To all of you who wants to try this, there's a 85% chance is not going to work. As I'm writing this, I have an NVDA contract. 2 sell calls @ $460 and 2 buy calls $455/$465. Took it 2 weeks ago. It'll expire tomorrow. Cost me $40 with a "max profit" of $195. The most I've made was $20. Right now I'm losing money. Here's the other thing: The profit changes in seconds. So you might be $50 up,and by the time you close it it probably went down to $10 or less. There's no easy way to win in the market 🙄
My thinking exactly. He shows us the potential profit, but I'm wondering how that actually works in real life. He never shows us how to exit the position to turn that potential into reality.
You’re not supposed to close the option , you’re to ride it till it crashes. That’s the first problem you’re running in to , the stock you’re holding NEEDS to land ITM.
Why is it when I try to sell these option spreads, they never sell and I lose money? I ran a PLTR strategy youve shown and it has been on a sell limit for 3 days with only a dollar gain overall
Not only recycled but most titles are seemingly clickbait. $10 into $1000 but never shows that exact strategy. Makes soooo much trading he needs to seemingly make clickbaity, recycled and I feel copied TH-cam videos that aren't his.
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Paula David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
How do you close the position on these custom options cuz when I tried to close it when I was up it just said pending and it stayed like that till the expiration date
So to do this strategy with AAL you’d need to start off with $3200 and have level 3 Robin Hood? What strategies should I practice paper trading elsewhere to practice on level 2 RH so that I can move up to level 3 ?
Unlocking level 3 on robinhood is quite easy. Pick a level 3 options strategy, study the basic concepts like necessary collateral, max profit/loss, whether you want the actual stock price to move up/down, etc. Contact RH support, and they'll set up a phone call with you to test you. They'll ask you why you want Level 3 and what strategies you want to employ, then you pick the one you studied, and answer the basic questions they ask about it. If you answer enough correctly, they'll approve you for L3. You can even write down notes and just look at them while you're on the call. Just keep in mind that while selling contracts via spreads has somewhat limited risk, you can still lose a lot of money if things don't go your way!
When we close the options deals trying to profit, how can we be sure the asset price at the exact moment the options being closed is close to the at-the-money option strike price?
Is this strategy best used when the option strategy expires even when it's in the money, I got a call option and strike price keeps going up. Making me more into the money, but bid and ask got cheaper the more it goes up
I found it hard to close positions for profit as it appears. For example, the stock price could be in the green range or maybe even at the peak but the option market price could be -3, or +5. Point being I’ve never seen instance where I can close a position for all that profit without letting it expire.
Dumb question but if you make the play that you showed first and you set it out for a week later, can you sell it the next day if it’s on the price you set?
;Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do 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.
I do not even have the basic fundamentals down that's about 94026hrs away. Some of us are trying to learn here sir, I apologise for requesting thing so below your station💯🙏
Yeah I'm kind of disappointed he re-used old footage. was hoping to see more contemporary stock prices and picks. I guess the concepts still apply to now though.
Hey Henry. Long time subscriber here. Another informative video, just paced too fast. Again... 🤷♂ Feels like a run on sentence/video. Don't get me wrong, still helpful, but more difficult to grasp. Slow down some for us beginners. Make us feel like you care again. ☺ I remember when your videos were paced a bit slower. Was nice. Now you cut so much air out after each sentence it feels like a run on video. Too speedy. Sry. Space your sentences out a bit more and I bet your viewers would quietly appreciate it. 😉
Start an account with a realistic amount of money and grow that over a couple months showing the small little bit of due diligence do you use to research your trades and manage them
You need to wake up early like 4am - 5am when people start trading like crazy based on the news they read the night they sleep Hence high liquaty usually goes very fast up after good news or large sums being bought during big dips or big bulls up remember it’s not luck or YT VIDEOS but hard work research and waking up earlier then most DUHHH
These are not plays. He clearly states its an example of a strategy. If all you want is to be told what to do then you're on the wrong channel. Educate yourself 😅
So, Tesla, a notoriously volatile stock, to stay rangebound after 6 weeks? And those are favourable odds? Just when i thought you were a serious options trader 😅
I just figured out yesterday that most rich crypto holders invest with professional crypto traders to learn new strategies and earn huge amount of money. How true is this
Wow! I'm really surprised Donna Patricia is being mentioned here. I initially started off with her last year with 5k and now my portfolio is worth over a 100k
This was posted October 2023 yet he is talking as if this is many years ago Tesla's price is $240 now not thousand dollars plus you said that you picked April which is a month away but it is October when you posted this it makes no sense your video is extremely old you should say this at the beginning of the video
Your video is fine until you try to follow along. All your talking inbetween step and zooming in an out makes it annoying. Just screen capture and drawn what your are buying and selling
Henry, you are being irresponsible. Teach how to get out of the trade to make your lesson complete. Do you want people to open positions and just walk away???
To all of you who wants to try this, there's a 85% chance is not going to work. As I'm writing this, I have an NVDA contract. 2 sell calls @ $460 and 2 buy calls $455/$465. Took it 2 weeks ago. It'll expire tomorrow. Cost me $40 with a "max profit" of $195. The most I've made was $20. Right now I'm losing money. Here's the other thing: The profit changes in seconds. So you might be $50 up,and by the time you close it it probably went down to $10 or less. There's no easy way to win in the market 🙄
Excellent information but how do you exit out this option before it reaches the due date to receive a profit.😊
Sell or buy
@@darriuswhite5341 Sell
I can't close these before expiration on robinhood
People should teach how to close these options
My thinking exactly. He shows us the potential profit, but I'm wondering how that actually works in real life. He never shows us how to exit the position to turn that potential into reality.
@@shermandye8125 ikr?
Yes this is what I’m looking for as well
same
You’re not supposed to close the option , you’re to ride it till it crashes. That’s the first problem you’re running in to , the stock you’re holding NEEDS to land ITM.
Why is it when I try to sell these option spreads, they never sell and I lose money? I ran a PLTR strategy youve shown and it has been on a sell limit for 3 days with only a dollar gain overall
probably because u use Robinhood
Hi Henry
Are we not running into an increased risk of early assignments by selling ITM options? Our short legs are at a very dangerous zone. Correct?
15:16 البيع العقدين تحدد الاسترايك بناء على رايك وين بيوصل السهم 16:01 وهنا قال ان القمه اعلى مكسب تحطه عن طريق اختيار بيع عقدين
Henry; I will keep watching, it will sink in.
Not only recycled but most titles are seemingly clickbait. $10 into $1000 but never shows that exact strategy. Makes soooo much trading he needs to seemingly make clickbaity, recycled and I feel copied TH-cam videos that aren't his.
10:17 كيف تعرف العرضي من الشارت
Repost?
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Paula David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
Wow, amazing to see others who trade with Paula David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
You invest with Paula too? Wow that woman has been a blessing to me and my family.
Any information on how i can reach her, i'm new at this
I was skeptical at first until i decided to try. Its huge returns are awesome, can't say much
Long call butterfly?
How do you close the position on these custom options cuz when I tried to close it when I was up it just said pending and it stayed like that till the expiration date
What is the price for your course? I am unclear what you mean by the cost is based on your goals. Can you explain/elaborate please
So to do this strategy with AAL you’d need to start off with $3200 and have level 3 Robin Hood? What strategies should I practice paper trading elsewhere to practice on level 2 RH so that I can move up to level 3 ?
Same boat here. Not approved for level 3.
Why $3200?
Unlocking level 3 on robinhood is quite easy. Pick a level 3 options strategy, study the basic concepts like necessary collateral, max profit/loss, whether you want the actual stock price to move up/down, etc. Contact RH support, and they'll set up a phone call with you to test you. They'll ask you why you want Level 3 and what strategies you want to employ, then you pick the one you studied, and answer the basic questions they ask about it. If you answer enough correctly, they'll approve you for L3. You can even write down notes and just look at them while you're on the call.
Just keep in mind that while selling contracts via spreads has somewhat limited risk, you can still lose a lot of money if things don't go your way!
They let me simply signup for level three through the app
Hi ...how much do you charge for coaching?
I remember this play....I crushed it. Thanks again!!!
Is this also called a buy call butterfly?
@@knm185 yeah it's an iron butterfly strategy
When we close the options deals trying to profit, how can we be sure the asset price at the exact moment the options being closed is close to the at-the-money option strike price?
How do you think LTLW LQDW?
This is iron butterfly strategy … nothing new.. you should mention strategy name instead of presenting it as your own innovation
The price of TSLA isn't near $1100 .....
ITS A REUP
Is this a call Butterfly trade?
What do you recommend for a trading platform? Is it still Robinhood.
Where's the link to your discord?
It's a private discord that you have to pay to get into by joining his coaching program.
@@samuelzinan7696 So where's the link to join?
Is this strategy best used when the option strategy expires even when it's in the money, I got a call option and strike price keeps going up. Making me more into the money, but bid and ask got cheaper the more it goes up
I found it hard to close positions for profit as it appears. For example, the stock price could be in the green range or maybe even at the peak but the option market price could be -3, or +5. Point being I’ve never seen instance where I can close a position for all that profit without letting it expire.
Correct, look up "intrinsic value" of options contacts to understand why they are valued differently at expiration as opposed to earlier
Dumb question but if you make the play that you showed first and you set it out for a week later, can you sell it the next day if it’s on the price you set?
Not a dumb question. I would recommend looking up "intrinsic value" of options contacts
how do i do this on webull
???
;Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.
Congratulations
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do 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.
Great job with your wife! I bet you’re living your best life right now.
Credits to Dylan Kyle Zachary, He saw me through the process.
you can glance his name up on the internet and verify him yourself. he has years of financial market experience.!!
recycled content
I do not even have the basic fundamentals down that's about 94026hrs away.
Some of us are trying to learn here sir, I apologise for requesting thing so below your station💯🙏
Nice, I like.
Has TSLA ever traded above $400?
That TH-cam money must be good, this guy recycles content showing TSLA at $1100 😂
Yeah I'm kind of disappointed he re-used old footage. was hoping to see more contemporary stock prices and picks. I guess the concepts still apply to now though.
Hey Henry. Long time subscriber here. Another informative video, just paced too fast. Again... 🤷♂ Feels like a run on sentence/video. Don't get me wrong, still helpful, but more difficult to grasp. Slow down some for us beginners. Make us feel like you care again. ☺ I remember when your videos were paced a bit slower. Was nice. Now you cut so much air out after each sentence it feels like a run on video. Too speedy. Sry. Space your sentences out a bit more and I bet your viewers would quietly appreciate it. 😉
If you're curious of what content to make I have a few suggestions
Make videos of how you do research on companies you're doing options plays on and so the research process
Start an account with a realistic amount of money and grow that over a couple months showing the small little bit of due diligence do you use to research your trades and manage them
Try a couple different brokers and start an account with them trade over couple months and then give us a review on them
Idk but to me putting down 4k to possibly triple it almost doesn’t add up when you can do that with a few hundred dollars instead of
Great video
Imagine claiming the strategy requires low volatility to be successful and using a stock like Tesla as an example..wow. 😂
You need to wake up early like 4am - 5am when people start trading like crazy based on the news they read the night they sleep Hence high liquaty usually goes very fast up after good news or large sums being bought during big dips or big bulls up remember it’s not luck or YT VIDEOS but hard work research and waking up earlier then most DUHHH
Too bad robin hood isn't available for us Canadians....our trading apps don't show the same profit charts...
These are not plays. He clearly states its an example of a strategy. If all you want is to be told what to do then you're on the wrong channel. Educate yourself 😅
So, Tesla, a notoriously volatile stock, to stay rangebound after 6 weeks? And those are favourable odds? Just when i thought you were a serious options trader 😅
I just figured out yesterday that most rich crypto holders invest with professional crypto traders to learn new strategies and earn huge amount of money. How true is this
Wow! I'm really surprised Donna Patricia is being mentioned here. I initially started off with her last year with 5k and now my portfolio is worth over a 100k
Please educate me, I’ve come across this name before, Now i'm interested to start trading with her
Donna Patricia is the key to robust profits. I'm currently trading with her also. Started off with a low amount and now my portfolio is unbelievable.
I strongly agree with you guys, Donna's team is the best, My funds are safe and ROI is always sent directly to my external wallet exchange monthly
Thanks for sharing her contact information. I'm gonna reach out to her right away.
Take a look at the TSLA, that video lapsed 2 years ago where TSLA priced at $1k. This video details gave potential red flags here.
This was posted October 2023 yet he is talking as if this is many years ago Tesla's price is $240 now not thousand dollars plus you said that you picked April which is a month away but it is October when you posted this it makes no sense your video is extremely old you should say this at the beginning of the video
You didn't even go over closing the trade. 👎👎
Your video is fine until you try to follow along. All your talking inbetween step and zooming in an out makes it annoying. Just screen capture and drawn what your are buying and selling
Why are you posting this in October 2023 when this occurred many years ago you are not current at all
Henry, you are being irresponsible. Teach how to get out of the trade to make your lesson complete. Do you want people to open positions and just walk away???
Bro your just a copy cat 😂