Wow. I have so much to learn. I’m going to get my kids to start following you. Thank you.
Logan thanks for the video, thanks for a video like this, really learning options, and certain strategies. Your beyond me, but who doesn’t like seeing Lebron play. Good to see a young man making money and trying to learn.
Do u put a stop loss on your spreads?
I roll them! I used to take a stop loss, with a VIX at this level, I’ll roll them out to preserve my collateral!
Awesome! Question, how wide do you make your weekly put credit spreads and why?
Generally $2-$5 wide. Whatever gives me the best credit to collateral % return!
@@loganlaj gotcha. Been confused about that. So it would make more sense to go further OTM with a less wide spread and have a lot of them rather than closer to the money with a wide spread?
Like is it better to double down on less wide spreads than have very wide ones?
@@jacobc522 I stay at the same sell strike, I just choose a different strike to buy. Sometimes a 3 wide spread will give a better return on collateral than a $4 spread.
do you let your spy spread expire? or you close them manually?
@@loganlaj is there a reason why you stop trading SPY? and where do you trade SPX?
@@allanazucena287 Anywhere expect Robinhood. SPX has tax benefits and no assignment risk
He is cool because, he is an Saints Fan! WHO DAT!
Yessir! Gonna be tough on me emotionally without Brees this year. He's the man. Gonna miss him!
Biggest passive income thing to say is using your $700 profit to “buy eggs” lmao
😂😂😂 the best way to start the day. 🍳 so much protein and almost no sugar. Can’t beat it.
Desktop Metal is definitely a sleeping giant; if you understand it, there is money to be made.
You still doing 0dte ic
yep! Just haven't done one since the vix dropped. Gonna give it a shot tomorrow if an opportunity presents!
Views #Drake
Leave a 🐶emoji below! Thanks for all of the support!! Halcyon and Maz will be on soon, as well!