OPTIONS TRADING
FOR COMPLETE BEGINNERS
Options Instructor: Chris Butler
Timestamps:
- 0:00 Intro
- 00:30 What Are Options? Basic Definition
- 03:18 Key Options Terminology
- 03:54 Strike Price, Expiration Date, and Contract Multiplier
- 06:46 Buying Call Options (Long Calls) Explained (With TSLA Example)
- 12:48 What is Exercising an Option?
- 15:28 How to Lose Money Buying Call Options
- 18:20 Buying Put Options (Long Puts) Explained (With Examples)
- 24:12 Why You Don't Have to Exercise Options to Make Profits
- 26:33 Option Prices vs. "Exercise Profits"
- 29:19 Option Prices Explained: Intrinsic and Extrinsic Value
- 31:07 Call Option Intrinsic Value Explained
- 32:34 Put Option Intrinsic Value Explained
- 33:57 Why Options With NO Intrinsic Value Are Valuable?
- 36:03 Extrinsic/Time Value Explained
- 39:07 Understanding Option Prices AT Expiration
- 42:14 Option Prices vs. Time to Expiration & Stock Volatility
- 47:07 Option "Moneyness" Explained (In-the-Money, At-the-Money, Out-of-the-Money)
- 49:40 Introduction to 'Shorting' Options and Buying/Selling to Close/Open
- 51:40 Shorting Call Options Explained (Risk Graphs & Trade Examples)
- 55:02 Shorting Put Options Explained (Risk Graphs & Trade Examples)
- 59:58 Understanding Implied Volatility (IV) & Realized Volatility
- 1:03:01 Why Implied Volatility is Important
- 1:07:59 What Do Changes in Implied Volatility Represent?
- 1:09:10 Exercise and Assignment Explained Further
- 1:12:26 When Options Will Be Auto-Exercised/Assigned
- 1:15:07 Why Options Traders FEAR Early Assignment (And Why You Shouldn't Worry)
- 1:21:41 The Option Greeks Delta and Theta Explained
- 1:28:49 Examining Delta and Theta on Coinbase (COIN) Options
- 1:32:13 Understanding Position-Level Delta Exposure
- 1:34:52 Understanding Delta as Share Equivalency
- 1:36:37 tastytrade Options Trading Platform Overview
- 1:37:43 How to Read an Options Chain (The Trade Tab on tastytrade)
- 1:43:40 Buying Power Effect / Margin Requirement Explained
- 1:44:58 Volume and Open Interest Explained
- 1:50:15 Executing a Trade in QQQ (Buying a Put Option)
- 1:51:53 Placing a Stop-Loss Order
- 1:54:47 Closing My Long Put Option Position (Sell-to-Close)
- 1:55:29 Executing a SHORT Put Option Position (Sell-to-Open a Put)
- 2:00:29 Backtesting and Modeling Options Trades With OptionNET Explorer (Paid Tool)
- 2:11:50 Using an Options Pricing Calculator to Understand Option Prices (Free Tool)
- 2:12:02 Which Stocks/Options to Trade? (Analyzing Option Liquidity)
