 Hey traders, this is T Bradley 90 from the my investing club chat I'm one of the top mentors and moderators in chat as a special gift to our viewers on YouTube We have created a free two-hour course to help teach you how to start a consistently profitable trading business and identify high-paying setups in just 30 days There will be limited seating every week. So register for the course and reserve your spot now Using the link in the description as a special bonus for everyone that watches the entire video We will give you the link to a free 10-hour additional mini course that has never been released to the public Register now before all slots completely fill up This week we have a very special video for you guys as one of our consistently profitable Members wanted to give back to the community by creating a free Options course for our members and while this is just a preview of the full link video If you want to watch the full length or any of our exclusive content that become a member of MIC Hello, welcome back. This is John aka wildlife and MIC chat. This is the second of the option basic series that I'm working on Just a quick review we briefly in the first one we touched on what our options how our options used The two types of options we talked about calls or puts, you know, obviously, there's a writer and there's a seller on each side expiration and I believe that was basically the main topics that we kind of discussed So we're going to continue on on some of the other things that I believe are important to understand when Trading options, so we'll get right into it one of the things that a lot of times You might see is the option strings. So this to the left This is a tasty works I have a couple different brokers that I use to trade options with tasty works is a really easy one It's geared towards Trading options actually it's the same folks that created thinkorswim. Anyway, so this is an option string That's what this is and then sometimes you'll see a kind of a string of characters. That's this one right here So it may look confusing when you first look at it, but it is Giving you what option What what symbol what year what month what day whether color put or what strike? So I just what I did is I broke down each piece So in color so you can see option symbols in yellow. So this is the string that usually you'll see You know typed or written and over to the right. I've broken out by color So in this case the first the symbol is right here SPY. So that's going to be a The spider S&P 500 ETF and that's what's pulled up over here as well. So this trades options You can actually buy this ETF just straight like it just like any other stock or ETF but in this case what I'm showing you is an option string and Like we talked about they have weekly so you can see there's quite a few This one has ones that expire on Monday Wednesday Friday and so forth And then they have these are all weeklies the Q stands for quarterlies And then these are just the standard ones the third Friday of every month that we talked about So anyway, so kind of going through so the SPY is this ticker symbol the next two digits is going to be the year So in this case 19 notes that it's 2019 The month so 10 is October the day. This is the day that expires This one in this case would be this one right here. So if I click on it it expands So that's what we kind of that's what we see right here down below Took some screen snips, but that's how you do it So it expands down to that is the 18th and the C stands for in this case. It's a call So if you saw P here, that would be the same thing. It'd be the S S and P 500 the 2019 October 18th put for 300 and so if I click on that this this one would be so here's the call side right here over here And then the put side would be over here. So Just delete those Okay, so that's kind of the basics actually, you know option convention that they use to Note which option you're looking at things like that. So if you have any questions feel free to DM me But that's kind of the basics different platforms will have them differently So most of them you'll type in the ticker and they would you know on the side? They might have a tab they might have Something that says option string you'd click on the string and like I said this case Tasty works is really geared towards trading options and I have a set up that way So as soon as I type in the tip where it takes me right to the option string They call this a table view. It's kind of my opinion the easiest one to look at So that's this this snip that I took here. I had it so that way you guys could see it and Yeah, so let me I think I mentioned this before The founders of tasty works tasty trade, they're both the same they're saying come similar to their separate companies But same folks are behind it Tom's Sognoff and Scott shared and they're the two founders that created thinkorswim They sold the fertility to meritrade then they started tasty trade They had a non-compete and then when that ran out they launched tasty works, which is the actual trading platform Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about M. I see joining M. I see maybe you're a member already You have three ways to contact myself personally and through M. I see you can hit our social media You can hit me through pms in chat or you can contact us through my email at Tosh at my investing club calm That's TOS H at my investing club calm I will get back to you in a timely manner and I'm saying this because I'm here to help and I don't want anybody to be Afraid to reach out and ask any question that they have. We are here for you guys. All right. See you guys