Steve Sosnick, Interactive Brokers chief strategist, joined Stocks In Translation to break down what exactly is an option, how it works, and how you can sell it. Along with Yahoo Finance's markets and data editor Jared Blikre, and producer Sydnee Fried, Sosnick dissects the phrase "zero days to expiration" and its significance in the options market. He elaborated on the show, noting, "The key elements there is, there's the time to expiration is always the key element and the price and the strike price of course is a key element."
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This post was written by Neil Mulcahy.