The ONLY #1 Options Strategy You May Need with Tom Sosnoff

👉🏻💥 CONNECT WITH ME:

Join two options legends, Tom Sosnoff (CEO of tastylive) and Brian Overby (Senior Options Strategist at OptionsPlay), as they dive into their #1 options strategy with best practices for today’s market. Learn firsthand how they approach order entry and exit with a recent example of their trading. If you’re looking to sharpen your trading skills, this is a must-attend event!

What You’ll Learn:
• The evolution of the options industry over the past 20+ years.
• Tom and Brian’s #1 options strategy and how they use it in their own portfolios.
• Real example of recent trades, complete with actionable tips for improving your entry and exit timing.

**Become an OptionsPlay member to get unlimited access to all our educational recordings and easy-to-follow slides!
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Disclaimer: OptionsPlay LLC is not registered as a securities broker-dealer or advisor either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. OptionsPlay does not recommend the purchase of any stock, ETF, or advise on the suitability of any trade. The information and data contained in OptionsPlay was obtained from sources believed to be reliable, but accuracy is not guaranteed. Neither the information nor any opinion expressed, constitutes a recommendation to purchase or sell a security or to provide investment advice.

Disclosure: tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with OPTIONSPLAY (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade.

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#optionstrading #technicalanalysis #technicalindicators

[alphabeta]

19:00 #1 options strategy-premium (strangle) seller
25:00 *Sell 45 DTE, manage at 21 DTE (sweet spot of the decay curve)*
35:45 October weakness
44:00 TSLA example, delta neutral strangle
52:30 Trading with a 50k account
56:50 CVAR

[LoumaWuske]

Bullish or bearish, AI stocks will still dominate 2025, even beyond. Why I prefer NVIDIA is that they are better placed to maintain long-term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[Mark-efpi]

For options, I'm finding this channel probably the best on YouTube, no gimmicks or unrealistic promises, great strategies, great explanations.

[Yt-user]

13:20 than you for acknowledging the sentiment. The fear in this bull market is palpable & everyone is holding their breath for a black swan —except that BLS & official sources painting a rosy picture & outlets like Yahoo! Finance gaslighting us that this economic house of cards propped up by 6 big companies is “stronger than ever.”

The consumer would beg to differ & smart investors know the whole thing is running on fumes. Thank you for your honest perspective.

[TylerBeckert]

Amazing video, thanks guys! I am 1 year into options have been learning from Tom and crew the whole time. I’ve been going hard on the 45/21 strangles and great to hear it all summarized like this.

[virajdance]

*Timestamps:* A. Intro/Background | B. Mkt Envrnmnt Oddities | C. Fav Strategy w/ Entry/Exit Procedure
04:10 *Tom's Intro:* mkt maker, ToS + TastyTrade, software & content dev; Aside: 06:00 Brian at OptionsPlanet split education from brokerage
07:28 *Brian's Intro:* options educator
09:15 *Industry changes:* 75% of brokerage transactions are derivatives, not stocks = importance of capital efficiency; trading groups (options traders want conversations)
12:25 *B. Market outlook:* new all-time highs w/ unusually high protection w/ VIX above 20 (vs mid teens normally)
16:40 *Upcoming election:* //Brian// mkt waiting for speed bumps to be cleared then bullish
18:50 *C. Fav Strategy w/ Entry/Exit:*
*Tom:* 75%:25% undefined risk:defined risk trades; 100 trades/day, as mostly high-volatility (high IVR), short strangles just outside expected move (45 DTE, 20 Delta); various underlyings (stocks, etfs, futures) but not VIX, biotechs; small bet size with diverse holdings; trades smaller, more frequently, direction-ambivalent. Mgmt: by 21DTE (by 1/2way to exprtn) or 50% profit target.
31:30 *Brian:* trades high volatility underlyings w/ directional bias. 32:40 *skip-strike butterfly:* embedded call-spread that pays for butterfly--more credit builds safety buffer; long spread wider than short spread (if VIX upspikes, you're safe). Adjustments: long spread to butterfly to short spread.
35:45 *Why Sept/Oct bearish seasonality:* Apr/May is worse;
//Brian's adjustments: shorter term 5-18d (VIX monthly exprtn on ea 3rd Wed );
41:00 *Brian's mgmt:* ex. bearish put butterfly, mkt goes against (up), sell most expensive contract and roll to least costly contract to follow trend, net credit to acct, follow with trend.
43:45 *Tom's trading example screenshare:* TSLA, NVDA are most traded stocks; huge liquidity, high volume, high IV (70% = avg daily move of 3.5%), expected move (above avg); binary event (high premium); pricing skew to upside vs downside; delta neutral trade w/ 2 different strangles; CVAR shows worst-case 5% risk; high PoP (82%).
53:00 *example for small $50k acct:*
54:50 *efficient pricing of options:* risk:reward = Prob of Profit
57:55 *Close out call to action*

[john_robertson_real_estate]

WOW, after all these years and all the Tastytrade videos I have watched, I finally get to hear what Tom's go to trade is! I suspected it was mostly short strangles, but he finally said it! Thank you.

[gabrielepaciocco]

The most educational Options stuff on the internet. Amazing

[LMF-ctlt]

you need to read your comments and shut down the comment trolls advertising for nonexistent gurus.

[DarrellJames-ri]

Hey Tony, Tom, and Brian. Darrell a Tastytrader from St. Louis.

[annyleontine]

I’m new to the game and love it on paper trading and hope to apply my strategy soon

[zaklloyd]

Love your shows, Tony.
Do you trade crypto? Would love to see some BTC or ETH options featured in a show!

[tomse]

Great stuff, thanks! 👍 Probably one of the most important takeaways for new traders: Even a Pro like Tom tells us he is not better in guessing direction than you and me... So this is not the best way to earn money 🤓 thx

[jangchunakate]

Always give us good stuff 👍 Thank you!

[Zachyarry]

The market has been unfavorable for months even after applying numerous strategies I keep losing my money selling-off during dips, It’s a bad psychological position to be in, and I’m afraid to hold anything right now. What kind of trading plan can I use to avoid losses? How are you guys still making money? I’m down 55k this week, and it’s so overwhelming 😢😭😭.

[johnohara]

Tony, why dont you get a decent microphone? It always sounds like you using an old Radio Shack model. Either youre mike is bad or maybe youre phoning it in from Indonesia.

[stephaniecummings]

I would love for you to make the speaker bigger and ditch the stock image

[leona]

In another video nine months ago, Tom pointed out that on a 7-year backtest on SPY, QQQ, and IWM, they noticed that picking a side has a better outcome than trying to be neutral with a strangle. His delta 0.05 strategy, 170 put & 350 call shorts would work out if held to expiration but be negative if exit in 21 days.

[QuintonBansal]

Thank you for publishing this! Hoping for some advice: My TRX Wallet contains some TRX 20 USDT, and I know the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. How should I go about moving them to OKX Exchange?

[tboughnou]

Can I place a basic buy call with automatic stops?