In this video, Joel explains the difference between intrinsic and extrinsic value in call and put options. Watch the full video here 👇 https://www.youtube.com/watch?v=oj2XqZy2K0Y&t=17s Get TradingBlock👇 https://tradingblock.com/ TradingBlock is a technology-driven online broker serving the ever-changing needs of individual traders, professionals, registered investment advisors and their clients. We're driven to provide you with fully customizable trading solutions that grow with you. We provide experienced, responsive support and education resources to help you make better decisions for you, your family and your future. Made for the Way You Trade. Member FINRA (https://www.finra.org), SIPC (https://www.sipc.org), NFA (https://www.nfa.futures.org). Investing and trading may result in loss of capital. Options involve substantial risk and are not suitable for all investors. Please read "Characteristics and Risks of Standardized Options" prior to investing: http://www.theocc.com/about/publications/character-risks.jsp