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.
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take any other recommendations you make.
I believe the next major breakthrough will be in A.I. For sustained growth similar to META, it's crucial to avoid making impulsive decisions based on short-term market fluctuations. Instead, prioritize patience and maintain a long-term perspective. Consider seeking financial advisory services to make informed buying and selling decisions.
In a similar situation, I sought advice from a financial advisor. By restructuring my portfolio and diversifying with good ETFs, the S&P 500, and growth stocks, I was able to grow my portfolio from $200,000 to over $800,000 in just a few years.
SONYA LEE MITCHELL is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
As a newbie about to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor Rolando.
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
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.
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
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.
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.
@@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.
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.
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.
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
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. 😊
@@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
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 youre not ready for it, you shouldnt be in the market business. 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 Julie Anne Hoover 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…
@@theresahv she 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.
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?
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.
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.
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.
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.
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?
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.
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.
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.
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.
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.
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!
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.
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.
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.
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?
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
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.
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
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! 🐐🐐
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
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😊
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?
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 $800K within a short time
Lisa Angelique Abel is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
I noticed for the small account, your sell put and buy put are made for the same day? Do they have to be? And can you also do them for the same day? Also since your buying can you set a stop loss so you don’t lose out?
About the SPY example, if you open the position with the sell/buy option. Why waiting for the expiration date? I understand the you get the 70$ premium immediately, whats your action if on the next day the stock price goes up for example?
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?
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.. when I get on my trading platform, it wont allow me to place both a "sell put" and a "buy put" strategy for when you dont have enough money to purchase 100 shares of the more expensive stocks... So, it will only allow me to sell puts as long as I have the $ to purchase 100 shares... I cant "sell puts" on SPY or NVDA or any of the more expensive stocks. Any suggestions??
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
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.
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take any other recommendations you make.
I believe the next major breakthrough will be in A.I. For sustained growth similar to META, it's crucial to avoid making impulsive decisions based on short-term market fluctuations. Instead, prioritize patience and maintain a long-term perspective. Consider seeking financial advisory services to make informed buying and selling decisions.
In a similar situation, I sought advice from a financial advisor. By restructuring my portfolio and diversifying with good ETFs, the S&P 500, and growth stocks, I was able to grow my portfolio from $200,000 to over $800,000 in just a few years.
SONYA LEE MITCHELL is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
who is your financial coach, do you mind hooking me up?
Sonya Lee Mitchell is her name. She is regarded as a genius in her area and works for Empower Financial Services.
As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor Rolando.
Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....
Yes, the crypto market is really taking off and Bitcoin is in good shape to start trading now
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
he's mostly on Telegrams using the user...
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?
Dude just tried the technique out to see if it really does hedge and omg...wow.....holy smokes you're a genius.
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.
That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.
I've heard a lot about her. Please how do I contact Louise O'Brien?
I'm happy to see Mrs Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.
I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much
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.
Thank you uncle henry for teaching unconditionally much appreciated greatly 🎉
You are very welcome
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
I love your options teaching
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!
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
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 youre not ready for it, you shouldnt be in the market business. 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 Julie Anne Hoover 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…
@@theresahv I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?
Julie Anne Hoover maintains an online presence that can be easily found through a simple search of her name on the internet.
@@theresahv she 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.
I appreciate your videos very much. It only took me one month of learning from your channel and makes good return. Thank you Henry!
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.
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.
great video-lot of points covered
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.
Excelente video, thank
Henry, just want to say thank you 🙏
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.
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.
Excellent content!!.. one new subscriber 😁😁👍🏽👍🏽
Uncle Henry back at it again . Can you do a video on optionsfy😊
i love how this guy has his own ad.. on his own video.. Super G
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.
Good video. Well explained. This is the strategy i have been using for years.
Your video is amazing. I've been following it for a long time
Awesome! Thank you!
@@InvestwithHenry Can I have your contact information
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.
😢🎉🎉yh@ros😢😢😢55ero😮lan😂d1998
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
More video please. Thanks a lot!
You got it!
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.
Thank you !
Henry I love u man
Thanks! Love you too
Excellent video 13:50
hI...good video..what broker do you use?
Thank you Uncle Henry
You have my attention
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?
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.
Excellent!
Can you just let put credit spreads expire to get your profits? Or do you have to close them? Thx. Love your philosophy!
Awesome video Henry.
17:40 When you are saying that volume is pretty good, what metric are you comparing it to?
As usual, great video! Thanks uncle 😅
My pleasure!
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.
Great infomation, north korea loves you.
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.
Great stuff here
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
Hello Henry 😊
Thank you very much for very valuable information!!!
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?
What trading platform do you use?
What option broker do you use ? thanks for videos. quite interesting.
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
awesome video brother!
Thanks for watching
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)...
Thanks,, For the Info..
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.
Nice video man. In Miami like me!
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
Great video!!
Great job Henry: what delta u use to sell and buy these spy put spreads ?
Thank You for this amazing, highly informational video! Great Stuff and has helped me a lot as a new investor to Options.
What trading platform are you using in this video?
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! 🐐🐐
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
If the price goes up can I roll the cash secured put up to collect extra premium and keep the date the same?
Thank you dude
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.
however SPY sell put if assigned, must have cash for 1 lot ... which is huge amount for small investor
Yeah he left out the risks of a naked put, kind of important i think
Can we sell puts on GameStop right now?12:30
He’s a pro👍
More of This and Sell Put Videos💯👍🏼👌🏼
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.
Which broker are you using please ?
how do you get to level three on RH to be able to sell shared spread
Nice car by man very specific Looking forward to learning more from you good looking out bro
Much appreciated
Will you get assigned the shares if you don't close it ?
Is this loophole only on RH or can I do this on any broker?
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😊
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?
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 $800K within a short time
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Lisa Angelique Abel is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.
Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
Dear Henry, your video is very educative. What kind of brokers and trading platform that you used in this video ?
Hi guys, same question. Anyone knows what kind of broker/trading platform is used here in the video?
what a great way to make money... man, you are genious
I noticed for the small account, your sell put and buy put are made for the same day? Do they have to be? And can you also do them for the same day?
Also since your buying can you set a stop loss so you don’t lose out?
@12:22 - I believe you mean to use the word "risk" rather than chance ?
About the SPY example, if you open the position with the sell/buy option. Why waiting for the expiration date? I understand the you get the 70$ premium immediately, whats your action if on the next day the stock price goes up for example?
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?
send my love vibes to Michaelthanks for all your work
My Henry can u show me how to open account buy sell
Mr uncle Henry how can I get help from you to make it in the stock market
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..
Is it better to sell the spread on spy or the actual index itself spx?
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.. when I get on my trading platform, it wont allow me to place both a "sell put" and a "buy put" strategy for when you dont have enough money to purchase 100 shares of the more expensive stocks...
So, it will only allow me to sell puts as long as I have the $ to purchase 100 shares... I cant "sell puts" on SPY or NVDA or any of the more expensive stocks. Any suggestions??
Would like to see more practical examples how to properly close these positions. Any videos re these topics
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