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Assess Profit Using The Options Greeks for Challenge Week 2#finance #optionstrading #trading
These are the second week of the trading journey I started to help beginners SPY options with $2000 USD. I made the 3 and 4 trade. I sold my contracts I bought respectively on 4/19 and 4/20. See the video to see the results. I will introduce you to the Greeks and tell you how it might affect profit
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0:00 Intro
0:40 Plan for day 3, 4 and new concepts
2:13 Flashback and definition of Options
3:11 Intro to the Greeks and see my view on Robinhood
3:53 First Greek: Delta
5:58 Second Greek: Gamma
7:16 Third Greek: Theta
7:54 Potential profit of the 3 trades made from 04/19 to 04/20
9:18 Use the 3 day trades available to your advantage
10:30 Calculating the total profit or loss
10:47 Conclusion with recap of day 3 and 4
Please like the video, subscribe and share your thoughts so I can make better quality videos:)
#financialsuccess #mindset
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