'Go Naked' - Finance Professor's Strategy for 208% Returns with Options

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  • เผยแพร่เมื่อ 1 ม.ค. 2025

ความคิดเห็น • 118

  • @HunterCyr
    @HunterCyr 2 ปีที่แล้ว +45

    I'm a finance student and I often disagree with my professors on trading strategy but it's refreshing to see someone advocating for risk taking like this

    • @jackbarhillel1065
      @jackbarhillel1065 2 ปีที่แล้ว +4

      Still, you HAVE to take risks but you still got to have a serious statistical edge... It's all about professionally measuring your risk

  • @saracain620
    @saracain620 2 ปีที่แล้ว +16

    Love this interview he is so right… no class teaches you how to actually invest and trade

  • @GapBahnDirk
    @GapBahnDirk 2 ปีที่แล้ว +11

    This is one of the best Rising stars that I have seen. I pay less attention to delta and theta, but keep a close eye on my buying power usage, so that I do not blow up my account.

  • @Rainy_Day12234
    @Rainy_Day12234 2 ปีที่แล้ว +21

    I was lucky my finance professor wrote our derivatives textbook and our Dean was an options consultant for the CBOE.

  • @jeffrude9614
    @jeffrude9614 2 ปีที่แล้ว +19

    I connect with what he said. I have a degree in Finance and all it amounted to in my school was accounting. We had one stock course and somehow the professor still figured out a way to turn the whole class into an accounting class.

  • @bash5552
    @bash5552 ปีที่แล้ว +4

    15:29 so, is that a mistake (music) or creative censorship?

  • @bdonunezn6593
    @bdonunezn6593 2 ปีที่แล้ว +9

    Guao!, You guys always make me realize how big is the opportunity that we have of be our own boss plus listening to you guys inspired me to improve myself

  • @dharmapatel2235
    @dharmapatel2235 2 ปีที่แล้ว +2

    Nice content. Didn't understand what he meant about deltas around @16:00 mins onwards. What is short 300 delta and and what is 0.0015% times net liq?

  • @dylanwirtz869
    @dylanwirtz869 2 ปีที่แล้ว +4

    This was great. Would like to see more of this guy, more in-depth into his strategy.

  • @kennygee6627
    @kennygee6627 2 ปีที่แล้ว +6

    Great conversation! Thank you for the inspiration and the education.

  • @jenniferconsorti-calister9794
    @jenniferconsorti-calister9794 2 ปีที่แล้ว +6

    Also do you have a copy of his spreadsheet?????

  • @jayaramanramakrishnan3251
    @jayaramanramakrishnan3251 2 ปีที่แล้ว +12

    Tom & Bobby - Great episode! Thanks, Love it. Can you guys post link to Market Measures Research from Tasty Trade which is referred here (there are so many published in the site!) and also a copy of the spreadsheet if Bobby willing to share? Regards

  • @pind98
    @pind98 2 ปีที่แล้ว +4

    Very educational. Can you guys actually show the strategy on the paper. selling naked put, and what to doi with dfebit spread. also what is $150 /100k portfolio

  • @Valis636
    @Valis636 2 ปีที่แล้ว +1

    Sweet Bobby!! Only now found this interview! Great interview

  • @chipskylark8475
    @chipskylark8475 2 ปีที่แล้ว +2

    Very interesting strategy, glad to see Rising stars back

  • @garyqlau
    @garyqlau 2 ปีที่แล้ว +4

    Awesome strategy Prof. Gaines it's become my main trade for income generation and working great 👍

  • @Bubs0271
    @Bubs0271 2 ปีที่แล้ว +1

    New Rising Stars? Wow, it's been a while. Love it!

  • @saadatkhanbhatti2107
    @saadatkhanbhatti2107 2 ปีที่แล้ว +2

    Finally the Rising stars is back!

  • @Shriiyer25
    @Shriiyer25 2 ปีที่แล้ว +1

    Thanks for this lovely session! Loads of love from India!

  • @jmunoz3252
    @jmunoz3252 2 ปีที่แล้ว +2

    great video!! any videos you recommend for managing deltas?

  • @TBradFashionModel
    @TBradFashionModel 2 ปีที่แล้ว +2

    These rising star traders are the motivations that can fire you up to stay with it, persevere.

  • @samwalker3441
    @samwalker3441 2 ปีที่แล้ว +1

    Outstanding edition. Nice work.

  • @PegasusTrades
    @PegasusTrades 2 ปีที่แล้ว +4

    This was phenomenal, thank you!

  • @thedeanman
    @thedeanman ปีที่แล้ว +2

    Bobby: Can your strategy only be done with /ES options? Or could it also be done with SPY options (if you are not authorized for futures trading)?

  • @joshuaisaiahwilson
    @joshuaisaiahwilson 2 ปีที่แล้ว +3

    Shout out from another options trader and soon soon to be PhD from Alabama!

  • @NguyenTran-eu1pw
    @NguyenTran-eu1pw 2 ปีที่แล้ว +1

    Nice stuff as always. Thank you so much for posting.

  • @Djotta480
    @Djotta480 2 ปีที่แล้ว +1

    This is amazing. Thank you so much for this.

  • @joshburleson
    @joshburleson 2 ปีที่แล้ว +2

    Love Rising Star!! Thanks for the new episode!

  • @urskarubin4425
    @urskarubin4425 2 ปีที่แล้ว +2

    Awesome episode, loved it!

  • @pind98
    @pind98 2 ปีที่แล้ว +5

    Very educational strategy , but new trader can not understand, I think if Professor can explain with example , what is delta limit 0.015 and 150 for 100 k

  • @evamariaabadia8335
    @evamariaabadia8335 2 ปีที่แล้ว +4

    For the newbies...would it be possible to explain a little bit more the strategy on the naked put paired with the debit spread put with 50 points long?? at the end the naked put is not hedged at all, no? the vertical put will not protect him if ES drops dramatically....

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +4

      As you get more of these on and create a full campaign, you can take the naked put off for 50% profit or more and have a free hedge in place with the put debit spread.

  • @mpuchatek
    @mpuchatek 2 ปีที่แล้ว +1

    Nice! Really sth I do, but really worth to look closer. And, yes, tasty support is the best over the world!

  • @tinonoman5831
    @tinonoman5831 2 ปีที่แล้ว +3

    @13:56 no, it shouldn't. Should we change the 1st? the 5th? Which should we change?

  • @SM-tk7qx
    @SM-tk7qx 2 ปีที่แล้ว +2

    Where do we find these “constitutional” tastytrade rules? Like where’s the pdf?

  • @IcebergCapitalInsights
    @IcebergCapitalInsights 2 ปีที่แล้ว +1

    Thank you for bringing it back

  • @benjaminrier7641
    @benjaminrier7641 2 ปีที่แล้ว +1

    So it's just a ratio spread 1:2 but two different short strikes and all deep otm. There you can also just trade the short put deep otm.

    • @benjaminrier7641
      @benjaminrier7641 2 ปีที่แล้ว +1

      And Margin is huge. Not possible to get good annualized risk reward.

  • @CanadianOptionsTrader
    @CanadianOptionsTrader 2 ปีที่แล้ว +6

    Amazing story! Such an inspiration to all traders, investors, and anyone looking to improve themselves! 🍒

  • @pravinsahu957
    @pravinsahu957 2 ปีที่แล้ว +1

    Thanks for sharing the story, it’s amazing

  • @edwinbab705
    @edwinbab705 2 ปีที่แล้ว +1

    I got in cop at 122 what can I do do I sell calls

  • @ChaplainDaveSparks
    @ChaplainDaveSparks 2 ปีที่แล้ว +3

    I saw you guys the first time on a TH-cam documentary about the 1987 market crash.

  • @baldlebowski
    @baldlebowski 2 ปีที่แล้ว +1

    beautiful fantastic work great job.🍷

  • @erickortizb
    @erickortizb 2 ปีที่แล้ว +1

    Minute 23. Is the debit spread at or out of the money?

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +1

      Out of the money

  • @escapedtheratrace3408
    @escapedtheratrace3408 2 ปีที่แล้ว +4

    This guy is great 👍!

  • @donkndave7811
    @donkndave7811 2 ปีที่แล้ว +2

    LOVE the Rising Star videos. Unfortunately, I am trading in an IRA, so a mergin account is not feasible (for now). Any suggestions on trading on non-margin accounts? I'm presently trading the Wheel System(selling covered puts and covered calls).

  • @jenniferconsorti-calister9794
    @jenniferconsorti-calister9794 2 ปีที่แล้ว +1

    I ❤️ ❤️ this story! I actually need help on my gm option uggg. I’m gonna join live in am. This is my time!! Think I already said that 😂

  • @docvsthemarket1566
    @docvsthemarket1566 2 ปีที่แล้ว +1

    thank you...this was awesome

  • @pind98
    @pind98 2 ปีที่แล้ว +1

    great interview.

  • @theshovel881
    @theshovel881 2 ปีที่แล้ว +2

    Great video sweet bobby

  • @westnash
    @westnash 5 หลายเดือนก่อน +3

    If you want a shock, see what Bobby now charges for his time and templates of his spreadsheet! He doesnt need to trade stocks if he can lure in enough people buying the products. Tom is probably not aware of this.

  • @absolutebosscollective8202
    @absolutebosscollective8202 2 ปีที่แล้ว +1

    How do I join the PISSED?

  • @manuvns
    @manuvns 2 ปีที่แล้ว +3

    Did the professor said sell naked puts ?😁

  • @user-vq4mt4zd4e
    @user-vq4mt4zd4e 2 ปีที่แล้ว +1

    great content thanks

  • @davekiss1556
    @davekiss1556 8 หลายเดือนก่อน +1

    What word are they censoring in the video?

  • @jakesanders136
    @jakesanders136 2 ปีที่แล้ว +3

    Most of my trades are defined.. and I’m losing money. It sounds like I should just go more undefined, in order to manage losers a lot easier. What’s the perfect ratio of defined vs undefined trades to have on? Is there a market research on that?

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +2

      Each one of my trades has an undefined component.

    • @chipskylark8475
      @chipskylark8475 2 ปีที่แล้ว +1

      Tons of content on that, I personally recommended “building blocks of a portfolio” by tastytrade, it’s on TH-cam and is an entire series devoted to any questions you may have including risk defined vs undefined allocation

    • @lobo5006
      @lobo5006 2 ปีที่แล้ว +1

      the most money ive lost on trades has always been on defined ones

  • @LatentHeat69
    @LatentHeat69 2 ปีที่แล้ว +1

    Thank you

  • @rollie5579
    @rollie5579 2 ปีที่แล้ว +1

    Great content as usual guys. On a side note, I used to be an EMT and I don't like the color of Toms skin, it could be the screen but I suggest Tom gets checked by his doc, just sayin, hope all is good!!

  • @garleto
    @garleto 2 ปีที่แล้ว +1

    Sounds like a great trade strategy

  • @tjfryberger8428
    @tjfryberger8428 2 ปีที่แล้ว +3

    Great, but if he is shooting for 25% the taxes on that are going to be a lot higher than buying and holding for a year. If you get a "normal" SP500 year of about 10-12% or best case a 20% then that's a lot of work to maybe make the same or even less after taxes. I would be interested to know if he made a better return on his C Fund with the SP500 than with the options. I m guessing the point was to still do that and be able to spike it with options, but maybe it's better just to do the SP500 and forget it. All the strategy ideas and that one is old and boring, but works. Dollar cost average into the SP, maybe sell calls on it if you want to try and spike it some.

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +2

      And I get 1256 tax treatment on futures options.

  • @mssvadali
    @mssvadali 2 ปีที่แล้ว +1

    Very nice Bobby! How many DTE do you have on your naked puts and put debit spreads?

    • @grodge61
      @grodge61 2 ปีที่แล้ว +1

      I think he said 45-60 days

  • @grodge61
    @grodge61 2 ปีที่แล้ว +7

    Can you explain his strategy in more detail using SPY? He sells a PUT, say Sept. Then he buys a PUT spread. Can you give examples of strikes prices just to show the strategy? Thanks.

    • @WillRomero
      @WillRomero 2 ปีที่แล้ว

      For the Put spread that he buys, it sounds like we should be a combination where you pay half of the credit that you got for the put that you sold or better

    • @Tom-dr7dh
      @Tom-dr7dh 2 ปีที่แล้ว +3

      Look up ratio spreads

    • @thomas1942
      @thomas1942 2 ปีที่แล้ว +10

      example: i used /ES for Sep (52dte), sell a put for a credit at around $20.00 (around 0.09 delta when i looked), then buy 50 wide put spread for debit of around $10.00 (3700/3650, around .25 & .21 delta). This effectively makes his trade a $10 in credits. When i looked at the risk, it showed there was a 4.85% or so percentage of breaking even or 95% of profit. The adjusted way of how he does it was buying 2x puts at $10.00 each, making his pop around 96%, with the same credit. To find the put spread entry, just look for a $10 difference with a 50 wide strike difference.
      If you wanted to reproduce this with SPY. Divide the $20 credit & $10 debit by 10. Risk and POP should be just about the same. I only used /es because at the end of the video he said he switched to e minis. And i guess he is looking for around a 65% profit before he closes the trade (unless there are other things showing on his spread sheets that make he want to close early).

    • @adrianmunteanu3757
      @adrianmunteanu3757 2 ปีที่แล้ว +7

      Buys 360 Put in sept
      Sells 355 Put in sept
      Sells 350 Put in sept
      But he makes sure that the 360/355 debit spread costs half of the credit received so he gets an overall credit on the whole position.

    • @smartmomentuminvest
      @smartmomentuminvest 2 ปีที่แล้ว

      @@adrianmunteanu3757 not sure the debit ps covers the sells of a lower strike put… the 350 pit strike will cost less… sure of the strategy you mentionned?

  • @toddsoden9309
    @toddsoden9309 2 ปีที่แล้ว +1

    Great story!

  • @garyqlau
    @garyqlau 2 ปีที่แล้ว +1

    @22;22 Helllooo! BOBBY Strategy

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว

      Hellloooooooo Ladies! 😅

  • @MrJzplastic
    @MrJzplastic 2 หลายเดือนก่อน

    Today I’m a Bobby fan , we should be able to follow him on the platform!

  • @indianfyre
    @indianfyre 2 ปีที่แล้ว +6

    Love to hear your story Bobby! If you could share that spreadsheet, that would be a godsend for newish traders like myself! Also curious to hear about how he manages trades gone wrong (thats hard to do with tho it seems)

    • @michaelernst9124
      @michaelernst9124 2 ปีที่แล้ว +4

      The link to the spreadsheet is in his Discord group. Discord channel link could be found in his About Tab: th-cam.com/users/SweetBobby

    • @calvinfernandes1054
      @calvinfernandes1054 2 ปีที่แล้ว +2

      @@michaelernst9124 wow thank you for posting this 🙏

  • @terminator12cbw
    @terminator12cbw 2 ปีที่แล้ว +1

    Would love too see this spreadsheet

  • @TheSecurityAgency
    @TheSecurityAgency 2 ปีที่แล้ว

    It took me 16 min to realize that it'is a sales pitch. Sorry, I'm a firsttimer on a "tastytrade" channel.
    A piece from "Momentum Masters":
    Do you ever use margin or options to leverage your trades?
    Zanger. I never teally started to make money in stocks until I quit playing with options. Rookies love options, wich is why they stay rookies.
    Minervini. Not anymore. I used to use margin when I firts started trading. I traded options early on, but I feel there's too much working against you with options.

  • @michaelhazeyii5321
    @michaelhazeyii5321 2 ปีที่แล้ว +1

    Great story

  • @forextradingwithcollinslomotey
    @forextradingwithcollinslomotey 2 ปีที่แล้ว +1

    Why am I now discovering tasty trades?🥺

  • @chewie1355
    @chewie1355 2 ปีที่แล้ว +1

    Good Stuff

  • @Solingen1000
    @Solingen1000 2 ปีที่แล้ว +1

    "so anyway...there I was...getting my toes cut off and trading options like a madman"

  • @Burtsc
    @Burtsc 2 ปีที่แล้ว +1

    Nice story !

  • @DimitrisAndreou
    @DimitrisAndreou 2 ปีที่แล้ว +3

    I don't get it. Why sell a $20 naked put and hedge it with a $10 debit spread in front of it. He could just sell a $10 naked put farther OTM. His strategy outperforms this only when his debit spread is ITM...

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +5

      That little profit tent comes in handy more often than you would think allowing you to make greater than 100% profit based on the credit received.

  • @nicholasarbin5874
    @nicholasarbin5874 2 ปีที่แล้ว +4

    I'd give up a toe for 200% on a meaninful portfolio LMFAO.

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +1

      Heck yeah! 😂

  • @ChaplainDaveSparks
    @ChaplainDaveSparks 2 ปีที่แล้ว +2

    I would love to see a poll among your successful traders about how much *TIME* they invest, on average, into trading.
    There are so many people out there with _"systems"_ they'd love to sell you who claim they got rich just spending and hour or two a day doing trading. I'd love to know how realistic some of those numbers are.
    Do they just put trades on _"auto pilot"_ by placing opening, closing, and stop loss orders all at once? Sort of like those _"fire and forget"_ missiles that the military uses?
    BTW, I learned the hard way about *_GTC_* stop loss orders. They are apparently good until cancelled *OR* until some fixed time limit has expired. I do some _position trading_ working with *QUARTERLY* charts and some of my longer held positions dropped precipitously recently and I discovered that my stops had expired and I overstayed my welcome holding them!

  • @metamoonnn
    @metamoonnn 2 ปีที่แล้ว +1

    Bobby Gainz 💪

  • @rahimjiwani
    @rahimjiwani 2 ปีที่แล้ว +1

    This is great

  • @jackbarhillel1065
    @jackbarhillel1065 2 ปีที่แล้ว +1

    "Then you put your big boy's pants on, and you sell your frst naked put" HAHAHAHAH loved it... I'm a psycopath like you, professor, only my broker won't allow me to sell naked puts...

  • @mackjewell8990
    @mackjewell8990 2 ปีที่แล้ว +1

    TY

  • @ThisGuyRocksLikeCrazy
    @ThisGuyRocksLikeCrazy 2 ปีที่แล้ว +3

    Your better gain money if your last name is Gaines.

  • @roy.mclean
    @roy.mclean 2 ปีที่แล้ว +4

    "Neck'd puts"

  • @demetriusdupree1704
    @demetriusdupree1704 7 หลายเดือนก่อน

    It’s ironic how words can wake you up or put you to sleep…that guy’s boss pissed him off for the better

  • @craighansen2818
    @craighansen2818 2 ปีที่แล้ว

    Advertising conversation

  • @christophermcbride1307
    @christophermcbride1307 2 ปีที่แล้ว +4

    I watched up until he said the constitution should be a living document.

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว

      Uh, it is a living document. Thank God we have the 13th Amendment! Dude, come on! 🤦‍♂️

  • @Kid_Ikaris
    @Kid_Ikaris 2 ปีที่แล้ว

    I hope you all know how much I appreciate that there's a community out there that can make me blowing up a 10k account be something we all do sometime along the way

  • @ac-ir9gs
    @ac-ir9gs 2 ปีที่แล้ว +3

    It is absolutely disgusting that I as a truck driver pay for lazy professors tell our young people not to take risk and teach.

  • @Dadvestor
    @Dadvestor 5 หลายเดือนก่อน

    Sweet sweet Bobby

  • @richardgray8680
    @richardgray8680 2 ปีที่แล้ว +2

    Simple Strategy........Lol....Yeah right!

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +2

      It really is, just takes twelve years to understand it! 😜

  • @laithb3091
    @laithb3091 2 ปีที่แล้ว +2

    He talked more about his doctor than trading.....not much info....sadly a poor episode.

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +3

      Yeah, really? I gave you my entire plan. Maybe you don’t understand trader talk? 🤓

  • @IcebergCapitalInsights
    @IcebergCapitalInsights 2 ปีที่แล้ว +4

    I love rising Star but trim down the videos you get better success

    • @SweetBobby
      @SweetBobby 2 ปีที่แล้ว +1

      I’m trying to trim down my electrical services! 😂

  • @daimu7971
    @daimu7971 4 หลายเดือนก่อน

    This guy bored me to death

  • @jeffxtrades
    @jeffxtrades 2 ปีที่แล้ว +14

    This interview throws it back to the early 2010’s I love it! I’ve watched hundreds of hours of tasty trade and don’t plan on stopping anytime soon 🫡