TIP395: Option Strategies and Building a Billion Dollar Business w/ Tom Sosnoff

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 12 November 2021

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:

01:47 - Tom’s billion-dollar entrepreneurial journey.
19:12 - How to identify companies with high implied volatility and expected return and what that means.
20:12 - How layering options on top of buy and hold strategies can help generate income whether markets are up, down, or sideways.
31:54 - The optimal time to buy and sell an option.
And a whole lot more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

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Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to TI-P.
0:03.2	On today's episode, we are exploring options strategies and how to incorporate them into
0:07.6	your investing arsenal with Tom Sazinoff.
0:11.1	Tom began his career as an options trader and went on to co-found Thinkor Swim, a trading
0:15.7	platform that was sold to TD Ameritrade for over $600 million.
0:19.6	But he didn't stop there.
0:20.6	He then created TastyTrade, a media company with shows focused on educating investors about
0:25.3	options and he recently sold TastyTrade for a whopping $1 billion.
0:29.7	All while making hundreds of trades per day in his own personal account.
0:33.2	In this episode, we discuss Tom's billion dollar entrepreneurial journey, the appeal of
0:37.4	options and how strategies that actually limit your profitability actually increase your
0:42.1	probability of success.
0:43.9	How to identify companies with high implied volatility and expected return and what that
0:48.8	means.
0:49.8	How layering options on top of buy and hold strategies can help generate income whether
0:54.0	markets are up, down or sideways, the optimal times to buy and sell an option and a whole
0:59.0	lot more.
1:00.0	While this discussion is focused more on trading as opposed to investing, it's a very interesting
1:04.6	new perspective to bring to the discussion.
1:06.8	So without further ado, please enjoy learning about options from the incredibly accomplished
1:10.8	Tom Sazinoff.
1:12.8	You are listening to the Investors Podcast.
	...

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