'Go Naked' - Finance Professor's Strategy for 208% Returns with Options
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- Опубликовано: 4 фев 2025
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I'm a finance student and I often disagree with my professors on trading strategy but it's refreshing to see someone advocating for risk taking like this
Still, you HAVE to take risks but you still got to have a serious statistical edge... It's all about professionally measuring your risk
This is one of the best Rising stars that I have seen. I pay less attention to delta and theta, but keep a close eye on my buying power usage, so that I do not blow up my account.
Love this interview he is so right… no class teaches you how to actually invest and trade
I was lucky my finance professor wrote our derivatives textbook and our Dean was an options consultant for the CBOE.
I connect with what he said. I have a degree in Finance and all it amounted to in my school was accounting. We had one stock course and somehow the professor still figured out a way to turn the whole class into an accounting class.
Guao!, You guys always make me realize how big is the opportunity that we have of be our own boss plus listening to you guys inspired me to improve myself
These rising star traders are the motivations that can fire you up to stay with it, persevere.
Also do you have a copy of his spreadsheet?????
This was great. Would like to see more of this guy, more in-depth into his strategy.
Tom & Bobby - Great episode! Thanks, Love it. Can you guys post link to Market Measures Research from Tasty Trade which is referred here (there are so many published in the site!) and also a copy of the spreadsheet if Bobby willing to share? Regards
New Rising Stars? Wow, it's been a while. Love it!
Awesome strategy Prof. Gaines it's become my main trade for income generation and working great 👍
Shout out from another options trader and soon soon to be PhD from Alabama!
Sweet Bobby!! Only now found this interview! Great interview
Nice content. Didn't understand what he meant about deltas around @16:00 mins onwards. What is short 300 delta and and what is 0.0015% times net liq?
Finally the Rising stars is back!
Great conversation! Thank you for the inspiration and the education.
I ❤️ ❤️ this story! I actually need help on my gm option uggg. I’m gonna join live in am. This is my time!! Think I already said that 😂
15:29 so, is that a mistake (music) or creative censorship?
Very educational. Can you guys actually show the strategy on the paper. selling naked put, and what to doi with dfebit spread. also what is $150 /100k portfolio
Very interesting strategy, glad to see Rising stars back
great video!! any videos you recommend for managing deltas?
Bobby: Can your strategy only be done with /ES options? Or could it also be done with SPY options (if you are not authorized for futures trading)?
Thanks for this lovely session! Loads of love from India!
Amazing story! Such an inspiration to all traders, investors, and anyone looking to improve themselves! 🍒
I saw you guys the first time on a RUclips documentary about the 1987 market crash.
@13:56 no, it shouldn't. Should we change the 1st? the 5th? Which should we change?
Nice! Really sth I do, but really worth to look closer. And, yes, tasty support is the best over the world!
Nice stuff as always. Thank you so much for posting.
Outstanding edition. Nice work.
beautiful fantastic work great job.🍷
This guy is great 👍!
Very educational strategy , but new trader can not understand, I think if Professor can explain with example , what is delta limit 0.015 and 150 for 100 k
Love Rising Star!! Thanks for the new episode!
This was phenomenal, thank you!
For the newbies...would it be possible to explain a little bit more the strategy on the naked put paired with the debit spread put with 50 points long?? at the end the naked put is not hedged at all, no? the vertical put will not protect him if ES drops dramatically....
As you get more of these on and create a full campaign, you can take the naked put off for 50% profit or more and have a free hedge in place with the put debit spread.
Awesome episode, loved it!
Where do we find these “constitutional” tastytrade rules? Like where’s the pdf?
This is amazing. Thank you so much for this.
Thank you for bringing it back
So it's just a ratio spread 1:2 but two different short strikes and all deep otm. There you can also just trade the short put deep otm.
And Margin is huge. Not possible to get good annualized risk reward.
Minute 23. Is the debit spread at or out of the money?
Out of the money
I got in cop at 122 what can I do do I sell calls
Finally a new one.
Great video sweet bobby
If you want a shock, see what Bobby now charges for his time and templates of his spreadsheet! He doesnt need to trade stocks if he can lure in enough people buying the products. Tom is probably not aware of this.
Thanks for sharing the story, it’s amazing
How do I join the PISSED?
great interview.
thank you...this was awesome
Love to hear your story Bobby! If you could share that spreadsheet, that would be a godsend for newish traders like myself! Also curious to hear about how he manages trades gone wrong (thats hard to do with tho it seems)
The link to the spreadsheet is in his Discord group. Discord channel link could be found in his About Tab: ruclips.net/user/SweetBobby
@@michaelernst9124 wow thank you for posting this 🙏
Today I’m a Bobby fan , we should be able to follow him on the platform!
Thank you
Great content as usual guys. On a side note, I used to be an EMT and I don't like the color of Toms skin, it could be the screen but I suggest Tom gets checked by his doc, just sayin, hope all is good!!
great content thanks
What word are they censoring in the video?
Did the professor said sell naked puts ?😁
@22;22 Helllooo! BOBBY Strategy
Hellloooooooo Ladies! 😅
"so anyway...there I was...getting my toes cut off and trading options like a madman"
Great, but if he is shooting for 25% the taxes on that are going to be a lot higher than buying and holding for a year. If you get a "normal" SP500 year of about 10-12% or best case a 20% then that's a lot of work to maybe make the same or even less after taxes. I would be interested to know if he made a better return on his C Fund with the SP500 than with the options. I m guessing the point was to still do that and be able to spike it with options, but maybe it's better just to do the SP500 and forget it. All the strategy ideas and that one is old and boring, but works. Dollar cost average into the SP, maybe sell calls on it if you want to try and spike it some.
And I get 1256 tax treatment on futures options.
Good Stuff
Great story!
Sounds like a great trade strategy
Why am I now discovering tasty trades?🥺
Very nice Bobby! How many DTE do you have on your naked puts and put debit spreads?
I think he said 45-60 days
Great story
Most of my trades are defined.. and I’m losing money. It sounds like I should just go more undefined, in order to manage losers a lot easier. What’s the perfect ratio of defined vs undefined trades to have on? Is there a market research on that?
Each one of my trades has an undefined component.
Tons of content on that, I personally recommended “building blocks of a portfolio” by tastytrade, it’s on RUclips and is an entire series devoted to any questions you may have including risk defined vs undefined allocation
the most money ive lost on trades has always been on defined ones
Can you explain his strategy in more detail using SPY? He sells a PUT, say Sept. Then he buys a PUT spread. Can you give examples of strikes prices just to show the strategy? Thanks.
For the Put spread that he buys, it sounds like we should be a combination where you pay half of the credit that you got for the put that you sold or better
Look up ratio spreads
example: i used /ES for Sep (52dte), sell a put for a credit at around $20.00 (around 0.09 delta when i looked), then buy 50 wide put spread for debit of around $10.00 (3700/3650, around .25 & .21 delta). This effectively makes his trade a $10 in credits. When i looked at the risk, it showed there was a 4.85% or so percentage of breaking even or 95% of profit. The adjusted way of how he does it was buying 2x puts at $10.00 each, making his pop around 96%, with the same credit. To find the put spread entry, just look for a $10 difference with a 50 wide strike difference.
If you wanted to reproduce this with SPY. Divide the $20 credit & $10 debit by 10. Risk and POP should be just about the same. I only used /es because at the end of the video he said he switched to e minis. And i guess he is looking for around a 65% profit before he closes the trade (unless there are other things showing on his spread sheets that make he want to close early).
Buys 360 Put in sept
Sells 355 Put in sept
Sells 350 Put in sept
But he makes sure that the 360/355 debit spread costs half of the credit received so he gets an overall credit on the whole position.
@@adrianmunteanu3757 not sure the debit ps covers the sells of a lower strike put… the 350 pit strike will cost less… sure of the strategy you mentionned?
Nice story !
Bobby Gainz 💪
This is great
It took me 16 min to realize that it'is a sales pitch. Sorry, I'm a firsttimer on a "tastytrade" channel.
A piece from "Momentum Masters":
Do you ever use margin or options to leverage your trades?
Zanger. I never teally started to make money in stocks until I quit playing with options. Rookies love options, wich is why they stay rookies.
Minervini. Not anymore. I used to use margin when I firts started trading. I traded options early on, but I feel there's too much working against you with options.
TY
Would love too see this spreadsheet
I don't get it. Why sell a $20 naked put and hedge it with a $10 debit spread in front of it. He could just sell a $10 naked put farther OTM. His strategy outperforms this only when his debit spread is ITM...
That little profit tent comes in handy more often than you would think allowing you to make greater than 100% profit based on the credit received.
I'd give up a toe for 200% on a meaninful portfolio LMFAO.
Heck yeah! 😂
I would love to see a poll among your successful traders about how much *TIME* they invest, on average, into trading.
There are so many people out there with _"systems"_ they'd love to sell you who claim they got rich just spending and hour or two a day doing trading. I'd love to know how realistic some of those numbers are.
Do they just put trades on _"auto pilot"_ by placing opening, closing, and stop loss orders all at once? Sort of like those _"fire and forget"_ missiles that the military uses?
BTW, I learned the hard way about *_GTC_* stop loss orders. They are apparently good until cancelled *OR* until some fixed time limit has expired. I do some _position trading_ working with *QUARTERLY* charts and some of my longer held positions dropped precipitously recently and I discovered that my stops had expired and I overstayed my welcome holding them!
I hope you all know how much I appreciate that there's a community out there that can make me blowing up a 10k account be something we all do sometime along the way
"Then you put your big boy's pants on, and you sell your frst naked put" HAHAHAHAH loved it... I'm a psycopath like you, professor, only my broker won't allow me to sell naked puts...
"Neck'd puts"
Your better gain money if your last name is Gaines.
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It’s ironic how words can wake you up or put you to sleep…that guy’s boss pissed him off for the better
It is absolutely disgusting that I as a truck driver pay for lazy professors tell our young people not to take risk and teach.
I watched up until he said the constitution should be a living document.
Uh, it is a living document. Thank God we have the 13th Amendment! Dude, come on! 🤦♂️
Sweet sweet Bobby
Simple Strategy........Lol....Yeah right!
It really is, just takes twelve years to understand it! 😜
I love rising Star but trim down the videos you get better success
I’m trying to trim down my electrical services! 😂
He talked more about his doctor than trading.....not much info....sadly a poor episode.
Yeah, really? I gave you my entire plan. Maybe you don’t understand trader talk? 🤓
This guy bored me to death
This interview throws it back to the early 2010’s I love it! I’ve watched hundreds of hours of tasty trade and don’t plan on stopping anytime soon 🫡