Henry, I so much appreciate that you show your account and are so transparent. There are so many UA-camrs who walk through their trades and show a spreadsheet. But that’s BS. You put your money where your mouth is and it is much appreciated. Props to you.
This is 0ne of the best explanation on a Selling options that I've seen! Your explanation makes it very easy for me to understand and I really like that you walk through your thought process of constructing the trade too. Thank you
But it’s tricky. Just because a stock is cheap doesn’t mean it’s a good investment. You need to make sure the company has a solid business model and growth prospects.
I know a good CFA, Aaron Morgan Bell, could provide insights into which sectors are poised for growth and which companies within those sectors are worth investing in.
When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with proper guidance.
After watching several UA-cam tutorial videos about trading I am still making losses, please I'll appreciate any good pointer on how to earn sustainable income
Making 1m dollars sounds like a lot of money if you've never earned high figures before. It might seem like an obsolete objective, but the truth is new millionaires are created each day.
@@janetSully-q2w >Well, it's all about positioning and how valuable you are to the marketplace. If the marketplace thinks you deserve 1mm dollars or more, it will in turn give you that amount.
I knew you had the best videos but this tops them all. Look forward to more boot camps and challenges that you offer. I’ve learned so much and more everytime you post a new video. Your option strategies are so easy to understand and the way you break it down in simplest terms in your training challenges are top notch and affordable
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
It’s far from luck to be honest. I had to learn the hard way. I started trading using just speculation and lost huge sums twice. I know that learning the ins and outs of the market isn't for everyone, and that's why personally, Jonas Herman, an expert trade analyst oversees my trades in ways that have me good returns.
To me, trading is not worth it and I know that's the same mindset holding me back from taking a step forward in my finance. It’s all gambling. Could be because I’m new to it, I can’t tell.
Selling credits doesn't immediately put money in your account. A lot can happen between selling credits and expiration. Getting assigned the stock doesn't always work out either. Many times, I have got assigned and had to wait weeks for the stock to recover back to the price I bought it at selling covered calls for pennies. Of course, I could make videos showing my account going up making me feel better for a while.
If you are trying to build your account then this would be a long-term strategy, like 5 years. So you are not concerned so much with the stock value. In fact, it is more advantageous if the price goes down because you can buy more shares at a lower price. You will have to be strategic with your strike prices though so you are not assigned a call that blows past your strike. If you are like this guy and already have a huge bag then this is an income strategy. Again you are not worried about the stock value as long as you maintain the number of shares. Each contract produces income so as long as you maintain the number of income-producing contracts you are unconcerned with the stock valuation. However, if it sinks low enough it will impact the amount you can make per contract.
Amazing stuff Henry! I am also making a couple thousands every month selling options (both CSP and CC). I reinvest the premiums back in buying SPY or QQQ though :)
Just watching this video in November. This was the most informative video I've seen as a very beginner investor. Thanks for the transparency and actually walking us through the process! Great video.
Subbed because of this video. Learned about yahoo finance, selling puts to get better deals on stocks you believe in, using that strategy to average down. thanks for the gold!
This was by far the most important video I have seeing on options trading, your video has opened up a new wide door of opportunities, thank you so much!, this has been helpful!.
one of the best videos you have put out... Great seeing how to take positions, manage and even execute new ones. Perhaps start doing this weekly or ever couple weeks and just give the live to your paid members and all us fanboys get the day after to be fair. Great video, I watched the whole thing
One thing I'm unclear about is. On put sells is the est. Min credit that you receive the amount that you are credited after what you've paid for the contract?
You will recieve the credit as soon as you execute the contract. You will have the obligation to to purchase the shares at the contract strike price at date of expiration should the price drop at or below your strike price.
@jasongittelman6069 thanks for the info. Is the credit you receive after the expense of purchasing the option contract. For example, if the option is $0.50 for 100 shares. The cost is $50. And the est. Min. Credit is $100. Is that $100 after the $50 spent to buy the contract?
@@cleanearthhaulingjunkremoval you seem to be mixing the two together, when you sell a put or a call you receive a premium to do so, when you buy a put/call you pay a premium to do so. so for selling a put , say prem is .50 *100 =$50. now if you were buying these puts you would have to pay that $50
Thank you for your suggestions, I have been following you for some time and I will continue to do so. Check the resolution of your videos because it looks a bit tarnished
This video is a bit misleading. As a beginner you do not have the huge collateral of $250,000 to sell 50 contracts of CSP on CMG to make $7+k for a month. Besides it is still 30 days to go, it is not certain that you will be profitable! If the share price drop drastically…you will be in deep red. He is always gung-ho on how much $$$ he is making. Just be careful about your position size re: wheel strategy.
I agree, always promoting how much is he making, i ve being doing options for 4 years and just recently i am able to bring in decent monthly option income, but being leveraged with alot of contracts can be catastrophic if it goes against you.
Think , he should shows us , how selling options , can generate income with .. 5k , 10k , 50k , 100k .. portfolio.. different stocks for different, price points
Henry thanks for the explanation and the Robinhood screens, and you were totally right, If is there you can do in order to explain a bit more of your technical analysis, it will be greatly appreciated…Once again, thanks and Blessings…💪🏽💪🏽💪🏽
New at this been watching ur video's this may be a stupid question when is the best or must time to roll over and for beginners wat platform would u recomend so many out there robinhood,ameri-trade,webull, E*trade,interactive brokers
Thank you for that! Really appreciate it! I always wanted to try options but was afraid because I didn't have a clue. I'm gonna give it a shot with single contract trades! Again thank you so much!
For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2024 with $20k and I'm up with $232k in a short period of time ...... ....
I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments?
I started working with kianal back in February, and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months sometimes lesser and now they are multi millionaires.
You used $687,000 in collateral to make those trades. The lowest one was $72,000. How does this translate to a normal account with $25k to $50k? Maybe $1k in 6 months like the AMZN trade you did?
@@AntonMarouncorrect. There's always keyboard warriors that know everything. I personally do this & I make money. My portfolio isn't as big as Henry's, obviously, so I make a couple of hundred bucks per week right now, same strategy, less money, still works
On a 38k acct last Friday, sold 2 pltr puts and 4 nvda puts, for $600+. Yesterday, bought back the pltr for .06, and tomorrow the nvda puts should expire for 100%., so it’s very doable
You’re a great dude! To share your knowledge, and experience for free, even though I don’t have any idea what you’re doing, I certainly would love to know? I was scammed out of my retirement 457, that I had 30k in, after taxes! Stupid move, I recognize that, but I live off my pension.
Hey Henry, I noticed your AA calls that you traded for 3 weeks out. If you rolled that option, wouldn't it potentially cause a wash sale loss if you incur a loss during that time frame despite rolling?
I’m going to watch this several times and learn this. Working in customer service is turning me into Hannibal Lecter listening to these crazy fux in Baltimore
He's having fun. also qqq and spy are both around $500 so to do a covered call you need 100 shares at least which would be $50k for qqq for just 1 covered call. With that same money he can do 10 covered calls in cmg. Of course the premium adjusts for each but still
For clarification, do you have to first buy all of these stocks to be able to perform option trading as I am still unclear if you own just the contracts or if you own the assets you are putting up for sell as option puts and calls. Sorry for the ignorance I trying to get clarity on what I need to get started with option trading.
dont listen to these guys u have to have 100 shares to sell 1 option. theres ways around it like buying a leep and selling a contract on that for less capital tho
First two mins of video you said airlines cannot go bankrupt. I researched and it is so true. I did not realized governments subsidize airlines so heavily every year!
He uses Robinhood. It’s the best option trading platform and also the lowest fees. Robinhood charges 3 cents/contract (it’s a regulatory fee). Vanguard charges $1/contract and Fidelity 60cents/contract
Mr. Henry, ive started selling credit puts...question i have...when an order isnt filled and is automatically canceled by Robinhood do i still keep the premiums or are the premiums taken back?
Hi Henry, if I am starting with a small account, like 10k capital would you still suggest selling puts and cover calls options as your preferred strategy.
This video is misleading. Not for beginners because u will need loads of collateral (I.e. cash) for this strategy. Profits from selling options ONLY materialise upon expiration or WHEN THEY ARE CLOSED.
I think if you have 10-20k you could generate 3% return on capital a month just selling puts. I do use margin but I keep my buying power utilized under 30%, on Friday I sold puts expiring in 30-45 DTE on 8/15/2024 on AMD, HOOD, and GTLB and that used 23.7% of my total buying power to bring in $397, I'll close each position at 50% or 21 DTE and then do the same thing on other stocks or the same. I've done this 2-3 times already and have met my 3% return on capital for this month.
Good day Henry AI just expose me to your channel , so far it’s real informative and structured with your options trades . Am very interested in covered calls . Would like analysis on Rivian which I hold 1000 shares and how to approach some option calls Thank you
congrats on 3 ms unc henry, remember I was watching your channel when you first started and old videos . amazing to see how far your portfolio has come. and congrats on the $45,000 bag in a day as well, that's an salary wow. Damn uncle henry Im trying to build my baby account
There is one thing no one is telling you about those kinds of strategy and I find it misleading. When you sale a put option and they say I get paid for it and cash in immediately this is not true at all. If you do have put option and you aim to close your account your broker will ask you to buy these short options at current value. You only cash out the difference once it is sold or expired. Which can make a huge difference.
how much to subscribe to your discord only. I do not need coaching I understand about trading options. I am only interested to see/know your plays before they explode.
Rolling a covered call is a strategy that involves closing out an existing covered call and replacing it with a new one. If the stock price rises above the strike price of the covered call, the call is considered "in the money" and the risk of assignment increases. To reduce this risk, he will roll the call to a higher strike price.
He mentions this in his videos, he rolls the option with a feature on the broker called 'roll' instead of buying back the option and selling a new option. (my broker doesn't have the 'roll' option, his does)
I really enjoy your videos I have a small account $5000 Would it be possible for you to do a video on Palantir selling puts and call or put credit spreads the one you believe is a better strategy. Thanks.
Henry, I'm at 10k in my account, what would you recommend for stocks to sell puts at the moment at this size of portfolio. Or, should I wait until over 25k to begin this strategy?
AAL is trash, technically… I get you’re probably net zero on this with the wheel strategy. What other moderately priced stocks do you recommend (not advice) for doing the wheel on?
he hasnt made a dollar during the video, he has simply opened new positions. If over the following weeks the market goes is his favour, he will make those credits, if it goes against him he could stand to lose many multiples of that!!!
Henry, I so much appreciate that you show your account and are so transparent. There are so many UA-camrs who walk through their trades and show a spreadsheet. But that’s BS. You put your money where your mouth is and it is much appreciated. Props to you.
Thanks so much appreciate that. I take transparency seriously.
You worked on Wall Street? You specialized in Restaurants?
You mean you brought them their Uber orders 😂
I know what you’re trying to do.
This is 0ne of the best explanation on a Selling options that I've seen! Your explanation makes it very easy for me to understand and I really like that you walk through your thought process of constructing the trade too. Thank you
I’ve been on the lookout for some cheap growth stocks. Do you think now’s a good time to invest in them
It could be, especially if you find stocks with strong fundamentals that are currently undervalued.
The key is to identify companies with potential for long-term growth.
But it’s tricky. Just because a stock is cheap doesn’t mean it’s a good investment. You need to make sure the company has a solid business model and growth prospects.
I know a good CFA, Aaron Morgan Bell, could provide insights into which sectors are poised for growth and which companies within those sectors are worth investing in.
Can he analyze the financial health of these companies?, ensuring they’re not just temporarily undervalued but actually poised for long-term success
When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with proper guidance.
After watching several UA-cam tutorial videos about trading I am still making losses, please I'll appreciate any good pointer on how to earn sustainable income
Successful trading require discipline, patience, adaptability, mental toughness, independence, and forward thinking.
Making 1m dollars sounds like a lot of money if you've never earned high figures before. It might seem like an obsolete objective, but the truth is new millionaires are created each day.
@MaxBranfordso how do they do it
@@janetSully-q2w >Well, it's all about positioning and how valuable you are to the marketplace. If the marketplace thinks you deserve 1mm dollars or more, it will in turn give you that amount.
Went back to your 4 hour options trading course. Thank you so much.
I knew you had the best videos but this tops them all. Look forward to more boot camps and challenges that you offer. I’ve learned so much and more everytime you post a new video. Your option strategies are so easy to understand and the way you break it down in simplest terms in your training challenges are top notch and affordable
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn't mean you should go in blindly. To understand the potential factors that contribute to your financial growth, l'il advise you to seek the help of a professional
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
@@hunter-bourke21Impressive can you share more info?
Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it.
What's the secret behind your success? Not everyone is as lucky as you are.
It’s far from luck to be honest. I had to learn the hard way. I started trading using just speculation and lost huge sums twice. I know that learning the ins and outs of the market isn't for everyone, and that's why personally, Jonas Herman, an expert trade analyst oversees my trades in ways that have me good returns.
To me, trading is not worth it and I know that's the same mindset holding me back from taking a step forward in my finance. It’s all gambling. Could be because I’m new to it, I can’t tell.
@@Baptisizm Can he help me? I’d be happy to pay. 1 year and some months and I've barely recorded growth.
Hermanw jonas that’s his gmail okay
Now I found someone finally who makes sense to me .I appreciate I'll be following ur guide lines through.
Selling credits doesn't immediately put money in your account. A lot can happen between selling credits and expiration. Getting assigned the stock doesn't always work out either. Many times, I have got assigned and had to wait weeks for the stock to recover back to the price I bought it at selling covered calls for pennies. Of course, I could make videos showing my account going up making me feel better for a while.
If you are trying to build your account then this would be a long-term strategy, like 5 years. So you are not concerned so much with the stock value. In fact, it is more advantageous if the price goes down because you can buy more shares at a lower price. You will have to be strategic with your strike prices though so you are not assigned a call that blows past your strike. If you are like this guy and already have a huge bag then this is an income strategy. Again you are not worried about the stock value as long as you maintain the number of shares. Each contract produces income so as long as you maintain the number of income-producing contracts you are unconcerned with the stock valuation. However, if it sinks low enough it will impact the amount you can make per contract.
if you pay any attention Henry's strategies are usually long term
26:07 i assume you can only sell calls with a margin account? so the 170. call that is sold are you paying interest on it?
Amazing stuff Henry! I am also making a couple thousands every month selling options (both CSP and CC). I reinvest the premiums back in buying SPY or QQQ though :)
Just watching this video in November. This was the most informative video I've seen as a very beginner investor. Thanks for the transparency and actually walking us through the process! Great video.
Thanks Henry. Whats your thoughts on triple leverage stocks or etf
Uncle Henry you the man !!! Appreciate all your help and videos ❤
Subbed because of this video. Learned about yahoo finance, selling puts to get better deals on stocks you believe in, using that strategy to average down.
thanks for the gold!
26:07 i assume you can only sell calls with a margin account? so the 170. call that is sold are you paying interest on it?
Thanks for the video and transparency! In this times we are living, being transparent is rare!
you are such a generous person! thanks for all you do!
This was by far the most important video I have seeing on options trading, your video has opened up a new wide door of opportunities, thank you so much!, this has been helpful!.
one of the best videos you have put out... Great seeing how to take positions, manage and even execute new ones. Perhaps start doing this weekly or ever couple weeks and just give the live to your paid members and all us fanboys get the day after to be fair. Great video, I watched the whole thing
So if I sell a Put Option for a stock which I do not own, i should sit on the money gained until I close my position?🤔
Amazing video a lot of detail and just seeing the way you think and execute is very powerful
Good video Henry - enjoyable and truthful. I do trading options.... but learning new things from you.
One thing I'm unclear about is. On put sells is the est. Min credit that you receive the amount that you are credited after what you've paid for the contract?
You will recieve the credit as soon as you execute the contract. You will have the obligation to to purchase the shares at the contract strike price at date of expiration should the price drop at or below your strike price.
@jasongittelman6069 thanks for the info. Is the credit you receive after the expense of purchasing the option contract. For example, if the option is $0.50 for 100 shares. The cost is $50. And the est. Min. Credit is $100. Is that $100 after the $50 spent to buy the contract?
@@cleanearthhaulingjunkremoval you seem to be mixing the two together, when you sell a put or a call you receive a premium to do so, when you buy a put/call you pay a premium to do so. so for selling a put , say prem is .50 *100 =$50. now if you were buying these puts you would have to pay that $50
Thank you for your suggestions, I have been following you for some time and I will continue to do so. Check the resolution of your videos because it looks a bit tarnished
Do you know if you can buy leaps on margin ? Great videos Henry! 👍
Before you execute your sell puts, could you go over the technical analysis on the Yahoo Finance chart?
This video is a bit misleading. As a beginner you do not have the huge collateral of $250,000 to sell 50 contracts of CSP on CMG to make $7+k for a month. Besides it is still 30 days to go, it is not certain that you will be profitable! If the share price drop drastically…you will be in deep red. He is always gung-ho on how much $$$ he is making. Just be careful about your position size re: wheel strategy.
I agree, always promoting how much is he making, i ve being doing options for 4 years and just recently i am able to bring in decent monthly option income, but being leveraged with alot of contracts can be catastrophic if it goes against you.
Think , he should shows us , how selling options , can generate income with .. 5k , 10k , 50k , 100k .. portfolio.. different stocks for different, price points
it is not just a bit misleading, it is very misleanding
Relax. This is just for entertainment. Don't take it seriously.
He’s just showing you how to do it. It’s helpful.
Henry thanks for the explanation and the Robinhood screens, and you were totally right, If is there you can do in order to explain a bit more of your technical analysis, it will be greatly appreciated…Once again, thanks and Blessings…💪🏽💪🏽💪🏽
Great advice. Do you swing trade?
New at this been watching ur video's this may be a stupid question when is the best or must time to roll over and for beginners wat platform would u recomend so many out there robinhood,ameri-trade,webull, E*trade,interactive brokers
Hey great stuff can you do more videos on credit spreads on how your trades go threw out the week while in the credit spread trade ?😊
Thank you for that! Really appreciate it! I always wanted to try options but was afraid because I didn't have a clue. I'm gonna give it a shot with single contract trades! Again thank you so much!
Do you have any bootcamps for beginners ?
Hello Henry, I learned a lot from your videos. A Big thank you
For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2024 with $20k and I'm up with $232k in a short period of time ......
....
I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments?
As a beginner what do i need to do? How can i invest, on which platform? If you know any please share.
I started working with kianal back in February, and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months sometimes lesser and now they are multi millionaires.
I've seen different people talking about this kiana rache she must be very amazing for people to talk this good about her.
Do you have a video that covers the logistics of how you roll, etc?
really like these videos. please continue to do more
Which platform do you use to trade options and invest in stock ?
@henry please explain more on how your Discord works. Thnx
I truly appreciate your content.
You used $687,000 in collateral to make those trades. The lowest one was $72,000. How does this translate to a normal account with $25k to $50k? Maybe $1k in 6 months like the AMZN trade you did?
Exactly 🍷🤙
It’s a joke all bs just for clicks on u tube
It’s because the same strategies work for smaller accounts just less contracts
@@AntonMarouncorrect. There's always keyboard warriors that know everything. I personally do this & I make money. My portfolio isn't as big as Henry's, obviously, so I make a couple of hundred bucks per week right now, same strategy, less money, still works
On a 38k acct last Friday, sold 2 pltr puts and 4 nvda puts, for $600+. Yesterday, bought back the pltr for .06, and tomorrow the nvda puts should expire for 100%., so it’s very doable
love catching up with you...
You’re a great dude! To share your knowledge, and experience for free, even though I don’t have any idea what you’re doing, I certainly would love to know? I was scammed out of my retirement 457, that I had 30k in, after taxes! Stupid move, I recognize that, but I live off my pension.
Can you show us how to do spreads?If we have a smaller account? I only have a thirty thousand dollar account
How can I join your investing guidance ?
Goat. Thanks Henry!!
How much collateral you need to sell all those puts ?
Hey Henry, I noticed your AA calls that you traded for 3 weeks out. If you rolled that option, wouldn't it potentially cause a wash sale loss if you incur a loss during that time frame despite rolling?
I’m going to watch this several times and learn this. Working in customer service is turning me into Hannibal Lecter listening to these crazy fux in Baltimore
question: why not hold a qqq or spy etf and do covered call?
He's having fun. also qqq and spy are both around $500 so to do a covered call you need 100 shares at least which would be $50k for qqq for just 1 covered call. With that same money he can do 10 covered calls in cmg. Of course the premium adjusts for each but still
@@Noviath-kw7dg understood. thanks
what are your thoughts on the wheel strategy on leveraged etfs
That’s what I do. Just be careful because the gains and losses on the leveraged etfs are magnified
how did you get the 3 million to begin with ? that’s what we want to know.
I would like to see you explain options for low capital accounts
For clarification, do you have to first buy all of these stocks to be able to perform option trading as I am still unclear if you own just the contracts or if you own the assets you are putting up for sell as option puts and calls. Sorry for the ignorance I trying to get clarity on what I need to get started with option trading.
No you don’t need to buy them. When you buy 1 contract you essentially use leverage that lets you hold 100 shares of said stock.
dont listen to these guys u have to have 100 shares to sell 1 option. theres ways around it like buying a leep and selling a contract on that for less capital tho
Love the content👍
Do you like Warsaw? How do you like living there? A few Americans have already asked about the center of Warsaw (Srodmiescie)
I travel a lot dm me on instagram Investwhenry and I only have that one account others are fake
First two mins of video you said airlines cannot go bankrupt. I researched and it is so true. I did not realized governments subsidize airlines so heavily every year!
How do we get access to the Discord?
@lnvestwithHenry2 fucking scammer
Can you tell us what broker platform you use? I like it. Thank you.
He uses Robinhood. It’s the best option trading platform and also the lowest fees. Robinhood charges 3 cents/contract (it’s a regulatory fee). Vanguard charges $1/contract and Fidelity 60cents/contract
He is using Robinhood
Great video, thanks!
Mr. Henry, ive started selling credit puts...question i have...when an order isnt filled and is automatically canceled by Robinhood do i still keep the premiums or are the premiums taken back?
What about FuelCell is that a good stock ?
Hi Henry, if I am starting with a small account, like 10k capital would you still suggest selling puts and cover calls options as your preferred strategy.
He mentions in the video he used to sell a lot more spreads when he had less money. They take much less Capital.
What about $msft? Didn't mention it among tech stocks
What is the expiration date?
I don't understand what are your las 4 digits?
This video is misleading. Not for beginners because u will need loads of collateral (I.e. cash) for this strategy. Profits from selling options ONLY materialise upon expiration or WHEN THEY ARE CLOSED.
I think if you have 10-20k you could generate 3% return on capital a month just selling puts. I do use margin but I keep my buying power utilized under 30%, on Friday I sold puts expiring in 30-45 DTE on 8/15/2024 on AMD, HOOD, and GTLB and that used 23.7% of my total buying power to bring in $397, I'll close each position at 50% or 21 DTE and then do the same thing on other stocks or the same. I've done this 2-3 times already and have met my 3% return on capital for this month.
Good day Henry AI just expose me to your channel , so far it’s real informative and structured with your options trades . Am very interested in covered calls . Would like analysis on Rivian which I hold 1000 shares and how to approach some option calls Thank you
congrats on 3 ms unc henry, remember I was watching your channel when you first started and old videos . amazing to see how far your portfolio has come. and congrats on the $45,000 bag in a day as well, that's an salary wow. Damn uncle henry Im trying to build my baby account
Awesome video 🎉
Uncle Henry is the best
Hey it has been a few years since I followed you. Pretty good I'd say.
What about Spirt. Can it go bankrupt? I own way too much because I sold puts. I need to know if I sell now or hold since it can’t go bankrupt.
Please do video on technical analysis
I’m not playing Tesla unless it’s a strict spread.
There is one thing no one is telling you about those kinds of strategy and I find it misleading. When you sale a put option and they say I get paid for it and cash in immediately this is not true at all. If you do have put option and you aim to close your account your broker will ask you to buy these short options at current value. You only cash out the difference once it is sold or expired. Which can make a huge difference.
why robinhood is asking you for bank statement?
How much is your bootcamp?
how much to subscribe to your discord only. I do not need coaching I understand about trading options. I am only interested to see/know your plays before they explode.
You can ask about that in the consultation call that you can schedule using the first link
What does he mean by... immediately "rolling"?
Rolling a covered call is a strategy that involves closing out an existing covered call and replacing it with a new one. If the stock price rises above the strike price of the covered call, the call is considered "in the money" and the risk of assignment increases. To reduce this risk, he will roll the call to a higher strike price.
would love to see how you handle taxes with options trading. This is a topic most overlook.
He mentions this in his videos, he rolls the option with a feature on the broker called 'roll' instead of buying back the option and selling a new option. (my broker doesn't have the 'roll' option, his does)
are you one of the experts with crypto trade option platforms ?
Always appreciate !
THANKS, COACH.
I really enjoy your videos I have a small account $5000 Would it be possible for you to do a video on Palantir selling puts and call or put credit spreads the one you believe is a better strategy. Thanks.
Great content, Henry.
Would you please do a video on making money in a prolonged bear market?
Henry, I'm at 10k in my account, what would you recommend for stocks to sell puts at the moment at this size of portfolio. Or, should I wait until over 25k to begin this strategy?
Don't sell puts, buy calls.
@@modax0 dont buy calls, thats horrible advice
BROS
AAL is trash, technically… I get you’re probably net zero on this with the wheel strategy.
What other moderately priced stocks do you recommend (not advice) for doing the wheel on?
if you are millionaire why are you recording videos with a low quality webcam?
the video is out of focus and the quality looks like 360p
That’s how you stay a millionaire! The camera is good enough. Haha
The autofocus messed up my other videos are not like that.
@@LaurenNOtmi You're writing nonsense!
Maybe just a paper trading millionaire 🤔
This ain’t live brother.
live = actual trades during an open market not "live stream"
He scams
He was making live trades 😂, not streaming live 😂
@@RecoveredRidleyTruther I’m a democrat so I don’t understand
Brother, 3 month before at 3 M and now at 4 M?? Crazy, Will join when I hit 75K in my Robinhood.
With large amounts of money, sure you can make a lot
we love you Bro you are amazing
Please do more such videos so that we can copy
That’s what I do in discord
❤❤ thank you 🙏🏼
Thx for showing all this
he hasnt made a dollar during the video, he has simply opened new positions. If over the following weeks the market goes is his favour, he will make those credits, if it goes against him he could stand to lose many multiples of that!!!
Wouldn't stop losses prevent very big losses and not using margin (loaned $)?
There’s no utilizing the stop loss feature when executing a call or put option
So valuable!
lets see the results at expiration....
CMG - I hear you but have you ever eaten there? You need to know where the nearest bathroom is before you begin to eat.