@@elkompakikko I am using robinhood. I bought a 30 contract put option for Ford that Wednesday and also a 5 contract put for ares capital. Literally 20 minutes after market open on Friday I was in the money on both. I have since lost about $260 this week. Still learning
Literally, on 6/09/23 Friday, I put $100 into an account to practice options. I bought an OTM for $44. It had a 6/23 expiration date. It immediately went up $11, but I left it for the weekend. By Tuesday,, I had $175, and by EOD the next Friday, 06/16, I had $362. I only bought calls and had a position 1-2 times a day. Now, I will practice a new strategy, but the first week taught me a lot.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
Could you do a video for broke people but with option 2 trading. Im personally stuck at option 2 trading for another year, been watching alot of your videos and i love how slow you are explaining everything ez for me to keep track!
Your PLTR example shows you setting up a put credit spread by selling the $8 strike at 34 cents and buying the $7 for 13 cents. The header on that column is "ask price". So you are showing selling the $8 at an ask price of 34 cents. You won't be able to sell that for 34 cents obviously. All other brokers platforms display the bid x ask pricing columns. You will have to sell the $8 option for close to the bid price which Robinhood does not display. You can not get the 21 cents for that spread in the example and you can not make that 30% return in a month as you are stating.
Just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, l'm really just confused at this point.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
I read on CNBC about someone who is netting $20k a month himself from just his tradings in the market, which is from capital he had amassed long ago. That is incredible. How do people do that?
Thank you Henry. (For some of us, please don’t skip any ads, I am guilty especially with the ads that of no interests to me because I have ADHD. Struggle is real, don’t know how I earned a degree.)
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
You don’t need an advisor. They’ll rob you blind. Educate yourself on the matter. It’s not that hard. Then you will see that an advisor is truly not a wise decision.
I restarted my financial journey in my 40s, yes it takes consistent focused effort. and it's will yield results both financially and emotionally as the process grows.
If you did this strategy consistently every month with a 70% chance of winning and a 30% return, wouldn't that eventually average out to 0? If you lose 3 times out of 10, you've given all your profits back for the 7 times you won. 78x3=234 22x7=154. How does the math on this work out? I think the only way to win is to close out your position as you approach the break even every time. Am I correct in thinking this is how you play this game? Edit: I should have continued to watch your "scenarios" section where you talk about closing/rolling the position as it approaches breakeven. Really enjoying your videos.
Great info but no one with a small account will have level 3 options on Robinhood which is required to do spreads. Can you show how to do this with a level 2 options?
@@adamswope9721 they just ask if you understand how spreads work like credit and debit spreads. They will also ask how long you've been trading options.
Hey, I was going to comment the same thing as the other guy. Try to activate it, it will probably get denied, and then set up a phone call meeting with them. I'll be 100% honest, if they don't give it you after the meeting then its probably for your best interest. Take time to relearn and try again within the next month. "Investing with Henry" and "in the money" TH-cam channels taught me everything I needed to know to get to level 3. Good luck friend!
I think because it's a cheap stock, 1 contract is always 100 shares value that it works cheaply with the underlying asset, Palantir, trading at 8 to 10 bucks a share, your cost and profits are on a smaller scale than say, SPY, at $50 a share. Otherwise, it's a put credit spread like any other. So you just yo 1 contract in its a smaller, "cheaper" or "cheapest" option trade. He doesn't really come out and tell you this important fact at the crux of the whole point of the video. Weird they do this.
If you sell, put. you don't really lose money, right? You just have to buy the 100 shares at the price you picked? So then you could sell, call at a higher price than you bought the shares? As long as you have either the money to buy 100 shares or 100 shares to sell. Is that how it works?
When you sell the put as part of the spread say on Robinhood, wont they require that you have enough cash in your account to buy the stocks if the pur is exercised?
I tried this strategy on a day trade (I know you advised against this). I bought options that would guarantee a return no matter what. I made $100 in one day. Thank you! Thank you! Thank you! I am using only this strategy from now on.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
I understand selling the put - but I dont understand the logic behind buying the put to offset the loss.. What does that mean? how does that lower the overall risk for $700 to $78. I need a full logical explanation please.
This is a great video, I learn alot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies. Thanks to Louise O'Brien for improving my portfolio. keep up with the good videos
I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
@@DigitalDezinesCEO I’m pretty sure the reason that Robinhood changed it is because of that kid that committed suicide because he didn’t realize what had happened and he thought he was like $700k in the hole when in reality it was just his spread settling after assignment. So they make it harder to do that, but they could have just made their interface work better in that situation instead of putting up a wall to everyone who is trying to grow a small account.
You can still do each transaction separately. I would have kept the long position and rolled or closed the short. The old saying the trend is your friend.
What happened to the Tesla video comments section? The video made approx 6 days ago; Tesla has blown up with respect to your view for its short term move, how much did your account lose Henry? Did you consider making a follow-up video to share adjustments for viewers to assist them from losing tons? You still have 2 hours
Henry, Should I roll or leave it? I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price $480. Huge loss. Does it make sense to roll, Just don't know what to do?
I'm also at RH Level 2, and they're deliberately vague about the requirements to move up. The only advice I can give is to make a few trades on a cheaper stock (I've heard around 10) and then try to upgrade. Barring that, try updating your investor profile. Indicating that you have more income, assets, or risk tolerance may help, as long as you don't lie.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
I like long term dedit spreads as well, you can hedge a lot of the risk of buying single leg long options. I've had success so far buying in the money, with at least 6 months, and diversifying into a few different stocks. I like to take longer term positions so theta doesn't eat me alive if the market takes its sweet time making a move, and when you open a spread, your short leg counteracts a lot of the time decay from your long leg anyway. It reduces the cost basis as well so can can diversify into more assets instead of having your whole account in one call option
This video deserves many accolades and life goes on. I was chatting with a lady a month ago and she was complaining to me how terrible her trading has been because instead of trading as an investor she was investing as a gambler. Trading online, whether its stocks, binary options, crypto-currency or forex requires accurate precision and analysing of the market and how a commodity works before trading. I also remembered telling her that trading and succeeding in any type of the above mentioned online investment scheme is all about strategy, signals, Witt and guts, a reliable and trust worthy broker like BettyJoSteininger. She handles my trade and releases profits when due. Her technique is mind-blowing.
would like to see more trades with this strategy, also would like to see many more ways to close options if I made a mistake starting out selling put or buy call or buying put. I started off doing the opposite before starting with your program and I'm still stuck trying to get out of it bc Robinhood has placed a warning on me as a pattern day trader bc my portfolio is below the recommended $20,000 day trade
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
ok i thought this video would help me and there is so much i just dont understand. I know nothing about puts and options. Do you have an idiots guide to puts and options by chance ?
Do you have any tips on how to manage an index option iron condor? Im holding one that expires this Friday and the call side is going to be itm. I took on more risk than I should of. I have a couple of ideas on what to do but any advice would be great.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
I’ve been day trading volatile stocks. I have like 265 bucks in the account. Started with 285. I should have close to 400 but I held too long on 3 trades.
I make a living trading I have tried this $50 dollar challenge, it’s very difficult, I got it up to $100, then down to $18, and now I’m back at $128. 😂 I’m done with that it wasted my time. It was fun for a day😂😂😂😂
One thing I don't like about the videos I've seen so far is that you don't really talk about how many shares you need to do the option. For instance one video talked about making money with under 1000 dollars, but then you show doing it with Tesla stock, but you need at least 100 shares of it for 1 option and that's over $20,000 dollars you actually needed to do 1 option and the viewer does not see that because you had plenty of the stock already, so it looks like you can make lots of money with very little.
that’s not how it works, while the contracts are 100 shares, the shares aren’t worth what the actual stock share is worth. you can buy tsla options for under 100 dollars depending on strike price and implied volatility.
Thanks, Henry, just what I needed. I liked the video. We need more of these types of videos. Anything from 20 to 125 cost .I think it would be ideal.some of us are not from the USA, so robinhood is out of the question .a video on which other broker/ software is best would be good. Seen people use moomoo and webull. Keep up the good work it is appreciated
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
the only problem with this for me is that I can only choose one option because i dont have option trading level 3 unlocked yet. so even if i do the cheapest options i can find that are somewhat safe it still is hard for me to commit 150$ because i just moved out of my parents place and started living on my own. so its very risky for me
The problem is that broke person will not qualify for level 3 RH spread trading ! You must have well established RH margin acc. and be approved for level 3 trading ! He doesn't mention this in the video !
Henry I was watching Ben ( yield collector ) and he was talking about a discord you are in on one of his recent videos and I can not find a link to it . Could you post a link to it
I must not be doing something right, I’m testing this theory with Webull paper trading and I put 221 into the account. I can’t sell a put if the cost to buy the stock is say 800.. am I doing it right?
Just started trading options last Monday. I put in $425 worth and turned it into $1400. I am still wrapping my mind around it
Great
Nice!
What platform are you using?
@@elkompakikko I am using robinhood. I bought a 30 contract put option for Ford that Wednesday and also a 5 contract put for ares capital. Literally 20 minutes after market open on Friday I was in the money on both. I have since lost about $260 this week. Still learning
Are you lvl3 on Robin Hood? If so, how did you get there?
Literally, on 6/09/23 Friday, I put $100 into an account to practice options. I bought an OTM for $44. It had a 6/23 expiration date. It immediately went up $11, but I left it for the weekend. By Tuesday,, I had $175, and by EOD the next Friday, 06/16, I had $362. I only bought calls and had a position 1-2 times a day. Now, I will practice a new strategy, but the first week taught me a lot.
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
what are you practing opinions on? what app or website?
i would also like to know what you are practicing on
i would like to know what platform...my software charges me $10 for each trade. this almost doubles my cost of a single contract option grrrr
@@shawnahtila8934use Robinhood. No fees
Executed 2 PCS on SPY today per your video! Up 66% already. I’ll close early tomorrow if SPY is higher or flat. Clear explanation
Could you do a video for broke people but with option 2 trading. Im personally stuck at option 2 trading for another year, been watching alot of your videos and i love how slow you are explaining everything ez for me to keep track!
Can we please get more of these broke people videos?
😂😂😂🎉💯
😂😂😂 yes yes yes! please show us so we can grow like the masters and build wealth for our families 👑👏🤙💪⚡
Lol bro lol
Lol
😂😂 so true😂😂
Your PLTR example shows you setting up a put credit spread by selling the $8 strike at 34 cents and buying the $7 for 13 cents. The header on that column is "ask price". So you are showing selling the $8 at an ask price of 34 cents. You won't be able to sell that for 34 cents obviously. All other brokers platforms display the bid x ask pricing columns. You will have to sell the $8 option for close to the bid price which Robinhood does not display. You can not get the 21 cents for that spread in the example and you can not make that 30% return in a month as you are stating.
Hit 110k last week, lost over 14k today
Just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, l'm really just confused at this point.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
Heard someone mention a couple making around $120,000 during the recent Bitcoin pump. How're they doing it?
I read on CNBC about someone who is netting $20k a month himself from just his tradings in the market, which is from capital he had amassed long ago. That is incredible. How do people do that?
You need a pro that is good at navigating the market. Someone like Angela Reinhard
7:06 $50 makes you $1000. (Fine print: there's a chance you may owe $8600)
Like the video, and I suppose this isn't risly for Vegas
Thank you Henry.
(For some of us, please don’t skip any ads, I am guilty especially with the ads that of no interests to me because I have ADHD. Struggle is real, don’t know how I earned a degree.)
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@RyanGabriel9 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@RyanGabriel9 I will give this a look, thanks a bunch for sharing.
You don’t need an advisor. They’ll rob you blind. Educate yourself on the matter. It’s not that hard. Then you will see that an advisor is truly not a wise decision.
I restarted my financial journey in my 40s, yes it takes consistent focused effort. and it's will yield results both financially and emotionally as the process grows.
Im on the same journey, but with a child! Single mom blues! @@sophisticatedmorons
Cash collateral: 3500
This isn’t trading with 50. It’s trading with margin. The only way to make money with 50 in this scenario is to have 3500.
How do you click both the sell and the buy put at the same time to make them together
I was just starting to understand options trading when I start stumbling on spread trading. This video turned my brain to mush.
thank you for sharing this strategy Henry! God bless you!
But when you enter a buy for $8 and then a sell for 7$ to pay little for your order you would still have to pay for the $700 minimum I believe?
If you did this strategy consistently every month with a 70% chance of winning and a 30% return, wouldn't that eventually average out to 0? If you lose 3 times out of 10, you've given all your profits back for the 7 times you won. 78x3=234 22x7=154. How does the math on this work out? I think the only way to win is to close out your position as you approach the break even every time. Am I correct in thinking this is how you play this game? Edit: I should have continued to watch your "scenarios" section where you talk about closing/rolling the position as it approaches breakeven. Really enjoying your videos.
you have to be good at technical analysis.
Great info but no one with a small account will have level 3 options on Robinhood which is required to do spreads. Can you show how to do this with a level 2 options?
I was able to get level 3 with a small account. You just need to talk with them on the phone
@@uglyducklingfinance2023 hmmm...ok, I will give that a shot. What do they talk to you about?
@@adamswope9721 they just ask if you understand how spreads work like credit and debit spreads. They will also ask how long you've been trading options.
I have level 3.. started with 100 bucks lol
Hey, I was going to comment the same thing as the other guy. Try to activate it, it will probably get denied, and then set up a phone call meeting with them.
I'll be 100% honest, if they don't give it you after the meeting then its probably for your best interest. Take time to relearn and try again within the next month. "Investing with Henry" and "in the money" TH-cam channels taught me everything I needed to know to get to level 3.
Good luck friend!
I’m just a little confused on this strategy. How is it Just not a credit spread? What makes this any different. Is it just a cheap stock?
You're right, it's just a credit spread. I think he called it poor man's spread because it's cheap to enter
I think because it's a cheap stock, 1 contract is always 100 shares value that it works cheaply with the underlying asset, Palantir, trading at 8 to 10 bucks a share, your cost and profits are on a smaller scale than say, SPY, at $50 a share. Otherwise, it's a put credit spread like any other. So you just yo 1 contract in its a smaller, "cheaper" or "cheapest" option trade. He doesn't really come out and tell you this important fact at the crux of the whole point of the video. Weird they do this.
If you sell, put. you don't really lose money, right? You just have to buy the 100 shares at the price you picked? So then you could sell, call at a higher price than you bought the shares? As long as you have either the money to buy 100 shares or 100 shares to sell. Is that how it works?
omg pltr at 8 dollars😮🤤
Lol dude for real
This guy is so fucking rich
When you sell the put as part of the spread say on Robinhood, wont they require that you have enough cash in your account to buy the stocks if the pur is exercised?
Henry is it possible to use ur option and set the TP?
I do not have level 3 options yet. Is is possible to sell the put option in a separate transaction?
That’s what he doesn’t say. To have option 3 most of platform will require you experience on the market.
I tried this strategy on a day trade (I know you advised against this). I bought options that would guarantee a return no matter what. I made $100 in one day. Thank you! Thank you! Thank you! I am using only this strategy from now on.
Hey! Anymore progress since then using this strategy?
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
How is this a new strategy? It looks like a good ole put credit spread
New to him
Just came across this video, don’t you have to already own 100 shares of the stock to sell the put?,sorry stupid question
thank you Henry !
i'm new to this channel i have already learned a lot. These are concrete actionable advices!
So how do u close it ? Enter bid or ask price...how to close it?
I understand selling the put - but I dont understand the logic behind buying the put to offset the loss.. What does that mean? how does that lower the overall risk for $700 to $78. I need a full logical explanation please.
This is a great video, I learn alot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies. Thanks to Louise O'Brien for improving my portfolio. keep up with the good videos
wow.. amazing to see others who trade with Mrs Louise O'Brien, i'm currently on my 5th trade with her and my portfolio has grown tremendously..
I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
With the consistent weekly profits I'm getting investing with Mrs Louise, there's no doubt she is the most reliable in the market. such a genius
She's often interacts on Telegrams, using the user-name below.
@INVESTWITHTAMYLOUISE that is her username
How do you get to the discord channel?
First link
What are my broker options for canada ?
Can you do this with level 2 trading on Robinhood on a Cash account
Thanks for the video🤙🏻🤙🏻
Do you have a video on the type of robinhood account you need for this strategy? I could only do 1 option trade, it said you can only select 1 option
The problem for me is that I can't get Level 3 options so multi-leg strategies are off the table for me.
Same they dont let me upgrade wtf??
The same with me too! Im only on level 2. It doesnt make sense to make these only available to level 3.
@@DigitalDezinesCEO I’m pretty sure the reason that Robinhood changed it is because of that kid that committed suicide because he didn’t realize what had happened and he thought he was like $700k in the hole when in reality it was just his spread settling after assignment.
So they make it harder to do that, but they could have just made their interface work better in that situation instead of putting up a wall to everyone who is trying to grow a small account.
You can still do each transaction separately. I would have kept the long position and rolled or closed the short. The old saying the trend is your friend.
@@stevemiller5467 Thanks. I will try this.
Great content Henry!
How did you able to click sell and click buy, my account only let me click sell put, then when i click buy, it switch over
What happened to the Tesla video comments section? The video made approx 6 days ago; Tesla has blown up with respect to your view for its short term move, how much did your account lose Henry? Did you consider making a follow-up video to share adjustments for viewers to assist them from losing tons? You still have 2 hours
Henry,
Should I roll or leave it?
I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price $480. Huge loss. Does it make sense to roll, Just don't know what to do?
I’m only a level 2 trader on Robinhood so spreads aren’t available to me. What is another option for me until I’m able to get to level 3?
I'm also at RH Level 2, and they're deliberately vague about the requirements to move up. The only advice I can give is to make a few trades on a cheaper stock (I've heard around 10) and then try to upgrade. Barring that, try updating your investor profile. Indicating that you have more income, assets, or risk tolerance may help, as long as you don't lie.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
How do you close a put or option?
SJANEW 💯 is her user name VlA T E [ E G R AM
Can I ask, does Henry first have to hold 100 shares in PLTR before making this play?
No because its a put credit spread. You have to cover your Position with money.
I like long term dedit spreads as well, you can hedge a lot of the risk of buying single leg long options. I've had success so far buying in the money, with at least 6 months, and diversifying into a few different stocks. I like to take longer term positions so theta doesn't eat me alive if the market takes its sweet time making a move, and when you open a spread, your short leg counteracts a lot of the time decay from your long leg anyway. It reduces the cost basis as well so can can diversify into more assets instead of having your whole account in one call option
hey on ibkr it always requires margin like thousands of dollar even tho my max loss is like 200bucks, why is that do i need a margin account then?
This video deserves many accolades and life goes on. I was chatting with a lady a month ago and she was complaining to me how terrible her trading has been because instead of trading as an investor she was investing as a gambler. Trading online, whether its stocks, binary options, crypto-currency or forex requires accurate precision and analysing of the market and how a commodity works before trading. I also remembered telling her that trading and succeeding in any type of the above mentioned online investment scheme is all about strategy, signals, Witt and guts, a reliable and trust worthy broker like BettyJoSteininger. She handles my trade and releases profits when due. Her technique is mind-blowing.
She's one click away.
She lost for me and my friend maybe she gave my money to you?
SJANEW 💯 ✅is her user name VlA T E [ E G R AM✅
Go away, scammers.
would like to see more trades with this strategy, also would like to see many more ways to close options if I made a mistake starting out selling put or buy call or buying put. I started off doing the opposite before starting with your program and I'm still stuck trying to get out of it bc Robinhood has placed a warning on me as a pattern day trader bc my portfolio is below the recommended $20,000 day trade
Pattern?
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
Use a cash account because trades settle overnight and you can trade again the next day with the whole account
by the way what are you thinki about Options Rollings. thanks
What about the taxes we pay at the end of the year?
How do u select multiple options? I can only select 1 option at a time
What platform you trade on please?
This is robinhood
How do you close a position?
Pandrea finance has a video on this in Robinhood...other brokers are different... Robinhood spells it out and is user friendly
Loved it, thank you Henry. Very useful.
Does anyone know how he stacked the options? robinhood wont let me!
Upgrade your account
how do you close these positions
How is put credit spread “new”?
SJANEW 💯 is her user name VlA T E [ E G R AM✅
I wanted to see how to close a position !
What can i do if i cant upgrade to lvl 3 on robing hood yet?
I’ve learned a lot from Henry’s videos as well other resources and am ready but Robinhood still won’t allow me to options trade….
Just curious can this be done with multiple contracts?
Yeah I'm also interested to know
you have been the best for strategy and explanation thanks
Nobody tells that you can only do spreads when reaching level 3…. And ti get to level 3 you need to do some options before…
ok i thought this video would help me and there is so much i just dont understand. I know nothing about puts and options. Do you have an idiots guide to puts and options by chance ?
Do you have any tips on how to manage an index option iron condor? Im holding one that expires this Friday and the call side is going to be itm. I took on more risk than I should of. I have a couple of ideas on what to do but any advice would be great.
Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.
Worst case scenario I get assigned and have to buy the shares at the strike price right?
correct
I’ve been day trading volatile stocks. I have like 265 bucks in the account. Started with 285. I should have close to 400 but I held too long on 3 trades.
Brilliant presentation!
Love the video, please continue to make small port videos and strategy’s!
Can this strategy be copied with a level 2 trading account?
I make a living trading I have tried this $50 dollar challenge, it’s very difficult, I got it up to $100, then down to $18, and now I’m back at $128. 😂 I’m done with that it wasted my time. It was fun for a day😂😂😂😂
What's the easiest platform?
Did you close your position in PLTR and roll it, or did you close it all together?
Don't get scammed by this guy Jake that's not really Henry, I'm sure you know I'm just looking out for a fellow trader
If profitable do you let these close at expiration or once its at max profit do you close it manually?
wht website is this on?
What happened. Pltr is 10x prives in this vid.
Definitely not broke but starting small so I can get practice and build.
Light mode burns my retinas please use dark mode henry. Thanks for the video :)
hi, how to join to your discord?
Where's the link to the discord? Thanks in advance
calendly.com/invest-with-henry/option-income-academy
but I was looking for the 10x or bust strategy 😢
question,, we (the poor traders) have only 3 attempts per week on most platforms, does this count 1 or 3 attempts?
One thing I don't like about the videos I've seen so far is that you don't really talk about how many shares you need to do the option. For instance one video talked about making money with under 1000 dollars, but then you show doing it with Tesla stock, but you need at least 100 shares of it for 1 option and that's over $20,000 dollars you actually needed to do 1 option and the viewer does not see that because you had plenty of the stock already, so it looks like you can make lots of money with very little.
that’s not how it works, while the contracts are 100 shares, the shares aren’t worth what the actual stock share is worth. you can buy tsla options for under 100 dollars depending on strike price and implied volatility.
Thanks, Henry, just what I needed. I liked the video. We need more of these types of videos. Anything from 20 to 125 cost .I think it would be ideal.some of us are not from the USA, so robinhood is out of the question .a video on which other broker/ software is best would be good. Seen people use moomoo and webull. Keep up the good work it is appreciated
Interactive brokers or tastyworks
If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.
the only problem with this for me is that I can only choose one option because i dont have option trading level 3 unlocked yet. so even if i do the cheapest options i can find that are somewhat safe it still is hard for me to commit 150$ because i just moved out of my parents place and started living on my own. so its very risky for me
In this video, maybe I didn't hear him right, but does Henry claim that a put credit spread is a new strategy that he created? Wow!
Thank you so much
bruh the saturation is killing my eyes
The problem is that broke person will not qualify for level 3 RH spread trading ! You must have well established RH margin acc. and be approved for level 3 trading ! He doesn't mention this in the video !
Henry I was watching Ben ( yield collector ) and he was talking about a discord you are in on one of his recent videos and I can not find a link to it . Could you post a link to it
calendly.com/invest-with-henry/options-income-coaching-academy-yield-collector
Thank you man
Wasn't this just a credit spread? What is different with the 'Poorman' credit spread?
It not a poor man’s credit spread its click bait! Nothing new like it says. Just your average credit spread.
I thought put mean you betting on a stock to fall in price and a call is betting for stock to go up in price
Dude I have listen to you and haven’t seen any gains , on the contrary I have lost money every single day
I must not be doing something right, I’m testing this theory with Webull paper trading and I put 221 into the account. I can’t sell a put if the cost to buy the stock is say 800.. am I doing it right?
Do a synthetic long future with downside protection on spy wayyyyyy better risk to reward and perfect for fmoc meetings days
Thank you uncle Henry sharing... Fantastic... 🙏🙏🙏🍺🍻
Robinhood isnt letting me do more than one option at a time.
I don’t see a difference from a put credit spread 🤷🏻♂️
Thank you!❤