🚀 How to Sell Put Options With a Small Account - Even With Only $500!
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- Опубліковано 19 чер 2024
- 🔥 Learn how to sell put options even with a small account! Join Rick Orford, author of 'The Financially Independent Millennial,' as he guides you through generating additional income by selling put options, no matter the size of your brokerage account.
Why watch this video?
🚀 Rick has been trading options since 1996 and is a Wall Street Journal bestselling author.
💡 Discover how to significantly reduce the risk of assignment while maximizing your income potential.
🛠️ Get a step-by-step explanation of the bull put spread strategy, perfect for beginners and seasoned traders with smaller accounts.
📊 Learn how to use credit spreads to your advantage, cap your potential losses, and make informed trades using technical analysis indicators like RSI and MACD.
🤖 See how tools like Option Samurai can streamline your options trading, making it more efficient and profitable.
What you'll learn:
✅ Basics of selling put options and managing risks with smaller accounts.
✅ The concept and benefits of the bull put spread strategy.
✅ Applying technical analysis to improve your trading outcomes.
✅ Utilizing option scanners for finding the best trades.
✅ Practical examples to demonstrate how you can start selling put options today with just $500.
🔗 Links and Resources:
📈 Detailed Guide on RSI: rickorford.com/rsi-momentum-t...
📉 Detailed Guide on MACD: rickorford.com/a-primer-on-th...
🥷🏻 Option Samurai: rickorford.com/samurai
🔔 Subscribe for more insightful videos on stocks and options: / rickorford
Join the Community:
Got questions or tips about selling put options? Share them in the comments below! Let's build a community of smart, disciplined traders.
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#PutOptions #SmallAccountTrading #OptionsTrading #RickOrford #FinancialIndependence #InvestmentStrategies #TradingEducation
DISCLAIMER: This video is for educational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions. All information and data on this UA-cam Channel is solely for entertainment purposes. I'm not a financial advisor, nor licensed in any way to provide any financial advice. The information herein is based solely on my personal opinion and experience. All investments hold inherent risk, and the information provided on this UA-cam Channel should not be interpreted as any kind of guidance, recommendation, offer, advice, or suggestion. Any ideas and strategies discussed on this channel should not be implemented without first considering your financial and personal circumstances or without consulting a financial professional. Screener data as of premarket, April 4, 2024.
🔥 Join me on Discord: rickorford.com/discord
Thanks for letting us know about this, I have joined!!! Great little opportunity
Thank you! EXCELLENT presentation. Did not know about about Options Samurai!! Most helpful!
Happy to help! Let me know if you have any questions about it!
Dude, get yourself one of those little bluetooth microphones! It will affect production value way more than you think.
Thanks for making this video. IMO, the world needs to know more about credit spreads and how selling options is the safety way to trade options For you video, I would recommend that in the beginning, you state that the minimum account balance needed for a Level 3 options account is $2,000. You will need a $2K account just to start trading credit spreads. At least this is what I know, from the US, trading in a Webull account. Then I would mention that that the smallest credit spread you could trade is a $1 wide spread. This will cost you a maximum of $100 per trade.
These are the two things I would add to your video. Just though I'd share. Keep up the good work. :)
Thanks for the kind words!
As for minimums, these will be set by the brokerage. Webull has their rules, as do the others, and aren’t always the same. As a result, I try to stay clear of discussing individual brokerage accounts.
On that note, what’s your favorite trade these days?
I really find this video helpful. I loved learning the bull put spread as a way to learn and practice. Thanks for explaining RSI and MacD and giving parameters. I also like the tip of closing the trade at 80% profit.
Glad it was helpful! Let me know how a future trade works out!!
👍thx
Thanks for watching!
Did you have exercise that SPY put spread?
As a seller, you wouldn’t assign… your goal is for the short option to expire worthless.
Great video with easy to understand explanations, Rick, thank you! Do you have a video that goes over pin risks and risks associated with one-leg early assignment?
Very kind of you to say.
I might have something. Let me know if it’s what you’re looking for- otherwise, ill get you in the right direction.
Video: 🔥 The Risks of Selling Put Options: Is It Safe & When Should You Do It?
ua-cam.com/video/vFf1Ty6yFhE/v-deo.html
@@RickOrford Thank you! I am adding this to my watch list.
Can I be assigned before expiration?
Yes!
Great content
Thank you!!
I am bewildered.
At 6min 9sec you said: "As long as the strike price stays above the break even point -- which is the premium less the short strike price -- you'll be profitable."
I expected you to say: "As long as the MARKET price of the underlying (stock or what have you) remains above the break even point -- which is the premium received from the short put less the COST of the LONG PUT -- you'll be profitable."
If it is apparent to you why I am confused, could you please tell me where I have gone wrong?
Is there a successful strategy for ladderimg options to generate monthly income?
Sounds like a topic for a new video. The thing is though, once you start selling options on a regular basis, income will come in regularly- especially if you’re selling credit spreads.