🚨 Hey all! Thanks for supporting the channel! If you’d like to see a more in depth breakdown of our current trading systems, we put together a quick video here - skyviewtrading.co/43Yy2c9
Unbelievable results!! This has been an incredible experience from day one with mr Charles @Charles_forex09 at InSTA.. This wasn't my first time trading but honestly I didn’t know what to expect when I first joined. After much loss. God walked me through the entire process from start to finish, which was a HUGE plus! They made the entire process so easy and hassle-free! I’m very impressed! Go to him @Charles_forex09 I will definitely be referring him to you all....i
I got introduced to alexander_weber_bitcoin on instagram almost 4 months ago, ever since then i've made so much profit trading with him, he is experienced and his got few tricks too, but whatever strategy or technique he uses it's yielding amazing results, it's been wonderful and also beneficial as i'm now trading over 2btc with the hope of making more profits. He's got a nice personality and he's very reliable also.
Trading with the help of alexander_weber_bitcoin on instagram has been a life changing experience for me, he took away sorrow and sadness from my life and filled it with so much Joy, I can't stop talking about him, his the very best, i'm so excited i've been able to make four consecutive withdrawals since i started trading with Mr Alexander. God bless you sir
I have searched far and wide for someone to be able to teach options without losing me in the terminology. You accomplish this exceedingly well, thank you.
As a newbie, I've watched A LOT of videos, listened to plenty of podcasts, and read a fair amount of online content about various options strategies. This video is the most elegant explanation of an Iron Condor I've seen. It also revealed for me the basic point that drawing the profit and loss diagram of any trade is super helpful in keeping it straight in my head as a soon-to-be new trader. Just wanted to say thanks!
Been trading options for 40 years and all I ever did was just gamble by buying just a straight call or straight put. Never did any hedging. And yes sometimes I got some good winners with that but most of the time one loses. Now I never heard of an Iron Condor till today and watched your video on it. Have to say you did an excellent presentation and I totally understand the concept and I think in the long term playing it safe for small profits instead of going for the home run wins the game.
Seriously, best option videos that I've ever seen! Good luck if you found someone else explaining a complex trade such as Iron Condor simply and beautifully as this guy just did! Great job guys. Please keep the good work up and keep the videos coming. Knowledge is the power.
Many thanks, I been tryin to find out about "best options textbook" for a while now, and I think this has helped. Have you heard people talk about - Winoorfa Option Olegroson - (do a search on google ) ? Ive heard some decent things about it and my work buddy got excellent results with it.
I been trading Iron condors for years, and this the best explanation/presentation. When someone want to know what i do. I simply refer them to this video. Keep up the good work.
Seriously thank you for this video! Like honestly you just don't know how helpful and financially safer this is. You will count ur blessings, this type of knowledge only good people give away for free!!!
Im brand new at learning this stuff but it looks very doable. Its just a matter of how much time it takes to learn it all. Very good instruction. Its nice to know that you can make money and still know how much you can lose if it doesnt go your way.
Honestly i purchased a option course 3 weeks ago and it sucks compared to yours and yours are free..The animation and then the actual set up on think or swim explains it in minutes..The course i'm in never really breaks things down on a platform , he writes it on a screen. He does explain spreads at all..MAN THANKS FOR ALL YOU DO.. REALLY !!...i been a memeber of your page for 3 weeks now and its amazing...KEEP IT GOIN
These videos!!! I cannot believe how simple you are able to explain these damn things. I was reading documentation and listening to these old dudes try to explain to me how options are traded but you somehow managed to make it more simple to understand and also explain far more details than anything beforehand. Amazing Lessons, Thank you.
Hey! Thanks so much for the kind words. We take pride in explaining these complex topics in a simple way. Thanks for watching, and keep up the hard work!!
Brilliant explanation to a fairly complex strategy. Would be glad to learn more on how one can adjust positions when the stock price moves in the opposite direction.
What if the price of the stock ends up between your 2 call prices or between your 2 puts? Wouldn't I lose even more since I have to buy the shares at a higher price and sell it back at the strike AND additionally lose the premium on the call I bought?
You are doing a fabulous education job and calling the sham educators' bluff of making education as complex as possible .Please put up something on how to do adjustments for strangle . thanks.
Thank you for the comment. We appreciate it! We do teach strangle adjustments on our site for members only. But we will consider making that topic into a free video.
Thank you. The inverted strangle generates lucrative returns for currency future options EURUSD only. It is a low stress trade as long as you can collect between 200 to 250 points when selling strangles (closer to ATM in-the-money options of 90/120 days duration. I have never traded equity options. I want to know if there are good candidates for such inverted strangles.
Luck is when Hard work meets Opportunities And for hard work to meet opportunities ,One needs to be experienced , have perseverance ,be ingenious and skilled. Earning passive incomes from the financial market consistently is really a big flex for me.
It's just as you've said it to be , Anybody profiting of WallStreet finds it as a major thing of happiness It's like having another source of consistent income except from your salary and that's a very good thing Only few traders worry about learning as much as earning and that's why they get trapped in loops of repeated losses. You making money of the market is amazing ,I wish I could say the same for myself😓😓
Personally you will never understand how profitable passive incomes are until you start investing in the financial market. Cynicism and Skepticism are the very first move to failure .Of course anyone can make profits from the market As a newbie believing to do it as someone who has been trading and making profits in and out of it is where the problems lies Experience coupled with Expertise are keys to unlock lucrativeness in the market ,lacking them incurs losses. Through the decades stock trading has proven to be profitable to several individuals around the world. But not to me because all I do is incur the striking wrath of losses😡. How do you go about making profits ??
I got into the trade market with a 6k deposit,Today I’ve more than 6 figures saved in just seven months. Even if I never even have to move a finger because all my trades are via a professional LOL I invest with Noud Mikan an expert trader ,his versatility in different markets is the reason I'm earning so much I had him trade Options and stocks on my behalf and I still remember my first payouts was $15k in a span of 15days. With Noud at the helm of my trading affairs I still go to work and live my normal life ,majorly all I do is follow - up my portfolio But I already see a well deserved retirement for me due to Noud's ingeniousness Passive incomes don't require much active work but active minds and that's why I love investing with him because I keep earning
@@mattgrimes5062 OMG!! Investing in the stocks and fx market just made me a fortune, it's been exactly 2weeks since I came across this post and I'm glad I reached out. On this day the 21st of June 2021 I just earned my very first profits off the markets. I invested 5k with Mr Noud Mikan initially only for him to place trades on my behalf and generating me a substantial amount of $13,500.I'm so glad I came across your comment I got profitable insight from it, Even if I've always known about the stocks markets I didn't have any acquaintance it can be this lucrative, sides hustles seems to be very supportive and mine doesn't even require active work lol!!, I'm still in total frenzy I'm in total love with the financial markets already.Thank again Mr Louis🥺, if it wasn't for your comment , I wouldn't have known how beneficial partnering with a pro can get 🥺🥺.
It is meant for indexes. It's unwise to use it on stocks, because you risk assignment along the way when your short puts or short calls are in the money. An "in the money" put or call that you are short on, is subject to possible assignment at any time. They don't have to be assigned at expiration.
Most videos fail to actually cover the process of how to do it. This one actually showing where to go helps a ton. Is there any risk of assignment like with spreads? And is there a stoploss? I can't help but notice a lot of systems have a higher max loss than max profit. Thanks!
The wider your condor, the lower your max profit and the higher your max loss, usually. You have a great probability of making money, but you do not make much money compared to risk.
Thats a good Point! TD Ameritrade, Thinkorswim, charges $.65 per contract for entry of trade AND exit of trade. So this scenario costs $.65 x 4 : $2.60 to enter and another $2.60 to close (if don"t let expire to zero) I think, lol. Someone correct me if I'm wrong please. Hopefully I'm wrong and since you enter an Iron Condor as one trade, theres only 1 $.65 commission charge?
Hi! Thank you so much for making these videos informative and accessible!! @2:06 you say that you are selling an option, but how can you sell something when you haven't bought it yet? Thanks!
What happens if the stock price ends up somewhere between the short strike price and the protection purchase? For example, in the video you sell a 65 put and buy a 60 put; what if the stock price ended up at 62.50?
You would get assigned and be short 100 shares of the stock at $65 a share. That basically means you need to buy it back at a price below $65 to make a profit. If the price is at $62.50 after expiration that means you could buy to close for a $2.50 profit per share(65.00-62.50). But if the stock price keeps going up, and you still held on to the stock, you could be looking at a very large loss. For example if the price went up to $70 a share after expiration, then you would be down $5 dollars per share for a total of $500 loss.
Let's say 90. At most you lose: 0 from Buy Call (90 is BEP) and - 500 (5 points from 85)= -500. Plus the sell call -> -400. But this is just theory, practice is much different
Great clear video on iron condor. Does think or swim tell what capital requirments show when you set up a trade. Again thanks for sharing you skills All the best neal
Best explanation on youtube. I wish I found these videos before I jumped into trading options. This is good information for anyone who is just testing the waters
@Christopher Theodore I experimented a lot with different strategies. It went from just buying calls/puts to eventually iron condors and spreads. Now, I am content with just covered puts/calls on securities that are stable (such as Microsoft, SPY, etc...) It's been a very good few months and I am happy that I can earn more than just dividends. I don't have any wild gains. Just small and consistent gains of like maybe $100 a week on a relatively small portfolio.
I got a question, at 5:01 he is explaining how money can be lost using the iron condor. He says that both the put options go to zero, but because he sold a put @ $65 he profits $100. This makes sense but where I get lost is when he says he lost $900 on the covered call he sold @ an 85 strike. it was my understanding that if you sell a covered call you have to own 100 shares and if it goes way ITM (in the money) the buyer of the contract can then call the contract and take your 100 shares paying you 90 per share. so if you bought the shares at 70 or 75 (from the looks of the graph) then the stock goes up and the buyer calls the shares from you. You would make 15-20 bucks a share but lose out on the higher gains of 6 points on the stocks way up to 96 and if its 100x20 that's $2000 profit. Ontop of that he bought a call making $500. I feel like I got something totally backwards but the more I think about this the more I cant make sense of it.
🚨 Hey all! Thanks for supporting the channel! If you’d like to see a more in depth breakdown of our current trading systems, we put together a quick video here - skyviewtrading.co/43Yy2c9
Unbelievable results!! This has been an incredible experience from day one with mr Charles @Charles_forex09 at InSTA.. This wasn't my first time trading but honestly I didn’t know what to expect when I first joined. After much loss. God walked me through the entire process from start to finish, which was a HUGE plus! They made the entire process so easy and hassle-free! I’m very impressed! Go to him @Charles_forex09 I will definitely be referring him to you all....i
Quick question.... What types of margin requirements are needed for the strategies you speak of in this video? @skyviewtrading
I got introduced to alexander_weber_bitcoin on instagram almost 4 months ago, ever since then i've made so much profit trading with him, he is experienced and his got few tricks too, but whatever strategy or technique he uses it's yielding amazing results, it's been wonderful and also beneficial as i'm now trading over 2btc with the hope of making more profits. He's got a nice personality and he's very reliable also.
Trading with the help of alexander_weber_bitcoin on instagram has been a life changing experience for me, he took away sorrow and sadness from my life and filled it with so much Joy, I can't stop talking about him, his the very best, i'm so excited i've been able to make four consecutive withdrawals since i started trading with Mr Alexander. God bless you sir
are you on Discord ... woud love to join your server if so, your youtube content is spot on Kudos
I have searched far and wide for someone to be able to teach options without losing me in the terminology. You accomplish this exceedingly well, thank you.
Thank you for watching!!
Agree.
Yes!
As a newbie, I've watched A LOT of videos, listened to plenty of podcasts, and read a fair amount of online content about various options strategies. This video is the most elegant explanation of an Iron Condor I've seen. It also revealed for me the basic point that drawing the profit and loss diagram of any trade is super helpful in keeping it straight in my head as a soon-to-be new trader. Just wanted to say thanks!
Thank you so much, Omar! Glad it was helpful for you. Thanks for the comment.
agree 100%
Been trading options for 40 years and all I ever did was just gamble by buying just a straight call or straight put. Never did any hedging. And yes sometimes I got some good winners with that but most of the time one loses. Now I never heard of an Iron Condor till today and watched your video on it. Have to say you did an excellent presentation and I totally understand the concept and I think in the long term playing it safe for small profits instead of going for the home run wins the game.
We are glad we were able to shed some light on new option strategies for you. Thanks for watching!
Seriously, best option videos that I've ever seen! Good luck if you found someone else explaining a complex trade such as Iron Condor simply and beautifully as this guy just did! Great job guys. Please keep the good work up and keep the videos coming. Knowledge is the power.
you can say that again! videos are so well put together. No one else does these this good.
Do u explain it like this in your course?
Yes. So clear and precise an explanation of the strategy
it really is helpful!!
Best Iron Condor explanation on the whole WWWeb, thank you!
Thank you so much!
Wow the best youtube lesson I've ever seen period.
This channel has the clearest, best tutorials on UA-cam! Keep up the good work.
Thank you!!!
3 minutes in and it all clicked...wow lol. The way you grouped the two "sells" together is what did it for me. Thanks a ton.
Great to hear! Thanks for watching!
This guy is amazing at explaining options training. I was able to digest this information with ease.
Thank you 🙏🏻
Rule number one: Never bet Tesla stock to stay flat
I traded 3 Tesla option trades today. One Put and Two calls. It was swinging back and forth. Not a bad day.
Many thanks, I been tryin to find out about "best options textbook" for a while now, and I think this has helped. Have you heard people talk about - Winoorfa Option Olegroson - (do a search on google ) ? Ive heard some decent things about it and my work buddy got excellent results with it.
haha just an example :)
NIO is the new Tesla, made +400% over the last week on it 😮
Margotta Mayhem why do you do that ratio , are calls cheaper or go up less
Finally one I can understand. Thanks so much for sharing!
Thank you for the feedback! Many more to come so make sure you subscribe! :)
I been trading Iron condors for years, and this the best explanation/presentation. When someone want to know what i do. I simply refer them to this video. Keep up the good work.
I agree Marcus. I've been using Iron Condors for a while also, and this video is the best I've seen.
Thank you!!
Finally, an easy explanation. No one cver explained how you made money or showed the TOS side like you did. That helps a ton.
U summarize vertical spread with 1 sentence, and explain profit/loss given different strike prices to me like a 5 year old. Well done.
Thanks, Thomas!
Seriously thank you for this video! Like honestly you just don't know how helpful and financially safer this is. You will count ur blessings, this type of knowledge only good people give away for free!!!
Thank you so much for the comment!
this is the best explination ive seen
Not mentioned here, but keep in mind the trading volumes when selecting your ranges.
Im brand new at learning this stuff but it looks very doable. Its just a matter of how much time it takes to learn it all. Very good instruction. Its nice to know that you can make money and still know how much you can
lose if it doesnt go your way.
You have a real talent as an instructor - great animation and organized presentation!!
Thank you so much!
Awesome brother! Clear and concise!
Much appreciated!
Honestly i purchased a option course 3 weeks ago and it sucks compared to yours and yours are free..The animation and then the actual set up on think or swim explains it in minutes..The course i'm in never really breaks things down on a platform , he writes it on a screen. He does explain spreads at all..MAN THANKS FOR ALL YOU DO.. REALLY !!...i been a memeber of your page for 3 weeks now and its amazing...KEEP IT GOIN
Really glad to hear that. Keeps us motivated to keep making more videos for you all. Thanks a bunch for the feedback and stay tuned for more vids!
These videos!!! I cannot believe how simple you are able to explain these damn things. I was reading documentation and listening to these old dudes try to explain to me how options are traded but you somehow managed to make it more simple to understand and also explain far more details than anything beforehand. Amazing Lessons, Thank you.
Hey! Thanks so much for the kind words. We take pride in explaining these complex topics in a simple way. Thanks for watching, and keep up the hard work!!
Thx for the video!!
So this is basically a double credit spread? A credit call spread and a credit put spread?
If the iron condor is out the money on expiration date, can we let it expire to get the credit or do we need to close the position ?
I used to find this super confusing when I was young. Now that I’m older for some reason it’s starting to click. Great explanations. I feel prepared.
Glad it helped!
You are making great videos
Brilliant explanation to a fairly complex strategy. Would be glad to learn more on how one can adjust positions when the stock price moves in the opposite direction.
After watching four videos this is the one that actually is understandable to my beginner mind.
So it’s like simultaneously doing a put credit spread and a call credit spread?
The best video i have watched so far on tradind an iron condor.
Thank you!
This is beautiful content. Thank you.
You're very welcome!
You have made this so much easier to understand. Great job!
Thank you so much!
Thank you! you a very clear and useful explanation
What if the price of the stock ends up between your 2 call prices or between your 2 puts? Wouldn't I lose even more since I have to buy the shares at a higher price and sell it back at the strike AND additionally lose the premium on the call I bought?
Thanks for a precious pearl! One of the nicest I have enjoyed.
I really appreciate all the help! This is my fourth time watching this video and i learn something each time.
Thanks!
Thanks, Evan! Glad you're enjoying the video!
This is the best stock video and best option video I’ve ever watched. Thank you.
Thank you!
Amazing stuff.
What is the probability percentage you go with on the legs?
You are doing a fabulous education job and calling the sham educators' bluff of making education as complex as possible .Please put up something on how to do adjustments for strangle . thanks.
You mean like closing the side of the strangle that gets tested and rolling to untested side to closer to at the money?
Thank you for the comment. We appreciate it! We do teach strangle adjustments on our site for members only. But we will consider making that topic into a free video.
Yes that's the idea.
Thank you. The inverted strangle generates lucrative returns for currency future options EURUSD only.
It is a low stress trade as long as you can collect between 200 to 250 points when selling strangles (closer to ATM in-the-money options of 90/120 days duration. I have never traded equity options. I want to know if there are good candidates for such inverted strangles.
By "inverted strangle", are you referring to selling an in-the-money call and an in-the-money put?
Best stock trading videos on the net.
Luck is when Hard work meets Opportunities
And for hard work to meet opportunities ,One needs to be experienced , have perseverance ,be ingenious and skilled.
Earning passive incomes from the financial market consistently is really a big flex for me.
It's just as you've said it to be , Anybody profiting of WallStreet finds it as a major thing of happiness
It's like having another source of consistent income except from your salary and that's a very good thing
Only few traders worry about learning as much as earning and that's why they get trapped in loops of repeated losses.
You making money of the market is amazing ,I wish I could say the same for myself😓😓
Personally you will never understand how profitable passive incomes are until you start investing in the financial market.
Cynicism and Skepticism are the very first move to failure .Of course anyone can make profits from the market
As a newbie believing to do it as someone who has been trading and making profits in and out of it is where the problems lies
Experience coupled with Expertise are keys to unlock lucrativeness in the market ,lacking them incurs losses.
Through the decades stock trading has proven to be profitable to several individuals around the world.
But not to me because all I do is incur the striking wrath of losses😡. How do you go about making profits ??
I got into the trade market with a 6k deposit,Today I’ve more than 6 figures saved in just seven months.
Even if I never even have to move a finger because all my trades are via a professional LOL
I invest with Noud Mikan an expert trader ,his versatility in different markets is the reason I'm earning so much
I had him trade Options and stocks on my behalf and I still remember my first payouts was $15k in a span of 15days.
With Noud at the helm of my trading affairs I still go to work and live my normal life ,majorly all I do is follow - up my portfolio
But I already see a well deserved retirement for me due to Noud's ingeniousness
Passive incomes don't require much active work but active minds and that's why I love investing with him because I keep earning
Mail at:
mikanoudiam @ gmail com
@@mattgrimes5062 OMG!! Investing in the stocks and fx market just made me a fortune,
it's been exactly 2weeks since I came across this post and I'm glad I reached out.
On this day the 21st of June 2021 I just earned my very first profits off the markets.
I invested 5k with Mr Noud Mikan initially only for him to place trades on my behalf and
generating me a substantial amount of $13,500.I'm so glad I came across your comment I got profitable insight from it,
Even if I've always known about the stocks markets I didn't have any acquaintance it can be this lucrative,
sides hustles seems to be very supportive and mine doesn't even require active work lol!!, I'm still in total frenzy
I'm in total love with the financial markets already.Thank again Mr Louis🥺, if it wasn't for your comment ,
I wouldn't have known how beneficial partnering with a pro can get 🥺🥺.
Best explanation I've seen so far.
Glad it was helpful!
This is the best explanation/ tutorial I've see. Wonderful. Subscribed. Ty
Your videos are amazing. I’ve been getting into options and this is so informative
Thank you!!
it does also work on indexs ?
It is meant for indexes. It's unwise to use it on stocks, because you risk assignment along the way when your short puts or short calls are in the money. An "in the money" put or call that you are short on, is subject to possible assignment at any time. They don't have to be assigned at expiration.
you are AWESOME and I love your videos!!!!!!!!!!!!!!!!!!
Thank you :) Many more to come soon!
Most videos fail to actually cover the process of how to do it. This one actually showing where to go helps a ton. Is there any risk of assignment like with spreads? And is there a stoploss? I can't help but notice a lot of systems have a higher max loss than max profit. Thanks!
Very well explained!
Thank you!
ZBdude149 I
Thank you very much. This truly was the best iron condor strategy tutorial that I’ve ever seen.
Thank you so much!
Dumb question but I’m new to options. Can you not just set a super wide iron condor and be pretty much guaranteed some sort of return weekly?
The wider your condor, the lower your max profit and the higher your max loss, usually. You have a great probability of making money, but you do not make much money compared to risk.
Very nice video. Great explanation and visual
Thank you so much!
Very nice presentation.
Thank you!
hello Rajendra, Pl contact dinkar1944@gmail.com to exchange our views and experience in option trading. Thanks.
The commissions seem to be a big negative in selling these from what I am seeing.
Thats a good Point! TD Ameritrade, Thinkorswim, charges $.65 per contract for entry of trade AND exit of trade. So this scenario costs $.65 x 4 : $2.60 to enter and another $2.60 to close (if don"t let expire to zero) I think, lol. Someone correct me if I'm wrong please. Hopefully I'm wrong and since you enter an Iron Condor as one trade, theres only 1 $.65 commission charge?
Hi! Thank you so much for making these videos informative and accessible!!
@2:06 you say that you are selling an option, but how can you sell something when you haven't bought it yet?
Thanks!
What happens if the stock price ends up somewhere between the short strike price and the protection purchase? For example, in the video you sell a 65 put and buy a 60 put; what if the stock price ended up at 62.50?
You would get assigned and be short 100 shares of the stock at $65 a share. That basically means you need to buy it back at a price below $65 to make a profit. If the price is at $62.50 after expiration that means you could buy to close for a $2.50 profit per share(65.00-62.50). But if the stock price keeps going up, and you still held on to the stock, you could be looking at a very large loss. For example if the price went up to $70 a share after expiration, then you would be down $5 dollars per share for a total of $500 loss.
You explained it very well. Thank You.
Which platform is it ??
Amneet Padda TOS
Outstanding. Thank you ❤
What happens if the price stay between $85 and $90?
How much would you lose?
Let's say 90. At most you lose: 0 from Buy Call (90 is BEP) and - 500 (5 points from 85)= -500.
Plus the sell call -> -400.
But this is just theory, practice is much different
best explanation of an iron condor I've seen.
Thank you!!!
can I sell a dynamic iron condor for 45 DTE and still collect 50% credit
Great content man !! Keep up the good work 👏👏👏👏
More to come!
free money: do the exact reverse of this right before tesla earnings, 900% chance of it going wild
What is the exact opposite of an Iron Condor? Thanks a lot for taking the time to comment and share the idea
Neeraj Nair the gold condor
@@CausticCollectibles thank you so much fo taking the time and effort to share the information 😊
@Alex 163 Thanks a lot, I wasn't able to find anything about the silver condor after a quick Google search, could you help me out??
Bahahhah
Terrific job, this is very helpful.
Thank you!
lmao, tesla iron condor
yep, worst example
This guy explains everything very well in all his videos
woah, i actually learned what an iron condor is and how it works. this was by far the best explanation i ever watched! good job!
Thanks so much for the kind words and for watching!
Great video bro!
Thank you! Much appreciated!
nice video, i will give it a 9/10! pretty high, so i subscribed you.
Awesome, thank you so much for the kind words and for subscribing!
A good & clear explanation... keep it up !!
Thanks a lot!
Great great training video
Thank you!
This explanation is laid out beautifully.
Your visuals are really well done and the information is explained in a clear and effective manner. Make more of these strategy tutorials please!
I have been studying iron condors for awhile, but haven't actually tried one yet. Maybe this week ! Thanks
Very informative thankyou I have a few stocks that are perfect for this that trade flat or sideways as u say
Excellent teaching... Love u.
Masterfully explained & illustrated. Congrats.
Superb. Thanks for the video
This is VERY well done. Best educational video on options I've seen.
Thank you for this great lesson!
My pleasure!
Fantastic explanation!! Just too good!!
Thank you very much Sky View, I understand your brief and concise...direct to the point lesson. Your a very intelligent person.
You are very welcome!
Great clear video on iron condor. Does think or swim tell what capital requirments show when you set up a trade. Again thanks for sharing you skills All the best neal
Great video and thank you. The graphs were especially helpful
Best explanation on youtube. I wish I found these videos before I jumped into trading options. This is good information for anyone who is just testing the waters
Thank you, Randy!!
@Christopher Theodore I experimented a lot with different strategies. It went from just buying calls/puts to eventually iron condors and spreads. Now, I am content with just covered puts/calls on securities that are stable (such as Microsoft, SPY, etc...) It's been a very good few months and I am happy that I can earn more than just dividends. I don't have any wild gains. Just small and consistent gains of like maybe $100 a week on a relatively small portfolio.
In the first case what happens if i exit the trade before expiry will I still make 200doller profit?
Well explained! So many other videos I have watched left me confused.
very clear and super explanation. honest & simple
I got a question, at 5:01 he is explaining how money can be lost using the iron condor. He says that both the put options go to zero, but because he sold a put @ $65 he profits $100. This makes sense but where I get lost is when he says he lost $900 on the covered call he sold @ an 85 strike. it was my understanding that if you sell a covered call you have to own 100 shares and if it goes way ITM (in the money) the buyer of the contract can then call the contract and take your 100 shares paying you 90 per share. so if you bought the shares at 70 or 75 (from the looks of the graph) then the stock goes up and the buyer calls the shares from you. You would make 15-20 bucks a share but lose out on the higher gains of 6 points on the stocks way up to 96 and if its 100x20 that's $2000 profit. Ontop of that he bought a call making $500. I feel like I got something totally backwards but the more I think about this the more I cant make sense of it.
Naked not covered strategy. That's why he only risked $300 loss.
At 4:54, what if the stock price ends up at 89.5? Bigger loss is seen?
Very clear explanation!
I actually understood your explanation, thx!
thanks, brother. very useful
videos are easy to watch. thanks
What platform/brokerage are you using?
excellent vedio..all the best..
excellent explanation...thanks!
Excellent video.