Generate Safe Weekly Passive Income with this Options Strategy - How to SELL PUTS for Beginners
ฝัง
- เผยแพร่เมื่อ 6 ต.ค. 2024
- Discord - options.invest...
📧Get My Emails FREE Here: www.investwith...
Optionsfy AI Signals - www.optionsfy....
----------------------------
𝐋𝐞𝐠𝐚𝐥 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!
How to contact you?
calendly.com/invest-with-henry/option-income-academy
You also have discord?
Which platform do you use to operate options and how much do they charge per order?
Hey @@InvestwithHenry you mentioned towards the end of the video that if the put starts to go negative (around 10% or so) you will close the position. How would you close the position? (Newbie question) In your example, you sold a $362 SPY put and bought a $352 SPY put, thanks. 👍
Every day that passes I'm constantly thinking of ways to increase my passive income Because I know that I don't want to work until I'm 60. So, I'm doing everything in my power early on to increase the money I make while I'm not working.
My advice: to grow financially this year, invest. Saving is good, but investing elevates your finances. Thanks to my CFP, my portfolio is thriving, and I'm proud of last year's decisions.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 6 years, resulting in a $3 million portfolio.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?
Finding financial advisors like Amber Dawn Brummit who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $750k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
1:50 sell puts on high quality stocks 2:45 one week or 1 month away 4:40 sell OTM puts 5:30 tech analysis 9:10 sell puts on small accts, SPY. Sell puts with tight spread 17:20 sell puts with 12 to 14 delta. Spread for some accts 22:40 how to close 24:20 cut loss to 10%
You missed the other important part of getting assigned @5:18-5:30. When you sell a put and get assigned, you then own stocks for a great price.
Your next goal is to close your position but now using an OTM covered call.
@@IsaacC20 Say if you get assigned Boil @$13, while the current market price for Boil is $9, at what price and duration would you sell a covered call?
I’m saving and investing around 70 percent of my income in the financial market(high yield etfs, stocks etc) pretty much how I made my first million although with an FA. I have a high paying engineering job, and I live upstate NYC. my expenses are low. I have zero debt, low rent and car truck paid off. So i can just save. feel lucky at this point I'm actually grateful for my advisor Dianne Sarah Olson handling my portfolio.
Truly Stocks, ETFs and Mutual funds are the best investment decision you can make both short term and long term for steady money flow. Kudos
recently started in stocks and I don't mind investing a substantial sum, i'd like to know your advisor ?
certainly, she goes by Dianne Sarah Olson…she's quite known, search her up for her info
I work with Dianne Sarah Olson, Do your due diligence on her.
Though dividend-paying stocks don’t offer dramatic price appreciation, they can provide a consistent income stream, I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.
Simply put, if you’re not investing in dividend stocks, you’re doing it wrong.
Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $650K in net profit from high dividend yielding stocks. you should try it if you're unsure about the market.
my partner’s been considering going the same route, could you share more info please on the advisor that guides you
I started out with a financial advisor called " Lisa Angelique Abel ". Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate it
This guy is the real deal. I’ve collected $120k by selling options since November 2022 using this guys strategies
What delta do you sell ?
@@claudiafischbach3358 .35 given how henry trades, buddy has an account bigger if not around the same size as henry's to make that kind of money selling. expect gains of a few percent of your account every few months
I thought he trades 20
Delta @oili
@@MrRapSick i thought he trades 20 delta. Which stocks you sell put?
I keep selling 12 Delta and losing 90% of the time
I've been trading stocks with a financial advisor and currently compounding over $670k in dividends after diversifying my portfolio between SCHD and some dividend aristocrats.
Same here. My dividends have snowballed from 160k last year to 900k. I trade stocks with my FA, Ann Marie Celentano and I've been making remarkable returns.
I searched on google for this lady you mentioned and I am impressed. I was able to leave a message, hopefully she will get back to me
Scammers up here lol
SCAM comment! I'm so tired of seeing these scams perpetrated all over the financial videos on youtube. It's just disgusting. Some phony shill posts a phony question or statement, about having a windfall sum to invest, or having found the perfect financial advisor. Then another shill asks, who is he/she? Then we hear who they are, and how to contact them. TOTALLY PHONY SCAM!!!! Friends, don't fall for this b-s, keep your money in your pocket and do not look for salvation on youtube!
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Invest if you actually want to be wealthy. However, you should get guidance from a financial advisor if you want to create a successful long-term plan…
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $800K within a short time
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Lisa Angelique Abel is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
consider financial planning.
It really isn't about how much you save, it's about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing!
@@gowonjake I totally agree, I'm 60 and newly retired with about 1.4 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.
@@kollykolly Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@@brendazvandasara The advisor that guides me is Claudia Trinidad Rivas, most likely the internet is where to find her basic info, you can run a quick research with her name. She's established.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. There’s only one reason, and it is a place to park your capital to pay you a small return with large established businesses because you aren’t trying to grow your portfolio anymore, but to live off of it. It’s not much different from bond investing.
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08' crash and have researched similar opportunities in this current market, could this person who guides you help?
Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her ouT.
I want a balanced portfolio, with growth investments, safe investments, and also a focus on dividends to gain up to $20K monthly with minimal risk. is this your strategy sustainable?
I’d rather you just start new positions in ETFs with future income and build that. I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
well things are different now, same market strategies applied over last decade wouldn’t apply to the current market, so to actually figure out how to outperform the market and stay afloat for the next decade, you should reach out to a financial advisor, that’s how I’ve managed to properly diversify across the right asset classes and gained over $450k in profit this past couple years.
That’s impressive, have you always had a financial advisor?
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Carol Vivian Constable‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.
Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
My Financial Consultant is Helene Claire Johnson. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
Helene has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I set up a call with her so I could use her services.
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
how can i align with her?
thank you for this tips.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor
buy quality companies with strategies you understand. be patient as the best opportunities take 20+ years. ive had 3 100x stocks over my lifetime of investing. patience is the #1 success factor. most advisors dont know shit. the good ones are not selling their ideas to retail investors.
Don’t use advisors… just invest in a sp500 index low cost etf… you’ll much better than an advisor
Thank you uncle henry for teaching unconditionally much appreciated greatly 🎉
You are very welcome
For salary earners having a passive source of income is the best thing you could have , because aside the the fact that it isn’t always enough you could lose your job any day at any time , have something to fall back to is crucial , for me it is trading the Forex and crypto market and no I didn’t have that much knowledge to begin to earn that’s why I said passive income, I leave the profit making to the pro like my Advisor 'Catherine Morrison Evans' , who has been doing a wonderful job
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Not at all, having monitored edge my portfolio performance which has made a jaw dropping $483k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
My advisor is Christine Jane Mclean’’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
I just wanted to say that I truly appreciate you, your the reason why I started my youtube channel in the first place. Thanks to you I now teach people about financial literacy and how to invest their money. Thanks once again, and I hope you could inspire more people just like myself to build a youtube channel. 😊
Cool man! Keep it up!
@@InvestwithHenry I will!
Henry, in case of this bull put spread for this small account with SPY, don't we have to be afraid for 'Margin Call' that in case of early assignement or if the current price is between our strike prices, that we have to buy the 100 shares? I'm with Interactive Brokers and I don't know I need to deliver the 100 shares in that case.
Already made a video with the same example back in October. SPY and QQQ now have daily expirations M-F. Might be better to make new videos rather than use old ones multiple times.
00:01 Learn to sell puts safely for consistent income
01:55 Selling puts on high-quality stocks for safe income
05:42 Using Bollinger Bands and RSI indicators to analyze Apple's trading range and support levels before selling put options.
07:20 Understanding option chain and selecting safe trade levels
11:18 Selling put options can generate income and limit downside risk.
13:40 SPY options are highly liquid and expire three times a week.
17:40 Selling put options for weekly passive income
19:34 Selling put options can provide a high return with lower risk.
23:39 Closing options position depends on proximity to expiration date and stock price movement.
25:37 Closing a put option on the last day of expiration is a key strategy for small portfolios.
Interesting watching this video recorded six months ago with the benefit of future sight. The example trades would have triggered assignment if held to expiry. I’m sure Henry would exit earlier. It would be instructive to learn when to take those losses or roll. The SPY trade in particular would have suffered a significant loss with a gap down on the very next day.
Good point
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@donnabrannan1448 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time.MARTHA ALONSO HARA, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@@angelahowie1451 Oh please I’d love that. Thanks!
@@donnabrannan1448 MARTHA ALONSO HARA
Lookup with her name on the webpage.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Uncle Henry back at it again . Can you do a video on optionsfy😊
Henry, I love your videos and they have helped me make some nice gains since January selling put options. I do feel like I could be making more. I would love to increase my portfolio within the next 15 months.
Nice video. Thank you. Do you recommend sell next day for Spy? I have no confidence whether it will go up or down the next month. Do you think sell the iron condor will be a good idea? Close out the one that goes the wrong direction. Keep both if it stay in the middle.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world. both NFT, real estate, Stocks and Crypto is positively changing people's lives. I stopped panicking about the market the very moment I started trading with Julia David last year, her confidence and skills is on a maximum level.
Wow, amazing to see others who trade with Julia David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs Julia David too, She charges 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profits.
Any info on how i can reach her, so new to this
She's on telegam with the user name below
juliadavid723
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@@devereauxjnr That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.
@@MrGravity304 Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@@NotyourBusiness-urto6 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@@MrGravity304 Thanks for the info, i found her website and sent a message hopefully she replies soon.
when I think "hiqh quality" stocks, i think of stocks with fortress balance sheets, more cash than debt, and consistent positive cashflows. I wouldn't put BABA or NIO nor AAL in that category of quality. But hey...if you're making money, who cares🙂 Thanks for sharing your content Henry...good job!
it's picking pennies up in front of steam roller. one really bad dip and it will take years to recover. imagine having puts on meta, netflix when they had their crash.
I appreciate your videos very much. It only took me one month of learning from your channel and makes good return. Thank you Henry!
Great video but one question. You state around the 22 minute mark that the 4% delta on the lower leg means 96/100 times you will make $70 for less than $1k. That’s not the case since the “red zone” starts below the upper leg. The delta on the upper leg will determine how many times out of 100 you will profit.
Hello - QQ for you. If the put option goes up in value do you recommend exiting that trade or stay in till it expires? With calls as soon as I hit make a certain amount I exit the trade before it goes south. Thanks!
I meant 'sell put' option trade.
Depends on your goals! I absolutely will buy to close a put if I only sacrifice 10-15% of the profit. From there, I can open another if there is more than 3 days to expiration and the charts check out- that's me though as I trade with a little more risk than others as I do weekly options.
I love your options teaching
Hi Henry. I've never traded SPY before and have some questions about your strategy. Hopefully, you and/or some of your viewers can answer them:
1) How far out do you normally go when you choose your expiration dates? I know a position can be opened on Monday and closed on the Wednesday, for example. However, is it feasible (and profitable enough) to open and close a position with a DTE of only 2 days, even for a highly liquid ETF like SPY? Is there a minimum and maximum number of DTEs that you recommend using?
2) If it's obvious that the Option's going to end up DITM at expiration (for example, the contract expires that day) does it make more sense to just let it expire and collect the full premium? You don't mention anything in the video about taking profits early, only to bail if you lose 10%+ of the premium.
Hi Henry. Are you taking a chance of assignment when it closes between your strike prices?
HE most definitely is, However, he does not allow it to be assigned, as he will close at a 10% loss (according to his rules)...
17:40 When you are saying that volume is pretty good, what metric are you comparing it to?
Hey Henry, when using the bollinger band, what interval and range should we use? for some reason when i change the interval from 1 hour to 1 day the bollinger band values change even though my range is still 1 month. I'm not sure if i'm setting this up wrong
Remember Charts follow the stock .. Stocks do not follow charts.. Good luck
I understand the 1st half of the video where you sell a put and even if you get assigned, you wouldn't mind. The 2nd part where you sell a put and then buy another put that is even more out of the money, what option trading method is that called?
What trading platform do you use?
18:52 when you buy this put to put in the "floor" what does that cost you does it mitigate your profit? surely it negates any profits when price goes up?
Can you just let put credit spreads expire to get your profits? Or do you have to close them? Thx. Love your philosophy!
Henry, just want to say thank you 🙏
i love how this guy has his own ad.. on his own video.. Super G
I must be missing something. If the put you sold goes ITM you need to wait to be assigned and then sell the underlying which assumes there's enough time between exercise and you selling the underlying for you to sell without the price plummeting further OR before you're assigned you buy another put ATM/ITM which could easily cost you more than 10% of the premium you earned right? So how do you control things to limit your loss when both actions have variables outside your control? 25:00
Your video is amazing. I've been following it for a long time
Awesome! Thank you!
@@InvestwithHenry Can I have your contact information
Thank you for showing where to click and how to select the expiration.
Seems so toxic everyone in day trading talks alot but shows nothing.
Excelente video, thank
Henry, I sold a put option today at $1.24 , I did not see any premium collected. Did I miss something...???
Wondering the same 😢
Brokers account for short Puts so it looks like a negative. After the options expiration date, you will see the $$ in your account.
Good video. Well explained. This is the strategy i have been using for years.
how do you do selling puts with a small account? If you want to sell puts on tsla you need at least $500k
On put spread, can you buy with put you purchase within spread?? Without taking a loss? Thanks for content
No. Purchasing a Put means you can exercise your 100 shares to sell them.
What do we do if we sell a put , the stock goes down below strike price and we are assigned.
How's selling in the money call option in this situation, considering the stock is dropping 5$ every week ( for ex) ?
Thanks for all the videos
I just started investing and getting into this trying to grow my money, how much money is recommended to buy or sell a couple options a week to make profit?
I noticed for the small account, your sell put and buy put are made for the same day? Do they have to be? And can you also do them for the same day?
Also since your buying can you set a stop loss so you don’t lose out?
Henrie i really want to thank you for the knowledge that you share. You cant believe how hard i struggle to make it out of this ratrace. Blessings to everyone & LET'S MAKE IT TOGETHER.🙏. Please keep up your work.
HELLO from the Netherlands
Thomas
Would you do this with covered calls on the SPY? If so, could you walk us through that as well please?
you guys are baller for doing CC on SPY.. its not even worth it.. 45K+ for 100 shares? your investing 40K to get a maybe 2 hundreds? no thanks..
What trading platform are you using in this video?
what do you think about it: selling put stock X at strike 100 and short selling (sell stop) stock X at same strike. You must handling only the situation when price goes at strike and then come back. What do you think? ty
More video please. Thanks a lot!
You got it!
I do have a question about the credit put spread. You mentioned if it falls in the money, to close the position at 10-25% lose. What if it's not in the money? Do I just let it expire?
You mention getting into the spread area as a 4% chance, it's not 4%, it's 13% as your delta shows. You have a trading risk at 26% of testing/violating the short put SPY 362 level for the duration of the trade. Spreads work well for smaller accounts. This example appears to have been underwater at expiration. A 2x or 3x credit received to close a losing trade is a decent approach. Taking profits early at 50-75% of credit received is another solid approach to not get gamma slammed or pinned. This trade got slammed the last 3 days.
Hi,henry, I wannna say that I really like your video, it's easy to understand even though my english is not so good. thank you~! That will be wonderful if you can have a live video in youtube someday, we could see your live trading, we look forward for that😊
Recently, I found that that rolling a losing option before 30 mins after the option has been opened will count as a wash sale, so I've been doing monthly trading for my bigger capital trades.
Yeah i'll go ahead and say Henry is probably one of the more winning and transparent traders on all of youtube outside of huge people like SMB capital and tastyworks folks
Like wow, this is exactly what some of us who are intermediate with options want to see. Scaling up portfolios and managing risk! 🐐🐐
What broker do you using?
What option broker do you use ? thanks for videos. quite interesting.
About the SPY example, if you open the position with the sell/buy option. Why waiting for the expiration date? I understand the you get the 70$ premium immediately, whats your action if on the next day the stock price goes up for example?
Dear Henry, your video is very educative. What kind of brokers and trading platform that you used in this video ?
Hi guys, same question. Anyone knows what kind of broker/trading platform is used here in the video?
If the price goes up can I roll the cash secured put up to collect extra premium and keep the date the same?
You should at least do a cursory explanation to the new traders about the VIX & IV and how it modulates the premium. Put skew worth mentioning as well.
Great job Henry: what delta u use to sell and buy these spy put spreads ?
The problem with this strategy is, you have to have level 3 options permissions. And most new traders can't get that. I have tried several times and keep getting denied. Isn't it because brokers can theorhetically be on the hook for a large margin call if they allow a small account trader to place such a trade and then he closes the bought put and then the mitigating factor is then gone?
Keep at it. Helps of you have decent income to fund your account. And while you may only need 2K to begin, it's better if you have more, 10K + for example. When you get it, still go very small, Cannot emphasize that enough, sell 1 lot of spread, not 10.
Plotting these techniques over the previous ten years is something I would like to see. Are they all about the same, or did they all perform well? I've been struggling to manage my allotment. Now that I'm fifty years old, I've begun to switch from riskier to safer investments. Bonds to individual stock ratio is lower.
Investors should be cautious when deciding which new investments to make and when limiting their exposure, especially during inflationary times. To manage this recession and perhaps obtain high yields, it is advisable to get advice from a professional or trusted advisor.
Yes, for the past eight months or more, I have been in daily communication with a financial analyst. These days, it's really simple to invest in trending stocks; the difficult part is deciding when to sell or hold onto them. My manager can assist me with entry and exit points in the sectors I work in in this situation. I can't say I regret it because, with my $160,000 starting capital, I'm 40% ahead in profits in just five months.
Vivian Barbara Mui . Thats the name
Hello boss. Which broker are you using in these videos?
can't do spreads wtihout margin :(
Hey! I’m thinking bout buying your corse I saw on another TH-camers channel. What I don’t like about but corses is the up selling. I hate to be up sold. Is this the case when buying your coarse?
I'm on Robinhood. I've sold 25 covered calls and puts. I have 10k and I have put my settings at high risk, but I'm still only allowed level 2 options. I would like to do some of the stuff you've been talking about, but Robinhood says I'm still not eligible. Can you make a video for level 2 s
@kennykautsch7301 great point.
You talk a lot about "closing a position", but I struggled with that hard today, can you do a video on "closing a position". I believe you are referring to buy-to-close correct?
As usual, great video! Thanks uncle 😅
My pleasure!
great video-lot of points covered
Nice car by man very specific Looking forward to learning more from you good looking out bro
Much appreciated
Screw the puts and calls just buy stocks this isn’t rocket science dude
Am I allowed to sell covered calls and cash covered puts in a tax deferred retirement account or does it have to be a regular taxable account? I have lots of SPY in my IRA!
@12:22 - I believe you mean to use the word "risk" rather than chance ?
Thank You for this amazing, highly informational video! Great Stuff and has helped me a lot as a new investor to Options.
Hi im tryng to do put credit spread in robinhood using my iPhone ? But it won’t let me
however SPY sell put if assigned, must have cash for 1 lot ... which is huge amount for small investor
Henry I love u man
Thanks! Love you too
hI...good video..what broker do you use?
Um. Apple is at 164 not 128 What am I missing please.
Old video
Thanks!!
yeah, thanks but why he uploaded it now? His mistake ?
He waited to see if his position ended up being profitable?
I have TDA and I tried to do a credit spread option or even a split trade option and they would not let me. Apparently you have to be rich to start with in order to get permission to do credit spreads. Sad. My account is not worth enough and I have only been doing options for 3 years. All I can do are single options.
Good Morning, Thank you for the videos and input. Very informative. I am a new investor and would like to get into trading options. I only have $500 in my Robinhood Acct and do not own any shares. I am also on Level 2 on Robinhood's option's so that limits me from several option strategies. I am not able to upgrade to Level 3 yet. With a smaller cash acct, no stocks and being a Level 2 what are a couple of good strategies I could use to trade options. I would appreciate any advice you you could provide. Thank you in advance for your time.
When are you selling the 1% 10:00 AM put? Is it that day?
Is it better to sell the spread on spy or the actual index itself spx?
The delta is the first derivative of the option price with respect to the underlying asset/stock. For example, a delta of 0.12 implies that the option will move by 12 cents for a $1 move in the stock. The delta is NOT the probability of profit.
Excellent content!!.. one new subscriber 😁😁👍🏽👍🏽
Would like to see more practical examples how to properly close these positions. Any videos re these topics