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Trading Options Like A Pro - Lesson 6 Intrinsic vs Extrinsic Value

Thinking about trading options but wondering what's the difference between intrinsic and extrinsic value? In this video, I cover what intrinsic value is, why it's essential, and why you need to pay as little extrinsic value as possible. And, if you're ever looking for call options trades with 85%+ chances of being profitable, check out: https://rickorford.com/samurai . . . DISCLAIMER: All information and data on this YouTube Channel is solely for entertainment purposes. I'm not a financial advisor, nor licensed in any way to provide any financial advice. The information herein is based solely on my personal opinion and experience. All investments hold inherent risk, and the information provided on this YouTube Channel should not be interpreted as any kind of guidance, recommendation, offer, advice, or suggestion. Any ideas and strategies discussed on this channel should not be implemented without first considering your financial and personal circumstances or without consulting a financial professional.