SPY options play! Calls. I open a position live so you can learn and see my thought process! Gains!
ฝัง
- เผยแพร่เมื่อ 12 ม.ค. 2025
- Hopefully you enjoyed watching me open a position. This has been a popular request since I started posting. I ignored a out position entry this morning so I could post this so you better like share and subscribe 😡
#investing #sp500trading #spyoptions #stockmarket #sp500
Wow, this is impressive, makes it look easy
I'm going to watch this . I literally am watching everything about options. I'm trying to learn everything and how it works
@@elvergia3714 I have a ton of videos! Make sure you watch them and feel free to share them too hahah. Hopefully you enjoy. It’s a risky game and I don’t recommend trading options, but if you must trade them, I have hours of content on this channel so you can see what you can expect with the high volatility zero day to expire options. But like I said, if you can help it, DO NOT TRADE OPTIONS CONTRACTS. Not financial advice
His analysis is good but please work on sizing your position well!!
This guy has balls of steel.
This ain’t about balls. Its About losing and winning and being fine with both. You don’t want to lose everything expecting to win 100% of your account!!
Options are priced very efficiently and you will at best break even without a defined edge. Best case: get lucky and call it quits while you are ahead.
The wheel and theta plays don’t beat buy and hold.
Keep posting such content man, love it
@@shreyaslabhsetwar9055 I’ll keep posting if you keep watching!
Fun to watch you trade
@@Muircure I am glad you are enjoying the entertainment! More to come! I try to post every trading day
Turned about $150 into $350 profit in 1 month, sticking to the plan vs no plan about 6 months ago in which i lost 1.2k. Also got a new job so thats nice. 21 btw sick vid im enjoying them
@@BannanaBunny21 nice man! Good luck in your trading adventure!
Thank you for showing this one I like it when you let us know what your thoughts is. It helps me to learn. I know it's not financial advice. 😉
@@Jay-sh6ks I liked making this one too. I should just start screen recording any time I open the app at this point
Good video Sai. I was rooting for you the whole time and also you sound very calm for the size of contracts your buying ODTE but im sure that comes with experience. Any trader has to become a good loser or it will eat you up. Hope you upload more vida like this Sai
@@Meanmachine28 I appreciate the kind words man. Glad you enjoyed. I’m going to try to continue to upload a video every trading day until I blow up my account. Tune in for more!
just came across your content on my journey of trading stocks and crypto and im absolutely hooked, I just started investing in robinhood and wanted to learn more about trading options and this is the best content I have seen thus far, I have learned alot by just watching these videos so thank you, keep going ! and for being a beginner i wanted to ask , how much money should I start with trading options until I am more comfortable?
@@fendimosthated2424 thank you for watching and enjoying the content! I appreciate your compliment! To answer your question on how much you should start to trade with options: ZERO! Do not mess with options. It will ruin your life. It isn’t worth it. 90% of retail traders lose money on options. Please be safe and smart with your money. This is for entertainment purposes only!
I was watching after spy went up 584$
Incredible how you made very logical choices! Amazing gain! When did you end up selling your last few positions?
@@DailyRLClips123 I don’t wanna talk about it 😭 they were up 300% for a bit though ☠️
How do u read the charts wow how many years did it take
@@pinmycomment5239 like four years. I have been trading for 15 years though
Do you do this live or post after the play is finished?
@@shimonyaakovbegelfer7745 after the play is finished
@PSaiTheLegend Oh ok thanks for responding! Wish you did it live so we could get in too 😂
@@shimonyaakovbegelfer7745 lol! I bet you free loaders would love that. I would get to charge you. The thing is, I’m not always right, and if a bunch of people copy me and lose money, they would sue me or come find me and my family and hurt me. I just post for entertainment purposes only. If you “learn” something from my videos, that is a bonus
Haha true I hear that. Thanks for uploading for us free loaders anyway!
@ any time sir! Stay tuned for more videos
Hey, thank you for the video. I noticed you use a leverage Robin Hood account🎉 is that right because last video I saw you buying 20 SPY contracts each for.78 and it cost you $780
@@JSamara05 nope! It isn’t leveraged. That is just the nature of the options market. Each contract is worth 100 shares of the underlying stock. When you see the prices, it will show you the price that you would be paying per share. So if you see $0.37, multiply it by 100 shares to find out the contract price: $37. The standard contract has always been worth 100 shares
I am 14 and have an account under my dads money lost about half the account now at $550 what would you do trying to make it back considering I’m in school during the day. You’re videos are the best
@@BreckenThompson-iz9wr that’s awesome that you are starting to invest so early! You have the opportunity to get out of the options market and never look back. So basically you are asking what is the best way to double your $550? Unfortunately, I do not give financial advice, but what I can say is this: you have a chance to not trade options ever again and live a happy life making steady gains by investing in ETFs or stocks that you have a faith in, STAY AWAY FROM OPTIONS BECAUSE THEY WILL RUIN YOUR LIFE! You are more likely to lose the remaining $550 if you dabble with options. Make conservative plays. 90% of traders cannot beat the S&P500 in a year. Statistically, your best bet would be to invest in an ETF or let a financial advisor invest your money for you within your risk tolerance. Good luck young man
I’m surprised you didn’t catch the morning dip.
@@alanj554 I explain why I didn’t in the video. I wanted you guys to see me open the position and by the time I would have hit record, the play was already not worth it. You are welcome
@@PSaiTheLegend😢😢😢
Bro how are you sooo calm when it goes down so much? I’m trying to learn how to not freak out when it goes the opposite way when you put in an order
@@JohnnyNuon the number one rule is do not trade with money you cannot afford to lose. This is money that means nothing to me. Ensure that your life is in order. Ensure that you have a safety cushion or a rainy day fund. Then if you have more left over, you can do what you want. You need to create a scenario that no matter what happens, you can’t lose. That’s why I don’t care if I am down. I can always make more money or lose it all. I won’t be alive to care one day
@ love that answer. Thank you
Hello, I’m the guy that questioned you about buying contracts that are way out of the money. Still don’t think I’m gonna do it because don’t you start with that negative balance? Like if you look at the expected profit and loss, it’s says your at -$114 and once you hit breakeven your at $0, don’t you start off with your position at -$114? This is the only part that scares me. I’m good at trading, profitable everyday and on a current win streak, but I don’t see myself buying those out of the money contracts away from the break even. Might do it once to see if my position does start at $-114. Not too sure. Other than that happy with how I’m trading.
@@amadobautista6685 congratulations man! Keep up the great work! And stay away from options altogether honestly. It isn’t worth the risk. I will explain though. When you buy a contract, it has a value. As time moves on and the price fluctuates, the value of that option contract can either increase or decrease, regardless of its moneyness (whether or not it is in the money). Profits or losses can be taken on any option at any time during the market as long as there are sellers and buyers. Where are you seeing -$114? Also, did you see when I took profits? I was selling for higher than I bought which means the amount of money I have is bigger.
@@PSaiTheLegendI was trying to type it out to you, but now that I am I can see how my thinking doesn’t make senses😂. How are you going to buy a contract for $114 and start with a negative balance that is higher than the contract itself as soon as you get in the trade. Honestly, if I implemented a huge amount of contracts in my trading strategy like you, I would make easily $355 or more a day instead of my $100 to $200 a day.
@@amadobautista6685 be careful and have fun man. It is dangerous to mess with options.
@@PSaiTheLegendwhat makes it dangerous if u trade high volitle stocks and just cut loss early
@@yunusmohammed-m9o you can lose all of your money very quickly and become a gambler and lose even more
You really shouldve held it went to 585
woke up late after the dip :[ pst
@@imm333_ trading the early hours of the market is basically gambling in my opinion. You were probably better off missing the dip. If you saw the chart at open, how likely would you have determined that the price action would continue to be bearish? Hindsight is 20/20. If you woke up late and missed the trading day everyday for the rest of your life, you would probably be luckier than the guy that trades it every day.
@@PSaiTheLegendwhat time then should I start trading then. Bc I’m already ready to pull the trigger right after the market opens. What is the best time? Thanks
@@brisasdelmar4400 I cannot decide when you can start trading. I start trading half an hour to an hour or more after market open to see if there is a defined trend