The Trade Blondie Podcast Show

Taylor Swift's tickets to her upcoming Era's tour went on sale last week and the world has lost their ever-living-minds about it! It all started when Ticketmaster opened up a "Verified Fan's Only" pre-sale event, which limited the number of people that could purchase tickets. Millions of people were left waiting on the sidelines to purchase, only to find out that the general public sale would never end up happening.

Frustrated fans across the nation have taken to the internet to voice their distaste for not only Ticketmaster, for being a huge monopoloy in the ticket industry, but also to Taylor Swift herself. Calling her out for being a "capitalist" and not address the issue of her tickets being resold for a higher price than she originally priced them to be.

Now I have the unpopular opinion here... I believe in free markets and if someone wants to buy something from me, for a price that benefits me, there should be nothing in the way of that transaction taking place. It baffles me a bit that I do not share this opinion with most. 

In today's episode, I play clips from other Tiktok-ers expressing their opinion about all this Taylor Swift drama. I also talk about the past trendy food desserts over the last few years, can you guess what it is this year? I'm looking at you Crumbl cookie.... and I also tie in how this all relates to the face-mask shortage in 2020.

We have Adam Smith, the Father of Economics to thank for all this, and more! I hope you enjoy today's episode.

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If you have questions regarding today's episode, or any option questions in general, reach out to me at [email protected]!

Click here to open up your own TastyWorks Trading Platform

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Tiktok usernames from the clips in the episode:

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Link to the youtube video that I referenced in this episode: The Invisible Hand- Full Video

In today's episode we are going to talk about how randomness isn't as random as you would guess... for example -did you know how we move about our daily lives is actually pretty predictable, even if we think we are an individual making our own choices?

And today we dive into Bedford's Law and how it's used to catch tax cheats. The secret..... it's all about the number ONE baby!!

As soon as I figure out how to upload a spreadsheet so the public can see it, I will attach my data from the population of Arkansas! So come back and check it out.

If you have questions regarding today's episode, or any option questions in general, reach out to me at [email protected]!

Click here to open up your own TastyWorks Trading Platform

What does a $300,000 McDonald's Happy Meal Toy listing on Ebay have to do with the stock market???.... believe it or not, a lot

In today's episode I talk about what the "bid" price is and the "ask" price is of an option contract and how looking at these two prices is a great way to quickly determine if a product is LIQUID or not. Impress your friends with the knowledge you learned today!

If you like to read the CNBC article yourself, it is linked here!

If you have questions regarding today's episode, or any option questions in general, reach out to me at [email protected]!

Click here to open up your own TastyWorks Trading Platform

The Scary Reality of Taking Assignment in a Calendar Spread- it turned out to not be so scary. Fortunately enough, I had the second part of the trade to balance out the trade.

Today's episode is all about Calendar Spreads! When is a good time to place a calendar spread? When is a good time to take them off? What happens when you take early assignment? All this, and more will be answered in today's show.

If you have questions regarding today's episode, or any option questions in general, reach out to me at [email protected]!

Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

This past weekend, I had a run-in with another stock trader on tiktok who was convinced that options contracts have "no intrinsic value". When I asked him if he wanted to like debate me on that topic, he turned down my request. So I decided to create a podcast episode all about intrinsic value just for him (and for you of course!)

Before I started trading, I too often wondered where the prices of options came from. Why does one product that costs $30 have option contracts that are trading at $1, and another $30 product with option contracts trading for $5?! It didn't make any sense to me! That is until I learned about intrinsic and extrinsic values.

Extrinsic value is made up of two things: (1) time remaining in an option contract and (2) implied volatility (aka "uneasiness in price")

When it comes to Intrinsic value, any option contract that is OTM (out of the money) has ZERO intrinsic value. However, if the option contract is ITM (in the money), that contract does in fact have intrinsic value! 

How do you passively aggressively say "I told you so" on the internet? With a podcast episode of course!!

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If you have questions regarding today's episode, or any option questions in general, reach out to me at [email protected]!

Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

In today's episode I go through my portfolio and discuss all my current positions and I also explain why option trading is so much better than traditional stock trading.

7:00 min- is when I get into today's topic where I discuss stocks vs. options.

The biggest take-away I want you to go home with is when trading stocks, you are trying to answer the question "where do I think the stock will go?" and when you trade options, you change your mindset to thinking "where do I think the stock won't go?"

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If you have questions regarding today's episode, or any option questions in general, reach out to me at [email protected]!

Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

Watch Bill Poulos's video here

From time to time, you'll find me jumping into Tiktok's live "stock-tok" streams and helping answer peoples questions. In this episode I talk about how I got called a "scammer" and how it made me laugh.

I also talk about one of the many hats that DELTA wears. It is a powerful greek that can help your option trading TREMENDOUSLY!

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Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

What do you think wins baseball championships? Homeruns or single hits?? If you guessed single hits, you are 100% correct. Waiting around for those grand slams can get you caught in analysis paralysis, which will make you miss a lot of opportunities that could be sitting right in front of you.

My goal of today's episode is to provide you with a new way of thinking about trading and the stock market. It is so much better to be trading small and trading often and cashing in your trades once they have become winners, vs waiting around for them to be homerun winners. The probabilities just don't come up as often as you would think.

The other biggest take-away from this episode is to show you that making a 2% return on your money weekly, really starts to add up quickly. I had someone comment on a facebook answer I gave where I said that my goal on investing $15,000 was to make $300 a week and they responded by saying that was too little.

Well "too little" grows really fast when you can continuously produce those results week after week using the math of compounding interest!

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Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

List to Kent Sanders's podcast here

It's rough, it's raw, it's off the cuff, but it had to be done! It had to be said!!

Please forgive the HORRIBLE sound quality in today's episode, but I just had to press record and get my thoughts out in the open.

In today's episode I dive in deep with my thoughts about everything currently going on in the stock market. I cover everything from GameStop stock skyrocketing by the reddit users, the possibility of a conspiracy theory with the new administration, why my account was showing a huge loss when really all my positions are exactly where I want them to be, and why volatility matters SO MUCH in the pricing of options.

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Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

In today's episode, I use Bill Poulos's example for explaining what exactly a "call option" is and then apply it to a real time strategy using Disney Stock.

If you ever thought call options were complicated before, listen to today's episode where I dive in on both players of a contract and explain in detail what happens if the stock price stays the same, if the stock price goes up and if the stock price goes down!

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Click here to download my free Covered Call Calculator

Click here to open up your own TastyWorks Trading Platform

Watch Bill Poulos's video here