Lesson 7 of 8: Beginner's Guide to the Analyze Tab | Getting Started with thinkorswim® | 12-18-23

Getting Started with thinkorswim® | 12-18-23
Characteristics and Risks of Standardized Options. bit.ly/2v9tH6D
How much might an options trade make or lose? Where might it hit a breakeven point? And what are its probabilities of success, failure, or breaking even? In this video, we use an example paperMoney trade to explore the various functions of thinkorswim's Risk Profile tool on the Analyze Tab, which can help a trader quickly assess the potential rewards and risks of an option strategy before they place a trade.
You just opened a new account and downloaded the award-winning thinkorswim® trading platform, and wow, where do you even start? We had the same feeling! Join your education coach for this weekly, basic overview of the thinkorswim® trading platform. When you feel like you understand the basics, then join one of our more in-depth reviews of this amazing software-Exploring thinkorswim® or Scripting with thinkorswim®.
0923-31BC
Options involve risks and are not suitable for all investors. Please read the Characteristics and Risks of Standardized Options carefully before trading.
#CameronMay #TraderTalks #CameronMayCS #CharlesSchwab #Schwab @CameronMayCS

[@MorselOfBread]

Cameron is truly a gifted teacher.

[@tradertalkswebcasts]

Thank you! CM

[@brettmedina24]

Great video, thanks!

[@tradertalkswebcasts]

Glad you liked it! ^CM

[@juanluissalazar8651]

This was a tough one ... have to see it again and again, thanks

[@tradertalkswebcasts]

There can certainly be a learning curve with some tools, but I do hope this helped. Thanks for watching! ^CM

[@sharongrimm-h2j]

great explanation again, thank you so much.I have learned more from this series of videos in one week than i have in a year on my own!!

[@tradertalkswebcasts]

Great to hear and I'm glad these have been helpful! Thanks for watching! ^CM

[@cargo4741]

Cameron, can you use this tool to analyze option positions you currently have in the portfolio?

[@tradertalkswebcasts]

Absolutely! Just enter the symbol of an existing position on the Risk Profile tool. Thanks for watching! ^CM

[@---tx9xx]

Hi there, so I'm using the web interface (on the latest version of MacOS the desktop program will not work, it requires Java), and the interface is significantly differnt. FOr example, I cannot find the analyze or monitor or other tabs which appear for you; can you address this please?

[@tradertalkswebcasts]

To clarify, these demonstrations are performed on the thinkorswim Desktop trading software, which is significantly different and more robust than thinkorswim Web. You can download thinkorswim Desktop from the Trade tab in your Schwab online account. I hope this helps, and thanks for watching! ^CM