An option sitting out of the money with no intrinsic value still has a price. Beginners always find this confusing. Dr. Jim Schultz explains it in under a minute.Extrinsic value is everything that is not intrinsic value. It reflects the uncertainty between now and expiration. As long as time remains, that uncertainty has a price attached to it. Watch the full Where Do I Start episode for the complete breakdown on intrinsic and extrinsic value with live AMD examples. #wheredoistart #optionstrading #optionsforbeginners #extrinsicvalue #howtotradeoptions #tradingforbeginners #financialeducation #optionspricing #optionsexplained #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 sea...