Rules of the Road: Betting on it

Hey Traders,

 

A little bit of a change this week on Option Pit Rules of the Road!

 

I’m going to show you how I build a trade and a trading plan using my B.E.T.S system … the same one that I use to power Sharp Bets.

 

Remember, B.E.T.S stands for 

 

        • Background (the story of the stock)
        • Energy (the volatility)
        • Timing (when the trade should be executed)
        • Strike (the best strike price)

And you can learn to use it as your edge, too. So …

 

Check out Episode 5 right here!

 

The idea for this series to me after years of watching so many people try to get started without knowing the most basic rules of trading …

 

Now, especially in today’s crazy market, I feel like some traders need to spend a little time going through the “Rules of the Road” when it comes to options.

Consider it a “Driver’s Ed” for options!

But remember, this isn’t just for new traders …

 

This series will also be a great reference tool if you ever need a little refresher — and feature cool stuff like we have this week!

 

So check out Episode 5 now

 

Then make sure to subscribe to the Option Pit YouTube channel and get ready for a new “Rules of the Road” to drop each Sunday.

 

Hope you enjoy it!

Your Only Option,



Mark Sebastian


Mark Sebastian

Mark Sebastian

Mark Sebastian is a former member of both the Chicago Board Options Exchange (CBOE) and the American Stock Exchange (AMEX), where he spent years mastering the art of options trading in the most competitive environment imaginable. As Chief Investment Officer at the hedge fund Karman Line Capital, Mark manages sophisticated options strategies for institutional clients. He is the author of two highly regarded books on options trading: ‘The Option Traders Hedge Fund’ and ‘Trading Options for Edge.’ Mark is a frequent guest on major financial networks including CNBC, Fox Business News, Bloomberg, and First Business News, where he provides expert commentary on market volatility and options strategies.

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About the Author

Mark Sebastian

Mark Sebastian

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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