How to Trade Options for Beginners (Robinhood Options Tutorial)

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How to trade options for beginners. This Robinhood options trading tutorial will show you how to trade options. Stock options explained in an easy way with a real example while learning about strike prices, expiration dates, and other options trading basics.
⚠️ DISCLAIMER ⚠️
I am not a financial advisor. This video is for entertainment and educational purposes only. You (and only you) are responsible for the financial decisions that you make.

Пікірлер: 105

  • @TheFinancialMinutes
    @TheFinancialMinutes3 ай бұрын

    linktr.ee/finimizeLINKS

  • @nitramvoksmad2404
    @nitramvoksmad24049 ай бұрын

    Really enjoy your comfort w/ the topic, and your easy way.

  • @sportsaregreat1131
    @sportsaregreat11317 ай бұрын

    Best Walkthrough and step by step!

  • @armymann
    @armymann Жыл бұрын

    Thanks for sharing this video. Very informative. Awesome.

  • @jiggaman1116
    @jiggaman1116Ай бұрын

    This is my first of all of the rest of your videos! Clear concise and didn’t go into the crazy details that everyone will have to learn. You gave the cost and the reward and I appreciate that! Off to your next video bro!! Keep going!

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Ай бұрын

    I’ve been posting Shorts videos while I’ve been studying for my CFA but planning to go back to these type later

  • @zemabossable
    @zemabossable5 ай бұрын

    Ty Dude. I have a better understanding. Well lost some in the past for trying to do trial by error, but I get it now.

  • @maritzasantos1721
    @maritzasantos1721 Жыл бұрын

    Great video very informative and clear explanation. Thanks

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Glad it was helpful for you!

  • @MarcusOchoa
    @MarcusOchoa Жыл бұрын

    Can you make a similar video explaining selling a call option?

  • @travishall9320
    @travishall9320 Жыл бұрын

    just discovered this channel, great content bro

  • @Ali_azimi
    @Ali_azimi Жыл бұрын

    Finally you made me understand it. thanks !

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Glad I could help!

  • @basircaldwell4887
    @basircaldwell4887 Жыл бұрын

    Just earned a sub amazingly put together

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Thank you ❤️

  • @thinkersthink-
    @thinkersthink-3 ай бұрын

    Yes, just what i needed thanks…

  • @bmelvin1234
    @bmelvin1234 Жыл бұрын

    Thank you for sharing. That was very informative.

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Glad it helped!

  • @iCamron
    @iCamron Жыл бұрын

    nice video. watched it a couple times to get the hang of it. just put in my TSLA call. ha

  • @iCamron
    @iCamron Жыл бұрын

    do you have a video of you selling options on Robinhood?

  • @cap3105
    @cap31053 ай бұрын

    What is the for and example when you buy put +20% or say a -30%. Is that and extra fee on top of the premium?

  • @gopensharma1201
    @gopensharma12018 ай бұрын

    good learning

  • @Thomas-fk6ep
    @Thomas-fk6ep2 ай бұрын

    Ty

  • @stuckintb
    @stuckintb6 ай бұрын

    Good video sir

  • @user-jh1mh6kx2r
    @user-jh1mh6kx2r Жыл бұрын

    slight correction, it is not ABS(St-X) but max(St-X,0) as with absolute you would be saying that even an OTM option has positive intrinsic value.

  • @user-jh1mh6kx2r

    @user-jh1mh6kx2r

    Жыл бұрын

    Thanks for showing the workflow tho, love you channel!

  • @user-kx3op1kt3e
    @user-kx3op1kt3e4 ай бұрын

    Thank you

  • @sawkorain
    @sawkorain Жыл бұрын

    What do you do for risk management? When would you typically exit if the trade started going the wrong way?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    I try to exit as soon as my analysis for entering the trade fails

  • @ScienceHelpUs
    @ScienceHelpUs11 ай бұрын

    Do you have to buy the underlying stock when you sell to close, or are you trading the premium?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    11 ай бұрын

    You’re trading the premium

  • @ScienceHelpUs

    @ScienceHelpUs

    11 ай бұрын

    @@TheFinancialMinutes Thank you for the response!

  • @cademadeira21
    @cademadeira2127 күн бұрын

    Excellent video. You are a quality instructor. Very patient and clear explanations, with examples. I learned a lot. #MuchRespect

  • @TheFinancialMinutes

    @TheFinancialMinutes

    27 күн бұрын

    🙏

  • @jeanphi0078
    @jeanphi0078 Жыл бұрын

    hello, will it be possible to have a copy of your journal concerning the trades you have proposed in Patreon members I am interesting to become a member and by the way which strategies do you propose thank you

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    I can send you a copy on Discord discord.gg/A7VHNFk

  • @jeanphi0078

    @jeanphi0078

    Жыл бұрын

    @@TheFinancialMinutes Thank you, I am now to your discord and ask you the same question in the newbies channel

  • @MuhammadIbraheem01
    @MuhammadIbraheem0111 ай бұрын

    Are there any restrictions on options trading like the pdt rule or anything?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    11 ай бұрын

    Yes same rules apply for options, only 3 day trades per week for a margin account under $25K

  • @kimmungkim
    @kimmungkim3 ай бұрын

    What about the selling part?

  • @ChapaRagez
    @ChapaRagez Жыл бұрын

    So if it expires out of the money you lose everything you put down. So could you sell the day before it expires even its out of the money and not lose the full amount?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Yes you can close any time before your option expires, and most of the time you should

  • @konsmberg
    @konsmberg Жыл бұрын

    Nice video, but I am going to play a dumb beginner here and ask - so what i bet that SPY will go up, and it did go up? Does that mean I need to actually buy SPY stock and then sell it?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    No you can sell the call before it expires to take profit for the trade

  • @CarIWheezerr
    @CarIWheezerr Жыл бұрын

    With your pateron do you give option alerts or plays and such it’s hard sometimes for me to do all my research but it helps if someone else is able to do it for me thanks!

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Yes it includes entry/exits, live trading & Q&As

  • @sfingaz9
    @sfingaz9 Жыл бұрын

    Seeing that you don't have enough money in your brokerage to actually exercise 100 shares of SPY, are you just selling the option right before the expiration?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Yes you can sell any time before expiration

  • @alessicapryor5202
    @alessicapryor5202 Жыл бұрын

    How do you exit out of the trade and receive your profits or loss? Also what happens if you leave before the expiration day

  • @Tsutsu5

    @Tsutsu5

    Жыл бұрын

    That’s exactly what I’m asking, I’ve made trades on mt4 and you can manually opt out of a trade once you set your tp but robinhood isn’t like that so I’m guessing trade closes on expiration day and the profit is by how much your strike price goes up

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    You can close any option before its expiration and your profit or loss is equal to the difference between the value you bought and sold the option for

  • @Tsutsu5

    @Tsutsu5

    Жыл бұрын

    @@TheFinancialMinutes I tried by selling my call that I placed but my order was canceled, other than that how else should I close a call?

  • @rioclemens
    @rioclemens5 ай бұрын

    Can you loose more than you put in? I’m on Robinhood beginner, cash only, & I want to enable options but scared about losing more than I put in &/or do they charge a fee?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    4 ай бұрын

    You can only lose what you put in for options you buy. For covered calls/cash-secured puts you can lose your collateral in shares or the stock falling to 0. If you decide on naked calls/puts you have theoretically unlimited risk. With credit/debit spreads you risk the stock falling between your strikes and needing to put up the collateral for 100 shares in stock or cash.

  • @rioclemens

    @rioclemens

    4 ай бұрын

    @@TheFinancialMinutes so just make sure to only ever do cash options for someone like me just starting out & I won’t lose more than I put in? Thank you for your reply. I truly am so invested in learning all I can about this but still so scared to actually do it. I tried to find a professional to help guide me or even hire someone to make a bet on my behalf but I soon learned there is hardly no such thing. People aren’t going to play with your money unless it’s a substantial amount & even then, they’re hesitant to. Which is understandable

  • @rudiperadi-li7pd
    @rudiperadi-li7pd8 ай бұрын

    Stock option is very overwhelming For example One website has different meaning than other website to explain what is sell put ? It's also meaning of buy put, buy call, sell call

  • @Rew123

    @Rew123

    2 ай бұрын

    You should not put your money in anything that you don't understand.

  • @lukeprince1047
    @lukeprince1047 Жыл бұрын

    my account is only saying I can buy the stocks, how do i make it to where i can trade the stocks

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Apply for options trading in account settings

  • @pixelander
    @pixelander19 күн бұрын

    How do you know which specific stocks to pick?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    19 күн бұрын

    Familiarize yourself with different industries and try to find the best stocks in those sectors

  • @pixelander

    @pixelander

    19 күн бұрын

    @@TheFinancialMinutes how do you know which’s are good to invest in? Is there some where I would browse?

  • @Raul-ve2hb
    @Raul-ve2hb Жыл бұрын

    Are people still using Robinhood? I keep hearing it’s easier for options but are people actively using the platforms for other purposes?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    I still use it for options because the user interface is easy to navigate. Making the same trade on Thinkorswim or Fidelity takes twice as long.

  • @TheDeadTravelFast
    @TheDeadTravelFast Жыл бұрын

    On the expiration date, but I actually have to manually hit cell on the contract? Or does the money automatically go into my account? Like let's say the expiration date came along and I was in the money, is there anything I have to do after that or does the contract just go away and I get the money

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    If you bought the option you should sell before expiration

  • @TheDeadTravelFast

    @TheDeadTravelFast

    Жыл бұрын

    @@TheFinancialMinutes so whenever I'm trading options, I always hit sell? I thought it does that automatically

  • @ZeldaFan0197
    @ZeldaFan01972 ай бұрын

    are you the sidekick actor?? uncanny

  • @joelreyes978
    @joelreyes978 Жыл бұрын

    spy ex dividends is next friday..

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Could signal buying pressure but we’ll see how macro fairs the next couple weeks. Been pretty crazy with geopolitics lately.

  • @loyaltychizzle7320
    @loyaltychizzle73202 ай бұрын

    There us one thing i dont understand and the rest of options i do. Smh. Hoping this vid answers that quest for me

  • @TheFinancialMinutes

    @TheFinancialMinutes

    2 ай бұрын

    If you have any questions hmu in the Discord

  • @kingjay6401
    @kingjay6401Ай бұрын

    Am I getting this correct, you spend 600 to make 300?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Ай бұрын

    Yes with the risk of losing the $600 spent

  • @nene38333
    @nene383333 ай бұрын

    It isn’t giving be the option to trade options

  • @TheFinancialMinutes

    @TheFinancialMinutes

    3 ай бұрын

    You should be able to enable them in your account settings

  • @inspiregamingd
    @inspiregamingd9 күн бұрын

    I didn’t understand a single thing lol. What is bullish and bearish mean haha

  • @TheFinancialMinutes

    @TheFinancialMinutes

    9 күн бұрын

    Bullish = stock will go up, Bearish = stock will go down

  • @trucktrader1652
    @trucktrader1652 Жыл бұрын

    selling options ?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    I've already made some videos on selling calls & puts

  • @trucktrader1652

    @trucktrader1652

    Жыл бұрын

    @@TheFinancialMinutes facebook link ?

  • @edgargarcia6585
    @edgargarcia6585 Жыл бұрын

    Mann this is risky really gotta know what you doing or you loose your hide quick

  • @Biandy9407
    @Biandy94076 ай бұрын

    How could this be for beginners my goodness.

  • @Mthetink
    @Mthetink Жыл бұрын

    This is not for beginners 😂

  • @billiomindest

    @billiomindest

    7 ай бұрын

    Yes it is

  • @Mthetink

    @Mthetink

    7 ай бұрын

    @@billiomindest nah

  • @tias.6675

    @tias.6675

    4 ай бұрын

    Understood it more than the last video I watched lol. He did good 🤷🏽‍♀️

  • @thinkersthink-

    @thinkersthink-

    3 ай бұрын

    Great video…

  • @cleoclan

    @cleoclan

    3 ай бұрын

    If u don't know what he is talking about u need to back track go through more vocabulary and research more b4 getting into options I been trading for 3 years now and I finally think I'm ready for options

  • @user-daviddog
    @user-daviddog Жыл бұрын

    Didn't that got loss $50,000. ?

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Long story short, he found a hack in Robinhood to borrow 10X the amount of money he had and ended up losing it all

  • @PrimitiveOverland
    @PrimitiveOverland Жыл бұрын

    I wish you would say 6 dollars instead of 600 it confused me

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    The total cost of the option is $600 since the option controls 100 shares

  • @PrimitiveOverland

    @PrimitiveOverland

    Жыл бұрын

    @@TheFinancialMinutes damn I don't know shit.

  • @LuisHernandez-ec5nf
    @LuisHernandez-ec5nf Жыл бұрын

    ngl I feel bad for the degenerate 😕

  • @slyfox2live
    @slyfox2live6 ай бұрын

    Poor explanation strike price? Limit order? I think you need to review your video we don't know what you're talking about

  • @koofdome
    @koofdome2 ай бұрын

    Can’t wait for beginners to start selling options and waking up to realize their losses are unlimited lmao. Be VERY CAREFUL PEOPLE.

  • @OKAaron
    @OKAaron Жыл бұрын

    I just joined Robinhood. I don’t have the “options” button. I can only buy the shares

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    You have to sign up for it in the investing settings

  • @OKAaron

    @OKAaron

    Жыл бұрын

    @@TheFinancialMinutes After not doing any research and commenting on this video. I then decided to do research like a non lazy person and got approved for it yesterday. 😂 thanks for interacting though!

  • @alessicapryor5202

    @alessicapryor5202

    Жыл бұрын

    You have to enable the tab

  • @mileslee6426
    @mileslee6426 Жыл бұрын

    Can you buy multiple call on a same stock but different date ??

  • @TheFinancialMinutes

    @TheFinancialMinutes

    Жыл бұрын

    Yes