Trading Options on Tastyworks for Beginners (Step-by-Step Tutorial)

Today we'll cover the basics on how to buy and sell options in the Tastyworks desktop platform. Options are an amazing tool and can be used in so many different ways. Whether it be generate income, hedge risk, or bet on direction. You can be as conservative or as insanely risky as you want, and everything in between. We’ll go over a quick introduction to what options are, a few of the most popular strategies out there, and how to actually trade them within Tastyworks. We'll specifically cover how to buy calls and puts, close open options trades, and how to customize the option chain.