# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=cqxh5s8Y7Yk
- **Gondola URL:** https://gondola.cc/posts/67235060-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/3cb18ec0e4.jpg
- **Posted:** 2026-06-27T16:00:06.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

Most options traders only sell premium. Mike Butler says there is a time and place for both and knowing when to use each is what separates good traders from great ones. Selling premium works best in the 30 to 60 day window on broad-based indices where gap risk is minimal. Buying premium works best outside that 60-day window especially on individual names at multi-year lows where a LEAP gives you time without the theta decay problem.

The key framework: if selling premium do it in products where you can withstand any variance. If buying premium you get what you pay for so go further out in time and always sell something against it to reduce cost basis. Near-term long options are a losing game. LEAPs on names at decade lows are a completely different trade.

📊 tastylive: https://www.tastylive.com/
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Chapters
0:00 The age-old question: sell or buy premium
1:28 S&P products vs equities: why selling premium is different
3:06 There is a time and place for all strategies
3:51 Buying LEAPs: you get what you pay for
4:09 Nike at decade lows: LEAP vs short put comparison
6:00 Near-term IV vs long-term IV: where the real value is
8:30 Sell premium in 30-60 days. Buy premium outside 60 days.
11:16 The MES year-long trade: 93 to 700 points collected
12:40 If your account is suffering today your trade size is off
14:31 Undefined risk: must withstand any variance

#OptionsTrading #SellPremium #BuyPremium #MikeButler #tastylive #OptionsInAction #LEAPs #OptionsEducation

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:** 4,019
- **Likes:** 168
- **Shares:** 0
- **Comments:** 9

## Tags

leaps, buypremium, tastylive, sellpremium, optionstrading, mikebutler, optionsinaction, optionseducation

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