Implied Volatility is one of the most crucial aspects of options trading. Being on the right side of Implied Volatility means the difference in a profitable an unprofitable options trade, without any respect to the underlying stock's price.
Don't Know Where to Start?
(can never be outdated + applies to every single options trade)
You need a broker that understands options trading in order to make these trades. TASTYWORKS is the broker I use and recommend
Options are not suitable for all investors as the special risks inherent to options trading my expose investors to potentially rapid and substantial losses. Options trading in a tastyworks account is subject to tastyworks’ review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.
tastyworks, Inc. (“tastyworks”) has entered into a Market Agreement with 10minutestocktrader.com (“Marketing Agent”) whereby tastyworks pays compensation to Marketing Agent to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastyworks and/or any of its affiliated companies. Neither tastyworks nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastyworks does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website.
*Free bonuses are from 10minutestocktrader.com, no additional bonuses are offered from Tastyworks. Bonuses include but are not limited to product downloads, free months of platinum services and physical goods. Documented proof of using the 10MINUTE referral code for a tastyworks account opening is required in order to redeem the free bonus offer.