For New Lions! A Video Series On Options Trading Basics. By Gregory Mannarino

in money •  7 years ago 

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TradeGame: Essential Options Basics 101. By Gregory Mannarino

TradeGame: Options, In The Money VS Out Of The Money. By Gregory Mannarino

TradeGame: Options, Straddles and Strangles. 50 Shades? By Gregory Mannarino

TradeGame: Profit By "Trading The Channel." By Gregory Mannarino

Gregory Mannarino @marketreport
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It has been a while since I watched these. I think I will go over them again. Thanks.

very good :))

It sure is hard to be the first to reply here... lol...
And now, I can't even give myself an upvote for
fear that my voting power will go down...
Has anyone noticed they're getting less votes...???
Thanks Gregory...
@pocketechange

Yes very much.

Yeah! THANK YOU!

Thanks for sharing the knowledge.

Thank you!

Watched this series awhile back, very helpful! Now to raise enough capital to start for real. Been paper trading in the meantime! Thanks Greg!

Greg missed some very important considerations with his explanation of how options work in the first video. He failed to mention "the" most important factor in determining whether or not you will be successful in ANY options trade. Time premium values and how they can dramatically affect the value of options pricing. For instance, if XYZ stock that you bought $50 call options on doesn't shoot through $50 for a couple of weeks after you bought XYZ $50 call options for say 30 days out...you can STILL lose money. He is correct that you can only lose the $$$ amount paid for the option however. A good options trader will therefore try and time his entry as close as possible to the beginning of the move higher (if buying calls) and as close to the beginning of the move looower (if buying puts.) All four of the trades Greg now has open at his web blog could end up as losing trades...simply by the destructive power of decay of the time premium of the trade.

:))

You're awesome Bro!
You'll make many many people happy!
Thanks and Cheers!

Just watch the "In the money" and "Out of the money". Great video.

What I find the hardest with options is the time issue, I can usually pick the right moves, but I was too greedy and bought shorter time options. I believe you buy mostly 3 month options, right?

Yes.

got it

Actually, upon checking the price of your Sept SLV $14 calls the bid is now at 1.92, which we both "know" is right around the price you paid for that trade wehn you posted it to your blog. So I apologize for saying you have a loss. You are "break even" right now at a market order to sell. No trades as of yet as of right now...10:25 AM EST. So we know you didn't sell...as of yet. :-)

Also, I am only providing my commentary on how options "actually" work because you personally invited me here during our one on one discussion this past weekend as you promised to show me "how it's done." in the options trading world. So far you have been a man of your word and allowed my spews to be viewed. I think others can see what I am spewing anyhoo, unlike over at Utube. :-)

Yep. The time decay factor of a bad entry is THE killer of any options trade. Your Ty Ming must be very precise. The good news is that "if" you can become precise you can then lower the amount of your wager. The SLV trade I outlined at my blog, which I took profits in yesterday, generated over $150 in profits on a $140 and a $180 wager, plus I got my initial bankroll back. The GDX trade I still left open was a $180 bet initially...and I have until 7/21 until expiry. Of course I was in both bets a day or 2 before Greg posted his long in SLV and GLD. The time premium of those 2 days are the difference between a losing bet like Greg is holding...and a winning bet. So please learn the importance of Ty Ming when you trade options. It is the most important factor.

Using fibs can greatly improve your odds on targets and time analysis. Knowing theta, OI, gamma, Delta and IV are important as well. If you don't understand these, options will be very difficult for max profitability. GL

Thanx for the update!!!
upvote / resteem...
I'm looking for an "upvote" friend. I upvote you, you upvote me. Greg's section is the only place I hang out. I show up in the morning and make token post. Then come by later in day to check on things and upvote those who upvote me.
Anybody interested?????? Thanx

Thanks for taking the time to help new investors out Greg, very informative.

Thank you

I haven't seen these before but as someone who has never traded, I'm grateful you decided to share. Thank you KINDLY Greg ~ you are a generous and knowledgeable man. We need more folks like you in the world today. Upvoted.

Thank you good sir for keeping us informed as usual.

As always THANKS GREG!

As you get more popular you'll get more trolls. Ignore them and remember we appreciate you giving back. :)

Loved this the first time I watched them when they came out. Nice to have a recap! Thanks Mr. M much appreciated as always...... GREAT stuff for the one's who haven't seen it!

Outstanding video series. Thank you for educating your lions. Grrrrrr

Solid

Thank you very much !

Good information. Thanks Greg.

Thank u for posting
it is helpful to me

Awesome! Thanks Greg. Upvoted, resteemed.

Great way to bring more into the pride, make sure to share! Thanks Greg!

Hi Greg, Thanks for posting these here!

That's sweet since I know hardly anything about trading :) Thanks !
I will look at them later and take it in bit by bit, I don't want a burnout :)
Not that I will be trading but I find it interesting.

Have a great day Greg :)

Thanks for your post

I gotta take a look at all these, how much money is necessary to really make getting into options worthwhile?

Thanks Greg! Your time, efforts, and will to help your fellow humans is greatly appreciated!

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Hi Greg, As always insightful. Keep up the Awesomeness!!

Soaking it up like an old sponge.... slowly but surely lol
Thanks again Greg