Very well presented Peter , thank you for that!! but a simple maybe dumb question..."If you are consistently that successful and I do not doubt your honesty at all- why are you spending your time in business and charging $95 a month trying to make money?" Would be nice also to provide an annualized compounding rate of return as opposed to a mount Everest chart. Thank you very much!
@shadowtrader You failed to add that anyone dreaming of doing the QQQ trade in your video would need a collateral of $285,600 (for the 8 sold put). So, that R to R is horrible.
Trading comes with high risk, and building the right portfolio sometimes might be tricky. I started off with the help of my financial Advisor who helped every step of the way.
I agree with your statement, I read a thing or two about passive income and I wanted to continue. I've considered reaching out to a FA, one who can help me make a better financial decisions.
Passive Income and wealth management are very important, I currently own a textile factory. I and my wife are currently looking for a way to diversify our wealth. Thinking about trading and building a good portfolio.
Peter, thank you for the video. My trading strategy (directional) has been working fantastic. My options execution strategy is lacking significantly. Loved the strategies in this video!
Very interesting Peter but 1. Aren't simple verticle spreads safe enough without the complexity of these. 2. You might show a risk graph from TOS to clarify things...this can get complicated.
The entire point is that those simple vertical spreads have a much different risk/reward characteristic. Think about how they act if you are long or short of them. You either have laid out a large debit which is at risk if the stock doesn't move OR you have sold it for a credit which is at risk with the short in front of the long. It's all just a new way of thinking about things. They are called "options" 'for a reason......because they give you lots of options :)
@@therealshadowtrader Yes, I was thinking about credit spreads to avoid the $ outlay, and relying on a directional move and mitigating the other side if price goes against you, but point well made and thank you.
sounds cool to say 4000% but on ULTA ratio you are not calculating the return on risk... have to take the buying power/margin into account for calculating your "return"
I purposely never use them. They are a crutch which holds people back from really understanding options and risk inherently at a glance which his what you want to get to. If you need the risk graph to analyze your trade, then it's not a trade you should be doing.
@@stevenschwartz6573 All of this could be done with $50k if you trade the size recorded in the results. That's 3x your money in six years. Hardly negligible.
Peter, outstanding video on how to make money with options in the "REAL WORLD"! Over the last 6 yrs can you share what has been your best adjustment if you short strike and/or the big risk area above/below the BWB or Ratio is getting tested?
I would say, ,honestly, the best adjustment is usually to close. Depends a lot on how much time to expiry you have. If it's short, then the roll is your best bet. If you have a long way to go, sometimes the best option is to close for a loss and move on. Every single situation is different so it's impossible to give a one size fits all answer.
What size cash balance do you need to maintain in your account to support the weekly trades in your subscription (using the same sizing in your tracking sheet)?
Hi Peter, thank you for the video. I have a question regarding the Netflix call bwb. Let’s assume theoretically the NFLX stock price would jump and open with a gap above $530, then instead of collecting the roughly $500, you would pay 800*$35=$28.000, is that correct? No critic, I am just trying to better understand the risk involved.
You are right to ask this question , as Peter should also explain clearly the maximum Loss at risk with the BWB options : My Calculation is : If NFLX Hits 530 on expiry , then your one 485 call contract will be worth $4,5K- BUT your two 490 shorts will be Minus $8K So you will have a loss of $3,500 for each 1/2/1 BWB option contract .( Minus any credit you received minuscule and of course Brokers fees) Conclusion : You are risking $3,500 to win $55 !
@@theinvestorstrategist As with anything where you are short something naked (even if you have long vertical in front of it) there is technically unlimited risk. However, being too concerned about that is akin to not going out of your house because something could kill you. The odds of that happening DO exist, but they are very small (depending on where you live, of course).
Hi Peter I’m one of your members, you mentioned +1-2+1 for BWB but in the video you’re saying bought 485 bought 490 & 530! Shouldn’t be bought 485 & sold 490 and bought 530? I’m confused a bit here if you can elaborate more. Thank you & great video btw.
Why do you focus so much on "trying to put the trade on for free" when really it seems like the margin requirement for a trade is a more important metric... cuz even a "free" trade can require a sizable amount of margin to establish?
Peter I use to follow you since the TastyTrade days until you went rogue and disappeared the last couple of years when you were most needed so that in itself shows your credibility .......
The same helpful Peter, who now can grow to new levels, while continuing to share his trade with others. Becoming a master of any trade is usually very difficult. Personally, I also like technical trading, regardless of complexity of the trading technique
Very well presented Peter , thank you for that!! but a simple maybe dumb question..."If you are consistently that successful and I do not doubt your honesty at all- why are you spending your time in business and charging $95 a month trying to make money?" Would be nice also to provide an annualized compounding rate of return as opposed to a mount Everest chart. Thank you very much!
extra money doesnt hurt
@shadowtrader You failed to add that anyone dreaming of doing the QQQ trade in your video would need a collateral of $285,600 (for the 8 sold put). So, that R to R is horrible.
Peter everytime I listen to this I get something new. Death before debit!! thank you!
Trading comes with high risk, and building the right portfolio sometimes might be tricky. I started off with the help of my financial Advisor who helped every step of the way.
I agree with your statement, I read a thing or two about passive income and I wanted to continue. I've considered reaching out to a FA, one who can help me make a better financial decisions.
Passive Income and wealth management are very important, I currently own a textile factory. I and my wife are currently looking for a way to diversify our wealth. Thinking about trading and building a good portfolio.
My advisor Aaron Marcus has extensive knowledge of the financial market, wealth management, and investments too.
How do I reach out to him?
@Tradewithmrmarcus
...
Peter I am impressed with your skills moving in and out of options short notice I would never try these moves without hand holding.
Peter, thank you for the video. My trading strategy (directional) has been working fantastic. My options execution strategy is lacking significantly. Loved the strategies in this video!
Very interesting Peter but 1. Aren't simple verticle spreads safe enough without the complexity of these. 2. You might show a risk graph from TOS to clarify things...this can get complicated.
The entire point is that those simple vertical spreads have a much different risk/reward characteristic. Think about how they act if you are long or short of them. You either have laid out a large debit which is at risk if the stock doesn't move OR you have sold it for a credit which is at risk with the short in front of the long. It's all just a new way of thinking about things. They are called "options" 'for a reason......because they give you lots of options :)
@@therealshadowtrader Yes, I was thinking about credit spreads to
avoid the $ outlay, and relying on a directional move and mitigating the other side if price goes against you, but point well made and thank you.
Decide for yourself, and try either, simultaneously. or in alternation. Decide for yourself. A perfect invitation, Peter. Ask the Shadow!
sounds cool to say 4000% but on ULTA ratio you are not calculating the return on risk... have to take the buying power/margin into account for calculating your "return"
a keeper of a video. methodical approach and description
Where's the risk graph? Picture is worth a thousand words.
I purposely never use them. They are a crutch which holds people back from really understanding options and risk inherently at a glance which his what you want to get to. If you need the risk graph to analyze your trade, then it's not a trade you should be doing.
Try to grasp it without a handicap
The Goat
You have to be kidding me. Outrageously expansive. Performance negligible returns. Legend in his own mind.
@@stevenschwartz6573 All of this could be done with $50k if you trade the size recorded in the results. That's 3x your money in six years. Hardly negligible.
What minimum account size would you recommend to join the weekly options advisory?
I'm not in it, but some of my trading buddies are and to follow Peter's trade they recommend about $150k portfolio
thanks sensei
The potential loss in the broken butterfly far exceeds the potential gain. You did not point out this at all and this is misleading
My brokerage wont let me sell naked calls... So cant do that BWB unless I sell puts which I dont want to do in this bear market.
what would happen to your positions when there is a big overnight move? can you show the performance graph?
exactly Gap up, gap down could hurt altogather.
Has this account created this equity curve with premium only, or have you infused some equity into it along the way?
Peter, outstanding video on how to make money with options in the "REAL WORLD"! Over the last 6 yrs can you share what has been your best adjustment if you short strike and/or the big risk area above/below the BWB or Ratio is getting tested?
I would say, ,honestly, the best adjustment is usually to close. Depends a lot on how much time to expiry you have. If it's short, then the roll is your best bet. If you have a long way to go, sometimes the best option is to close for a loss and move on. Every single situation is different so it's impossible to give a one size fits all answer.
What size cash balance do you need to maintain in your account to support the weekly trades in your subscription (using the same sizing in your tracking sheet)?
I would say comfortably, $50k
Love put ratios and put backspreads. I HATE being net short on call side due to total outlier moves like NVDA.
AZ zzdfc😅😊
Thank you Peter, great video
Powerful Lecture. Thank you for delivering. Learned so much.👍
Hi Peter, thank you for the video. I have a question regarding the Netflix call bwb. Let’s assume theoretically the NFLX stock price would jump and open with a gap above $530, then instead of collecting the roughly $500, you would pay 800*$35=$28.000, is that correct? No critic, I am just trying to better understand the risk involved.
You are right to ask this question , as Peter should also explain clearly the maximum Loss at risk with the BWB options : My Calculation is : If NFLX Hits 530 on expiry , then your one 485 call contract will be worth $4,5K- BUT your two 490 shorts will be Minus $8K So you will have a loss of $3,500 for each 1/2/1 BWB option contract .( Minus any credit you received minuscule and of course Brokers fees) Conclusion : You are risking $3,500 to win $55 !
@@theinvestorstrategist As with anything where you are short something naked (even if you have long vertical in front of it) there is technically unlimited risk. However, being too concerned about that is akin to not going out of your house because something could kill you. The odds of that happening DO exist, but they are very small (depending on where you live, of course).
Can you share ur equity curve thru the broker? Thanks.
Awesome video ! Thanks for sharing
Peter do you feel like you can earn 10k/week like you can doing 45 to 60 date? My goal is 2500/day and I currently do iron condors.
How many DTE are you trading?
These comments just confirm most of these people shouldn’t be trading.
Well done.
Thx Peter
Hi Peter I’m one of your members, you mentioned +1-2+1 for BWB but in the video you’re saying bought 485 bought 490 & 530! Shouldn’t be bought 485 & sold 490 and bought 530? I’m confused a bit here if you can elaborate more. Thank you & great video btw.
It’s not rocket science he probably made a mistake
Why did this just randomly pop up?
These are advanced strategies. Most info went whoosh. Great info though.
Struggling with your terminology-bit different-thrown. Back to school. Later.
Why do you focus so much on "trying to put the trade on for free" when really it seems like the margin requirement for a trade is a more important metric... cuz even a "free" trade can require a sizable amount of margin to establish?
I answer that in the video. Because there will be many times that you are wrong on direction and if so, your debit spread will wither away to nothing.
Peter I use to follow you since the TastyTrade days until you went rogue and disappeared the last couple of years when you were most needed so that in itself shows your credibility .......
The same helpful Peter, who now can grow to new levels, while continuing to share his trade with others. Becoming a master of any trade is usually very difficult. Personally, I also like technical trading, regardless of complexity of the trading technique
@@Lobo7charlie yes for a few he was here but never understood why he completely disappeared especially when it was a great marketing pitch