A Smarter Long Call Options Strategy | How to Buy Calls on thinkorswim®

Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document: https://bit.ly/2v9tH6D.

With long calls, some option traders choose to swing for the fences every time, making pie-in-the-sky bets with high risk and high potential returns. That strategy could mean big wins when it works, but it could also bring a lot of strikeouts and big losses. We'll explain how to potentially dial back the risk a little bit for a "smarter way" to buy long calls.

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Outline:
0:00-1:27 Introduction
1:28-3:07 What is a long call?
3:08-4:25 Long call greeks
4:26-8:45 Mistakes to avoid
8:46-15:49 The smarter approach
15:50-19:01 Exit rules
19:02-23:35 Managing your options trades

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