I watch several TH-cam videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@@Susanne-zuku Bridget Mary Turow her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
This video is exactly the concise info I need to get into options day trading. You answered my questions on strike theory, you showed expiration class, choosing the underlying, perfect. And the visuals using TOS are just what I need for my own setup.
Good luck to you all day trading options, specially buying them ! I have been trading options for over 7 years and I have done intensive research on what works and what does not over the lung run, I also have spoken to the best options traders in the world ! and let me start by saying 1 thing. If you are buying an option You better have a good reason-idea on why you are buying the call or put. Now I do not mean you doing some form of technical analysis and thinking that is your reason and the idea behind it. Buying an option has 3 disadvantage making them harder to trade and be profitable compare to selling them. 1) Time decay. ( everyday your stock does not move your option is losing value) 2 Volatility ( If your option had a high implied volatility and it contracts , than your option will devalue in price, meaning you over paid for the option and this is if the stock moves your way 3 Options most of the time are over price because they are insurance and they have an expiration date. So if your option does not move with in your estimated time, than it will expire worthless and you will lose all you paid for it. Now how do you buy an option the proper way? Simple only when there is a catalyst that you expecting to happen and you could see that stock becoming volatile and have a crazy move. Example - Trump election is coming right? Well yo could essentially go and buy an option 60 days from now expecting for the option to gain value in price as it get closing to the elections as the volatility will increase. Also you must gauge the important indicators to have a better idea. I AM NOT TALKING ABOUT THE BS TECHNICAL ANALYSIS , RSI , MACD and others. I am talking about looking at the options skew, the put/call ratio, upcoming events, data from the feds and your volume profiles to see where is that stock at( in this case the spy) relatively to the supply/demand . For that reason in this case it will make sense to buy an option. To me the best thing to do when trading options is to sell naked puts and calls, also vertical spreads far out the money and collect premium when volatility is high. Now selling naked option is very risky but when you do it right you have an statistical and probable advantage. Essentially you become the dealer and you get pay to hold the risk.. ANYWAYS I AM NOT GIVING FINANCIAL ADVICE AND I AM JUST WRITING HOW WOULD I PLAY IF I HAVE TO BUY OPTIONS.
I APPRECIATED THIS VIDEO A LOT!!! YOU WERE CLEAR, DETAILED AND YOU GAVE FULL EXPLANATIONS... THIS IS MY FIRST VIDEO-- I'VE SEEN WITH YOU... BUT IT WILL DEFINITELY NOT BE MY LAST... GREAT JOB ON EXPLAINING THIS TO US
You have taught me more in 10 videos then I have learned throughout over a month and a half of trading and watching videos daily. I only play far out of the money and try to scalp and I wonder why I don't get anywhere. It's because I never have enough to do at the money or in the money contracts.
2nd this. The one you have isn't extremely clear. For example, when you're choosing your target zones, a more indepth candle explanation would really help.
Your videos been helping me so much more than the thousands I’ve watched before yours. Trying to figure out options! Seriously man ! Thanks for the video an how u break it down where I can understand it for once lol 😁👍👍👍
Wow, great instructions! Thanks for the video. Which option expiration week are you selecting? Is it the same Friday that of that week or 1 week or 2 out? Also, since this is for scalps or day trades what would you do for swings? Choose a 2 to 3 or 4-week expiration and then what strikes work best? Cheers!
First thanks for the video. Which option expiration week are you selecting? Is it same Friday that of that week or a week or 2 out? I am new to options. Thanks.
Question, what happens if you buy a call like in the NFLX option chain you have here at the 495 strike price with a bid of .18 and it goes to $0? I notice in the Active Trader the price just stops at $0, really curious what would happen.
what happens if you buy 6 otm and have a delta of .02 expiring, but the underlying skyrockets to the strike price. would that return more than buying a atm or near otm?
Why you guys NEVER mention the expiration time frame of the contract? Your contract does not expire yet if you bought it for a month or two out! so how can it be worthless if you still have time for news and changes to happen? which could turn things around for profitability?
Lol late to this video, but really enjoyed it and will subscribe. If you still read your comments, just curious if you ever swing trade longer option trades and how you pick contract dates for each type of trading. Thank you Carmine
This was the video with the information that I've been looking for! I started papertrading options this morning to test out the waters, and was wondering why I got little to no yield on such a big move, but I can see why now. As you were checking different Options charts, I was doing the same thing on my own charts and noticed such a huge difference on the options I played versus the ones I SHOULD'VE played!
this is one of the best-detailed videos about options I've ever seen. Thank you for taking the time to make this. I'm new to options and now I'm a new subscriber.
Bro another fire video, your killing it out here man. Glad to be a early fan because you will get a good following,. Keep up your cadence and strcture its great, maybe add some more pop up graphics on top of the video when referencing stuff ( I.E. Definitions, Macro Charts, Articles ETC...)
Ok- assuming you were only flipping the option, not holding to expiration…. Here is the scenario: Stock is currently at $30 . The stock will move to $31. Would it be most profitable to buy a $29, $30, or $31 call option?
Excellent on so many levels: but how did you get the P/L from "Monitor" to show at bottom of "Trade" tab to show real time P/L of your option Call ... either way you seem to make TOS "sing" ... Thank you!
Great work! Question. Let’s say for example I buy $10000 worth of spy call contracts and the price goes up 5 dollars and you sell! When you sell those contracts do you always need that amount of money In Your account to cover the cost? The question maybe a little confusing but I hope you understand. Just wondering how the money works! Cheers
Can somebody help me identify ,. i am beginner in Options . I want to close a vertical spread which i open last month, now closing and its expiry ( 17 july 2020) . and both long and short are out of the money . Long Strike price is $17.50, Short Strike price $20 , Current Stock price $15 . when i try to close it , it shows Maximum Profit $550. Maximum loss $1950. Thinkorswim. Which is showing Loss this much , why this much loss ?
I love your videos man, and I understand it however it just seems like you’re moving a little to fast when explaining it. If you can slow it down a bit so that some of us newbies can full gasp the navigation of thinkorswim and the information given. I appreciate all that you do bro.
It doesn't matter it the contracts don't go up alot in cents the percentage is what matters. Just buy more contracts. 30% of a 1000 investment is still 300 dollars weather the contracts are 50 cents or 3 dollars
Keep it up bro, This really me helped me understand TOS contracts a bit more for sure .. I always wonderful why I wasn't gaining as much but I guess this was the answer I needed all along .. When I'm buying contracts I keep getting eaten up even when it was going in my direction .. also another thing is when taking profits I'm not able to take in profits as quick once I see a $200 gain by the time I try to get out of position I'm losing my gains already .. or go negative .. how can I take profits fasters in way? Can you make video on fast execution?
You are one of the best at explaining options trading on ToS I am very happy to have found you. Considering subscribing to your services. The commercials that play with that bearded guy are extremely distasteful though. Very difficult to bear them for even a few seconds, Would you consider moving to different ads? His ads are probably costing you more viewers than the revenue they generate.
Could you do a video of a good swing contract to go with? Like up to a week or two? And what the delta and theta should be? And how far out the money or in it should be?
Damn I can see the potential of it but I still have a hard time understanding everything, thanks for the vid your makin it look way simpler than a lot of people! keep up
Bid ask spr ad Derrernines liquidity 1.Volume 2. Open interest Volume how many contracts traded today I. E. ATM call volume =6500(compared to 5k Ath above it) 3:3 Open interest Tells how many contracts used as open position interest 1820 open (Total traders are also trading it) Other than liquidity Delta (speed or velocity) points per day E. G. Delta=30 means In the money (or out of Money) Note he never plays in the money (me:ok so he o lying plays the call strategy?! set profit target to be = out of the money Strategy want contracts to come close to in the money 💰 Only then deltas go up, so do Premiums (go up) Delta is a proxy of a the greater percent (On contract ) Unique strategy 1 at the money 2 out of the money I. E. Great Apr =I. E. 50 60 points a day like ones with Great names goog amzn 1 strategy: play 3 to 4 3 OTM 4 OTM 5 OTM(eveb 6 OTM) As delta=0.33 (close to 0.30) Note some cases it's 2 OTM Example ntflx sigh balanced supply Using candle formations After a double topsignal 'down' Or ('short at supply') Have to have profit target 🎯 for every trade So you can exit correctly Good understanding where that area is gonna be -predetermined before entry Check it I'm the option chart visualize percent return 10 otm yielded 33 % Contract moved from 26 cent to 32 cent High percentage move but note Contracts didn't move that much! 9:55 What why why : Deltas are Too Low! Nice scalping strategy at the end (if only trend goes the direction you want)
Thanks so much for the cintent I watch every single video on your channel! Could you make a video where we see you actually drawing the supple and demand zones?
I watch several TH-cam videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@WilliamEthan00 What is the name of your broker and how do i connect with him or her ?
@rachealhubert74 Wow that was easy, i found her website and left a message for her . i hope she reply me. thanks.
@@Susanne-zuku Bridget Mary Turow her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
Trade a virtual account. You definitely are not ready to be using real cash.
This video is exactly the concise info I need to get into options day trading. You answered my questions on strike theory, you showed expiration class, choosing the underlying, perfect. And the visuals using TOS are just what I need for my own setup.
Good luck to you all day trading options, specially buying them ! I have been trading options for over 7 years and I have done intensive research on what works and what does not over the lung run, I also have spoken to the best options traders in the world ! and let me start by saying 1 thing. If you are buying an option You better have a good reason-idea on why you are buying the call or put. Now I do not mean you doing some form of technical analysis and thinking that is your reason and the idea behind it. Buying an option has 3 disadvantage making them harder to trade and be profitable compare to selling them.
1) Time decay. ( everyday your stock does not move your option is losing value)
2 Volatility ( If your option had a high implied volatility and it contracts , than your option will devalue in price, meaning you over paid for the option and this is if the stock moves your way
3 Options most of the time are over price because they are insurance and they have an expiration date. So if your option does not move with in your estimated time, than it will expire worthless and you will lose all you paid for it.
Now how do you buy an option the proper way?
Simple only when there is a catalyst that you expecting to happen and you could see that stock becoming volatile and have a crazy move. Example - Trump election is coming right? Well yo could essentially go and buy an option 60 days from now expecting for the option to gain value in price as it get closing to the elections as the volatility will increase. Also you must gauge the important indicators to have a better idea. I AM NOT TALKING ABOUT THE BS TECHNICAL ANALYSIS , RSI , MACD and others. I am talking about looking at the options skew, the put/call ratio, upcoming events, data from the feds and your volume profiles to see where is that stock at( in this case the spy) relatively to the supply/demand . For that reason in this case it will make sense to buy an option. To me the best thing to do when trading options is to sell naked puts and calls, also vertical spreads far out the money and collect premium when volatility is high. Now selling naked option is very risky but when you do it right you have an statistical and probable advantage. Essentially you become the dealer and you get pay to hold the risk.. ANYWAYS I AM NOT GIVING FINANCIAL ADVICE AND I AM JUST WRITING HOW WOULD I PLAY IF I HAVE TO BUY OPTIONS.
I APPRECIATED THIS VIDEO A LOT!!! YOU WERE CLEAR, DETAILED AND YOU GAVE FULL EXPLANATIONS... THIS IS MY FIRST VIDEO-- I'VE SEEN WITH YOU... BUT IT WILL DEFINITELY NOT BE MY LAST... GREAT JOB ON EXPLAINING THIS TO US
You have taught me more in 10 videos then I have learned throughout over a month and a half of trading and watching videos daily. I only play far out of the money and try to scalp and I wonder why I don't get anywhere. It's because I never have enough to do at the money or in the money contracts.
Can you make an updated vid about all the ways you indentify supple/demand zones, and thank you for the free content and education
2nd this. The one you have isn't extremely clear. For example, when you're choosing your target zones, a more indepth candle explanation would really help.
Thought I was the only one. I would like for you to explain a little more about how to determine where these zones are. Great content btw
Your videos been helping me so much more than the thousands I’ve watched before yours. Trying to figure out options! Seriously man ! Thanks for the video an how u break it down where I can understand it for once lol 😁👍👍👍
One of best videos I've seen for trading options. Thanks
It really helps when you show the P/L on the active trader or im lost as to what is happening. Thanks.
Never look at your P/L when trading
The Best and to-the-point explanation video. Learned so much from it. Thank you Carmine, keep posting good stuff.
So the smaller the move or scalp the closer to the money is what you want right.
This video has helped me tremendously! Thank you!
Wow, great instructions! Thanks for the video. Which option expiration week are you selecting? Is it the same Friday that of that week or 1 week or 2 out? Also, since this is for scalps or day trades what would you do for swings? Choose a 2 to 3 or 4-week expiration and then what strikes work best? Cheers!
This video may be old, but could you explain why you wouldn't buy ITM long option?
atm options are risky due to vega exposure. need to make sure the underlying isn't going to get iv crushed
First thanks for the video. Which option expiration week are you selecting? Is it same Friday that of that week or a week or 2 out? I am new to options. Thanks.
what brokerage is this? and charting platform?
my man! legend. great stuff!
Question, what happens if you buy a call like in the NFLX option chain you have here at the 495 strike price with a bid of .18 and it goes to $0? I notice in the Active Trader the price just stops at $0, really curious what would happen.
so if i have a margin account under 25k but my options say standard cash do i have unlimited cash in trading options?
How far back do you go to draw in your supply and demand?
Hi,Thanks for the clear videos,can tell us what broker (Platform) are you using?is it possible to set up an account? Thanks
TD Ameritrade. Thinkorswim
Would you please explain supply and demand zones? By the way i truely enjoy your videos, thanks
what happens if you buy 6 otm and have a delta of .02 expiring, but the underlying skyrockets to the strike price. would that return more than buying a atm or near otm?
Thx, learning a lot from your videos. Hopefully I can start making some money
You can do it!
thanks for the knowledge man📈
thaks so much, really love this one
Great stuff man
Thank you !!
Thank you 🙏🏻
nice, higher extrinsic value.
How do you get the clouds on your chart on think or swim?
What cloud?
Your supply and demand zones
Eric Pinkett they are based from price imbalances. I manually draw them
I know, I’m just curious on how you actually draw those lines on thinkorswim. Like where can I find the tool
@@EricPinkettYT You use the trendline in drawing tools
Why you guys NEVER mention the expiration time frame of the contract? Your contract does not expire yet if you bought it for a month or two out! so how can it be worthless if you still have time for news and changes to happen? which could turn things around for profitability?
dude your fucking awesome! thanks for the free info, probably gonna watch all of them lol
What does out of the money mean
Thanks keep them coming
4:50
THIS WAS THE VIDEO IVE BEEN LOOKING FOR ON TH-cam FOR MONTHSSSS THANK YOU MAN YOU EARNED A NEW SUB
Dam bro, thank you for this 👏👏👏
No problem 👍
Lol late to this video, but really enjoyed it and will subscribe. If you still read your comments, just curious if you ever swing trade longer option trades and how you pick contract dates for each type of trading. Thank you Carmine
I personally do not swing trade!
This was the video with the information that I've been looking for! I started papertrading options this morning to test out the waters, and was wondering why I got little to no yield on such a big move, but I can see why now. As you were checking different Options charts, I was doing the same thing on my own charts and noticed such a huge difference on the options I played versus the ones I SHOULD'VE played!
Fantastic!
Same here! Same case, Thanks Carmine
So you make more money out of the money than In the money..that's crazy
this is one of the best-detailed videos about options I've ever seen. Thank you for taking the time to make this. I'm new to options and now I'm a new subscriber.
I hate these blurry videos. Every think. or swim options trading video I look at is blurry.
Lol
Subbed. This made complete sense to me. Thanks Carmine, keep the vids like this coming.
Thanks for the sub! Glad I can help
for dday trading / scalping options, are you doing one week expiration? 2 weeks? What's optimal?
Bro another fire video, your killing it out here man. Glad to be a early fan because you will get a good following,. Keep up your cadence and strcture its great, maybe add some more pop up graphics on top of the video when referencing stuff ( I.E. Definitions, Macro Charts, Articles ETC...)
Got it! thanks for the advice george
Good video. To the point. No unnecessary introduction and begging or pleading to subscribe which almost everyone else does. Good job. Thank you.
I appreciate that!!! Enjoy
Nice video! What are your thoughts on different expirations? Do you always go same day?
Ok- assuming you were only flipping the option, not holding to expiration…. Here is the scenario:
Stock is currently at $30 . The stock will move to $31. Would it be most profitable to buy a $29, $30, or $31 call option?
Excellent on so many levels: but how did you get the P/L from "Monitor" to show at bottom of "Trade" tab to show real time P/L of your option Call ... either way you seem to make TOS "sing" ... Thank you!
Great work! Question. Let’s say for example I buy $10000 worth of spy call contracts and the price goes up 5 dollars and you sell! When you sell those contracts do you always need that amount of money In Your account to cover the cost? The question maybe a little confusing but I hope you understand. Just wondering how the money works! Cheers
Can somebody help me identify ,. i am beginner in Options . I want to close a vertical spread which i open last month, now closing and its expiry ( 17 july 2020) . and both long and short are out of the money .
Long Strike price is $17.50, Short Strike price $20 , Current Stock price $15 .
when i try to close it ,
it shows Maximum Profit $550. Maximum loss $1950. Thinkorswim.
Which is showing Loss this much , why this much loss ?
Yo, you gotta explain the expiration dates for scalping and entry day. You kept repeating yourself with other stuff. 🤷♂️
I love your videos man, and I understand it however it just seems like you’re moving a little to fast when explaining it. If you can slow it down a bit so that some of us newbies can full gasp the navigation of thinkorswim and the information given. I appreciate all that you do bro.
Wow, so helpful, this is the explanation I had been looking for. Thank you
Hi Carmine! how do you know where is the supply&demand line is? its like support and resistance line?
He has a good video already about it
@@SManIsMe ok, thank you for the answer, i will watch all his videos
What’s the name of that supply and demand zone indicator on your chart??
No indicator. I manually draw each level
@@carmine_rosato do you have a video on how you do that?
Maybe I missed it but if you are just going to hold the options a day or two which expiration date are you choosing? Thanks!
do you only do options? or do you do future trading too? If you do future can you post a video of it too when you have time to do it.
Very well explained and to the point, thanks for this video, subscribed :)
Hey man thank you for the videos! Been doing well in my side too. You are a massive help! Keep up the good work.
Glad to help! Thats why I make videos like this in the first place
How do you choose stocks for options ? ,,,I’m new ,,, so I’m starting with swing trading first
It doesn't matter it the contracts don't go up alot in cents the percentage is what matters. Just buy more contracts. 30% of a 1000 investment is still 300 dollars weather the contracts are 50 cents or 3 dollars
Great video, fire content , would love to see you do a live 👍
I missed that NFLX play, was looking at TWTR, I even had the Netflix one draw out and planned ):\
Awesome video thx so much Carmine your videos are very informative and full of great insights
You still use the .30 delta for day trading Nowadays?
Keep it up bro, This really me helped me understand TOS contracts a bit more for sure .. I always wonderful why I wasn't gaining as much but I guess this was the answer I needed all along .. When I'm buying contracts I keep getting eaten up even when it was going in my direction .. also another thing is when taking profits I'm not able to take in profits as quick once I see a $200 gain by the time I try to get out of position I'm losing my gains already .. or go negative .. how can I take profits fasters in way? Can you make video on fast execution?
yes... watch my active trader video! that helps with faster entries and exits
So would you say liquidity is a higher volume than open interest on a contract?
Great video! Do you also Sell MKT in this scenario?
your trading tactic works well, thank you for showing it
I just subscribed, you communicate well and speak clearly and slow enough so thank you.
Awesome, Thank you Evan!
This video was very helpful. Thanks!
Thanks for the video. Does the 250 membership give me lifetime access to your chat?
Yes!
@@carmine_rosato epic, I'll see you In it
hi, you need to make video with zoom in screen, we did not seen things clearly
Holy Christ best video I’ve seen in a long time. Need to get on your team
Hi can you make video on how to choose correct expiration and also how to pick correct straddle
Yes I can make a video on choosing expiration
Great Vid! I learn something from you in every one of them thank you! Nice trade by the way....
I appreciate that Mark!
Great video. Im new to options but how do you draw your 30 min, 1 hr, daily S&D zones and what size do you make the rectangles?
amazingly helpful. thank u. subbed:)
Awesome!! Appreciate that
Perfect explanation thanks buddy
No problem 👍 Glad you enjoyed
Somebody give this man a Nobel Peace Prize. Exactly that I was looking for. New subbie! ✨
Awesome!! just the vid I was looking for. Thanks man
Glad I could help you
You are one of the best at explaining options trading on ToS I am very happy to have found you. Considering subscribing to your services. The commercials that play with that bearded guy are extremely distasteful though. Very difficult to bear them for even a few seconds, Would you consider moving to different ads? His ads are probably costing you more viewers than the revenue they generate.
Could you do a video of a good swing contract to go with? Like up to a week or two? And what the delta and theta should be? And how far out the money or in it should be?
Awesome video
Damn I can see the potential of it but I still have a hard time understanding everything, thanks for the vid your makin it look way simpler than a lot of people! keep up
Bid ask spr ad
Derrernines liquidity
1.Volume
2. Open interest
Volume how many contracts traded today
I. E. ATM call volume =6500(compared to 5k Ath above it)
3:3 Open interest
Tells how many contracts used as open position interest
1820 open
(Total traders are also trading it)
Other than liquidity
Delta (speed or velocity) points per day
E. G. Delta=30 means
In the money (or out of Money)
Note he never plays in the money
(me:ok so he o lying plays the call strategy?!
set profit target to be = out of the money
Strategy want contracts to come close to in the money 💰
Only then deltas go up, so do Premiums (go up)
Delta is a proxy of a the greater percent (On contract )
Unique strategy
1 at the money
2 out of the money
I. E.
Great Apr =I. E. 50 60 points a day like ones with Great names goog amzn
1 strategy: play 3 to 4
3 OTM
4 OTM
5 OTM(eveb 6 OTM)
As delta=0.33
(close to 0.30)
Note some cases it's 2 OTM
Example ntflx sigh balanced supply
Using candle formations
After a double topsignal 'down'
Or ('short at supply')
Have to have profit target 🎯 for every trade
So you can exit correctly
Good understanding where that area is gonna be -predetermined before entry
Check it I'm the option chart visualize percent return
10 otm yielded 33 %
Contract moved from 26 cent to 32 cent
High percentage move but note
Contracts didn't move that much!
9:55
What why why : Deltas are Too Low!
Nice scalping strategy at the end
(if only trend goes the direction you want)
Carmine you the man, incredible way to teach man clean and right to the point, bless may man
No reason to complicate trading ! Thanks
YESS this is exactly what I’ve been looking for
Glad the video can help!
market order in? if that thing rips you are fooked
Has anybody took his course and was it worth it
Great video Carmine
Thank you!
Why not more in the money your delta is higher and the price movement will be much higher. Say like a 60-70 delta?
Because if stock doesn't move in your favor, you will lose that just as fast
Thanks so much for the cintent I watch every single video on your channel! Could you make a video where we see you actually drawing the supple and demand zones?
Great explanation! Thank you
Can you please do a live video for scalping??? show us how you would pick a strike price when to buy and when to sell... thanks
Yes, great idea
thanks man very helpfull and detailed
Come on! More than 11k views and just 625 likes!!!! Thanks for your videos Carmine.
Thank you for your support!
You never talked about way in the money