Going over some recent options trades that I just closed out on Wells Fargo Bank. I put in 0 to get back 00. These big gains in a short period are possible through options trading. I explain the logic and reasoning behind getting into the trade, but the biggest takeaway was where the contract was priced at the time that I bought it. Further, the next big part is to observe where I sold the option, into strength, and how I still held some contracts. Now making 00 or even a 0 a day isn’t typical but you can at least see what is possible. Do not try to chase these trades and let them come to you. Even though this was a weekly option, notice that I still had more than just a week on it. Don’t let implied volatility on the shorter time frame option contracts get you. All in all though, hopefully this helps you learn something and let me know if you have any questions! Remember to paper trade before anything!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Investing in general and options trading especially is risky and has the potential
Making 00 A Day Trading Bank Stocks – Options Trading – Day Trading For Beginners