And just to remember not even 20 years ago this sort of knawledge used to be locked behind a 5k course by some dude that got rich and popular doing this. Now we can watch this and it has molly jokes too. What a time to be alive.
@@BalkanManic yeah bud it’s the options. The option chains are ruining the economy! Obviously it’s not money that has been printed out of thin air that causes inflation.
My girl is looking at me, looking at my phone. I'm giggling to myself. She thinks I'm texting another woman. "NAH sweet heart, I'm just looking at options!" Not my most brilliant moment
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i think its better this way. I dont understand 70% of what he said either lmao but for people that actually do understand, it would be a pain to watch an hour long video instead of a 10 minute one. The rest of us can go learn more from the plenty other resources on the web before coming here, there is no barrier
Pinned this video down, helped me when I started some months back but I lost money because I was gambling the market by myself but then it is the most lucrative method I have now, since loosing my job this has been sustaining me
Hi, a beginner here and I get lost trying to understand the rudiments of this even watched several videos I tried gambling and lost some money but decided to wait a little
@@Noah-pj6tc Well well, I don't pretend to be a great trader of some sort but I am generating good weekly ROi from it. This is thanks to Mr Benjamin ravies, a pro who happens to be the man behind my success in this
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Dude I'm currently doing my degree in this and this video perfectly and so simply explains CCs and PMCCs. This is great. Hope to see more complex instruments. great animation. instant sub.
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Took a while for me to understand, and had to rewatch a couple times but I pretty much get it now. Also, this is the best video out there for understanding PMCC it's very entertaining and shows literally exactly how to do it on Robinhood, a lot of the other ones on youtube drag on too long. Thanks, Benjamin!
I have no idea WTH you are saying, but eventually it will all make sense . Ive been playing options for years, but only buying calls and puts like a noob. As a result, I end up winning big trades 5X-10X, 5-10% of the time and losing small trades 90X, 90% of the time. Definitely glad I found this channel . SUBBED!!
This strategy works great in times like these where the market goes up or sideways. But, I've been down this road 15 years ago. Using itm calls for this gives you more leverage, and even more risk, and is materially the same as selling an OTM put spread. Many traders here have never seen a bear market, but it will happen one day, and you'll get blown out. Happened to me. Buying a call with a 70 delta also means that if your underlying stock goes up alot, you'll still lose money because your short, closer dated call will be losing money at a faster rate. Not trying to discourage anyone, but this is not easy money.
Why not set up stop losses on both options and rolling when you hit a certain threshold, yeah that'll minimize gains but you just need to be right 51% of the time
Coming back on this video and thinking about how Ben thought there was no way CRSR would keep selling off. Pouring one out for Ben’s long CRSR position
Haha options are by far the most complicated financial product to understand...start with the basics and build a solid foundation first. Keep studying and everything will click for you at some point :)
rolling out almost got my schwab account flagged cant do it more than 4 times a week they put you on a goverment list or some shit. you're also the only creator i trust with investment education thanks bruh
I’m a fan of the call spread strategy for smaller investors but remember that if the strike is 40 and you sell your OTM at 60 then you’re actively hedging money off of your original strike and therefore your profit is destined to be capped at 20 dollars because it has to be between the 2 strike prices.
Late on this but that's not true. The call you buy at 40 will cost more than the call you sell at 60, which means your profit potential is actually less than $20 per contract 😭
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What’s it called when you buy a stock and it falls 90% and when you dump it, they increase about 400%??? That’s what I do. Not gonna brag but I’m pretty good. It’s kinda funny, not really though. More psychological degrading. 😅
Before you enter an option trade, you need to understand the exact risk profile of that position, the probabilities surrounding the likelihood of making a profit, and how the trade itself will affect your entire portfolio.
It’s get a little bit technical but this stuff is possible n fun with the right info. I started in 2022 however it wasn’t until 08/23 that I had my ah-ha moment and started really focusing on how I can win with my trades. I’m up ~313K in profit!
I have been doing PMCC for over a month now. I bought AMZN 2023 March $60 calls and selling weekly calls %5 above current stock price before market close on Friday. If stock price goes down a bit during Monday thru Thursday I just buy back OTM calls and sell more lower OTM calls to generate more cash but I always keep OTM calls %4~5 over current price.
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Hmmm, I feel like maybe a point is being missed, or just that I use it differently. Personally, it's a poor man's covered call, my notion is that it's all about the covered call otherwise I'd just do a regular diagonal spread or even a call ratio back spread. When I pick a strike for my short call, I personally always pick weekly and only pick a strike that will allow me to at least break even on my long call in the event that I do get assigned, I personally intend to let them go all the way to expire because I intend the premiums to be my income, so I have no intention of buying them back. Like that apple call at 115 for $1700, my minimum strike woulda been 133, less premium, but you don't eat a loss if you get assigned. That's my strategy tho, that's how I view the PMCC.
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That corsair call strategy aged like fine milk🤣 Best advice is to stick to the blue chip stocks they are your best bet. But other than that this video was very educational I didnt even know what delta meant good job!
Very good content i love how you crammed in a lot of high quality information in a short time, it makes it sometimes a little hard to keep up with but its definitely better than those super drawn out long ass videos and you keep your videos nice and light with some humor. Kudos!
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I think your delta spread is too thin on that example. I've seen others recommended a .4-.5 theta spread to be safer. That way your ITM call has more runway before the short call starts eating away your profits.
This video brings back memories of when options were mysterious and exciting, before all the gambling and mental health spiral 😂 Now the market just means tingly balls and the occasional heart palpitation along with consistent gains
Bought a DIS $165 LEAPS call a few months back, and picked up another one a few weeks after that. Selling $200 calls monthly. So far so good. Love theta farming.
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i learned about this strategy a while back and last week bought my first leaps on $AMD, found this video and pretty much confirms how powerful it is, if you can make between 1.3%-2% of your long call every week thats minimum 100% per year and draw that out over 5-10 years id be hard not to be a millionaire :)
This is my favorite channel on TH-cam. This shit is hilarious and informative and the only reason I know Jack shit about options. Now I’m only down 40% all time which is a lot better than my 80% that I was 😂
Love the PMCC - a strategy everybody should know and use regularly. Use a DITM LEAPS as your long leg and there might not be a more potent strategy out there. GREAT VIDEO as usual...
@@songlong4852 Yes, if you sell your short call OTM you should be at a profit if it gets assigned (assuming you sold it at a strike higher than your net cost basis). Example: Buy a $100 call for $52 when the stock is at $149, you'll want to sell your short call higher than $152 (or $152 - your short call's credit).
@@LincolnOlson idk how people can’t out perform the spy if you do .30 delta Tom sell call and get assigned your in profit and can just back right back the 100 shares do it all over again selling cover calls
@@songlong4852 Yeah, the hard part is you're capping your upside every time you sell a call.. Over the course of 10 years, if you miss the top 30 trading days in the market your return is 0%. Those big days are what drive returns.
late to find your channel and even later to find this video, but it's so unusual to see you actually giving tips on making money instead of jokes on how to burn it
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You've helped me understand these concepts pretty well, Benjamin, thanks. Sorry to see what happened to you amd and crsr trades though, they don't look like they've rebounded much since march.
I don't know if you are interested, but yes, he means BTC: buy-to-close, which is something that you would do after you'll have collected around 50% of the premium. That 50% is coming from the "general thetagang consensus" and a studio by tastywork. Why don't you wait till the end? Because while it's true that you are going to earn more and more premium in terms of residual percentage, that residual fraction is amounting to less and less actual dollars. So it's more just more efficient to free the capital and use it elsewhere. To recap, yes, it's a buy-to-close order, done for efficiency reasons.
trading in stock/forex has thought me so many lessons I got scammed countless times,its not really easy as a beginner ,mr Raini helped me in every part of my tradings ever since then I have been making good profits,just last week I made $18,000 I’m so grateful in just one week I have made a good profits as a beginner,reach him if you don’t mind,
I wish someone told me that I should worry more about profiting off my long call instead of making good premium with my short calls sooner. I'm trying to go pure theta gang over here and the stock market's not cooperating with me.
Stopped listening at 2:05. Delta is not a "probability of expiration". Delta is the dollar move ratio all other Greeks being equal. In this example, given the same Gamma, Theta, Vega, and Rho, if the price of the shares move $1 you can expect the contract to change about $0.65. Please understand what you're dealing with prior to dealing with leveraged products like Options. The quick way to price an expected move would be to see where a long strangle is selling. A long strangle is buying both a PUT and CALL contract at the same expiration and strike. The price you pay, less any intrinsic value, is as close to an expected move as one can quickly calculate. For real pricing, most firms have traditionally followed a Binomial Option Pricing Model for American style options and Black-Scholes Model for European style contracts assuming they're still following deterministic modeling.
Options lose value as time passes as well as if the underlying stock price moves away from the option strike price. Once it gets to 50% value of the original price you sold it at, it is best to buy back into the position because not as good of a time value to wait until expiration to get the other 50%
If puts are more expensive than the equivalent in a call, wouldn’t it be more profitable to sell puts? Or is this only good for owning shares of the underlying?
This is a good video, but it's inherently more complicated than just swing trading overnight options (granted that's very risky). But that's essentially what you're doing, it doesn't sound like it's hedged well. What you could do is find
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
Vivian Jean Wilhelm is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
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And just to remember not even 20 years ago this sort of knawledge used to be locked behind a 5k course by some dude that got rich and popular doing this. Now we can watch this and it has molly jokes too. What a time to be alive.
Thats why money is extremely inflated now and you cannot even buy a house without overpaying
@@BalkanManic yeah bud it’s the options. The option chains are ruining the economy! Obviously it’s not money that has been printed out of thin air that causes inflation.
@@BalkanManic No dumbass that's not how it works.
@@BalkanManic stocks is a minus sum game
No strategy can stay successful when it's widely known. Also for that reason no one would sell a successful method
I retained about 30% of what he just said but im 100% invested in this mans content
Lol same, it’s fucking great.
a lot of, lets see what ill teach myself from his videos today
no no! you want a 70%, not 30% doofus!
Same. Something about rolling around naked calling out for molly at coachella? Fuck it im in whatever hes on about.
buy low sell high.
My girl is looking at me, looking at my phone. I'm giggling to myself. She thinks I'm texting another woman. "NAH sweet heart, I'm just looking at options!"
Not my most brilliant moment
He ded
f
f
F
What's wrong about that?
I am gradually understanding these videos and I feel happy (portfolio is down 77%)
just get more loans and keep gambling
It's okay. Better than the avg regard portfolio down 98%.
Oh wait, I'm down 99% now..
Sounds like you're doing it correctly to me.
Cvr5m😢6v6cvccvcccccccvcbccbv
bro just put your money in the sp 500 you will be able to live off it by 50
“It’s so important to pick a stock that goes up” 🧠🧠🧠🧠🧠
nah. just do $Dash OTM 3 month long calls
$BAN $ANA
Big brain time
@@foof811 are you still alive over there?
@@PodRealoaded i was joking about $DASH
I understand 0% of this but I keep watching because it makes me feel smart.
Music was great too
Is easy , I making 100 every week with whs
@@crisc.g4513 how can i learn this? this video is too fast for me
@@Tatusiek_1 I didn't understand any of this shit, guess I'll stick to index fund
@@Tatusiek_1 I didn't understand any of this shit, guess I'll stick to index fund
The amount of information this video conveys while being humorous and entertaining is remarkable. Bless up
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oh boy I guess TH-cam wants me to start gambling with options since it put this amazing video in my recommended
Ohhh boi
Far worse ways to gamble
take it from me. options are great
"put" get that out of here - only up
Ah yes. I totally understood everything. Ahaha...
ummmmm...yessss....ahhhh
Just follow along🤷♂️
It will come, with time and headaches and hours of videos and/or reading
This video was Greek to me (hahaha) a month ago, now it makes 100% sense
@@fungdark8270 where can I start to understand the terms and basis of what he’s saying I got lost at about the 2:30 mark
This is the content the world needs
I'm just trying to get a WeBull sponsorship to pay down my margin balance
@@benjjjaamiinn made me lol, classic
@@benjjjaamiinn You want leverage? Buy puts on SQQQ, boom, essentially 300x leverage to bet on the spy AKA free money
@@benjjjaamiinn your wife and I can start an onlyfans to help pay your margin off, bro.
Update: nevermind now sexual content is banned from onlyfans
I think I speak for everyone here. make this content but an hour long so we can understand it
i think its better this way. I dont understand 70% of what he said either lmao but for people that actually do understand, it would be a pain to watch an hour long video instead of a 10 minute one. The rest of us can go learn more from the plenty other resources on the web before coming here, there is no barrier
I sped up the video because he’s talking slow 💀
NAH i have the attention span of a goldfish
@@josh16 GOD
LOL just google and study. thats why u dont have the money to just buy 100 or more shares of X stock to just sell calls... fking lazy
Thank you for teaching me the importance of buying stocks that will only go up! This advice has changed my life
Line go up
Definitely saving this for later. Ima come back to this when I’m sober. 😂
Same here 😂
4 beers = a lot of rewinding. Fuck man lol
@@Vividlol we've been chugging beer and able to discuss thia with friends
You still won't understand it....trust me
Did you?
Caveat: Make sure the call you sell is above the breakeven point of the call you bought in case you're forced to exercise.
'Good call'
Pinned this video down, helped me when I started some months back but I lost money because I was gambling the market by myself but then it is the most lucrative method I have now, since loosing my job this has been sustaining me
Hi, a beginner here and I get lost trying to understand the rudiments of this even watched several videos I tried gambling and lost some money but decided to wait a little
Is it true I won't be able to day trade without having my account above the PDT mark, so I will just swing trade right?
@@Noah-pj6tc Well well, I don't pretend to be a great trader of some sort but I am generating good weekly ROi from it. This is thanks to Mr Benjamin ravies, a pro who happens to be the man behind my success in this
@@Lilyoregon Great, this should preferably help me understand and earn from this I will like to shoot him a message.
Benjamin ravies(a)Gmai
Lcom...Is he taking commissions for trades?
Yes he is
Been here since 200 subs. This is an underrated channel that's gonna explode.
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Dude I'm currently doing my degree in this and this video perfectly and so simply explains CCs and PMCCs. This is great. Hope to see more complex instruments. great animation. instant sub.
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where do you go to get an education in this?
Took a while for me to understand, and had to rewatch a couple times but I pretty much get it now.
Also, this is the best video out there for understanding PMCC it's very entertaining and shows literally exactly how to do it on Robinhood, a lot of the other ones on youtube drag on too long.
Thanks, Benjamin!
Dude this video was informative and entertaining lmao "Scared to buy 99 Delta calls, only investment is a high interest savings account" 😂
Glad you enjoy my man!
This is above my personal misunderstanding tolerance.
That advice of inversing your CRSR call was brilliant. Thanks for the tendies.
It went down bruh
Were you just born a genius? This is the best basic explanation of spreads I've ever seen. Please do a follow up on other types of spreads!
I have no idea WTH you are saying, but eventually it will all make sense . Ive been playing options for years, but only buying calls and puts like a noob. As a result, I end up winning big trades 5X-10X, 5-10% of the time and losing small trades 90X, 90% of the time. Definitely glad I found this channel . SUBBED!!
“I can’t imagine a a scenario where Corsair continues to sell off” hahaha oh boy how wrong you were.
Yeah big oof there
like he said inverse his positions lol
Amd was spot on
F
This strategy works great in times like these where the market goes up or sideways. But, I've been down this road 15 years ago. Using itm calls for this gives you more leverage, and even more risk, and is materially the same as selling an OTM put spread. Many traders here have never seen a bear market, but it will happen one day, and you'll get blown out. Happened to me. Buying a call with a 70 delta also means that if your underlying stock goes up alot, you'll still lose money because your short, closer dated call will be losing money at a faster rate. Not trying to discourage anyone, but this is not easy money.
Thanks.
You seem like you know what you’re doing, how can I get started in making money to secure a future
@@A.B994
Work is investing…🤯
Y not do Apple for poor mans covered so it’s not gonna do that but yea ur right about bear market
Why not set up stop losses on both options and rolling when you hit a certain threshold, yeah that'll minimize gains but you just need to be right 51% of the time
Coming back on this video and thinking about how Ben thought there was no way CRSR would keep selling off. Pouring one out for Ben’s long CRSR position
ditto
Was right about amd tho
"F"
Yeah that was really unfortunate
Still hasn't gotten better XD
I’m literally an accountant and have no idea wtf I just watched - subbed immediately
Haha options are by far the most complicated financial product to understand...start with the basics and build a solid foundation first. Keep studying and everything will click for you at some point :)
rolling out almost got my schwab account flagged cant do it more than 4 times a week they put you on a goverment list or some shit. you're also the only creator i trust with investment education thanks bruh
The last part where he gave the advice to inverse those trades aged like a fine wine 👌😌 10:40
I’m a fan of the call spread strategy for smaller investors but remember that if the strike is 40 and you sell your OTM at 60 then you’re actively hedging money off of your original strike and therefore your profit is destined to be capped at 20 dollars because it has to be between the 2 strike prices.
Late on this but that's not true. The call you buy at 40 will cost more than the call you sell at 60, which means your profit potential is actually less than $20 per contract 😭
@@joeinnocente3945 You can make more than $20. You can make less. It depends on the extrinsic time value of each option.
brah, I learn from these and ur entertaining asf. Keep it up homie
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This format was surprisingly entertaining.
I like it.
Although I could barely keep up with the speed at which information was being dished out.
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why did he take down the other videos?
Listening to this man explaination motivated me to trade options for $100k expired 1d.
Wish me luck
What’s it called when you buy a stock and it falls 90% and when you dump it, they increase about 400%??? That’s what I do. Not gonna brag but I’m pretty good. It’s kinda funny, not really though. More psychological degrading. 😅
Before you enter an option trade, you need to understand the exact risk profile of that position, the probabilities surrounding the likelihood of making a profit, and how the trade itself will affect your entire portfolio.
Been in the stock market for 5 years. Options still don’t make sense to me. I hate myself for that
@@So.ladylike same 🤦🏼♂️
It’s get a little bit technical but this stuff is possible n fun with the right info. I started in 2022 however it wasn’t until 08/23 that I had my ah-ha moment and started really focusing on how I can win with my trades. I’m up ~313K in profit!
Awesome! My son has been long META and short TSLA using options. I know he paid his 1st house off and it’s a rental generating over $2400/mo.
Just found this channel, and couldn't be happier. Love it.
That Corsair position has aged well
I have been doing PMCC for over a month now. I bought AMZN 2023 March $60 calls and selling weekly calls %5 above current stock price before market close on Friday. If stock price goes down a bit during Monday thru Thursday I just buy back OTM calls and sell more lower OTM calls to generate more cash but I always keep OTM calls %4~5 over current price.
welp, my mans gonna have 100k subs in no time. Fr tho, high quality video, surprised you don't have more subs.
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That AMD inverse idea was the play
understanding rocket science and calculating planetary alignments is much easier than understanding all the "shop talk" in this video.
Except not at all
Welcome to a practical demonstration of "Jargon".
Shit rocket science? Gas go boom, toob go up. This shit? Its like he's speaking a dead language he learned out of a scroll some wizard handed him
I seen a bottle of Old E and it immediately brought me back to my junior high school days....😎
Old E in junior high? You definitely belong here
Damn this guy is honestly cool as hell. Keep it up man.
You are way to fun bro, glad I subscribed a decent time ago :P!
Hmmm, I feel like maybe a point is being missed, or just that I use it differently. Personally, it's a poor man's covered call, my notion is that it's all about the covered call otherwise I'd just do a regular diagonal spread or even a call ratio back spread. When I pick a strike for my short call, I personally always pick weekly and only pick a strike that will allow me to at least break even on my long call in the event that I do get assigned, I personally intend to let them go all the way to expire because I intend the premiums to be my income, so I have no intention of buying them back. Like that apple call at 115 for $1700, my minimum strike woulda been 133, less premium, but you don't eat a loss if you get assigned. That's my strategy tho, that's how I view the PMCC.
this is the greatest channel on this hellfire of an app
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That CRSR quip at the end was money in hindsight
I was only able to understand the first half of this video.
I struggled with the second half, but I still enjoyed it.
This is so unbelievably helpful.
That corsair call strategy aged like fine milk🤣 Best advice is to stick to the blue chip stocks they are your best bet. But other than that this video was very educational I didnt even know what delta meant good job!
Very good content i love how you crammed in a lot of high quality information in a short time, it makes it sometimes a little hard to keep up with but its definitely better than those super drawn out long ass videos and you keep your videos nice and light with some humor. Kudos!
So much quality information packed in with so much humor. Fantastic stuff.
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I think your delta spread is too thin on that example. I've seen others recommended a .4-.5 theta spread to be safer. That way your ITM call has more runway before the short call starts eating away your profits.
That's a good point. It really depends on how quickly you think the underlying will move in your favor.
This video brings back memories of when options were mysterious and exciting, before all the gambling and mental health spiral 😂
Now the market just means tingly balls and the occasional heart palpitation along with consistent gains
Also I’m v glad I got recommended your vids cause they always make my day
I'm glad to hear that! Making them helps me recover mentally from my option plays as well!
This is the first video about options I actually understood after weeks of just enjoying these sorts of videos
Now I know how managers feel when I describe their network issue to them.
Confused AF
Bought a DIS $165 LEAPS call a few months back, and picked up another one a few weeks after that. Selling $200 calls monthly. So far
so good. Love theta farming.
Thank you for your comment ,I will refer you to a commercial analyst and market guru to get a good profit in crypto and other digital assets________________
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i learned about this strategy a while back and last week bought my first leaps on $AMD, found this video and pretty much confirms how powerful it is, if you can make between 1.3%-2% of your long call every week thats minimum 100% per year and draw that out over 5-10 years id be hard not to be a millionaire :)
where is ur millions.. because im tired working in hospice for 80 hours a wee.. i mean antidepressants are free so tahts good
@@johnjonh4633 well like he said, 5 to 10 years
This is my favorite channel on TH-cam. This shit is hilarious and informative and the only reason I know Jack shit about options. Now I’m only down 40% all time which is a lot better than my 80% that I was 😂
Love the PMCC - a strategy everybody should know and use regularly. Use a DITM LEAPS as your long leg and there might not be a more potent strategy out there. GREAT VIDEO as usual...
Got a question if you get assigned aren’t you at a profit
@@songlong4852 Yes, if you sell your short call OTM you should be at a profit if it gets assigned (assuming you sold it at a strike higher than your net cost basis).
Example: Buy a $100 call for $52 when the stock is at $149, you'll want to sell your short call higher than $152 (or $152 - your short call's credit).
@@LincolnOlson idk how people can’t out perform the spy if you do .30 delta Tom sell call and get assigned your in profit and can just back right back the 100 shares do it all over again selling cover calls
@@songlong4852 Yeah, the hard part is you're capping your upside every time you sell a call.. Over the course of 10 years, if you miss the top 30 trading days in the market your return is 0%. Those big days are what drive returns.
@@LincolnOlson what if the second you get assigned you just big back in immediately so you won’t miss returns
You’re gonna blow up bro this vid is fire
Watching this a year and 3 months after it came out. I just enjoy Ben's commentary and insight.
late to find your channel and even later to find this video, but it's so unusual to see you actually giving tips on making money instead of jokes on how to burn it
Watching this in September, that AMD call would have been 🔥🔥🔥
Same lol
subbed! you described fairly intricate options strategy very simply! keep up the good work mane
Thank you for your comment ,I will refer you to a commercial analyst and market guru to get a good profit in crypto and other digital assets________________
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You've helped me understand these concepts pretty well, Benjamin, thanks. Sorry to see what happened to you amd and crsr trades though, they don't look like they've rebounded much since march.
what's that orange and white website to check the delta called?
6:45 when he says close position, does he mean buying the call back?? I thought it was best to let the call expire so you’d just collect premium
@@gleenallizwell2373 fuck off you scammy bumhole
I don't know if you are interested, but yes, he means BTC: buy-to-close, which is something that you would do after you'll have collected around 50% of the premium. That 50% is coming from the "general thetagang consensus" and a studio by tastywork. Why don't you wait till the end? Because while it's true that you are going to earn more and more premium in terms of residual percentage, that residual fraction is amounting to less and less actual dollars. So it's more just more efficient to free the capital and use it elsewhere.
To recap, yes, it's a buy-to-close order, done for efficiency reasons.
Good thing I revered that Corsair call
loving these videos man, seriously. viable important content and it's entertaining as fuck
Glad you enjoy my man!
Yo I learned more here than my whole uni business finance class
Man your videos are amazing keep it up
trading in stock/forex has thought me so many lessons I got scammed countless times,its not really easy as a beginner ,mr Raini helped me in every part of my tradings ever since then I have been making good profits,just last week I made $18,000 I’m so grateful in just one week I have made a good profits as a beginner,reach him if you don’t mind,
Man if you bought that AMD call like he recommended then you are really happy rn
But if you bought the recommended CRSR call you'd be very, very sad. (CRSR is down 29% from this video's release with 5 DTE on the Aug 20 Call).
@@JoeTheis eh you win some, you lose more. It’s the WSB way
Where do you check tge volayility????
I wish someone told me that I should worry more about profiting off my long call instead of making good premium with my short calls sooner. I'm trying to go pure theta gang over here and the stock market's not cooperating with me.
You were right, do the opposite of what you did on CRSR
Can you recommend your top gas station? Just purchased the gun.
7-11
@Benjamin I have some bad news about CRSR 😬
Robinhood traders hearing about the Greeks for the first time: 👁👄👁
nah fr im about to do some research about it
Ah yes, the greek.. robinhoods?...
randomly turned into watching boyz n the hood, love it
Glad I got this video recommended to me... excuse me while I jam to 'mask off '
This was dope! Subscribed 🚨💪🏾🙏🏾
Stopped listening at 2:05. Delta is not a "probability of expiration". Delta is the dollar move ratio all other Greeks being equal. In this example, given the same Gamma, Theta, Vega, and Rho, if the price of the shares move $1 you can expect the contract to change about $0.65. Please understand what you're dealing with prior to dealing with leveraged products like Options. The quick way to price an expected move would be to see where a long strangle is selling. A long strangle is buying both a PUT and CALL contract at the same expiration and strike. The price you pay, less any intrinsic value, is as close to an expected move as one can quickly calculate. For real pricing, most firms have traditionally followed a Binomial Option Pricing Model for American style options and Black-Scholes Model for European style contracts assuming they're still following deterministic modeling.
Made my go google at as well I knew options and some of the greek metrics but didn’t sound right yeah
what does he mean by your call hitting 50% profit @ 6:40
Options lose value as time passes as well as if the underlying stock price moves away from the option strike price.
Once it gets to 50% value of the original price you sold it at, it is best to buy back into the position because not as good of a time value to wait until expiration to get the other 50%
My reflex is too slow to catch the content of this great video, will try later.
Is this not a naked call? and they dont allow that on Robinhood.... im confused
Honestly, I prefer to just use a slot machine. Do with the old-fashioned way.
If puts are more expensive than the equivalent in a call, wouldn’t it be more profitable to sell puts?
Or is this only good for owning shares of the underlying?
I only play with 3k and make 100 to 500, sometimes 800 a week using market orders.
Idk what I'm doing, but I seem to have found a personal strategy.
can you teach me?
lol that corsair aged like fine wine
Rip that Corsair position...
Dude this channel is amazing for this info
This is a good video, but it's inherently more complicated than just swing trading overnight options (granted that's very risky). But that's essentially what you're doing, it doesn't sound like it's hedged well. What you could do is find
Seeing as how I don't understand jack, I think I'll stick to safe and stable value investing
wendys paychecks 🤣 i feel yah m8
Wendy’s b smackin cant lie
Okay i really been experimenting this weekend you finished it out thank you!!!!
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Vivian Jean Wilhelm is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
What websites offer historical IV's? I would like to YOLO some calls. Get rich or go broke trying
I don’t need to drink to have fun.
60k in at&t is $350 a month in dividends.
Just need $58,500 more to go.
Lmao
@@calebwilliams9331 stonks
Where has this channel been all my life
Thank you for your comment ,I will refer you to a commercial analyst and market guru to get a good profit in crypto and other digital assets________________
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