# @tastyliveshow on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=PaEeb6pI88A - **Gondola URL:** https://gondola.cc/posts/65275781-tastyliveshow-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/d1ef0eda23.jpg - **Posted:** 2026-05-10T12:30:06.000+00:00 - **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow ## Caption Options premium is not just the number you see on the screen. In this episode of Options in Action, Mike breaks down what options premium actually means using a live USO example -- a 9-day option at 80% implied volatility collects $6, while a 43-day option at 71% IV collects $12. The 43-day looks cheaper but when you adjust for time the near-term option is collecting far more premium per day, which is why selling in the 30 to 60 day window captures concentrated implied volatility and buying far out in time protects you from premium decaying against you. Everything connects back to extrinsic value -- master that one concept and you back into understanding all the Greeks without needing the textbook definition. Helpful links: tastylive: https://www.tastylive.com/ FREE tasytlive Newsletters: https://info.tastylive.com/newsletters FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 Follow tastylive on X (Twitter): https://x.com/tastyliveshow CHAPTERS: 00:00 What Is Options Premium 00:35 Why Buying Options Means Going Further Out in Time 01:08 Implied Volatility and When to Sell Against a Long Option 01:52 USO Oil Fund: Strait of Hormuz and the Backwardation Pump 02:28 How Realized Volatility Drives Options Premium in USO 02:59 Reading the Plus-Minus Implied Move on the Platform 03:20 9-Day at 80% IV vs 43-Day at 71%: Not the Same Trade 04:04 The Life Insurance Analogy: Why More Time Costs More 05:03 Strategic Rule: Sell 30 to 60 Days, Buy Far Out 06:27 USO Live: $6 for 9 Days vs $12 for 43 Days 07:45 Why Near Term Options Have More Premium 09:20 The 45 DTE Sweet Spot: IV Spike Plus Time Value Blend 10:04 When to Override the Rule: Earnings and Binary Events 10:30 Final Takeaway: Master Extrinsic Value and Premium Follows #optionsinaction #optionstrading #impliedvolatility #financialeducation #optionsforbeginners #extrinsicvalue #howtotradeoptions #optionspremium #uso #tastylive tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. 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. 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. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all 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 Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. 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, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. ## Stats - **Views:** 4,286 - **Likes:** 201 - **Shares:** 0 - **Comments:** 3 ## Tags tastylive, optionstrading, impliedvolatility, howtotradeoptions, optionsinaction, uso, optionsforbeginners, financialeducation, extrinsicvalue, optionspremium --- Copyright (c) Gondola