December 7th show episodes are delayed due to issues on a third party platform. Thanks for your patience and check out our other archives in the meantime!
Trade Logic Unlocked hero image

Trade Logic Unlocked

Understand the reasoning behind options trading, pricing, and tastytrade mechanics! Dr. Jim, Tom, and Tony use trade research and their own experiences to help you unlock your full trading potential!

Aug 6, 2020
Why do ITM options sometimes offer high levels of liquidity, too? Today, we learn why.
Jul 30, 2020
When we roll a position, we are typically defending a losing position. But is there ever a time when we might roll a position that is actually a winner?
Mar 5, 2020
As we consider holding this short delta, we need to be aware that all short delta is not created equally. Dr. Jim explains.
Feb 20, 2020
How can we simulate undefined-risk in an IRA? Dr. Jim explains.
Feb 13, 2020
There are times in lower liquidity stocks with wider markets where the midpoint between the bid and the ask might not accurately reflect the true value.
Feb 6, 2020
While Extrinsic Value and Theta are very similar in form and function, they each serve a unique purpose to us as premium sellers. Dr. Jim explains.
Jan 30, 2020
What is a "JEM-style" trade? Dr. Jim is here to explain.
Jan 23, 2020
Dr. Jim lays out the statistical support for both short delta and long delta portfolios.
Jan 16, 2020
Traditionally in the world of finance, there are three approaches you could take to building a directional assumption: technical analysis, fundamental analysis, or quantitative analysis. Dr. Jim explains which one he prefers.
Jan 9, 2020
Why is Vega highest ATM? It all traces back to the moneyness of the option. Dr. Jim explains.
Jan 2, 2020
When it comes time to select the appropriate strategy to exploit a given opportunity, we actually see that there exists a menu of different IVs.
Dec 12, 2019
How Gamma impacts our individual positions and overall portfolios can be slippery, so we take an intuitive approach at understanding this Greek.
Dec 5, 2019
As we build out our portfolios and try to put our positions in the "sweet spot," it's a constant balancing act between the different elements of our portfolio.
Nov 21, 2019
As a basic building block for many of the strategies we use, an understanding of verticals is essential. Mike Hart explains!
Nov 14, 2019
Higher IVR means more opportunity, and here are three reasons why.
Nov 7, 2019
Volatility's tendency to contract more often than it expands ends up being a nice, little accelerator to our profits. Dr. Jim explains.
Oct 31, 2019
It might be appropriate to buy some premium with a debit strategy. Today, Dr. Jim lays out three such scenarios where adding long premium to your portfolio is logical.
Oct 24, 2019
When trading earnings, is there a cheap way for us to play a directional bias? Dr. Jim thinks so!
Oct 17, 2019
Dr. Jim offers up a concrete example that illustrates exactly how delta, theta, and vega are all working in unison to determine your day-to-day profits.
Oct 10, 2019
Of the three Greeks that we use the most, delta, theta, and vega, delta is by far the most potent of the bunch. Dr. Jim explains why.
Oct 3, 2019
The real source of our edge lies with undefined-risk strategies and how we manage and adjust them over time.
Sep 26, 2019
Over time, trading options is not a zero sum game, not even for defined-risk trades, simply because implied volatility continues to overwhelm realized volatility.
Sep 19, 2019
Trading volatility as its own metric is something we lean on quite heavily. But in order to put volatility in the proper context, it needs a clear reference point.
Sep 12, 2019
Once we go inverted, is it possible to "uninvert" and move back into a Regular Strangle? Yes, and here's how.
Sep 5, 2019
The bid-ask spread is an unavoidable element of trading, but our risk of being filled at undesirable prices is effectively zero. Dr. Jim explains.

tastytrade content is provided solely by tastytrade, Inc. (“tastytrade”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, transaction or investment strategy is suitable for any person. Trading securities can involve high risk and the loss of any funds invested. tastytrade, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastytrade is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparison, statistics, or other technical data, if applicable, will be supplied upon request. tastytrade is not a licensed financial advisor, registered investment advisor, or a registered broker-dealer. Options, futures and futures options are not suitable for all investors. Prior to trading securities products, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure for Futures and Options found on

tastyworks, Inc. ("tastyworks") is a registered broker-dealer and member of FINRA, NFA and SIPC. tastyworks offers self-directed brokerage accounts to its customers. tastyworks does not give financial or trading advice nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastyworks’ systems, services or products. tastyworks is a wholly owned subsidiary of tastytrade, Inc (“tastytrade”). tastytrade is a trademark/servicemark owned by tastytrade.

Quiet Foundation, Inc. (“Quiet Foundation”) is a wholly-owned subsidiary of tastytrade The information on is intended for U.S. residents only. All investing involves the risk of loss. Past performance is not a guarantee of future results. Quiet Foundation does not make suitability determinations, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of Quiet Foundation’s systems, services or products.

Small Exchange, Inc. is a Designated Contract Market registered with the U.S. Commodity Futures Trading Commission. The information on this site should be considered general information and not in any case as a recommendation or advice concerning investment decisions. The reader itself is responsible for the risks associated with an investment decision based on the information stated in this material in light of his or her specific circumstances. The information on this website is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Trading in derivatives and other financial instruments involves risk, please read the Risk Disclosure Statement for Futures and Options. tastytrade is an investor in Small Exchange, Inc.

© copyright 2013 – 2021 tastytrade. All Rights Reserved. Applicable portions of the Terms of use on apply. Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastytrade’s podcasts as necessary to view for personal use.