I sell put credit spreads a lot. Finding the best reward for buying power used is the challenge. Diversifying is required for sure! Thanks for sharing your experience!
Dear Uncle Henry, Your passion shines through in your clear and transparent explanations. Your generosity in sharing knowledge is truly appreciated. While the time zone difference and the cost of the full course ($3.5k) made it challenging for me to sign up, I've been diligently watching all your TH-cam videos. I've already learned a tremendous amount and gained much more confidence in trading options. "Thanks" hardly does justice to my gratitude. Please continue your fantastic work! ❤❤
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
with my big financial decision,it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, *VALERIE ELLEN CIRBO* he's seen dozens of market cycles over the past few decades, and he has a feel for how they move, why they move, and what comes next.
With the right strategy, it's not difficult to make monthly profits of up to 6 digits as I've made up to $75k per month since last year. Even though I have been investing for a while, it is very important for me to get help from a tutor to identify and take advantage of this market opportunity
My consultant is *VALERIE ELLEN CIRBO* I found her on a Bloomberg business interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven’t regretted doing so
Thanks for making the video. But just curious- if we look at math it doesn't make sense. at 7:18, if the delta means there's a 14%chance of the option being exercised, doesn't that mean statistically the expected value is 45*0.86+(-455)*0.14=-25? which indicates that if we repeat the trade many times we will end up losing money... How do you explain this?
I would think some form of a hedging strategy is needed to reduce the loss amount. The downside to that would probably be a lower win rate. I've been searching for a combination of entry strategy, trade management strategy and exit strategy that will produce positive results in the long run. Haven't found it yet. BTW, didn't the thumb nail for this video state "100% WIN RATE"???
I like your thinking. This is something that I have also wondered about. I am not 100% on the math you used there. However, if you have a 0.10 delta and a 10/1 risk/reward, does not this mean that once all is said and done, you will have about what you started with? If all you based your trade on was delta, you are basically gambling. You need to study data on the stocks and ETFs that you trade options on. Keep your risk diversified. Double down on positions that are going farther and farther into the money. Close out of positions that are moving against you. 1 loss offsetting 10 wins in a 10% profitability trade ratio sounds like stagnant trades. However, the biggest thing is closing out of bad positions. You would only net 0$ in the long run if all you did was open trades and let them run till expiration. That is what delta is measuring.
@@claudioairo6826 yes, you can get a 100% win ratio. You should read my other comment. If you close out of bad positions, you will not lose your max loss. I guess it is a 100% win strategy if you only count complete losses. Please monitor your credit spreads. If you get assigned or exercised, that could set you way back in terms of earnings. The way this works is that, you collect a credit for the current value of the premium upon selling the contract. If at some point the price moves against you, the value of your contract may increase. At this point, you may pay more money to close the position than you collected to open it, resulting in a net partial loss. However, if it is a long enough premium, some of the value may have already eroded enough so that you might breakeven or still make some profit.
@@claudioairo6826 no strategy gives 100% win rate. In credit spreads, risk is defined (width x 100) but upside is capped. So need to make sure WIN rate is higher else account will be GONE in few trades!! LOL.
Sorry another beginner question... if the stock price has this trade profiting, can you just let the contract expires and realize the profits? Or do you have to close the trade before expiration to take the profit? Thank you!
When sold put options contracts expire, you collect the premium, regardless if anything else happens. You could simply wait till expiration to collect your full premium. However, if the certain factors come into play early on, you could buy the contract back for a lower price before expiration. This would close your position early, but still make some of the premium.
Risking $467 to make $33 is really not all that good of a risk to reward. Lets use the delta % chance to clarify this. You get it right 9 out of 10 times, the one time its wrong, you give back all the gains and more, 30 days out anything can happen too. You gotta have a ton of money to reliably make profits on the SPY with options. 1 contract is worth 50k, spreads work but risk cant be ignored.
I do this but I put stop losses in at 100% (or in this case $66) I win about 8/10 times so for this it would be $33*8wins = $264 $66*2losses = - $132 So total profit is $264 - $132 = $132
@innovateandinvest I 100% understand the benefits of options but the reality is that it's only the most beneficial to people who have a large amount of capital on their portfolio, and even then the only really beneficial plays are covered calls. Compared to Futures Trading options are really a Fool's game especially if you are buying them
@THOMPSON8787 I can't say I've tried futures, but built a small account (5k) doing credit spreads over 2 years with stops, and doubled that account which is good enough to me
He has other videos that help with this. That would depend on how much you are willing to lose. A higher spread width equals more money that you would have to put up to get into the trade and possibly lose. For example, a spread width of 1$ = $100 max loss (1 contract = 100 shares). You determine this distance based on how bullish you are and how much risk you want to take.
yes kinda but don't do it more then three times or you will get flag for pattern day trader if you buy n sell the same day but you can sell the next day if you want
Maybe you can clarify a question of mine. This is a simplification of course but, if we safely collect $45 some 86% of the time and assume we lose 455 the other 14% of the time, then the expected value is $45*86% - $455*14% = -$25. This is seemingly a negative expected value trade. Now, the payout is not strictly binary and delta is not actually a measure of win probability, but can you expand on why this trade is actually long term profitable?
Watch tastytrade. They go over all the percentages and P/L ratios at different deltas, IV percentages, holding to expiration vs managing at 21 DTE. The short answer is that the you have to manage the position (roll it out, close it early for a profit, etc.).
I'm consistently making 40%-65% plus a month using Henry's strategies. Opening a PCS/CCS for a credit of say $10/Loss $90 and sitting on your thumbs thinking your helpless as your position creeps past a $25 loss is the only way you lose money. If you can't close your position then either your broker sucks or you missed the big part of this video (and many of his other videos) about liquidly.
What a great video. You mentioned this strategy would be perfect for a small account. What if you had $1M and you wanted to make steady income. What strategy would you use? Thank you!
I've not had good luck with SPY, 2 Thursdays back I had to upper SP of my PCS (438) get assigned at 5 am. SPY continued down to 432 and change that next day Friday and was assigned. Lost 432 dollars. 😮💨
The math in this video is a guaranteed way to lose your entire portfolio. The risk reward ratio is far worse than a casino. 15% of the time you will lose more than you gained the other 85%. It's simply NOT worth it.
Why not just sell the put option at 410 and forget about the buy option at 405? I didn't hear an explanation as to why you *buy* the put option. Is it to create a safety net in case the etf goes below 405?
If you do that you'd be selling a Cash-Secured Put and would need the full $40k+ as collateral in order to enter the trade. If you don't have that amount available in your account that is what is referred to as selling a "naked put". When you buy the put option, you have effective control over 100 shares, which allows you to sell the Put option without needing to have the full $40k collateral. In effect, its just as you said, the options counteract each other with the result being a small credit to your account. The only collateral you need is the width of the spread x100. In this instance since the spread is $5 so you would need $500 collateral to enter the position. Also, because of the opposing Puts, it defines the amount of loss you can take. The max loss would be the spread amount minus the premium you received.
If you just buy the 405, it wouldn't be a spread, just a cash secured put. The thing that is nice about spreads is that it hedges you against the trade going bad
Love this video! 👍🏻 Question: How does the wash rule apply to options and assignments as I’m sure as you average lower there will be times assignments are higher within the 30-day period. Do you move to alternative stocks during that period? Thanks!
im no expert but math is not mathing Here is an example: CAPITAL 30000000 RPT% 1.00% AVG.LOSS 300000 ARR 0.1 AVG.GAIN 30000 NO. OF TRADES 12 WIN RATE % 90 WINNING TRADES 10.8 PROFIT IN WINNING TRADES 324000 LOSING TRADES 1.2 LOSS IN LOSING TRADES 360000 RETURN -36000 RETURN % -0.12
Henry.... I was so looking to join you but the person I was given to was a AS.Hol. to me.... He would not talk to me like that to my face!!! He had the nerve to tell me I am not a retired soldier because I don't have 6,000 to give you to learn all this.....I am already profitable day trader, I just want to up my game....BUT I will not be disrespected like that by a kid, a millennial but I realize it's not you BUT it is your People.... Thanks for your time I guess
I’m honestly surprised that someone with as much experience as he claims to have would suggest this strategy. Yes, you are going to have a high win rate… but when you lose (and you absolutely will lose from time to time), your losses take out months of gains. Imagine doing this at the start of a major correction and you lose 2 trades in a row. Now you’ve lost over a year’s worth of gains. When doing spreads, you’ve gotta collect at least 1/4 to 1/3 the width of the spread to make it worthwhile.
Can someone break it down for me, how is this a positive EV trade? >risk $455 : gain $45 >needs to win 10x more than u lose in order to be profitable >delta says you only win 86% of the time >means you win 6 time you lose once. This is a negative EV trade my dudes. Do it over the long run consistently without any rule and you'll lose money.
I'm trying to avoid new buys now in order not to get sucked into a bear trap. On the other hand, I’d love to know best possible areas and ways to invest amid downtrend, my goal is to retire comfortably at a ballpark of $1.2M
Good luck! comfortable retirement all comes down to how you want to live your life, if you pinpoint a particular amount to retire with, then it's only right to plan with a well-qualified advisor
I agree, the role of advisors can only be overlooked, but not denied. I remember few summers back, just after my awful divorce, I was in dire need of investing guidance to keep my head above water and thankfully, I came across someone of grit, helped a lot to grow back my reserve notwithstanding inflation, from $350k to nearly 7figure as of today.
massive gains! been caught up with emotional investing lately and cant afford any more mistakes, could you please share more info on your invt-adviser? i'm an absolute newb
For sure My advisor is Camille Anne Hector, she's well qualified,Her strategy is top notch and with her strategy i've been able to achieve great gains from the market the internet is where to find her basic info.
No way this is real I had come across a section were this Mrs Camille Anne Hector was highly talked about at this point I’ll just look her up myself cause it would be crazy if I’m missing out on a great opportunity
$45 with $455 in collateral that's why he said 10% a month. You could do this x100 and make $4500 on $45k THIS IS NOT FINANCIAL ADVICE just explaining.
All I have been doing lately is call credit spreads. Seem to be working perfectly and the PCS are riskier. Maybe I should adjust. My target exit is anywhere between 50-70% of profit and then I’m out.
You are really bad at math lol, what’s the point in making 10% on an 86% chance to win, that’s worse odds than playing roulette at a casino. If you did the credit spread in your example 100x you would make $3,870 but lose $6,370, if you trust the delta win rates (which it’s not anyway but that’s how you always seem to use delta, but the delta changes all the time and month to month so you can’t base a yearly strategy off it)
Was going to just write it down without putting money on the line for the options... would have gotten 6 percent off of 100 dollar spreads. Or there was also 50 percent off of 100 dollar collateral. That was for a month tho or 6 percent for spy for a week.
Market only goes up? And that's why SPY went from 450 to 420 in a month when sell call credit spread would have been more profitable 🤣 Henry you really need to script your videos better and think about what you want to talk about and whether it makes sense rather than rambling on its really painful to listen sometimes!
I sell put credit spreads a lot. Finding the best reward for buying power used is the challenge. Diversifying is required for sure! Thanks for sharing your experience!
Dear Uncle Henry,
Your passion shines through in your clear and transparent explanations. Your generosity in sharing knowledge is truly appreciated. While the time zone difference and the cost of the full course ($3.5k) made it challenging for me to sign up, I've been diligently watching all your TH-cam videos. I've already learned a tremendous amount and gained much more confidence in trading options. "Thanks" hardly does justice to my gratitude. Please continue your fantastic work!
❤❤
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
with my big financial decision,it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, *VALERIE ELLEN CIRBO* he's seen dozens of market cycles over the past few decades, and he has a feel for how they move, why they move, and what comes next.
With the right strategy, it's not difficult to make monthly profits of up to 6 digits as I've made up to $75k per month since last year. Even though I have been investing for a while, it is very important for me to get help from a tutor to identify and take advantage of this market opportunity
My consultant is *VALERIE ELLEN CIRBO* I found her on a Bloomberg business interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven’t regretted doing so
Thanks for making the video. But just curious- if we look at math it doesn't make sense. at 7:18, if the delta means there's a 14%chance of the option being exercised, doesn't that mean statistically the expected value is 45*0.86+(-455)*0.14=-25? which indicates that if we repeat the trade many times we will end up losing money... How do you explain this?
I was thinking the same thing???
I would think some form of a hedging strategy is needed to reduce the loss amount. The downside to that would probably be a lower win rate. I've been searching for a combination of entry strategy, trade management strategy and exit strategy that will produce positive results in the long run. Haven't found it yet.
BTW, didn't the thumb nail for this video state "100% WIN RATE"???
I like your thinking. This is something that I have also wondered about. I am not 100% on the math you used there. However, if you have a 0.10 delta and a 10/1 risk/reward, does not this mean that once all is said and done, you will have about what you started with? If all you based your trade on was delta, you are basically gambling.
You need to study data on the stocks and ETFs that you trade options on. Keep your risk diversified. Double down on positions that are going farther and farther into the money. Close out of positions that are moving against you.
1 loss offsetting 10 wins in a 10% profitability trade ratio sounds like stagnant trades. However, the biggest thing is closing out of bad positions. You would only net 0$ in the long run if all you did was open trades and let them run till expiration. That is what delta is measuring.
@@claudioairo6826 yes, you can get a 100% win ratio. You should read my other comment. If you close out of bad positions, you will not lose your max loss. I guess it is a 100% win strategy if you only count complete losses. Please monitor your credit spreads. If you get assigned or exercised, that could set you way back in terms of earnings.
The way this works is that, you collect a credit for the current value of the premium upon selling the contract. If at some point the price moves against you, the value of your contract may increase. At this point, you may pay more money to close the position than you collected to open it, resulting in a net partial loss. However, if it is a long enough premium, some of the value may have already eroded enough so that you might breakeven or still make some profit.
@@claudioairo6826 no strategy gives 100% win rate. In credit spreads, risk is defined (width x 100) but upside is capped. So need to make sure WIN rate is higher else account will be GONE in few trades!! LOL.
Looking back, this was a winning trade for those wondering. S&P was at $410 on Oct 27th.
Honestly it might have been break even at best. Also, holding it for that month would have been ill advised, while the market was continuing to fall.
Sorry another beginner question... if the stock price has this trade profiting, can you just let the contract expires and realize the profits? Or do you have to close the trade before expiration to take the profit? Thank you!
When sold put options contracts expire, you collect the premium, regardless if anything else happens. You could simply wait till expiration to collect your full premium. However, if the certain factors come into play early on, you could buy the contract back for a lower price before expiration. This would close your position early, but still make some of the premium.
Really appreciate you taking time to teach us ! Thank you
Risking $467 to make $33 is really not all that good of a risk to reward. Lets use the delta % chance to clarify this. You get it right 9 out of 10 times, the one time its wrong, you give back all the gains and more, 30 days out anything can happen too. You gotta have a ton of money to reliably make profits on the SPY with options. 1 contract is worth 50k, spreads work but risk cant be ignored.
I do this but I put stop losses in at 100% (or in this case $66) I win about 8/10 times so for this it would be $33*8wins = $264 $66*2losses = - $132 So total profit is $264 - $132 = $132
Chance of profit is 80-95% or more on spreads, and setting stop losses helps too. Most options expire worthless and this is taking advnabtage of that
@innovateandinvest I 100% understand the benefits of options but the reality is that it's only the most beneficial to people who have a large amount of capital on their portfolio, and even then the only really beneficial plays are covered calls. Compared to Futures Trading options are really a Fool's game especially if you are buying them
@THOMPSON8787 I can't say I've tried futures, but built a small account (5k) doing credit spreads over 2 years with stops, and doubled that account which is good enough to me
I do this at the 10 delta and if I ever have a trade going against me I just roll it down and out
what is the minimum capital required for credit spreads on SPT?
So you can get started with a couple hundred
Great video! Do you have any other videos where you explain how to adjust the trade if this one goes against you?
What broker are you using for your options?
he is RH guy..
Thanks for the great video! How did you determine the strike price of the bought Put? You didnt explain that in the video. Thx!!
He has other videos that help with this. That would depend on how much you are willing to lose. A higher spread width equals more money that you would have to put up to get into the trade and possibly lose.
For example, a spread width of 1$ = $100 max loss (1 contract = 100 shares). You determine this distance based on how bullish you are and how much risk you want to take.
Can we close the spread options (buy back/ sell) the same day or within a day or two of opening the options?
yes kinda but don't do it more then three times or you will get flag for pattern day trader if you buy n sell the same day but you can sell the next day if you want
So, if you look at it, one trade can sometimes equal the profit of 10 to 13 winning trades. Isn't it more risky and not beneficial??
86 % chance to make USD45 = 86 x 46 = 3870 and the chance to lose 14 % USD is equal to USD 6370,I am confused about how it makes profit?
So, if you look at it, one trade can sometimes equal the profit of 10 to 13 winning trades.
Maybe you can clarify a question of mine. This is a simplification of course but, if we safely collect $45 some 86% of the time and assume we lose 455 the other 14% of the time, then the expected value is $45*86% - $455*14% = -$25. This is seemingly a negative expected value trade. Now, the payout is not strictly binary and delta is not actually a measure of win probability, but can you expand on why this trade is actually long term profitable?
Watch tastytrade. They go over all the percentages and P/L ratios at different deltas, IV percentages, holding to expiration vs managing at 21 DTE.
The short answer is that the you have to manage the position (roll it out, close it early for a profit, etc.).
You are correct. It doesn't have a good expected value. Selling a simple put on a stock normally has a better EV than a credit spread.
To make it work don’t ever take a max loss. If you close the position when it crosses your lower strike the losses are way less.
@adamklandis There are often times when you cannot close the position. Personally, this is one of the reasons why I stopped trading credit spreads.
I'm consistently making 40%-65% plus a month using Henry's strategies. Opening a PCS/CCS for a credit of say $10/Loss $90 and sitting on your thumbs thinking your helpless as your position creeps past a $25 loss is the only way you lose money. If you can't close your position then either your broker sucks or you missed the big part of this video (and many of his other videos) about liquidly.
What a great video. You mentioned this strategy would be perfect for a small account. What if you had $1M and you wanted to make steady income. What strategy would you use? Thank you!
You could still do credit spreads just more contracts. Low cost low reward but high chance of profit. Bigger account, more profit
No one can take care of you money like you can! 💯
What platform are you using?
Thank you, Henry!!! 👍
I don't see your discord channel in the description ??
First link training and appointment only
Witch application website is this ?
I've not had good luck with SPY, 2 Thursdays back I had to upper SP of my PCS (438) get assigned at 5 am. SPY continued down to 432 and change that next day Friday and was assigned. Lost 432 dollars. 😮💨
The math in this video is a guaranteed way to lose your entire portfolio. The risk reward ratio is far worse than a casino. 15% of the time you will lose more than you gained the other 85%. It's simply NOT worth it.
what delta you sold upper strike
Why not just sell the put option at 410 and forget about the buy option at 405? I didn't hear an explanation as to why you *buy* the put option. Is it to create a safety net in case the etf goes below 405?
If you do that you'd be selling a Cash-Secured Put and would need the full $40k+ as collateral in order to enter the trade. If you don't have that amount available in your account that is what is referred to as selling a "naked put".
When you buy the put option, you have effective control over 100 shares, which allows you to sell the Put option without needing to have the full $40k collateral.
In effect, its just as you said, the options counteract each other with the result being a small credit to your account. The only collateral you need is the width of the spread x100. In this instance since the spread is $5 so you would need $500 collateral to enter the position.
Also, because of the opposing Puts, it defines the amount of loss you can take. The max loss would be the spread amount minus the premium you received.
If you just buy the 405, it wouldn't be a spread, just a cash secured put. The thing that is nice about spreads is that it hedges you against the trade going bad
Love this video! 👍🏻 Question: How does the wash rule apply to options and assignments as I’m sure as you average lower there will be times assignments are higher within the 30-day period. Do you move to alternative stocks during that period? Thanks!
Oct 27 2023, SPY was lowest at $409.21 high at $413.95
Ya this video did not age well. But somehow there’s still an 86% chance of profit? Make it make sense
Happy Birthday
if your bias is that the index will go up why not just selling puts and eventually rolling them?
Spreads do not require as much capital
Naked puts are really expensive to open positions of
Very helpful video ❤👍
Volume is in the 1000s. Is it thousand or million?
im no expert but math is not mathing
Here is an example:
CAPITAL 30000000
RPT% 1.00%
AVG.LOSS 300000
ARR 0.1
AVG.GAIN 30000
NO. OF TRADES 12
WIN RATE % 90
WINNING TRADES 10.8
PROFIT IN WINNING TRADES 324000
LOSING TRADES 1.2
LOSS IN LOSING TRADES 360000
RETURN -36000
RETURN % -0.12
Didn't the thumb nail for this video state "100% WIN RATE"???
Henry.... I was so looking to join you but the person I was given to was a AS.Hol. to me.... He would not talk to me like that to my face!!! He had the nerve to tell me I am not a retired soldier because I don't have 6,000 to give you to learn all this.....I am already profitable day trader, I just want to up my game....BUT I will not be disrespected like that by a kid, a millennial but I realize it's not you BUT it is your People.... Thanks for your time I guess
Sir, everything you need to know is on the internet for free. You just have to look. $6000 sounds absurd.
Thank you for your service
I’m honestly surprised that someone with as much experience as he claims to have would suggest this strategy. Yes, you are going to have a high win rate… but when you lose (and you absolutely will lose from time to time), your losses take out months of gains. Imagine doing this at the start of a major correction and you lose 2 trades in a row. Now you’ve lost over a year’s worth of gains.
When doing spreads, you’ve gotta collect at least 1/4 to 1/3 the width of the spread to make it worthwhile.
Learn about rolling your position. You don't have to lose money, you can move your win out to a later date and make money setting up the roll.
Can someone break it down for me, how is this a positive EV trade?
>risk $455 : gain $45
>needs to win 10x more than u lose in order to be profitable
>delta says you only win 86% of the time
>means you win 6 time you lose once.
This is a negative EV trade my dudes. Do it over the long run consistently without any rule and you'll lose money.
You are using 500 as collateral 45 is actual credit. If stocks/ETF goes up, its the $45 your to keep and release the collateral by expiration date.
Discord link?
@_DCA_Crypto sure spammer scammer, why wouldn’t I do that? LOL
Another great video
Why not discuss trade management,adjustments etc......???
I'm trying to avoid new buys now in order not to get sucked into a bear trap. On the other hand, I’d love to know best possible areas and ways to invest amid downtrend, my goal is to retire comfortably at a ballpark of $1.2M
Good luck! comfortable retirement all comes down to how you want to live your life, if you pinpoint a particular amount to retire with, then it's only right to plan with a well-qualified advisor
I agree, the role of advisors can only be overlooked, but not denied. I remember few summers back, just after my awful divorce, I was in dire need of investing guidance to keep my head above water and thankfully, I came across someone of grit, helped a lot to grow back my reserve notwithstanding inflation, from $350k to nearly 7figure as of today.
massive gains! been caught up with emotional investing lately and cant afford any more mistakes, could you please share more info on your invt-adviser? i'm an absolute newb
For sure My advisor is Camille Anne Hector, she's well qualified,Her strategy is top notch and with her strategy i've been able to achieve great gains from the market the internet is where to find her basic info.
No way this is real I had come across a section were this Mrs Camille Anne Hector was highly talked about at this point I’ll just look her up myself cause it would be crazy if I’m missing out on a great opportunity
$45 max in a month? WTH...
Lmao I made almost $1500 in a week doing spreads on the NASDAQ.
$45 with $455 in collateral that's why he said 10% a month. You could do this x100 and make $4500 on $45k THIS IS NOT FINANCIAL ADVICE just explaining.
All I have been doing lately is call credit spreads. Seem to be working perfectly and the PCS are riskier. Maybe I should adjust. My target exit is anywhere between 50-70% of profit and then I’m out.
❤
You are really bad at math lol, what’s the point in making 10% on an 86% chance to win, that’s worse odds than playing roulette at a casino. If you did the credit spread in your example 100x you would make $3,870 but lose $6,370, if you trust the delta win rates (which it’s not anyway but that’s how you always seem to use delta, but the delta changes all the time and month to month so you can’t base a yearly strategy off it)
This video did not age well. By expiration it would have hit $410-415😅
Was going to just write it down without putting money on the line for the options... would have gotten 6 percent off of 100 dollar spreads. Or there was also 50 percent off of 100 dollar collateral. That was for a month tho or 6 percent for spy for a week.
I never see him execute the trades.
He probably doesn't use what he shows on video. This particular trade did not age well. SPY is down to 425, if you opened it you would be in the red.
Watch his videos, use the pause button. His trades are all there
To much talking...just get to the point and reduce the gloating
Market only goes up? And that's why SPY went from 450 to 420 in a month when sell call credit spread would have been more profitable 🤣
Henry you really need to script your videos better and think about what you want to talk about and whether it makes sense rather than rambling on its really painful to listen sometimes!
love your vids very helpful..do you have a discord to follow?