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Three ways to make money in options. Direction is Delta. Time is Theta. Volatility is Vega. Jim Schultz covers the third one using SpaceX live on the platform in episode 10 of Where Do I Start. Two rules: at-the-money options always have the highest Vega, and longer-dated options always have higher Vega than shorter-dated ones. Volatility impacts LEAP prices far more than weekly prices. Understand that and everything about IV crush earnings trades and calendar spreads clicks into place. šŸ“Š tastylive: tastylive.com šŸ“° Get Tom's pre-market analysis every morning: tastylive.com/newsletters šŸ“˜ FREE Options Strategy Guide: tinyurl.com/bp9ms763 šŸ“± Follow tastylive on X: x.com/tastyliveshow Chapters 0:00 Episode 10: Vega is Greek number three 0:38 Three ways to make money: direction time volatility 1:26 What Vega measures 2:40 Option buyers: positive Vega 4:46 Option sellers: negative Vega 6:22 SpaceX live: reading Vega on the chain 8:19 ATM options...

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