Thank you for watching. If you like the content please SUBSCRIBE and hit the Notification bell. Happy Investing! ►► AVAILABLE NOW! Limited to the FIRST 100 people, get my brand new online Option Trading course (Intermediate option trading) for $497. Regular price is $997. Here is the link to check it out: mylifeoflearning-randy.mykajabi.com/offers/EgeavtWJ New Beginnings: The Option Trading Story amzn.to/2OgXx58 Website: mylifeoflearning.com/index.html Face Book: facebook.com/jamiston.queens Instagram: instagram.com/mylifeoflearning_/?hl=en
Great strategy. I trade this same style. I ended up getting xom from selling puts near covid at 38/share basically after premiums . I thought to myself "who wouldn't own this company for that price." Now I'm rolling 111 calls on it. Been doing this with 7.50 sofi puts as well
If I have a sold put option that is now in the money, should I keep rolling it out to the next expiration date instead of closing the position? Do you alway keep the original credit on the sold put option even if you roll it out to another date?
You get to keep the credit for an option you’ve sold. That is yours when you sell it. However, what you do with the position if it goes against you as you described, it’s really a personal decision. You have several things you can do when that happens. Here are a video series that will help: ua-cam.com/play/PL3j38I2YtGw2mMZNftBUDs1Ln984R0wV9.html&si=J0ELMzNc850zenJm
Great videos! When you own a stock you have no downside protection. Is it Correct? Do you conseder a stock like an asset that give you monthly income, nomatter if the price fall down? Thank you very much for your videos. I'm going to see all of them
Thank you for your questions and support! As far as your first question about downside protection, unless you buy put options, you're correct, you have no downside protection. If you want downside protection you could simply buy put options for that. I look at it similar to real estate. I don't know of any kind of insurance I can buy to protect me from the price of the house I own going down. But I know as long as it's in a good area/it's a solid company, it won't go to zero. I look at stocks the same way. As far as your second question, that's exactly right. I look at the stocks I own like an asset that I want to generate income on every month. By selling options, we can do that. I look at them similar to rental houses in which you expect to collect rent on every month. That's what I want to do with the stocks I'm selling put options on and the stocks we own already by collecting dividends and selling call options against.
Hey Antoine thanks for the question. Since you want to annualize the return, you just multiple that 0.0146 X 12 months and that gives you the 17.6% annualized return or a 1.46% return for the one month. Does that help?
Thank you for watching. If you like the content please SUBSCRIBE and hit the Notification bell. Happy Investing!
►► AVAILABLE NOW! Limited to the FIRST 100 people, get my brand new online Option Trading course (Intermediate option trading) for $497. Regular price is $997. Here is the link to check it out: mylifeoflearning-randy.mykajabi.com/offers/EgeavtWJ
New Beginnings: The Option Trading Story amzn.to/2OgXx58
Website: mylifeoflearning.com/index.html
Face Book: facebook.com/jamiston.queens
Instagram: instagram.com/mylifeoflearning_/?hl=en
Great strategy. I trade this same style. I ended up getting xom from selling puts near covid at 38/share basically after premiums . I thought to myself "who wouldn't own this company for that price." Now I'm rolling 111 calls on it. Been doing this with 7.50 sofi puts as well
That's awesome! Thank you for sharing
I still enjoy viewing your past video, very well done
Thank you 😊
Your videos are awesome!! thank you
Thank you so much for your support and comment! It means a lot!
Hi Randy, can you explain why you buy or sell a put vs a call?
Are you referring to doing a cash secured put vs covered call?
If I have a sold put option that is now in the money, should I keep rolling it out to the next expiration date instead of closing the position? Do you alway keep the original credit on the sold put option even if you roll it out to another date?
You get to keep the credit for an option you’ve sold. That is yours when you sell it.
However, what you do with the position if it goes against you as you described, it’s really a personal decision. You have several things you can do when that happens.
Here are a video series that will help: ua-cam.com/play/PL3j38I2YtGw2mMZNftBUDs1Ln984R0wV9.html&si=J0ELMzNc850zenJm
Great videos! When you own a stock you have no downside protection. Is it Correct? Do you conseder a stock like an asset that give you monthly income, nomatter if the price fall down? Thank you very much for your videos. I'm going to see all of them
Thank you for your questions and support! As far as your first question about downside protection, unless you buy put options, you're correct, you have no downside protection. If you want downside protection you could simply buy put options for that. I look at it similar to real estate. I don't know of any kind of insurance I can buy to protect me from the price of the house I own going down. But I know as long as it's in a good area/it's a solid company, it won't go to zero. I look at stocks the same way.
As far as your second question, that's exactly right. I look at the stocks I own like an asset that I want to generate income on every month. By selling options, we can do that. I look at them similar to rental houses in which you expect to collect rent on every month. That's what I want to do with the stocks I'm selling put options on and the stocks we own already by collecting dividends and selling call options against.
@@StockandOptionMyLifeOfLearning I've subscribed Patreon and I will follow you.
thanks for your patience and explanation!
Sounds great! I look forward to working with you.
Hi Randy, How did you get 17.3% cash return on the AAPL May trade? I am getting 14.6% (330/22500)? Am I missing something?
Hey Antoine thanks for the question. Since you want to annualize the return, you just multiple that 0.0146 X 12 months and that gives you the 17.6% annualized return or a 1.46% return for the one month. Does that help?
@@StockandOptionMyLifeOfLearning yes thanks!