A Smarter Long Call Options Strategy | How to Buy Calls on thinkorswim®

Video Description

Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document: https://bit.ly/2v9tH6D. With long calls, some option traders choose to swing for the fences every time, making pie-in-the-sky bets with high risk and high potential returns. That strategy could mean big wins when it works, but it could also bring a lot of strikeouts and big losses. We'll explain how to potentially dial back the risk a little bit for a "smarter way" to buy long calls. Schwab clients can log in and access the thinkorswim® platform here: https://www.schwab.com/getthinkorswim Not a Schwab client? Learn more about the thinkorswim® platform: https://www.schwab.com/thinkorswim Outline: 0:00-1:27 Introduction 1:28-3:07 What is a long call? 3:08-4:25 Long call greeks 4:26-8:45 Mistakes to avoid 8:46-15:49 The smarter approach 15:50-19:01 Exit rules 19:02-23:35 Managing your options trades Subscribe to our channel: https://bit.ly/SubscribeCharlesSchwab Check out more Insights & Education from Charles Schwab: https://www.schwab.com/learn Connect with Charles Schwab: Facebook: https://www.facebook.com/CharlesSchwab X: https://www.x.com/CharlesSchwab Open an account with Charles Schwab: https://www.schwab.com/open-an-account (0623-39AU)