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On the road again! Join tastytrade vets Tom, Liz, and Jenny as they venture out live for the first time in over 2 years at Chicago's Vic Theatre.

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Thursday | 8:40–9:00 AM (CT)

tasty BITES

For those of you who consider yourself a beginner options trader, or want to increase your probability of profit, or for those of you who like to trade on a smaller scale, this is the segment for you! Watch and learn how you can trade strategically when you don't have a lot of capital.

A Mechanical Approach

On today's episode, Tom and Tony discuss how having a set of trade mechanics is crucial to having successful outcomes when trading.

Spreads And Trading

Spreads come in all forms including Bid - ask, verticals, calendars, and more its important to know the difference.

Join Tom and Tony today as they explain both the logic and mechanics behind a Poor Man’s Covered Option.

Approaching Diversification

Validated mathematically as a way to balance risk, we use the concept of diversification as part of a logical approach to trading.

Join Tom and Tony today as they cover the importance of diversification in a small account and ways to place trades that can reduce the volatility of P/L of risk and reward.

The Power of Math

Join Tom and Tony today as they discuss how to find opportunities by evaluating risk and reward with calculation based on the price of the option.

Capital Efficiency

Tom and Tony cover some methods that when followed can help preserve capital and improve efficiency.

Many Occurrences

Join Tom and Tony today as they cover the benefits of many occurrences, and ways to achieve this in a tasty bite account.

Forming An Assumption

Join Tom and Tony as they discuss the different types of assumptions and metrics that can help set up a trade.

Trading Direction

Join Tom and Tony today as they explain how Vertical Spreads work.

Trade Selection

With limited capital, it is important to be selective and mechanical when choosing a trade. Join Tom and Thomas as they cover six steps to help in the process.

Risk Considerations

tastytrade lists the factors that impact risk, and ways it can be adjusted to help meet our goals.

Developing A Plan

Join Tom and Tony today as they highlight ways we can approach trading with guidelines to help control risk.

Types of Spreads

Spreads are essential to use in a tasty bite-sized account. They can provide accurate insight into liquidity and as act as capital efficient strategies to implement. Join Tom and Tony as they discuss the three main spreads to know and to use.

Staying Mechanical

A way to improve decision-making, as well as trade confidence, is by using a well-established set of mechanics. Join Tom and Tony as they reveal everything you need to know about staying mechanical.

Vertical Spreads

When considering strategies to use in smaller accounts, an excellent choice is the defined risk vertical spread.

A Contrarian Approach

Join Tom and Tony as they explain the concept of contrarian trading in detail!

Building A Portfolio

tastytrade lists and discusses some guidelines to follow when building a portfolio in a smaller trading account.

Establishing Liquidity

If an underlying lacks liquidity we will not execute a trade. For this reason it is the very first step taken when evaluating a potential position.

Using Statistics

By following our trade mechanics we are using a statistical approach to improve our probability of success. This ultimately improves our probability of profit and success in trading.

Direction and Volatility

tastytrade covers the defined risk option strategies used for directional action, and what strategy to choose given a high or low volatility environment.

When a wing is added to a naked trade, it defines the risk. This means we are able to determine the potential max profit and loss for the trade.

What to Trade in Small Accounts

As a new trader, the way to navigate popular assets growing larger and larger in price is to focus not on the name of the product, but rather liquidity, IV, POP, and BPR.

Join Tom and Tony as they dig into Iron Condors and run studies to test performance.

Width Of Defined Risk

When constructing a defined trade we want to stay consistent, mechanical, and efficient. One mechanic we use to assist us is the “Rule Of One Third The Width Of The Strikes.”

The Main Greeks

Today, tastytrade examines some of the main greeks--Delta, Theta, Vega, and Gamma--and how we use them in our trading.

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