Stop Putting All Your Capital on One Trade. Here's the Smarter Way to Start.

New to options and not sure where to start? Tom Preston walks through the exact process live on the platform. No theory. Just the steps. Start with liquid ETFs on the watch list. Sort by liquidity first. Four stars means tight bid-ask spreads and lots of open interest. Then check the IVR. Anything above 30 is worth looking at for short premium. Go 29 days out. Not zero DTE. Not 64 days. The Goldilocks zone. Keep each position under $100 of risk. Build 15 to 20 of them. Total portfolio capital under $2,000. That way no single trade blows up your account. SPX naked puts require $145,000 in margin. That is not where you start. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Where to start when you open the platform for the first time 0:49 Go to liquid ETFs on the watch list 1:01 Sort by liquidity first: the star rating system explained 1:52 IVR explained: how high is too high and what to look for 2:39 Open EEM: 86 percent IVR and 4-star liquidity walkthrough 3:38 Go 29 days out: the Goldilocks expiration 4:14 Single point strikes for smaller accounts 4:46 Turning a naked put into a put vertical to reduce margin 5:46 EWZ the Brazilian ETF: a cheaper alternative 6:35 Why you should never start with SPX naked puts 7:32 Build 15 to 20 positions each risking less than $100 8:33 Total portfolio capital under $2,000 for full diversification 9:10 QQQ: $126 per position and easy to scale #OptionsForBeginners #OptionsTrading #TomPreston #tastylive #CherryBomb #ETFOptions #SmallAccount #OptionsEducation tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.