Today we'll learn how to buy and sell options within the thinkorswim website, also known as TOS Web.
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Trading Journal (Work in progress)👇
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TradingView (Best charts in the game)
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Tastyworks (Great for options traders)
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Webull (UP TO 12 FREE STOCKS)
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ThinkorSwim is an incredibly powerful trading platform filled with tools, features, and customizations. All of these trading tools are incredibly useful, but can also be prove overwhelming for those brand new to investing.
Recently, thinkorswim has come out with a web based platform called thinkorswim web. This platform is far simpler to learn, while still maintaining all the most important aspects of the thinkorswim desktop.
Today we'll be diving into the trade.thinkorswim.com website to learn how to buy and sell options contracts, manage open positions, and create more advanced orders.
Timestamps
0:00 Intro
0:27 How to access thinkorswim web
0:47 ToS website navigation
3:14 Option chain explained
4:51 How to view more options strikes
6:10 How to edit options info
7:38 How to buy call option
11:08 How to close call option
12:10 How to buy put option
13:51 Take profit and stop loss
15: 57 Outro
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