Long Calls (Week 2 of 12) | Getting Started with Options

Getting Started with Options | Barbara Armstrong | 2-20-24
Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D

In this webcast, we discussed long calls or buying a call to open a position. We provided an overview of what it means to buy a call and what the potential risks and rewards are. An example trade was placed on the thinkorswim paperMoney platform. The trade included an OCO (one cancels other) exit at either a target or a stop.

What if you don’t have enough money to buy shares of a stock?  Is there any way to capitalize on the potential upward movement of the stock without having to purchase the shares?  In this first option strategy lesson learn the leverage, risks and potential returns associated with buying call options (aka long calls).
0823-3902

0:00 Intro & Welcome
4:36 Getting Started with Options Series Overview
6:42 Agenda
7:34 Overview of the Basics of Long Calls (Buying Calls)
14:30 Identifying Potential Candidates for Trading a Long Call
20:26 Example Trade
29:50 Using Theo Price Tool to Estimate How Much a Trade Might Make
40:31 How to Find the Getting Started with Options Series on Youtube.
41:45 How to Access the Upcoming Schwab Coaching Webcast Schedule
43:49 Recap & Summary

Options involve risks and are not suitable for all investors. Please read the Characteristics and Risks of Standardized Options carefully before trading.

To follow Barbara Armstrong on X: @BarbaraArmstrongCS

(Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy.):
1 MO: http://tos.mx/RyY3kRp
3 MO: http://tos.mx/O0nGkGY
6 MO: http://tos.mx/LTe5nkk

New to Options? Starting Here! Getting Started with Options: The Basics: https://www.youtube.com/live/yl1kLPGA...

Trading A Smaller Account: The Psychology of Trading, Position Sizing and Trade Management: https://www.youtube.com/live/4rZhakVQ...

Getting Started with Options series:    • Getting Started with Options | Schwab Coac...  

Trade Management Mini Sessions:    • Trade Management Mini Sessions | Schwab Co...  

Here's the link to the new Schwab coaching calendar: : https://www.schwab.com/schwab-coaching

Link to the Trader Talks Webcasts from Schwab Coaching on YouTube: https://www.youtube.com/@tradertalksw...

#barbaraarmstrong #TraderTalks #SchwabCoaching