Straight Into Options

Join hosts @drippy2hard + @swingpony as they navigate the market through trading stories, strategies and lessons learned along the way.

13 Episodes

Market Chatter + Selling Options
7/31/2022
35:59
We all know bear markets have bear market rallies, but that doesn't mean our biases don't get in the way of trading them sometimes. We discuss the market's hot streak despite the macro outlook and discuss Drippy's new strategy when it comes to selling options on this week's episode of Straight Into Options. • Market chatter: FOMC, earnings, core PCE and more• Rallying back into the chop box• Eliminating day-to-day bias based on macro outlook• Selling options and collecting premiumAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
5 Ways to Stop Overtrading
7/17/2022
41:18
Chances are... if you're overtrading, you're not being selective about your setups. Instead you're probably wasting mental capital, giving back gains, and hyper fixating on the screens. Overtrading is one of the BIGGEST issues most traders, including ourselves, deal with. So what are some ways to interrupt that pattern? We discuss all this and more on this week's episode of Straight Into Options: 5 Ways to Stop Overtrading.• Market chatter: CPI / OPEX price action, navigating a tough market, hot week of earnings with $NFLX, $TSLA + more• Importance of building self trust by following rules• 5 ways to stop overtrading• Overstimulation via FinTwit, Discord and charting platformsAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
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How to Choose Strike Price & Expiration
7/10/2022
46:23
There's no shortage of things to consider when choosing the right strike price and expiration, and a lot of it comes down to your personal trading style and risk-reward appetite. We discuss best practices, tools, tips & tricks to help you on this week's episode of Straight Into Options: How to Choose Strike Price & Expiration.• Market chatter: CPI report, Elon Musk Twitter Deal• 4 things to consider: how the stock moves, time frame, desired risk-reward and liquidity• How to use Unusual Whales as a tool when picking strike price + expry• $SPX cheap fills and low ball bidsAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
Dealing with a Case of ROMO [Regret of Missing Out on $SPY's Break to the Downside]
6/19/2022
35:18
After 8 days of consolidation, and a highly anticipated move in either direction - both of us missed the big break on $SPY. On this episode of Straight Into Options we discuss 'ROMO' - the regret of missing out, and some of the signs we overlooked that pointed to more bearishness.• $SPY's big break out of the consolidation chop box• The feeling of missing out on a move you were anticipating• Tunnel vision on smaller time frames• Not being psychologically prepared for the move before CPI• Bearish flow and other signs that signaled more downside• What happens next? Are you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
The Trading Mindset Hack: How to Protect + Boost Your Mental Capital
6/5/2022
46:21
When it comes to making money, mindset matters. Have you ever come close to trading burnout? We discuss all the different ways you can boost and protect your mental capital, both in and out of the market. Join us for this week's episode: The Trading Mindset Hack. • Market chatter: Elon Musk emails, CPI data + triple witching• Why YOU vs. YOU is the only competition• Never letting a green day turn into a red one• Easy ways to cut screen time and reduce trading hours• Building trust and rewarding yourself when you play by the rules• Embracing a marathon mindset• Finding joy and a sense of purpose outside of tradingAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
Building a Trading Plan
5/29/2022
32:40
Plan your trade and trade your plan. Whether you're coming up with a trading plan for the first time, or need to finesse your current one - we dive into some of the most key components to consider when building a solid plan. Building conviction, time frames, position sizes... all this and more on this week's episode of Straight Into Options: • Why it's critical to have a trading plan for consistency• Reducing grey areas and executing objectively• Should you define a daily goal or max loss?• Research, goals, sizing, setups, stop lossses + moreAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
State of the Market: A Macro Overview of What's Affecting the Markets
5/22/2022
35:27
After 7 weekly red candles in a row for the first time since 2001.. we decided to dedicate this whole episode to the State of the Market. Join us as we dive into the perfect storm of macro economic events that have led us here, and why we think right now isn't the time to try to pick a bottom. All this and more on this week's episode of Straight Into Options: The State of the Market.• OPEX week price action• Taking 3900 $SPX calls from .2 to 5 (25x) using $VIX and Unusual Whales options flow• 7 weekly red candles in a row for the first time since 2001• $WMT and $TGT get crushed after earnings• The perfect storm of macro events• Inflation, food shortages, cost of living, rising fuel costs + moreAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
Trading $SPY vs. $SPX
5/15/2022
42:43
You've seen $SPX all over your feed these days... but what the heck is the difference between trading $SPY and $SPX? We explain the key differences and provide a low risk / high reward strategy you can use for HUGE profit potential. All this and more on this week's episode of Straight Into Options: Trading $SPY vs. $SPX • SAGS (Small Account Growth Strategy) update• The paradoxes of trading• Market chatter: USD hits 20YR high, $LUNA destruction, food shortages + a second term for our memelord JPow• $SPY and $SPX differences: 0DTE options, premiums, tax benefits, and spreads• Low risk / high reward strategy for HUGE profit potential on $SPXAre you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
How to 0DTE Responsibly
5/8/2022
36:08
How much size do I take? Do I go ITM or OTM? When do I enter? When do I lock profits? How can I maximize gains AND manage risk? We answer all of this and more in this week's episode of Straight Into Options: How to 0DTE Responsibly. • Trading less + making more money• Market chatter: FOMC pump and dump• Importance of knowing your personality• What are 0DTEs and why are they so appealing?• 6 tips for trading 0DTEs responsibly• Next week's CPI report Are you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube
When to Average Down vs. Cut a Position
4/30/2022
33:50
You vote, we listen! On this episode of Straight Into Options we recap our trading week and discuss the topic you voted for: When to Average Down vs. Cut a Position. • Swing Pony's mental break from trading• Market chatter: $AMZN / $AAPL earnings, FOMC + macro outlook• The THREE trading outcomes• Why averaging down is a losing strategy• The benefits of cutting a position• Hedging + buying time• When is it ok to Dollar Cost Average?Are you interested in an Options for Dummies workshop?Fill out this form and let us know.Follow us on Twitter:Educational resources, silly memes, and trade ideas... oh my!@Str8IntoOptions@drippy2hard@SwingPonySubscribe to our YouTube Channel:YouTube

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Straight Into Options

Straight Into Options

13 Episodes

Market Chatter + Selling Options

5 Ways to Stop Overtrading

How to Choose Strike Price & Expiration

Dealing with a Case of ROMO [Regret of Missing Out on $SPY's Break to the Downside]

The Trading Mindset Hack: How to Protect + Boost Your Mental Capital

Building a Trading Plan

State of the Market: A Macro Overview of What's Affecting the Markets

Trading $SPY vs. $SPX

How to 0DTE Responsibly

When to Average Down vs. Cut a Position