While I love Tastytrade and there is no better place to learn about trading options, there are two warnings that I wish I had been given ahead of time:
1.
Be really picky about what trades you put on. When watching, it seems like Tom and others will often throw trades on just to put something on and sell more premium--to "stay active". It is tempting to do the same thing yourself--that's how I ended up with 45 positions in a $25K account.
I think some of us need to keep in mind that Tom and Tony have decades of intuition, can monitor their trades all day, and have virtually unlimited capital. A higher number of occurrences are great, but it only takes a couple real stinkers to overpower many winners. I could have avoided my big stinkers if I had been more picky and accepted that some days there just isn't a really good trade.
Make sure it's very liquid, the IVR is exceptional, the POP% is high, and you feel really good about the trade. If you are selling a naked (or synthetic naked) put, make sure you'd want to own the stock.
2.
Don't take selling naked calls lightly (I'd say never sell on a company stock). Ryan and Beef (bless 'em, they do rock) throw naked strangles on stocks without batting an eye. If I would have been short a naked strangle on GMCR this morning (which would be considered "small" in my account), it would have ruined my Christmas with a 20% account loss. Thankfully I only had an iron condor.
Anyhow, take this with a grain of salt, but they are lessons I had to learn.
Happy Trading.