Free Resources | Mr Then Consulting
Free Resources 

Below are some free videos from youtube I've watched and that have helped me learn drop the L and earn.

I do not own any of these videos and am not being paid to promote any of them. Please watch them and if you have a question you should always consult a professional.

Options Strategies

Bullish/Going Up

If your directional assumption is bullish on the stock's direction

Neutruel

If your directional assumption is neutral on the stock's direction

Low IV

 

PASS

Sometimes the best trade is NO trade at all. If IV is low and you are neutral on the stock then your best option is to "pass" on this trade and move onto another trade.

If your directional assumption is bearish on the stock's direction

Bearish/Going 

Down

Step #1 Market Assumption

The first step to finding the right strategy is to figure out what your market assumption of the stock is; are you bullish, bearish, or neutral?

Step #2 Implied Volatility

The next step is to find the current level of IV and determine the current IV rank percentile. Is volatility above or below the 50th percentile? 

Step #3 Choose

Strategy

The final step is to choose a strategy from the grids above that fits that particular stock situation and your personal portfolio.