AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Stock Market Options Trading
117: 1DTE The Longest Trade of My Life
May 15, 2024
Explore the intriguing world of 1DTE trading, where strategies collide with psychological challenges. Discover the emotional rollercoaster of making trades that last just 24 hours, and how to navigate the pressures of market volatility. Gain insights into maintaining emotional discipline and adhering to strategies when the stakes are high. Plus, learn about practical resources for further developing your trading skills, including community connections and specialized masterclasses.
17:10
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The 1DTE options trading strategy leverages a belief in bullish market conditions for profitable short-term trades, emphasizing automated execution for efficiency.
- Emotional resilience is crucial in trading, as real-time market volatility can challenge predetermined strategies, requiring adaptability to psychological pressures.
Deep dives
Understanding 1DTE Options Trading
The episode discusses a specific trading strategy known as the one day to expiration (1DTE) option strategy, where traders sell put credit spreads just before expiration. The strategy hinges on the belief that market conditions, particularly when bullish, will allow the market to close higher the next day. This method resembles running a stock market insurance company, where the goal is to keep the premium received from selling these options. The speaker highlights the automated aspect of this trading approach, which simplifies decision-making based on preset criteria to execute trades efficiently.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode