Like many people, you may assume that trading options is tougher and more complicated than regular day trading or trading stocks. However, this isn’t true.
Trading options and using strategies to sell options, such as selling a covered call option against an underlying long position, simply require you to think differently. This means more research, patience, and practice.
Although learning to trade options does not come naturally, the best thing is that a considerable amount of educational resources and information about options are readily available for free on the internet.
YouTube is among the best financial resources for individuals who want to learn to trade options.
Let’s discuss the best option trading experts to learn from on YouTube. I will give you a quick rundown on who I believe are the best options trading experts to learn from. However, I will not include myself in this list because I think that would be self-serving.
Here are the top six channels, in no particular order.
While I don't agree with all of TastyTrade's methodology, selling option premium is a great way to earn a consistent profit. TastyTrade has a ton of resources and valuable free information. With more than 249,000 subscribers, TastyTrade produces eight hours of live programming every weekday, Monday to Friday. You may learn key things about selling options from this YouTube channel, such as selling options using uncovered and covered strategies.
2. Project Finance
Chris Butler, creator of ProjectFinance, used to work at TastyTrade. I believe that his brother still does. His videos are well made, and they are relatively simplistic. I believe ProjectFinance, previously called ProjectOption, is a great resource for beginning options traders, and Chris Butler usually provides very good advice.
3. Karl Domm / Real P&L Channel
From the Real P&L channel, Karl Domm shows his profit and loss statement every single month, and he is someone that I’ve found to be incredibly honest. Karl is also responsive to his students and is a hard worker. The Real P & L channel is a great resource.
With more than 352,000 subscribers, this is another useful resource. I've done a review on Adam from InTheMoney. I find him to be incredibly intelligent, and he speaks well. I like his videos, and think that Adam is a great resource if you are interested in learning about options trading.
5. Shihab's Blog
Shihab is very good at ruthlessly critiquing his own trades and analyzing what he could do better and improve upon. He keeps a spreadsheet of all his trades and goes through his profits and losses. He's a great resource to learn from.
6. JC Gilbert
JC Gilbert is a young trader. I believe he's from France. JC Gilbert is someone that I also interviewed. I think that he's incredibly intelligent and has a very bright future in the industry.
As you can see, you can learn about various aspects of options trading and selling options through YouTube videos without spending a penny. The six YouTube channels mentioned above are an excellent place to start.Receive $400 of valuable free options trading training at https://BestStockStrategy.com