Trading Options on Schwab for Beginners (Streetsmart Edge Tutorial)
Today we’ll be diving into the Schwab StreetSmart Edge trading platform to learn the basics of what options are and how to trade.
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Trading Journal (Work in progress)👇
https://traderlog.io/
TradingView (Best charts in the game)
https://www.tradingview.com/?aff_id=3...
Tastyworks (Great for options traders)
https://start.tastyworks.com/#/login?...
Webull (UP TO 12 FREE STOCKS)
https://a.webull.com/KJLaoiDnnHrFKovdOg
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Options are an amazing tool and can be used in so many different ways. Now, unfortunately, Schwab has made the process to trade them a bit more complicated than it needs to be. They’ve essentially decided to do things differently than everyone else, which means it’ll take a bit of time to learn their layout if you’re moving from a different platform.
Timestamps
0:00 Intro
0:45 Options Explained
2:31 Customizing Workspace
4:56 Option Chain Explained
8:28 Expand list of strikes
9:40 Adjust option info columns
11:22 How to buy call option
14:42 Option order types
19:51 How to cancel or edit order
20:36 How to buy put option
25:41 Outro
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