MI Rewind: Should YOU Trade Options? with Tom Sosnoff

Tom Sosnoff discusses the ins and outs of options trading – how it works, some strategies for beginners, and its expected returns and risks. Tom is a well-known entrepreneur and options trader.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:34 - What options trading is.

05:53 - Why it is important to consider implied volatility when trading options.

10:04 - If you should be trading options.

10:04 - When should you begin trading options?

11:59 - Strategies that can be useful for beginner options traders. 

31:53 - The expected returns and risks of options investing.

39:33 - Why Buffett's options strategy isn't widely publicized.

And much, much more!

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Options trading education from Option Alpha.
• Kirk DuPlessis’ says New Investors SHOULD Use Options.
• Lawrence McMillan’s book Options as a Strategic Investment.
• Brian Overby’s book The Options Playbook.
• Proof Warren Buffett Is An Options Trader Video.
• A Warren Buffett Options Strategy.
• All of Robert’s favorite books.

NEW TO THE SHOW?

• Check out our Millennial Investing Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts.
• Check out all the books mentioned and discussed in our podcasts here.

SPONSORS

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