W.S. Trades Stock And Options Trading Podcast.
By Larry & James
Our YouTube - www.youtube.com/@wstrades2020
Website- wstrades.com
Email - larry@wstrades.com
W.S. Trades Stock And Options Trading Podcast. Apr 18, 2022
Navigating Economic Events for Informed Trading Decisions
In this episode we explore the realm of trading during economic events. Join us as we delve into the impact of central bank announcements, economic data releases, and other significant events on the financial markets. Gain valuable insights on how to identify key events, conduct thorough research, and interpret market reactions. Discover effective risk management strategies to navigate volatility and adapt your trading approach during these critical moments. Enhance your trading skills and decision-making abilities in the ever-changing landscape of economic events. Tune in now for practical tips and valuable insights to make informed trading decisions during economic events.
Exploring Triangle Patterns: Unveiling Trading Insights
Join us on the WS Trades podcast as we dive into world of triangle patterns in trading. Whether you're a seasoned trader or just starting out, this episode will provide valuable insights into how triangle patterns can help you identify potential trade setups and make informed trading decisions. Discover the three types of triangle patterns and their significance, learn how to spot breakouts and set entry and exit points, and gain valuable tips on managing risk effectively. Don't miss out on this enlightening discussion that will empower you to unlock the potential of triangle patterns in your trading strategies. Tune in now and take your trading skills to new heights!
Sign up for premium content at wstrades.com
Single Stock ETFs and trading in an IRA account.
In this episode Larry discusses single stock etf's and how you can trade them in an IRA account. He also discusses big website news and a special offer.
Should you change your trading strategy? I DID!
In this episode I go over some of my trades from the last month, talk about how almost blowing up my account made me realize I needed to change my trading strategy and how I'm building the account back up since my change. I also tell you about all the changes I've made to the site wstrades.com and talk about how you can get a 30 day free trial of the premium content at https://wstrades.com/community/
Open interest vs Volume - Options basics
In this episode Larry goes over his trades from the past 2 weeks as well as talks about the difference in open interest and volume when it comes to options contracts.
Top down sector analysis
In this episode Larry discusses using sector ETF's to analyze how certain tickers may move as well as goes over all of his opening and closing trades from the past two weeks.
The right trading mentality.
In this episode Larry goes over his trades from the past two weeks as well as discuss is two mental pitfalls that traders should avoid. One being fear and the other greed and you can avoid both by having a solid trading plan and sticking to it.
How to spot fake trading gurus.
In this episode Larry goes over his opening and closing trades and gives you clues on how to spot a fake guru as well as discuss is the new trading forum on the website wstrades.com.
Using volume to validate a trend.
In this episode Larry explains why we have been MIA for a few weeks and gives examples of how you can use volume to validate a trend in a stock.
WST BSP indicator can be downloaded at https://wstrades.com/tos-indicators/wst-bsp/
James case study on FB Facebook/Meta adjustments for a profit.
James goes over all of the adjustments he made on a recent trade on Facebook / Meta that went against him but he was able to turn it into a profitable trade.
Dividend risk on short call options
In this episode Larry and James talk about the risk of you being on the hook for an underlying's dividend if you sold a short call.
How to trade volatility products like VXX and UVXY - Short Term Futures ETF - VIX Futures - Fear Index
In this episode Larry and James go over short term futures volatility products like VXX and UVXY.
1RONYMAN
Wall Street Bets
GUH
CBOE
VIX
Options Greeks
Delta
Options Trading for Beginners
How to trade options
GOOG
AMZN
TSLA
DWAC
Selling naked puts
Puts
Calls
Futures trading
Thinkorswim
Robinhood
How to trade options on Robinhood
Candlestick Charts
How to Read Candlestick Charts
Vertical Spread
Iron Condor
Covered Call
Swing Trading
Day Trading
In the money
Out of the money
Theta
Gamma
Vega
Synthetic Covered Call
Poor mans covered call
Straddle
Strangle
What should you be looking at during war times? Or ways to trade the Russian economy.
In this episode Larry and James go over ways to trade around war times or times of unrest especially ways to trade the Russian economy.
Options Trading Profit and Loss Swings - Probability In the Money - Probability of Touch - ITM
In this episode Larry and James give their trade updates. They also talk about probability in the money, probability of touch, and some of the profit and loss swings you will see in your account while you have short option positions open.
Fundamental analysis. What to look for.
In this episode Larry and James go over last weeks trades and talk about a few quick ways to evaluate a company's fundamentals.
New ThinkorSwim indicators from WS Trades and how to back test strategies on ToS.
In this episode Larry and James go over our trades from last week and talk about the newest addition to our ThinkorSwim indicators and how you can use the AddOrder function on ToS to easily back test strategies.
How to trade a market crash.
You don't have to sit by and hold the bag until the market recovers. In this episode Larry and James go over options you can take to actually make money during a market crash.
Legging into options trades. Ghetto Spread. Options Trading for Beginners
In this episode Larry and James go over ways and reasons to leg into options trades.
1RONYMAN
Wall Street Bets
GUH
CBOE
VIX
Options Greeks
Delta
Options Trading for Beginners
How to trade options
GOOG
AMZN
TSLA
DWAC
Selling naked puts
Puts
Calls
Futures trading
Thinkorswim
Robinhood
How to trade options on Robinhood
Candlestick Charts
How to Read Candlestick Charts
Vertical Spread
Iron Condor
Covered Call
Swing Trading
Day Trading
In the money
Out of the money
Theta
Gamma
Vega
Synthetic Covered Call
Poor mans covered call
Straddle
Strangle
1RONYMAN, Box Spreads on Robinhood, and ControlTheNarrative GUH Apple Earnings Loss
In this episode Larry and James talk about 1RONYMAN and ControlTheNarrative and their massive losses in Robinhood.
1RONYMAN
Wall Street Bets
GUH
CBOE
VIX
Options Greeks
Delta
Options Trading for Beginners
How to trade options
GOOG
AMZN
TSLA
DWAC
Selling naked puts
Puts
Calls
Futures trading
Thinkorswim
Robinhood
How to trade options on Robinhood
Candlestick Charts
How to Read Candlestick Charts
Vertical Spread
Iron Condor
Covered Call
Swing Trading
Day Trading
In the money
Out of the money
Theta
Gamma
Vega
Synthetic Covered Call
Poor mans covered call
Straddle
Strangle
Massive Short Squeeze Episode - Stock Market - Options Trading - Thinkorswim - Robinhood - Gamestop - AMC - MOASS
In this episode Larry and James talk about some historic short squeezes that have happened in the stock market.
CBOE
VIX
Options Greeks
Delta
Options Trading for Beginners
How to trade options
GOOG
AMZN
TSLA
DWAC
Selling naked puts
Puts
Calls
Futures trading
Thinkorswim
Robinhood
How to trade options on Robinhood
Candlestick Charts
How to Read Candlestick Charts
Vertical Spread
Iron Condor
Covered Call
Swing Trading
Day Trading
In the money
Out of the money
Theta
Gamma
Vega
Synthetic Covered Call
Poor mans covered call
Straddle
Strangle
Futures contracts contango and backwardation.
In this episode James and Larry go over our trades from last week and contango and backwardation on futures contracts.
CBOE
VIX
Options Greeks
Delta
Options Trading for Beginners
How to trade options
GOOG
AMZN
TSLA
DWAC
Selling naked puts
Puts
Calls
Futures trading
Thinkorswim
Robinhood
How to trade options on Robinhood
Candlestick Charts
How to Read Candlestick Charts
Vertical Spread
Iron Condor
Covered Call
Swing Trading
Day Trading
In the money
Out of the money
Theta
Gamma
Vega
Synthetic Covered Call
Poor mans covered call
Straddle
Strangle
Pharma stocks and FDA approval stocks
In this episode Larry and James discuss the pros and cons of trading around FDA approvals.
The CBOE VIX ticker. What is VIX and how to trade it.
The importance of knowing special hours especially when trading options.
In this episode Larry and James discus the importance of knowing special hours especially when trading options as well as go over last weeks trades and go over tickers they are looking at going into the week.
Do's and don'ts of trading. Learn from our mistakes...
In this episode Larry and James go over some of the biggest learning do's and don'ts they have learned through the years.
Sticking to a trading plan and controlling your emotions.
In this episode Larry and James discuss the importance of sticking to your trading plan and controlling your emotions when entering a trade.
What can you do if your options position moves against you?
In this episode Larry and James go over last weeks trades and discuss ways to mitigate losses in options trades including going inverted, opening a position on the other side of the trade and more.
Chasing running stocks
Why getting FOMO and chasing running stocks is dangerous and how to avoid losing it all.
Options Pricing - Why getting "perfect pricing" isn't necessary to being a profitable options trader
Why getting "perfect pricing" isn't necessary to being a profitable options trader
Options Trading For Beginners - Option Greeks: Vega
#TLRY #CEI #MRNA #TSLA #AMC #GME #OCGN
In this episode we discuss Vega and how it relates to option contracts. We also cover new trades and closing trades from the past week.
Options Greeks: Gamma - Options Trading For Beginners - How to trade stock options - CEI Stock - TLRY Stock - VXRT Stock
Options Greeks - What is Gamma? What does Gamma mean when it comes to options trading. In this episode we explain Gamma and cover new opening and closing trades.
CEI
CEI Stock
TLRY
TLRY Stock
VXRT Stock
SHIB Price Prediction
Shiba Inu Prediction
How the Stock Market Works
Stock Market Crash 2021
How to avoid indicator overload. Knowing what an indicator represents. Options Trading for beginners. How to read candlestick charts.
Don't overwhelm yourself with too many indicators and knowing how an indicator is constructed.
Options Trading for Beginners
How to read candlestick charts
CEI Stock
SHIBA INU Prediction
#Optionstrading
#CEI
#SHIB
#OptionsGreeks
Options Greeks: Theta explained
In this episode Larry and James go over last week's trades and explain how Theta effects options contract value.
Options Greeks: Delta - Options Trading For Beginners - How to trade stock options
In this episode Larry and James discuss the importance of and how to use the options Greek Delta.
Options trading for beginners
Stock Options
CEI Stock
TLRY Stock
VXRT Stock
#Optionstrading
#CEI Stock
Strangle and Straddle options strategy
In this episode Larry and James discuss two options strategies. The strangle and the straddle.
How to use conditional buy or sell orders
In this episode Larry and James discuss how to use conditional orders to make it easy to stick to your trading plan.
REUPLOAD of Margin account vs cash account episode
Sorry half of the latest episode got cut off so here is the full version. If you have already listened to the latest episode you can skip to around 25 minutes.
What are margin accounts and maintenance requirements?
In this episode Larry and James discus the difference in cash and margin trading accounts as well as maintenance requirements and how to calculate it..
Having a trading plan.
In this episode Larry and James discus the importance of having a plan before entering a trade. But more importantly sticking to the plan.
Technical analysis vs Fundamental Analysis
In this episode Larry and James go over the difference in technical analysis and fundamental analysis as well as go over last weeks trades and what trades we are looking to get into next week.
It's probably not manipulation...
In this episode Larry and James discuss why your loss probably wasn't due to market manipulation and go over last weeks trades as well as new trades we are looking at getting into. Also we discus a big announcement over at wstrades.com.
Making money no matter what the markets are doing
Larry and James cover their new opening and closing trades. As well as discuss how to make money no matter what the markets are doing.
Selling naked puts strategy.
In this episode Larry and James discuss selling cash secured puts as a strategy as well as go over last weeks trades and go over a few tickers we are looking at trading next week.
Trading Diagonal Spreads
In this episode Larry and James discuss trading diagonal spreads as well as go over last week's closing trades in new trades we are looking at getting into.
Trading when the market is at all time highs
In ths episode Larry and James discuses safe ways to trade in the market when its at all time highs as well as go over last weeks trades and new trade ideas going into next week.
Pros and cons to trading around earnings.
In this episode Larry and James go over the pros and cons of trading around earnings as well as go over our closing trades from last week and new trade ideas going into next week.
HV (historical volatility) vs IV (implied volatility).
In this episode Larry and James discuss historic volatility versus implied volatility as well as go over our closing trades of the week and trades we are looking to get into next week.
Using scanners to find new trades.
In this episode Larry and James go over a great way to use scanners to find new trade opportunities.
Futures trading basics.
In this episode Larry and James discuss the basics of trading futures as well as go over our closing trades from last week and trades we are looking to get into next week.
Candlestick Chart Reading - Fake Out Candles and Confirmation Candles
In this episode Larry and James go over trading updates and talk about candlestick chart reading techniques related to fake out candles and confirmation candles.
Iron Butterfly Option Strategy
In this episode we discuss the Iron Butterfly Strategy and how to use it as well as updates on our open trades and trades we have closed out.
What are moving averages and how to trade with them.
In this episode James and Larry discuss what moving averages are and how to trade with them as well as go over last weeks trades and trades we are looking at getting into coming up.
Using ETFs and leveraged ETFs.
In this episode Larry and James go over how you can use ETFs and leveraged ETFs to profit no mater what the market is doing.
What is a short squeeze?
In this episode we discuss our closing and new trades as well as what shorting a stock entails and how that can create a short squeeze.
Implied Volatility and IV percentile
In this episode Larry and James discuss implied volatility and implied volatility percentile as well as go over last week's closing trades and new trades we've gotten into.
Vertical Spread options trading.
In this episode Larry and James go over last weeks trades and new positions as well as go over trading vertical spread options strategy. A vertical spread involves buying and writing puts or calls at different strike prices. Each spread has two legs, where one leg is buying an option, and the other leg is writing (selling) an option.
This can result in the option position (containing two legs), giving the trader a credit or debit. A debit spread is when putting on the trade costs money. For example, one option costs $300, but the trader receives $100 from the other position. The net premium cost is a $200 debit.
If the situation were reversed, and the trader receives $300 for putting on an option trade, and the other option costs $100, the two option contracts combine for a net premium credit of $200.
Finding support levels and trend lines.
In this episode James and Larry go over the importance of identifying key price levels and trend lines and go over last weeks trades.
Diversification and position sizing.
Technical Analysis - Drawing Trendlines
In this video I show you how to draw basic trendlines and what you can learn from them. In this series we are starting off with the more basic elements of technical analysis and progressing to the more advanced as we go so definitely hit the subscribe and notification bell so you know when we uploaded a new video.
Iron condor option strategy
In this episode James and Larry go over last weeks trades and talk about things they are looking at getting into next week. We also discus the pros and cons of the iron condor option strategy and how to set it up.
Running the wheel and other option trade adjustments
In this episode Larry hen James go over last week's trades, talk about trades they are looking to get into, and discuss the wheel strategy and other option adjustments.
Ex div date early assignment explained.
WS Trades is offering a FREE trade journal!
Larry's Trade update for 3/16/21. Two new trades today!
The importance of position size
Options Trading For Beginners (Ultimate Guide)
Options Trading for beginners. In this video I discuss a lot of the basics when it comes to trading stock options contracts. There are a lot of key terms to know when it comes to trading stock options and it can take a while to get comfortable with them to the point that you will be comfortable to trade options contracts. I cover all of the basic fundamentals of options trading in this video. What is a call option? What is a put option? What is extrinsic value? What is intrinsic value? When is an options contract in the money (ITM)? When is an options contract out of the money (OTM)? In this video I will go in depth and explain all of the important and key terms you need to know and understand to trade options successfully. I would also recommend watching this video in a full a few times if you are new to options trading. Also I would check out other educational videos on youtube from other trading channels until you get a firm grip on what options trading is and how options trading works. After you have a good grasp on the key components of options trading I would definitely recommend using paper money to trade options first so you can learn how to open trades, how to adjust trades, and also how to close options trades. Using paper money is a great way to test out a strategy before risking your hard earned cash on options trading. In this video we will cover the following sections: 2:20 What are options contracts? 4:28 What is a call option? 8:29 What is a put option? 12:30 What does out of the money mean (OTM)? 13:35 What does in the money mean (ITM)? 14:30 What is intrinsic value? 15:30 What is extrinsic value? 21:30 What is exercise when it comes to options trading? 28:20 What is assignment when it comes to options trading? 31:40 What is Delta when it comes to the options Greeks? 37:15 What is Gamma when it comes to the options Greeks? 39:12 What is Theta when it comes to the options Greeks? 41:50 What is Vega when it comes to the options Greeks? I hope after you watched this video that you have a better idea of all of the basic components of options trading. If you have any questions or comments please leave them in the comments section of this video.
Larry 3/12/2021 update! ALL WINNERS AGAIN!
Went all green once again on my options trades! I was able to close out of #ACI for a 90% profit after holding the synthetic covered call for only 4 days. I doubled my money on my long #ARCC call and my #DIA put credit spread closed completely out of the money. Please go check out the site https://wstrades.com/ to see our new scanners and educational info.
WS Trades weekly podcast. New options trading strategy.
Options trading for beginners - What is a call and put and In the money vs out of the money
Options trading is the buying or selling of contracts that related to shares of stock. Each options contract controls 100 shares of the underlying security or stock. The option contract is comprised of a strike price, an expiration date, and the type of contract (call or put). In this video I cover some of the basics of options trading and how they relate to call and put options contracts.
An option contract is "in the money" when the price of the stock has breached the strike price of the contract. For an example a 130 call contract would be in the money if the price of the stock had risen above $130. For a 130 put contract to be in the money then the price of the underlying stock would need to be below $130. So if the stock was trading at $125, then a 130 call option would be out of the money. If the stock was trading at $135, then a 130 put option contract would be out of the money.
Larry's trade update for 3/1/21 and Robinhood options challenge
The stock market made huge gains today. #AAPL was up over 5%, #TSLA was up over 6%. We discussed how today would be a make or break day to decide what direction the market headed in the future on our latest podcast that can be found on all major podcast apps or at https://anchor.fm/wstrades/episodes/WS-Trades-weekend-podcast-er6uds. I guess the direction is to the MOON! In this video I show you some of the trades I'm in and got into Monday 3/1/21 but if you want to see my custom ThinkOrswim setup and how I pick my trades check out the livestream I did at https://youtu.be/36Sgo5UN_bw
Week 3 of the Robinhood small account challenge and things are picking up. I made a quick $10 profit off #LUMN call debit spread. Then I got into a put credit spread on #SNAP with the strikes of $62 and $61.50. #SNAP sold off pretty hard with the rest of the market ending the day down about 3% at $64.50. I feel pretty good at the $62 level so let's hope this sell-off doesn't continue and the market finds some stability. You can check out my other #robinhood videos under the robinhood playlist to stay up to date with my account progress.
Options trading for beginners on Webull and the best features
in this video I show you the best features of the Webull platform and how to buy and sell vertical spreads using Webull for 4 free stocks please sign up using the link below. Start your investment journey With 4 free stocks. Open an account and get 2 free stocks! Deposit and get another 2 free stocks! https://act.webull.com/te/EgVhdBbDLZbn/jm4/inviteUs/
Straddle and Strangle Option Strategy
What is a long strangle option strategy? A Long Strangle options strategy is when you buy an out of the money put option and an out of the money call option. You are expecting a big move in the price of the underlying stock. It doesn't matter which direction the stock price moves in as long as you get big enough of a price movement to profit on the trade from selling a contract back to the market or from exercising an in the money contract at expiration.
Options education. Bullish vertical spreads.
Two ways to play vertical spreads if you are bullish on a stock. Bull call spread (call debit spread) and bull put spread (put credit spread).
Options Trading For Beginners Defined risk vs undefined risk
Defined risk vs undefined risk option strategies Stock options Options contracts Vertical Spread Call Put Naked options Vertical Spread Iron Condor Straddle Strangle Exercise Assignment Intrinsic Value Extrinsic Value
Options Trading Explained The covered call
The covered call options strategy is popular among stock market investors. A covered call is composed of selling or writing a call option against 100 shares of the underlying stock, which effectively reduces cost basis of holding the shares and creates protection if the price of the stock were to tick lower. If the stock price does not breach the call's strike price at expiration, the investor will make a 100% profit on the premium they collected when selling the call option. If the stock price ends up above the short call's strike price at the time of expiration, the investor will be have to sell their shares of stock at the call's strike price. As you can see this will cap potential profit if the share price rises. However this strategy protects the seller of the call option if the stock price were to decline. This strategy can be an alternative to just buying and holding dividend stocks. Hope you enjoy. Thanks!!
Options trading strategies: High probability of success trades
How to setup a high probability of success trade with options
WS Trades weekend podcast
In this episode we go over our current trades and the importance of using technical analysis with options trades.
Larrys custom TOS setup
In this video I show you how I have my Thinkorswim trading platform set up to quickly find trades to enter.
WS Trades Podcast And PIN Risk explained
James and Larry go over last weeks trades and explain PIN risk trading options.
WS Trades weekend podcast
Larry's end of the week trade update. 2/12/21
FSR takes off and I was left sitting on the sidelines... KO keeps running.
Larry's mid week options update 2/10/2021
KO coca-cola did great on earnings. FSR Fisker did what Fisker does and blasted off locking in a great profit for me
Larry's trade update for 2/8/2021
I played FSR again as well as a put credit spread on KO
WS Trades podcast
We go over last weeks stock and options plays as well as upcoming stock options plays.
Larry's end of the week update. All green baby!
Had a great week. No losing plays. AAPL and SNAP ripped so we were able to close out early.
Options Greeks. Delta and Theta Explained
In this episode I explain Delta and Theta when it comes to options trading and how it works.
BLNK blasted off! Mid week trade updates
Hopefully some of you guys were able to get in on the blink call out I did yesterday. they blasted off to over 11% at one point today. Make sure you subscribe and hit the notification bell so that you can see later callouts.
Options trade adjustments. The simple roll
Simply rolling your options plays to a later expiration can be a very powerful strategy.
Larry's Trade Update for February 1st 2021
Got into AAPL and FSR. Trying to get a play in on SNAP and DDOG because of the killer premium.
Stock Options for Beginners: Put Spread Adjustment Strategy
In this video I show you how to adjust a put credit spread that goes against you into an iron condor to reduce max loss and increase max profit
Learning the basics of options and trade updates.
Trade updates!
Options trade updates as well as next week's plays
Synthetic covered call aka poor man's covered call
Introductory episode from W.S. Trades