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Episode two of Know Your Options, and Dr. Jim Schultz takes a beginner from nothing to a placed order. The premise is that you have no ideas at all and want to put something on, and the whole path is built for a premium seller sticking to defined risk. He starts at the watch list and walks every decision in order without skipping the boring parts. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Welcome to episode two 01:37 Finding a trade start to finish 02:00 Two caveats before we go 03:46 Step one is the watch list 06:45 Sorting the list by volatility 08:30 What IV rank really means 11:18 What counts as high enough 13:44 Screening the list down 14:32 The second volatility number 17:55 Choosing a strategy category 19:46 Why a vertical spread first 21:01 Nobody knows direction 2...
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