COREECTION OFF BY ONE ZERO - SLIDE 11 - PMCC Strategy 2: Poor Man's Covered Call (PMCC) IBIT Buy LEAP on IBIT Allocate half of your BTC ($10,000) to LEAPS Buy $50 strike out 2 years Cost $10 per option, so you can buy 100 LEAPS (100 contracts) If you sell monthly calls at $55 for $2 against your 10 LEAPS, you could receive upto $2K a month if you time it right!
The 50 strike leaps 2 years out go for 25.00 = 2500 per leap X 4 = 10K. You can sell 4 calls per month at 55.00 strike. They go for 4.20 each X 4 = 1600 per month.
Question could you hedge downside risk also buy purchasing half the amount of puts 2 years out at 50 strike and then selling monthly puts at 45 to finance them. I guess you risk assignment but the long puts have you hedged. This would be a way to just benefit on premium collection monthly. This might work for a person more interested in the monthly premium and less upside potential of the leap calls. Maybe this would be too complicated....lol
Saint James, you do not understand how you and the IA team have changed my family's life. In 2017 i almost died and was in hospital for over a year and in and out of hospital for years later. In 22 before the crash I found IA and followed your advice all through the bear. I am now a crab and have a retire on Sol bag. My families future is now a lot more secure. Thank you and Merry Christmas.🎉
The fashion advice for Seth Klarman was the BEST off topic comment 😅 max respect. James, thank you for all you do trying to teach us a set of Great Value lessons every day you make a video, we really appreciated.
@@InvestAnswers I believe your PMCC calculation is off by a factor of 10. 10k buy 10 contracts at $10 The quoted price of the options contract needs to be multiplied by 100 to get the cost per contract. You should know this being that you made your money on covered calls ;)
I love the fact that you are already “made” meaning you could retire to live your best life and not look back but you are still here! You want to help others like me that are still trying to figure it all out! I would give so much to have a private appointment with you to look at my net worth and approach to securing retirement so that I can enjoy my best life! I’m close yet so far away! I keep making mistakes that I know you would not! Just a glimpse at my strategy and you could educate me and set me straight! Your mastery of the investment world is so obvious and inspiring that I just need to download your knowledge and experience and I would be set! Let me know if you would ever want to take a weekend off and experience what life is like for a journeyman plumber in Oklahoma! I would be forever grateful to have your opinion on my strategy!
I wish my parents would have taught me the financial alpha you teach your daughters. You're an amazing dad. I learnt everything by myself and made so many mistakes but also made gains. You have been the best inspiration, teacher, financial GOAT ever. I've come a long way learning from you James, and thanks to you, I have the tools and road map to get to where I want. Love you lots and I'll forever be grateful for the impact you've had in my life!🥰🥰🥰🥰
Hi James, Just a heads-up around the 10:40 mark - it looks like there might have been a mix-up with the numbers! You mentioned buying leap call options worth $10,000 instead of $100,000. My math is only at the 10th-grade level, so I don't trust myself too much. Could you please clarify, as I'm a bit confused? If it's a mistake, no worries - we all make them! Thank you!
Give yourself time too understand. Go back over the videos as many times as it takes. Also look for the basics explaining what leaps, options are and how they function.
James, I am 90% staked with SOL and your comments about limiting it to 10% due to risk got my attention. I thought there was no risk since I maintain custody in cold wallet...tangem. can you elaborate on risks in comments or a future video? Thanks, your content is gold!
There's a video on MSTR from a finance professor explaining how MSTR is a ponzi. I dunno if I believe it, but its worth a watch. Would love to hear James response to it.
Thank you James as always so much value..... just to comment on Gollaway and his blindspots, (Peter S. Buffett etc) when will these guys get over their egos??!!
is Robinhood the best platform to use for "covered calls" and the LEAPS? Any info on the classes yet for newbies on covered calls etc????? I know Jan is sold out....
@InvestAnswers A 0.5 delta on the LEAPS seems a bit low imo, wouldn't the LEAP perform more like the actual underlying with a higher delta, like 0.8 for example, also less decay...
Doing that PMCC exercise: the numbers just don’t work out for me, buying 1 contract on IBIT is $2580 Db and with $10,000 you can buy maybe 4 contracts not 100 as suggested … am I missing something?😅
Maybe you could do a vlog on all the terms you use, us complete beginners find it hard to relate or understand your knowledge and experiences in financial investing! Thanks 🙏
Hi James, been watching you from day one, no one no one has helped me as much as you. Your advice ,the way you talk in simple terms your knowledge unbelievable. I’m just a working class guy from down under accumulated one Bitcoin and 1500 sol.. unfortunately got scammed and lost the lot. I’m not blaming anyone but myself stupidity lack of IT skills. What I’m asking is how do I start again from nothing? Can you give me some advice please buddy? Once again thank you buddy you mean a lot to me.🇦🇺👍
James you are too modest so as per your request I won't thank you, did I just not thank you, I mean no thank you. Not thanking you but merry Christmas and a happy new year:)
Unless i heard it wrongly i am a little surprised at James on using atm leaps and selling calls against them - ie poor mans covered call. You need to have a delta of near 1 for this to work against short term sold calls otherwise you will run into a lot of trouble because the sold calls will end up in the money going against you but the leap will only be at 0.5 delta - big trouble.
19:27 It’s interesting that you attribute blind spots to Galloway on the topic of Musk, when others have pointed out that you too have blind spots on Musk and yet you seem incapable of recognising or acknowledging his flaws as both a human being and a businessman. (I don’t particularly like Galloway as I find that he’s 1) not as smart as he seems to think he is and 2) prone to arrogance in his views.)
James, can you please do an episode on JitoSol vs native staking? I just moved all of my staked SOL to JitoSOL since the yield is a bit higher and it seems a little bit safer since it spreads across multiple validators. Would appreciate your thoughts on this. Many thanks. You rock!
COREECTION OFF BY ONE ZERO - SLIDE 11 - PMCC
Strategy 2: Poor Man's Covered Call (PMCC) IBIT
Buy LEAP on IBIT
Allocate half of your BTC ($10,000) to LEAPS
Buy $50 strike out 2 years
Cost $10 per option, so you can buy 100 LEAPS (100 contracts)
If you sell monthly calls at $55 for $2 against your 10 LEAPS, you could receive upto $2K a month if you time it right!
Is this correct?
- 10$ per option is too low
- sell monthly 10 LEAPS, when you have 100 LEAPS, what to do with remaining 90?
How do you pay $10 per option for the jan15 2027 $50 strike?? At TastyWorks it's WAY more than that.
The 50 strike leaps 2 years out go for 25.00 = 2500 per leap X 4 = 10K. You can sell 4 calls per month at 55.00 strike. They go for 4.20 each X 4 = 1600 per month.
@@gtcstorm40 Tx thought I was missing something huge when I couldn't figure how to get to 100 leaps for 10k
Question could you hedge downside risk also buy purchasing half the amount of puts 2 years out at 50 strike and then selling monthly puts at 45 to finance them. I guess you risk assignment but the long puts have you hedged. This would be a way to just benefit on premium collection monthly. This might work for a person more interested in the monthly premium and less upside potential of the leap calls. Maybe this would be too complicated....lol
Saint James, you do not understand how you and the IA team have changed my family's life. In 2017 i almost died and was in hospital for over a year and in and out of hospital for years later. In 22 before the crash I found IA and followed your advice all through the bear. I am now a crab and have a retire on Sol bag. My families future is now a lot more secure. Thank you and Merry Christmas.🎉
@@jimmychoi7862 happy holidays
The fashion advice for Seth Klarman was the BEST off topic comment 😅 max respect. James, thank you for all you do trying to teach us a set of Great Value lessons every day you make a video, we really appreciated.
Thank you for all you do, best financial channel on social media, bar none
wow thank you so much
Thats not avtually Michael Saylor
@@polish2x91 I’m aware, it’s Ai
This is the way!
Happy Sunday, and Thank you James!
Same to you! Enjoy the rest of the weekend
@@InvestAnswers I believe your PMCC calculation is off by a factor of 10. 10k buy 10 contracts at $10 The quoted price of the options contract needs to be multiplied by 100 to get the cost per contract. You should know this being that you made your money on covered calls ;)
I love the fact that you are already “made” meaning you could retire to live your best life and not look back but you are still here! You want to help others like me that are still trying to figure it all out! I would give so much to have a private appointment with you to look at my net worth and approach to securing retirement so that I can enjoy my best life! I’m close yet so far away! I keep making mistakes that I know you would not! Just a glimpse at my strategy and you could educate me and set me straight! Your mastery of the investment world is so obvious and inspiring that I just need to download your knowledge and experience and I would be set! Let me know if you would ever want to take a weekend off and experience what life is like for a journeyman plumber in Oklahoma! I would be forever grateful to have your opinion on my strategy!
Good questions this week. Thank you James for your answers and educating the community.
Awesome! Great show again! Happy holidays to the IA family and to everyone listening today!
awesome info after 4 years you never fail to impress
Beyond a ton of priceless information! What a Sunday keeper!! Hope everybody has a safe and wonderful Happy Holidays fam!! ❤🎉👊💯👍
Thank James. I’m so grateful for what you do.❤
You have helped me find and go beyond my blind spots, thank you!
Thank you James, and the Team ❤ Cheers and safe holidays friends
Another Wonderful update of your strategies Thankyou James
Thank you James and the team 👍
I wish my parents would have taught me the financial alpha you teach your daughters. You're an amazing dad. I learnt everything by myself and made so many mistakes but also made gains. You have been the best inspiration, teacher, financial GOAT ever. I've come a long way learning from you James, and thanks to you, I have the tools and road map to get to where I want. Love you lots and I'll forever be grateful for the impact you've had in my life!🥰🥰🥰🥰
Fantastic video James!! The community asked every question I was hoping and you answered them succinctly w great clarity.
Thank you!!
Much appreciated James and IA community!
This was one of your best videos, thank you so much!
One of the best videos yet James. SUPER informative!
Thanks James! Merry Christmas!
Daughters are the best! Thanks for sharing that, have a not too dissimilar situation myself. Thanks James & IA Team.
I plan on tuning in on Christmas Day! My young self would never believe it, let alone New Year’s Eve. 👍
James, Thanks you, Thank you, Thank you for taking up my parrot refuge nomination. Much appreciated.
Thanks James, Happy holiday!
Same to you!
Great show as always ❤❤❤🚀🚀🚀 Thanks James & Team
Hi James,
Just a heads-up around the 10:40 mark - it looks like there might have been a mix-up with the numbers! You mentioned buying leap call options worth $10,000 instead of $100,000. My math is only at the 10th-grade level, so I don't trust myself too much. Could you please clarify, as I'm a bit confused? If it's a mistake, no worries - we all make them!
Thank you!
But buying 100 LEAP contracts at $10 would cost $100,000, not $10,000....
there are also no LEAPS for $10, 2 years out, NTM
he knows he sent notification on patreon
The 2 year leaps at 50 strike also cost 25.00. 2500 per leap X 4 = 10K. You can sell 4 calls per month covered by 4 you own.
Thanks James, you're the best. I definitely need to learn covered calls, leaps, perps, etc to make money.🥰🥰🥰
Dont ever think about perps, its best if you dont know about it. Lots of people here lost major chunk of their SOL bag.
We need a 'walk through' of this for sure!
Lets Marty's mom moderate DCA, maybe she can keep Marty quiet for a bit.
😱💀
Why questions about Solana dip are removed during the live stream?
Because SQLana fake volumes is not justified even for the current price.
A banger of a show! Thank you 😊
Thank you James! Stay safe always
Thank you very much James and mods, have a great Sunday 🎉
AND YOU HAVE A GREAT SUNDAY MATE ☺ 👍
Always learn something EVERY video. Love my KPM!
Thanks James! Always grateful,
Have a Great Christmas James, all the best to you and your family!
Thanks James and Happy Holidays !
Is anyone else completely lost when he talks leaps and calls and whatnot?
I must have a caveman brain.
Give yourself time too understand. Go back over the videos as many times as it takes. Also look for the basics explaining what leaps, options are and how they function.
Always continue to gain knowledge!! I did not understand blockchain years ago. I found a college that offered a full semester on blockchain.
Completely lost but I aim to understand this section of IA, in theory at least, by the end of 2025
Get ChatGPT or grok and ask them to explain whatever you don’t understand. Simple and effective.
I need chat GBT for this explanation
Happy Holidays James!
Thank you so much / you're the hardest working "retired" person in the WORLD
Awesome info! Thanks!
Love the question about getting daughters intersted in investing. Please more of that 😍😍
Great video, James!
As always your the best james
Is it possible for MARA to do as well as MSTR?
Great show ! Thank you !!
Another 5⭐️ show.🙏👨🎓
Amazing one !!! Waiting on the banana zone !
THANK YOU , JAMES
Thanks James, great show, how can a beginner like me learn about ibit, covered calls, and options? Great show as usual
What is Saylor's Bat signal? I remember James telling in one of the videos, but I can't find it now.
He tweets I think we need another green dot or something along those lines with a chart showing green dots everytime he bought
@@KC-qr3wk YES! That's it, thank you! I couldn't remember it to save my like. Thank you.
Your a valuable person, we're fortunate to have your insights on crypto 😉
Great video full of nuggets 👌
I’m Stacking TSLA and MSTR and BTC as my infinite money supply ❤
Thanks James ❤
Cheers James❤
How do you buy $10 options with a $50 strike 2 years out? On Robinhood I see $50 strike is $25.90 for 2 years out
Is that for Mstr?
@@guyhickson7332 For IBIT
@@guyhickson7332 no it’s for IBIT.
exactly, the math is off in the slide ...
Thanks James. Your smart.
James, I am 90% staked with SOL and your comments about limiting it to 10% due to risk got my attention. I thought there was no risk since I maintain custody in cold wallet...tangem. can you elaborate on risks in comments or a future video? Thanks, your content is gold!
love you guys!!!!!!!!!!!!! really, such an interesting time to be alive. I am very interested to see what 2025 brings
James! You are ahhh-mazing! Your edutainment is seriously an answer to prayers. Thank you! Thank you to the mods and team for helping us all out! ❤
THANKS LadyBoru 😊
There's a video on MSTR from a finance professor explaining how MSTR is a ponzi.
I dunno if I believe it, but its worth a watch.
Would love to hear James response to it.
I’ve seen these videos also and ℹ worry
What's his name?
Where to find the video
Have you got a link?
@@danharris7190 Not sure if links on blocked on comments but go here: My Next Big Trade for 2025... Market Moves - Matt Giannino
50:06 Should we expect “should i buy zeus?” episode? 😂 Thanks James, for you passion and effort to help people. 🙏 Also merry christmas to you all. 🎉
I would love to know your thoughts on MARA?
Mara and CLSK are attempting the same strategy like MSTR. Will see
Thank you James ❤
Thank you James as always so much value..... just to comment on Gollaway and his blindspots, (Peter S. Buffett etc) when will these guys get over their egos??!!
Merry Christmas to all.
James got it figured out y’all
Merry Christmas to all!!
James, tx for the info. Where I can learn more detail about this Covered Call Strategy ?
What is ATR?
Thank you James! = )
I want to know the next thing on the next bear market so I can buy it and youre pretty good, where should I join in order to just get that?
How can you "Once in a Century" play on MSTR!?
Think I need to join Patreon to learn more about this covered calls and options. Which platform, how to do it etc..sounds difficult for a new trader
Love your show
No NEXO💙?
I was super excited to hear your thoughts on NEXO from seeing it's logo on the thumbnail
Maby next time
I was surprised you hadn't mentioned this before. Should be a great cash flow
is Robinhood the best platform to use for "covered calls" and the LEAPS? Any info on the classes yet for newbies on covered calls etc????? I know Jan is sold out....
@InvestAnswers A 0.5 delta on the LEAPS seems a bit low imo, wouldn't the LEAP perform more like the actual underlying with a higher delta, like 0.8 for example, also less decay...
Thank you James, for the hopium
Doing that PMCC exercise: the numbers just don’t work out for me, buying 1 contract on IBIT is $2580 Db and with $10,000 you can buy maybe 4 contracts not 100 as suggested … am I missing something?😅
I must have missed something along the way, what is ATM?
Maybe you could do a vlog on all the terms you use, us complete beginners find it hard to relate or understand your knowledge and experiences in financial investing! Thanks 🙏
What is ATR? Is it available for patreons or is another service? Tks
Hi James, been watching you from day one, no one no one has helped me as much as you. Your advice ,the way you talk in simple terms your knowledge unbelievable. I’m just a working class guy from down under accumulated one Bitcoin and 1500 sol.. unfortunately got scammed and lost the lot. I’m not blaming anyone but myself stupidity lack of IT skills. What I’m asking is how do I start again from nothing? Can you give me some advice please buddy? Once again thank you buddy you mean a lot to me.🇦🇺👍
James you are too modest so as per your request I won't thank you, did I just not thank you, I mean no thank you. Not thanking you but merry Christmas and a happy new year:)
Unless i heard it wrongly i am a little surprised at James on using atm leaps and selling calls against them - ie poor mans covered call. You need to have a delta of near 1 for this to work against short term sold calls otherwise you will run into a lot of trouble because the sold calls will end up in the money going against you but the leap will only be at 0.5 delta - big trouble.
James we learned this lesson already
wishing you a great Christmas, a great 2025 record profits !!!
Thank you James for everything you do and how do feel about Elon’s lukewarm opinion on bitcoin?
Businesses like his cant afford the risk. He holds bitcoin, but not a large amount due to the risk.
I bet he personally holds some tho.
You could get early in AI to buy Palantir shares...
19:27 It’s interesting that you attribute blind spots to Galloway on the topic of Musk, when others have pointed out that you too have blind spots on Musk and yet you seem incapable of recognising or acknowledging his flaws as both a human being and a businessman.
(I don’t particularly like Galloway as I find that he’s 1) not as smart as he seems to think he is and 2) prone to arrogance in his views.)
Seth Klarmen….he needs a new shirt…lol. But seriously….outstanding content.
What's the good, bad, and ugly about MSTY?
Thank you fort this and everything that you do!
What is your opinion on $MARA & $MARO? Can they follow the same trajectory as MSTR?
Being aware of all sides doesn’t include blocking people you don’t like the opinion of.
James, can you please do an episode on JitoSol vs native staking? I just moved all of my staked SOL to JitoSOL since the yield is a bit higher and it seems a little bit safer since it spreads across multiple validators. Would appreciate your thoughts on this. Many thanks. You rock!
This entertainment is, with charts, very fun. ❤🎉
Does ibit accessible for non usa countries? Im from indo