Three ways to make money in options. Direction is Delta. Time is Theta. Volatility is Vega. Most traders focus on the first two and ignore the third. Jim Schultz breaks down what Vega actually measures: how much an option price changes for every one point move in implied volatility. A Vega of 10 means 10 cents per point of IV change. Simple. But understanding that changes how you think about IV crush, earnings trades, and why longer-dated options react more to volatility shifts than short-dated ones. 🎙️ Jim Schultz | Where Do I Start | tastylive #Vega #OptionsGreeks #JimSchultz #tastylive #WhereDoIStart #OptionsEducation #Shorts 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 ...