Give a man a trade, and you give him opportunity for a day. Teach a man to trade, and you give him opportunity for a lifetime. Today, Tom and Tony teach their viewers how to hunt for expensive options inand in times of calm markets.
The guys talk stock indexes, market sectors, and single stocks before outlining the pros and cons of each. Stocks tend to show opportunity more often that the baskets of stocks we follow like the S&P 500, but those individual stocks exhibit larger moves.
After putting some probabilistic background to this relationship, Tom talks through his process for finding expensive options that he thinks there is opportunity in selling. For the full story, check out the segment above.