Most Common Mistakes for Managing Options. $100K+ Portfolio UPDATE!

[@russianfool1]

I'd love to see a running P/L column.

[@onewhittaichi3633]

It is so wonderful to be able to express gratitude to Tom, Tony, TastyWorks for even the most simplistic knowledge they try to convey from their preeminent experience. Thanks again.

[@seanbusiness6052]

I’ve learned much more about trading & finance from watching tasty trade than i have from any class or course ive ever taken!

[@RussAbbott1]

Great series! Thanks. How do you determine the correlation of the portfolio to the S&P? Does the platform have a function that does that? Or more to the point, how would I do this with my own portfolio? Similarly, how do you determine the volatility of the portfolio over a period? Does the platform have a function to do that for us? Is it possible for you to make your trades in this portfolio public? Seeing the concrete trades is almost always more informative than just seeing the changes in Deltas. Thanks.

[@grodge61]

How do you manage one of your short premium positions that drift ITM? Do you wait intil the 21 DTE point to roll it out?

[@LevelofClarity]

Tom and Tony are Legends of the game.

[@tonyo8187]

Can you see portfolio correlation in the platform?

[@ChromaticTempest]

Nice. I've been going over risk management with my S&P position wondering if I should roll. I guess I should! lol

[@lukemuntner493]

This is the type of content I’ve always loved from TastyTrade. I’m happy to see you getting back to this type of content.

[@russianfool1]

i have a feeling the next few months to 1 year will not help you with falling volativity. but if you keep this segment going for 3 years I bet you'll get great results

[@user-vq4mt4zd4e]

great content thanks

[@streezy0]

Good stuff

[@ohahilo3574]

I would like to see the profit and loss. You can’t expect most people to stick to an approach if they can’t emotionally manage huge swings. Maybe that is their fault but at least you should be upfront about it.

[@scottamolinari]

So, what are the common mistakes? The video title should have been, "what we do to tighten an options portfolio to do better", or something to that effect.

[@djayjp]

PoP only applies to short term options, like 30 days or less. It doesn't account for drift.

[@appliedsurvival5356]

This video proved to me why I don't belong trading options.

[@Float_Locker]

It’s not for everyone as it does take more active management

[@waynezhou8667]

Could you please explain why you only need $7400 capital for selling put for SPY? Do you sell cash secured put?

[@djayjp]

Margin. It's a naked put. Also the margin requirements are less if you have something specific called portfolio margin which only applies to $100k accounts iirc.

[@2023Red]

Tom, we want to open an account for futures. We now have level 3 with Schwab. What are the funding requirements and please provide URL for the forms for your Level 3. We have a large account. Thank you.

[@carlzeiler1537]

This is a little over my head. Can anyone recommend any videos that are more basic?

[@scottamolinari]

Since when is a covered call bullish?

[@tdiler12]

the long Stock holding is worth a lot more $$ than the sold calls so that is an inherently bullish position. If the sold calls are low delta then yes it could still be deemed a bullish strategy w the intention of collecting a few extra quarters along the way.

[@constitutionofaxioms3387]

Going long euro & short oil is confusing and unfruitful

[@ChristopherMundahl]

unless ECB comes out more hawkish than expected...

[@astroganov]

How could you open so many positions with only 50k ? When I sell one put on SPY - my broker freezes around 40k alone

[@djayjp]

Margin. Also there's a specific kind called portfolio margin when your account is over $100k iirc.

[@0ldCat]

I would NOT be long Euro at this juncture even if you held a gun to the side of my head! 😼 Eurozone is in a sh!t-ton of trouble going into Winter. Unless the Russo-Ukrainian conflict shows signs of resolution, I would SHORT anything that even remotely smells of Euro. 🤷‍♂️

[@johnthomson8332]

that guy has a funny looking hat

[@juanmanuel9822]

A "beret", in fact. I want to buy one, btw.

[@johnthomson8332]

@@juanmanuel9822 If you want to put vagina repellant on you're head then go for it.

[@Jack-um6yw]

I'm not sure why the thumbnail says "don't do this" and the video is titled "most common mistakes". I'd hate to assume that everything you've done is intentionally wrong.

[@DanielBaumgardt]

So you want do again a 100k Portfolio? Please. 😃📈

[@jonathanw4750]

Market roulette may be short-term profitable, but never in the long-term.

[@sarahupton975]

what do you mean ?

[@huntervaughan7657]

@@sarahupton975 he's not good at trading the market

[@sarahupton975]

@@huntervaughan7657 Why do you say that?

[@Global-livingg]

@@huntervaughan7657 There's no real evidence Tom or Tony are bad at trading the markets - the strategy is solid and should work if their assumptions are relatively correct. I disagree with some of the assumptions, such as being short dollars short-medium term, but that doesn't mean he's a bad trader. It could fit his other positions better than being long dollars, like I am currently.