Advisors Option 65: A Little Volatility Goes A Long Way

Tricks of the Trade featuring Special Guest Co-Host: Jon Cherry, Head of U.S. Options, Northern Trust - Capital Markets. Looking back at the recent tariff-induced market volatility. We've seen violent selloff and equally violent rallies. What are your thought on the recent market volatility? How can options be implemented on behalf of clients in these types of markets? The Buzz: What do informed advisors need to know? The numbers from OCC are in for February - and they were good (surprise). U.S. options-based funds grow in number despite volatility lull: study, Reuters Office Hours: What is on your mind? Question from Ed Bankert - Debating on using covered calls or short puts. Which is better for a less experienced options trader who wants to make money? Comment from Tom -Let's be honest. If any of us had size bitcoin we would have sold out ages ago and probably be kicking ourselves right now. Question from JohnnyBananas -Quick question, if you buy a put option and the strike price is $5 and the stock drops to $3, is it still worth $ even if it's 3$ under - even though my strike price is 5$?? So if the stock price is $7 drop to 5(strike), but end up going to 3, my option is worth ~$4? So I don't have to sell if I reach my strike price? Is this the same with call options? What confuses me is the strike$. #learning