Ways to Use Price Channels for Option Trade Targets and Stops | Long Options | 8-18-26

Long Options | Connie Hill, CMT | 8-18-26 Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D When trading long calls and puts, timing matters. Unlike stock positions, long options can lose value quickly if the underlying stock doesn't move as expected. That's why many traders consider having a clear target and stop-loss strategy so important. In this session, we use price channels to identify potential profit targets and risk levels before entering a trade. You'll see how diagonal channels can help traders establish realistic expectations and improve trade planning. Along the way, we review two recent example trades that successfully reached their targets and discuss the factors that contributed to those outcomes. We also identify and place four new example option trades on three stocks currently trading within established diagonal channels. Whether you're looking to improve trade selection, define exits more effectively, or better understand channel analysis, this session offers practical techniques you can apply to your own trading process. When might it make sense for options traders to be an option buyer? Join your education coach to discover techniques to help minimize the impact of time decay and to potentially take advantage of buying call or put options. Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. New to thinkorswim?? You can book a 1:1 appointment with a specialist & it's FREE. Here's the link: https://bit.ly/3Pa5wzo Please subscribe to the TRADER TALKS on YouTube: Here's the link to the new Schwab coaching calendar: https://www.schwab.com/coaching Long Options Webcast Playlist: http://tinyurl.com/2famnfmk NOTE: Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy. They are also case sensitive. Referenced Webcast for Custom Template: Creature of Habit? Create An Exit Template: https://youtube.com/live/b1oQCVSN5SY Previous Webcasts: Build a Versitile Options Watch List: https://youtube.com/live/K6J-nySt0N4 Understanding Today's Option Statistics: https://youtube.com/live/8ati7qFbUqA Can Option Traders Follow Trends Like Stock Investors?: https://youtube.com/live/TeD-Oe_SvRQ Start Your Trade on Time!: https://youtube.com/live/528wC9IJl_0 Don't Just Enter. Plan Your Exit: https://youtube.com/live/J_hS7dcrkqI Is Your Reward Worth Your Risk: https://youtube.com/live/TtRt_iuK4Xw Creature of Habit? Create An Exit Template: https://youtube.com/live/b1oQCVSN5SY Scripts: Scan for Volatile stocks-Nasdaq only: http://tos.mx/!8UGWbfvw 1 MO RET: http://tos.mx/3wavTZJ 3 MO RET: http://tos.mx/lJuCRNV BREAKOUTS: http://tos.mx/!o9Pblidb CAHOLD/CBLOHD: http://tos.mx/!MqtCL3JJ 10EMA/30 SMA: http://tos.mx/!rJLqOgIH NOTE: Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy. They are also case sensitive. #TraderTalks #SchwabCoaching #LongCalls #conniehill