Looking for the best options trading YouTube channels? Trading options successfully typically takes research, patience and strategic thinking, as well as the ability to take appropriate risks based on your market view. Although options are sometimes mistakenly considered riskier than short or long positions in the underlying asset, long option positions actually have a reduced risk profile.
While learning to trade options doesn’t come naturally, a considerable amount of educational information about options is available for free on the internet. You can read this Benzinga article aimed at beginners on how to trade options.
You can also learn about various aspects of options trading via YouTube videos without paying a penny, and additional options-related content may soon be available on YouTube Shorts. It’s still important to select high-quality YouTube channels to watch to make sure you get the best information given the amount of time you have available to watch videos. Check out Benzinga’s picks for the best options trading YouTube channels below.
Quick Look at the Best Options Trading YouTube Channels:
- Benzinga
- Option Alpha
- tastytrade
- Sky View Trading
- InTheMoney
1. Best for Experienced Options Traders: Benzinga
Benzinga’s YouTube channel, known as BenzingaTV, covers a wide range of financial topics, including options. Other Benzinga YouTube channels include Benzinga Clips and Benzinga Events.
Benzinga’s YouTube video channels feature several top market personalities and give options traders a wealth of important information on stock options, as well as on the anticipated future direction of listed stocks. Once you know how to trade options, you can apply these strategies to trading many of the stocks mentioned on Benzinga’s YouTube channels because most active stocks have listed options available.
Even better, you can watch Benzinga’s excellent information-packed YouTube channels throughout the trading day to gain insights into trading while the market is open. In addition to great options trading videos, you can find links to Benzinga’s free market newsletters that give you significant information on various market activities. These include:
- Pre-Market Activity
- Special Purpose Acquisition Companies (SPACs)
- Market in 5 Minutes
- Cannabis Insider
- Fintech Focus
- Crypto
Examples of the options trading content on Benzinga’s YouTube channels include informative videos from Nic Chahine and Masi Trades, who are both well-respected options traders.
Stock options traders can also benefit considerably from Benzinga’s live Benzinga PreMarket Prep talkshow that airs every weekday from 8 a.m. until 9 a.m. EST. The show is currently hosted by market professionals Dennis Dick and Joel Elconin, and it gives significant insights into the stock market and individual stocks.
- Subscribers: 92.3K+
- Views: 6,442,197+
2. Best for Beginning Options Traders: Option Alpha
Option Alpha’s mission consists of providing “the most comprehensive options trading and investment education available anywhere, free of charge.” The channel features three unique playlists on options for traders at increasingly higher levels of expertise.
The three playlists consist of their Options Trading for Beginners, an Intermediate playlist and an Advanced playlist. The three playlists include in-depth videos on options strategies designed to make you a better options trader. If you’ve never traded options, then watching the Option Alpha YouTube videos could be a very good place to start.
- Subscribers: 229K
- Views: 21,877,717
3. Best for Futures Options: tastytrade
Tastytrade’s financial network produces 8 hours of live programming every weekday from 7 a.m. until 3 p.m. CST. Founded by Tom Sosnoff, a veteran options trader from the Chicago Board Options Exchange (CBOE), tastytrade’s YouTube channel provides excellent live videos, as well as educational videos with options as a central theme.
The tastytrade channel also hosts an excellent program called tradeTALK, which consists of a speaker series featuring top options traders like Tom Sosnoff, Mike Hart, Katie McGarrigle, Mike Butler and Pete Mulmat.
In addition to covering stock options, tastytrade’s videos discuss an extensive number of trading strategies involving options on futures and indices. If you’re looking to trade options on futures, then tastytrade would be an excellent YouTube channel to subscribe to.
- Subscribers: 232K
- Views: 28,490,092
4. Best for Intermediate Trading Strategies: Sky View Trading
For options traders looking for advanced options strategy videos, Sky View Trading claims to have proven methods for making money consistently with its options strategies. Its YouTube channel has an extensive offering of relevant videos. The channel also features options strategies designed for different account sizes and traders of various experience levels.
If you want to expand your use of options, Sky View Trading’s channel has a tutorial series on a wide range of options topics, such as options spread trading, options trading for beginners and using the popular thinkorswim trading platform.
The channel also has other useful videos geared toward options trading. For example, some videos discuss how to generate income using options, psychological trading mistakes, and how and when to use an Iron Condor strategy.
- Subscribers: 354K
- Views: 15,192,992
5. Best for Options Education: InTheMoney
Started in 2018 by a young stock and options trader named Adam, the InTheMoney YouTube channel already has almost 320,000 subscribers and over 14 million views. The channel provides educational videos that range from easy options strategies for beginners to more complex strategies that seasoned professionals can use.
The channel also features tutorials on how to trade options on platforms like Robinhood and Webull. Other options-related topics you can check out on the channel include implied volatility, how to roll options and long-term equity anticipation securities (LEAPS), which are listed options with expirations longer than one year.
You can also watch live feeds featuring Adam trading live and other important live streams, such as the House Committee on Financial Services hearings on GameStop. This channel seems ideal for younger and less experienced options traders looking to watch educational material online since it offers a wealth of information on options and how to trade them.
- Subscribers: 319K
- Views: 14,108,180
Learn Options Trading
If you’re new to options, then it makes sense to take some time to understand how options work and how best to incorporate options into your trading plan. A number of common strategies exist that options traders learn to use selectively depending on their market view.
Although learning times vary among individuals, you should plan on spending a couple of months covering the ins and outs of options before starting to trade them actively and developing complex options strategies. In the meantime, you can try out a few simple strategies like buying an option or selling a covered call option against an underlying long position once you understand the risks involved.
Fortunately, just about any basic question you might have about options trading can be answered by watching a YouTube video. Just make sure you get the answers you need from reputable expert sources like those who operate the channels mentioned above.
If you find a particular educator you like on YouTube, you can even check out their website in case they offer a full options trading course you can pay to take. You can also take a formal online course on options trading strategies at educational establishments like Loyola University. Getting that sort of more structured education should give you the confidence and expertise you need to start trading options strategically and appropriately.
Best Online Options Platforms
A number of online option trading platforms exist that you can use to execute option transactions. The table below lists various option platforms Benzinga has vetted for their features and available markets.
- Best For:Inexpensive Options TradingVIEW PROS & CONS:securely through Tradier's website
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
- Best For:Global Broker for Short SellingVIEW PROS & CONS:securely through TradeZero's website
Does Trading Options Make Sense for You?
While many financial market traders do not use options, they could be a useful derivative financial product for you to learn about and use, especially if you ever have a more complicated view on a market than that it will simply rise or fall.
Options strategies can also provide income and limit your downside risk. They can also give you various creative ways to encapsulate a strategic market view or hedge an underlying exposure.
Keep in mind that options contracts have an expiration date, so that needs to be taken into account when deciding what option series or expiration date to trade. Because you can lose your entire premium paid for a long option position if it ends up “out of the money” at expiration, for example, make sure you choose an option with a long enough time to expiration to allow the move you are expecting to occur.
Frequently Asked Questions
Can YouTube be used as a learning tool?
Definitely. Watching YouTube videos featuring experienced options traders and educators can substantially improve your options trading expertise.
What is the best content for YouTube Options Trading for beginners?
Several of the top YouTube channels mentioned above cater to options trading novices. Check out them all to find the one that suits you best.
What are the best options trading YouTube channels?
Benzinga offers a list of the best trading options YouTube channels above.
About Luke Jacobi
Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. With a keen understanding of the financial industry and a commitment to driving innovation, Luke continues to make significant contributions to Benzinga’s mission of providing high-quality financial news and analysis.