Wealth, Freedom & Options With Joshua Belanger

Calm down Bernie supporters. … I'm talking about Theta burn AKA time decay with options. Here's how it can work for or against you. For those that buy option premium betting on direction, this is like having a nail in your tire. Hopefully, you can get to your destination before the tire loses all its air. For those that sell option premium, this is one of the components that works in their favor. It's similar to having the wind in your sail. In the markets, you have to pick your spot and go. 99.9% of the time, you're going to have the trade you placed go against you. Think about it like this, a boxer going into a fight is confident he will win against his opponent, but knows he's going to get punched in the face. That's respecting you opponent and being realistic. When selling option premium, you will usually see the position go against you, but the thing most forgot about is that they still have the time decay of those options working in their favor. So while you're feeling the burn on a short opt