Breaking Down Futures | Tom Sosnoff

[@nevinkuser9892]

Only Tom could explain this topic so well. Really impressive.

[@dellman828]

Wow, one of the gems I found today, thanks.

[@CanadianOptionsTrader]

Another amazing talk by Tom Sosnoff! This really shows the power of using futures options!

[@andrew1919]

It also really shows the risk of Span margin lol

[@wreynoldz]

@@andrew1919 LOL!

[@jb6278]

OMG!! How did I not find this video before? Hands down !! I was placing all these trades in a paper account (TOS) as he was going over them and everything Tom said was on point except for the futures product where the price has increased since the date this video (2019) was made. The buying power requirement went up on a few of these because they are more expensive now but these trades are way more capital-efficient and easy to put on. I will add these to my options trading portfolio and suspend trading the ETF version on these so I can utilize my extra capital to place other trades and increase my number of occurrences. Can you please add a link to the second part of this presentation where Tom shows how to place these trades on the tastytrade trading platform?

[@DrWubbington]

I too am intrigued to watch his full presentation at LA.

[@wboquist]

Great stuff. I wish I had seen it sooner.

[@pmcllc1]

Great presentation!

[@111roofer]

Great video. Thank you!

[@MoneyShow]

Glad you enjoyed it! If you want to see the latest options-related articles and videos from @MoneyShow experts, go here and select "Options" from the keyword drop-down tab: www.moneyshow.com/library/?scode=061246

[@marjafalcao]

awesome!

[@mcop1]

Does theta burn faster in Futures options or is it the same rate of decay? Wondering for 0DTE futures options trade, what happens when trade goes against you with futures options trade, do you lose money faster as opposed to just options trade?

[@paulofreitasgomes6389]

excellent!

[@mikeh9180]

trade often as you can... seems like a hidden agenda to obtain more commissions for Tasty..

[@jb6278]

No agenda here!! It has to do with the 'Law of large numbers!' if you trade more often and trade small on short premium trades with 70% probabilities, in the long run, your win rate will normalize to 70% consistently, as opposed to just putting on one trade here and there occasionally, that's what Tom meant in this presentation.

[@josecuervo1446]

Does the PDT rule apply to options on futures?

[@gusinthecloud]

no

[@KingTrayTovine]

Duration (time)30 to 70 days, Product (Euro to Crud oil), Strategy, Credit Spread, Iron Condor , Straddle or Strangle Volume/volatility fear or emotions locked in the movement of the market Being indifferent to the point where capital efficient opportunities are present in the market to capitalize with bring cannibalized by self or opposition Options on Futures

[@mikep4869]

Do futures options use European Settlement Rules like for index options? Settlement on expiry date, or are you exposed to early assignment?

[@edwinbab705]

Is tasty in la located

[@Likemikemike]

What is trading a spider ?

[@davidpham9353]

SPY. Its 101. Have a investment youtube acc and dont even know the very 101 ? Go back to your job , kid

[@nate5388]

SPDR ETF (SPY in this case). Google SPDR.

[@tvlobo202]

the spy etf

[@DrWubbington]

Yeah what he’s actually sounding out the acronym of SPDR

[@Likemikemike]

Millennials😬

[@redpillpharmacist]

If it's so easy, why don't all CFAs use this?

[@VijayKailash]

I literally use this, lol. But the main reason is the CFA curriculum focuses more on portfolio management through traditional asset classes like equities and fixed income. Even though they cover derivatives in depth, the curriculum doesn't go into actual trade executions and options on futures, yet. They update the curriculum each year, so it may be covered in the near future. Who knows :)

[@headlibrarian1996]

What is the total notional exposure for that $7400 BPR?

[@WillSmithSlap]

its a lot of money 300k at least. he doesnt talk about assignment risk much, just capital efficiency which is really remarkable

[@quantum7401]

@@WillSmithSlap I figure assignment risk should be the same as for options: ITM or near expiration. I get assigned at least 1x a year in options.

[@choski76]

yo tom

[@s0.0s]

I imagine "next year" never materialized?

[@mail22]

It’s happening April 2023 in Las Vegas

[@garygraham4679]

Tom rambles way too much! 10 minutes of superfluous noise per point.

[@123-f6j8h]

Shill for Tastyworks

[@jmiogo]

What do you think shill means? He owns the company.

[@123-f6j8h]

@@jmiogo That's a fair point, but I think the shill concept fits perfectly for what's happening, as in getting people excited about making loads of zero edge trades with extreme risk using tastytrade, and then capturing that volume via Tastyworks.

[@jmiogo]

@@123-f6j8h zero edge?

[@DennisRay99]

How so? He owns Tastyworks. Are you saying he's shilling for himself? Ain't nothing wrong with that.

[@dumbnick1425]

As soon as I read “zero edge” and “extreme” I knew I was reading the comment of a misinformed “day trader”. He most likely believes in Technical Analysis and thinks it gives him “edge” with certain “patterns”.

[@kylegray8232]

The flat dad consequentially fire because picture aboaly juggle notwithstanding a barbarous fertilizer. lacking, knowledgeable policeman

[@blizzard762]

Exactly what I was thinking.

[@andrew1919]

Kyle on some hard drugs

[@DrWubbington]

lol what?

[@elitetrader5468]

This could have been a 5 minute presentation. Futures offer diversification and capital efficiency. Selling volatility when expensive is a profitable strategy. No trading specifics given so not useful in a practical sense.

[@LinhHLe]

if you got 1 assignment, you broke

[@sj0387]

thats why you exit at least 2 weeks before expiry and leave some capital in the account to manage positions in case of loss and when you see 25% profit, take it and leave. It's like playing with fire. But if you know what you are doing, it is doable.

[@Juicememelord]

Brainwashed tastytrade Stan has entered the chat

[@jb6278]

they are a non-issue if you know what you are doing!!!!

[@Hamberle01]

Well, that´s why he says they are going to manage early! DO NOT hate all day.

[@Zenitself]

Most futures options settle in cash. But if you’re managing it, you’ll never get assigned. You’ll exit for a loss or roll.