๐Get 2 free stocks valued up to $3,200 when you deposit $100 in WeBull: https://act.webull.com/k/CfaJLUrdC3v2/main
๐Sign up for Robinhood and get a free stock, like Visa, Microsoft, or Apple! โ https://robinhood.c3me6x.net/rjg4jโโ
๐ Sign up for Public and get some free stock of your choice! https://share.public.com/inthemoneyadam
๐Sign up for M1 Finance and automate your investing: https://bit.ly/2OyLsLb
๐Use Atom Finance to keep track of your portfolio and the markets: https://bit.ly/3raJQ7sโ
๐Try out TastyWorks, an options-focused brokerage: https://start.tastyworks.com/#/login?referralCode=4EXEMN585H
(Depositing $2,000 helps support my channel)
๐ Follow My Trades on the mobile app, Iris https://invite.iris.finance/share/inthemoney
(Username @inthemoney)
๐ฒSupport the channel: https://www.patreon.com/inthemoney
๐ฒDiscord: https://discord.gg/Ye5Uvftโ
All promotions apply to the time the video is posted but may change and become irrelevant in the future. This description will not be updated to reflect this, check the newest video for the most up-to-date promotions.
You should not treat any opinion expressed on this YouTube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this YouTube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This YouTube channel is not under any obligation to update or correct any information provided in these videos or their descriptions. Statements and opinions are subject to change without notice.
Past performance is not indicative of future results. This YouTube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this YouTube channel. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested or lose more than their original investment. Investments or strategies mentioned on this YouTube channel may not be suitable for you. This material does not consider your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this YouTube channel. Before acting on information on this YouTube channel, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor.
โโโโโโโโโโโโโโโโโโโโโโ
In this video, we take a look at the common problem of not being able to get a filled order when trading options. The core of this issue revolves around the bid-ask spread and option liquidity, although we discuss getting cheaper fills by using basic technical analysis and the VWAP (Volume-Weighted Average Price).
The typical error is by not buying close enough to the ask and not selling close enough to the bid. The ask is where the sellers are at and the bid is where the buyers are located. That said, you want to sell where the buyers are and buy where the seller are. You can set an order somewhere in the middle and hope that someone meets you there, but this can take longer to get your option trade filled. A common problem new traders find themselves doing is not checking the bid-ask spread. If the bid-ask is wide, it can be costly and difficult to get in and out of a trade.
Itโs also important to use technical analysis to determine if it might be possible to get a cheaper fill. By setting a limit order below the bid-ask, or at least waiting for the ask to move down to you, you will be getting into the trade for an overall cheaper premium.
If youโve read this far have a good day and I love you.