Options trading can be pretty confusing especially to a beginner regardless of whether you are in your twenties, thirties or a retiree whether you in Singapore (新加坡), Malaysia (马来西亚), Indonesia (印度尼西亚) or elsewhere, as there are many concepts that you need to learn simultaneously. I had thought of putting the whole option trading fundamentals, concepts and strategies into one long video initially but had decided against doing this. Why? Because I was once like you, new to options and trying very hard to understand the various moving parts all at once and I got confuse and nearly gave up options trading. I do not wish for you to go thru' what I had been through as it will likely cause you to lose interest in this journey; thereby, missing out on having options trading as side hustle to generate an additional stream of income like I have been doing. 😊 I have therefore decided to put the whole course in small bite size videos with clear explanation so that you can understand the concept easily and apply them. This video on options premium or options pricing, where I focus on how extrinsic value comprising of Time Decay (Time Value) and Volatility; and how these affect the option premium in an option contract is therefore created for purpose of providing investors who are new to options trading with clear and simple explanation for easy understanding and application.