MI079: Should YOU Trade Options? w/ Tom Sosnoff
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 10 February 2021
⏱️ 53 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. On today's show, I chat with Tom Sazanov to discuss the ins and outs of |
| 0:06.7 | options trading, how it works, some strategies for beginners, and its expected returns and risks. |
| 0:13.4 | Tom is a well-known entrepreneur and options trader. He was the founder of Thinker Swim, which he sold |
| 0:19.1 | to TD Ameritrade, and is now the founder of Tasty |
| 0:22.1 | Trade and Tasty Works, which he just recently, since we recorded this episode, sold for a |
| 0:27.7 | billion dollars. Back on episode seven, I talked with Kirk DePlussis about trading options for |
| 0:33.4 | beginners, and I received a lot of positive feedback from you guys about it. Still, to this day, |
| 0:38.8 | I get asked about options a lot on social media, so I thought I'd bring on one of the biggest |
| 0:43.4 | names in options trading to talk about it more. I hope you guys enjoy this conversation with |
| 0:48.5 | Tom Saznoff. You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert Leonard, interview successful entrepreneurs, business leaders and investors to help educate and inspire the millennial generation. |
| 1:07.9 | Hey, everyone, welcome back to the millennial investing podcast. As always, I'm your host, Robert |
| 1:16.6 | Leonard. And with me today, I'm super excited to have Tom Zaznav. Welcome to the show, Tom. |
| 1:21.4 | Thanks, Robert. Happy to be here. You have a background as an entrepreneur and as an investor, |
| 1:27.1 | which are two of the main topics that we cover here on the show. So I want to talk a bit about both of those throughout the episode today. But let's start from the beginning. Tell us a bit about yourself and how you got to where you are today. I'm not exactly sure how I got here, but I'm here. You know, it's funny you mentioned entrepreneur and investor. I guess I'm a |
| 1:44.3 | really good entrepreneur. I guess I'm a really lousy investor, but I've been in this business. I'm |
| 1:48.3 | kind of a junkie. So I've been in this business now for since I graduated college in basically |
| 1:54.9 | 1979, 1980. So it's been one industry for me for 40 years. Why would you say you're a lousy trader or investor? |
| 2:03.3 | I'm a good trader. I've been trading for 40 years, so I'm a survivor. I'm definitely past that test. |
| 2:09.5 | I said I'm a lousy investor. I'm not a good passive investor. I'm not a good judge of, I guess, |
| 2:14.3 | investments. I don't think I can, I can't focus that well on that kind of stuff. |
| 2:22.8 | So I have a soft spot in my heart because people, when I first got started, people gave me money to trade with and bet on me. |
| 2:25.3 | So I bet on a lot of people. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Investor's Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Investor's Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.