# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=2hv7ZWs5OPU
- **Gondola URL:** https://gondola.cc/posts/67235062-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/c26427e42b.jpg
- **Posted:** 2026-06-27T14:00:06.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

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.

📊 tastylive: https://www.tastylive.com/
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📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763
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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 have the highest Vega
9:06 Longer-dated options have higher Vega

#Vega #OptionsGreeks #JimSchultz #tastylive #WhereDoIStart #OptionsEducation #ImpliedVolatility #SpaceX

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:** 1,133
- **Likes:** 79
- **Shares:** 0
- **Comments:** 1

## Tags

tastylive, impliedvolatility, vega, jimschultz, wheredoistart, optionsgreeks, spacex, optionseducation

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