This is another one of those questions that kind of depends on your trading style. Are you going to be mostly buying or selling options? Do you prefer more conservative trades or more aggressive trades? For me, the answer really boils down to four things.

First is the Frequency. How often are these options available to trade? Well, monthly options are available to trade once per month. These options expire on the 3rd Friday of every single month. On the other hand, weeklies are available to trade every week and expire every Friday. (There are some tickers that have non-standard expiration days, so be mindful of them.) So weekly options are more readily available, giving you the opportunity to place more trades more often. So, for frequency, I'd say weekly options win!

The second thing is Options Volume. Volume is KEY when you're trading because volume gives you an idea of how liquid an option is. The more volume it has, the liquidity it has… meaning the better your chances are of getting into and out of your trades at the price you actually want. Typically, you'll find that monthly options have more volume than weekly options. So in a way, it makes trading monthly options a safer bet. So for volume, monthly options is our winner!

The third thing is Premium! How much credit can receive for selling options and what debit are you expected to pay to purchase options? Usually, you'll have higher premiums in monthly options which makes them slightly more appealing to options sellers. Weekly options usually have lower premiums which makes them a bit more attractive to options buyers. Since we mostly sell options ourselves, I'd say monthly options are the winner when it comes to premium!

And finally number four is Theta Decay or time Decay. Theta decay is essentially time eating away at your premium. Literally! As time goes by your premium decreases. And the amount of decay actually increases at an increasing rate. Your premium is just dropping faster and faster. This great for sellers looking to buy back at a lower cost, but horrible for buyers looking to sell back at a higher cost. And the closer you are to expiration, the greater the affect that time decays has on your trade. So for most options sellers, weekly options would be better because the premium drops faster. For most options buyers, monthly options would be better because the theta decay is a bit slower.

So overall, which one is really better? When you consider frequency, options volume, premium and theta decay, both monthly options and weekly options are great to trade. But in my opinion, I think monthly options are slightly more attractive to trade!

Want to know more about how we teach others to trade stock options? Check us out! - TradingWithInsight.com

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Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com

It's so exciting to know that you could possibly earn an additional income trading in the stock market. So naturally you're going to be curious about how to get started. So let's break it down in 5 simple steps!

First, you need to make sure you're willing to dedicate time to trading. If you want to SWING trade like we can teach you how to do, you really only need about 30 minutes per day. Swing trading is great for people who work fulltime jobs or just don't want to sit at a computer for hours every day waiting for a trade opportunity.

Second, you need to take 5 minutes to open an options trading account. I HIGHLY recommend ThinkOrSwim because it's the #1 platform for trading stock options! Third, find a trading mentor, course, program, or coach that appeals to you. For example, I offer courses and programs where I teach people how to trade stock options for income, even if they're working a fulltime job. I ALSO give them my personal trading system to help them find high-winning trade setups 100x faster than they would without them. If that sounds appealing to you, then congrats! You've finished the third step.

Step four, become a focused sponge. Absorb as much information as you can from your trading course, coach, etc but focus on the things that truly resonate with you. Some strategies you learn will stand out more than others… some techniques that you'll see are going to make more sense than the rest. The best strategy for you to trade is the one that you understand the most, because eventually, that strategy just becomes second nature to trade.

And finally step number five: log into your ThinkOrSwim demo account and practice trading these strategies with paper money. Prove to yourself that you're actually able to be consistent and profitable BEFORE you start trading with your real money. Since every strategy is different, some you may need to practice for several days and others for several weeks.

So that's it! One, make sure you have about 30 minutes during the day to trade. Two, take 5 minutes to open a ThinkOrSwim account. Three, find a trading course or coach that appeals to you. Four, learn their trading strategies. And five, practice those strategies before trading real capital.

Ready to get started with your stock options trading? Check out our training program - www.TradingWithInsight.com

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Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com

When I first started trading, I struggled… A LOT! All of the strategies that I was learning and trading were very much opinion-based, and not so much data-driven. I was using moving averages, momentum indicators, volume indicators, etc. to form an "opinion". It was a very stressful way to trade! I was literally placing trades based off of my emotions and what I "thought" the market was going to do, instead of just letting the market tell me what it's likely to do.

It was so frustrating and overwhelming, that I eventually just stopped and thought to myself - "…how do I take my opinions and emotions out of my trading? How do I let the market TELL ME what it's likely to do??" And that's when I developed my own trading process that I like to call "Insight Trading" also known as "Trading with Insight".

This process of Trading With Insight is taking the INSIGHT that the chart gives me and then TRADING based on that insight. So what is the "Insight"? It's simple… win rates! If I see that stock XYZ has a high win rate for bullish trades recently, then I've just gained some valuable INSIGHT that I should be TRADING bullish setups on this stock. If I see that stock ABC has a high win rate for recent bearish trade setups, then I now have some great INSIGHT telling me that I should be TRADING bearish trades on this stock. Make sense?

So how exactly do I get that insight? Well, I've designed this game-changing tool called the Insight Indicator that automatically finds and calculates these win rates for you. So you literally just look to see which setups have had the highest win rates lately, and you can choose to trade them. It's literally that simple - you don't even have to look at your stock charts AT ALL!

You can get this indicator, PLUS our Targets Indicator to compliment it, PLUS our full training course on how to use options to trade using these indicators, PLUS our fully loaded chart layouts PLUS a whole lot more! Check it out -- www.TradingWithInsight.com

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Learn How We Analyze Stocks To Find High Winning Setups, And As A BONUS, Learn How To Use Options To Trade Them For Income - https://TradingWithInsight.com