Ep. 210: How To Use "Delta" In Option Trading Like A Pro
I'm going to show you how delta works, what it means for your trades, and how to use it like a pro.
In this video:
- What Is Delta?
- Understanding Delta
- Delta and the "Probability ITM" feature
- Applying delta to decision making
- Example on how to use delta for PowerX Strategy and The Wheel Strategy
When you understand delta in option trading, you will definitely have an edge.
Recommended Links & Videos:
How To Fly Rescue Missions: https://youtu.be/OlTD9h_ZNd8
My Trading Routine: https://https://mytradingroutine.com/
Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.
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