@@elkompakikko I am using robinhood. I bought a 30 contract put option for Ford that Wednesday and also a 5 contract put for ares capital. Literally 20 minutes after market open on Friday I was in the money on both. I have since lost about $260 this week. Still learning
Just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, l'm really just confused at this point.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
I read on CNBC about someone who is netting $20k a month himself from just his tradings in the market, which is from capital he had amassed long ago. That is incredible. How do people do that?
Literally, on 6/09/23 Friday, I put $100 into an account to practice options. I bought an OTM for $44. It had a 6/23 expiration date. It immediately went up $11, but I left it for the weekend. By Tuesday,, I had $175, and by EOD the next Friday, 06/16, I had $362. I only bought calls and had a position 1-2 times a day. Now, I will practice a new strategy, but the first week taught me a lot.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
You don’t need an advisor. They’ll rob you blind. Educate yourself on the matter. It’s not that hard. Then you will see that an advisor is truly not a wise decision.
I restarted my financial journey in my 40s, yes it takes consistent focused effort. and it's will yield results both financially and emotionally as the process grows.
Could you do a video for broke people but with option 2 trading. Im personally stuck at option 2 trading for another year, been watching alot of your videos and i love how slow you are explaining everything ez for me to keep track!
Thank you Henry. (For some of us, please don’t skip any ads, I am guilty especially with the ads that of no interests to me because I have ADHD. Struggle is real, don’t know how I earned a degree.)
Great info but no one with a small account will have level 3 options on Robinhood which is required to do spreads. Can you show how to do this with a level 2 options?
@@adamswope9721 they just ask if you understand how spreads work like credit and debit spreads. They will also ask how long you've been trading options.
Hey, I was going to comment the same thing as the other guy. Try to activate it, it will probably get denied, and then set up a phone call meeting with them. I'll be 100% honest, if they don't give it you after the meeting then its probably for your best interest. Take time to relearn and try again within the next month. "Investing with Henry" and "in the money" UA-cam channels taught me everything I needed to know to get to level 3. Good luck friend!
If you did this strategy consistently every month with a 70% chance of winning and a 30% return, wouldn't that eventually average out to 0? If you lose 3 times out of 10, you've given all your profits back for the 7 times you won. 78x3=234 22x7=154. How does the math on this work out? I think the only way to win is to close out your position as you approach the break even every time. Am I correct in thinking this is how you play this game? Edit: I should have continued to watch your "scenarios" section where you talk about closing/rolling the position as it approaches breakeven. Really enjoying your videos.
This is a great video, I learn alot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies. Thanks to Louise O'Brien for improving my portfolio. keep up with the good videos
I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
I feel you bro ,I have only bought one call so gar and it wasn’t successful. I’m still learning how to buy good and cheap calls to make money. And eventually I will sell puts and do all that other stuff in the future.
It will also require you to keep a balance of at least 2k (that includes assets ie stocks and cash in total) LvL 3 will automatically be downgraded if you don’t deposit before their deadline.
Thanks, Henry, just what I needed. I liked the video. We need more of these types of videos. Anything from 20 to 125 cost .I think it would be ideal.some of us are not from the USA, so robinhood is out of the question .a video on which other broker/ software is best would be good. Seen people use moomoo and webull. Keep up the good work it is appreciated
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
@@DigitalDezinesCEO I’m pretty sure the reason that Robinhood changed it is because of that kid that committed suicide because he didn’t realize what had happened and he thought he was like $700k in the hole when in reality it was just his spread settling after assignment. So they make it harder to do that, but they could have just made their interface work better in that situation instead of putting up a wall to everyone who is trying to grow a small account.
You can still do each transaction separately. I would have kept the long position and rolled or closed the short. The old saying the trend is your friend.
The problem is that broke person will not qualify for level 3 RH spread trading ! You must have well established RH margin acc. and be approved for level 3 trading ! He doesn't mention this in the video !
I understand selling the put - but I dont understand the logic behind buying the put to offset the loss.. What does that mean? how does that lower the overall risk for $700 to $78. I need a full logical explanation please.
I like long term dedit spreads as well, you can hedge a lot of the risk of buying single leg long options. I've had success so far buying in the money, with at least 6 months, and diversifying into a few different stocks. I like to take longer term positions so theta doesn't eat me alive if the market takes its sweet time making a move, and when you open a spread, your short leg counteracts a lot of the time decay from your long leg anyway. It reduces the cost basis as well so can can diversify into more assets instead of having your whole account in one call option
Henry, Should I roll or leave it? I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price $480. Huge loss. Does it make sense to roll, Just don't know what to do?
I’ve been day trading volatile stocks. I have like 265 bucks in the account. Started with 285. I should have close to 400 but I held too long on 3 trades.
would like to see more trades with this strategy, also would like to see many more ways to close options if I made a mistake starting out selling put or buy call or buying put. I started off doing the opposite before starting with your program and I'm still stuck trying to get out of it bc Robinhood has placed a warning on me as a pattern day trader bc my portfolio is below the recommended $20,000 day trade
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
I tried this strategy on a day trade (I know you advised against this). I bought options that would guarantee a return no matter what. I made $100 in one day. Thank you! Thank you! Thank you! I am using only this strategy from now on.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
I must not be doing something right, I’m testing this theory with Webull paper trading and I put 221 into the account. I can’t sell a put if the cost to buy the stock is say 800.. am I doing it right?
I'm also at RH Level 2, and they're deliberately vague about the requirements to move up. The only advice I can give is to make a few trades on a cheaper stock (I've heard around 10) and then try to upgrade. Barring that, try updating your investor profile. Indicating that you have more income, assets, or risk tolerance may help, as long as you don't lie.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
the only problem with this for me is that I can only choose one option because i dont have option trading level 3 unlocked yet. so even if i do the cheapest options i can find that are somewhat safe it still is hard for me to commit 150$ because i just moved out of my parents place and started living on my own. so its very risky for me
ok i thought this video would help me and there is so much i just dont understand. I know nothing about puts and options. Do you have an idiots guide to puts and options by chance ?
Why would you SELL AN OPTION first??? Isn't this higher risk? If you BUY the option first and then sell it before EXP, you don't need collateral. Why does nobody tell people this??
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
Henry I was watching Ben ( yield collector ) and he was talking about a discord you are in on one of his recent videos and I can not find a link to it . Could you post a link to it
Do you have any tips on how to manage an index option iron condor? Im holding one that expires this Friday and the call side is going to be itm. I took on more risk than I should of. I have a couple of ideas on what to do but any advice would be great.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
PLTR was then and still is an options manipulation monster. So many retail fools ready to gamble on it makes it a good one to sell into their foolishness.
I like videos where you teach people who are blind and no knowledge when it comes to options. Like my self I don't know what options is but slowly learning watching your vids and other UA-camrs. 🍻
I make a living trading I have tried this $50 dollar challenge, it’s very difficult, I got it up to $100, then down to $18, and now I’m back at $128. 😂 I’m done with that it wasted my time. It was fun for a day😂😂😂😂
GOOD AFTERNOON, I ONLY SELL TO OPEN PUTS AND NOW I CAN MAKE ABOUT $324, OR MORE IN ONE DAY, BUYING OPTION I WOULD HAVE TO PAY ABOUT $324, OR MORE FOR THAT ONE CONTRAT, I CANT GET RICH OVER NIGHT, BUT I CAN GET BY SELLING OPTION.
Please educate yourself on your brokerage and your trading abilities, before your first transaction. My experience: Trading options spreads requires a another level of options trading on your account, at Fidelity. If you don't have that level, you can manually do spreads but you'll need enough cash to secure the amount of shares (sell a putt) even if you buy a putt.
Hey Henry you have inspired me to start with option trading. I love to watch your videos. I came to the conclusion the best strategy for me is the good ol' wheel. But lately i've found a strategy that may suited better for me. Its called covered strangle. Whats your opinion on that? Covered strangle > wheel?
I like the wheel to! However when a big correction comes or a black swan event, the wheel is gona be broken(doesnt work) and you’ll need more capital. (Learned this the hard way)(bag holder here)
@@yeeoaktown thanks for sharing the negative side of the strategy. I hope it is an underlying that you are comfortable to hold. The idea with the covered strangle is to cost average down your shares if it happens more than ones and in the mean time you can sell covered calls.
I follow everything up until buying the put. Robinhood won't let me click the plus sign next to the bid price. Why is that? Any help will be appreciated.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Mr. Lehrer Kappel.
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
Yeah 💯 Lehrer Kappel was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Lehrer. He is my number one source when it comes to crypto and TA.
I just googled him and I'm really impressed with his credentials; I reached out to him since I need all the assistance I can get. I just scheduled a caII.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
Yes just watching this Friday morn where it’s great to learn this with little money. For again don’t understand this ?? IHow you saying paying 700 $ for strike & say sell Palantir 8$ Where you getting 800$!ur saying where the price is 82 cents !! 1 option is 182 & not 800$ !! Please go over this for yes play options Little but not knowledge 😂like you at all !!!!so again .. To buy Palantir option Sell 8$ & it say .prince Says 0.82 cents which is 182$ for 1 option not 882$ so that wrong correct !! & wjen you say buy & sell are you using name for this option where there are different ones or actually buy o sell This play literally 1 at a time Sell 1 play enter. It in Buy 1 play enter it it where they both single plays & 1 by 1 ????? Or ate You like diffrent options mane like those naked leg plays or upside down plays example etc !?????
Just started trading options last Monday. I put in $425 worth and turned it into $1400. I am still wrapping my mind around it
Great
Nice!
What platform are you using?
@@elkompakikko I am using robinhood. I bought a 30 contract put option for Ford that Wednesday and also a 5 contract put for ares capital. Literally 20 minutes after market open on Friday I was in the money on both. I have since lost about $260 this week. Still learning
Are you lvl3 on Robin Hood? If so, how did you get there?
Hit 110k last week, lost over 14k today
Just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, l'm really just confused at this point.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
Heard someone mention a couple making around $120,000 during the recent Bitcoin pump. How're they doing it?
I read on CNBC about someone who is netting $20k a month himself from just his tradings in the market, which is from capital he had amassed long ago. That is incredible. How do people do that?
You need a pro that is good at navigating the market. Someone like Angela Reinhard
Literally, on 6/09/23 Friday, I put $100 into an account to practice options. I bought an OTM for $44. It had a 6/23 expiration date. It immediately went up $11, but I left it for the weekend. By Tuesday,, I had $175, and by EOD the next Friday, 06/16, I had $362. I only bought calls and had a position 1-2 times a day. Now, I will practice a new strategy, but the first week taught me a lot.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
what are you practing opinions on? what app or website?
i would also like to know what you are practicing on
i would like to know what platform...my software charges me $10 for each trade. this almost doubles my cost of a single contract option grrrr
@@shawnahtila8934use Robinhood. No fees
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@RyanGabriel9 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@RyanGabriel9 I will give this a look, thanks a bunch for sharing.
You don’t need an advisor. They’ll rob you blind. Educate yourself on the matter. It’s not that hard. Then you will see that an advisor is truly not a wise decision.
I restarted my financial journey in my 40s, yes it takes consistent focused effort. and it's will yield results both financially and emotionally as the process grows.
Im on the same journey, but with a child! Single mom blues! @@sophisticatedmorons
Could you do a video for broke people but with option 2 trading. Im personally stuck at option 2 trading for another year, been watching alot of your videos and i love how slow you are explaining everything ez for me to keep track!
Executed 2 PCS on SPY today per your video! Up 66% already. I’ll close early tomorrow if SPY is higher or flat. Clear explanation
Thank you Henry.
(For some of us, please don’t skip any ads, I am guilty especially with the ads that of no interests to me because I have ADHD. Struggle is real, don’t know how I earned a degree.)
I was just starting to understand options trading when I start stumbling on spread trading. This video turned my brain to mush.
Great info but no one with a small account will have level 3 options on Robinhood which is required to do spreads. Can you show how to do this with a level 2 options?
I was able to get level 3 with a small account. You just need to talk with them on the phone
@@uglyducklingfinance2023 hmmm...ok, I will give that a shot. What do they talk to you about?
@@adamswope9721 they just ask if you understand how spreads work like credit and debit spreads. They will also ask how long you've been trading options.
I have level 3.. started with 100 bucks lol
Hey, I was going to comment the same thing as the other guy. Try to activate it, it will probably get denied, and then set up a phone call meeting with them.
I'll be 100% honest, if they don't give it you after the meeting then its probably for your best interest. Take time to relearn and try again within the next month. "Investing with Henry" and "in the money" UA-cam channels taught me everything I needed to know to get to level 3.
Good luck friend!
If you did this strategy consistently every month with a 70% chance of winning and a 30% return, wouldn't that eventually average out to 0? If you lose 3 times out of 10, you've given all your profits back for the 7 times you won. 78x3=234 22x7=154. How does the math on this work out? I think the only way to win is to close out your position as you approach the break even every time. Am I correct in thinking this is how you play this game? Edit: I should have continued to watch your "scenarios" section where you talk about closing/rolling the position as it approaches breakeven. Really enjoying your videos.
you have to be good at technical analysis.
This is a great video, I learn alot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies. Thanks to Louise O'Brien for improving my portfolio. keep up with the good videos
wow.. amazing to see others who trade with Mrs Louise O'Brien, i'm currently on my 5th trade with her and my portfolio has grown tremendously..
I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
With the consistent weekly profits I'm getting investing with Mrs Louise, there's no doubt she is the most reliable in the market. such a genius
She's often interacts on Telegrams, using the user-name below.
@INVESTWITHTAMYLOUISE that is her username
I do not have level 3 options yet. Is is possible to sell the put option in a separate transaction?
That’s what he doesn’t say. To have option 3 most of platform will require you experience on the market.
New strategy???
Just very old and known put credit spread.
hey on ibkr it always requires margin like thousands of dollar even tho my max loss is like 200bucks, why is that do i need a margin account then?
Great content Henry!
How is this a new strategy? It looks like a good ole put credit spread
New to him
Love the video, please continue to make small port videos and strategy’s!
you have been the best for strategy and explanation thanks
This strategy requires a level 3 options account. The average "poor man" does not have that
how many levels are there?
I feel you bro ,I have only bought one call so gar and it wasn’t successful. I’m still learning how to buy good and cheap calls to make money. And eventually I will sell puts and do all that other stuff in the future.
They call it that because it’s a cheap trade.not simply because “poor men” can do it. Robinhood will let you do level 3 with just a little education.
It will also require you to keep a balance of at least 2k (that includes assets ie stocks and cash in total) LvL 3 will automatically be downgraded if you don’t deposit before their deadline.
Thanks, Henry, just what I needed. I liked the video. We need more of these types of videos. Anything from 20 to 125 cost .I think it would be ideal.some of us are not from the USA, so robinhood is out of the question .a video on which other broker/ software is best would be good. Seen people use moomoo and webull. Keep up the good work it is appreciated
Interactive brokers or tastyworks
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
Does anyone know how he stacked the options? robinhood wont let me!
The problem for me is that I can't get Level 3 options so multi-leg strategies are off the table for me.
Same they dont let me upgrade wtf??
The same with me too! Im only on level 2. It doesnt make sense to make these only available to level 3.
@@DigitalDezinesCEO I’m pretty sure the reason that Robinhood changed it is because of that kid that committed suicide because he didn’t realize what had happened and he thought he was like $700k in the hole when in reality it was just his spread settling after assignment.
So they make it harder to do that, but they could have just made their interface work better in that situation instead of putting up a wall to everyone who is trying to grow a small account.
You can still do each transaction separately. I would have kept the long position and rolled or closed the short. The old saying the trend is your friend.
@@stevemiller5467 Thanks. I will try this.
The problem is that broke person will not qualify for level 3 RH spread trading ! You must have well established RH margin acc. and be approved for level 3 trading ! He doesn't mention this in the video !
I understand selling the put - but I dont understand the logic behind buying the put to offset the loss.. What does that mean? how does that lower the overall risk for $700 to $78. I need a full logical explanation please.
7:06 $50 makes you $1000. (Fine print: there's a chance you may owe $8600)
Like the video, and I suppose this isn't risly for Vegas
I like long term dedit spreads as well, you can hedge a lot of the risk of buying single leg long options. I've had success so far buying in the money, with at least 6 months, and diversifying into a few different stocks. I like to take longer term positions so theta doesn't eat me alive if the market takes its sweet time making a move, and when you open a spread, your short leg counteracts a lot of the time decay from your long leg anyway. It reduces the cost basis as well so can can diversify into more assets instead of having your whole account in one call option
Loved it, thank you Henry. Very useful.
Brilliant presentation!
Thank you man
Light mode burns my retinas please use dark mode henry. Thanks for the video :)
I wanted to see how to close a position !
Henry,
Should I roll or leave it?
I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price $480. Huge loss. Does it make sense to roll, Just don't know what to do?
I’ve been day trading volatile stocks. I have like 265 bucks in the account. Started with 285. I should have close to 400 but I held too long on 3 trades.
Man, this was very informative, great job Henry. I appreciate ya big time
would like to see more trades with this strategy, also would like to see many more ways to close options if I made a mistake starting out selling put or buy call or buying put. I started off doing the opposite before starting with your program and I'm still stuck trying to get out of it bc Robinhood has placed a warning on me as a pattern day trader bc my portfolio is below the recommended $20,000 day trade
Pattern?
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
Use a cash account because trades settle overnight and you can trade again the next day with the whole account
Do a synthetic long future with downside protection on spy wayyyyyy better risk to reward and perfect for fmoc meetings days
Thank you uncle Henry sharing... Fantastic... 🙏🙏🙏🍺🍻
Do you have a video on the type of robinhood account you need for this strategy? I could only do 1 option trade, it said you can only select 1 option
I tried this strategy on a day trade (I know you advised against this). I bought options that would guarantee a return no matter what. I made $100 in one day. Thank you! Thank you! Thank you! I am using only this strategy from now on.
Hey! Anymore progress since then using this strategy?
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
I must not be doing something right, I’m testing this theory with Webull paper trading and I put 221 into the account. I can’t sell a put if the cost to buy the stock is say 800.. am I doing it right?
Can this strategy be copied with a level 2 trading account?
Problem is robinhood won’t automatically let you in the level 3 options so can’t do put credit spread options
Thank you so much
I’m only a level 2 trader on Robinhood so spreads aren’t available to me. What is another option for me until I’m able to get to level 3?
I'm also at RH Level 2, and they're deliberately vague about the requirements to move up. The only advice I can give is to make a few trades on a cheaper stock (I've heard around 10) and then try to upgrade. Barring that, try updating your investor profile. Indicating that you have more income, assets, or risk tolerance may help, as long as you don't lie.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
Robinhood isnt letting me do more than one option at a time.
question,, we (the poor traders) have only 3 attempts per week on most platforms, does this count 1 or 3 attempts?
the only problem with this for me is that I can only choose one option because i dont have option trading level 3 unlocked yet. so even if i do the cheapest options i can find that are somewhat safe it still is hard for me to commit 150$ because i just moved out of my parents place and started living on my own. so its very risky for me
how do you close these positions
ok i thought this video would help me and there is so much i just dont understand. I know nothing about puts and options. Do you have an idiots guide to puts and options by chance ?
Thank you for sharing
Why would you SELL AN OPTION first??? Isn't this higher risk? If you BUY the option first and then sell it before EXP, you don't need collateral. Why does nobody tell people this??
You’re more likely to lose money as an option buyer
This is great thanks
Thank you!❤
I like the strategies especially when people do $500 challenge.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
Thank you
If profitable do you let these close at expiration or once its at max profit do you close it manually?
Can I ask, does Henry first have to hold 100 shares in PLTR before making this play?
No because its a put credit spread. You have to cover your Position with money.
What's the easiest platform?
Going to try to run this mini Wheel strat with $100 and see what happens.
@InvestwithHenry if you are a beginning investor on robin hood you only get level 2 options you can only do single leg options
Dude I have listen to you and haven’t seen any gains , on the contrary I have lost money every single day
Henry I was watching Ben ( yield collector ) and he was talking about a discord you are in on one of his recent videos and I can not find a link to it . Could you post a link to it
calendly.com/invest-with-henry/options-income-coaching-academy-yield-collector
Do you have any tips on how to manage an index option iron condor? Im holding one that expires this Friday and the call side is going to be itm. I took on more risk than I should of. I have a couple of ideas on what to do but any advice would be great.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
Thanks Henry for this kind of strategy. sound good but I will see.
Worst case scenario I get assigned and have to buy the shares at the strike price right?
correct
PLTR was then and still is an options manipulation monster. So many retail fools ready to gamble on it makes it a good one to sell into their foolishness.
wht website is this on?
there is no discord in your information so why say it is?
Why call it a poor man’s credit spread and new?
I like videos where you teach people who are blind and no knowledge when it comes to options. Like my self I don't know what options is but slowly learning watching your vids and other UA-camrs. 🍻
How much you lose?
@@garciabag Try it out first on paper trading.
When this gives, a good return, then you can do smal positions, with real money.
I make a living trading I have tried this $50 dollar challenge, it’s very difficult, I got it up to $100, then down to $18, and now I’m back at $128. 😂 I’m done with that it wasted my time. It was fun for a day😂😂😂😂
Just curious can this be done with multiple contracts?
Yeah I'm also interested to know
How is put credit spread “new”?
SJANEW 💯 is her user name VlA T E [ E G R AM✅
GOOD AFTERNOON, I ONLY SELL TO OPEN PUTS AND NOW I CAN MAKE ABOUT $324, OR MORE IN ONE DAY, BUYING OPTION I WOULD HAVE TO PAY ABOUT $324, OR MORE FOR THAT ONE CONTRAT, I CANT GET RICH OVER NIGHT, BUT I CAN GET BY SELLING OPTION.
hi, how to join to your discord?
Did you close your position in PLTR and roll it, or did you close it all together?
Don't get scammed by this guy Jake that's not really Henry, I'm sure you know I'm just looking out for a fellow trader
Thank you bro
SJANEW 💯✅ is her user name VlA T E [ E G R AM✅
Didn’t you say u r stopping selling puts on this market?
I just dont get it, if i go leaps ditm how is this bad strategy ? Am long always.
SJANEW 💯 is her user name VlA T E [ E G R AM
Where's the link to the discord? Thanks in advance
calendly.com/invest-with-henry/option-income-academy
isn't this just a credit spread?
I wish i bought palantir at $6.00
Great stuff 👏
Selling options requires
$2000 in your trading account that cannot be used.
And with webull you have to have a margin account to get level 3.
Please educate yourself on your brokerage and your trading abilities, before your first transaction.
My experience: Trading options spreads requires a another level of options trading on your account, at Fidelity. If you don't have that level, you can manually do spreads but you'll need enough cash to secure the amount of shares (sell a putt) even if you buy a putt.
Hey Henry you have inspired me to start with option trading. I love to watch your videos. I came to the conclusion the best strategy for me is the good ol' wheel. But lately i've found a strategy that may suited better for me. Its called covered strangle. Whats your opinion on that? Covered strangle > wheel?
I like the wheel to! However when a big correction comes or a black swan event, the wheel is gona be broken(doesnt work) and you’ll need more capital. (Learned this the hard way)(bag holder here)
@@yeeoaktown thanks for sharing the negative side of the strategy. I hope it is an underlying that you are comfortable to hold. The idea with the covered strangle is to cost average down your shares if it happens more than ones and in the mean time you can sell covered calls.
@@BronkoBanane fortunately it is!
@@BronkoBanane definitely going to look up the covered strangle. Thanks
Opinion on synthetic long strat?
I follow everything up until buying the put. Robinhood won't let me click the plus sign next to the bid price. Why is that? Any help will be appreciated.
Brilliant! Thank you Henry!
@lunoinvestment9680 get lost. My opinion
Great ideas ... I love to scroll though comments and see how many times a creator replies
SJANEW 💯 is her user name VlA T E [ E G R AM✅
It seems there are no options strategies unless you’re a lvl 3 approved.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Mr. Lehrer Kappel.
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
Yeah 💯 Lehrer Kappel was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Lehrer. He is my number one source when it comes to crypto and TA.
I just googled him and I'm really impressed with his credentials; I reached out to him since I need all the assistance I can get. I just scheduled a caII.
is that fred sirieix?
Shut up
Excellent!
calendly.com/invest-with-henry/option-income-academy
Come on Henry , what’s up with the title $50 into $1000 ?
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
This is just a Put Credit Spread. How is this new?
Davis Laura Jones Kimberly Lewis Kevin
What platform are using to make those options trades
Yes just watching this Friday morn where it’s great to learn this with little money. For again don’t understand this ?? IHow you saying paying 700 $ for strike & say sell Palantir 8$
Where you getting 800$!ur saying where the price is 82 cents !! 1 option is 182 & not 800$ !! Please go over this for yes play options Little but not knowledge 😂like you at all !!!!so again ..
To buy Palantir option
Sell 8$ & it say .prince
Says 0.82 cents which is 182$ for 1 option not 882$ so that wrong correct !! & wjen you say buy & sell are you using name for this option where there are different ones or actually buy o sell
This play literally 1 at a time
Sell 1 play enter. It in
Buy 1 play enter it it where they both single plays & 1 by 1 ?????
Or ate
You like diffrent options mane like those naked leg plays or upside down plays example etc !?????
THE BEST 👍
Just save up 1000. And do the wheel strategy... With much less hassle