Stock Options Trading: How to Trade LEAPS and Why They Matter

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  • เผยแพร่เมื่อ 29 พ.ย. 2024

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  • @Mybody4life
    @Mybody4life 3 ปีที่แล้ว +47

    Brilliant video,well explained,you get heaps of views because your vids are quality.very nice.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +6

      I appreciate that!

    • @8367212
      @8367212 3 ปีที่แล้ว +1

      The ability to keep it simple.

    • @curiouskittycat5977
      @curiouskittycat5977 3 ปีที่แล้ว

      @@InvestAnswers Thank you James for teaching us these tools.

    • @dannyc8851
      @dannyc8851 ปีที่แล้ว

      @@InvestAnswers going back and looking at these videos again two years later !

    • @Anw120
      @Anw120 3 หลายเดือนก่อน

      @@InvestAnswers James, thanks again for this great explanation, very informative.
      I have a question though - How do we get access to the excel spreadsheets in the video? For determining best buy in strike prices / expirations on LEAPS?

  • @jamesmcgarry1229
    @jamesmcgarry1229 2 หลายเดือนก่อน +4

    Cannot believe this older video has so few views. There just be so many other gems in your back catalogue James. You’ve been my daily fix of sanity for the last 6 months.

  • @chadada8866
    @chadada8866 3 ปีที่แล้ว +19

    It’s nice coming back and watching some of the older videos! I’m glad James starting making videos daily, this man has changed my life.. I’m blessed to be part of the IA patreon. The trade alerts and market updates are priceless..

  • @Garce227
    @Garce227 2 ปีที่แล้ว +5

    I am just watching it today. Proof James is a perennial . Quality never fades.

    • @Garce227
      @Garce227 หลายเดือนก่อน

      Rewatching today🎉

  • @aggerleejones200
    @aggerleejones200 9 หลายเดือนก่อน +1

    Good video… Another thing I will do when I buy leaps is sell shorter dated options against them to lower my cost basis… Thanks and if my leap options are in the money I’ll scalp Gamma by shoring 😊shares of the stock. For example, if I have 5 call leaps in the money im essentially controlling 500 shares, if the stock makes a move higher maybe I’ll short 100 shares, now I control 400 shares Normally over time and I will cover and scalp some money without ever touching my options… and if the stock makes that move and never dips back down for me to cover then I’m still hypothetically long 400 shares

  • @cjnow214
    @cjnow214 3 ปีที่แล้ว +19

    The definition of LEAP is what you're doing with the TH-cam Algorythm :-) Crushing it on the SUBS!!! Stoked for you.

  • @RationalTrade
    @RationalTrade 3 ปีที่แล้ว +2

    This is the first video that I don't watch at 2X speed on youtube in 2 years.
    Very interesting. Keep up the good work.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      Welcome aboard! Thank you and I do that also. But there is a lot of meat in this one.

    • @ghancock77
      @ghancock77 3 ปีที่แล้ว +1

      Totally same... favorite thing about TH-cam is the ability to speed up. With IA I leave it normal speed. GREAT MATERIAL.

  • @alejandrovillanueva5386
    @alejandrovillanueva5386 หลายเดือนก่อน +1

    Beautiful to see this early video James. It is still out of my level yet, but perhaps one day I will give it a try. Thank You so much! Take care

  • @livinginthehudsonvalley845
    @livinginthehudsonvalley845 3 ปีที่แล้ว +8

    Love your chill style on all the topics you cover... Thanks for that in a sea of over-hyped content

  • @adamo36532
    @adamo36532 3 ปีที่แล้ว +12

    You are such a great investor and teacher lol. Thank you.

  • @MarcusFred-wn3iv
    @MarcusFred-wn3iv ปีที่แล้ว +132

    While trying to build passive income and prepare for retirement, It’s important to choose stocks that are expected to hold up in inflationary environments. To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I have seen people making up to $800k in a month during high-inflation

    • @BrunoLuke
      @BrunoLuke ปีที่แล้ว

      One strategy is to invest in assets that perform well during inflation. Another strategy is to focus on companies that have the ability to pass on price increases to their customers. It's also important to maintain a diversified portfolio. It may be a good idea to speak with a broker who can help you develop a customized investment strategy based on your individual goals and risk tolerance

    • @MarcusFred-wn3iv
      @MarcusFred-wn3iv ปีที่แล้ว

      @@BrunoLuke I used to manage my stock portfolio by myself, all that time I did not make any significant returns (but also did not suffer losses). Then out of nowhere 2008 happened, and I lost 50% of my savings in a very short period. That prompted me to hire an FA, Since then I have been learning a lot about the stock market and I have made up to $500k in returns

    • @BrunoLuke
      @BrunoLuke ปีที่แล้ว

      @@MarcusFred-wn3iv I've been thinking of going this route of using an advisor. Could you suggest yours?

    • @MarcusFred-wn3iv
      @MarcusFred-wn3iv ปีที่แล้ว

      @@BrunoLuke I personally work with *KRISTIN GAIL CUNNINGHAM* She covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, and ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her

    • @BrunoLuke
      @BrunoLuke ปีที่แล้ว

      @@MarcusFred-wn3iv She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @CebiGreen
    @CebiGreen 3 ปีที่แล้ว +1

    Omg. I had tried to learn option from other channels and I was so confused until I learned from this one. Glad that someone asked you about the option trading book during your live today and you referred to these series. Thank you!

  • @liming9675
    @liming9675 ปีที่แล้ว +1

    you are so generous to provide such good information and teaching here for free. I am so glad I found your channel

  • @Vinosity
    @Vinosity 3 ปีที่แล้ว +2

    I subbed to the channel last week, and the amount of information is incredible. Trying to be a SPONGE for all this POWERFUL wisdom you are putting out into the world. Thank you for being the teacher that the youth of today need. I wish I learned any of this stuff in school.

  • @LucasCanuck
    @LucasCanuck ปีที่แล้ว

    Finally learned what LEAPS mean. Love it.

  • @jjnn6907
    @jjnn6907 3 ปีที่แล้ว +1

    @12:52 you talk about options that are well traded, at what point would you consider them well traded? In the triple digits?

  • @iQeLabs
    @iQeLabs 8 หลายเดือนก่อน +1

    Glad I got served up this oldie but a goodie

  • @ff-hj7cc
    @ff-hj7cc 3 ปีที่แล้ว +1

    I love your material on MICROSTRATEGY

  • @Avocado797
    @Avocado797 ปีที่แล้ว

    Such quality and free!

  • @mariaelenasandoval7768
    @mariaelenasandoval7768 3 ปีที่แล้ว +1

    We enjoy your passion for investing as well as your wellingness to share with us
    Thanks

  • @justinallen007
    @justinallen007 3 ปีที่แล้ว +1

    just wow!! thank you for fully explaining it, in very great detail. im bilingual, the way you explain it made it so understandable. thank you as always james

  • @GalaxyIV37
    @GalaxyIV37 3 ปีที่แล้ว +7

    Wow! What great videos you have, and I don't usually comment on youtube videos... I will purchase your Patreon subscription without a doubt (even if I don't use it) just to support this channel! Great work man keep the videos coming, this information is a blessing to new traders.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      Many thanks John, VERY APPRECIATED!

  • @user-AlwaysAces
    @user-AlwaysAces 3 ปีที่แล้ว +2

    Good job on the video! I’ve been trading options for years and still learned something from it.
    My one question is. Once you have identified your thesis for a leap trade, how do you know if the big stock move isn’t already priced into your leap price already? Does the delta decrease if many have already bought the same leaps before you?

    • @user-AlwaysAces
      @user-AlwaysAces 3 ปีที่แล้ว

      @@cryptokirbytrading1722 can you provide the number or iMessage account I should text to?

  • @Garce227
    @Garce227 12 วันที่ผ่านมา

    I am going to the Greeks for 2025! Now revision time before action. TY Captain.

  • @sidbizusa
    @sidbizusa 3 ปีที่แล้ว +2

    Thank you very much. I wish you were my investor. Straight to the point. I am telling my friends to subscribe to your chanell. Best wishes, stay strong and healthy!

  • @pm375
    @pm375 2 ปีที่แล้ว

    At your intro, are you saying “Welcome in” in English or the word welcome in another language which often has additional letters in other languages?
    What’s your opinion on buying LEAPS two years or longer, then selling short term covered calls after the first year to generate cash flow along the way? Porter

  • @WakeUpBuildUpLevelUp
    @WakeUpBuildUpLevelUp 2 หลายเดือนก่อน +1

    When does time decay get bad?

  • @lazyscorsese8421
    @lazyscorsese8421 3 ปีที่แล้ว +1

    I’m a bit confused on selling leaps options in relation to time decay. I understand if the stock goes sideways time decay kills the value. But what if the stock continues going up, does time aid you then? I was able to score leaps options on NIO & NVTA at their recent bottoms. With the rally this week the options have almost doubled in just a week. Does it make sense to sell now even though I’m bullish long term and expect the stock to be well past the prices I was able to grab it at? I’m not expecting a concrete answer, more so trying to understand the pros & cons of continuing to hold. Thanks for sharing your wisdom, I’ve been learning a lot

  • @Jabroni2U
    @Jabroni2U 3 ปีที่แล้ว

    Love your teaching style, you are an EXCELLENT TEACHER

  • @derekge5794
    @derekge5794 หลายเดือนก่อน

    I think there is a mistake at minute ~16. An option with a delta of 0.88 - don't you essentially control 88 shares for each contract - not 0.88 x market price. The mkt price of security has nothing to do with it?

  • @aaron6806
    @aaron6806 6 หลายเดือนก่อน +1

    Hahaha! Yeah, I'll be sure to get right on buying a LEAPS on ARKK because I desperately want to be broke.

  • @zbubu184
    @zbubu184 3 ปีที่แล้ว +1

    I subscribed after hearing your first sentence, great job.

  • @arwood111
    @arwood111 ปีที่แล้ว

    I too love LEAPS …. Not LEAP, this is a well done educational video that explains LEAPS without over complication of a very complicated topic, Thank you!

  • @TroyConner765
    @TroyConner765 3 ปีที่แล้ว

    What is that crash list your looking at? Rotation to oil is a thought.

  • @houseofodalys6294
    @houseofodalys6294 3 ปีที่แล้ว +3

    taking notes!!

  • @a_d_s5361
    @a_d_s5361 2 ปีที่แล้ว

    What do you think about Ford and Disney LEAPS for Jan 2024 expiry?

  • @RettG
    @RettG 3 ปีที่แล้ว +3

    Love your curriculum -- any books you'd advise for more information.

  • @nukesean
    @nukesean 3 ปีที่แล้ว

    I think it might be helpful to discuss selling shorter-term calls each month against your LEAPS as a way to reduce your cost basis/risk. Relatedly, people who are new to options may be confused by the short ILMN 600 call you showed in your screenshot since I don't think you mentioned it. Personally, I'd be curious to know why you sold another a LEAP against your long position instead of selling monthly calls along the way. After all, if it's smarter to buy LEAPS than to buy monthlies, then surely it follows that the opposite must be true when selling.

  • @SejalPatelDrSej
    @SejalPatelDrSej 2 ปีที่แล้ว

    Do you exercise to convert your option premium into stock cost basis and thereby avoid cap gains ?

  • @The-realnews
    @The-realnews 2 ปีที่แล้ว

    A lot of people seem to advise against Trading leap option 🤔 any ideas why

  • @whimsythecrypto-hippy-wolf1900
    @whimsythecrypto-hippy-wolf1900 2 ปีที่แล้ว

    Awesome James! Just what I'm looking for!

  • @Glen67z
    @Glen67z 3 ปีที่แล้ว +1

    What do you think of the ETH price dropping to -1500 right now?

  • @justinallen007
    @justinallen007 3 ปีที่แล้ว

    james!!!! how can we play this leaps strategy for BABA!!!

  • @The_Viking970
    @The_Viking970 27 วันที่ผ่านมา

    Ilumina crash and now it’s trading at 150$ hope you got out before that crash

  • @DardyGG
    @DardyGG 3 ปีที่แล้ว +1

    Yeah damn, the channel Is pumping now.

  • @Anw120
    @Anw120 3 หลายเดือนก่อน

    How do we get access to the excel spreadsheets in the video?

  • @DeAnnaChoi
    @DeAnnaChoi 2 หลายเดือนก่อน

    GREAT VIDEO! Interested in joining your Patreon. Do you post alerts on your LEAPs entry? Wondering which tier would benefit me the most?

  • @rayncruz
    @rayncruz 3 ปีที่แล้ว

    You are awesome James, I only wish youtube recommended your feed to me sooner !!

  • @mattjaworski6904
    @mattjaworski6904 3 ปีที่แล้ว +2

    Anyone who talks leaps gets my subscription

    • @investanswer539
      @investanswer539 3 ปีที่แล้ว

      For guidance and strategies to make huge profit plan.

  • @IhsaanTyalor
    @IhsaanTyalor 3 ปีที่แล้ว +1

    OTM LEAPs for $TSLA would have netted 1000x. I bought one OTM $530 call when Tesla was $300 pre split and sold wayyyy too early for fewX return. Had I kept it, would’ve reached 1000x return.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      yes but remember risk reward, what TESLA did was unprecedented in quite some time. We can compare trading results if you like :D

    • @IhsaanTyalor
      @IhsaanTyalor 3 ปีที่แล้ว

      @@InvestAnswers Most of my successful trades have been either multi year share holding or investing in disruptive innovation during the last 8 year bull market. You're surely more skilled 😄

    • @IhsaanTyalor
      @IhsaanTyalor 3 ปีที่แล้ว

      One thing I'd like to know is your anti-portfolio. Biggest misses! Mine is HUGE 😂🤑. Had many ideas I didn't pull the trigger on, or if I'd held would've been life changing money, or jobs that equity would've been big. Am learning to be better about it emotionally focusing on forward, but how do you deal with selling too early or not diving fully into a position psychologically? Close misses in general?

  • @FredWang00
    @FredWang00 3 ปีที่แล้ว

    Great video! Can you explain in depth why delta x price = # of shares controlled? I tried to do the math on my own positions and this didn't really make sense to me. How does the price the option affect how many shares you can control? The most you can exercise from 1 contract is 100 shares right?

  • @vedyor5858
    @vedyor5858 ปีที่แล้ว

    Hi, Can you please tell me the volumes of LEAPS contracts ? Are they liquid , any website where i can check . Thank You

  • @sanneheindorf
    @sanneheindorf 3 ปีที่แล้ว

    Absolutely a brilliant way of presenting things. Well explained, high quality of information. Thank you so much for that. I would tend your class anytime, if your were teaching.

    • @investanswer539
      @investanswer539 3 ปีที่แล้ว

      For guidance and strategies to make huge profit plan..

  • @suzannerobidoux6706
    @suzannerobidoux6706 3 ปีที่แล้ว +1

    Your videos are very interesting!👍🏻😃
    Would you use Leaps in an IRA or you would use shorter term options since there are no tax issues on the holding period?

  • @crookedcaps
    @crookedcaps 3 ปีที่แล้ว +2

    Would you talk about your thoughts on GLXY on this channel?

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      yes coming

    • @crookedcaps
      @crookedcaps 3 ปีที่แล้ว +1

      @@InvestAnswers the opening this morning might be your entry point for GLXY.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว

      Cheers Phil

    • @crookedcaps
      @crookedcaps 3 ปีที่แล้ว

      @@InvestAnswers it's gonna pop this morning. I hope you got in on the dip. This is the perfect underdog stock. Highly overlooked. Good work by the way.

  • @sjaw100
    @sjaw100 6 หลายเดือนก่อน

    How to read the green and red map?

  • @happydays8093
    @happydays8093 3 ปีที่แล้ว

    I wonder if it would be possible for you to give us a few stocks that you like and strike prices to look for in this down turn.

  • @haneyguitarinstruction6260
    @haneyguitarinstruction6260 ปีที่แล้ว

    I have a question. If I believe SPY to be at 240 in a year or so, what strike price do I need to pick? I am clueless on options let alone LEAPS. I'm thinking March 15 2024 240 strike

  • @jasond3169
    @jasond3169 2 ปีที่แล้ว

    Question; Don’t the Greeks change constantly? If you enter a trade at $.88 delta, isn’t that subject to change, especially with volatility??

  • @Anniesgranddaughter
    @Anniesgranddaughter 3 ปีที่แล้ว

    I was just looking at BRK.B and reviewing the results on1/23 OTM Leaps with the highest OI purchased during the 10/20 low. The stock is up @ $100. They OTM leaps which are not ITM seem profitable. Could you provide more insight regarding why not to purchase OTM leaps or leaps on BRK.B?

  • @MedStopPharmacy
    @MedStopPharmacy 3 ปีที่แล้ว

    Thanks for teaching us appreciate it

  • @danjwalker
    @danjwalker 3 ปีที่แล้ว +1

    That acronym is quite the leap.

  • @Novometix
    @Novometix 3 ปีที่แล้ว +1

    You made me interested in the Patreon Group!

  • @DiablloRus
    @DiablloRus 3 ปีที่แล้ว

    What happens in the situation where the underlying stock goes above the strike and we are the leaps sellers? But after couple of month it goes bellow the strike. Do we have a risk of the leaps to be executed or would they (buyers) usually wait till the expiration. Thank you

  • @j.reichert2027
    @j.reichert2027 3 ปีที่แล้ว +1

    Thanks very much! Good quality. No fuss!

  • @briceking669
    @briceking669 3 ปีที่แล้ว +2

    No dislikes =quality content :)

  • @rocketshoot3027
    @rocketshoot3027 2 ปีที่แล้ว

    What was the strike price? 😳

  • @KellerCRD
    @KellerCRD หลายเดือนก่อน

    Ok I’m really worried about taxes I live in New York and have been “trading like crazy” the past 2 months

  • @Fun_Dealer
    @Fun_Dealer 3 ปีที่แล้ว

    Hi James, I’m a relatively successful engineer but the money in engineering doesn’t come close to trading. I’m thinking about a career switch, I also like the idea of working when and where I want. Any advice you can give on how long it might take to learn everything I need?

  • @musyclover
    @musyclover 7 วันที่ผ่านมา

    RHO became important again James

  • @MedStopPharmacy
    @MedStopPharmacy 3 ปีที่แล้ว +1

    More options videos please

  • @dmzhockey94
    @dmzhockey94 3 ปีที่แล้ว

    Hi I tried to join your patreon but it says sold out. Is that the only way I can access your exclusive information?

  • @HarveyMushman
    @HarveyMushman 3 ปีที่แล้ว +1

    Getting smarter video by video. Thanks awfully. 🙏

  • @omarghosn8655
    @omarghosn8655 3 ปีที่แล้ว

    So a LEAPS is an option...that you dont have to execute if you are out of the money. Say you buy a LEAPS and the stock goes down, the max you lose is the value of the LEAPS option. Your example of $45x100 is your max loss...is that correct?

    • @odomn
      @odomn 3 ปีที่แล้ว

      You sir are 100% correct. You can never lose more than what you paid for the option. That is why many people prefer to buy options over futures. Also, you can lose a huge amount of money if you sell options, so don't do that until you know what you are doing.

  • @options888
    @options888 3 ปีที่แล้ว

    What’s your favorite options strategy, in which is your go-to strategy that gives consistently profitable results? Apart from LEAPS what are you thought on selling put options?

  • @jeremyh5921
    @jeremyh5921 3 ปีที่แล้ว

    Great video. Would love to hear your thoughts on ZI and DSP respective to options. I am in the space and both of these merit a bullish outlook.

    • @investanswer539
      @investanswer539 3 ปีที่แล้ว

      For guidance and strategies to make huge profit plan.

  • @full_disclosure_now5844
    @full_disclosure_now5844 3 ปีที่แล้ว

    Again, 3rd time I watch this video! Thanks a lot Giacomo!

  • @andrewmckean3186
    @andrewmckean3186 2 ปีที่แล้ว

    Am I late to the party I can't seem to join the patreon? Does anyone else have that problem?

  • @georgeloveless4848
    @georgeloveless4848 3 ปีที่แล้ว +1

    Are you bullish on btc? Or bearish?

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +4

      so bullish

    • @georgeloveless4848
      @georgeloveless4848 3 ปีที่แล้ว +1

      Thanks, new subscriber here and been watching a lot of your videos and you said tonight that you were turning bearish, so I wasn’t sure if that applied to crypto also.

  • @fabricedupont9417
    @fabricedupont9417 3 ปีที่แล้ว

    So GLXY would be a great stock to do a LEAPS of 3 years, no?

  • @Rich-ey7jv
    @Rich-ey7jv 3 ปีที่แล้ว

    As of Dec 5. 2021, this trade is down $2,800(-31%). How do you fix it?

  • @sherlockholmesradioshow
    @sherlockholmesradioshow 3 ปีที่แล้ว

    Great stuff as always.

  • @petemartin1891
    @petemartin1891 3 ปีที่แล้ว

    can we see some videos of you trading on you computer i.e websites you use etc I think it would be much easier to digest. for me anyway im fairly smart and these leaps go over my head mostly.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว

      Hi Pete, I do this sort of stuff on Patreon.com/investanswers

  • @randywest7623
    @randywest7623 3 ปีที่แล้ว

    Really outstanding content. Thank you!

  • @flyinginferno6922
    @flyinginferno6922 3 ปีที่แล้ว

    Forgive my ignorance but I assume you can lose multiples of your investment as well as gain multiples? I look forward to your show every day 👍

    • @eeyespytran4988
      @eeyespytran4988 3 ปีที่แล้ว

      @@cryptokirbytrading1722 spammer

  • @IgorLisx
    @IgorLisx 2 ปีที่แล้ว

    It's easy to do it in bull market.

  • @leopard5810
    @leopard5810 3 ปีที่แล้ว

    Thank you so much !!!

  • @Daywlkr1
    @Daywlkr1 หลายเดือนก่อน +1

    Thank you so much for all the knowledge that you have put into the world!🌎 I am 59, I’ve been in construction my whole life with no chance of retirement, because of your kindness and truthfulness people like me now have a chance. May life smile upon you daily and your days be filled with Dollars!!!💴💴💴💴💴💴💴💴💴💴💴💴💴💴💴💴💴💴🤞💴💴💴

  • @kenstephen6534
    @kenstephen6534 3 ปีที่แล้ว

    Learning - thanks

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      Keep watching and learning, mate!

  • @mannyredd
    @mannyredd 3 ปีที่แล้ว

    You're the best!

  • @Ballistichydrant
    @Ballistichydrant 4 หลายเดือนก่อน

    Love the math ❤

  • @bennyzhang
    @bennyzhang 3 ปีที่แล้ว

    Thanks for a great explanation. If I had high conviction on a stock, wouldnt it just make more sense to buy ITM (or deep ITM) leaps rather than owning the stock itself??

    • @odomn
      @odomn 3 ปีที่แล้ว +3

      You are exactly right. Time value (theta) is relatively low on DITM LEAPS whilst delta is still high and the option can be much more profitable than owning the stock. LEAPS supercharge your returns, but if the stock dips below your strike at expiration you lose the entire investment even though the stock still has some value.

    • @bennyzhang
      @bennyzhang 3 ปีที่แล้ว

      @@odomn Thanks for clarifying :)

    • @davina0611
      @davina0611 3 ปีที่แล้ว

      @@odomn so the max you can potentially lose is your initial investment (cost of contract)? I'm trying to wrap my head around all this new info lol

    • @odomn
      @odomn 3 ปีที่แล้ว +2

      @@davina0611 Options are complicated, but you are right about the maximum loss. The SPY index etf is at 391.77 right now. I can buy a 392 call option that expires in 1 month for $2,387. (23.87x100) If SPY goes above 416 then I make money (392 plus 23.87). If it goes below 392 then I lose the entire $2387. If it closes somewhere in between then I will lose some but not all my investment. But you can never lose more than you paid for the contract. Which can still be a lot of money. And still hurts. But remember, you don't have to hold the contract until expiration. If SPY goes up sometime during the month your option will go up too, and you can sell it and make money even if it doesn't reach 416. But it is a race against time and volatility, as your option is worth less every day and it is also worth less as volatility goes down, which usually happens if SPY goes up.

  • @GRMD_Khera
    @GRMD_Khera 2 หลายเดือนก่อน

    Berkshire H...Crappy Company? I think you mean crappy from a LEAPS stand point only.

  • @childofgod1226
    @childofgod1226 3 ปีที่แล้ว +2

    Love your videos, but this one went way over my head.

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +2

      Why is that? I worked hard to make this one digestible. I want to improve and simplify where possible.

    • @childofgod1226
      @childofgod1226 3 ปีที่แล้ว +1

      @@InvestAnswers No, it’s not you. Your content is great. I love your videos. I guess it’s that feeling you get when you learn something new and initially it all just feels daunting.

    • @danjwalker
      @danjwalker 3 ปีที่แล้ว +1

      I'm there with you. Rewatch it and perhaps look up specific concepts you don't understand. Learn the terminology and gradually you should start piecing it all together :)

  • @temuulenjargalbayar796
    @temuulenjargalbayar796 3 ปีที่แล้ว

    so you dont use TA?

  • @emptyempty1310
    @emptyempty1310 ปีที่แล้ว

    The 2021 crash, apple 3t market cap.... are you a time traveller!

  • @nowithinkyouknowyourewrong8675
    @nowithinkyouknowyourewrong8675 2 ปีที่แล้ว

    "Rho is no longer important" ahhh, you sure about that? :p

  • @lvpatfleming7465
    @lvpatfleming7465 3 ปีที่แล้ว +1

    👍

  • @lvpatfleming7465
    @lvpatfleming7465 3 ปีที่แล้ว

    There seems to be a spammer on comments I have 3 messages, from a comment I made. Your picture but doesn’t read like you sound

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      Look out for those savages, they're everywhere! Report them if you see them.

    • @lvpatfleming7465
      @lvpatfleming7465 3 ปีที่แล้ว

      @@InvestAnswers to who

    • @InvestAnswers
      @InvestAnswers  3 ปีที่แล้ว +1

      @@lvpatfleming7465 you can flag them on TH-cam 👍

  • @Zero_sleepp
    @Zero_sleepp 3 ปีที่แล้ว +1

    YESSS!!!