I did 2 cash secured puts on MSTU at the 80 and 85 strike price Dec. Collected about $2200 and put up $16500. My breakeven price would be in the mid 60s.
@@leny7829 Yes, because MSTU is a 2X leveraged play with only monthly options. Which is fine, but understand what you are doing if you go that route. To compare these compare MSTX and MSTU looking at the Dec-20 strikes for an apples to apples look versus different timeframes.
Thanks Ashley especially running the numbers on the ROI ; I’ve backed out of play when the % was not there. Sold MSTR 12/20/24 280p at a 10Delta $1580 👍🏻 watching it closely!
Just love and enjoy how you show the calculation and so detailed in your explanation. You are a joy. I hope someone could also make video of buying calls and puts like you
I did this exact trade friday but I did 60 strikes... can only roll down and out to dec20th unless they come up with lower strikes for next week... seems good to have a strike over 50% under the current price
The annualized ROI for the MSTX/R 25k challenge is well over 100%. That’s quite amazing Ashley! I love your volatility plays. I only started trading it last week and bought a protective put to guard my covered call. It seems with such extreme volatility it becomes even more necessary to define exits and establish protection. MSTX/R can run faster than lightning. Protection grounds us from getting shocked. 🙂
Thanks Ashley gaining alot of knowledge from your channel, I LOVE MSTR !! selling weekly puts along with your suggestion of rolling within the same week and I am making a killing!! WOW ...
@jimanderson6519, the distinction is the business model. MSTR's sole value is whether its assets go up, or down in price. Unlike most businesses that generate revenue, and profits, from their assets.
Big difference in business models. Apple and Microsoft generate revenue from their assets, MSTR doesn't. MSTR is just hoping their asset (bitcoin) goes up in value. Big distinction.
Hi, if you don't mind getting assigned, you can certainly move the strike price closer and consider the Delta? Or a stock like this you would want to stay far away from being assigned since it is a volitile stock?
Great video, I have a question for the option queen. If I have a covered call and I set a strike price just a little bit above what I own it for at the beginning of the week let’s say on Monday and on Wednesday it is above the strike price so I will get exercised, can I sell it and keep the premium or do I have to wait until Friday?
You have to wait until Friday or attempt to roll the call out to a future date and higher strike which will usually earn another credit. What you do depends on what you're trying to accomplish.
So what is the best way to handle that just let it expire Friday and keep the premium and then the following Monday do another call, covered call I mean, is that the best way to do weekly covered calls?
HI.. so on mstx if the price starts going down whats the best price to try to roll it or buy it back.... because i dont want to be put the shares.. .. i know you say just wait for it to go back up but my luck it will go down and stay there for like 6 months or some crazy thing .. then my cash will be all tied up
If you sell a cash secured put for $60 for this Friday 11/29/24 and get assigned then just sell a covered call for $60 for next Friday and collect more premium. Csp + cc = wheel strategy
Ashley, I got Mstr a few weeks ago when it was in the low 300s and I got selling puts at $250 and it’s been running since then but my total gains still show negative. I understand that it’s truly not negative but shouldn’t it be positive when it’s running so much and way above where I first got it?
MSTX seems to be in freefall this morning so far. -Was planning on selling the lowest strike available this morning: still $55, now a .02 delta. If this pace of decline continues, it could hit that strike seemingly. I'm in wait and see mode.
Note: Delta is not Probability-In-Money. Right now, 2024-11Nov-24Sun, 04:57pm: $250 Put on $MSTR has Delta=0.04 and Probability-In-Money=7.73%(not 4%) Yes, Delta and %PIM are close near stock price but diverge farther away.
First, Happy Thanksgiving Ashely to you and your family. Next, Either this week or next week, I will be trading MSTX which is a huge trade for me. If I can successfully trade MSTX couple of times a month, this can be a game changer.
Ashley's New Trader Network This community is designed for beginner traders who are hesitant about fully committing to options trading, especially those with account sizes under $5,000. As a member, you’ll gain access to Ashley's comprehensive options course to help you build a strong foundation. Each week, you’ll receive one detailed trade example to study and learn from, along with the opportunity to ask questions about strategies and concepts to deepen your understanding. Additionally, Ashley provides pre-recorded weekly lessons, allowing you to learn at your own pace. This network is perfect for beginners who want to start paper trading while developing confidence and knowledge in the world of options. Ashley's Inner Circle Discord For those who are ready to commit to options trading and have account sizes of $10,000 or more, Ashley’s Inner Circle Discord provides a more immersive and supportive experience. In addition to full access to Ashley’s options course, this community features guidance from Ashley and four experienced Discord coaches who are available to answer questions ranging from general trading concepts to in-depth analysis of trade setups. Members can participate in three live coaching calls each week, offering real-time interaction and personalized communication from Ashley. You’ll also gain access to Ashley’s own trade alerts and insights, giving you a practical edge in your learning journey. This is the ideal group for dedicated beginners looking for a collaborative environment and comprehensive support to advance their options trading skills.
❤I bought MSTX at $58 per share. Did a cover call at $80 a share instantly skyrocketed to 180 and I was looking like I was going to leave too much money on the table. So I had to roll out and up all the way to June of next year at 190 strike price. Now I have to wait so long and a lot can change. Help Ashley.
@ I still own the shares and my contract is in June at a strike price of 190$. It would have been nice to realize the gains when it was hot. Hopefully by next June, it will rip again. Unfortunately, I had to pay about $1200 to roll it to that price and that date…. It just holds up a lot of capital that could be putting on new trades. Anything I can do or just grab my ankles and wait? Thank you love the show and recommended to everyone.
Not at all. If it drops, I look at it as a gift to buy more but I do truly believe in the Bitcoin concept as I have studied it extensively and if you look at the returns every 4 years, it continues to outperform all other asset classes.
I did 2 cash secured puts on MSTU at the 80 and 85 strike price Dec. Collected about $2200 and put up $16500. My breakeven price would be in the mid 60s.
Seems like the MSTU return %age is > than MSTX using Ashley's formula or am I looking at it wrong?
No weeklies yet
@@leny7829 Yes, because MSTU is a 2X leveraged play with only monthly options. Which is fine, but understand what you are doing if you go that route. To compare these compare MSTX and MSTU looking at the Dec-20 strikes for an apples to apples look versus different timeframes.
Thanks Ashley especially running the numbers on the ROI ; I’ve backed out of play when the % was not there.
Sold MSTR 12/20/24 280p at a 10Delta $1580 👍🏻 watching it closely!
Just love and enjoy how you show the calculation and so detailed in your explanation. You are a joy. I hope someone could also make video of buying calls and puts like you
Thank you 🙏
Thanks for sharing that MSTX now has weekly option expirations. I enjoy your videos a lot! :-)
Glad to help! 🙏
I did this exact trade friday but I did 60 strikes... can only roll down and out to dec20th unless they come up with lower strikes for next week... seems good to have a strike over 50% under the current price
The annualized ROI for the MSTX/R 25k challenge is well over 100%. That’s quite amazing Ashley! I love your volatility plays.
I only started trading it last week and bought a protective put to guard my covered call. It seems with such extreme volatility it becomes even more necessary to define exits and establish protection. MSTX/R can run faster than lightning. Protection grounds us from getting shocked. 🙂
@@donaldlee1502 I love your strategy!
Thanks Ashley gaining alot of knowledge from your channel, I LOVE MSTR !! selling weekly puts along with your suggestion of rolling within the same week and I am making a killing!! WOW ...
So happy to help you learn!
Great content! Thank you for sharing. What about the volume and open interest? I see that open interest is 0
We would have to look at it tomorrow but you would want to do a limit order if little to no open interest.
@@ashleytradingwithashley awesome! Keep up the amazing work and tips
Wonderful video😊
I believe the reason its showing negative or being down is because the stock is too volatile and is moving fast.....option greek...GAMMA!!
Bought puts on MSTR!!!!!!!!
Always love your videos !
Love the video Ashley and btw red colour looks great on you😃.
Thank you!! 😁
Love these videos on MSTR, thank you!
Glad you like them! It is an incredible money maker!
Money made fast is lost even faster. MSTR is leveraged 3X to bitcoin price, ie trading at 3x net asset value.
Now do Apple or Microsoft. I’m sure they trade much higher than 3X asset value
@jimanderson6519, the distinction is the business model. MSTR's sole value is whether its assets go up, or down in price. Unlike most businesses that generate revenue, and profits, from their assets.
Big difference in business models. Apple and Microsoft generate revenue from their assets, MSTR doesn't. MSTR is just hoping their asset (bitcoin) goes up in value. Big distinction.
Ashley, just curious if there is open interest for the cheapest strike price? Otherwise I’m curious now about selling cash secured Puts.
Might be tomorrow but you would want to use a limit order just to be safe.
@ Thanks Ashley, very much appreciate the response.
Hi, if you don't mind getting assigned, you can certainly move the strike price closer and consider the Delta? Or a stock like this you would want to stay far away from being assigned since it is a volitile stock?
I agree you would move closer to the strike if you want assignment. I have shares as well :)
Mstx only available in usa?
Great video, I have a question for the option queen. If I have a covered call and I set a strike price just a little bit above what I own it for at the beginning of the week let’s say on Monday and on Wednesday it is above the strike price so I will get exercised, can I sell it and keep the premium or do I have to wait until Friday?
You have to wait until Friday or attempt to roll the call out to a future date and higher strike which will usually earn another credit. What you do depends on what you're trying to accomplish.
Early assignment happens about 7% of the time but most often you have to wait until Monday to trade with the cash from the call away.
@ so I wouldn’t want to sell during the week and start over again to make premium, I would want to wait until the next week
@ So what is the
So what is the best way to handle that just let it expire Friday and keep the premium and then the following Monday do another call, covered call I mean, is that the best way to do weekly covered calls?
nice work on the challenge!
Thank you! It was fun!
With the $MSTX declaring a $14 dividend... Will CSP's be affected? Will the strike price be reduced by $14? Any idea how this works?
Can’t get to your call I. Tuesday, wondering if there’s a way to reach you
support@tradingwithashley.com
HI.. so on mstx if the price starts going down whats the best price to try to roll it or buy it back.... because i dont want to be put the shares.. .. i know you say just wait for it to go back up but my luck it will go down and stay there for like 6 months or some crazy thing .. then my cash will be all tied up
If you sell a cash secured put for $60 for this Friday 11/29/24 and get assigned then just sell a covered call for $60 for next Friday and collect more premium. Csp + cc = wheel strategy
If you don’t want the shares then I would not sell puts on it.
Excellent video. To the point. Thanks.
Glad it was helpful!
Ashly what app or website do u use to calculate your roi ? Do u have any recommendations on websites or apps for calculating roi? Great content btw ❤
Profit made divided by money risked x 100. Any calculator: Profit / risk x 100 = % profit
I wonder if you would want to do the 255 strip price for a much better return
Check it out tomorrow and see. Maybe so!
I need to do the opposite. I need something that doesn't take a lot of money but can build up my account quickly.
Consider buying LEAPS on pullbacks.
Is MSTX going up at all?
Ashley, I got Mstr a few weeks ago when it was in the low 300s and I got selling puts at $250 and it’s been running since then but my total gains still show negative. I understand that it’s truly not negative but shouldn’t it be positive when it’s running so much and way above where I first got it?
The chain has had a lot of inflows in the last few weeks causing massive IV, hence causing the premiums to spike.
Ashly , what do you think about MSTY ?
It is ok but I prefer to do my own covered call strategy and avoid the high fees on MSTY. :)
Merill brokerage is not allowing to trade mstx.
They are very strict on their tickers. Try Fidelity, Etrade, Robinhood or Tradier.
You’re the BEST!
Thank you!
MSTX seems to be in freefall this morning so far. -Was planning on selling the lowest strike available this morning: still $55, now a .02 delta. If this pace of decline continues, it could hit that strike seemingly. I'm in wait and see mode.
We had some great trades in the community today on it. We got them fast though!
Note: Delta is not Probability-In-Money. Right now, 2024-11Nov-24Sun, 04:57pm:
$250 Put on $MSTR has Delta=0.04 and Probability-In-Money=7.73%(not 4%)
Yes, Delta and %PIM are close near stock price but diverge farther away.
Thank you :)
Brilliant!
Another great one, and those fingernails are beautiful!
Thank you!
No open interest on those MSTX strikes. Not until your further up in the money on the chain
Lets see what tomorrow brings if we have a pullback.
@
Yes let’s see. Hopefully it doesn’t get away from us
First, Happy Thanksgiving Ashely to you and your family. Next, Either this week or next week, I will be trading MSTX which is a huge trade for me. If I can successfully trade MSTX couple of times a month, this can be a game changer.
Happy Thanksgiving and please trade safely :)
@@ashleytradingwithashley Thank you. Always being careful what I do.
premium = volatility
Thank you love
You are so welcome!
monday / MONDAY / MONDAY YAY
profit is profit
What’s the difference with new trader network vs your main discord , stock prices .. fundamentals should be the same
Ashley's New Trader Network
This community is designed for beginner traders who are hesitant about fully committing to options trading, especially those with account sizes under $5,000. As a member, you’ll gain access to Ashley's comprehensive options course to help you build a strong foundation. Each week, you’ll receive one detailed trade example to study and learn from, along with the opportunity to ask questions about strategies and concepts to deepen your understanding. Additionally, Ashley provides pre-recorded weekly lessons, allowing you to learn at your own pace. This network is perfect for beginners who want to start paper trading while developing confidence and knowledge in the world of options.
Ashley's Inner Circle Discord
For those who are ready to commit to options trading and have account sizes of $10,000 or more, Ashley’s Inner Circle Discord provides a more immersive and supportive experience. In addition to full access to Ashley’s options course, this community features guidance from Ashley and four experienced Discord coaches who are available to answer questions ranging from general trading concepts to in-depth analysis of trade setups. Members can participate in three live coaching calls each week, offering real-time interaction and personalized communication from Ashley. You’ll also gain access to Ashley’s own trade alerts and insights, giving you a practical edge in your learning journey. This is the ideal group for dedicated beginners looking for a collaborative environment and comprehensive support to advance their options trading skills.
❤thank you
Look at her she's gorgeous😮
What was that a 45-cent spread, no thanks
:)
Never mind. That would exceed the 25,000
MSTX would be good for trading at the $5500 level.
❤I bought MSTX at $58 per share. Did a cover call at $80 a share instantly skyrocketed to 180 and I was looking like I was going to leave too much money on the table. So I had to roll out and up all the way to June of next year at 190 strike price. Now I have to wait so long and a lot can change. Help Ashley.
Look to replace your shares on pullbacks before it goes back up that way you won't have to panic as it rises.
@ I still own the shares and my contract is in June at a strike price of 190$. It would have been nice to realize the gains when it was hot. Hopefully by next June, it will rip again. Unfortunately, I had to pay about $1200 to roll it to that price and that date…. It just holds up a lot of capital that could be putting on new trades. Anything I can do or just grab my ankles and wait? Thank you love the show and recommended to everyone.
This makes me cautious about options. 😂
I wanna marry this woman ❤
Aren't you afraid of BTC dropping?
Not at all. If it drops, I look at it as a gift to buy more but I do truly believe in the Bitcoin concept as I have studied it extensively and if you look at the returns every 4 years, it continues to outperform all other asset classes.
@ashleytradingwithashley but aren't we in MSTX? it's dropping like a rock. It's got a ton of velocity. What will it's price be at BTC 70k?
90% of option traders lose money nobody beats the s&p 500s on rate of return to stocks to ETFs compound interest less stress nobody beats the s&p 500
❤
🥳🥳✌️✌️💪💪💪🤩🤩
i did 800k looking to do 3 million this year bitcoin to 250k
I would like that you make a video a little more realistic for people that only could have only $2000 dollars
Who can have $25,000 dollars now nobody
Consider swing trading MSTX on pullbacks at levels of support for MSTR.
@@ashleytradingwithashleyWould you explain more about what a swing trade is and how to do swing trade? Thank you so much!