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How to Choose an Expiration and Strike Price When Trading Options | Selecting an Option Strategy

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Trader Talks: Schwab Coaching Webcasts

Selecting an Option Strategy | Cameron May | 41824
Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D'>https://bit.ly/2v9tH6D

With so many choices available, how might an options trader choose a specific strike price and expiration when buying a new contract? In this video, we discuss the potential considerations a trader might weigh as they select an expiration and a strike for a new option trade. We also illustrate the potential pros and cons of these decisions with an example paperMoney trade on the thinkorswim Desktop trading software. Finally, we demonstrate how a trader might put their process into action as we place a sample option order to buy on thinkorswim.

Many traders have a library of options strategies at their fingertips and know them well. But how do option traders decide which strategies to use? Long or short? Bullish or bearish? In this interactive weekly broadcast, your education coach will talk you through the market considerations that may provide clarity and structure to your options selections. See sidebyside comparisons of both similar and contrasting strategies, and review the pros and cons of employing each in the current market environment. Whether live or archived, it’s always time wellspent!
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. https://bit.ly/2v9tH6D'>https://bit.ly/2v9tH6D

Links related to today’s discussion:
Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy.
Power Trend Scan: http://tos.mx/ZvihI3S

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