How To Trade Options on Webull (Step-by-Step)

#Webull #Stocks #Investing

In today's video we are learning how to trade options on the Webull app. How to buy calls, sell calls, buy puts and sell puts - It may be hard to make money with options trading especially as a beginner option trader or investor. We'll take a look at the Webull platform and the option strategies we'll learn can be applied to a wide variety of stock market brokerages like robinhood, td Ameritrade, and more.

Expiration date: when trading options the first thing we need to look for is the expiration date of the option contract.
Strike Price: The next thing we need to focus on is the strike price and which strike price is best for our option trade.
In the money, Out of the money - now we must decide if we want to invest in ITM (In the money) or OOTM (Out of the money) options. Our profit and chances of winning will rely a lot on these investing decisions.
Buy Call, Buy Put - by looking at the option chain you can determine if you want to buy a call or a put. You can look at the trend and the chart to help determine the sentiment.
Sell Options - You can very easily switch to sell calls or puts with a click of a button.
Options Strategies - you can choose directly to trade different (and some of my favorite) option strategies like iron condors, spreads, calendar, iron butterfly, covered calls, and more.
LEAPs Options - I like to buy calls with more than 1 year out until expiration. To do this we can open up our option chain and click on the appropriate option. Notice that if the entire option chain is not shown we can actually expand the option chain to show ALL strike prices

I am not a financial advisor - none of the above video is meant to be taken as investment advice. I am just showcasing MY own strategy and my investments should not be tried and duplicated based solely off the information in this video for risk of losing money.

[allyvyne]

I'm new to Webull so I looked at 4 videos and none of them got to the point. You actually took the tutorial step by step and highlighted areas so we can see what you were doing. This was hands down the BEST video. Thank you!

[blessingpaul]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[Kiwi-iukv]

I learned more from this 15 minute video than a 2 hour video. Thanks a ton

[TenTonNuke]

The good news is you successfully taught me how to trade options.

The bad news is you successfully taught me how to trade options..

[charliet]

Finally someone that goes straight to the point and makes it easy to understand. New follower and subscriber right here. Legend!!!

[OfficialPhazeMusic]

Bro ALEX??? get out of town! What a small world. I was just watching ur video learning how to do a diagonal palm shift now I’m learning options from you? I love it

[RandomishMC]

Great video! Thanks for going into all the details! I rarely comment on videos (this is probably like my second comment in 15 years of using YouTube) but you deserve all the praise!

[risktakerradio]

Great explanation dude! Finally understanding a lot more about options being introduced using your videos.

[Cloud_Ops]

This is is the best learning video I have seen so far...Thank you, Keep adding more...

[joyboy]

thank you so much bro, u did an amazing brilliant job simplyfying for us beginners on how to trade options and how to properly use the app correctly .

[jacksonchristmas]

Thank you for the quick intro and getting into the content. You don’t see that a lot… great informational video, thank you!!

[WilliamGreen-tcsu]

Your breakdown was so simple. I thank you for your simple teaching method!!! I had no knowledge of this subject.

[mellymell]

By FAR the BEST person to get understanding from.. Thanks!👑

[pitohead]

Amazing information. You made it easy to understand, Ill be joining your patreon soon . thank you.

[robc]

Best 'explanation' of how to trade stocks on Webull PERIOD. Thumbs Up! A SERIOUS REFERENCE for ME.

[clarkse]

Very good video short and to the point learned alot and you have a new subscriber

[Livingthebetterlife]

This was so well broken down thank u! ❤

[HelloWorld-fgnm]

Great video. Could you do a video about technical analysis? I've never used BOL and only used MACD or RSI... I didn't know you were supposed to use BOL for iron condors lol

[maryallisonmusic]

You are so fantastic at explaining this ! Thank you!

[jjvsqz]

Your awesome! You really made this easier for me, Thank you!!