Seth, I'm not sure why you neglected to mention that after the 2018 crash, the put credit spread was fully underwater at max loss for some quite significant period of time, while the SPY revisited lows. That makes this "PCS at Crash Strategy" a quite adventurous options trade indeed! And it makes your selection of a 6 month expiry a critical feature in the structure of this trade that ought to have a bit more emphasis.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
It was run by “Jessica Lee Horst” who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
Jessica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Question when using the macd what would you say is good numbers to use? 12,26,9 I know I saw a video you guys posted and thought I saw you said 3,9,12.. any help would be appreciated
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
It would have been a max loss (at least it's a defined loss rather than selling naked puts). This would have happened with this strategy in 2008 as the SPY went down for 18 months.
Seth tell us what did you trade when Vix jumped to $60 last week. So we can see you did catch it. It’s easy to look at history and talk. Do you guys know there is a saying “ if something seems too good to be true, it probably is not true”
Seth, the video did not address this issue: During last week's VIX spike many of the brokerage platforms for retail investors, including mine, were uselessly inoperative at the very moment this PCS trade would have needed to be placed. How do you suggest that problem should be dealt with - i.e. what can be done about not being able to place this trade at the right time? Would it have been too late, once the VIX had died down, the SPY had begun recovering, and the trading platform was working again? This is where I feel like these backtesting-driven videos sometimes present overly rosy scenarios, by overlooking real-world issues that are crucial to the analysis.
You cannot do anything. All retail platforms have in their T&Cs things to cover from unexpected downtime. The worse that can happen is for them to get a fine, but retail investors won't see a cent. Find which brokers stayed up and move to one of them (I know tastytrade stayed up - and Seth has recommended it in the past).
The benefits of the credit spread are the defined risk, high probability of expiring out of the money and the lower capital needed. You are right that one might make more profit with the options you mentioned, but at the cost of taking more risk.
@@tomc3130 a stop loss is not guaranteed to trigger at the specified price. If the drop happens while the exchange is closed it will trigger at whatever price it opens which could be significantly different. Please check this at your broker as otherwise you might get a nasty surprise.
@@tomc3130stop limits are not guaranteed. If the price tanks while the exchange is closed, in a few ticks, or the broker is slow to execute it, the stop loss can be triggered at a far lower price than the one set.
I bought 3 528 puts friday before Monday morning i sold them at open. I gave all my gains back through draftkings sports betting 😅 and getting crushed on 0dte puts every day since
It´s not possible to build up the credit put spread in that panic moment, because of large spread betweem BID and ASK price. I saw it on ES this August on "black Monday". BID price was 55 and ASK was about 355 - everybody were buying "rescue" PUTS. The first option was to build call debit spread, the other option was to wait a few hours for the prices to equalize again.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
This is a $2.91 risk to $2.09 reward trade. Or, $0.72 reward for taking $1 risk. This strategy needs above a 60% win rate to be above break even long-term. Anything below 60% and your account gradually goes to zero $. It is not a "super high return" like this shyster says. Please do NOT risk all your capital on a single options trade like this salesman says... you WILL mathematically lose your whole account in a a single trade. At max, you should be risking no more than 1-2% on a super high risk and low R:R trade like this.
The 40 delta position is very aggressive. A 20 delta would be a way to get less risk and increase the probability of being a win (but creating a smaller return).
Learn the top 3 trade setups we are using on the desk here: bit.ly/3SF2qW0
Seth, I'm not sure why you neglected to mention that after the 2018 crash, the put credit spread was fully underwater at max loss for some quite significant period of time, while the SPY revisited lows. That makes this "PCS at Crash Strategy" a quite adventurous options trade indeed! And it makes your selection of a 6 month expiry a critical feature in the structure of this trade that ought to have a bit more emphasis.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
It was run by “Jessica Lee Horst” who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
Jessica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Great Video, Thanks a lot!
Thank you Seth 😊.
Thanks Sir.
Question when using the macd what would you say is good numbers to use? 12,26,9
I know I saw a video you guys posted and thought I saw you said 3,9,12.. any help would be appreciated
Es and nq futures
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.
That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.
I'm new at this, please how can I reach her?
I'm happy to see Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.
I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much
Thank you
what if the price keep going down and reach your sell put options strict price? what would you do if this situation happen?
It would have been a max loss (at least it's a defined loss rather than selling naked puts). This would have happened with this strategy in 2008 as the SPY went down for 18 months.
Roll out further if you can. Otherwise get assigned and try to sell calls
Would it be beneficial to sell a credit spread 6 months out without spending capital on buying calls?
Seth tell us what did you trade when Vix jumped to $60 last week. So we can see you did catch it. It’s easy to look at history and talk. Do you guys know there is a saying “ if something seems too good to be true, it probably is not true”
Seth, the video did not address this issue: During last week's VIX spike many of the brokerage platforms for retail investors, including mine, were uselessly inoperative at the very moment this PCS trade would have needed to be placed. How do you suggest that problem should be dealt with - i.e. what can be done about not being able to place this trade at the right time? Would it have been too late, once the VIX had died down, the SPY had begun recovering, and the trading platform was working again?
This is where I feel like these backtesting-driven videos sometimes present overly rosy scenarios, by overlooking real-world issues that are crucial to the analysis.
You cannot do anything. All retail platforms have in their T&Cs things to cover from unexpected downtime. The worse that can happen is for them to get a fine, but retail investors won't see a cent. Find which brokers stayed up and move to one of them (I know tastytrade stayed up - and Seth has recommended it in the past).
Short squeeze indicator
But if every time it rallied, then why not just buy call or long the stocks, that will make much more than selling the puts.
The benefits of the credit spread are the defined risk, high probability of expiring out of the money and the lower capital needed. You are right that one might make more profit with the options you mentioned, but at the cost of taking more risk.
@@FourTetTrack But u can always set stop loss to limit risk.
@@tomc3130 a stop loss is not guaranteed to trigger at the specified price. If the drop happens while the exchange is closed it will trigger at whatever price it opens which could be significantly different.
Please check this at your broker as otherwise you might get a nasty surprise.
@@tomc3130stop limits are not guaranteed. If the price tanks while the exchange is closed, in a few ticks, or the broker is slow to execute it, the stop loss can be triggered at a far lower price than the one set.
I bought 3 528 puts friday before Monday morning i sold them at open. I gave all my gains back through draftkings sports betting 😅 and getting crushed on 0dte puts every day since
It´s not possible to build up the credit put spread in that panic moment, because of large spread betweem BID and ASK price. I saw it on ES this August on "black Monday". BID price was 55 and ASK was about 355 - everybody were buying "rescue" PUTS. The first option was to build call debit spread, the other option was to wait a few hours for the prices to equalize again.
The real issue is what can be done with short put options position that are already open.
I think prop trading is calling my name
7:10🤣💩
Hard to profit when they shut retail brokers down… just saying
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, using the user name
@Stewart340 💯 ..that's it
Take that $20k from the credit spread and buy calls and you make $millions
making $28k weekly profit regardless of how bad it gets on the economy. 😊❤>>
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultan
She is Lindawestley❤
I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.....
I'm new at this, please how can I reach her?
She is active on the
TE LE GRAM
This is a $2.91 risk to $2.09 reward trade. Or, $0.72 reward for taking $1 risk. This strategy needs above a 60% win rate to be above break even long-term. Anything below 60% and your account gradually goes to zero $. It is not a "super high return" like this shyster says.
Please do NOT risk all your capital on a single options trade like this salesman says... you WILL mathematically lose your whole account in a a single trade. At max, you should be risking no more than 1-2% on a super high risk and low R:R trade like this.
The 40 delta position is very aggressive. A 20 delta would be a way to get less risk and increase the probability of being a win (but creating a smaller return).
Or flip a coin and leverage
great video, thank you so much!