Basic Option Strategies
Duration: 57.56

In this video, Jim performs a review of options basics including: terms, entering orders, and profit/loss diagrams. He also introduces some basic option strategies such as buying calls and puts and selling covered calls and cash-secured puts. Jim alos looks at some TC2000 scans that help to identify stocks suitable for basic strategies.
What You'll Learn:
- Why you should consider trading options if you're not already
- How to apply the CBOE's market level sentiment indicator for successful Index forecasting
- Practical information about tax implications to help you choose the type of options trades you should be making
- What to expect from options' price behavior, given chart examples and their behavior
- The 3 key pieces of information you need to know when assessing a possible options trade
- Whether In the Money or Out of the Money Options are your best bet and why
- What Straddle and Strangle trades are, when you should use them, and how to scan for high probability Straddle and Strangle setups using TC2000