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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!
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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.

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