I am up $9k on 2 leaps from the last video! Best coach ever! Last weeks trade alerts were great as usual! Another great week on the horizon! Thanks Corey!
How much to join the Discord Channel and how is this any different than any of the millions of other programs out there that does not work for the average person. Clearly this is a day trading strategy and not for the swing trader that does not want to be glued to their computer screen 😉😉
Second! I remember you teaching this in the bootcamp back in August! I have been using this strategy and it works! With all of your coaching and trade alerts I am hoping to break $90k by end of the month! I started with $30k! Thank you for being a great coach man!
Hey coach! Thank you for all of your great content! I don’t know how you do it between one and one coaching and the discord as well as posting all of these excellent TH-cam videos consistently! You are the best! You have helped me grow from $25k to $85k in under 5 months! 🎉🎉
Great explanations and strategies! Feels like just yesterday I joined your discord and coaching, but it’s been almost 6 months! Can’t believe how far I’ve come since starting out! I’ve made incredible growth thank you Corey!
Great video! You taught me this strategy in the Boot Camp I’ve been running it ever since! Since joining your discord back in July, I have grown my $10,000 account to $45,000 at the end of November! You are awesome coach thank you!
Hi, I looked at 0DTE 12/9 calls at 10AM. Was looking at 610 which was ~$3 above resistance at 607. The premium was only $3-4 per contract not $30-$40 per conteact. May be I’m missing some hating or doing some hating wrong? Thanks!
same here. If you buy a $6000 leap you can only sell one call OTM and the zero day calls are very low in premium. You might make $20 max a day selling the first otm call, and maybe $10 a day if you go two strikes out. Simple math. Yes IF the market always rises your leap will make bank but if the market falls you lose in the end since your long position has a larger delta.
@@J123G No reply from Corey so I guess he only replies to the bots trying to hype his service. He seems to know his stuff but these $10K month videos are really misleading and dangerous
At 27:20 on the premarket hint, if you choose to trade an option during regular hours, the premium is very low for either a call or put, making it difficult to justify the "low" risk
Corey, what do you do when your 0dte on Spy Leaps breaches the call price and you’re ITM before close? Do you roll to the following day or another day later in the week? If not, do you have to exercise the Leaps call to cover the sold calls? Or, will your broker exercise your Leaps call automatically? I’m curious about this scenario because it happened in my TOS practice account and it showed a debit for $180k that I would be on the hook for.
So I am closing calls and buying calls late in the day for the next day even going with a low delta, it keeps going into the money. Do I need to just do the calls the day of?
Good stuff Corey. One question on your Pre-Market range/hours for Put/Calls on SPY. Do you use this same strategy on Economic News days? Such as CPI, Fed Chair Reports, Jobless claims etc..
I really enjoyed this video and the details that you provide! Since joining your discord and coaching, I have achieved 185% gross! I’ve hit my goals for the year and I am so excited. Thank you for being a great coach!
Question… I buy SPY option same day in the money like $100k worth, for example i buy @1.44 x 650 contract. And sell @1.49 x 650 contracts. I just made $3250 +/- with fees Been doing this on paper trade for a week. Got lucky and won all 5days. Up around $15k. As soon as i buy this contract, i put stop loss at if it goes below 2k sell all, if it goes above 3k sell all. What would be the down side of this? other than losing everyday?
so remember whatever you spend on the leap you have to bare in mind that if your short calls get in the money and you have to exercise your leaps you would be at a loss if your cover call strike that u sold were under your leap break even price and usually to set a strike so high above the breakeven does not pay much premium therefore you would have to be rolling as it gets too close to your strike daily and most times rolling is closing for a loss hoping to get a greater profit in future expiration.
I have been doing this for 5 years. Through bearish pandemic as well in 2021 and it works. Very powerful if you understand position and risk management.
You can start working on it yes. You can make a good return on that capital. Here is a link if you want to join the coaching and discord. calendly.com/invest-with-corey/invest-with-corey-cl2
So lets fast forward 6-9 months you have been running the strategy and its been a success. Now it’s time to sell your leaps bc decay is. Starting to accelerate. But now your 60 delta leaps are $1500 more expensive per leap! Now you need that income to buy the more expensive LEAPS. Yes? No?
I would love a video of someone showing traders how they would manage many 1 year LEAPS if another Nov 2000 to Nov 2002 happened. Be a cool case study.
@@investwithcorey Thank you for the response. I will have to look for those videos. The SPY ETF has had only one 3 year period where it went lower than the prior year and the was 2000 thru 2003. I lost a lot during that period, trying to dabble in day trading stocks, but learned a lot from that experience. I am new to options and I'm liking them, but after you have been burned like that, I can see how LEAPS could cause an issue if another 3 year period like that happened. So I would like to know what strategies more experienced traders would take if they had bought a number of SPY LEAPS in Dec 1999? How would they play it?
Hi Corey, I'm trying to book a call but the form doesn't allow a phone number from another country. I'm from New Zealand but I'm travelling overseas atm so I have a phone number from another country.
Here is a direct link try this, if this link has same issues then try all 0's. If that doesn't work email me directly below. I have students all around the world. Link below as well. corey@investwithcorey.com calendly.com/invest-with-corey/invest-with-corey-cl2
No way does 10 spy leaps pay 500/day in December! Look at the premiums! Even at the money doesn’t do it and do you want to sell ATM short calls. This is so disgusting
You didn't even watch this video. And I do not discuss selling at the money calls. Out of the money calls. I have been running the strategy for 5 years and it pays way more than 500
How do you handle the wide bid/ask spreads on the leaps? you buy a leap, but the S&P goes up and you have to "roll up" - you're going to lose a huge amount on the bid/ask spread of rolling up the leap.
This strategy seems fine and dandy until you look at the three strike higher 0DTE covered calls at 9:30am and see that they sell for $0.04-$0.15/ea instead of the $0.21-$0.47/ea that are shown in this video. Sorta seems like the results in videos like this are completely cherry-picked and the premiums are nowhere near as good. I see no way to run this strategy and consistently bring in $500 with $50k.
I've been running the strategy for 6 years. It works. Not sure what Delta you're looking at or what options but it's about $40 a day on average. You have to know technical analysis and you can't just go off of one set Delta you have to go off of where the stock is likely to go based off of technicals.
I trust your competence, but I dont know if all this is very relevant to the people investing from europe like myself. I am using a local broker that deducts tax automatically. I invest from Germany. I would love to be guided by you.
Welchen Broker nutzt du denn? Und handelst du schon mit Optionen oder klassisch ETFs und Aktien Buy-and-Hold? Ich beschäftige mich jetzt seit knapp 3 Jahren mit Termingeschäften (wie es hier in der BRD so schön heißt) und finde die hier vorgestellten Strategien höchst relevant. Optionen können den Vermögensaufbau deutlich beschleunigen und dienen zusätzlich zum Hedgen in Phasen der Rezession. Für alle Arten von Märkten gibt es passende Strategien. Das tückischste an Termingeschäften (und der Gewinn-/Verlustverrechnung) ist unser Finanzamt... aber das ist ein anderes Thema
@@v4ssili Ich nutze Scalable Capital. Klassische Buy-and-Hold-, Dividendenstrategie, keine ETFs. Von „Optionen“ kenne ich mich nicht aus, da muss ich recherchieren.
I am up $9k on 2 leaps from the last video! Best coach ever! Last weeks trade alerts were great as usual! Another great week on the horizon! Thanks Corey!
How much to join the Discord Channel and how is this any different than any of the millions of other programs out there that does not work for the average person. Clearly this is a day trading strategy and not for the swing trader that does not want to be glued to their computer screen 😉😉
Second! I remember you teaching this in the bootcamp back in August! I have been using this strategy and it works! With all of your coaching and trade alerts I am hoping to break $90k by end of the month! I started with $30k! Thank you for being a great coach man!
Nice work! Proud of you james! More success incoming!
Corey is a great coach! I have seen 230% growth in 4 months. I am so excited for this opportunity and success!
Where can I see the boot camp
Hey coach! Thank you for all of your great content! I don’t know how you do it between one and one coaching and the discord as well as posting all of these excellent TH-cam videos consistently! You are the best! You have helped me grow from $25k to $85k in under 5 months! 🎉🎉
Corey's the best coach ever! He actually cares and gives us extra effort all the time in discord and thr webinars!
Thats crazy, What strategies have you been using? I signed up still trying to digest all the content.
Hey coach! I am running this strategy since the bootcamp in september and its awesome! Thank you for all you do!
Fantastic Leo! Very welcome!
Great explanations and strategies! Feels like just yesterday I joined your discord and coaching, but it’s been almost 6 months! Can’t believe how far I’ve come since starting out! I’ve made incredible growth thank you Corey!
i will try this tonight!. i finally got my options level 3
Awesome!
This is why I just enrolled and joined the book camp in February
You will learn alot! I did bootcamp a few months back and it was great!
Im starting to get sold on joining
I did the bootcamp in July. Started with $10k and I hit $45k end of November! Coreys the best!
How much is Boot Camp?
I would love a video on your fidelity setup. I am new to fidelity and really struggling to figure it all out. I’m used to robinhood.
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
Your great keep up the great teaching may God bless you for i know this is a blessing to me. I am learning a ton tkx
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
Great video! You taught me this strategy in the Boot Camp I’ve been running it ever since! Since joining your discord back in July, I have grown my $10,000 account to $45,000 at the end of November! You are awesome coach thank you!
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
Hi, I looked at 0DTE 12/9 calls at 10AM. Was looking at 610 which was ~$3 above resistance at 607. The premium was only $3-4 per contract not $30-$40 per conteact. May be I’m missing some hating or doing some hating wrong? Thanks!
Any comment on this, Corey? I am seeing the same low premiums. The example you showed on video was for Monday options chain on a Friday so not 0DTE
same here. If you buy a $6000 leap you can only sell one call OTM and the zero day calls are very low in premium. You might make $20 max a day selling the first otm call, and maybe $10 a day if you go two strikes out. Simple math. Yes IF the market always rises your leap will make bank but if the market falls you lose in the end since your long position has a larger delta.
@@J123G No reply from Corey so I guess he only replies to the bots trying to hype his service. He seems to know his stuff but these $10K month videos are really misleading and dangerous
At 27:20 on the premarket hint, if you choose to trade an option during regular hours, the premium is very low for either a call or put, making it difficult to justify the "low" risk
Corey, what do you do when your 0dte on Spy Leaps breaches the call price and you’re ITM before close? Do you roll to the following day or another day later in the week? If not, do you have to exercise the Leaps call to cover the sold calls? Or, will your broker exercise your Leaps call automatically? I’m curious about this scenario because it happened in my TOS practice account and it showed a debit for $180k that I would be on the hook for.
You would buy back at a loss and then either sell another or sell leap to offset all the loss. I typically roll. It works well with SPY
@ Thank you Corey.
Selling The SPY daily covered call $3 out of the money is only $.27. Corey is quoting $.45 . That makes a significant difference.
It depends, you are thinking short-term daily. I'm thinking long-term debt. At the end of the year I averaged about 100% to 150% per year doing it
Great strategies and tutorials as always! I can’t thank you enough for everything you do! Joining your discord was the best decision ever!
Glad to hear it! Lots of success incoming benjamin!
Booked an appointment for boxing day. I am ready to learn!
Awesome glad to hear!
So I am closing calls and buying calls late in the day for the next day even going with a low delta, it keeps going into the money. Do I need to just do the calls the day of?
the prices I'm seeing for OOTM 0DTE options are so low there's no way to make any money doing this. What am I missing? Are these not ODTE options?
Good stuff Corey. One question on your Pre-Market range/hours for Put/Calls on SPY. Do you use this same strategy on Economic News days? Such as CPI, Fed Chair Reports, Jobless claims etc..
I really enjoyed this video and the details that you provide! Since joining your discord and coaching, I have achieved 185% gross! I’ve hit my goals for the year and I am so excited. Thank you for being a great coach!
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
Cory, I would love to see a tutorial on Sink or Swim set up using FIDELITY, or Sink or Swim. Let me know where I can find it. Thanks
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
Question…
I buy SPY option same day in the money like $100k worth, for example i buy @1.44 x 650 contract. And sell @1.49 x 650 contracts.
I just made $3250 +/- with fees
Been doing this on paper trade for a week. Got lucky and won all 5days. Up around $15k.
As soon as i buy this contract, i put stop loss at if it goes below 2k sell all, if it goes above 3k sell all. What would be the down side of this? other than losing everyday?
😱😱😱😱 you risked a 100k to make 3k? Scary!!!! 😱😱😱😱😱
What level option do you need at fidelity for PMCC , level 2 or 3?
Level 2 as it is a spread -- Not naked
Level 2 allows it but they will close at 3:30pm like robinhood as it's technically naked. Need level 3
so remember whatever you spend on the leap you have to bare in mind that if your short calls get in the money and you have to exercise your leaps you would be at a loss if your cover call strike that u sold were under your leap break even price and usually to set a strike so high above the breakeven does not pay much premium therefore you would have to be rolling as it gets too close to your strike daily and most times rolling is closing for a loss hoping to get a greater profit in future expiration.
I have been doing this for 5 years. Through bearish pandemic as well in 2021 and it works. Very powerful if you understand position and risk management.
Can I retire with 150k?
I started with less than $35k and I am pushing $80k in 4 months, corey can help you for sure!
You can start working on it yes. You can make a good return on that capital. Here is a link if you want to join the coaching and discord.
calendly.com/invest-with-corey/invest-with-corey-cl2
@@investwithcoreyhow much is the discord?
Can this be done on XSP?
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
I would love a video on Fidelity and the proper to set it up!
How much u paying him.. exactly why he didn't reply
So lets fast forward 6-9 months you have been running the strategy and its been a success. Now it’s time to sell your leaps bc decay is. Starting to accelerate. But now your 60 delta leaps are $1500 more expensive per leap! Now you need that income to buy the more expensive LEAPS. Yes? No?
Roll higher to lower delta for same price
I would love a video of someone showing traders how they would manage many 1 year LEAPS if another Nov 2000 to Nov 2002 happened. Be a cool case study.
I did in 2021 when it was way more bearish than 2000 era. Still printed. DCA and Short calls. Management is everything
@@investwithcorey Thank you for the response. I will have to look for those videos. The SPY ETF has had only one 3 year period where it went lower than the prior year and the was 2000 thru 2003. I lost a lot during that period, trying to dabble in day trading stocks, but learned a lot from that experience. I am new to options and I'm liking them, but after you have been burned like that, I can see how LEAPS could cause an issue if another 3 year period like that happened. So I would like to know what strategies more experienced traders would take if they had bought a number of SPY LEAPS in Dec 1999? How would they play it?
Hi Corey, I'm trying to book a call but the form doesn't allow a phone number from another country. I'm from New Zealand but I'm travelling overseas atm so I have a phone number from another country.
Here is a direct link try this, if this link has same issues then try all 0's. If that doesn't work email me directly below. I have students all around the world. Link below as well.
corey@investwithcorey.com
calendly.com/invest-with-corey/invest-with-corey-cl2
No way does 10 spy leaps pay 500/day in December! Look at the premiums! Even at the money doesn’t do it and do you want to sell ATM short calls. This is so disgusting
You didn't even watch this video. And I do not discuss selling at the money calls. Out of the money calls. I have been running the strategy for 5 years and it pays way more than 500
And you didn’t read the text Mensa flunky
Wont the CSP cost you about $60,000?
Wh sap Here’s my digits breakdown:
Starts with 十1917, follow with
998, and finish strong at
7580. Hit me upppp🤙
How do you handle the wide bid/ask spreads on the leaps? you buy a leap, but the S&P goes up and you have to "roll up" - you're going to lose a huge amount on the bid/ask spread of rolling up the leap.
First
This strategy seems fine and dandy until you look at the three strike higher 0DTE covered calls at 9:30am and see that they sell for $0.04-$0.15/ea instead of the $0.21-$0.47/ea that are shown in this video. Sorta seems like the results in videos like this are completely cherry-picked and the premiums are nowhere near as good. I see no way to run this strategy and consistently bring in $500 with $50k.
I've been running the strategy for 6 years. It works. Not sure what Delta you're looking at or what options but it's about $40 a day on average. You have to know technical analysis and you can't just go off of one set Delta you have to go off of where the stock is likely to go based off of technicals.
What the negative about stock lending?
Hedge funds can use it for shorting I believe.
If not hedge funds I know somehow it allows it to be shorted.
Short interest is just future demand. The ability to short is beneficial to the market.
Third!
I trust your competence, but I dont know if all this is very relevant to the people investing from europe like myself. I am using a local broker that deducts tax automatically. I invest from Germany. I would love to be guided by you.
Welchen Broker nutzt du denn? Und handelst du schon mit Optionen oder klassisch ETFs und Aktien Buy-and-Hold? Ich beschäftige mich jetzt seit knapp 3 Jahren mit Termingeschäften (wie es hier in der BRD so schön heißt) und finde die hier vorgestellten Strategien höchst relevant. Optionen können den Vermögensaufbau deutlich beschleunigen und dienen zusätzlich zum Hedgen in Phasen der Rezession. Für alle Arten von Märkten gibt es passende Strategien.
Das tückischste an Termingeschäften (und der Gewinn-/Verlustverrechnung) ist unser Finanzamt... aber das ist ein anderes Thema
@@v4ssili Ich nutze Scalable Capital. Klassische Buy-and-Hold-, Dividendenstrategie, keine ETFs. Von „Optionen“ kenne ich mich nicht aus, da muss ich recherchieren.
The only thing is ur buying leaps at all time highs definitely risky.. the csp imo is the only option for me
therefore you must wait, these crazy levels, I have ones I want but not at these levels