Stop Predicting Direction. Trade These Two Things Instead

Options trading for beginners: if you can predict direction you are in a rare crowd. Jim Schultz says the real edge is in the two non-directional elements: time and volatility. More time means more extrinsic value. More volatility means more extrinsic value. The short side gets paid more because they take more risk. Jim walks through AMD, Micron, FedEx, and Apple to show you exactly how it works on the platform. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Three ways to make money: direction, time, volatility 00:55 Why the pros trade time and volatility instead 01:22 More time means more extrinsic value and why 03:30 More volatility means more extrinsic value and why 05:24 AMD: same strike at 23 days vs 58 days, nearly double 07:21 Micron: same strike at 2 days vs 23 days, half the price 08:25 FedEx vs Apple: same stock price, different IV, different premium 10:26 These are the two most important things we trade every day #tastylive #optionsforbeginners #extrinsicvalue #thetadecay #impliedvolatility #jimschultz #wheredoistart #optionseducation #premiumselling #tastytrade tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.