Went for a semi-cringe thumbnail today to see how it does with the all mighty algorithm. P.S. I hate it, but did it make you want to click the video??? Thoughts? :)
Please, anyone can answer, sometime when I do sell/put some stocks give me the premium right away and some doesn’t? Is that normal? Do I only get the premium when the options expire?My options is execute but i don’t get the premium right away. If anyone can clarify why that is, it would be greatly appreciated!
@@eagleeyeava701 Hey, you get the premium immediately after selling your option! I am not sure of the instances you wouldn't get the credit because the buyer is paying it to you at that moment.
Honestly didn’t even notice I just auto play all your content. Really enjoy your content and how you manage to mix the useful info in with your sense of humor.
@@PandreaMoney thank you for your reply, I thought the same too, I did a AMC sell/ put $30 2 weekscall when the stock was trading around 28, but I did not receive the premium for that options right away, Also, I noticed when I looked at my buying power, the collateral was combine both of the amount I put up for the sell:put options and the premium, Example: I spend $5000 for the option, premium was $500, the collateral was showing $5500
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name *PRISCILLA DIANE AIVAZIAN* and everything changed. I started enjoying huge returns from my investment.
I've watched alot of people trying to learn options they either suck, talk to much , and take forever to get to the point and show you what do you.. you my friend helped me understand a little better .
I don’t know how, but you’ve been able to package an unbiased analysis that is more entertaining than the sensational segment of the economic and financial news, thank you for your effort to be the signal and not the noise, I had to get an expert, Sir Eric Arlo to manage my trades as I have no skills for that, my account has been growing up to 7- 15 % weekly depending on market conditions and this is the sixth month for me
Good thing you asked him, I am very much interested in getting into the market although some things have showed me otherwise but in the hand of verified experience I should soar gracefully
From my experience trading options can be a bit overwhelming and confusing especially for new traders, but with a good understanding and a proper strategy it can be a very profitable venture.
I’ve been trading options for four months now and it’s been complicated for me, I have been stuck on the losing side of most my trades and when I make profits it’s just a few hundred dollars.
@@keatonmorgan295 It's hard to try to outsmart the market without experience, this is why market investors take a more secure route towards guiding their investments by having a proprietary brokerage assist them in growing their portfolio.
I started in August with a few thousand, I got a little to confident with buying calls on stocks I liked, 40% of my portfolio was options lol, was up 233% in 3 months and it all crashed and burned now I’m back where i started but I’m glad I messed up because now I know next time, thanks for the tips man!
Making mistakes and losing money is part of the learning process! Tough giving back all those profits, but hopefully now you've learned how to make and KEEP those profits next time :)
Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated.....
@@abelalvarado4281 You make it seem unreal to make up to that as a passive income annually,when it’s clearly possible. I have made over 1Hunnid thousand dollars from January till now with no joke game plan. He’s a masterpiece and his name is Kyle Walton
I found your channel through your collab with Andrei Jihk. I have never even considered buying or selling options, but love the education your provide. Thank you!
Leaps will usually pay you the biggest premium up front. You don't have to wait the entire time. If you don't want to, but, if after a a few weeks or even the same day, if you're lucky enough to have a very volatile stock like Tesla, the stock will take a huge swing in your favor, and your contract will magically be worth significantly less because the stock price has either significantly increased or decreased. Then you can close the contract, and in some cases, being able to keep at least half the premium.
@@crazyfool1 started buying and selling Leaps a few months ago. One advantage of buying is being able to choose and controlling your risk. However selling covered calls through leaps is controlled as well since you're using stock you already own as collateral.
Your style is the freshest and simplest, yet highly informative that I have found so far. I enjoy so much watching and learning from your videos. Thanks!
investing successfully in forex requires the expertise of a professional broker that is why i have made profit since i started trading with mrs Linda Bradford
I invest with mrs Linda 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 profit
I'm also benefiting from*Mrs Linda I was afraid of investing with her platform untill I got convinced by my cousin who linked me up with her and since then, i've been earning atleast $6,000 profit weekly from every $1,000 I invest.
i honestly love leap options that are deep in the money. but im glad you mentioned the volume and open interest thing because though i kind of knew it was important i didn’t know completely why.
I think one of my biggest mistakes when doing options is not having the patience and exiting my positions too early 😑, I've learned the key to options is give them time for them to do their magic and when the money is there than u just come and take it! But patience besides other things is definitely a key factor 👍
Man I absolutely love this video. Crazy thing is, I've probably seen it months ago and couldn't comprehend because I was less seasoned as an options trader. Now I've gone through every segment of this video and you speak truth. I had to make mistakes to learn what not to do and I had to do alot of research to formalise a consistent strategy. I like the fact that you sell and I looking to move away from weeklies but still get a weekly ROI
One of the reasons options traders lose money they buy the cheapest strike price. Instead of in the money and at the money strike price. If strike price is say 0.55 or cheaper it's that cheap for a reason! I like out of the money strike prices also, difference is I'm not looking for one too far away from at the money strike price. When the strike price is too far away from at the money the stock has to work way harder to make you profit. Surprised this wasn't mentioned in the video.
Hey Bryan! If you're interested, I have a video that will show you exactly how to set up your stock scanner to find the BEST stocks for options trading... ua-cam.com/video/Sq7DSg6ndlI/v-deo.html
Use the IV Rank or IV Percentile indicators if your trading platform has them. They compare the current IV to the past year and tell you in one number how high or low the current level is. And if you're using Robinhood or some platform that doesn't have these indicators, then change brokers :)
New to options and trying to learn as much as I can before starting. I am curious what you write in your notebooks. Can you show some examples or do a video on it?
one of my biggest mistakes was selling puts during earnings...... i anticipated the price to go up after earnings however it tanked and I was assigned the shares at a much higher price than where it ended up
This is why I prefer to sell strangles right before earnings. Allows you to pick strikes further away while still collecting a solid credit. Plus if the stock moves down more than expected, the profits on the short call will offset the losses on the short put to a significant degree.
Could you please explain about Assignment? . Here is a situation, i bought a long call OTM and now its ITM. I want to take my profits , so i decide to sell the call. Now i sell the same call i bought , same strike price and expiration right. 1. What if someone doesnt buy my call? 2. Am i at risk of being assigned? I dont have 100 shares, what would be my situation if i do get in this. This is confusing me. Please clarify if you can.
You don't get assigned on options that you purchase. That's only a concern if you sell options as an opening trade. And someone will always buy the option you are trying to sell. If liquidity is poor, however, then you may have to sell at the Bid price. That's where market makers will buy anything.
My biggest mistake is not keeping track of my trades, but it’s one of my New Year’s resolution 😁 "Losing is only temporary and not all encompassing. You must simply study it, learn from it, and try hard not to lose the same way again. Then you must have the self-control to forget about it." - John Wooden
Yea I never did either for the longest time. I was all over the place and couldn't even remember what I did the previous week lol. It definitely helped me a lot.
Sometimes I get confused on when I should buy to close when selling options. I need to hold to my targets of close when I’m 80% up or greater before expiration. I’ve had a Friday flip on me and at market open I was up 70% and by close I got assigned. No biggie I sold covered calls the next week but I was stuck with it for a few months. We love your content, keep it coming!
Thank you very much for that great content! After studying options and the basics over the last months I am currently a bit reluctant to make my first trade mostly due to IV. I understand that it might make sense to rather sell options when IV is high. Nevertheless, what is the best move if I think that the stock price increases followings earnings but IV might crush down? If I sell a put option the intrinsic value increases if the stock price increases. Would I also profit from IV crushing down as I am on sell side or would a IV crush also affect my position negatively?
im not sure but i'd think you'd determine whether the IV at purchase and subsequent decline (due to maybe an earnings play) is worth a gain potentially earned from capital increase... really you'd just obtaining the option at a time when theres many players in the market and that in the future can make it harder to follow it's underlying adequately.
If you think the stock price will increase after earnings, then your best bet would be to sell an OTM put option. If the stock price does increase and IV collapses, both of those things will significantly reduce the value of the put option...this is what you want as an option seller.
Please make a video on how to scale your options trading portfolio without over leveraging your margins. Do you just keep injecting cash to sell put options...
I would start by increasing the Delta of your contracts to increase the credit collected while only marginally increasing risk. Then you can start increasing the number of contracts.
After I fully understand how implied volatility works and how it affects the price of options it helped a lot in making me profitable in trading options. It is well worth your time to fully learn about implied volatility.
Great video, love all the insight and information. However, your stance on weekly options is something I’ve seen contradicted by others. Would you agree that there are certain options strategies that can be profitable and easily managed?
Hey Dennis! If you're interested, I have a video that will show you exactly how to set up your stock scanner to find the best stocks for options trading... ua-cam.com/video/Sq7DSg6ndlI/v-deo.html
The outcome of the trade is simply the difference between the purchase price and sale price. For example, if you bought a Call for $100 and sold it later for $150, then you would make a profit of $150 - $100 = $50.
The sweet spot is around 30 to 45 days to expiration.This is when time decay begins to really accelerate and you'll still be able to collect decent premium.
10:00 Each time I decide to take profit, it ends up going quite a bit higher, making me wish I let the winner ride (but when I actually decide to do that, the following day it goes the opposite direction) :D lol I think my biggest pain point with "Covered Calls" have been where stock goes to the moon, my stocks gets called away and I have to settled for selling the stock for lot lower. This happens with stocks that were previously moving sideways ... it's like market is playing trick on me ....🤣😂
You can always avoid assignment on a covered call by rolling the contract to the next expiration cycle...and you'll collect additional credit by doing so :)
hi, hate to be a skeptic… but i’ve watched multiple of your videos. you said you started with $15k two years ago and that you aim for 2% returns each month. that just doesn’t add up anywhere close to 1.2 million. even if you added $1k of your monthly income into the portfolio ex ninth, plus 3% monthly return is only $62k after 24 months if you started from $15k. so how did you ACTUALLY make that much? you would have averaged 20% return every month +1k monthly income added to make these numbers you claim even possible
Alex I had a question, What if I Sell a deep ITM call with low Liquidity and OI and want to hold it till expiration, I wouldnt need to worry about the Liquidity and OI in this case right as I dont want to buy it back. I hope you answer.
Trying to figure out when selling puts and I want to have shares assigned should I go in the money one level because I keep collecting premium but my strike price is staying below the current market value. I am wanting to buy the shares so I can start trading covered calls.
If you want the shares, there's no real point in selling puts that are in the money. Yes you'll collect a higher credit, but part of that credit is intrinsic value...which you'll just end up giving back from the assignment if it does happen. Best to sell at-the-money puts in this case.
My mistake: selling weekly puts on AMC and NVDA. then eventually getting my puts assigned. I then started selling weekly calls on my assigned shares, as the price of the stock went lower I sold weekly calls with lower strike prices, and then the price of AMC rose sharply, my AMC calls got assigned. But the strike price was way lower than what I bought the shares for, so I loss money. But the biggest mistake I kinda have a hard time admitting thats a mistake is that I'm using a whole bunch of margin for the NVDA shares and when/if I get margin called I am going to lose alot of money.
This is great content. With all due respect you need to grow your channel. Or at least get back to it. I don't know if you're on some hiatus but it seems that people looking to learn options like your content, myself included, and would love to see more videos from you. You know have the knowledge and personality to get even more subscribers. Hope all is well and hope to see you back on UA-cam
I’ve always got confused when traders say let your runners ride and don’t cut profits early. Then they say don’t get greedy. How am I supposed to find the medium 😩
I'm new to all of this and very interested in learning how to invest. I do have a very small portfolio. I'm not looking to get rich. I just want to be a little bit more comfortable in my finances. Not worry about truck payment or maybe paying for next meal. Just have a little bit more than what I have now.😅
Mistake: Being correct on the direction but being too far out from the current strike price sacrificing profits in the short term which is what I wanted and actually taking a loss even though I was in the right direction. Trade near the stock price and do not go for the big win.
Why weekly options is not the right way??? would be interesting to have pros/cons comparison between weekly and monthly option trading. My back tests shows weekly is better (even if losses are bigger)
You’re right. There are very obvious catalyst days for certain stocks. For instance when Elon stopped selling it was clear tesla would go up. You don’t need to buy a month or year out because you know it’s gonna go up that day. So you buy it for the end of the week at a very close strike price. I think you win more than you lose this way and if for some reason it retraces two percent you can sell
I have a video that goes super in depth with the differences between Weekly and Monthly contracts! Check it out here if you're interested :) ua-cam.com/video/LIoiLCGRaiA/v-deo.html
Great tips and it's so true that most investors including myself hang on to losers in the hope that it will come back at some point but how do you determine on how long to ride the winners. I think it's hard to sell at the right time than to buy in to a position.
Robinhood has options watchlists now… I practiced with certain stocks and it keeps track of when you started tracking and your gains / losses since that point. Also helps you to track the IV over time so you can find a good entry point… but the options I play with are crypto related so that number is usually pretty high anyway and can play big in your favor.
At 10:15 yes it would be nice to have those 100+ percent returns but you never know when(if) a reversal is gonna come into play so why not play it safe and take profit instead of holding especially for a newbie become I've been in trades where I was like up 40 or 50% and then it drops back down to 10 to 20%. Also alot of people can't afford to put in 2k on a option for a year out
I’ll find stock I’m interested in, then start my process: see the stock is in uptrend, check the options and the premiums, buy the stock straight out and sell cc or buy leaps
Hey are you going to make more videos?? I really love your channel I’m just starting to learn about investing and your really good at explaining it and even making me laugh too!!
11:05. You said you like to sell options. Are you say by buy and call ? Cause that’s the only way I see me making a profit. I’m good with doing those type of options. I watched so many videos and I’m still not getting where it’s sell options unless the (buy and call) is what you mean by selling options
big mistake ive made and learned from is not paying to get out of a call. had i kept it and waited for the stock to drop i would have actually made a good amount of money rather then pay to get out of it.
Went for a semi-cringe thumbnail today to see how it does with the all mighty algorithm. P.S. I hate it, but did it make you want to click the video??? Thoughts? :)
Please, anyone can answer, sometime when I do sell/put some stocks give me the premium right away and some doesn’t? Is that normal? Do I only get the premium when the options expire?My options is execute but i don’t get the premium right away. If anyone can clarify why that is, it would be greatly appreciated!
The title was good, it made me click on the video
@@eagleeyeava701 Hey, you get the premium immediately after selling your option! I am not sure of the instances you wouldn't get the credit because the buyer is paying it to you at that moment.
Honestly didn’t even notice I just auto play all your content. Really enjoy your content and how you manage to mix the useful info in with your sense of humor.
@@PandreaMoney thank you for your reply, I thought the same too, I did a AMC sell/ put $30 2 weekscall when the stock was trading around 28, but I did not receive the premium for that options right away,
Also, I noticed when I looked at my buying power, the collateral was combine both of the amount I put up for the sell:put options and the premium,
Example: I spend $5000 for the option, premium was $500, the collateral was showing $5500
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name *PRISCILLA DIANE AIVAZIAN* and everything changed. I started enjoying huge returns from my investment.
@@veramonique1724 Oh, that sounds good but how do I reach out to PRISCILLA DIANE AIVAZIAN ?
@@veramonique1724 Okay thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me
I've watched alot of people trying to learn options they either suck, talk to much , and take forever to get to the point and show you what do you.. you my friend helped me understand a little better .
I don’t know how, but you’ve been able to package an unbiased analysis that is more entertaining than the sensational segment of the economic and financial news, thank you for your effort to be the signal and not the noise, I had to get an expert, Sir Eric Arlo to manage my trades as I have no skills for that, my account has been growing up to 7- 15 % weekly depending on market conditions and this is the sixth month for me
How so?
Can you connect me to your pro please, I just started out and lost some money already so I need help preferably from an expert
Trading is actually a great source of income once you have a solid foundation and guide, best to look for help than suffer in silence
That is my trader’s mail address above, sir Eric he should help you too
@@finny_ I just sent him a mail, thanks for sharing
Good thing you asked him, I am very much interested in getting into the market although some things have showed me otherwise but in the hand of verified experience I should soar gracefully
From my experience trading options can be a bit overwhelming and confusing especially for new traders, but with a good understanding and a proper strategy it can be a very profitable venture.
No lies here, am a newbie and I can’t seem to understand how to trade options properly.
I’ve been trading options for four months now and it’s been complicated for me, I have been stuck on the losing side of most my trades and when I make profits it’s just a few hundred dollars.
Glad to know am not alone with this exact experience, where you able to get profitable with your trades.
@@keatonmorgan295 It's hard to try to outsmart the market without experience, this is why market investors take a more secure route towards guiding their investments by having a proprietary brokerage assist them in growing their portfolio.
@@aryanmalhotra4520 There are a lot of them out there, hard to know the one with an excellent service.
I started in August with a few thousand, I got a little to confident with buying calls on stocks I liked, 40% of my portfolio was options lol, was up 233% in 3 months and it all crashed and burned now I’m back where i started but I’m glad I messed up because now I know next time, thanks for the tips man!
Making mistakes and losing money is part of the learning process! Tough giving back all those profits, but hopefully now you've learned how to make and KEEP those profits next time :)
Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated.....
You have to have an idea on what you wanna invest in carefully before going in
@@abelalvarado4281 You make it seem unreal to make up to that as a passive income annually,when it’s clearly possible. I have made over 1Hunnid thousand dollars from January till now with no joke game plan. He’s a masterpiece and his name is Kyle Walton
He's tel gram ❗️
kylewalton1
💥
This Expert right here,I tradr with him he’s inventive and the P.O.T are no jokes, I won’t look awestricken u made mention of him
I found your channel through your collab with Andrei Jihk. I have never even considered buying or selling options, but love the education your provide. Thank you!
Thank you for making me realize i've been hitting the trifecta on what not to do
Leaps are your friend! Same experience for me, I bought/sold weekly, monthly, more loss then gain, go long and you’ll be glad! Great video
What stocks do u reccomend rn for leaps?
@@crazyfool1 I’ve recently bout On semi conducter company for 2023 leap along with marvell
Leaps will usually pay you the biggest premium up front. You don't have to wait the entire time. If you don't want to, but, if after a a few weeks or even the same day, if you're lucky enough to have a very volatile stock like Tesla, the stock will take a huge swing in your favor, and your contract will magically be worth significantly less because the stock price has either significantly increased or decreased. Then you can close the contract, and in some cases, being able to keep at least half the premium.
@@kzigmant so you are selling leaps?
@@crazyfool1 started buying and selling Leaps a few months ago. One advantage of buying is being able to choose and controlling your risk. However selling covered calls through leaps is controlled as well since you're using stock you already own as collateral.
Your style is the freshest and simplest, yet highly informative that I have found so far. I enjoy so much watching and learning from your videos. Thanks!
investing successfully in forex requires the expertise of a professional broker that is why i have made profit since i started trading with mrs Linda Bradford
wow,amazing to see others who trade with mrs Linda i am currently on my 5th trade with her and my portfolio has increased tremendously
I invest with mrs Linda 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 profit
this is not the first time i am hearing of Mrs Linda her exploits in the trading world but i have no idea how to reach her
I'm also benefiting from*Mrs Linda I was afraid of investing with her platform untill I got convinced by my cousin who linked me up with her and since then, i've been earning atleast $6,000 profit weekly from every $1,000 I invest.
@@robertbennett5106 kindly communicate with her on her telegram channel@ tradewithlindabradford
i honestly love leap options that are deep in the money. but im glad you mentioned the volume and open interest thing because though i kind of knew it was important i didn’t know completely why.
Definitely! I'm always trying to make sure I cover as much as possible - theres just so much haha :)
I think one of my biggest mistakes when doing options is not having the patience and exiting my positions too early 😑, I've learned the key to options is give them time for them to do their magic and when the money is there than u just come and take it! But patience besides other things is definitely a key factor 👍
Also helps to have GTC closing orders to take profits...takes the emotion out of the decision to exit a trade, which is crucial.
Man I absolutely love this video. Crazy thing is, I've probably seen it months ago and couldn't comprehend because I was less seasoned as an options trader. Now I've gone through every segment of this video and you speak truth. I had to make mistakes to learn what not to do and I had to do alot of research to formalise a consistent strategy. I like the fact that you sell and I looking to move away from weeklies but still get a weekly ROI
Hi Pandrea, how do you set stop losses on options?
One of the reasons options traders lose money they buy the cheapest strike price. Instead of in the money and at the money strike price. If strike price is say 0.55 or cheaper it's that cheap for a reason! I like out of the money strike prices also, difference is I'm not looking for one too far away from at the money strike price. When the strike price is too far away from at the money the stock has to work way harder to make you profit. Surprised this wasn't mentioned in the video.
Could you do a video on how to screen for the right stock options picks for selling puts?
Hey Bryan! If you're interested, I have a video that will show you exactly how to set up your stock scanner to find the BEST stocks for options trading...
ua-cam.com/video/Sq7DSg6ndlI/v-deo.html
I can't believe it☺️, I just bought a House after I invested $5000 and I now make $31,500 every 21 days. It's been a life changing experience🤗
Wow that's awesome because I Started with $5,000 at the same time. Now at 52,000$.
@Joe turner started my investment with her with a sum of 750$ now I'm at 4200$
@Vido jimenez Bitcoin to the Moon 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🌝🌝🌝🌝 Kuma Inu and Hina Inu are hidden 💎💎💎💎💎
How do I get into these if I'm in newyork?
👑👌
Hello ! This is so much fun ! Thank you very much for explaining this difficult subject so easily and simply 👍
I have done all these mistakes:( without realizing all these are mistakes. Thanks for guidance!
Hey Alex, how do I know when the implied volatility is high or low? Would you make a video about it. Please!!
He said where to look already watch his videos again
Use the IV Rank or IV Percentile indicators if your trading platform has them. They compare the current IV to the past year and tell you in one number how high or low the current level is. And if you're using Robinhood or some platform that doesn't have these indicators, then change brokers :)
@@scottreesetradinginvesting7936 thanks man, I appreciate it!!
@@Frank-vx4im Sure thing :)
I love your videos. Great humor! Always a very clear explanation of the topic and thanks for the written transcription with the video!
I won’t know my mistakes until the market opens tomorrow 😅
New to options and trying to learn as much as I can before starting. I am curious what you write in your notebooks. Can you show some examples or do a video on it?
one of my biggest mistakes was selling puts during earnings...... i anticipated the price to go up after earnings however it tanked and I was assigned the shares at a much higher price than where it ended up
This is why I prefer to sell strangles right before earnings. Allows you to pick strikes further away while still collecting a solid credit. Plus if the stock moves down more than expected, the profits on the short call will offset the losses on the short put to a significant degree.
Selling options and jotting notes down by hand is exactly what I do as well. Great strategy with consistent returns. Great video bud 👍🏻
Thanks Zac, glad to hear it!
Could you please explain about Assignment? . Here is a situation, i bought a long call OTM and now its ITM. I want to take my profits , so i decide to sell the call. Now i sell the same call i bought , same strike price and expiration right.
1. What if someone doesnt buy my call?
2. Am i at risk of being assigned? I dont have 100 shares, what would be my situation if i do get in this.
This is confusing me. Please clarify if you can.
You don't get assigned on options that you purchase. That's only a concern if you sell options as an opening trade. And someone will always buy the option you are trying to sell. If liquidity is poor, however, then you may have to sell at the Bid price. That's where market makers will buy anything.
My issue is the premiums are so expensive for months out options I feel like I can't get off the ground because of that.
My biggest mistake is not keeping track of my trades, but it’s one of my New Year’s resolution 😁
"Losing is only temporary and not all encompassing. You must simply study it, learn from it, and try hard not to lose the same way again. Then you must have the self-control to forget about it." - John Wooden
Yea I never did either for the longest time. I was all over the place and couldn't even remember what I did the previous week lol. It definitely helped me a lot.
Sometimes I get confused on when I should buy to close when selling options. I need to hold to my targets of close when I’m 80% up or greater before expiration. I’ve had a Friday flip on me and at market open I was up 70% and by close I got assigned. No biggie I sold covered calls the next week but I was stuck with it for a few months. We love your content, keep it coming!
Really helps to have GTC closing orders on your trades. Takes the emotion out of profit taking and keeps your approach super consistent.
Nice energy boost. It almost sounds like you're excited about the topic and not boring lol
łnvestment Helpline⬆️⬆️📩⤴️⤴️.
I used your leap strategy and have made over $1000 in 1 month
Thank you very much for that great content! After studying options and the basics over the last months I am currently a bit reluctant to make my first trade mostly due to IV. I understand that it might make sense to rather sell options when IV is high. Nevertheless, what is the best move if I think that the stock price increases followings earnings but IV might crush down? If I sell a put option the intrinsic value increases if the stock price increases. Would I also profit from IV crushing down as I am on sell side or would a IV crush also affect my position negatively?
im not sure but i'd think you'd determine whether the IV at purchase and subsequent decline (due to maybe an earnings play) is worth a gain potentially earned from capital increase... really you'd just obtaining the option at a time when theres many players in the market and that in the future can make it harder to follow it's underlying adequately.
If you think the stock price will increase after earnings, then your best bet would be to sell an OTM put option. If the stock price does increase and IV collapses, both of those things will significantly reduce the value of the put option...this is what you want as an option seller.
I learn so much from your video sir…thank you ❤
Thanks to Andre for introducing you from his channel. Since then I ve been watching you and learning a lot of mistake that I made
Please make a video on how to scale your options trading portfolio without over leveraging your margins. Do you just keep injecting cash to sell put options...
You mentioned it in this video a bit, just possibly a video to expand on scenarios por favor.
I would start by increasing the Delta of your contracts to increase the credit collected while only marginally increasing risk. Then you can start increasing the number of contracts.
Both very informative and entertaining. Thank you for sharing your expertise.
After I fully understand how implied volatility works and how it affects the price of options it helped a lot in making me profitable in trading options. It is well worth your time to fully learn about implied volatility.
It's literally the heart of options trading :)
Would be really interesting to see how you're tracking your trades in a notebook. E.g. what do you write down - the basics or greeks, IV, etc.
Great video, love all the insight and information. However, your stance on weekly options is something I’ve seen contradicted by others. Would you agree that there are certain options strategies that can be profitable and easily managed?
Thank you for your videos, I am learning a lot and lost money last year
can you do a video on picking the best stocks to sell puts
łnvestment Helpline⬆️⬆️📩⤴️⤴️.
Hey Dennis! If you're interested, I have a video that will show you exactly how to set up your stock scanner to find the best stocks for options trading...
ua-cam.com/video/Sq7DSg6ndlI/v-deo.html
If you sell a call option that you bought out of the money, will you lose all of your premium, or just the amount that it’s in the negative?
The outcome of the trade is simply the difference between the purchase price and sale price. For example, if you bought a Call for $100 and sold it later for $150, then you would make a profit of $150 - $100 = $50.
Great Info!! Your videos are so helpful!
What is best way to sell covered calls? Weekly or longer term?
The sweet spot is around 30 to 45 days to expiration.This is when time decay begins to really accelerate and you'll still be able to collect decent premium.
Very helpful video, thank you
10:00 Each time I decide to take profit, it ends up going quite a bit higher, making me wish I let the winner ride (but when I actually decide to do that, the following day it goes the opposite direction) :D lol
I think my biggest pain point with "Covered Calls" have been where stock goes to the moon, my stocks gets called away and I have to settled for selling the stock for lot lower. This happens with stocks that were previously moving sideways ... it's like market is playing trick on me ....🤣😂
You can always avoid assignment on a covered call by rolling the contract to the next expiration cycle...and you'll collect additional credit by doing so :)
Absolutely that's what happen to me today. Buying ROKU Call thought it would continue up but reverse downwards
Love the vids man. learned so much from you. Keep up the hard work! not only paying off for you but for us as well!
hi, hate to be a skeptic… but i’ve watched multiple of your videos. you said you started with $15k two years ago and that you aim for 2% returns each month. that just doesn’t add up anywhere close to 1.2 million. even if you added $1k of your monthly income into the portfolio ex ninth, plus 3% monthly return is only $62k after 24 months if you started from $15k. so how did you ACTUALLY make that much? you would have averaged 20% return every month +1k monthly income added to make these numbers you claim even possible
He bought a bunch of OTM LEAP options on meme stocks and got lucky. No strategy there.
@@scottreesetradinginvesting7936 that makes more sense
@@johnquinn3051 Ya I think this guy means well, but he's one of the last people I would take real financial advice from.
Alex I had a question, What if I Sell a deep ITM call with low Liquidity and OI and want to hold it till expiration, I wouldnt need to worry about the Liquidity and OI in this case right as I dont want to buy it back. I hope you answer.
Trying to figure out when selling puts and I want to have shares assigned should I go in the money one level because I keep collecting premium but my strike price is staying below the current market value. I am wanting to buy the shares so I can start trading covered calls.
If you want the shares, there's no real point in selling puts that are in the money. Yes you'll collect a higher credit, but part of that credit is intrinsic value...which you'll just end up giving back from the assignment if it does happen. Best to sell at-the-money puts in this case.
liked and subscribed! best trading content on UA-cam!! Thank you!
Thanks bro, cool stuff. Watched your videos like for 3 hours straight
My mistake: selling weekly puts on AMC and NVDA. then eventually getting my puts assigned. I then started selling weekly calls on my assigned shares, as the price of the stock went lower I sold weekly calls with lower strike prices, and then the price of AMC rose sharply, my AMC calls got assigned. But the strike price was way lower than what I bought the shares for, so I loss money. But the biggest mistake I kinda have a hard time admitting thats a mistake is that I'm using a whole bunch of margin for the NVDA shares and when/if I get margin called I am going to lose alot of money.
I felt that I didn't lose that much but I quit doing that, I'd rather do it on the size of my pocket.
Please tell me you held your nvda shares from last year 🤣🤣hopefully that rose you out of margin hahaha
Over sizing and selling out to fast and not leaving a runner
is there any difference between rolling an option instead of opening a new position?
This is great content. With all due respect you need to grow your channel. Or at least get back to it. I don't know if you're on some hiatus but it seems that people looking to learn options like your content, myself included, and would love to see more videos from you. You know have the knowledge and personality to get even more subscribers. Hope all is well and hope to see you back on UA-cam
I’ve always got confused when traders say let your runners ride and don’t cut profits early. Then they say don’t get greedy. How am I supposed to find the medium 😩
Any recommendations for some tickers to experiment with selling calls as a beginner?
Any stock with high implied volatility and great liquidity. SNAP, TWTR, ROKU, FB, AMD, NVDA, PINS, KSS, etc.
Loosing money is not cool! Especially with inflation on everyone's face! Thanks for advice Sr!
My biggest mistake is not paying attention to my day trades and watching my contracts slowly expire to 0 in fear of getting my account restricted haha
Gotta have at least $25k if you want to day trade unfortunately.
Hello Alex love your videos i have a request can you explain the christmas tree option strategy.
Thank you for this amazing video! Maybe you could make a video about the wheel strategy
I'm new to all of this and very interested in learning how to invest. I do have a very small portfolio. I'm not looking to get rich. I just want to be a little bit more comfortable in my finances. Not worry about truck payment or maybe paying for next meal. Just have a little bit more than what I have now.😅
Mistake: Being correct on the direction but being too far out from the current strike price sacrificing profits in the short term which is what I wanted and actually taking a loss even though I was in the right direction. Trade near the stock price and do not go for the big win.
What quantifies low open interest or volume when relative to a contract further out on the timeline?
Why weekly options is not the right way??? would be interesting to have pros/cons comparison between weekly and monthly option trading. My back tests shows weekly is better (even if losses are bigger)
Because theta decay is a bitch.
You’re right. There are very obvious catalyst days for certain stocks. For instance when Elon stopped selling it was clear tesla would go up. You don’t need to buy a month or year out because you know it’s gonna go up that day. So you buy it for the end of the week at a very close strike price. I think you win more than you lose this way and if for some reason it retraces two percent you can sell
I have a video that goes super in depth with the differences between Weekly and Monthly contracts! Check it out here if you're interested :)
ua-cam.com/video/LIoiLCGRaiA/v-deo.html
So what do you do if you need to hedge funds to buy a leap?
Great tips and it's so true that most investors including myself hang on to losers in the hope that it will come back at some point but how do you determine on how long to ride the winners. I think it's hard to sell at the right time than to buy in to a position.
Robinhood has options watchlists now… I practiced with certain stocks and it keeps track of when you started tracking and your gains / losses since that point. Also helps you to track the IV over time so you can find a good entry point… but the options I play with are crypto related so that number is usually pretty high anyway and can play big in your favor.
At 10:15 yes it would be nice to have those 100+ percent returns but you never know when(if) a reversal is gonna come into play so why not play it safe and take profit instead of holding especially for a newbie become I've been in trades where I was like up 40 or 50% and then it drops back down to 10 to 20%. Also alot of people can't afford to put in 2k on a option for a year out
When selling are you selling a covered call or selling a Put?
No stop losses, on the sell puts where it hits my strike price ...
I laughed several times at this video because I think I made all those mistakes!! So true, great video my man happy trading!
Losing money means you are doing the complete opposite of what the objective is and losing money is painful.
Loosing money means nothing you can always get it back loosing your dignity is hell
my investing mistake was being too greedy.. chasing high premium instead of stable stock.
Great work! Thanks
So many lessons in one video.. Awesome vid bro.
Thanks a lot!
Loosing money for me means ramens and cereals for breakfast... lunch... and dinner! Ramens always comes with acne!
I know it’s bad but, my portfolio is 80% amc🦍
Might want to fix that or you're not going to even have a portfolio to trade with much longer lol
Losing money means being unable to afford the newest collectible deck of cards.
Thank you for the video man!
I’ll find stock I’m interested in, then start my process: see the stock is in uptrend, check the options and the premiums, buy the stock straight out and sell cc or buy leaps
Excellent… Thank you very much...
Thank you for the free lesson. Great vid man!
łnvestment Helpline⤴️TeXtMe DiReCtLy👆👆.
You r a Great teacher brother.🙏👍
Love the channel! Will there ever be a portfolio review or reveal?
Very good explanation buddy
Hey are you going to make more videos?? I really love your channel I’m just starting to learn about investing and your really good at explaining it and even making me laugh too!!
Timely and very sound advice! Thanks!
łnvestment Helpline⬆️⬆️📩⤴️⤴️.
11:05. You said you like to sell options. Are you say by buy and call ? Cause that’s the only way I see me making a profit. I’m good with doing those type of options. I watched so many videos and I’m still not getting where it’s sell options unless the (buy and call) is what you mean by selling options
Selling options means you literally sell either a Call or Put as an opening trade....not buy one first and then sell it.
Another fantastic vid! Super informative and well delivered. Keep crushing it bro.
Thanks Andrew, will try to crush it even more in 2022! lets go!!
As a drummer skilled in stick tricks I have to say I was very impressed with that quick pen twirl you did 😂🔥
łnvestment Helpline⬆️⬆️📩⤴️⤴️.
big mistake ive made and learned from is not paying to get out of a call. had i kept it and waited for the stock to drop i would have actually made a good amount of money rather then pay to get out of it.
Great job thank you for tips. 👍🏿
How to be a option seller . Don't you need to be a first option buyer for a put or a call contract?
Hi Alex, i hope you can make a video with starting small amount, say 500-1000 usd. Thanks