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okay good afternoon and welcome back everyone to our options education webinar series my name is tony zhang im the chief strategist here at options play and today were here to talk about a topic that i think is very useful for a lot of traders whether you are a beginner or an advanced options trader to get a better understanding of the mechanics of entering an options order specifically around how do markets work in terms of how do you determine what the bid ask price is telling you where do you place your orders within that bid ask price should you be trading below or after below or above the midpoint these are all questions that regardless of what type of trader you are you likely have some questions around it so today what we want to do is take a deep dive into what you know what youre actually getting in terms of information when you see a bid price and an ask price on your screens and how should you use that for your options orders to maximize your positions so with that lets