How to Grow a Small Options Account l Options Trading Secrets 📈

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  • Опубликовано: 26 ноя 2024

Комментарии • 463

  • @samdsm3321
    @samdsm3321 3 года назад +72

    Tony
    These webinars are so educational
    You do have a great team

    • @OptionsPlay
      @OptionsPlay  3 года назад +4

      Thank you Sam! Happy to have a great team.

    • @kydouu
      @kydouu 3 года назад

      @@OptionsPlay qq qipas qqq

    • @partyfavors9238
      @partyfavors9238 3 года назад

      @@OptionsPlay What is the best timeframe for this strategy? I am new to trading and I have putting the work in to learn. I have a full time job so I don't think I can day trade. But I think swing trading would be perfect for me though if that's what you consider a new trader to do and who works full time. Please get back to me ASAP!

    • @tamtamjab
      @tamtamjab 3 года назад

      @@partyfavors9238 if you play options your best time frame is 15min, 5 and 1 min fir entry and exit

  • @Billclint-i8f
    @Billclint-i8f 2 месяца назад +197

    Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.

    • @DillonMcgaha9
      @DillonMcgaha9 2 месяца назад

      My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.

    • @randettawolf
      @randettawolf 2 месяца назад

      I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, 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 a invt-coach for over 2years+ and I've netted over 1.5million

    • @phill-s3s
      @phill-s3s 2 месяца назад

      Controlling my portfolio cost me 7 figure losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

    • @CheriFanizza
      @CheriFanizza 2 месяца назад

      I've been thinking of going that route, been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you inv-coach could guide me with portfolio-restructuring

    • @phill-s3s
      @phill-s3s 2 месяца назад

      ‘Grace Adams Cook’ is the licensed advisor I use. Just research the name, you’d find necessary details to work with a correspondence to set up an appointment.

  • @Rigbully
    @Rigbully Год назад +24

    We all know how rewarding it is to trade options, and getting a good ROI is very much attainable if you know your way around it. Good video pal.

    • @Skypuffxl
      @Skypuffxl Год назад +2

      I don’t know how possible it is as I've also been trying my hands at trading but haven't made any headway. Just bare losses. How do you go about it?

    • @Rigbully
      @Rigbully Год назад +1

      @@Skypuffxl I know that learning the ins and outs of trading is not for everyone. Personally, I trust Herman Jonas, an astute trade analyst who has helped me spread my funds in the option market in a way that is bringing me returns!

    • @Kantor895
      @Kantor895 Год назад +1

      I don’t make that much, but I sure do make enough. However, it will not be a bad idea to hear from a professional. Are slots open for new traders?

    • @Baptisizm
      @Baptisizm Год назад +2

      Being green to trading can feel intimidating to research and pick profitable trades on your own, I felt that way too. But with Sir Herman’s help, I’m doing that effortlessly, with outstanding results.

    • @Andale856
      @Andale856 Год назад +1

      @@Baptisizm Thanks for pointing this out. I usually skip past these. Also, how can I get across to him? How quickly does he respond? I will be patient though.

  • @LivingisGiving
    @LivingisGiving 3 года назад +9

    Thank Tony.
    I trade these credit spreads already, but your presentation opened my eyes even more.
    Will try the 30 day trial

    • @OptionsPlay
      @OptionsPlay  3 года назад

      Glad to hear that, let us know if we can help with anything else!

    • @subwaymirdif
      @subwaymirdif 3 года назад

      Please share your experience of the 30 day trial.

  • @williamamodeo1197
    @williamamodeo1197 3 года назад +7

    This is actually something useful for me thank you !!!!! I always watch you on options action. You’re a bright mind to say the least.

  • @shaunglendinning
    @shaunglendinning Год назад +1

    Excellent webinar Tony! Much appreciated.

  • @trick58
    @trick58 3 года назад +14

    This is FILLED with great information on getting started. Really great snd timeless stuff, Tony. Thank you.

    • @OptionsPlay
      @OptionsPlay  3 года назад +1

      Thank you for watching Rick!

  • @BrokenNat
    @BrokenNat 3 года назад +3

    This information is free, and i learnd a shit ton.... im subscribing. THANK YOU!!!

  • @worfganbitterlich3825
    @worfganbitterlich3825 Год назад +163

    Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of it. Not surprising negative market sentiment is so high now, We really need help to survive in this Economy.
    The fin-Market;s have underperformed the U.S economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $172k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

    • @hellenalexander4192
      @hellenalexander4192 Год назад

      You have to get a financial-advisor/ broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.

    • @benjaminmas2606
      @benjaminmas2606 Год назад

      @@hellenalexander4192 I agree, my profit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long story short, its been two years now and l've gained over $185k following guidance from my investment adviser.

    • @worfganbitterlich3825
      @worfganbitterlich3825 Год назад

      @@benjaminmas2606 Who is your investment adviser please, and how do i get in contact with her.

    • @zoejonathan8710
      @zoejonathan8710 Год назад

      @@benjaminmas2606 who are you trading with

    • @benjaminmas2606
      @benjaminmas2606 Год назад

      Her name is Debra Bryant Taylor, You can look up her name on Google and reach out through her page. She Understands the job perfectly

  • @christiancurby
    @christiancurby 3 года назад +7

    Thanks Tony, I missed the live session today but I am glad to get this today. I had my first significant loss today so…!

    • @OptionsPlay
      @OptionsPlay  3 года назад +1

      We all go through that, make sure you use it as a learning experience to prevent it going forward.

  • @Alfy47
    @Alfy47 2 года назад +2

    Woow, I have no words to express my admiration and thanks for this exceptional video for beginners!!! You are doing a great job in this channel !! I am watching all your videos. Huge thanks !

  • @bradtaylor8624
    @bradtaylor8624 3 года назад +8

    Love this. And not even a credit card required for the free trial.

  • @jnanakshatriya668
    @jnanakshatriya668 3 года назад +3

    thanks Tony! This is the safest option trading strategy. Some people are bundling this and selling this knowledge for a very big price. Good job !

    • @OptionsPlay
      @OptionsPlay  3 года назад

      Glad it was helpful!

    • @trff5746
      @trff5746 3 года назад

      i mean he is selling u to use his platform....

    • @jnanakshatriya668
      @jnanakshatriya668 3 года назад +1

      Yes. The fees is good compared to value it provides. Have you shopped around to see how many youtubers charge in monthly fee for this knowledge? Rip off.

    • @trff5746
      @trff5746 3 года назад +1

      @@jnanakshatriya668 ? why wud u use utubers for knowledge?? when your broker will give it free and with live webcasts Q+A with td or schwab.....

    • @jnanakshatriya668
      @jnanakshatriya668 3 года назад

      @@trff5746 brokers dont recommend , they only state facts as it is. However if you see this video and some youtubers they help you understand clearly which strategy helps you best. Also here I think they find the best spread based on risk. It would take time for beginner to analyze on the trading platform. Also, I have not tried optionsplay yet. I will give it a try and if it doesnt work out then will move on. :)

  • @varun0547
    @varun0547 3 года назад +4

    Crux of the video is @ 12:36
    19:20
    29:20
    43:12
    47:00

  • @TheBodrey
    @TheBodrey 3 года назад +7

    Hi Tony. I'm new to Options trading. I've been watching a video series on Options trading and observed that the 50 Delta YOU advise using for selling Put credit spreads isn't always equal to the ATM price. Sometimes the strike price that correlates to the 50 Delta is ITM. Is it okay to select the 50 Delta strike price even if it's ITM? I don't recall the exact numbers but using your 1/3 width rule it worked out to a value of about 47%. Again, the sell leg of the credit spread was ITM. I guess the way you approach trading is different. Their method involves placing trades that have targeted POPs of 70%. However, it seems this results in net credits that are often less than your 1/3 rule. That's the tradeoff.

  • @ramonamason9987
    @ramonamason9987 3 года назад +3

    Just needed to say Thank you so much!

  • @jamescurry4628
    @jamescurry4628 3 года назад +4

    Thanks for the great video Tony, I've been watching you, and am a member of options play for a couple years now, the information and education you provide is Unbelievable.. Thanks for everything you do. I started with a small account but it isn't any more by any means lol.

    • @OptionsPlay
      @OptionsPlay  3 года назад +1

      Thank you for your support, James! Glad you have found OptionsPlay to be helpful.

  • @theophiliswalcott9208
    @theophiliswalcott9208 3 года назад +1

    Thanks toney im listning.

  • @opudo
    @opudo 3 года назад +1

    YOU are a very good teacher i will join the platform no one has done this for me I understand you, very good teacher

    • @OptionsPlay
      @OptionsPlay  3 года назад +2

      So glad to hear that, welcome to OptionsPlay!

    • @opudo
      @opudo 3 года назад

      @@OptionsPlay Thanks i have been losing trades but am really beginning to get a better understanding with your method of teaching

    • @lahatimuga6836
      @lahatimuga6836 3 года назад

      How do you join the platform?

  • @lslurpeek
    @lslurpeek 3 года назад +2

    Great video. I like the use of the stop loss. I need to consider the short put at a higher delta and not worry too much if it goes in between the short and long range.

  • @johnlin60
    @johnlin60 3 года назад +2

    I hope I can join the live webinars and ask you questions too. it's great video. the best credit spread with complete strategy. Thank you

  • @patrickj.trevenen1633
    @patrickj.trevenen1633 9 месяцев назад

    Outstanding video. Thanks

  • @htowntexwreck
    @htowntexwreck 3 года назад +1

    Thank you so much Tony. I'm learning alot from your RUclips channel keep the videos of strategies coming please! 🤘😎

  • @shirleyx5725
    @shirleyx5725 3 года назад +3

    Thanks Tony ! Excellent credit spread instruction!

  • @wan3478
    @wan3478 3 года назад +3

    You are the best, really helpful

  • @powerfulldavinciinvestment3367
    @powerfulldavinciinvestment3367 3 года назад +3

    Great instruction. Thanks Tony

  • @rosalinacilani5106
    @rosalinacilani5106 3 года назад +3

    Thank you so much.... AGAIN!!!

  • @Deestract
    @Deestract 3 года назад +1

    Awesome tutorial. Now I understand the call & put options. Very informative. 😄

    • @OptionsPlay
      @OptionsPlay  3 года назад

      Happy to hear you found it to be helpful!

  • @gracechan5345
    @gracechan5345 3 года назад +3

    Thanks for your lesson! Tony! I find this very useful!

  • @mickm4577
    @mickm4577 Год назад

    The next video.. Is there a link for they please. As a newbie to options is it better to focus on this strategy or the Wheel Strategy for income

  • @aking8477
    @aking8477 2 года назад +2

    How am I just now learning about this? Thank God for the internet. I would've never known

  • @Calelonthemove
    @Calelonthemove 2 года назад +1

    Great content. Very informative. Thanks Tony!

  • @lisatran699
    @lisatran699 3 года назад +2

    I love your videos so much they are so educational thanks a bunch. You earned a new subscriber. Your channel will grow so quick.

  • @jeffschmucker4780
    @jeffschmucker4780 Год назад

    Tony this was great and informative video. When you reference credit spreads can I assume you are only including short put spreads and short call spreads, and not iron condors?

  • @renjia3504
    @renjia3504 2 года назад +1

    Thanks Tony was about to trade with $500 dollars luckily I didn't after watching this video it was a big loser and I would only been left with $192. I've still got a lot to learn, but I'll definitely be watching more content

  • @jasondratman5584
    @jasondratman5584 3 года назад +1

    Tony ur the best... looks like the stock (X) struggled a bit and then ran up on earnings annoucement, how did it play out? thanks

  • @ramsharang.chetri3791
    @ramsharang.chetri3791 3 года назад +4

    Thanks Tony, I am very new in here, my question is when we bought debit spread or credit spread , we have to wait until expiration date or we can sell any time? Thank you ,,
    Ram ,

  • @tomjohnson7115
    @tomjohnson7115 2 года назад +1

    Very good instruction

  • @louisrodrigue
    @louisrodrigue 3 года назад

    Excellent video !! Is there a way to get the slides of the main ones about credit spreads for regular income money

  • @jennifertodd5335
    @jennifertodd5335 3 года назад +5

    1. I'm still learning :)

  • @carollhumenik3287
    @carollhumenik3287 3 года назад +1

    Thanks for your regular information videos, just keep up the great work going and all shibs lovers informed.

  • @billyolson6320
    @billyolson6320 2 года назад +8

    Every time is a good time to invest!
    Investment is n ot a game of chance or
    luck like the lottery, rather it involves
    critical reasoning, planning, and diligence
    and focuses on achieving the major goal
    (PROFIT). Notwithstanding, one should put
    into consideration that various externalities
    may occur during the investment period
    which could result in a high yield in profit or
    loss.

    • @kathylarson5377
      @kathylarson5377 2 года назад

      Investing in cryptocurrencies means
      facing great volatility. But that is exactly
      what makes trading cryptocurrencies
      interesting for certain trading
      instruments, such as CFDs (Contracts
      for Difference).

    • @julielopez1948
      @julielopez1948 2 года назад

      Anyone who wants to be successful in
      life should first have the mindset of the
      rich Spend less and invest more Don't
      give up your dreams

    • @craigrichards9104
      @craigrichards9104 2 года назад

      If you believe in the future then you will
      know that indeed Bitcoin is the fu

    • @tildawigren5086
      @tildawigren5086 2 года назад

      Sure it's wise to invest in Bitcoin right
      now than it was last two months ago.
      the rise and fall of Bitcoin do not bother
      you if you trade with an like. Mrs Dailey Carinn Stephanie.

    • @astridwigren7043
      @astridwigren7043 2 года назад

      She has been trading for me, her
      strategies are wonderful and she made
      me see binary and forex trade from a
      different dimension. I keep making
      profits weekly7. She has been trading
      for me, her strategies are wonderful and
      she made me see binary and forex
      trade from a different dimension. I keep
      making profits weekly

  • @chiomaizuwa3373
    @chiomaizuwa3373 3 года назад +1

    Yes this makes sense to me thanks. Chioma

  • @okiksotam6763
    @okiksotam6763 3 года назад +1

    This is my morning ritual. Anup daily vid.

  • @carolsisti7203
    @carolsisti7203 3 года назад +1

    Thank you so much for sharing your knowledge. Best in RUclips. You should have well over 100k subs. It’ll get there.

    • @OptionsPlay
      @OptionsPlay  3 года назад +2

      Thank you so much for all of your support, I really appreciate it!

  • @fuleung4296
    @fuleung4296 3 года назад +1

    Tony ZangVery good and clear infoThanks

  • @freE20121
    @freE20121 3 года назад +1

    Your videos are very helpful.

  • @LightningColletor
    @LightningColletor 3 года назад +4

    Hey man, I just wanna say how much I appreciate your content - keep up the great work. You'll hit that 100k subs soon!!!

    • @OptionsPlay
      @OptionsPlay  3 года назад

      Thanks!

    • @krisc7618
      @krisc7618 3 года назад +1

      Me too! I learn so much from you!

    • @OptionsPlay
      @OptionsPlay  3 года назад

      @@krisc7618 So happy to hear that!

  • @mattobadia
    @mattobadia 3 года назад

    amazing stuff. looks like a great platform. will definitely give it a try at some point next year.

  • @walterharris6311
    @walterharris6311 2 года назад +1

    Thank you 🙏

  • @BrittanyNebergall
    @BrittanyNebergall 2 месяца назад

    Excellent analysis, thanks! 👌 I wanted to ask something unrelated: 🤔 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Can someone explain what this is? 😅

  • @Clifford-v8y
    @Clifford-v8y 11 месяцев назад

    Question, since you seem highly intelligent and have been trading futures for 16 years plus how successful have you been have you made millions?? Or like some just into teaching the dream..

  • @jean-sebastiendesmarais6019
    @jean-sebastiendesmarais6019 3 года назад +1

    Thanks for the great lesson! When your stop gets hit, do you get huge slippage due to the spread on those contracts? Or is it usually pretty close on highly liquid options?

  • @fuleung4296
    @fuleung4296 3 года назад +1

    Very good info indeed

  • @chiomaizuwa3373
    @chiomaizuwa3373 3 года назад

    Thanks so much I will like to have a copy.

  • @mdhindsa9464
    @mdhindsa9464 3 года назад +1

    Thank you

  • @ChaplainDaveSparks
    @ChaplainDaveSparks Год назад

    To the person who asked for an explanantion of the math behind max risk:
    I used to find it confusing, until I looked at it this way. My risk is the difference between the two strikes, if my short strike is exercised and I need to exercise my long strike to cover it ... *BUT* ...
    I collected a credit, and let's assume I left it in my account to cover my risk. If the underlying goes through *BOTH STRIKES,* I'm on the hook for the difference, but I still have that credit safely in my account to cover part of it.

  • @josemeetsmoney8613
    @josemeetsmoney8613 3 года назад

    I have a question about the example on 20:16. X, Jul 30, $23.5 Strike Sell Put to Open and $20 Strike Buy Put to Open. The volume on those strikes are very low. Wouldn't we be better off waiting for the Aug 20 expiration?

  • @larrylove1
    @larrylove1 3 года назад +3

    Time to dig in no more waiting on amc 2 moon

  • @KpxUrz5745
    @KpxUrz5745 Год назад +1

    I believe that most traders would not succeed at guessing the general direction of the market in the next several months.

  • @andrewramirez5709
    @andrewramirez5709 8 месяцев назад +1

    Tony how you calculate max gain. Thanks

    • @OptionsPlay
      @OptionsPlay  7 месяцев назад +1

      Max gain is simply the credit received on a credit spread.

  • @subpop223
    @subpop223 3 года назад +1

    Many thanks Tony.

    • @OptionsPlay
      @OptionsPlay  3 года назад

      Any time

    • @subpop223
      @subpop223 3 года назад

      @@OptionsPlay Hi Tony, one of most small cap trader worry about of assigned from option exercise. The strategy when one leg sell ATM. Hope you can share some knowledge. In advance with many thanx.

  • @talkingbread2012
    @talkingbread2012 3 года назад

    Diagree on the bid ask spread being a major factor, it really depends on the stock. ETFs and really active stocks have a real narrow spread.

  • @justchilling_.
    @justchilling_. 2 года назад

    Thanks 👌😊🙏.

  • @cindyshi9532
    @cindyshi9532 2 года назад

    Tony, great video. How to set up stop loss order on think and swim?

  • @SakaRoemel
    @SakaRoemel 3 года назад

    UBER to $200.00 4x potential, another TSLA in the making
    with the American and world economy opening up, potential acquisitions, self driving cars and ambitious leadership
    This company stock is going to skyrocket soon.

  • @bill.Latham
    @bill.Latham 3 года назад

    Great video, would you have a video on "how to grow a small on debit spreads"? Thank You

    • @PìnnedbyAdmìn-w2t
      @PìnnedbyAdmìn-w2t 3 года назад

      Thanks for watching,,,
      Send a direct msg right away.
      👇👇👇
      What'sapp✚15109460811

  • @jeanphi0078
    @jeanphi0078 2 года назад

    Thank you very much for you very interesting and very informative dividend. I have one question concerning the stop loss , you said exit with a loss of 100 % of the max gain and in the example presented just after, you notice $2 max profit and $4 for stop loss, for me it should be $2 instead as it represents 100% of the max gain which is $2 thank you for you answer ..

  • @nickgullusci7829
    @nickgullusci7829 3 года назад +4

    1.25x sounds surprisingly normal

  • @fernando3061
    @fernando3061 Год назад

    I have a super small account but I'm only doing call debit spreads. My brain tells me that if there is no risk of assignment, and my chance of profit is high, then it's just an issue of scaling. I intend to experiment with leaps and covered calls at some point, but I have a very high success rate currently. I feel like what I'm doing is smart what are your thoughts?

  • @walterharris6311
    @walterharris6311 2 года назад

    Awesome video

  • @HarmeetSingh-jo3sg
    @HarmeetSingh-jo3sg 3 года назад +1

    Hi Tony, for the credit put spread what are the chances of being assigned the stock?

    • @scottli9012
      @scottli9012 3 года назад

      Yea, having the same question.

  • @edwardt733
    @edwardt733 3 года назад

    Tony, still don't understand setting the stop loss at $4.00 which you say is a $2 loss or 100% of max gain. Max gain is defined as width of spread ($5) minus the $1 (50% of max profit) = $4 max, correct?

  • @ChaplainDaveSparks
    @ChaplainDaveSparks 2 года назад +1

    Let me see if I understand this correctly: If I limit each trade to 2% of my account and a maximum of 5 trades, I can only trade 10% of my account? What about the other 90%? Keep it in cash, or what?
    Right now my account is ~ $6K and I have a single vertical spread with $150 risk. The rest of the account consists of stock and ETF position trades. If I liquidate ~ 10% of my account and use it to make 5 x $120 trades, I will be OK? Or is a 90% cash cushion needed for potential drawdowns?
    I've been studying various RUclips strategies, and I think liquidating a trade @ 21 DTE is the earliest suggestion I've heard. Is that for safety or to maximize profitability? IOW, will I make more by closing that trade to re-deploy that purchasing power in another trade to maximize theta (statistically)?

  • @gsandhu1549
    @gsandhu1549 2 года назад

    Tony, do you have any alert service , willing to pay for service, pls reply

  • @gojimarketingdevelopment1764
    @gojimarketingdevelopment1764 3 года назад

    hi, what tool are you using to draw the arrows, underline and squares etc in pink?

  • @Brandon-gw4ed
    @Brandon-gw4ed 3 года назад

    31:20 why is that your risk? Is it because after collecting "income" you leave the $3.34 in the stock?

  • @SolidBased
    @SolidBased 3 года назад +2

    Btw you DONT NEED A MARGIN account for level 3 on RH!

  • @sikanderkhan8383
    @sikanderkhan8383 2 года назад

    the spread plays become profitable after theta decay , exiting the 21 days before expiration will not able to bring a good return on credit spreads ,

  • @csl6094
    @csl6094 11 месяцев назад

    45:45 Etrade (Morgan Stanley) also offer OCO

  • @RussAbbott1
    @RussAbbott1 3 года назад +1

    Very nice webinar. Thanks! I have a question. Rule 3 for Sustainable Growth (46:00) says to exit at 100% of max gain if losing. The example shows a $2.00 max gain. Yet the stop loss is shown as $4.00 debit. But that's twice the max gain. How is this understood? Thanks.

    • @thekuz1982
      @thekuz1982 3 года назад

      I think he meant 200%, so a 2x stop loss.

    • @coltmosdef8604
      @coltmosdef8604 3 года назад

      Contact me for professional trade and management if having issues in the market and learn how to trade for yourself. Contact ☝️☝️

    • @nickt633
      @nickt633 2 года назад +1

      You receive a $2 credit for the spread, you set your stop loss at $4. If your stop loss is triggered you lose $4 - $2(Credit) = $2, which is 100% of what your maximum gain is.

  • @barrysteve9807
    @barrysteve9807 3 года назад

    Shiba is finally going up even more

  • @alexpoon9048
    @alexpoon9048 3 года назад +2

    Hi Tony, may I know why we need to exit 21days to expiration
    You said we exit trade if we got 50% profif, that means we are not going to have max profit for every trade

    • @caciocavalloster
      @caciocavalloster 3 года назад +1

      I was thinking the same thing. The risk-reward at taking only 50%of the max profit (100% of the loss) does not make this a viable strategy IMO. This will not hold up. Maybe someone can explain if I am incorrect.

    • @alexpoon9048
      @alexpoon9048 3 года назад +2

      Can someone explain, please.

    • @caciocavalloster
      @caciocavalloster 3 года назад

      @Opp1 Trading but this doesn’t work in order to be a viable strategy

    • @NotUpdated005
      @NotUpdated005 3 года назад +1

      Take the trade off at 50% profit because at that point you have less than 1/2 left to collect on the table in premium but still require the full buying power. It also dramatically increases your win rate (trades hit 50% win more often than 100%)
      At 21 days the trade accelerates either for you or against you - from day 45 DTE to day 21 DTE is roughly the best part of the Theta-decay curve to collect. This keeps a trade from turning from a 50% winner to perhaps a loser in the last 21 days.
      My preference is $5 - $10 even $20 wide collecting 1/3 the width and Iron Condors around the .16-.30 Delta.
      This guy is giving pretty good advice, I just prefer different delta. There is no free money and the best available 'edge' in options is being a net premium collector (option seller)
      If you think buying cheap options and hunting 5x-10x returns, is the right play 1) good luck long term and 2) you probably have a few thousand left to pay in your option education tuition.

  • @nebangoh6408
    @nebangoh6408 2 года назад

    Can you add AR and TM to the options report (please respond for confirmation)

  • @nothingtoseehere5760
    @nothingtoseehere5760 3 года назад +1

    Gorgeous. ty.

  • @edwardt733
    @edwardt733 3 года назад

    Tony, I have reviewed the video a couple of times but I am not understanding the setting an order to stop loss at $4.00 (100% of max gain) which is effectively a $2.00 loss. If max profit is $2.00, where does the $4.00 stop come from? Is this the result of the width of the spread ($5), less the 50% of the Max Gain ($1) to equal $4.00?

  • @caciocavalloster
    @caciocavalloster 3 года назад

    Why is the report not found directly in the platform?

  • @laxmidahal8583
    @laxmidahal8583 3 года назад

    Thanks Tony. I am new to Option Play videos. It seems interesting. Is option play platform available in Canada?

    • @laxmidahal8583
      @laxmidahal8583 3 года назад

      @@Tyler_thrf Hello, My name is Laxmi. Are you working in option play?

    • @laxmidahal8583
      @laxmidahal8583 3 года назад

      @@Tyler_thrf Great. Thank you for doing a good work coaching others!! Please keep up!!

    • @laxmidahal8583
      @laxmidahal8583 3 года назад

      @@bowenmeryl7771 Great to hear. Thanks

    • @Karim.711
      @Karim.711 3 года назад

      Laxmi. Be careful connecting to anyone on here who isn’t Tony! Scammers at large

  • @rg-bx3ii
    @rg-bx3ii 3 года назад +1

    Hi Tony ,
    Because you share your knowledge with others God will give you even more wisdom and blessings, thank you.

  • @ATLJB86
    @ATLJB86 3 года назад +4

    I disagree with the 1-2% in risk management for a smaller account. Those are the rules for a larger account. With a smaller account you want to risk 5% per trade and take 2 trades per week. My strategy is buying calls or puts in the S&P 500 that are under $40. Let’s say you start out with 5k, “which is what I recommend to start” you would risk 5% which is $250. You would buy as many contracts as you can with $250. That’s one trade but you are taking 2 trades per week. Then you have defined risk management by only being willing to lose half of that. So if you lose $150 on the trade, you would then exit. Profit wise you would sell half on your contracts at a price target then let the rest ride but that’s more advanced. If you really want to grow a small account into a large account, I wouldn’t go the route of credit spreads as the profit is low. I do suggest it for beginners to get a general idea but not something as a long term strategy.

    • @flowerhour9539
      @flowerhour9539 3 года назад +1

      I like your idea. I'll have to give it a try. Thanks

    • @dmn7744
      @dmn7744 3 года назад +1

      yea ik plus spreads that last 45 days is such a long time, idk if he mentioned it but for you to make the money in the trade is if the contract expires worthless.

    • @ATLJB86
      @ATLJB86 3 года назад

      @@dmn7744 I’m not even trading stocks anymore… The money is in crypto

    • @dmn7744
      @dmn7744 3 года назад

      @@ATLJB86 There's no options in crypto :(

  • @Kwame2012
    @Kwame2012 3 года назад

    Great educational videos. Some websites have restrictions once you are out of the states. Will optionsplay work in Ghana?

  • @surajzdev
    @surajzdev 2 года назад +1

    An issue with credit spread is you have to wait until the expiration date to make a profit. The timing is extremely important. i.e. to make 50% of the max reward on the spread, you will need to wait at least a week before the option expires.

    • @MrYodog23
      @MrYodog23 2 года назад

      That's only a cons for traders who are successful consistently more than 60% of the time and your losses are consistently small. That scenario equals never happens.

  • @happymindset88
    @happymindset88 3 года назад

    Hi Tony, as Canadian which brokerage is the best to use. I have Questrade account. Is this compaible with the Option play platform?

    • @emmamindfullytrader5454
      @emmamindfullytrader5454 3 года назад

      # 👉investtwithhenry VIA TELLE GRAMS

    • @emmamindfullytrader5454
      @emmamindfullytrader5454 3 года назад

      I am recommending you to invest with henry on youtube , this is not just a recommendation it's something i have benefited from and willing to share with others ,he is broker who has helped a lot of students and investors i made 12k first week with him you can check him out or easily reach out to him with link in my first comment

  • @cyb5761
    @cyb5761 3 года назад

    Don't you need to be prepared if assigned on the short side? You can buy back your short option before assignment but your broker still may not let you do this method unless you can cover the possible assignment. This may limit the profitability it seems unless you have a lot in your account. If I want to reduce assignment probability I would have to sell way out of the money with strike price at maybe 20% below stock price. This makes for low premiums or I guess one would have to close option positions before assignment. Looks interesting though. I will paper trade a few times for sure to see what happens.

  • @nickrecchia6059
    @nickrecchia6059 2 года назад +1

    What is pin risk?

  • @huangxingyan
    @huangxingyan 3 года назад

    good stuff

  • @buddsidewinder7778
    @buddsidewinder7778 3 года назад

    impressive presentation.... i need to watch it a few times.... i'm just selling puts and calls at this moment

  • @CaptainOmega3
    @CaptainOmega3 2 года назад

    I opened an account but don’t know where to find the credit spread file?

  • @ronsmith7566
    @ronsmith7566 3 года назад +3

    I know one of the cut offs is 21 days to expire, but in your experience how long are you usually sitting in these spreads before tripping a limit or stop loss?

    • @thebinarysystem
      @thebinarysystem 3 года назад

      I would really like to see one of these trades setup in TD TOS.

    • @NotUpdated005
      @NotUpdated005 3 года назад

      Opening at 45 days until expiration and closing at 21 days until expiration - The average trade length is 24 days.
      These also line up nicely - the first week of the month the monthly options in the next month are 45'ish days away. The last week of the month will have these options down to near 21 days until expiration.

  • @gsandhu1549
    @gsandhu1549 2 года назад

    how i can touch base with you or Mrs. Maria , WILLING TO PAY FOR YOUR TRADE ALERT SERVICE