BE VERY CAREFUL TRADING WEEKLY OPTIONS!
What do you do when you see a trade, have good reasoning behind it, but don’t pull the trigger? What do you do when you see that very same option go up 1000%? This relates to my video on controlling your emotions while trading, but this happened to me today so I thought I would share it, and explain some of the logic behind why Tesla was a good candidate for put options this morning, and how the same logic can be applied to other trades where the stock gaps up on news that isn’t based too fundamentally and is shaky.
Let me know what you guys think and comment your options trading questions below so I can answer them for you! Also what do you guys think about 2 videos a day!?
SUBSCRIBE & LIKE for more videos COMMENT below if you have any questions and I will respond or make a video!
Thanks again to the people who have been subscribed despite the lack of content, means a lot and I will do my best to give you guys what you came here for! Remember, I love you. Frfr. Especially those interacting yall the best!
If you haven’t done so follow me on social media! I am most active on Instagram
Instagram: http://www.instagram.com/thetradingfraternity
Facebook: http://www.facebook.com/tradingfraternity
Twitter: http://www.twitter.com/joshanswers
these videos are very helpful. thank you.
Cant seem to find the think or swim tutorial.
Do you always like to go like 8 strikes OTM?
and BTW these same TSLA puts went to about 12.00 so it's now 500 to 12000
It's simple. Trading Weeklies is akin to gambling.. So If you like to gamble then weeklies are great for you imo. I tell people all the time, If I'm going gamble (outside of sports) I'd rather gamble on weekly options vs going to my local casino to play the slots or card games, Those NKE 78 weeklies did great as well!
Awesome Josh! Thank you for these GREAT vids!
Thanks bro, its nice to hear your thougths
can you make a video about the prons and cons of a longer term option
I hear you I missed the sell off too and was pissed but caught the bottom and kinda felt better hehe good to see you are back … hope all is well.
Love these videos bro keep it up glad your back