We’ve covered how stock movement impacts the price of an option, but that isn’t the only element that changes the value. This episode covers time decay and what that means for an option trader.
Also discussed are a trader’s favorite acronyms: ITM (in the money) and OTM (out of the money).
Now that all the standard terms are out there, we’re ready to step up.
The dough trading platform is now available under the new tastyworks brokerage firm. The name may have changed, but the same cutting edge technology has only gotten better!