Referring to calls through most of this. Will fix audio. Will try to fix everything. Trying to set it up so I can still make videos with limited energy. Thanks xoxo
Hey bro don't get too dependent on those Benny's. Withdrawal is hell. Please be careful. Love your vids. You taught me options during Covid and bought a house with my earnings!
Yah yah yah, brainfog days, slurred benzo speach ...very relatable ....been there done that. I know it's awful and exhausting 'not feeling like yourself'. Video turned out to be entertaining and informative despite circumstances. I admire your grit to push through, and gonna keep watching. Cheers!
Not to sound cheesy, but everything fundamental I have learned about trading (options in particular) has come from you. I’m all too familiar with heath complications of my own and I can’t even relate to your situation. I wish the best for you sir, godspeed
Same lol! I just wrote a comment basically saying the same before I scrolled through the comments. He saved my ass during the shutdown by teaching the wheel and selling covered calls. I owe Adam a great debt of gratitude and we are all wishing he and his brother the best.
ITM. I want to thank you from the bottom of my heart. You've taught me most of what I know now- you have an incredible ability to translate market jargon into things that make sense. Respect for pushing through this
Also, I just finished watching the entire video and the ending got to me. Working on yourself and not losing sight of the bigger picture in life. I hope things start to look for you, bro!
Adam if you're slowing down, I sure can't tell. This video has been very helpful to me. I haven't understood implied volatility well. That was great to see the TradingView platform where they actually color code via the Suite. I pray you will experience healing soon; that's terrible that people have to suffer as you are. Thanks for carrying on, my friend.
Your insight on selling options/the wheel offset all my losses from trading when I was still learning. Appreciate you a ton man. Hoping things get better ASAP, much love.
Adam... focus on yourself my friend. You have done an amazing job and have been very generous in sharing your wisdom and experience. Really wish you and your brother the best, along with everyone else on here. You have enriched the lives of many of us, in many ways. Thanks for being you man.
Love the content, appreciate it even with the health issues. Will always watch as long as you upload. The ending was very sound and true, work on yourself for the best ROI.
love the ending statement on character building throught work and talking about how you are the best ROIC. Love you bro! happy to see you are doing better in your latest video!
Adam, I highly recommend you structure your youtube channel like this: Premiere Date with a mini trailer --> video airs --> bounce out to a live video further discussing the topic and take questions. I think you'd get really good engagement and ppl would pay in chat to ask questions etc. Plus I bet the algo would like it.
Appreciate all that you do! I had no idea how options trading worked before I started watching your videos and spent months making sure I understood what I was getting myself into. Just entered into my first trade today and it feels good to know what is going on with the price, different strategies I can take depending on which way the underlying goes and everything else I've learned from you. Hope you and your brother start feeling better soon. Wish you guys the best!
Wish you the best man, it's a good journey even though it is trying at times. Just whatever you do, recognize that nothing goes straight up or straight down... There will ALWAYS be retracements, usually when you wish there weren't, so have a good idea how much heat you're willing to take before you exit. And for the love of everything that is good, remember appropriate position sizing. Never break your rules.
You are a standout amongst tons of TH-camrs. I subscribe to hundreds of channels, but your are my favorite stock guy. Thank you for what you do. Your awesome. I really hope you feel better soon.
Something about that transition 😬 This is why LEAPS and wheel are what 90% of trading should be. LEAPS at least give you time, and wheel gives you 2/3 chance of being right on direction..since it can trade flat and you’re fine. Fiddling with all the data for short terms to make a choice on something that requires you to be right in only one direction and FAST…eh. It can be done but why stress it.
Also thank you for this this video opened my eyes to EXACTLY what i was doing wrong. “In all realms of human endeavor” the amount of hard work and research to be able to make smarter working decisions you do directly translates to a higher probability and margin of ROI. It’s starts with me in the physical world and in how deeply I’m looking into the stats of a particular option so as to increase my chance of profit. I see the light because of you. I’m going to listen to you all that i ask i please brother please look in to my suggestions. I really hope you see this I LOVE YOU MAN
Appreciate the video. Subscribed and learning a lot. I think it's good actually for people in general to see how much work goes into making a video. Seeing and unedited video like this helps us all remember how much we take for granted with youtube creators. Thank you for all your hard work and take care of yourself.
I only sell options, calls or puts, and roll when necessary. Great vid for people who like to buy "Lottery Ticket", instead of selling them. You & your bro get well, peace. 🖖🤑
@@ssdskully same. I would buy puts of companies that I knew would have awful earnings (and did). Stock price went up anyway. Really can’t assume anything in the market. Selling it is!
ITM I've been selling calls and puts the last 2 years and it's really been working for me. How often do you focus on the sell side? I lost $1.2k in 2 months of buying, then made about $7k after selling for 2 years. It feels so much safer!
Adam you fucking AMAZE me, you’ve tought me so much, and seriously I’m so proud of you for making it through all these FUCKED UP trials and tribulations and powering through… I have sooooo much respect for you … your seriously a BEAST !!!! InTheMoney = Best Financial TH-camr ever.
Markets are asymmetrical: large drops that are short lived, and small gains that take a relatively longer to see. Not all the time so be cautious and diversify and manage risk. I sell far otm call option spreads And buy near atm call spreads simultaneously
Great vid! Truly appreciate what you give to the community. I think I can speak for all of us but we aren’t worried about how you look or sound, we will watch and are thankful for being on the receiving end of you vids. -Cheers
I buy any option that has earnings that day, especially a popular one like snap, buy it right at open, collect the IV premiums and sell an hour or so before close.
At the beginning of May I bought LEAPS option on VOO that expires 1/2025(furthest one available). My thought was to buy and hold basically. If I hear you correctly, I don’t really need to worry about Theta until around 3 months before expiry right? The option as of today is up 17% which is really cool to see. Thanks again for all your videos, I learn a lot from them!
Bought a leap during my fire season on Spotify at 95 strike up about 35% right now, I still have about 10 months of time on it and I’m debating whether to it sell it now or not my initial risk for buying it was about 6% of my portfolio
Adam, can you help me understand *whether* the following is true? It is probably undesirable to buy a LEAP with an IV of 60% or higher. Also, do I understand correctly that there's a high chance IV will decline than increase? Is it true that an IV of 40% would be better (than 60%) because it has a relatively lower chance of falling while you're holding the LEAP? What do you think about a high IV like 70% or even 80% if the call LEAP expires in two years and the investor believes the stock will rise? Thanks!
Hey! While it is possible to make money while buying in high IV environments, it's certainly not optimal. And I wouldn't look at the individual option's IV, I would look at the average IV across the chain compared to its history. Is it low? Good, IV is mean reverting and you now have an edge. Is it high relative to its history? Maybe not the best time to buy options at all. I'm making a video covering this tomorrow, so look out. The most important thing is to analyze the break-even and determine how realistic that is, as the break-even is a function of imp vol.
I sell premium and once in a while I'll buy potentional explosive options otm cheap. Example TLRY Jan 2024 25.00 strike for 5 cents. Canabis volume is gone. We're ready for a huge pop
I'll give a specific stock I'm wondering about: BILL. It has high IV, recently reported, price dropped 20%, but are its fundamentals bad? I think no. OK, it's speculative. But a good company, yeah? Saul Rosenthal put it in his portfolio. Then how about a call LEAP on it? Looks bad to me because of IV, but better than before earnings, am I right?
I like selling lottery tickets. Of course sometimes that means that I sell a winning ticket, and that sucks for me (congrats to the buyer though) but overall, business is god.
i fantasize about being able to sell weekly puts/calls and live off of the semi passive income. Currently thats what im working hard towards this year. Im starting off from the bottom i have about 200 dollars in my account the past 2 weeks ive sold 2 puts on bbby (not intending to get filled because i dont want to own that shit) eventually i want to work my way up to wheeling tesla, amd, amazon ect ect
Tradingview doesn't have IV, sadly. They don't have anything related to options (like greeks, etc). Any indicator you find with IV is going to be something a user made as a custom indicator
Referring to calls through most of this.
Will fix audio.
Will try to fix everything. Trying to set it up so I can still make videos with limited energy.
Thanks xoxo
The audio is perfect. We cherish your hard work!
Hey bro don't get too dependent on those Benny's. Withdrawal is hell. Please be careful. Love your vids. You taught me options during Covid and bought a house with my earnings!
Take your time man. Health and rest is more important firstly, there's no need to rush
Yah yah yah, brainfog days, slurred benzo speach ...very relatable ....been there done that. I know it's awful and exhausting 'not feeling like yourself'. Video turned out to be entertaining and informative despite circumstances. I admire your grit to push through, and gonna keep watching. Cheers!
I don't see community poll on my notifications...
Thanks for continuing to upload through all the issues you are going through right now. I hope things start looking up for you soon
Can’t help but support this man 👍
Not to sound cheesy, but everything fundamental I have learned about trading (options in particular) has come from you. I’m all too familiar with heath complications of my own and I can’t even relate to your situation. I wish the best for you sir, godspeed
Literally same!
Same lol! I just wrote a comment basically saying the same before I scrolled through the comments. He saved my ass during the shutdown by teaching the wheel and selling covered calls. I owe Adam a great debt of gratitude and we are all wishing he and his brother the best.
Same here
ITM. I want to thank you from the bottom of my heart. You've taught me most of what I know now- you have an incredible ability to translate market jargon into things that make sense. Respect for pushing through this
Also, I just finished watching the entire video and the ending got to me. Working on yourself and not losing sight of the bigger picture in life. I hope things start to look for you, bro!
Thanks for returning to what you started your channel with options, it was why I initially subscribed.
Adam if you're slowing down, I sure can't tell. This video has been very helpful to me. I haven't understood implied volatility well. That was great to see the TradingView platform where they actually color code via the Suite. I pray you will experience healing soon; that's terrible that people have to suffer as you are. Thanks for carrying on, my friend.
LEAPs are great. They give you such a nice runway that doesn't get knocked sideways cause of some analysts comments or something in the news.
You are seriously a God Adam. This 52 yo appreciates your raw knowledge.
Your insight on selling options/the wheel offset all my losses from trading when I was still learning.
Appreciate you a ton man.
Hoping things get better ASAP, much love.
Adam... focus on yourself my friend. You have done an amazing job and have been very generous in sharing your wisdom and experience. Really wish you and your brother the best, along with everyone else on here.
You have enriched the lives of many of us, in many ways.
Thanks for being you man.
Thank you for continuing to make videos Adam. You provide a tremendous value to us. Wishing the best in your treatment process.
Love the content, appreciate it even with the health issues. Will always watch as long as you upload.
The ending was very sound and true, work on yourself for the best ROI.
love the ending statement on character building throught work and talking about how you are the best ROIC. Love you bro! happy to see you are doing better in your latest video!
Thank you so much for the content and education. I know it's not easy, just know we appreciate it 🙏
big fan! .. you taught me to trade options.. i cannot ever thank you enough!!
i LOVE LOVE your honest opinions and how you share everything with us..
You are bounds better than me trading options while mentally crippled than I am at my best. Thank you deeply for all your videos.
Adam, I highly recommend you structure your youtube channel like this: Premiere Date with a mini trailer --> video airs --> bounce out to a live video further discussing the topic and take questions. I think you'd get really good engagement and ppl would pay in chat to ask questions etc. Plus I bet the algo would like it.
Appreciate all that you do! I had no idea how options trading worked before I started watching your videos and spent months making sure I understood what I was getting myself into. Just entered into my first trade today and it feels good to know what is going on with the price, different strategies I can take depending on which way the underlying goes and everything else I've learned from you.
Hope you and your brother start feeling better soon. Wish you guys the best!
Wish you the best man, it's a good journey even though it is trying at times. Just whatever you do, recognize that nothing goes straight up or straight down... There will ALWAYS be retracements, usually when you wish there weren't, so have a good idea how much heat you're willing to take before you exit. And for the love of everything that is good, remember appropriate position sizing. Never break your rules.
I hope you get well soon! Thank you for continuing posting
What about selling options? Do you use delta or your cost basis?
You are a standout amongst tons of TH-camrs. I subscribe to hundreds of channels, but your are my favorite stock guy. Thank you for what you do. Your awesome. I really hope you feel better soon.
❤ - audio clipping
Something about that transition 😬
This is why LEAPS and wheel are what 90% of trading should be. LEAPS at least give you time, and wheel gives you 2/3 chance of being right on direction..since it can trade flat and you’re fine. Fiddling with all the data for short terms to make a choice on something that requires you to be right in only one direction and FAST…eh. It can be done but why stress it.
Gonna YOLO my future in TSLA options starting today. Fuck it.
Thank you for this video. I was looking for a video like this last week..hope your health is getting better
Also thank you for this this video opened my eyes to EXACTLY what i was doing wrong. “In all realms of human endeavor” the amount of hard work and research to be able to make smarter working decisions you do directly translates to a higher probability and margin of ROI. It’s starts with me in the physical world and in how deeply I’m looking into the stats of a particular option so as to increase my chance of profit. I see the light because of you. I’m going to listen to you all that i ask i please brother please look in to my suggestions. I really hope you see this
I LOVE YOU MAN
Appreciate the video. Subscribed and learning a lot. I think it's good actually for people in general to see how much work goes into making a video. Seeing and unedited video like this helps us all remember how much we take for granted with youtube creators. Thank you for all your hard work and take care of yourself.
I died laughing when you mentioned my momma 😂🤣
I only sell options, calls or puts, and roll when necessary. Great vid for people who like to buy "Lottery Ticket", instead of selling them. You & your bro get well, peace. 🖖🤑
I lost $1.2K in 2 months and never bought an option again. Started selling and made $7k over the past 2 years.
What do you consider when you determine the time and strike price when selling a put?
@@ssdskully same. I would buy puts of companies that I knew would have awful earnings (and did). Stock price went up anyway. Really can’t assume anything in the market. Selling it is!
@@SILVERMUSTANG65 Around 25-30 delta, usually 2 to 3 weeks out.
Same all I do is sell
I wish you a speedy recovery and thank you for your efforts.
I'm not a praying man, but can we all just come together and Pray for Adams health
What happened to him
ITM I've been selling calls and puts the last 2 years and it's really been working for me. How often do you focus on the sell side? I lost $1.2k in 2 months of buying, then made about $7k after selling for 2 years. It feels so much safer!
Adam you fucking AMAZE me, you’ve tought me so much, and seriously I’m so proud of you for making it through all these FUCKED UP trials and tribulations and powering through… I have sooooo much respect for you … your seriously a BEAST !!!! InTheMoney = Best Financial TH-camr ever.
Markets are asymmetrical: large drops that are short lived, and small gains that take a relatively longer to see. Not all the time so be cautious and diversify and manage risk.
I sell far otm call option spreads
And buy near atm call spreads simultaneously
do you only trade options? or do you buy shares? always ITM? thanks!
JOIN THE GROUP STOP ASKING QUESTIONS
Great vid! Truly appreciate what you give to the community. I think I can speak for all of us but we aren’t worried about how you look or sound, we will watch and are thankful for being on the receiving end of you vids.
-Cheers
I see ITM and I click that like button. Thx for all the education :)
OMG I just learned so much and realize part of why I lost so much in 2022. TY for this.
One of the BEST on TH-cam!
Your explanations are absolutely lucid, brilliant, just brilliant!
Get well soon!
I had to rewind when you said 'you mama' haha
Thank you for the effort of making another video. What delta do you usually buy your LEAPS at?
Always appreciate the content man, hope all is well 🤙🤙
Thank you for the info. Can you do a video on selling options?
Great video. I recently replaced my 100 shares of AAPL with 2 LEAPS expiring in 1 year.
That ya momma joke was amazing
Get well soon🙌🏻You are great person!!!
Thanks for the upload, wishing you the best ❤️
I appreciate you bro. Keep teaching. You’re one of the best on TH-cam in this genre
Deep in the money calls are a smart way to buy stocks on margin.
thats why his name is in the money! *Crowd cheers**
Thank you for making this, during these times.
I buy any option that has earnings that day, especially a popular one like snap, buy it right at open, collect the IV premiums and sell an hour or so before close.
Thanks for the great video homie. Keep kicking ass!
I almost snorted my coffee out my nose when, at 0:26 it sounded like you said, "your mama....I did not mean to say that, I meant to say breakeven."
Thanks for putting this out in the world! Wish you all the best
At the beginning of May I bought LEAPS option on VOO that expires 1/2025(furthest one available). My thought was to buy and hold basically. If I hear you correctly, I don’t really need to worry about Theta until around 3 months before expiry right? The option as of today is up 17% which is really cool to see. Thanks again for all your videos, I learn a lot from them!
What a star, hang in there, quality material
I don't have any questions Adam, I just come here to hang out with you for a while :)
Great video! Thanks!
Thanks for these great tips, so helpful to me
Bought a leap during my fire season on Spotify at 95 strike up about 35% right now, I still have about 10 months of time on it and I’m debating whether to it sell it now or not my initial risk for buying it was about 6% of my portfolio
Adam, are you still using Webull for any of your trades?
I buy options that I can afford until I can afford better ones!
(I didn't see the poll)
Adam, can you help me understand *whether* the following is true? It is probably undesirable to buy a LEAP with an IV of 60% or higher. Also, do I understand correctly that there's a high chance IV will decline than increase? Is it true that an IV of 40% would be better (than 60%) because it has a relatively lower chance of falling while you're holding the LEAP? What do you think about a high IV like 70% or even 80% if the call LEAP expires in two years and the investor believes the stock will rise? Thanks!
If you're buying an option at 80% IV 2 years out (is there even such a thing?), you're probably an idiot.
Kinda of funny, this exact topic is covered at 24:30. 👍
Hey! While it is possible to make money while buying in high IV environments, it's certainly not optimal. And I wouldn't look at the individual option's IV, I would look at the average IV across the chain compared to its history. Is it low? Good, IV is mean reverting and you now have an edge. Is it high relative to its history? Maybe not the best time to buy options at all.
I'm making a video covering this tomorrow, so look out. The most important thing is to analyze the break-even and determine how realistic that is, as the break-even is a function of imp vol.
mans is deathly sick and still has the off-beat comedy and humor of a champ! "something that's near and dear to my heart.....like ya mama". i cackled.
Love you Adam, I like your slurred speech videos, reminds me of my dear drunk uncle ❤
Careful with building up a benzo dependence over time, Adam. Thats not a class of drugs you can safely cold turkey once this all blows over
Excellent video thanks mate.
23:11 "Each one of these represents a point in my life" hahaha like a chemical tattoo.
We are all sending you love!!!!
STAY STRONG ADAM 👊✊
I sell premium and once in a while I'll buy potentional explosive options otm cheap. Example TLRY Jan 2024 25.00 strike for 5 cents. Canabis volume is gone. We're ready for a huge pop
I don't have questions yet because I'm still sorting out the basic terms. But i'll be there someday!
I'll give a specific stock I'm wondering about: BILL. It has high IV, recently reported, price dropped 20%, but are its fundamentals bad? I think no. OK, it's speculative. But a good company, yeah? Saul Rosenthal put it in his portfolio. Then how about a call LEAP on it? Looks bad to me because of IV, but better than before earnings, am I right?
Full port 0DTE...... LETS GO BABY
Feel better bro
Get better soon man
wth am i signing up for?
Guessing the audio problems are from dry winter air and that static generated warm looking sweater.
selling CC- 30-45 DTE, 20-30 Delta
I like you. You a good dood.
Keep going like that.
I like selling lottery tickets. Of course sometimes that means that I sell a winning ticket, and that sucks for me (congrats to the buyer though) but overall, business is god.
Great stuff 👍
Do you know if or when Robinhood will add options to their Roth IRA accounts?
They’re rolling them out. I have access now.
@@InTheMoneyAdam Thanks for the info brother. Hope you are doing well.
this is why I only play weeklies. Too complicated.
i fantasize about being able to sell weekly puts/calls and live off of the semi passive income. Currently thats what im working hard towards this year. Im starting off from the bottom i have about 200 dollars in my account the past 2 weeks ive sold 2 puts on bbby (not intending to get filled because i dont want to own that shit) eventually i want to work my way up to wheeling tesla, amd, amazon ect ect
Adam is based
Tradingview doesn't have IV, sadly. They don't have anything related to options (like greeks, etc). Any indicator you find with IV is going to be something a user made as a custom indicator
Thanks!
Thanks for the big chunk of change! Appreciate you.
Great video as always. Happy to see you pop up on my feed! Hang in there.
I love you, donut
If you win a $50 spread trade atm, just keep doubling down. If you can win 12 in row its a 100k
Ima eat this video
Become a member on youtube you mean?
Seems like the moral of the story is to have a strategy not just "cause I think/pray"
I spent about 15% of my net worth on LEAPS last year. You can all guess how that worked out. Sorry I tanked the market for all of you.
@25:01 "Do I need to pay you guys to ask me questions?"
I would not be opposed to that idea.....😏
God bless you man
I’m a new TH-camr and I want you to know you inspired me to start a TH-cam. I love options too. Thank you for providing me the inspiration you have.
I’m losing focus like every 2 minutes because I start wondering if Adam is doing ok😟 hope your doing well man!!🙏 post a vid letting us know!