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How to Trade Options With Fidelity
The speaker discusses a trade with a risk-reward ratio of three to one, where they are risking about 3% of the stock price with a max gain of about 10% if the stock price goes up 16% in the next two months. They highlight the importance of assessing the odds of being right, which they estimate at 50-50 in this case. The trade is seen as making sense due to the favorable risk-reward ratio. The speaker suggests leveraging Fidelity for trading options, emphasizing the availability of clear information, live small classes, coaching sessions, educational resources, and user-friendly tools to facilitate options trading.