+$5,000 Trading TSLA Options | Day Trading Recap

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Bear Bull Traders does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Bear Bull Traders, registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any security. Please consult your own independent financial adviser before making any investment decisions.

[@BearBullTraders]

Hey everyone! We're committed to making this channel the best trading education resource on KZbin. To do that, we need your help. Please let us know in the comments what type of content you'd like to see more of. Your feedback will allow us to tailor the channel to your interests and make it even better. Your support is essential for us to reach our goals. So, what do you say? Share your thoughts with us today!

[@jimvasto4479]

Good video, selling options works well until it doesn't, then you get hit hard. Also spikes in Volatility can hurt you even if the stock price doesn't move.

[@BearBullTraders]

Thank you for your comment. Yes, trading and investing carry a certain level of risk, as there's no guarantee of profit or a return on investment. The value of securities, commodities, or currencies can fluctuate and cause losses. And yes, selling options can be a lucrative strategy, but it also carries a risk, especially when market conditions are volatile. Options traders must be prepared for sudden spikes in volatility, as these can lead to significant losses even if the underlying stock price doesn't move. It is important to have a solid understanding of the risks involved and to have a well-defined risk management strategy in place before engaging in options trading.

[@thiagosarmento3613]

I feel when it comes to the stock market, it all boils down to having proper risk management and a system that is back tested and proven, then opportunities become endless, each to their own though and if you're profiting from the strategies you find on KZbin videos that's also great!

[@hillarybriggs2561]

Selling options do work well but I think a lot of investments do fail. For me, any strategy must start by looking at the sentiment and looking for opportunities in the opposite direction. Being conversant with the market is critical to successfully mastering the market and with a professional guiding be.

[@gavrilgeorgieva842]

I'll have to be 100% financially stable in every sense before venturing into stocks

[@gregorridavichko]

Indeed with the stock market, Executing your edge flawlessly is everything. Rookies especially should understand that the market isn't a game neither is it gambling, technical know-how is essential for profit making as there are many do's and don'ts involved

[@RIPWolfgang]

Great stuff Andrew! Keep it up.

[@BearBullTraders]

Thanks, will do!

[@thomasq9181]

Great job detailing your trades!

[@BearBullTraders]

Thank you! Cheers!

[@rishithreddy6214]

Would love more videos on options. What exactly is the difference between buying calls and shorting puts?

[@MichaelHandymanMaker]

Hey Andrew, LOVE YOUR ENTHUSIASIM in the intro of the video.... Love that BBT opened the Options room. I agree with Jim below. When going thru this video I would also add how you do Risk Management. For example, I put a Range order (Stop/Limit sale) in Das. That has saved my butt.

[@BearBullTraders]

Thank you for your kind words and for taking the time to provide feedback! I'm glad you enjoy my enthusiasm in the intro of the videos. It's great to hear that the Options room opened by BBT has been helpful for you. I appreciate your suggestion to also cover risk management in future videos. Incorporating strategies like stop/limit sales and range orders is an important aspect of options trading and I will certainly consider incorporating that into my content. Thank you for your support!

[@JohnRaaf]

Hold it Andrew! You have said in the chat room that you don't have a lot of experience with options but in a very short period of time you have clearly explained how the puts work and used TSLA to explain the process! I have watched other videos , read an entire book on the subject....and this video brought me closer to understanding something about options than the other sources. More PLEASE!

[@BearBullTraders]

Thank you for the kind words, I'm glad to have been able to help clarify the concept of options for you!

[@juliocesar23819]

Those recaps are good, thanks

[@BearBullTraders]

Glad you like them!

[@halffinger8262]

Loving the new format for the recaps. What was the potential risk on today’s option trade?

[@BearBullTraders]

Thanks for watching! The potential risk is if the underlying security price rises above the strike price of the call option.

[@akhilkatari8785]

Hey Boss! Amazing and very informative recap as always!! One suggestion would be to also inform your viewers about margin requirements for selling options, risk/reward management, where your stop loss would be, etc. Cheers and thank you for your conitnuous education!!

[@BearBullTraders]

Thank you for your suggestion and for taking the time to provide feedback! I'm glad you found the recap informative. Providing information on margin requirements, risk/reward management, and stop loss strategies are all important aspects of options trading and I will certainly consider incorporating these topics in future videos. Your support and encouragement are much appreciated. Thank you for being a valuable member of the community!

[@lightofmylife1616]

the type of videos i like to see are strategy/technique focused, for me personally i feel like my biggest problem is having a good edge. i like to see videos that are focused on detailed parts of setups

[@BearBullTraders]

Thanks for sharing your preference! It sounds like you're looking for strategy and technique-focused videos that can help you refine your edge in trading. We're definitely on the same page! Have you tried implementing any specific techniques or strategies you've learned from our videos in your trades? How have they worked out for you?

[@MrsujitTrader]

whats the risk management for shorting call or put incase trade doesnt go as per plan?

[@BearBullTraders]

Risk management is an important aspect of any trade, and shorting calls or puts is no exception. If the trade doesn't go as planned, one common risk management technique is to set a stop-loss order at a predetermined price level. This will automatically close your position if the stock price reaches that level, limiting your potential losses. Another option is to use options strategies such as the covered call or protective put to hedge your position and manage risk. It's important to have a well-defined risk management plan in place before entering any trade.

[@Matt-jk2rc]

Hi Andrew, when you sell your call options do you do covered calls or naked calls?

[@Matt-jk2rc]

And vice versa for puts

[@BearBullTraders]

Naked calls. The choice between covered calls and naked calls depends on the trader's risk tolerance and investment strategy. A covered call involves selling a call option while simultaneously holding an equivalent long position in the underlying asset, such as shares of stock. This strategy can help generate income and reduce risk, but it also limits the potential for gains if the underlying asset price rises significantly. On the other hand, a naked call involves selling a call option without holding a corresponding long position in the underlying asset. This strategy is riskier as it exposes the trader to unlimited potential losses if the underlying asset price rises significantly. Naked calls are usually used by more experienced traders who are comfortable with taking on greater risk. Both strategies have their own pros and cons, and the appropriate choice depends on the trader's individual risk tolerance and investment goals.

[@Matt-jk2rc]

Ok. Thanks for clarifying. I’m trying to understand options and more importantly the risk involved. I am struggling to find any videos out there that goes through the difference between naked and covered calls/puts and how a break even / loss is calculated. And also how it works if I was to sell a 200 call on TSLA for end of the week what it would take for me to lose any money. I would like more videos on this stuff if you can. Would be great.

[@BearBullTraders]

@@Matt-jk2rc For sure! Stay tuned for our MoneyShow presentation!

[@endacoughlan2670]

What brokers do UK users go with? Im looking at IG at the moment.

[@BearBullTraders]

Interactive Brokers US bearbulltraders.com/ibkr

[@crypticwealth2956]

More options content

[@PumperJake]

Hi Andrew, Ill be at the San Diego event in March. been trading for a year now and just now making progress, do you think the summit will be beneficial to an amateur trader?

[@BearBullTraders]

Great! Attending industry events and conferences can be a valuable opportunity for traders at all levels to learn from experts, network with peers, and stay up to date on the latest developments and trends in the field. Good luck and enjoy the Summit! See you there!

[@PumperJake]

@@BearBullTraders very cool! Excited beyond words to experience this!

[@nammafit6062]

Bro how to set vwap at mt5

[@BearBullTraders]

I use DAS Trader Pro, not familiar with mt5

[@yacinzawam3552]

More options education ‘

[@BearBullTraders]

Thanks, great suggestion!

[@drtrader13]

8:56 AM 2/1/23 Good trade, good video. Maybe I missed it, what was the expiration date of your options? One Day? Friday? End of Feb? Thanks.