Retire Trading Options With $350,000, Selling Puts and Covered Calls ONLY
Вставка
- Опубліковано 8 вер 2024
- Discord - options.invest...
📧Get My Emails FREE Here: www.investwith...
Optionsfy AI Signals - www.optionsfy....
----------------------------
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!
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Actually, I've shuffled through a few advisors in the past, and “Colleen Janie Towe” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.
Insightful... I curiously looked up her name on the internet and I found her site, 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 sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Yo, this strat is valid. Selling 20 delta puts gives you a wide margin of safety. 20 delta means a 20% chance the option is going to be ITM at experation. So you end up buying at a low price when you get assigned. The part no body talks about is the fundamental analysis that you should do first before selling a put. The best position to take is one where the whole market is going down draging a good(buy and hold) stock with it, selling a put and get assigned.
You will also make great capital gains if you sell 80 delta calls because it is unlikely a stock will rally a lot in 15 to 30 days. If it does that MIGHT mean the stock is over valued and you should sell(by getting assigned).
@@PrestonOrlando what kind of measly premium would you get for selling 80 delta?
I got assigned when Tesla dropped way below 30 points my strike price. Was in the hole for a while.
I got assigned Tesla at $170, on a spread that I had sold. Telsa ended up dropping close to $100. I held the stock all the back up to the current price range ($240-280 as it fluctuates week by week). So I really understand the concept of selling puts on QUALITY stocks that you want to own outright. Over time, quality companies can typically ride out any economic downturn as their quality will shine through. On the other hand, I sold a put on AMD at around $77 strike, but I was second guessing myself and ended up rolling and rolling. Eventually the put expired and I made pocket change but missed out on AMD's value rising to over $100 per share. To Henry's point, if you get assigned on quality stocks and you've made a good choice, then should end up winning one way or another - selling covered calls and exiting the stock, doing the wheel strategy - or just holding on as your stock climbs and climbs.
LOL so why the "H" are you wasting your free time here commenting under trading videos since you are no doubt a Millionaire and soon to be Billionaire? LMAO
I still find it difficult to start investing I still. I my knowledge of the market is still wobbly
I have come across him already. Yea I was a cook for 4 years and was going to start school to become a full chef and then the pandemic hit literally a week before classes were supposed to start. So yea being in the hospitality industry I lost almost everything. So I had to start over. Things changed when I came across Chris Stewart who is a disciplined trader. I have been able to make profits consistently. This pandemic helped me take my finances more seriously. Thanks for your help once again Chris.
So many people are making a lot of money off the stock market. Investing is the best way to escape the matrix
I started trading in the stock and crypto market a few years back and I wasn't gaining much but after getting a professional broker's support it was much more better I have made atleast 600k since thanks to him
I also recommend CHRIS RYAN STEWART. his info is available on ONLINE
He is always available, and you can always look him up on the internet.
CHRIS RYAN STEWART.
1. No way you are consistently selling at 3% premium per month, unless you consistently sell at the money, which requires your portfolio to trade sideways perpetually (which ultimately drives down volatility and hence premium)
2. If u use this strategy for income, obviously the concept of compounding becomes irrelevant as u use received premiums for income
As a general remark for all viewers to these type of channels
Anyone getting 2-3% consistently in premium, clearly does not need a youtube channel (for income).
Any prompting the wider audience to ride the bandwagon and sell options would kill the exact business model of a premium seller. Overselling = lower premiums
These channels make more money on youtube than they do from premiums
$305 or $350? Video title is wrong
Henry now that I have ur attention, can you make a video on how you balance detail exposures ?
how to sell puts safely in terms of coverage? assuming that you can afford to pay for the 100 shares; this is whats stopping me. need like $10k+ to deploy in case of assignment.
I'm selling puts on NIO and doing covered calls on PLTR right now and nothing else. That's the only stocks I can afford right now, but I'm doing well so far. I'm able to exercise positions every few days or a week and make money!! 👍
dont mind me asking but what are you getting for premium on NIO with your puts.. i mean, you are giving up over $1000 collateral to get what, $10 premium? O_o
@@josephsaeteurn9158they could be selling a month out and getting $50-70 depending on strike. Week to week isn't very good on cheaper stuff.
You can do KEY & AAL
Henry I’ve been doing this strategy for a few years with $100-$200k I refer to it as “options harvesting” strategy. Every week I have $10-$20k of outs sold expiring so each week I’m harvesting premiums selling puts 3-6 weeks out I live off of this strategy. If ever assigned on puts I sell calls. You helped me in 2020 learn a lot about what I do full time now. Thank you brother you changed my life would love to get dinner if you’re ever in tampa Florida
@in2thewild - can you share/teach me your options strategy that is working ?
Would this strategy have worked with PayPal at all time high? Answer is a clear no if you ask me.
Wheel strategy (sell puts..and covered calls) can work as nice described...but good luck selling covered calls if a stock keeps falling like paypal did.
Better strategy: sell puts and never ever get the stock booked in.
If the price of the underlying keeps falling try to roll or buy the put with some loss and have a look at a different underlying.
Please make videos on Supply Demand zone of Technical analysis and Unusual option activity
Notes
About to get started with selling Covered calls. Subbed.
Selling put is a bullish strategy. You will be in trouble if the market/undervalued stock drops lot. I will be cautious to sell put in the down market. What options do you use for volatile market?
correct. i would hedge on nadex options instead
I like AAL and SOFI buying and selling calls. What are you're favorites?
This is the exact strategy i want to implement with 300k looking for $6000 @ month
you only need 30k to make 6k per month if you diversify on Nadex trading like many others.
The underlying stock price comes down after I sell a put, then the selling put position becomes red. If the stock price keeps falling, the red number climbs up. If the stock price hits the strike price, and I buy 100 shares , the red figures will not be my real loss? I don’t understand this, could you do a video with an example to show this please if possible
You're supposed to sell a put option on a stock you would like to own, but at a lower price than it's currently at. So let's say it's currently at $100, but you'd like to buy it at $80. So you sell a put with a strike price of $80. Now, let's suppose it goes all the way down to $70. You still have to buy it at $80. That means you're buying it for $10 more than it's worth. That looks like a loss of $1000, but you haven't really lost $1000 if you think about it. You own the stock, and you got it at a lower price. Since it's a stock you were hoping to have, that means you anticipate it going up. So you just hold on to it until it DOES go up. You haven't lost anything unless you sell the stock below what you bought it at. If it's the good stock you thought it was in the beginning, it'll climb above what you bought it at, and you will have made more money.
@@philochristos well had he not sell put and buy it current price, he would be buying at $70 instead of $80.. the premium doesn't even offset the lost.. what someone thought is a good stock doesn't mean its a good stock.. if we know, then we all be rich..
if you sell put say at $10 and the current price drop to $8, you will be in the RED when you are assigned. what Henry is talking about is when you sold the put, say at $10 and the current price of stock is $14.. as stock price drops, your option turns red because of the Greek. if it drops to say $10.25 you will be BIG RED but if it stays above $10 on expiration then those RED will just vanish.. you lose nothing.
Henry, thanks again!!! Didn't think to just wait til end of theta decay to buy back a call if its not going my way!!
why do you get assigned close to expire date? For example if you sell a call for 6 months expire and it reaches strike price in 2 weeks. I would expect it to be "called away" the next Friday. (as soon as strike price is met). Problem I see is that capital is locked and stocks not assigned to call buyer.
Thanks uncle Henry! If not for selling puts on AMC stock this last month I’d be up 40% in my portfolio YTD. I never used to win when I played the stock trading game. Options are the way to go!
I did the same.... just learning about the wheel strategy, and the premium on AMC was so juicy that I totally forgot to do a single bit of due diligence. I knew in the back of my mind that it was meme stock and to be careful, but I assumed that since it had just been sort of chilling sideways for a long time, I was probably OK. A brief search would have revealed the coming 10-1 reverse split and the APE share conversion on my expiration week ☠Now I own the stupid thing for a $1,300 loss, and the real kicker is that because of the reverse split, I now only own 55 shares so I can't even run a covered call on it if I wanted to.
#learningthehardway
@@chrisdallaire2668 I would recommend NIO , AAL, for some cheaper stocks to run the wheel strategy. I’m only 23 myself with about 15,000 to play with I wish I could run the wheel on google stock but that would cost about 13,000 to start up and I don’t want to put all my eggs in one basket incase things blow up for google.
@@chrisdallaire2668 I lost about 2.5k on amc put options. On of the riskier plays I like running the wheel on is Dutch bros and it’s worked for me nicely. It’s a good for sector diversity. They are an up and coming coffee chain, that me and my wife love to go to. They expanded revenue 34% this last quarter YoY. and I have high hopes for their stock moving forward. They always have lines wrapped around the restaurant, it’s a little more expensive at about 29-30 dollars a share so running the wheel would probably cost you about 2800$ with a 2% monthly return
Hi Henry - i have a question. lets say selling call premium i got for this month is 3k. if i want to withdraw that 3k then my portfolio will be decrease 3k as well. So this case i dont think it's a good idea to withdraw as passive income. Please let me know your thoughts. Thank you!
My portfolio is only 70k but with the wheel strategy I'm making a minimum 2k a month usually 3k all on stocks I would buy and hold anyways
What stocks are you wheeling? Weekly or monthly?
@ht012805 it changes per month but right now KWEB, CVS and PYPL
@@ht012805 TSLY is the hottest ETF at the moment.. people are posting incredible monthly dividends.
if you can diversify 10k on nadex options, you can make extra 5k-10k per month. the stock trading time cost is too high.
You can’t make 3% a month selling 20 delta puts unless you’re choosing very risky and volatile underlying
The link to your video on rolling doesn't seem to be working
If somebody doesn’t have enough capital yet to get into selling puts, which strategy would be better? PMCC’s or Iron Condor?
When do you sell the calls and when do you sell the puts? Or do both in a strangle
Absolutely! I showed a snapshot of mine in your course chat yesterday and I was scared, but by waiting and letting the time decay happen, I am seeing improvement. :) Thank you as always for your great advice!
What Plat from do you use to trade??🤔🤔
@@JoseFernandez-mj9pi I'm currently using Fidelity.
Question: If you incur losses, can you repeat this option strategy under the same stock? I wonder if I can get the tax benefit for the loss or not. Can you do a quite video about how to avoid getting into tax problems doing option trading?
I seen you covered options and i love seeing your videos because its validates all my research and all my work that im going but the only thing i havent seen or maybe i missed it. You dont talk about rolling over options and puts.
Two weeks ago I sold a Tesla option on my shares for $8. with $2 upside; Tesla roared past my option strike price and some friends were snickering, I wasn't. I made $10 a share on 300 shares...I got a nice piece of the move and that's perfect!
Yea until the market drops 60 percent over some black swan event and your net liq goes from 300k to 75k because your short puts long shares. All stock are correlated in a crash. Nothing to do with fundamentals
Exactly that’s what happened to Markus from Rockwell Trading. Then he just buried the account so new people wouldn’t see how he blew up his account!
Lots of hustlers on You Tube , why doesn’t Henry show his actual accounts and results!
@@gordontomaszewski1420 they always say it will recover but the spy has not recovered from dec 21. It was at 485 after almost 2 years. Nobody will average over 8 or 9 percent over time selling premuim. Been proven over and over again
💯, that is why i always our clients to diversify. trading option, gold, btc, oil.
Yeah and? If you are the typical index investor, your shit drops 60% too... If you know what you are doing, you hedge for huge downturns anyway. You give up a few percent in gains each year, to make sure a big black swan event doesn't hurt you.
Thumbnail says 305 but tilte says 350 which one is it?
it's safer to do CD and Tbill ETFs. You still can lose selling options if you pick the wrong direction.
Last 8 months? 😂 305k in spy for the last 8 months returned almost 7k monthly. In QQQ 305k, returned 16k a month. Everything seems easy with a market going up, just holding it beats cover calls or puts. I mean, I love options but we have to be realistic!
He sells courses like every trading clown on UA-cam. He is not interested in facts.
what stocks was he selling puts/calls on?
An 11 min video about the wheel lol
Hello Henry
I’d like to take your class how do I get a hold of this
link in description or email uncle@investwithhenry.com
What do you think of doing cc/CsP on TSLL??
which stock did your student trade to make $6500/month? I have been selling put on MSFT every week.
Does any brokerage pay interest on the cash collateral on a sold put?
Fidelity pays 4.99% on cash in the account even if held as collateral from what I'm told
Love to video on wheeling SPY and QQQ
if im making $20k a month selling options, what is the max mortgage payment i could take on?
@Tapprofiletowasapme no
the problem is you cant make it consistently.
@@Nadex2015 for last 12 months it’s been pretty consistent. $15-25k
Love yo Vids Unc
Nice. Then you can sell a covered call that stock you picked up selling a put on the stock
Henry, you ought to do some real time q and a and have some live streams. That would be helpful
Yea that’s a good point
@@InvestwithHenry dude, you have no idea how much I've learned from you. I've been sitting on 6 figures stressing what i need to do next besides being diversified in real estate and good quality stocks.....but this concept of covered calls and puts make so much sense and play it safe. You are the 🐐
I been searching for such consistent results and today your video came out. ❤ Would you mind to demonstrate this please??
check my channel. there is trading journal for years.
I’ll be at 200k CAD saved by about this time next year. Will that be enough to retire ?
forget making million dollar over night.. lucky to make million dollars in my lifetime. selling CC, sure it generates income but its very minimal . $20 a week per contract.. you will need a lot of capital..
Are you on Twitter?
Okay then give us 300k I’ll do that too
Only for the wealthy folks......people who already have tons of cash
Click bait title. This is just a wheel strategy vidro, no transparency.
note that in the past 8 months the stock market went up ~20%. Selling put is a bullish strategy, I had similar luck when I started selling put when the bull run started in 2020, until I had quite a loss when the market dropped in 2022. It's a proven strategy if you or anyone can show positive return during the covid crash or 2022 bear market.
This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Mrs. Maria Reyes for improving my portfolio. keep up with the good videos.
I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.
Mrs Reyes changed my life because of the high profits I got from investing with her.
You invest with Mrs Reyes too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I got a whopping $40k from mr Zach Davis, Sir your analysis an strategy is very good. I’m grateful for this huge returns
On telegram
@ zachdavis
It's about real return. trading is so hard right now if you can't adapt, you can't survive in this market. I learned the hard way. As I put 1600 usd into trading with Zach Davis, I started winning all my trades and it was nice to wake up to an extra 30k
On telegram
@ zachdavis
High winning strategies! When you do the right thing and follow the right steps you will never lose your trades, from 22% win rate on a small account (100 euros) to 250 % win rate with Zach Davis, $26k returns, I cannot thank you enough for what you are doing for me
On telegram
@zachdavis
Is it me or does it look like Henry just woke up 😮? It may be his hair. Do not mean to offend, just thought it was funny. I’ve seen other videos and he looks a lot more presentable.
I didn’t comb my hair 😅
@@InvestwithHenry no worries, great content. Keep up the good work.