This dude is underrated. He’s way better than the big RUclipsrs. No biased just trading and making money. Some of these big RUclipsrs have the same mindset as retail investors and get slaughtered and are bullish at highs and bearish at lows. This guy has strategies to make money regardless of how the market is going! Big props homie!
Best video I've ever watched on RUclips regarding cash secured puts. Covers lots of aspects (choosing the underlying, delta, alternative option strategies, and more). Plz do more videos like this!
Z,that's an amazing, not over complicated explanation how to make money on the options. Pleas more videos with your proven strategies, and thanks Mr Z for your content!
You are awesome Z and you help more people than you know. Definitely the best financial channel on RUclips. I have 3 leaps on TSLA I’m currently up 32% they expire on 12/25 so I’m in no hurry to sell them. I have not sold calls against them yet and I’m not sure that I will. TSLA cash secured puts for $1000 a month is a great way to make money I should have been doing this before now.
Thank you for being thorough. Specifically, addressing American-style options that carry the risk of early assignment, especially with dividend stocks around ex-dividend dates. CSPs are my go-to.
Great video! Have learned so much from you Z. Love selling options on what I already have and on what I don’t mind having at my price point. Best trading/investing RUclipsr by far.
One flaw with selling calls after you're assigned a CSP is that the premium on the call will be much much less than what you initially see when you put on your CSP. So in your example at 9:07, realistically you will not see a $7.90 short call assuming youve been assigned and are now owning shares below the 250 mark from the CSP. This is only the case if you are putting both the CSP and the long call at the same time, but then you'll be exposed to unlimited risk if your calls are not covered to begin with
not really a flaw since you have no idea what the premiums will be at the time you want to sell a call. also, you are likely gonna sell a call when the market has rallied.
@@TheTravelingTradersure, if your calls are sold when the stock rallies back up above the csp strike then yeah that's the best scenario. I was just saying that if someone got assigned and immediately goes to sell calls, they will not be seeing the same premium as when they entered the CSP. It will be much lower at that point bc the call strike is much further away. Which is why I said that the premium you showed as an example wouldn't hold when the CSP gets assigned. Also, there's a chance that the market goes deep ITM for the put option in which case it becomes a long waiting game to allow the stock to rally above the strike you bought it for, especially at a 30 delta call. Would you sell calls then? Even if it's below the strike you bought it for? Just think that people should understand these risks too.
@@TheTravelingTraderso sell the calls on the days TSLA is up and the puts on down days right? Any tips on what % up or down or day of the week or time of day you could add to this great video? Thanks 🙏
Shit I had no idea I was missing out on interest on my cash/sweeps, even while it's being deployed in a CSP trade?? That adds up quickly and represents a substantial amount on 6-figures. Definitely need to research more on this topic. Thanks Z
Man im a nobody 20 year old looking to learn options trading and have no clue where to begin or how to properly learn what to do😂your 60 second explanation on options brought me here
that is addressed in the video in detail...I think. also, don't limit yourselves. just because one doesn't have the money for a CSP now doesn't mean they won't forever. set a goal and get there.
He told you in the video, there are cheap stocks for these strats if you can't afford the mega caps. And he also says, if you're in the stock market YOLO'ing 2 grand, don't.
🔥 Apply to Mastermind 2.0 here: thetravelingtraderacademy.com/mastermind_2
Absolutely.
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I came across it on
This dude is underrated. He’s way better than the big RUclipsrs. No biased just trading and making money. Some of these big RUclipsrs have the same mindset as retail investors and get slaughtered and are bullish at highs and bearish at lows. This guy has strategies to make money regardless of how the market is going! Big props homie!
I appreciate that brother!
I feel no need to follow any other channel. His channel for me clearing the concepts in bits and pieces which not covered by the commercialized one's.
Best video I've ever watched on RUclips regarding cash secured puts. Covers lots of aspects (choosing the underlying, delta, alternative option strategies, and more). Plz do more videos like this!
Appreciate that comment fam
thanks alot , please do make more of these videos, very informative
Z,that's an amazing, not over complicated explanation how to make money on the options. Pleas more videos with your proven strategies, and thanks Mr Z for your content!
more coming!
You are awesome Z and you help more people than you know. Definitely the best financial channel on RUclips. I have 3 leaps on TSLA I’m currently up 32% they expire on 12/25 so I’m in no hurry to sell them. I have not sold calls against them yet and I’m not sure that I will. TSLA cash secured puts for $1000 a month is a great way to make money I should have been doing this before now.
thanks for the kind words Ben
Thank you so much Z! Enjoy your travels!
My pleasure!
Another solid video Z! This is super great info on selling csp's and management is very well explained. I didn’t want it to end!
glad it helped!
Stunning video!!! I almost forgot about SWVXX. Thanks for reminding!! Keep up the solid work!
for sure! gotta keep earning that yield!
Thank you for being thorough. Specifically, addressing American-style options that carry the risk of early assignment, especially with dividend stocks around ex-dividend dates. CSPs are my go-to.
Very welcome!
Great video! Have learned so much from you Z. Love selling options on what I already have and on what I don’t mind having at my price point. Best trading/investing RUclipsr by far.
always appreciate your view Hans
Brilliant, thanks. Your videos are always so informative.
🙏🏼 happy they help you
This was really good.. I really like your practical videos..Much appreciate!!
You're very welcome!
Z if TSLA is up near resistance in a particular month do you skip selling Puts until it drops back closer to a support level or sell one anyway?
Superb stuff, Z! Thanks very much!
Glad you enjoyed it
One flaw with selling calls after you're assigned a CSP is that the premium on the call will be much much less than what you initially see when you put on your CSP.
So in your example at 9:07, realistically you will not see a $7.90 short call assuming youve been assigned and are now owning shares below the 250 mark from the CSP. This is only the case if you are putting both the CSP and the long call at the same time, but then you'll be exposed to unlimited risk if your calls are not covered to begin with
not really a flaw since you have no idea what the premiums will be at the time you want to sell a call. also, you are likely gonna sell a call when the market has rallied.
@@TheTravelingTradersure, if your calls are sold when the stock rallies back up above the csp strike then yeah that's the best scenario.
I was just saying that if someone got assigned and immediately goes to sell calls, they will not be seeing the same premium as when they entered the CSP. It will be much lower at that point bc the call strike is much further away. Which is why I said that the premium you showed as an example wouldn't hold when the CSP gets assigned.
Also, there's a chance that the market goes deep ITM for the put option in which case it becomes a long waiting game to allow the stock to rally above the strike you bought it for, especially at a 30 delta call. Would you sell calls then? Even if it's below the strike you bought it for?
Just think that people should understand these risks too.
@@TheTravelingTraderso sell the calls on the days TSLA is up and the puts on down days right? Any tips on what % up or down or day of the week or time of day you could add to this great video? Thanks 🙏
@@macharlem there is no fixed % up or down. at some point you can't avoid learning technical analysis.
Great video Z! I've learned so much from you! Thank you!
you're very welcome!
Excellent video!
Adding more videos like this would be great!
will do!
I'm over a year watching all of your great videos as soon as they are published!
thanks for your continued support bro
You making $ tho ?
@@kendcey no, we only deal in Monopoly money...tho
I love all your contents
You are class apart. The way you have explained is marvelous.
Thank you sir 🙏🏽
What's the fund family you choose through TD?
Wassup Z. What do u think about the call roll strategy? If that’s even something that’s u would care about, would u put video out explaining it?
Shit I had no idea I was missing out on interest on my cash/sweeps, even while it's being deployed in a CSP trade?? That adds up quickly and represents a substantial amount on 6-figures. Definitely need to research more on this topic. Thanks Z
yup, they've been shafting us haha
14:45 that why Z is a living legend
i appreciate you saying that fam
I have both QQQ and TSLA. Which one is better for long term growth selling CC. With Premium reinvested?
Historically TSLA but do your research
Excellent video
Thank you very much!
Thanks!🎉
Z, You are the man! ❤
💪🏽
Great information!!
🙏🏼
Do you earn the yield on the account value? What if you get assigned and the stock goes up?
it's in the video
Brilliant 🎉
❤️
Can I get a leap and sell call or puts against it?
It’s in the video
fire content 🔥 👌
thanks fam!
oh yes options videos
Thats top g stuff!!
More options strategy videos!
coming!
@@TheTravelingTrader thanks Man. Can you also get into rolling covered calls👍
Man im a nobody 20 year old looking to learn options trading and have no clue where to begin or how to properly learn what to do😂your 60 second explanation on options brought me here
Any reason why you don’t do weekly options selling instead?
You can. I prefer bigger premiums on TSLA
I don't know how to do options
@thetravelingtrader can't you just continue using your money in the margin account to trade? Why lock up that minimum ($4k)?
Margin yes, collateral no
One risk factor on CSP is if TSLA goes to 210 and stays there after you are assigned to 250 CSP, you will be stuck for sometime
Watch it again
Roll it further down. And make sure its a stock you wouldnt mind being assign on.
Hottest trader around !
Lol
More more more!!
Thank you so much for this. Made a lot click
Im gona save this video and watch it everyday til this makes sense
💪🏽🤝
We don’t deserve this guy. Thank you!
humbled fam
NKLA is mooning
So to do that I need to have at least 100 shares?
For calls yes, for puts no - hence the name cash secured puts
Just like 25 grand for the secured cash
it's clearly explained in the video
🚀🚀🚀
🙏👌
I don’t like these sale pitch video’s. You make it sound so easy but it is not
Sales pitch? Lol. Read the rest of the comments genius
Strategy is good but the average person isn’t going to have above 10k to play with I think.
that is addressed in the video in detail...I think. also, don't limit yourselves. just because one doesn't have the money for a CSP now doesn't mean they won't forever. set a goal and get there.
Not everybody can use this method it takes a lot of money to have cash secured options😢
He told you in the video, there are cheap stocks for these strats if you can't afford the mega caps. And he also says, if you're in the stock market YOLO'ing 2 grand, don't.
gj