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Selling Vertical Spreads on Tastytrade | Step-by-Step Tutorial
Open a Tastytrade Account: start.tastytrade.com/#/login?referralCode=PKSKCFVD2J
Today we’ll be discussing short vertical spreads and how to trade them within Tastytrade. We’ll start by learning what they are, how they work, and how to manage them throughout the life of the trade. Also, if you haven’t yet opened an account with them yet, consider using my link below.
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SUPPORT THE CHANNEL (& get something back) 👇
ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin
TradingView (Best charts in the game)
www.tradingview.com/?aff_id=30508
Tastyworks (Great for options traders)
start.tastytrade.com/#/login?referralCode=PKSKCFVD2J
Webull (UP TO 12 FREE STOCKS)
a.webull.com/KJLaoiDnnHrFKovdOg
MY WEBSITE (Work in progress)
shortthestrike.com
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Timestamps:
0:00 - Introduction
0:20 - What are short vertical spreads?
0:47 - Accessing the option chain in Tastytrade
3:01 - How to buy and sell options
3:39 - Vertical spread example
5:40 - Managing risk with vertical spreads
9:08 - Understanding max profit and max loss
11:23 - Tracking your trade
12:09 - Selling vertical call spread
16:33 - Outro
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You should not treat any opinion expressed on this UA-cam 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 UA-cam channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This UA-cam 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.
Disclaimer: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.
Переглядів: 6 159

Відео

Creating Advanced Scans and Alerts Using ThinkorSwim Stock HackerCreating Advanced Scans and Alerts Using ThinkorSwim Stock Hacker
Creating Advanced Scans and Alerts Using ThinkorSwim Stock Hacker
Переглядів 7 тис.9 місяців тому
Today we’ll be learning to create scans based on technical indicators or study crossovers. Specifically, we'll be scanning for a recent change in the Hull Moving Average. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great for options traders) start.tastytrade.c...
How to Create Alerts on Tastytrade | Step-by-Step TutorialHow to Create Alerts on Tastytrade | Step-by-Step Tutorial
How to Create Alerts on Tastytrade | Step-by-Step Tutorial
Переглядів 1,3 тис.9 місяців тому
Open a Tastytrade Account: start.tastytrade.com/#/login?referralCode=PKSKCFVD2J In this short video, we'll be covering how to set up price alerts in Tastytrade and even how it can be done on an option contract. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great...
How to Place Stops on Tastytrade | Step-by-Step TutorialHow to Place Stops on Tastytrade | Step-by-Step Tutorial
How to Place Stops on Tastytrade | Step-by-Step Tutorial
Переглядів 1,2 тис.9 місяців тому
Open a Tastytrade Account: start.tastytrade.com/#/login?referralCode=PKSKCFVD2J Stops can be a useful tool to manage risk and protect profits. So, today we’re going to learn how they work, and how to use them on the Tastytrade platform. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_...
Shorting Stock on Tastytrade | Step-by-Step TutorialShorting Stock on Tastytrade | Step-by-Step Tutorial
Shorting Stock on Tastytrade | Step-by-Step Tutorial
Переглядів 9709 місяців тому
start.tastytrade.com/#/login?referralCode=PKSKCFVD2J In this video we’ll be learning about shorting stocks on Tastytrade, which for those of you who might unfamiliar, shorting iis a strategy to profit from falling stock prices. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 ...
How to Scan for Specific Stocks Using ThinkorSwim Stock HackerHow to Scan for Specific Stocks Using ThinkorSwim Stock Hacker
How to Scan for Specific Stocks Using ThinkorSwim Stock Hacker
Переглядів 7 тис.9 місяців тому
One of the best features in thinkorswim is the ability to create incredibly advanced scans to find stocks you’re actually interested in trading. This tool is incredibly advanced, and be a bit confusing if you’re brand new to it, but today we’ll cover all the basics. In this video we’ll learn how the scanner works and go through a real life example of creating custom scans. SUPPORT THE CHANNEL (...
How to Use the Pair Trading Tool in ThinkorSwimHow to Use the Pair Trading Tool in ThinkorSwim
How to Use the Pair Trading Tool in ThinkorSwim
Переглядів 7 тис.11 місяців тому
Today, we're going to talk about Pairs Trading and a tool within thinkorswim specifically made for it. For those of you unfamiliar, pairs trading is a type of arbitrage that involves simultaneously buying and selling two highly correlated securities.It can be used in essentially any market, whether it be stock, etfs, futures, or forex. Pretty much anything as long as the assets are highly corre...
Understanding Balances and Buying Power on ThinkorSwimUnderstanding Balances and Buying Power on ThinkorSwim
Understanding Balances and Buying Power on ThinkorSwim
Переглядів 10 тис.11 місяців тому
Today, we're going to learn some key terms related to balances and buying power on the ThinkorSwim. This includes Net Liq, Cash & Sweep, Option Buying Power, Stock Buying Power, and Day Trading Buying Power. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great fo...
Creating Custom Columns for ThinkorSwim Watchlists and PositionsCreating Custom Columns for ThinkorSwim Watchlists and Positions
Creating Custom Columns for ThinkorSwim Watchlists and Positions
Переглядів 9 тис.Рік тому
In today's video, we'll jump into thinkorswim to learn how to add custom columns to better track and manage our trades and open positions. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great for options traders) start.tastyworks.com/#/login?referralCode=PKSKCFVD...
How to Close Spreads on ThinkorSwim Desktop PlatformHow to Close Spreads on ThinkorSwim Desktop Platform
How to Close Spreads on ThinkorSwim Desktop Platform
Переглядів 8 тис.Рік тому
In this video we’ll learn how to close options spreads in the ThinkorSwim Desktop Platform. This includes closing out vertical spreads, butterfly spreads, and iron condors. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great for options traders) start.tastyworks...
Automate Options Trades on ThinkorSwimAutomate Options Trades on ThinkorSwim
Automate Options Trades on ThinkorSwim
Переглядів 16 тис.Рік тому
In this video we’ll learn how to use automated trading for options contracts within thinkorswim. Specifically, creating orders to automatically buy and sell an option contract whenever there’s a MACD Crossover. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great...
Buying Long Vertical Spreads on WebullBuying Long Vertical Spreads on Webull
Buying Long Vertical Spreads on Webull
Переглядів 1,6 тис.Рік тому
Webull (UP TO 24 FREE STOCKS): shortthestrike.com/go/webull Learn the step-by-step process of buying long vertical spreads on Webull. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great for options traders) start.tastyworks.com/#/login?referralCode=PKSKCFVD2J We...
How to Create and Save Custom Chart Templates in ThinkorSwimHow to Create and Save Custom Chart Templates in ThinkorSwim
How to Create and Save Custom Chart Templates in ThinkorSwim
Переглядів 6 тис.Рік тому
In today's video, we'll be learning how to create and save custom chart templates in Thinkorswim, making it easy to apply your favorite chart settings and studies with just a few clicks. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great for options traders) st...
Buying Butterfly Spreads on WebullBuying Butterfly Spreads on Webull
Buying Butterfly Spreads on Webull
Переглядів 1,5 тис.Рік тому
Webull (UP TO 12 FREE STOCKS): a.webull.com/KJLaoiDnnHrFKovdOg Today we’ll be discussing butterfly spreads and how to trade them within webull. We’ll start by learning what they are, how they work, and how to manage them throughout the life of the trade SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.trad...
How to Set Up Price Alerts in ThinkorswimHow to Set Up Price Alerts in Thinkorswim
How to Set Up Price Alerts in Thinkorswim
Переглядів 3,1 тис.Рік тому
In this short video, we'll be covering how to set up price alerts in Thinkorswim, how to customize those alerts, and even how it can be done on an option contract or spread. SUPPORT THE CHANNEL (& get something back) 👇 ua-cam.com/channels/ygbmUEXpP-PRJpeRzaChUA.htmljoin TradingView (Best charts in the game) www.tradingview.com/?aff_id=30508 Tastyworks (Great for options traders) start.tastywork...

КОМЕНТАРІ

  • @extraincomesuz
    @extraincomesuz 6 годин тому

    Great video and explanation. I'm glad you input some shirt put spreads and showed how to add an automatic close at 50% profit. I live in Malaysia and the trading hours are exactly 12 hours different.😮 Automating this a little should help. I will play with the TOS paper account until I get comfy with this.😊

  • @jimmyd486
    @jimmyd486 8 годин тому

    I learned more from this one video than the last 10 watched trying to navigate TOS. Thank you!

  • @tiffanyw3794
    @tiffanyw3794 21 годину тому

    Wow I did know you could do that

  • @DojiDude
    @DojiDude 23 години тому

    How do you get the options buy/sell indicator on the stock chart 0:27? been trying to do this for ages

  • @RhombicChthulhuSONIC
    @RhombicChthulhuSONIC День тому

    Useful vid. Also I think you need to have a de-esser on your mic. It's very high pitched.

  • @BJ-fu4zy
    @BJ-fu4zy День тому

    Was looking for this lol

  • @BJ-fu4zy
    @BJ-fu4zy День тому

    How do you put a stop loss for credit spreads

  • @edthom2210
    @edthom2210 День тому

    Great video. BTW, my Power eTrade DOES NOT have the entire row which contain "Studies." How do I get that to display?

  • @giantessmaria
    @giantessmaria День тому

    great demo, thanks much!

  • @tiffanyw3794
    @tiffanyw3794 2 дні тому

    What do we do for options

  • @oppaboombayahsrrylcant575
    @oppaboombayahsrrylcant575 2 дні тому

    Thank you for your tutorials.

  • @peterseville6590
    @peterseville6590 2 дні тому

    Can you automate Buy and Reverse indefinably?

  • @sjsphotog
    @sjsphotog 3 дні тому

    awesome as always. thanks so much

  • @sjsphotog
    @sjsphotog 3 дні тому

    thanks

  • @sjsphotog
    @sjsphotog 3 дні тому

    good stuff

  • @sjsphotog
    @sjsphotog 3 дні тому

    Excellent tutorial. Keep up the good work

  • @khanraj6274
    @khanraj6274 3 дні тому

    Time fram sir

  • @dariusstefanliciu1610
    @dariusstefanliciu1610 3 дні тому

    Bro if you have high IV that means the stock might move in a direction making you lose money with the condor.

  • @koyaaanisquatsi
    @koyaaanisquatsi 3 дні тому

    you have a perfect voice for these tutorials, it's a joy to learn with these videos, thank you

  • @Michael2Midnight
    @Michael2Midnight 3 дні тому

    YES please can you make several videos on the different stop orders, trailing stops, take profits and I'd like to be able to watch the stock and follow it up and down with ny stop. I've seen it done but when I try to do it, it wants me to create a new order which is set. Thanks for any help. Good video.

  • @chrisentzel434
    @chrisentzel434 3 дні тому

    I agree! Very Good Job! ua-cam.com/video/f1VjSP5nav4/v-deo.htmlm26s

  • @MiliM-bx5tn
    @MiliM-bx5tn 4 дні тому

    The only option I have is single

  • @seattleareatom
    @seattleareatom 4 дні тому

    Interesting video but it's not up to date. There is no "Active Trade" window, only a "Trade" or "Classic Trade" it/they don't have a menu to choose from in the "Classic Trade" . Following these instructions I end up in the "Account Settings" with no buttons etc. Too bad Webull has zero customer support. The ONLY value for Webull during premarket is to use Paper Trading section and the premarket watchlist on another place like ThinkorSwim.

  • @AshaaBryant
    @AshaaBryant 4 дні тому

    hey I'm having trouble on how to pull up the order panel like you show in the video the other option are confusing to place a order the way you show is a lot easy my chart look similar but not the same help

  • @ChelseaHammack
    @ChelseaHammack 4 дні тому

    Great video. Thanks

  • @JQUICK21
    @JQUICK21 5 днів тому

    Obviously this is about the Workstation from IBKR and not Trading View or any other option.....but you never mention that....on to the next video....

  • @sjsphotog
    @sjsphotog 5 днів тому

    great info

  • @sjsphotog
    @sjsphotog 5 днів тому

    thanks

  • @sjsphotog
    @sjsphotog 5 днів тому

    superb. thanks

  • @TheCurtRoberts
    @TheCurtRoberts 5 днів тому

    If you dont understand anything this guy said in this video, you aint ready for trading.

  • @Brenda-ls2qo
    @Brenda-ls2qo 5 днів тому

    Thanks so much! Great job explaining this step.

  • @janetgarcia5637
    @janetgarcia5637 5 днів тому

    Thanks so much for this video , I’m confused when putting a limit so the option call sells by itself lets say at double the price , should I choose sell to close ?

  • @sjsphotog
    @sjsphotog 6 днів тому

    very cool. thanks

  • @sjsphotog
    @sjsphotog 6 днів тому

    thaanks

  • @sjsphotog
    @sjsphotog 6 днів тому

    Be sure to use GTC (Good Till Close) instead of DAY for the Time In Force (TiF) for use in real practice if you want this to be checking every day to see if the condition is met and then do it automatically for you even while you are busy doing something else.

  • @sjsphotog
    @sjsphotog 6 днів тому

    great tutorial. thanks

  • @AlpachinoHuSTle
    @AlpachinoHuSTle 6 днів тому

    Thank you

  • @nandonando2160
    @nandonando2160 6 днів тому

    Ty ….you are saving me money right now…

  • @bigrich6750
    @bigrich6750 6 днів тому

    Is this still valid with the move to Schwab? I have a Schwab account and would like to get into futures.

  • @hikerinpam33
    @hikerinpam33 7 днів тому

    Think or swim is complicated and doesn't have to be. You should be able to right click anywhere and ADD new chart should be available. It`s literally a couple key strokes for them to program this way....This grid is stupid to say the least......how do you add 1 single chart??????? to a different monitor?????

  • @johnng5315
    @johnng5315 7 днів тому

    Nice 1

  • @nimson50
    @nimson50 7 днів тому

    You need to hit the "Ext." button in the lower right hand corner to be able to view the extended hours on your chart.

  • @affuyuiao7250
    @affuyuiao7250 7 днів тому

    Finkyu

  • @Patash7
    @Patash7 7 днів тому

    amazing! love your videos

  • @earlwayne5472
    @earlwayne5472 8 днів тому

    Thank you. You are the best to do it!

  • @TheCurtRoberts
    @TheCurtRoberts 9 днів тому

    Me: buys RSI as it crosses above 30 RSI: Immediately reverses back down to 16

  • @chrisn5079
    @chrisn5079 9 днів тому

    The fact that TD (now schwab) doesn't instantly execute your order (especially after you've gone through the CONFIRM AND SEND) is ridiculous. Yes, 99.9% of the time, exercising options is stupid. But if I wanted someone to handle my trades for me, I would. So just put the order through that I submitted. Don't ask me (or tell me) it's better to do it this way blah blah... Time is money (literally, with options).

  • @michaelg8607
    @michaelg8607 9 днів тому

    TOO MANY ADS!!!!!!!!

  • @ko_medic
    @ko_medic 9 днів тому

    Brother you saying “positive delta for call options…” unlocked it in my head and answered my question. I’m a slow learner but not a no learner. Thank you.

  • @sharonmabena791
    @sharonmabena791 9 днів тому

    Perfect! Thanks!