, what is a spread, what is a strategies, how to use them. A beginner learning to swim first feel the water goes in a place where can walk then swim. If goes into the deep water without swimming he'll or she will drown. please include basic teachings along with regular so that it will be profitable for all.
I need to make 100k. What can I buy in size?
Mechanical Rules...rev up the Hemi, lay down the rubber and smoke the tires...
CANADA!!!!!11
How u know when you get paid by theta??? I thought u only lose in a theta
If you are buying options Theta is negative if you are selling options theta is positive.
While you are stuck in the mud, the Canadian banking oligopoly is working to beef up their platforms. In addition Canada has terrible trading restrictions; no incentive to improve + low options liquidity.
Tom’s introduction “which produces eight hours of educational” is incorrect
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Woow woow 😍💋 💝💖❤️
Lol is the guy who owns the damn trading platform supposed to be able to trade??