Відео

Thank you for the video Tom

Thank you Tom. One of the best trading videos with so much info covered.

Ref using Stop v letting probabilities develop. Another advantage with earlier exits is the ability to re-deploy capital.

Sizing !!! Very Important Discussion, Thanks S o Very Much!!

PMCC disasters in bear markets!

I am not clear how to manage the short call if AMD price breaches your short covered call strike at expiration. Do you roll it up and out for a credit everytime, do you exercise the long LEAP call to cover the shares you'll be short (from expiring ITM on the short call)? do you close it out for loss? Not clear on the management of the PMCC in this scenario.

I didn't know that there is a standard pmcc versus one that is income pmcc which i think is what mark yegge does. this was great to see that based on the type of pmcc you do will dictate what strike prices to choose. super cool.

Tom i have been following you for a long time! And was a member of your discord. I appreciate all of your videos! Can you do a deeper video explaining the PMCC cash generator trade setup?

👍

Thank you. Very well explained and shown how to place PMCC

I think there are two versions (in simple words) for PMCC: (1) in the first version you calculate break even price first. Buy AMD long call 359 days out at Delta 0.85, strike 80, for $51.70. Your break even price is strike price + premium paid, so 80+51.70 = $131.70. Sell short call, 9 days out, delta 0.25, strike 129 for $1.15 credit. You can adjust your break even price: $131.70-$1.15 = $130.55. That’s a new break even price. So in this case, if AMD rises above 129 and your short call shares are called away, you are basically losing money ($1.55) unless you roll or close the short call early. If AMD remains below 129 you get to keep the credit and repeat. (2) The second version is more interesting but also confusing. It’s exactly the same setup like the above: Buy long call at delta 0.85 and sell short call at delta 0.25, same strikes, premiums and DTE. The difference is in calculation: If AMD rises say by $1, the long call is gaining $0.85 and short call is losing $0.25. You can close short call with loss and still make a good profit on long call: 0.85-0.25 = $0.60 profit. I think that’s what Tom suggested during last PMCC video, and it’s quite interesting logic. The only issue here might be that we are talking about potential profit on long call, not realized profit. So if short call is closed with a loss, and then AMD price drops, all the potential gains of long call are erased. Version 1 might be easier and safer. Version 2 is likely more profitable over time, especially when selling short calls close to ATM, and rolling or closing early.

put on some ba 1122's to hedge the portfolio this week. getting paid to hedge is really nice!

Tom, great video. On the AMD PMCC, if AMD runs up past your short strike, how do you handle this? Do you buy it back for a loss, since you gained on the long strike and then sell another CC at a strike farther out of the money? I know what to do when I’m selling covered calls and I own the actual shares, but how do I handle when the underlying runs past my short strike in a PMCC? I would really appreciate your thoughts on how you handle this. Maybe you could even make a quick video about this. Either way, thank you for providing these videos. Very helpful. Thanks

Nice 2 videos back to back👻 King in the house !

Why 9 days?

Hi Tom. Thanks for all that you do and share with us fellow traders. Great content!

How to become a millionare in 2 steps Step 1: Be a billionare. Step 2: Divorce. Jokes aside, solid advices.

Fantastic opportunity for a Jade Lizard on /CL (oil)

A question on the IBIT PMCC, what do you do if your short term call that you sold is in the money at expiration? Roll that call out?

Tom , you said you "might roll" the TLT puts...didn't you say you NEVER roll? That you just take the loss because a roll IS a loss...I'm confused

Good theoretical advice and you could find zillion folks on the internet with this advice. I wonder if someone has generated millions(s) doing investing or trading why don't they show trading examples or plan to get to a million dollars.

All the war torn areas , California fires , going to be using a lot of copper for new wires , copper pipe in plumbing is less , but big pipe 1.5” is copper .

You are so right about house, it is a money pit! Mine cost so much for maintain that I can easily live in a much better rental with the same amount of money

Want to make a million dollars? Easy. Start with two million. Seriously, though-if you’re looking for ways to shrink your fortune in record time, here are a few proven methods: • Start a restaurant. Because who doesn’t love 80-hour workweeks, constant stress, and razor-thin margins? Bonus points if it’s a fusion concept no one asked for. • Invest in NFTs… in 2025. Nothing like buying digital pictures of rocks just as the market crashes again. • Buy a yacht. Maintenance alone will drain your bank account faster than you can say “bad investment.” • Get into day trading. Because nothing screams “smart financial decision” like staring at charts and praying your gut feeling beats the algorithms. • Open a theme park. Who needs business sense when you have a dream and a pile of cash? Just ignore the insurance costs. But if you’re actually serious about making money (and not just burning it for warmth), stick to the boring stuff: • Live below your means. No, you don’t need that third espresso machine. • Invest wisely. Index funds may not be sexy, but they won’t leave you broke. • Start a business you actually understand. Preferably one that doesn’t require you to explain it in 500 words or more. • Develop valuable skills. The world pays for expertise, not your ability to binge-watch Netflix. So yeah, if you’re dead set on making a million, just be smart-or at least don’t be your own worst enemy.

Awesome video! Very motivational video! I need to think more on some points you mentioned. I definitely need a plan! Thanks.

Thanks Tom very important. Video

Great advice! If you want success, emulate someone who is where you want to be.

Great video! Just wanted to ask what you think about $JEPQ or $QQQI as “passive income?” It’s around a 10-14% return.

Tom, I like the way you that you clearly explain things and are very direct without ever being sarcastic.

I am concerned about NVDA guidance based on: The Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) Restrictions on chips sold to China. Also i think Goog would probably be higher if not for the govt's anti trust suit which hasn't been resolved yet and threatens to split up the co. Any thoughts on INTC rumors of a buyout or possibly a new CEO. Been there before though.

Huh, 10% a month! I would be trout fishing in Vancouver. Hey Tom, thanks for the videos. I think Trump may have just gave us something to work with.

Anti-compounding: get into trading and lose massive chucks of your savings in a single day.

Solid video, Tom!

Thank you Tom!!

Your BE on the trade is your long call strike + premium paid. 400 + 135ish for 535. If you sell atm for 4 and Q's are at 513 you are collecting 517, that's a locked in ~$18-20 loss if it gets assigned and you execute you long call. Hard to stay alive taking hits like that, especially weekly!

hello Tom, really good video, thank you. Hardly anyone talks about closing/buying back options early - this is what I also do with 90+% of my trades and it serves me really well

Will try to backtest it on spy. But on one hand it is indeed possible to get good premium cause of the IV at the money. But if you do it and every single week you Lose on the short call, and suddenly spy drop by 10% in a week, you just lost most the profit of your P&l on the long side. To me, rolling a call means you lost money. It's gone. Might be wrong but I think it is a bit risky. Spy is quite big, so I would try it on a smaller ticker, stable one, avoid tesla, Nvidia...cause volatility is too high. Imo worth a try.

So if you have BP and underlying did not move much, but your naked options are infliated by huge jump in VIX, best would be to wait it out? I agree everyone at the moment was thinking it will keep going down with vix at ATH

Hi Tom, great strategy! Many thanks. Two questions 1) What is your exit strategy for the long term call position eg at 3 months before expiry or depending on if you're up, down or around breakeven? 2) Do you trade this on ES futures?..I guess no assignment risk/headaches. Thanks 🙏

How do you do stops with tastytrade? I don’t believe they offer them on futures options

As I understand it, you buy a 80 delta Call about a year out, then sell at the money call each week. 1/2 the time those short calls are gonna be losers. only way to guarantee profit is to sell the long call at the same time of short call when price blows past it. But doesn't sound like that is what Tom is doing? Sounds like he keeps the long call on, and closes short for loss and does it again the next week. Maybe a better understanding how you manage and close these positions would be helpful.

Not sure why "Maximizing" was part of the description. Other than that, good video :)

Hi Tom great video. Do you have any idea how much you would have made trading just this over the last 5 years? I can see if you are flat to up every week, you can collect 20k (which is about 150%). But I’m always leery of CC because you cap your weekly upside at $400 and can’t take full advantage of +5% weeks but on -5% weeks you lose maybe $1500? The math doesn’t work for me. But maybe I overestimate the number of down weeks. I will look into joining the discord. Do you share all your trades? The +80% in 2022 would have been a game changer for me. I was happy to lose only 19% LOL.

Thanks for this video Tom. I currently just have full covered options access in my accounts (level 0?) , and I assume that you need spread access (level 2?) to do this PMCC strategy, am I correct? Is that generally easy to get? I do have a portfolio value over $1M. Thanks for any help you can give.

Hi Tom As I understand your description of PMCC it is buying a one year out LEAP at 80 delta, then sell a weekly call option that is At the Money ..... if I do this in SPY what if your short call ATM is exercized by the buyer. This would mean the LEAP call would provide the stock at a premium above the current price stock price. 0r i am thinking i would need cash in the account available over and above the LEAP to buy the stock to deliver to the assignment... I like the PMCC idea but this seems like an unusually high risk. Am i correct? Thoughts? Thank you, really enjoy your videos and info...

Thanks Tom

Poor Man's Covered Calls work great in a bull market, but they're a disaster in a bear market. Personally, I don't trade them, but if you do, make sure to allocate only a very small portion of your portfolio!

Thank you for calling out Trading with Ashley, someone hawking exactly what you’re saying about retiring on Palantir calls. Also, thanks for showing an example of how to put a trade like this on.