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Find out how prop trading differs from retail trading and how certain trading mechanics are the same!

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WDIS: BAT vs. BAT

Tony has already proven he can teach even the most novice of traders. But can he mold his son into a trader? Catch tastytrade’s Father-Son team, Tony and Nick Battista, as Nick learns how to trade options from the very beginning and find out if the apple doesn't fall far from the trading tree.

Jul 7, 2015
Options training starts with a discussion of buying a call option as a bullish strategy and selling a call option as a bearish strategy.
Jul 8, 2015
The differences in buying and selling puts is discussed as an introduction to options trading.
Jul 9, 2015
Volume and volatility are the discussed as the key factor in determining what underlying to trade in.
Jul 10, 2015
Why a long term time frame for a price graph is too broad to consider for an option trade with a 45 day expiration.
Jul 14, 2015
When there is still time before expiration, time is on your side even if a directional trade goes wrong early.
Jul 15, 2015
Buying power reduction is the amount of margin, also known as capital, required to open an options trade.
Jul 16, 2015
An Iron Condors is a non-directional trade with defined risk that profits when the stock stays between the short call and put positions.
Jul 17, 2015
A difference in IV between weekly expiration dates can indicate that there is an event upcoming, before the end of the month.
Jul 18, 2015
A butterfly spread is a neutral position with 1 ITM option, 2 ATM options, and 1 OTM option.
Jul 21, 2015
Buy using a skewed iron condor we can take a bullish assumption and cover a small bearish movement with the credit received for selling the iron condor.
Jul 22, 2015
Discussing the volatility products VXX, UVXY, and VIX, and how these products relate to each other.
Roll a Tested Iron Condor?
Jul 28, 2015
Nick's iron condor is getting tested so Tony and Nick discuss whether or not rolling the untested side is worth it. Watch to see a discussion on risk vs re
Jul 29, 2015
The target of 50% of max profit based on tastytrade research is achieved around day twenty of a trade. Also discussed is a strangle in MON.
Revisiting Entry Mechanics | Days till Expirations
Jul 30, 2015
Key mechanics when determining entry into a position is considering the days till expiration, reverting to the monthly expiration closest to 45days out.
Neutralize Portfolio Beta Weight
Jul 31, 2015
Buying a long put butterfly, with a skew to the downside strikes creates a broken wind butterfly, which is a neutral to bearish strategy.
Closing Trades and Managing Winners
Aug 1, 2015
Closing winning trade when the opportunity presents itself is key to managing your overall portfolio.
Business as Usual, Even When You Will Be Unable To Trade!
Aug 4, 2015
With a vacation coming up we look to keep things "Business as Usual" and continue adding to the portfolio. With a couple days off the duo add two positions
Words of Wisdom | Managing Losing Trades
Aug 11, 2015
Tony offers some tradehack words of wisdom on managing losing trades and rolling for credit.
Keep calm and know when to roll!
Aug 12, 2015
Nick gets anxious and looks to roll positions, learning a valuable lesson about selling into weakness.
Introduction to Ratio Spreads
Aug 13, 2015
Ratio spreads are a neutral strategy similar to a covered call, but limit the risk to the extreme of an up/down movement.
Synthetic Trading Strategies
Aug 14, 2015
Synthetics are trading strategies that mirror another strategy but require a lower amount of buying power.
Pre Expiration Adjustments & BWB TradeHack!
Aug 15, 2015
With the first expiration coming up the duo look to roll for a credit on a losing position. Tony brings in a tradehack for the broken wind butterfly in SPY
Portfolio Management into Expiration
Aug 18, 2015
With the first expiration cycle coming at the end of this week the duo discuss what decisions they need to make to manage the portfolio.

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