How to Buy Tesla Stock and other stocks Cheaper?
ฝัง
- เผยแพร่เมื่อ 15 ม.ค. 2020
- How I cramp few hours worth of education into 18 mins, it's crazy but I hope you learn something amazing. It's my longest yet shortest video. My longest youtube video, but shortest education video.
I'll teach you how I purchase shares cheaper than the current market value and how I beat most investors. With knowledge, you gain the unfair advantage.
![Mirrr x BUS5 - กี่เหตุผล (1000REASONS) [Live Session]](http://i.ytimg.com/vi/6Ta00hFr2qU/mqdefault.jpg)
After watching your video, I realize how much I don't know... but I appreciate the straight talk and will continue to plow forward.
I been trying to understand options and was confused. This is the best explanation I have seem. I got the puts and still lost with Calls. Thank you it was done brilliantly.
I want to personally thank you for your time, insight and wisdom. May God continue to prosper all you do.Thanks for sharing!
@Wolf How?
@@zuhaiyr uh you here in August?!
@@no1no1655 Yeah, you've got something to tell me?
Lol... Aww u mad bro?
Thank you! I wanted to learn how to do a sell put. Now I have a little more understanding. Keep up the good work you're doing!
I actually learned something watching this video! It was a little difficult to watch, but you taught me the mechanics of selling a put. Good Job, Thumbs Up and Subscribe!
Feeling sleepy, 4:00 am. But will definitely wake up in the morning and learn through this valuable lesson. Thank u boss..u Rock..!!!
Man, how come I just found you right now.
I wish, I could have known your channel a long time ago. Thank you for what you do!
I still remember this video! OMG! I've been following for a year now! Time flies! Thanks for the insights you shared CGS! Keep it up!
Ken, since April 2020, not only helped me increase my wealth through SQ and TSLA (this despite my close friend being a Elon hater and short seller), but you helped me understand investing to a greater extent. I'm much more active in investing overall, I've consolidated my portfolio, I understand my investments (instead of just taking stock tips), it's much more fun and I have a feeling of greater control. I appreciate you, your time and the knowledge you share. Thank you!
This is how I got 100 shares @ 212.50 in mid-May :-) ;-). Best option assignment ever
Thank you for the knowledge, appreciate it.
It’s nice to have someone that’s honest and trustworthy. Thank you again, keep up the videos
I appreciate that!
I had been facing issue to understand option. your explanation is damn good.
Bro this was one of the first videos of yours I watched..your conviction since the beginning led to me really dive deep and form my own convictions on companies. Your teachings helped me push myself to learn more about the market & how to profit from it., you a real one for putting yourself out there on TH-cam. It is not easy, but in doing so you helped me and a lot of other people. Keep your mental health good & at the forefront. Cheers 🍻 brother. F**k the stupid social media drama, pay it no mind now. Take care of yourself man. TH-cam will always be here if you ever want to come back & share your new passions with the world. Chicken gang ✌🏾 👌🏾
Thank you for explaining the what we would need to do if the price at expiration was above or below the strike price. I was a bit confused about that part but you clarified it quite well. This is only the second video of yours that I have watched and I've learned so much and am inspired. Subscribed.
Love this video, I followed you for a long time and decided to look at your initial videos of how you became so successful. Im thinking of using this startegy to apply to PLTR!
Grateful for your videos on sharing your life experiences, knowledge and outlook on stock market.
Thanks for the video!! Always enjoy your analysis and sharing. In this case, I guess the worst case would be - TSLA stock never dropped back to strike price. One may gain more from holding shares that have gone hyperbolic instead :P
Thank you, CGS. I've been watching Tesla closely as well as watching your videos. This leap strategy seems like the real deal.
Love this strategy.
Thank you for teaching us.
Any time
Great Video this is basically selling cash secured puts. Great strategy keep up the good educational videos.
I saw this video when it was released. I did not get it completely, now I did. Amazing video, thanks A LOT, Ken.
Hi, thanks for your generous sharing! In terms of risk & we refer specifically to TSLA stock, does buying call comes with lower risk compared to selling put? Except that buying call requires trader to pay premium , in contrast to selling put in which the trader receives premium?
Thank you very much ! I am new trader, (only on Tesla at the moment)now I know how options work !?!
Great teaching, I m looking for this type of passive income. Wanted to have more knowledge on using this strategy . Can u suggest me where to learn or book to read in order to master this strategy . Thanking you in advance .
Hello, that video is game changer! So you keep the shears and now your shears worth 10x more and you resave 8500$. That’s amazing 🤩
Thank you for this, now I understand what's Sell Put (ATM). Keep on doing what you do mate!
Thanks so much.... Always always good content. Can you give some recommendation on resources to learn Options? Thanks 😊
Exactly the video i needed to see at this point in my investment/growth cycle. Sell puts. Thanks Chicken Genius!!
👍👍👍Excellent video EXCELLENT. I read all this years ago. And never applied it. Now I’m investing in the market and just stayed away from this strategy I had planned to use for good stocks I wanted. Bec I forgot ENTIRELY. And you reminded me in the best way. Thanks THANKS. general chicken !! ( chicken is my favorite protien !!)
Hi Ken. Very well put together explanation. Even better than some of those explained at courses. Do you still teach as of now. Great chance to learn.
Redirected here from your latest video! I like this strategy but it's hard to do this when tesla is $1500; this strategy will be more doable after the stock split though. While tesla was at $1500, I was selling way out of the money naked puts and getting free premium (usually sold strike 1000 or strike 1100). Basically i got paid $100 a day for free for many months.
I missed this video n only watched it now. Thanks for the great strategy. Would you share more on options buying n it’s strategy.... want to make more $ to buy TSLA. thanks a lot!
I think I am begining to understand. I am going to listen to this 5 or 10 times more. Tha ks
Good I found your channel lot's to learn here - keep doing great work brother - I wish you good health and prosperity 🙏 and a happy newyear
Hi Ken, I'm grateful for your teaching. This strategy will work for stocks that we feel bullish about in a year and that is a lot of stocks I can think of... Wonder if you have another strategy to narrow down the choices? Also, what platform are you using for options trading? Thank you!
Thank you for breaking down such a complicated process to be easily understood....
CG The alternative is buying the $600 LEAPs as suggested in this idea if as you suppose that the stock will get to that price and beyond.
Indications are that this stock will more than tripple say by 2022 and this would be a cheaper approach since the $48,000 could be used to acquire a huge sum of shares.!
Oh no I miss out on this video! May I know what's the typical DTE you go for when selling PUT? What's the rationale behind? Thanks Ken!
This video is some sick quality content. I rly appreciate your effort!
yeah bro, go sell that naked 480 put jan 2021 expiration. Lmk how you're doing in 7-14 days from now
Dude you rock! Kind regards from Düsseldorf. Folling you since month now 🙏🏼🌖☄️
Best financial tips EVER!!!!! This can make many financially free for sure!!
Always love your video. I trade tesla stock and make a good income. I also have all my family invested in tesla.
Congratulations. First time i see such an added value in a video
Thanks a ton
Wow thanks for making this video, highly valuable.
Hi Ken, Im trying to understand your recent video and I am here as you taught us. Thanks!
Hi - great video. I have a question about this one. ---- Isn't the worst case scenario here too optimistic? The buyer will execute the stock option when it crashes, and then at least momentarily we would have a high loss? True that we could hold until the stock comes up again... Also, if the price would go above the agreed price then the buyer would not exercise to bbuy - we would just own the premium - correct?
Thanks for all your videos! Can you make more videos about options contracts when you have time? I’d pay to listen to your lessons!
Finally, someone said it! If you have a very strong term belief in the growth of Tesla, then you should sell Tesla puts.
How do you go about combining this with stock purchases? And do you sell covered calls?
i just learned from selling put option from your video. Since the telsa share is high (720)now. Is it possible to sell a put at 500 at expiry date one year from today ?
Awesome video!! Great info...greetings from California brother
great video, thank you.
Looks like this strategy does not make any sense to trade covered puts. My account doesn't allow me to trade any uncovered( naked) puts. Do you have any thoughts?
Thank you 😊 will research on it.
Thank you Ken! Miss you a lot and pray you come back to us on TH-cam 🙏🏽
Great video. Sorry, what's the options platform you are using?
Hi. Great channel. I'm learning and have a question, I don't have 48k but have TSLA stock. Can I use the stocks I currently have to sell ATM puts or would I have to sell the stock and then make the play?
Concerning the break even @ 395, if the underlying is below 395 at expiry, are you assigned? Or is the stock assigned if the underlying is below your strike?
OMG, thank you so much! Finally understand how option works! =)
This is the best advice ever. Thank you.
Glad it was helpful!
Loved your videos ! Thanks for doing them ! Just discover only ! Can we trade the options? I will assume we can . If we really do trade it , the premium we received , have to return back . Haha ?
Hi Ken, can I ask you what’s the difference between buying calls and selling puts? Thanks so much!
thanks for all your videos and effort...been following..new to this...the dollar amounts are $US..??
Thanks also for this great lesson Ken!!🔝
Enjoy your deserved freedom 🙌
Thank you so much for sharing and yes i have been going through your videos and buying TSLA .. profit abit on my 10 TSLA stocks! I want to thank you for this!
I am in a dilemma now if i should sell1 option contract as shared in this video or i should just get 100 shares of TSLA. I know this is an old video, not sure if you will see this comment... if this is your money, would you add 100 shares of TSLA or would you sell 1 option contract Sept 2021 2150 strike for $70,000 premium? I have been thinking on the pro and cons, for e.g. if stock price goes up to 5000 , then this contract will expire worthless and i get to pocket the premium (that's the max), but i don't get to hold the stock. What would you do if this is your money :)
Wow, makes sense! Thank you sir!
Can you exercise an option at a much later date when the price goes back up and above the strike price?
How do you set up automatic DCA for TSLA? Most brokerages offer DCA for mutual funds only. Will not be able to do fixed monthly amounts because may wind up with fractional shares which would not work. Also, is it a good idea to do DCA with an Roth IRA?
Love your channel! What I don't understand is, if the stock goes up, don't you lose out on the value you would have gained if you just have the money, and not the stock?
Yes that’s what I thought too. I don’t get it. Please explain.
Correct. Selling the put has limited profit potential, while being long the stock has unlimited upside. If a stock rises very significantly, you'd be much better off owning it than selling the put. There are tradeoffs and there's no perfect position.
Thanks for this! So whenever you want to make a long term investment in a stock, do you always use this method? i.e. match your desired notional to the maximum liability on the put option.
the best investor on youtube
Hi Ken, I’m re visiting your videos. Just to check if you hold classes on options ? I’m from singapore , wondering if I can join..
Hi CGS korkor, ty for all your videos. So if I sell a 1 year put, I still can get assigned before 1 year as long as the price of the stock goes below the strike price right? And if that happens I just have to sell the stocks and sell put at the same strike price? Thanks 😄
Hi Ken, can you please make some videos about how to trade options for beginner. From open the trade till close the option. Imma quite confuse when some other says need to close before few weeks before expiry and some says just let’s the contract expire. Tia
good explanation bro. Keep up the good work!
🙏🏻 thank you
thank you very much for your educational video!!!
This is my favorite CG$ video. :-)
Would you recommend the same strategy for JD stock?
Could you please do a part 2 and share how and when to exercise the option? Thank you!
in this case you'll be assigned automatically if the price goes down below 480-premium
awesome video
Hi, chicken Genius Singapore. Sorry I haven't run into one of your videos where you have mentioned your name yet =). If we initiate a sell put contract like in the example, we have to wait for a buyer first to get the $8500, or do we get the money immediately? Thank you.
So can you buy tesla options now? Have you done this. How do you do it? Does it depend on what people are willling to do, how do you find out which options are available? Thanks!
A stupud question from me - during the one year period of the option, can the buyer exercise it anytime within the period when the stock price drops below the strike price?
Thanks for your valuable advice
Do you need to maintain that $48k in the account to sell the put? Also which exchange do you recommend to do this?
Unbelievable insights into options trading. Thanks man.
Also, if the stock went up to 500, do you get 20x100shares + $2000? Another question is if the stock went up to before expiration do you get the money earlier, or you have to wait til the contract expire?
Hey Ken, new follower and obviously smashed that like/subscribe/bell buttons, but question for you - I still don't understand the Worst Case Scenario. I'm trying to figure out why the math only sets the worst case scenario as only 395 loss (is this the premium you've paid)? What happened if the stock drops say from 480 to 200 the next year, what happens then? I figure there would be much worse consequences for buying this type of option and if not, why don't more people do this!?
Can I use the cash set aside for selling puts? What happens if I use it to buy shares or if I withdraw the cash?
Thank you SO SO much for this video. Watching (and liking) this video on 23rd November 2021 and be like "woah!".
Hey chicken genius, I just bought a sell put option. Do I buy the option when the market is down or when the market is up? And how much do I pay if I already have the money in collateral?
Just saw this video and i have a noob question: In CG example, he said $48k is needed for non-leverage play and the put option expire in Jan 2021. Does it mean we need to ensure $48k is in the account for a year (after selling the option) or only need to ensure there is $48k on Jan 2021?
I know it sounds like a great strategy but wouldn't it be better to just buy and hold the stock if you think that it will increase significantly, anyways?
Because with this strategy you need to hold onto alot of cash that you cannot invest. If you do so, that is risky. There could always be a crash and then you are forced to buy but you don't have the money. To get it then, you then need to sell way too many shares.
I could see this work if you have a very stable income. Then you could use the money at the start to invest additionaly while you fill up the necessary money over time.
On the other hand: Why not just invest all the money you have now or in tranches in the stock that you have a so good feeling about that you would be willing to take an option on it? On top of that you can dollar cost avarage additional money towards the stock. That way you can use more of your money, you have higher returns once the stock goes up and it is saver to just have stocks that noone can take from. Let anything happen to your broker, your bank or your currency or maybe the government decides to take a percentage of yourfortune, which politicians debate about in the EU. There could happen something to the money. Then having a responsability like this would be a pain.
Also, if fundamentals change, you are still bound to the stock.
Even more important than the risk factor is the reward facor. This gives you like 20% for holding cash when you could just invest into a share that you think will perform even better. Sure, you could do both if you think you are absolutely sure, but one can never be and then you would be risking way too much.
It's the same reason why you don't leverage your stocks to increase your performance. Because, when a crisis comes, you will be among those that loose it all. Owning stocks is a much better long term startegy to get and stay rich.
That is also why you generally shouldn't try market timing to get an even better performance than your stock.
I needed to learn the last one the hard way. With the things above, you also try to get a better performance than the stock at the risk of getting a lower performance than the stock.
If the company behind the stock is great and all the things that you need to look out for are fulfilled, then the performance that the stock gives to you should be enough for you to easily get rich over time. Rushing it more than that, decreases the expected value of your future fortune and therefore you will statistly have a lower fortune doing so.
I agree. But this strategy could work great if your portfolio is over a million and your stocks pay dividends. You could use the dividends to sell puts in order to re-invest the dividends instead of a regular DRIP program.
Wow, this is perfect timing Ken. I am new to options and will have about $200K to manage conservatively. I was thinking of buying calls instead of selling puts, so this gives me something to think about. I also would be comfortable using half to just go long the stock, so again, your strategy may give me a way to achieve that as well. Let's say there was a pullback and I had cash to put to work; would that be a good time to sell a put on $TSLA when it is down? I know you can't give investment advice, but hypothetically, if a person had done their own research, blah blah blah. I appreciate your insights.
How’d it work out? Did you try selling puts?
Hi Ken, do you roll put options?
Hi, this video is great.
May i ask whats the difference between selling a put option & buy a call option?
Thank u!
Hi may i know which brokerage firm you may recommend which offer option trading in malaysia?
Good afternoon my friend! I appreciate your advice it is the best out there ! I love your content my chicken genius!
when are you doing an options course again?
Or are you sticking to teaching via online vids only
Thanks Chicken Genius.
This is a solid video. (I’m taking the long weekend to view all your videos from earliest, back to latest).
One greenhorn enquiry needs your education and help.
Thank You.
Does it mean that
The USD 48,000 (MUST be [ set aside/ reserve ] for the potential Real buying one year later?, if priced went below USD 480).
In short, this USD 48,000 cannot be utilised to buy any shares during this timeframe?
Thank you again 🙏🙏🙏
I'm new to watching CG videos. This was made a year ago. And the example does state you put the $48000 aside in cash in case it is needed to buy the shares one year from the date of the option. I am big on Tesla. So I was looking at this example as one where you decide not to invest the $48000 in Tesla, but enter into the option and get $8500. This was my mind set, not the purpose of the video. A year from then, you see the Tesla price up and the option expires and you are now free to do something else with the $48000. You did make $8500 on letting your $48000 sit for a year. That is about 18%. Not bad at all. But.... and here is the downside to the example. If you see the example as an either or thing (like I did). Either I invest in Tesla OR invest in the option. The choice to invest in Tesla last year. You buy 100 shares at $480. In the following year, the stock splits 5:1. So you have 500 shares now. And the share price is about $850. That means you are holding $425,000 worth of Tesla. Your $48000 investment just made $377,000. BUT.. This was not the intent of the video. This video was made to inform about Options. This video shows you how you can make an easy 18% on your money because Tesla is a sure thing to go up over a year period.