If you need a brokerage account and you’d like to trade with tastyworks, get one projectoption course for free when you open and fund your first tastyworks brokerage account with $2,000 or more: https://www.projectoption.com/free-options-trading-course/
Learn More About tastyworks: https://www.projectoption.com/tastyworks/
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Trading weekly options can be an immensely lucrative strategy, as it’s possible to 10x or even 100x the money put into these strategies. But those returns come with high risks.
In this video, I break down a recent options trade I made in Zoom Communications (ticker symbol: ZM). I explain the logic behind my trade, how I adjusted the trade to become risk-free, and the total profit of the trade when accounting for all of the separate transactions.
The trade returned 226% relative to the capital used to initiate the trade, and the trade was held for less than 24 hours.
I hope you learn something about managing short-term option positions in this video.
Be sure to leave a comment down below with any questions you may have!
=== RECOMMENDED VIDEOS/RESOURCES ===
Call Options 101: https://youtu.be/fUZHmJAvN30
Implied Volatility Explained: https://youtu.be/H-NHZq-skFo
Stock Options Trading 101: https://youtu.be/3bELT5FZCic
Why Early Exercise/Assignment is Rare: https://www.youtube.com/watch?v=7pTb1a5IgKM
Options Trading For Beginners (PLAYLIST): https://www.youtube.com/playlist?list=PL33AZa4cv-o58ldr-5zSn4ROx4SZG7Jyo
tastyworks Tutorials (PLAYLIST): https://www.youtube.com/playlist?list=PL33AZa4cv-o56a2BO3jpK_PBUFe3FdvxP
Option Pricing EXPLAINED: https://youtu.be/-nnJ4pMBaxA
Options Trading 101: https://youtu.be/3bELT5FZCic
