Generate Safe Weekly Passive Income with this Options Strategy - How to SELL PUTS for Beginners
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- Опубліковано 6 кві 2023
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Are you planning on selling put options for weekly or monthly income? If so this is the only video you’ll need on how to sell puts safely for consistent weekly and monthly income. I’ll be covering the specifics of how to pick a strike, expiration, delta, technical analysis, live trading and all the steps I use to sell puts to grow my portfolio.
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𝐋𝐞𝐠𝐚𝐥 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!
How to contact you?
calendly.com/invest-with-henry/option-income-academy
You also have discord?
Which platform do you use to operate options and how much do they charge per order?
Hey @@InvestwithHenry you mentioned towards the end of the video that if the put starts to go negative (around 10% or so) you will close the position. How would you close the position? (Newbie question) In your example, you sold a $362 SPY put and bought a $352 SPY put, thanks. 👍
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
Finding financial advisors like Amber Dawn Brummit who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
1:50 sell puts on high quality stocks 2:45 one week or 1 month away 4:40 sell OTM puts 5:30 tech analysis 9:10 sell puts on small accts, SPY. Sell puts with tight spread 17:20 sell puts with 12 to 14 delta. Spread for some accts 22:40 how to close 24:20 cut loss to 10%
I've been trading stocks with a financial advisor and currently compounding over $670k in dividends after diversifying my portfolio between SCHD and some dividend aristocrats.
Same here. My dividends have snowballed from 160k last year to 900k. I trade stocks with my FA, Ann Marie Celentano and I've been making remarkable returns.
I searched on google for this lady you mentioned and I am impressed. I was able to leave a message, hopefully she will get back to me
Scammers up here lol
Though dividend-paying stocks don’t offer dramatic price appreciation, they can provide a consistent income stream, I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.
Simply put, if you’re not investing in dividend stocks, you’re doing it wrong.
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $650K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
my partner’s been considering going the same route, could you share more info please on the advisor that guides you
I started out with a financial advisor called " Lisa Angelique Abel ". Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate it
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $750k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
I stopped listening and taking financial advise from these UA-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance.
" *Monica Selena Park* " is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out. You can go verify yourself.
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. There’s only one reason, and it is a place to park your capital to pay you a small return with large established businesses because you aren’t trying to grow your portfolio anymore, but to live off of it. It’s not much different from bond investing.
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08' crash and have researched similar opportunities in this current market, could this person who guides you help?
Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her ouT.
For salary earners having a passive source of income is the best thing you could have , because aside the the fact that it isn’t always enough you could lose your job any day at any time , have something to fall back to is crucial , for me it is trading the Forex and crypto market and no I didn’t have that much knowledge to begin to earn that’s why I said passive income, I leave the profit making to the pro like my Advisor 'Catherine Morrison Evans' , who has been doing a wonderful job
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Not at all, having monitored edge my portfolio performance which has made a jaw dropping $483k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
My advisor is Christine Jane Mclean’’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.
Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
My Financial Consultant is Helene Claire Johnson. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
Helene has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I set up a call with her so I could use her services.
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree. Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named NICOLE DESIREE SIMON, I can say with certainty that their skills are excellent.
how can i align with her?
Cant reveal much info, Nicole Desiree Simon is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
thank you for this tips.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Invest if you actually want to be wealthy. However, you should get guidance from a financial advisor if you want to create a successful long-term plan…
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $800K within a short time
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Lisa Angelique Abel is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
I want a balanced portfolio, with growth investments, safe investments, and also a focus on dividends to gain up to $20K monthly with minimal risk. is this your strategy sustainable?
I’d rather you just start new positions in ETFs with future income and build that. I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
well things are different now, same market strategies applied over last decade wouldn’t apply to the current market, so to actually figure out how to outperform the market and stay afloat for the next decade, you should reach out to a financial advisor, that’s how I’ve managed to properly diversify across the right asset classes and gained over $450k in profit this past couple years.
That’s impressive, have you always had a financial advisor?
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Carol Vivian Constable‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
consider financial planning.
It really isn't about how much you save, it's about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing!
@@gowonjake I totally agree, I'm 60 and newly retired with about 1.4 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.
@@kollykolly Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@@brendazvandasara The advisor that guides me is Claudia Trinidad Rivas, most likely the internet is where to find her basic info, you can run a quick research with her name. She's established.
00:01 Learn to sell puts safely for consistent income
01:55 Selling puts on high-quality stocks for safe income
05:42 Using Bollinger Bands and RSI indicators to analyze Apple's trading range and support levels before selling put options.
07:20 Understanding option chain and selecting safe trade levels
11:18 Selling put options can generate income and limit downside risk.
13:40 SPY options are highly liquid and expire three times a week.
17:40 Selling put options for weekly passive income
19:34 Selling put options can provide a high return with lower risk.
23:39 Closing options position depends on proximity to expiration date and stock price movement.
25:37 Closing a put option on the last day of expiration is a key strategy for small portfolios.
Thank you uncle henry for teaching unconditionally much appreciated greatly 🎉
You are very welcome
This guy is the real deal. I’ve collected $120k by selling options since November 2022 using this guys strategies
What delta do you sell ?
@@claudiafischbach3358 .35 given how henry trades, buddy has an account bigger if not around the same size as henry's to make that kind of money selling. expect gains of a few percent of your account every few months
I thought he trades 20
Delta @oili
@@MrRapSick i thought he trades 20 delta. Which stocks you sell put?
I keep selling 12 Delta and losing 90% of the time
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor
@@Curbalnk That’s right, I started investing sometime in 2018 and by late 2019, I pulled a profit of over $950K, I was basically just following the guidelines set by the financial advisor I use, so you don't necessarily need to be a perfect investor or do the hard work, just have a professional to guide you
@@colleen.odegaard That's impressive! I could really use the expertise of this advisor.
I invest with the aid of *Heather Ann Christensen* , a well known advisor. You can make a quick internet research with her name mentioned where you can easily get in touch.
@@colleen.odegaard Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Henry, I love your videos and they have helped me make some nice gains since January selling put options. I do feel like I could be making more. I would love to increase my portfolio within the next 15 months.
Already made a video with the same example back in October. SPY and QQQ now have daily expirations M-F. Might be better to make new videos rather than use old ones multiple times.
Thank you very much for very valuable information!!!
Excelente video, thank
I just wanted to say that I truly appreciate you, your the reason why I started my youtube channel in the first place. Thanks to you I now teach people about financial literacy and how to invest their money. Thanks once again, and I hope you could inspire more people just like myself to build a youtube channel. 😊
Cool man! Keep it up!
@@InvestwithHenry I will!
I love your options teaching
Nice video. Thank you. Do you recommend sell next day for Spy? I have no confidence whether it will go up or down the next month. Do you think sell the iron condor will be a good idea? Close out the one that goes the wrong direction. Keep both if it stay in the middle.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@donnabrannan1448 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time.MARTHA ALONSO HARA, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@@angelahowie1451 Oh please I’d love that. Thanks!
@@donnabrannan1448 MARTHA ALONSO HARA
Lookup with her name on the webpage.
Thank you dude
Uncle Henry back at it again . Can you do a video on optionsfy😊
Thanks,, For the Info..
i love how this guy has his own ad.. on his own video.. Super G
Henry, just want to say thank you 🙏
Henry, in case of this bull put spread for this small account with SPY, don't we have to be afraid for 'Margin Call' that in case of early assignement or if the current price is between our strike prices, that we have to buy the 100 shares? I'm with Interactive Brokers and I don't know I need to deliver the 100 shares in that case.
Dude keep these videos coming
Thank you !
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Good video. Well explained. This is the strategy i have been using for years.
Awesome video Henry.
when I think "hiqh quality" stocks, i think of stocks with fortress balance sheets, more cash than debt, and consistent positive cashflows. I wouldn't put BABA or NIO nor AAL in that category of quality. But hey...if you're making money, who cares🙂 Thanks for sharing your content Henry...good job!
it's picking pennies up in front of steam roller. one really bad dip and it will take years to recover. imagine having puts on meta, netflix when they had their crash.
Interesting watching this video recorded six months ago with the benefit of future sight. The example trades would have triggered assignment if held to expiry. I’m sure Henry would exit earlier. It would be instructive to learn when to take those losses or roll. The SPY trade in particular would have suffered a significant loss with a gap down on the very next day.
Good point
Excellent!
Nice video man. In Miami like me!
I believe your off on the math Hank. A short put with a 12 delta, means that you have around 88% probability of profit. Not 96%. If price is anywhere near long delta, you're in a very painful position. Still, not bad odds though.
Thank You for this amazing, highly informational video! Great Stuff and has helped me a lot as a new investor to Options.
Great job Henry: what delta u use to sell and buy these spy put spreads ?
More of This and Sell Put Videos💯👍🏼👌🏼
Your video is amazing. I've been following it for a long time
Awesome! Thank you!
@@InvestwithHenry Can I have your contact information
Hi,henry, I wannna say that I really like your video, it's easy to understand even though my english is not so good. thank you~! That will be wonderful if you can have a live video in youtube someday, we could see your live trading, we look forward for that😊
Excellent content!!.. one new subscriber 😁😁👍🏽👍🏽
Is it better to sell the spread on spy or the actual index itself spx?
Hi Henry. I've never traded SPY before and have some questions about your strategy. Hopefully, you and/or some of your viewers can answer them:
1) How far out do you normally go when you choose your expiration dates? I know a position can be opened on Monday and closed on the Wednesday, for example. However, is it feasible (and profitable enough) to open and close a position with a DTE of only 2 days, even for a highly liquid ETF like SPY? Is there a minimum and maximum number of DTEs that you recommend using?
2) If it's obvious that the Option's going to end up DITM at expiration (for example, the contract expires that day) does it make more sense to just let it expire and collect the full premium? You don't mention anything in the video about taking profits early, only to bail if you lose 10%+ of the premium.
What option broker do you use ? thanks for videos. quite interesting.
As usual, great video! Thanks uncle 😅
My pleasure!
Great infomation, north korea loves you.
Recently, I found that that rolling a losing option before 30 mins after the option has been opened will count as a wash sale, so I've been doing monthly trading for my bigger capital trades.
More video please. Thanks a lot!
You got it!
hI...good video..what broker do you use?
Nice car by man very specific Looking forward to learning more from you good looking out bro
Much appreciated
Hey Henry, when using the bollinger band, what interval and range should we use? for some reason when i change the interval from 1 hour to 1 day the bollinger band values change even though my range is still 1 month. I'm not sure if i'm setting this up wrong
Remember Charts follow the stock .. Stocks do not follow charts.. Good luck
If the price goes up can I roll the cash secured put up to collect extra premium and keep the date the same?
What do we do if we sell a put , the stock goes down below strike price and we are assigned.
How's selling in the money call option in this situation, considering the stock is dropping 5$ every week ( for ex) ?
Thanks for all the videos
Great video!!
Excellent video 13:50
Great video but one question. You state around the 22 minute mark that the 4% delta on the lower leg means 96/100 times you will make $70 for less than $1k. That’s not the case since the “red zone” starts below the upper leg. The delta on the upper leg will determine how many times out of 100 you will profit.
I do have a question about the credit put spread. You mentioned if it falls in the money, to close the position at 10-25% lose. What if it's not in the money? Do I just let it expire?
Hey! I’m thinking bout buying your corse I saw on another UA-camers channel. What I don’t like about but corses is the up selling. I hate to be up sold. Is this the case when buying your coarse?
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge
financial debt with just a small investment, thank you Mrs Jennifer Rose.
I invest with Mrs Jennifer Rose too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort
she put in to make huge profits.
this is not the first time i am hearing of Mrs Jennifer Rose and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of
trading with her.
With the consistent weekly profits I'm getting investing with Mrs Rose, there's no doubt she is the most reliable in the market. such a genius
she often interacts on Telegrams, using the user name.
great video-lot of points covered
Hi Henry. Are you taking a chance of assignment when it closes between your strike prices?
HE most definitely is, However, he does not allow it to be assigned, as he will close at a 10% loss (according to his rules)...
awesome video brother!
Thanks for watching
I'm fairly new to TWS and I'm interested in selling Put Credit Spreads with Bracket Orders (based on the fill price (AKA 'Parent Order') and an offset percentage). Now, I know you can automate your Profit Taker and Stop Loss values using presets. For example, Parent Order + 20% for the Profit Taker and Parent Order - 10% for the Stop Loss. However, if you don't want to use presets or you want to configure these settings manually how do you do it? Speaking of which, if you have presets configured does entering values manually override them? I don't know... perhaps someone here can answer that. Anyway, I've watched several videos where people place Options trades and use the Order Entry window to attach a Bracket Order. However, you can only specify dollar values for the PT and SL fields based on the price of the stock, not percentages based on the offset of the fill price (Parent Order). TWS is very confusing and not very user-friendly. I could really use someone's help to figure this out. I tried reaching out to IB by creating a support ticket but got no response. 😞
He’s a pro👍
18:52 when you buy this put to put in the "floor" what does that cost you does it mitigate your profit? surely it negates any profits when price goes up?
Hello - QQ for you. If the put option goes up in value do you recommend exiting that trade or stay in till it expires? With calls as soon as I hit make a certain amount I exit the trade before it goes south. Thanks!
I meant 'sell put' option trade.
Depends on your goals! I absolutely will buy to close a put if I only sacrifice 10-15% of the profit. From there, I can open another if there is more than 3 days to expiration and the charts check out- that's me though as I trade with a little more risk than others as I do weekly options.
Hello boss. Which broker are you using in these videos?
@12:22 - I believe you mean to use the word "risk" rather than chance ?
Great stuff here
Can someone explain how to upgrade to level 3 on Robinhood?
send my love vibes to Michaelthanks for all your work
Henrie i really want to thank you for the knowledge that you share. You cant believe how hard i struggle to make it out of this ratrace. Blessings to everyone & LET'S MAKE IT TOGETHER.🙏. Please keep up your work.
HELLO from the Netherlands
Thomas
When i go to the buy the put it doesnt give me the + icon to select it. What am i doing wrong?
I understand the 1st half of the video where you sell a put and even if you get assigned, you wouldn't mind. The 2nd part where you sell a put and then buy another put that is even more out of the money, what option trading method is that called?
I noticed for the small account, your sell put and buy put are made for the same day? Do they have to be? And can you also do them for the same day?
Also since your buying can you set a stop loss so you don’t lose out?
Am I allowed to sell covered calls and cash covered puts in a tax deferred retirement account or does it have to be a regular taxable account? I have lots of SPY in my IRA!
Which broker are you using please ?
You have my attention
Thank you for showing where to click and how to select the expiration.
Seems so toxic everyone in day trading talks alot but shows nothing.
how do you get to level three on RH to be able to sell shared spread
Would you do this with covered calls on the SPY? If so, could you walk us through that as well please?
you guys are baller for doing CC on SPY.. its not even worth it.. 45K+ for 100 shares? your investing 40K to get a maybe 2 hundreds? no thanks..
Can we sell puts on GameStop right now?12:30
How do I get level 3 options on robin hood?
17:40 When you are saying that volume is pretty good, what metric are you comparing it to?
What broker do you using?
Is this loophole only on RH or can I do this on any broker?
can't do spreads wtihout margin :(
Good Morning, Thank you for the videos and input. Very informative. I am a new investor and would like to get into trading options. I only have $500 in my Robinhood Acct and do not own any shares. I am also on Level 2 on Robinhood's option's so that limits me from several option strategies. I am not able to upgrade to Level 3 yet. With a smaller cash acct, no stocks and being a Level 2 what are a couple of good strategies I could use to trade options. I would appreciate any advice you you could provide. Thank you in advance for your time.
what a great way to make money... man, you are genious
What trading platform are you using in this video?
You mention getting into the spread area as a 4% chance, it's not 4%, it's 13% as your delta shows. You have a trading risk at 26% of testing/violating the short put SPY 362 level for the duration of the trade. Spreads work well for smaller accounts. This example appears to have been underwater at expiration. A 2x or 3x credit received to close a losing trade is a decent approach. Taking profits early at 50-75% of credit received is another solid approach to not get gamma slammed or pinned. This trade got slammed the last 3 days.
When do you get payed the premium? I sold a put option and I never received sny premium my account was in the red? Can anyone help with this
what do you think about it: selling put stock X at strike 100 and short selling (sell stop) stock X at same strike. You must handling only the situation when price goes at strike and then come back. What do you think? ty
Yeah i'll go ahead and say Henry is probably one of the more winning and transparent traders on all of youtube outside of huge people like SMB capital and tastyworks folks
Like wow, this is exactly what some of us who are intermediate with options want to see. Scaling up portfolios and managing risk! 🐐🐐