What has been your experience with stock options? Leave a comment below! Looking to master investing and learn even more about options? Attend my upcoming 3-Day Virtual Investing Workshop! Reserve your seat: bit.ly/34ICYZr Beware of spammers in the comments below. The link above is the only one I'll share with you.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
What I have learned is the hardest part of investing is your own psychology. You have to overcome the fear of losing. Instructors can tell you this until they are blue in the face, but it does not emotionally prepare you for it. I think this is one of the reasons to look for "Meaning" when looking for "wonderful businesses" that are on sale.
Hi Phil. I know absolutely nothing about options or investing. I have been listening to your podcast nonstop and am enrolled in the virtual workshop next weekend. I can’t wait. Thanks for lighting the fire.
Hi Phil., I have no clue how option works. I heard of option and investing stock but I never took the time to really look into it because of fear and what I have heard and it was not good. But that is about to change. I am looking forward to the 3-day Virtual Investing Workshop coming up soon.
Hi, I have signed up for a workshop and looking forward to it. For options, the examples that would do well with this strategy, would be the stocks that generally stay at a certain price and doesn't move much? So we can collect the premiums? I know we want to own the stocks since they follow the 4M's, but if it is a stock that stays relatively still, that appears it would also work for this kind of strategy? Anyways, not sure if I fully understand, so looking forward to the workshop. Hope I get to meet Phil. :)
Thank you for your interest. If you haven’t already attended our transformational investing workshop, we’d love for you to join us. We do cover options a bit in those three days. Please check our website for future dates. Beyond that, I would recommend that you reach out to our support team at support@ruleoneinvesting.com and they will be able to direct you to the right team to have a conversation about our options course offerings. We would love to be able to help grow your investing knowledge and be part of your investing journey!
Complete noob here (subscribed after watching this). I had to listen twice (just woke up!) and I got it, however a simple side by side diagram on a piece of paper would have helped a lot when talking about counterintuitive concepts such as "the buyer can sell or the seller is obligated to buy" (3:16). One thing that's still not clear to me though: at 2:59: "for a specified amount of time" - how does this "amount of time" come into play? The stock has to be sold/bought when either its price reaches the strike price or the specified amount of time elapses? Or the right to sell / obligation to buy only applies during that said amount of time?
If the underlying instrument (stock, ETF, etc.) doesn't reach the strike price by expiration, the seller has no obligations and keeps all of the paid premium. If the price drops below the strike price (for puts) before expiration, the buyer could require you to purchase the stock at the strike, but that is rare. If the price is getting close to the strike and you don't want to purchase the stock, you can buy back the put at the current price any time prior to expiration. I didn't understand this at first. Another thing I didn't understand is that the option price changes with the stock price and several other factors such as time decay. Research the "greeks" on options to understand that better.
Attend a transformation workshop. He gives away scholarships frequently. Or you can attend a virtual workshop, but you won't meet him in person. They are worth your time.
Index options are better than Stock options. Stocks are highly vulnerable to news and other corporate actions events. So a big gap up or gap down will cause huge problem to Options sellers. Also liquidity is poor in stock options when compared to index options. Retailers are always better off selling index options 😎😎😎
@@SpeedbirdHeavy Hi Carole. Agreed to ur points. But I feel stock options selling is dangerous especially for retailers because stocks can have huge Gap up or Gap down overnight and individual stocks can be easily manipulated by the Smart money whereas it's difficult to manipulate an entire Index. I am an options seller BTW. I buy options only for Hedging purposes for my weekly Iron Condor strategy.
@@e.sanoop110 IMO options are treated as "risky" only because of what happens if you buy an options contract. When you sell a put or a covered call you already know the worst case scenario.
Hi Phil, first of all thanks for all the great content. I would love to hear your opinion on what has been taking place in the market over the past months - especially the extreme volatility we have been witnessing and the sell off since the beginning of this year. My personal belief is that we could be witnessing the start of a great recession. I have been buying puts against multiple small cap tech indices since way back in September, and I'm finally taking profits after pretty substantial amount of losses. This goes without saying that I've been extremely bearish towards the mania of a stock market we've experienced over the past year - the fed's injections, zero interest rates, retail frenzy and overall market exuberance. I am still holding a lot of mid term put options across all markets as I believe the crash is only beginning, as our economy is facing a lot of issues - inflationary pressures, historic margin debts etc etc... What are your thoughts on the overall market right now? Would love to hear your take! Thanks again
What has been your experience with stock options? Leave a comment below!
Looking to master investing and learn even more about options? Attend my upcoming 3-Day Virtual Investing Workshop! Reserve your seat: bit.ly/34ICYZr
Beware of spammers in the comments below. The link above is the only one I'll share with you.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
What I have learned is the hardest part of investing is your own psychology. You have to overcome the fear of losing. Instructors can tell you this until they are blue in the face, but it does not emotionally prepare you for it. I think this is one of the reasons to look for "Meaning" when looking for "wonderful businesses" that are on sale.
Hi Phil! No experience and really looking forward to the workshop next weekend! I feel so grateful that you are offering this knowledge for free. 😇
Hi Phil. I know absolutely nothing about options or investing. I have been listening to your podcast nonstop and am enrolled in the virtual workshop next weekend. I can’t wait. Thanks for lighting the fire.
Hello, I have had great experience selling put options and can’t wait to learn more during the workshop! Tks
Hi Phil., I have no clue how option works. I heard of option and investing stock but I never took the time to really look into it because of fear and what I have heard and it was not good. But that is about to change. I am looking forward to the 3-day Virtual Investing Workshop coming up soon.
I just wish I could understand them, did a workshop with you in Calgary, but still don't get it but I'm in the virtual workshop next weekend
Hi, I have signed up for a workshop and looking forward to it. For options, the examples that would do well with this strategy, would be the stocks that generally stay at a certain price and doesn't move much? So we can collect the premiums? I know we want to own the stocks since they follow the 4M's, but if it is a stock that stays relatively still, that appears it would also work for this kind of strategy? Anyways, not sure if I fully understand, so looking forward to the workshop. Hope I get to meet Phil. :)
So excited to see you tomorrow at your workshop tomorrow :)
Thanks, registered for the workshop
We're excited for you to join us, Karan!
Great video. Ive been wanting to learn about options but havent found and easy understandable way to start.
i have traded options steady for 2 years. I got beaten down when the market turned in dec. I would love to take your options course. thx
Thank you for your interest. If you haven’t already attended our transformational investing workshop, we’d love for you to join us. We do cover options a bit in those three days. Please check our website for future dates. Beyond that, I would recommend that you reach out to our support team at support@ruleoneinvesting.com and they will be able to direct you to the right team to have a conversation about our options course offerings. We would love to be able to help grow your investing knowledge and be part of your investing journey!
Selling put options as a way of accumulating more shares.
What is a good book for options?
Complete noob here (subscribed after watching this). I had to listen twice (just woke up!) and I got it, however a simple side by side diagram on a piece of paper would have helped a lot when talking about counterintuitive concepts such as "the buyer can sell or the seller is obligated to buy" (3:16). One thing that's still not clear to me though: at 2:59: "for a specified amount of time" - how does this "amount of time" come into play? The stock has to be sold/bought when either its price reaches the strike price or the specified amount of time elapses? Or the right to sell / obligation to buy only applies during that said amount of time?
Thanks. That was a bit of a surprise, I would have assumed that the transaction had to happen also when the time elapsed.
If the underlying instrument (stock, ETF, etc.) doesn't reach the strike price by expiration, the seller has no obligations and keeps all of the paid premium. If the price drops below the strike price (for puts) before expiration, the buyer could require you to purchase the stock at the strike, but that is rare. If the price is getting close to the strike and you don't want to purchase the stock, you can buy back the put at the current price any time prior to expiration. I didn't understand this at first. Another thing I didn't understand is that the option price changes with the stock price and several other factors such as time decay. Research the "greeks" on options to understand that better.
Phil iam your big fan. How can I meet you?
Attend a transformation workshop. He gives away scholarships frequently. Or you can attend a virtual workshop, but you won't meet him in person. They are worth your time.
We have to sell the put on our desired stock we want to own, for long-term.
Pls more videos on options... thank you
You use options as a clever form of a limit order?
I was going to disagree with you slightly, but I worked through it in my mind, and now I agree with you. 😀
Good Morning Phil 🌄🙏📈💸💰🛒🦅🇺🇸
Index options are better than Stock options. Stocks are highly vulnerable to news and other corporate actions events. So a big gap up or gap down will cause huge problem to Options sellers. Also liquidity is poor in stock options when compared to index options. Retailers are always better off selling index options 😎😎😎
@@SpeedbirdHeavy Hi Carole. Agreed to ur points. But I feel stock options selling is dangerous especially for retailers because stocks can have huge Gap up or Gap down overnight and individual stocks can be easily manipulated by the Smart money whereas it's difficult to manipulate an entire Index. I am an options seller BTW. I buy options only for Hedging purposes for my weekly Iron Condor strategy.
@@e.sanoop110 IMO options are treated as "risky" only because of what happens if you buy an options contract. When you sell a put or a covered call you already know the worst case scenario.
Hi Phil, first of all thanks for all the great content. I would love to hear your opinion on what has been taking place in the market over the past months - especially the extreme volatility we have been witnessing and the sell off since the beginning of this year. My personal belief is that we could be witnessing the start of a great recession. I have been buying puts against multiple small cap tech indices since way back in September, and I'm finally taking profits after pretty substantial amount of losses. This goes without saying that I've been extremely bearish towards the mania of a stock market we've experienced over the past year - the fed's injections, zero interest rates, retail frenzy and overall market exuberance. I am still holding a lot of mid term put options across all markets as I believe the crash is only beginning, as our economy is facing a lot of issues - inflationary pressures, historic margin debts etc etc... What are your thoughts on the overall market right now? Would love to hear your take! Thanks again
I'm never buying calls again. I'll only sell spreads...
I have no experience at all 🙈
A nice glass in u
Sell puts and buy calls. Permabull.
i have had extensive experience with squeese plays. (worked really good when the market was going up) not now so much!