Image generated with Midjourney

Watch These (Top 10) YouTube Videos to Master Options Trading: Beginner to Advanced

By:Eric Villa

Our editor's countdown the 10 tastylive videos every trader needs to watch

10 - Start here: your intro to an options crash course from a finance Ph.D.

Meet the best options trading teacher you’ll ever have. Dr. Jim Schultz has a doctorate in finance from The University of Memphis and taught finance at Winthrop University. His newest feature-length options crash course has won the praise of thousands of new options traders. If you want an easy and understandable take on the basics of options quantitative analysis, this is the video for you.


youtube comment

9 - An introduction to covered calls

Covered calls are the most intuitive beginner options strategy for those comfortable with buying and trading stocks. tastylive’s introduction to the subject has been watched by more than a quarter of a million traders. Before watching the video, review this basic overview of a covered call:

  • Covered calls are a beginner strategy in options trading that involves buying stock and selling call options against it to enhance positions and reduce cost basis.
  • Covered calls have the same risk profile as short puts, and both strategies have a bullish assumption.
  • Traditional investing often focuses on buying stock, but selling options can enhance stock positions and provide a higher probability of profit.
  • Selling covered calls can reduce cost basis, increase probability of profit and provide downside protection.
  • Covered calls can be adjusted based on market assumptions, such as selling at-the-money or out-of-the-money calls for higher premiums and more effective cost basis reduction. They can also be profitable even if the stock doesn't move.

8 - Finding a strategy that’s right for you

Trading is like skiing. You don't know what the conditions will be like until you're on the mountain top. But this video featuring legendary traders Tom Sosnoff and Tony Battista helps viewers understand market conditions well enough to make it down the mountain safely (and profitably). 

7 - Portfolio management for $100k+ accounts

Portfolio building is more than just picking stocks. It's about understanding product indifference, capital efficiency and strategic allocation. In 2022, traders Tom Sosnoff and Tony Battista managed a $100,000 options portfolio live on air, showing the audience how they adjusted and managed positions in a large account. Before watching the full series, take a look at their four tenants for successfully managing a large portfolio. 

  1. Portfolio building and product indifference: The Top Dogs series emphasizes the importance of being indifferent to specific products and focusing on building a diversified portfolio. 
  2. Core portfolio with strategic investing: The objective is to operate like a hedge fund manager by creating a core portfolio that avoids correlation and includes both long and short positions in various products.
  3. Risk management and capital allocation: The first episode will cover the allocation of capital within your portfolio. Sosnoff and Battista explain the use of exchange-traded funds and futures instead of individual stocks and the importance of consistent capital allocation.
  4. Setting realistic expectations: Set realistic expectations and understand that monthly returns may vary. Throughout the series, traders will learn to manage risk and maintain awareness of potential losses in months when the market moves against the portfolio. Top Dogs, like tastylive as a whole, is about product indifference and on long-term portfolio management.

6 - 0DTE options strategies

Are you considering selling zero days to expiration (zero DTE) options? Then make sure you watch our research first! While best-case scenarios may seem mouthwatering, the tastylive research team conducted multiple industry-leading studies of risk and proper trade management with zero DTE options. The video above is linked to our series on the subject. 

5 - Selling put options for smaller trading accounts?

We’ve had more than a decade to crunch the numbers on nearly every variable an options trader can consider. If you believe a stock is going to go up, but you don’t have much capital to put toward your trading, don’t just buy stock. In one of tastylive’s first viral research pieces, we break down why selling put options may be a better long-term strategy for traders with limited capital than simply buying a stock at the right time. 

4 - Former engineer/lawyer becomes a full-time trader with these three criteria

Over the years, nearly 40 traders that tastylive calls "Rising Stars" have met with Tom Sosnoff on the network. The one in this video—we'll call him Thomas—has some powerful insights for traders. His disciplined focus on three simple criteria helped him become a full-time trader after his career as an engineer and lawyer. To hear about his leap into trading, watch the video above. 

3 - How a software engineer grew $2,500 into $200,000 in a few years

Last year, our interview with Nishat, a "Rising Star" who parlayed $2,500 into $200,000 caught fire with tastylive’s audience. Nishat’s trading strategy focuses on mean reversion and swing trading, primarily using debit spreads on options. His passion for trading doesn’t stop at his returns, though. It’s a lifestyle and a passion he shares with his daughter. To learn Nishat’s story, watch the video above. 

2 - Don’t make these beginner options mistakes

Ever heard the saying 'Take the money when you can, not when you have to?" This Tom Sosnoffism is one of four pieces of advice explored in our video on options trading mistakes. To put the odds in your favor, watch our tastybites episode on trade traps linked above. 

1- How to build a portfolio using complex options strategies

Tom Sosnoff’s Trade Talk on complex options strategies offers an exclusive look at the nitty-gritty information traders typically hear only at a tastylive event. For Sosnoff’s exclusive guide, watch the video above.  

Eric Villa is a YouTube specialist at tastylive. 

For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.

Trade with a better broker, open a tastytrade account today. tastylive, Inc. and tastytrade, Inc. are separate but affiliated companies.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Related Posts

tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastylive is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.  Options, futures, and futures options are not suitable for all investors.  Prior to trading securities, options, futures, or futures options, please read the applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange-Traded Options Risk Disclosure found on

tastytrade, Inc. ("tastytrade”) is a registered broker-dealer and member of FINRA, NFA, and SIPC. tastytrade was previously known as tastyworks, Inc. (“tastyworks”). tastytrade offers self-directed brokerage accounts to its customers. tastytrade does not give financial or trading advice, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastytrade’s systems, services or products. tastytrade is a wholly-owned subsidiary of tastylive, Inc.

tastytrade has entered into a Marketing Agreement with tastylive (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade. tastytrade and Marketing Agent are separate entities with their own products and services. tastylive is the parent company of tastytrade.

tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. Neither tastylive nor any of its affiliates are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

© copyright 2013 - 2024 tastylive, Inc. All Rights Reserved.  Applicable portions of the Terms of Use on apply.  Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastylive’s podcasts as necessary to view for personal use. tastylive was previously known as tastytrade, Inc. tastylive is a trademark/servicemark owned by tastylive, Inc.