Broke? $100 New Option Strategy

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  • Опубликовано: 19 июн 2024
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    Poor Man's Spread
    ----------------------------
    𝐋𝐞𝐠𝐚𝐥 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

Комментарии • 281

  • @Patricia-Margaret
    @Patricia-Margaret 7 месяцев назад +219

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

    • @Patricia-Margaret
      @Patricia-Margaret 7 месяцев назад

      @RyanGabriel9 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @Patricia-Margaret
      @Patricia-Margaret 7 месяцев назад +2

      @RyanGabriel9 I will give this a look, thanks a bunch for sharing.

    • @1roxtube
      @1roxtube 4 месяца назад +1

      You don’t need an advisor. They’ll rob you blind. Educate yourself on the matter. It’s not that hard. Then you will see that an advisor is truly not a wise decision.

    • @sophisticatedmorons
      @sophisticatedmorons 2 месяца назад

      I restarted my financial journey in my 40s, yes it takes consistent focused effort. and it's will yield results both financially and emotionally as the process grows.

  • @scottonerheim1591
    @scottonerheim1591 Год назад +60

    Just started trading options last Monday. I put in $425 worth and turned it into $1400. I am still wrapping my mind around it

    • @InvestwithHenry
      @InvestwithHenry  Год назад +5

      Great

    • @Fullcircleaccounting
      @Fullcircleaccounting Год назад +1

      Nice!

    • @elkompakikko
      @elkompakikko Год назад +1

      What platform are you using?

    • @scottonerheim1591
      @scottonerheim1591 Год назад +10

      @@elkompakikko I am using robinhood. I bought a 30 contract put option for Ford that Wednesday and also a 5 contract put for ares capital. Literally 20 minutes after market open on Friday I was in the money on both. I have since lost about $260 this week. Still learning

    • @ctavila75
      @ctavila75 Год назад +1

      Are you lvl3 on Robin Hood? If so, how did you get there?

  • @UrsulaInsurance
    @UrsulaInsurance Год назад +43

    Literally, on 6/09/23 Friday, I put $100 into an account to practice options. I bought an OTM for $44. It had a 6/23 expiration date. It immediately went up $11, but I left it for the weekend. By Tuesday,, I had $175, and by EOD the next Friday, 06/16, I had $362. I only bought calls and had a position 1-2 times a day. Now, I will practice a new strategy, but the first week taught me a lot.

    • @reynoldrobertson8275
      @reynoldrobertson8275 11 месяцев назад

      If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.

    • @bulamulafula3555
      @bulamulafula3555 11 месяцев назад

      what are you practing opinions on? what app or website?

    • @NirzyVids
      @NirzyVids 10 месяцев назад

      i would also like to know what you are practicing on

    • @shawnahtila8934
      @shawnahtila8934 9 месяцев назад

      i would like to know what platform...my software charges me $10 for each trade. this almost doubles my cost of a single contract option grrrr

    • @skellebone4635
      @skellebone4635 8 месяцев назад

      ​@@shawnahtila8934use Robinhood. No fees

  • @elghussein
    @elghussein Год назад +108

    Can we please get more of these broke people videos?

    • @ardiehudson3337
      @ardiehudson3337 Год назад +2

      😂😂😂🎉💯

    • @mrrbrown86
      @mrrbrown86 10 месяцев назад +1

      😂😂😂 yes yes yes! please show us so we can grow like the masters and build wealth for our families 👑👏🤙💪⚡

  • @ImaginationBlue
    @ImaginationBlue Год назад +1

    Loved it, thank you Henry. Very useful.

  • @SaxyTTV
    @SaxyTTV 8 месяцев назад +4

    Could you do a video for broke people but with option 2 trading. Im personally stuck at option 2 trading for another year, been watching alot of your videos and i love how slow you are explaining everything ez for me to keep track!

  • @tomricky1361
    @tomricky1361 11 месяцев назад +175

    This video deserves many accolades and life goes on. I was chatting with a lady a month ago and she was complaining to me how terrible her trading has been because instead of trading as an investor she was investing as a gambler. Trading online, whether its stocks, binary options, crypto-currency or forex requires accurate precision and analysing of the market and how a commodity works before trading. I also remembered telling her that trading and succeeding in any type of the above mentioned online investment scheme is all about strategy, signals, Witt and guts, a reliable and trust worthy broker like BettyJoSteininger. She handles my trade and releases profits when due. Her technique is mind-blowing.

    • @tomricky1361
      @tomricky1361 11 месяцев назад

      She's one click away.

    • @aat3tville181
      @aat3tville181 11 месяцев назад

      She lost for me and my friend maybe she gave my money to you?

    • @whtsap6461
      @whtsap6461 11 месяцев назад

      SJANEW 💯 ✅is her user name VlA T E [ E G R AM✅

  • @CodyCharlesMusic
    @CodyCharlesMusic 7 месяцев назад +2

    Executed 2 PCS on SPY today per your video! Up 66% already. I’ll close early tomorrow if SPY is higher or flat. Clear explanation

  • @jomanuelortega1013
    @jomanuelortega1013 Год назад

    by the way what are you thinki about Options Rollings. thanks

  • @megleyd
    @megleyd 11 месяцев назад

    you have been the best for strategy and explanation thanks

  • @mmirafuentess1990
    @mmirafuentess1990 Год назад +9

    Thank you Henry.
    (For some of us, please don’t skip any ads, I am guilty especially with the ads that of no interests to me because I have ADHD. Struggle is real, don’t know how I earned a degree.)

  • @dawnsasse7220
    @dawnsasse7220 10 месяцев назад

    Do you have a video on the type of robinhood account you need for this strategy? I could only do 1 option trade, it said you can only select 1 option

  • @frg2583
    @frg2583 10 месяцев назад

    i'm new to this channel i have already learned a lot. These are concrete actionable advices!

  • @justintyler9577
    @justintyler9577 Год назад +3

    Love the video, please continue to make small port videos and strategy’s!

  • @mybeloved4ever186
    @mybeloved4ever186 Год назад

    Thank you!❤

  • @chimchu3232
    @chimchu3232 9 месяцев назад +1

    I like long term dedit spreads as well, you can hedge a lot of the risk of buying single leg long options. I've had success so far buying in the money, with at least 6 months, and diversifying into a few different stocks. I like to take longer term positions so theta doesn't eat me alive if the market takes its sweet time making a move, and when you open a spread, your short leg counteracts a lot of the time decay from your long leg anyway. It reduces the cost basis as well so can can diversify into more assets instead of having your whole account in one call option

  • @UndefinedSolutions
    @UndefinedSolutions Год назад

    Thank you for sharing

  • @bluehorse1778
    @bluehorse1778 Год назад

    Thank you uncle Henry sharing... Fantastic... 🙏🙏🙏🍺🍻

  • @christieinfiniti
    @christieinfiniti 9 месяцев назад

    Thank you so much

  • @joshuamelendez2604
    @joshuamelendez2604 7 месяцев назад

    I follow everything up until buying the put. Robinhood won't let me click the plus sign next to the bid price. Why is that? Any help will be appreciated.

  • @kwamewiafe_akenten5534
    @kwamewiafe_akenten5534 Год назад

    This is great thanks

  • @MrCadongpa
    @MrCadongpa Год назад

    Thank you

  • @tommyho78
    @tommyho78 3 месяца назад

    How did you able to click sell and click buy, my account only let me click sell put, then when i click buy, it switch over

  • @hunterthomas5712
    @hunterthomas5712 Год назад

    Man, this was very informative, great job Henry. I appreciate ya big time

  • @garypolignone9923
    @garypolignone9923 Год назад

    Your graft shows all
    The plays sell & buys. Are you doing this with regular option call
    & sell or again using another option name play ??? For we need to know this . As you buy on Robinhood let’s say the graft doesn’t look like that n let t you play all these option in single chart ? Correct ?? & please again look at the video saying sell
    Palantir 8& & it’s cost 0.83 that 1.83 $
    NOT 800 $ for 1 option so yes lost already if your
    Correct ??
    Want to know how to do this properly how to we connect to understand this & go over 1 by 1 ???

  • @MENOFVALOR73
    @MENOFVALOR73 Год назад

    What platform are using to make those options trades

  • @ctavila75
    @ctavila75 Год назад

    What can i do if i cant upgrade to lvl 3 on robing hood yet?

  • @jomanuelortega1013
    @jomanuelortega1013 Год назад

    Thanks Henry for this kind of strategy. sound good but I will see.

  • @Unbox-me
    @Unbox-me 6 месяцев назад

    Henry,
    Should I roll or leave it?
    I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price $480. Huge loss. Does it make sense to roll, Just don't know what to do?

  • @khindani
    @khindani Год назад +2

    hey on ibkr it always requires margin like thousands of dollar even tho my max loss is like 200bucks, why is that do i need a margin account then?

  • @rjwren79
    @rjwren79 Год назад +3

    I do not have level 3 options yet. Is is possible to sell the put option in a separate transaction?

    • @derlijunior6402
      @derlijunior6402 4 месяца назад

      That’s what he doesn’t say. To have option 3 most of platform will require you experience on the market.

  • @MrWhiteTank
    @MrWhiteTank 10 месяцев назад

    How do you close a position?

  • @stephenoutram3926
    @stephenoutram3926 Год назад

    Do you have any tips on how to manage an index option iron condor? Im holding one that expires this Friday and the call side is going to be itm. I took on more risk than I should of. I have a couple of ideas on what to do but any advice would be great.

    • @tomricky1361
      @tomricky1361 11 месяцев назад

      Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.

  • @chrisscotney4124
    @chrisscotney4124 Год назад +4

    Thanks, Henry, just what I needed. I liked the video. We need more of these types of videos. Anything from 20 to 125 cost .I think it would be ideal.some of us are not from the USA, so robinhood is out of the question .a video on which other broker/ software is best would be good. Seen people use moomoo and webull. Keep up the good work it is appreciated

    • @ryanmichaelpower
      @ryanmichaelpower Год назад +2

      Interactive brokers or tastyworks

    • @JaneGMeyer.
      @JaneGMeyer. 11 месяцев назад

      If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.

  • @Soslot118
    @Soslot118 Месяц назад

    Thank you man

  • @JakeBogdon
    @JakeBogdon Год назад

    Did you close your position in PLTR and roll it, or did you close it all together?

    • @renjia3504
      @renjia3504 Год назад

      Don't get scammed by this guy Jake that's not really Henry, I'm sure you know I'm just looking out for a fellow trader

  • @christymilton6829
    @christymilton6829 Год назад +2

    would like to see more trades with this strategy, also would like to see many more ways to close options if I made a mistake starting out selling put or buy call or buying put. I started off doing the opposite before starting with your program and I'm still stuck trying to get out of it bc Robinhood has placed a warning on me as a pattern day trader bc my portfolio is below the recommended $20,000 day trade

    • @ardiehudson3337
      @ardiehudson3337 Год назад

      Pattern?

    • @tomricky1361
      @tomricky1361 11 месяцев назад

      Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.

    • @KFCRAMPAGE
      @KFCRAMPAGE 11 месяцев назад

      Use a cash account because trades settle overnight and you can trade again the next day with the whole account

  • @zeon3d755
    @zeon3d755 10 месяцев назад

    how do you close these positions

  • @johnnygamer9018
    @johnnygamer9018 3 месяца назад

    How do u select multiple options? I can only select 1 option at a time

  • @trev100
    @trev100 Год назад +8

    If you did this strategy consistently every month with a 70% chance of winning and a 30% return, wouldn't that eventually average out to 0? If you lose 3 times out of 10, you've given all your profits back for the 7 times you won. 78x3=234 22x7=154. How does the math on this work out? I think the only way to win is to close out your position as you approach the break even every time. Am I correct in thinking this is how you play this game? Edit: I should have continued to watch your "scenarios" section where you talk about closing/rolling the position as it approaches breakeven. Really enjoying your videos.

    • @jasonreviews
      @jasonreviews Год назад

      you have to be good at technical analysis.

  • @JAM3SY9
    @JAM3SY9 Год назад +1

    Can I ask, does Henry first have to hold 100 shares in PLTR before making this play?

    • @BronkoBanane
      @BronkoBanane Год назад +1

      No because its a put credit spread. You have to cover your Position with money.

  • @theworkinginvestor
    @theworkinginvestor Год назад

    Great stuff 👏

  • @jay_normile
    @jay_normile Год назад

    I must not be doing something right, I’m testing this theory with Webull paper trading and I put 221 into the account. I can’t sell a put if the cost to buy the stock is say 800.. am I doing it right?

  • @elkompakikko
    @elkompakikko Год назад

    What's the easiest platform?

  • @philochristos
    @philochristos 10 месяцев назад +2

    I was just starting to understand options trading when I start stumbling on spread trading. This video turned my brain to mush.

  • @bryantdotson4667
    @bryantdotson4667 Год назад +28

    Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for.
    Success depends on the actions or steps you take to achieve it.

    • @Ericafflerbach-xk2xu
      @Ericafflerbach-xk2xu Год назад +6

      That’s true. If you don't find a means of multiplying money, you will wake up one day to realise that the you thought you had, has finished. Investment is key.

    • @HenryChidi-sm9df
      @HenryChidi-sm9df Год назад +12

      Bitcoin is the future of the digital world, investing in bitcoin has made me financially stable. It is a pity that many people who are going through great difficulties have ignored bitcoin, while bitcoin can improve their financial situation.

    • @izikiluabdullahi-gd5kb
      @izikiluabdullahi-gd5kb Год назад +7

      Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future.

    • @JohnRobert-wm6jr
      @JohnRobert-wm6jr Год назад +6

      @@ComfortUdo-po4zp I will recommend Mr. Nicholas Marcus to you, His trading acumen is working for me right now and I am making good profit from bitcoin trading.

    • @JohnRobert-wm6jr
      @JohnRobert-wm6jr Год назад +3

      I have been earning a lot through bitcoin trading which has been the main source of my income.

  • @Pryda-Z
    @Pryda-Z Год назад +1

    What about the taxes we pay at the end of the year?

  • @Sjrick
    @Sjrick 10 месяцев назад

    ok i thought this video would help me and there is so much i just dont understand. I know nothing about puts and options. Do you have an idiots guide to puts and options by chance ?

  • @cory-ie4dw
    @cory-ie4dw 2 месяца назад

    Can this strategy be copied with a level 2 trading account?

  • @benspurgeon6273
    @benspurgeon6273 Год назад +16

    How is this a new strategy? It looks like a good ole put credit spread

  • @rkarnes66
    @rkarnes66 3 месяца назад

    I wanted to see how to close a position !

  • @jdu2584
    @jdu2584 Год назад

    How do you access the profit/loss chart after you establish the spread in robinhood? I literally write down the numbers. I wish I could have a visual chart to keep track of the position later on.

    • @JaneGMeyer.
      @JaneGMeyer. 11 месяцев назад

      If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.

  • @anthonys7534
    @anthonys7534 7 месяцев назад

    I’ve learned a lot from Henry’s videos as well other resources and am ready but Robinhood still won’t allow me to options trade….

  • @bulamulafula3555
    @bulamulafula3555 11 месяцев назад

    wht website is this on?

  • @1roxtube
    @1roxtube 5 месяцев назад +1

    I’m just a little confused on this strategy. How is it Just not a credit spread? What makes this any different. Is it just a cheap stock?

    • @Reno-ul4db
      @Reno-ul4db 4 месяца назад

      You're right, it's just a credit spread. I think he called it poor man's spread because it's cheap to enter

  • @Ecstatic_Scretchers
    @Ecstatic_Scretchers Год назад

    Just curious can this be done with multiple contracts?

    • @dragonrb1644
      @dragonrb1644 Год назад

      Yeah I'm also interested to know

  • @ZM1020
    @ZM1020 Год назад

    Where's the link to the discord? Thanks in advance

    • @InvestwithHenry
      @InvestwithHenry  Год назад

      calendly.com/invest-with-henry/option-income-academy

  • @microeconomics6725
    @microeconomics6725 9 месяцев назад

    7:06 $50 makes you $1000. (Fine print: there's a chance you may owe $8600)
    Like the video, and I suppose this isn't risly for Vegas

  • @nathane3892
    @nathane3892 Год назад +1

    If profitable do you let these close at expiration or once its at max profit do you close it manually?

  • @zackankilewitz8600
    @zackankilewitz8600 11 месяцев назад

    Thank you bro

    • @whtsap6461
      @whtsap6461 11 месяцев назад

      SJANEW 💯✅ is her user name VlA T E [ E G R AM✅

  • @amermadalou9281
    @amermadalou9281 11 месяцев назад

    question,, we (the poor traders) have only 3 attempts per week on most platforms, does this count 1 or 3 attempts?

  • @171717winner
    @171717winner 6 месяцев назад

    hi, how to join to your discord?

  • @kerrynelson7589
    @kerrynelson7589 Год назад +1

    I’m only a level 2 trader on Robinhood so spreads aren’t available to me. What is another option for me until I’m able to get to level 3?

    • @michaelpettitt8824
      @michaelpettitt8824 Год назад

      I'm also at RH Level 2, and they're deliberately vague about the requirements to move up. The only advice I can give is to make a few trades on a cheaper stock (I've heard around 10) and then try to upgrade. Barring that, try updating your investor profile. Indicating that you have more income, assets, or risk tolerance may help, as long as you don't lie.

    • @tomricky1361
      @tomricky1361 11 месяцев назад

      Betty Jo Steininger trades for beginners, non experts, those who do not have time to trade as well as those who have lost so much to trading. She can help you manage your account perfectly with her masterclass strategy. With average wins of 9 out of 10 also with over 96% accurate trading signals. You don’t need a degree, any experience or a lot of money to get started. Feel free to search her online.

  • @BlueAnchorDesignteam
    @BlueAnchorDesignteam 11 месяцев назад

    This was a great video

  • @adamswope9721
    @adamswope9721 Год назад +27

    Great info but no one with a small account will have level 3 options on Robinhood which is required to do spreads. Can you show how to do this with a level 2 options?

    • @uglyducklingfinance2023
      @uglyducklingfinance2023 Год назад +8

      I was able to get level 3 with a small account. You just need to talk with them on the phone

    • @adamswope9721
      @adamswope9721 Год назад +2

      @@uglyducklingfinance2023 hmmm...ok, I will give that a shot. What do they talk to you about?

    • @uglyducklingfinance2023
      @uglyducklingfinance2023 Год назад +1

      @@adamswope9721 they just ask if you understand how spreads work like credit and debit spreads. They will also ask how long you've been trading options.

    • @solofade7524
      @solofade7524 Год назад +7

      I have level 3.. started with 100 bucks lol

    • @izzythizzzy
      @izzythizzzy Год назад +5

      Hey, I was going to comment the same thing as the other guy. Try to activate it, it will probably get denied, and then set up a phone call meeting with them.
      I'll be 100% honest, if they don't give it you after the meeting then its probably for your best interest. Take time to relearn and try again within the next month. "Investing with Henry" and "in the money" RUclips channels taught me everything I needed to know to get to level 3.
      Good luck friend!

  • @michaelherman5697
    @michaelherman5697 Год назад +14

    This strategy requires a level 3 options account. The average "poor man" does not have that

    • @amermadalou9281
      @amermadalou9281 11 месяцев назад

      how many levels are there?

    • @Bryan_Hernandez69
      @Bryan_Hernandez69 10 месяцев назад +1

      I feel you bro ,I have only bought one call so gar and it wasn’t successful. I’m still learning how to buy good and cheap calls to make money. And eventually I will sell puts and do all that other stuff in the future.

    • @CodyCharlesMusic
      @CodyCharlesMusic 7 месяцев назад

      They call it that because it’s a cheap trade.not simply because “poor men” can do it. Robinhood will let you do level 3 with just a little education.

  • @dvk1773rtr
    @dvk1773rtr Год назад

    Henry, I did a cash secured put on spy today for 5 contracts at 411 and got assigned, how do I dig myself out of this?

  • @edentucker1326
    @edentucker1326 16 дней назад

    I understand selling the put - but I dont understand the logic behind buying the put to offset the loss.. What does that mean? how does that lower the overall risk for $700 to $78. I need a full logical explanation please.

  • @RealTalkCali
    @RealTalkCali Год назад

    Worst case scenario I get assigned and have to buy the shares at the strike price right?

  • @bonniemanard3951
    @bonniemanard3951 11 месяцев назад

    How do you close a put or option?

    • @whtsap6461
      @whtsap6461 11 месяцев назад

      SJANEW 💯 is her user name VlA T E [ E G R AM

  • @Fc-qi1vy
    @Fc-qi1vy Год назад

    THE BEST 👍

  • @bpayton76
    @bpayton76 7 месяцев назад +1

    How do you get to the discord channel?

  • @geomi3185
    @geomi3185 Год назад +2

    Henry I was watching Ben ( yield collector ) and he was talking about a discord you are in on one of his recent videos and I can not find a link to it . Could you post a link to it

    • @InvestwithHenry
      @InvestwithHenry  Год назад +2

      calendly.com/invest-with-henry/options-income-coaching-academy-yield-collector

  • @Pentawraith
    @Pentawraith Год назад +1

    Light mode burns my retinas please use dark mode henry. Thanks for the video :)

  • @benamigoldenberg1275
    @benamigoldenberg1275 Год назад

    Didn’t you say u r stopping selling puts on this market?

  • @roico75
    @roico75 Год назад +3

    New strategy???
    Just very old and known put credit spread.

  • @DavidHanks90
    @DavidHanks90 Год назад +10

    The problem for me is that I can't get Level 3 options so multi-leg strategies are off the table for me.

    • @dreaxedits
      @dreaxedits Год назад +1

      Same they dont let me upgrade wtf??

    • @DigitalDezinesCEO
      @DigitalDezinesCEO Год назад +1

      The same with me too! Im only on level 2. It doesnt make sense to make these only available to level 3.

    • @DavidHanks90
      @DavidHanks90 Год назад +2

      @@DigitalDezinesCEO I’m pretty sure the reason that Robinhood changed it is because of that kid that committed suicide because he didn’t realize what had happened and he thought he was like $700k in the hole when in reality it was just his spread settling after assignment.
      So they make it harder to do that, but they could have just made their interface work better in that situation instead of putting up a wall to everyone who is trying to grow a small account.

    • @stevemiller5467
      @stevemiller5467 Год назад +1

      You can still do each transaction separately. I would have kept the long position and rolled or closed the short. The old saying the trend is your friend.

    • @DigitalDezinesCEO
      @DigitalDezinesCEO Год назад

      @@stevemiller5467 Thanks. I will try this.

  • @johnnyrentas
    @johnnyrentas Год назад +1

    Excellent!

    • @InvestwithHenry
      @InvestwithHenry  Год назад

      calendly.com/invest-with-henry/option-income-academy

  • @garthmccarthy4572
    @garthmccarthy4572 Год назад

    Brilliant! Thank you Henry!

  • @BronkoBanane
    @BronkoBanane Год назад

    Hey Henry you have inspired me to start with option trading. I love to watch your videos. I came to the conclusion the best strategy for me is the good ol' wheel. But lately i've found a strategy that may suited better for me. Its called covered strangle. Whats your opinion on that? Covered strangle > wheel?

    • @yeeoaktown
      @yeeoaktown Год назад +1

      I like the wheel to! However when a big correction comes or a black swan event, the wheel is gona be broken(doesnt work) and you’ll need more capital. (Learned this the hard way)(bag holder here)

    • @BronkoBanane
      @BronkoBanane Год назад +1

      @@yeeoaktown thanks for sharing the negative side of the strategy. I hope it is an underlying that you are comfortable to hold. The idea with the covered strangle is to cost average down your shares if it happens more than ones and in the mean time you can sell covered calls.

    • @yeeoaktown
      @yeeoaktown Год назад +1

      @@BronkoBanane fortunately it is!

    • @yeeoaktown
      @yeeoaktown Год назад

      @@BronkoBanane definitely going to look up the covered strangle. Thanks

    • @yeeoaktown
      @yeeoaktown Год назад

      Opinion on synthetic long strat?

  • @tylerguffey4109
    @tylerguffey4109 Год назад

    the only problem with this for me is that I can only choose one option because i dont have option trading level 3 unlocked yet. so even if i do the cheapest options i can find that are somewhat safe it still is hard for me to commit 150$ because i just moved out of my parents place and started living on my own. so its very risky for me

  • @nsanderson100
    @nsanderson100 Год назад

    there is no discord in your information so why say it is?

  • @phentz15
    @phentz15 4 дня назад

    Do a synthetic long future with downside protection on spy wayyyyyy better risk to reward and perfect for fmoc meetings days

  • @Natures-fury
    @Natures-fury Год назад +1

    I like the strategies especially when people do $500 challenge.

    • @reynoldrobertson8275
      @reynoldrobertson8275 11 месяцев назад

      If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.

  • @bobbyb2725
    @bobbyb2725 11 месяцев назад

    How is put credit spread “new”?

    • @whtsap6461
      @whtsap6461 11 месяцев назад

      SJANEW 💯 is her user name VlA T E [ E G R AM✅

  • @doctorasl12
    @doctorasl12 Год назад

    I tried this strategy on a day trade (I know you advised against this). I bought options that would guarantee a return no matter what. I made $100 in one day. Thank you! Thank you! Thank you! I am using only this strategy from now on.

    • @kndelectables
      @kndelectables Год назад

      Hey! Anymore progress since then using this strategy?

    • @tomricky1361
      @tomricky1361 11 месяцев назад

      If you are tired of losing your money or having a quick depleted account balance, don't think that all hope is lost because there are still some good people out there. Guys she is legit, I mean Mrs Betty Jo Steininger. Anyone currently experiencing losses should reach out to her for assistance. Feel free to search her online.

  • @anontoprohor988
    @anontoprohor988 Год назад

    How to join with your discord.

    • @InvestwithHenry
      @InvestwithHenry  Год назад

      calendly.com/invest-with-henry/option-income-academy

  • @DanetteAguilar01
    @DanetteAguilar01 8 месяцев назад +5

    This is a great video, I learn alot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies. Thanks to Louise O'Brien for improving my portfolio. keep up with the good videos

    • @elfrenavilas.
      @elfrenavilas. 8 месяцев назад +2

      wow.. amazing to see others who trade with Mrs Louise O'Brien, i'm currently on my 5th trade with her and my portfolio has grown tremendously..

    • @JoelConger
      @JoelConger 8 месяцев назад +1

      I invest with Mrs Louise O'Brien too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

    • @Hamilton01
      @Hamilton01 8 месяцев назад +2

      With the consistent weekly profits I'm getting investing with Mrs Louise, there's no doubt she is the most reliable in the market. such a genius

    • @DanetteAguilar01
      @DanetteAguilar01 8 месяцев назад +3

      She's often interacts on Telegrams, using the user-name below.

    • @DanetteAguilar01
      @DanetteAguilar01 8 месяцев назад +2

      @INVESTWITHTAMYLOUISE that is her username

  • @wallyg8020
    @wallyg8020 Год назад +1

    I like videos where you teach people who are blind and no knowledge when it comes to options. Like my self I don't know what options is but slowly learning watching your vids and other RUclipsrs. 🍻

    • @garciabag
      @garciabag Год назад

      How much you lose?

    • @erikj2463
      @erikj2463 Год назад

      @@garciabag Try it out first on paper trading.
      When this gives, a good return, then you can do smal positions, with real money.

  • @drunkwolf2477
    @drunkwolf2477 11 месяцев назад +1

    Robinhood isnt letting me do more than one option at a time.

  • @jmj48
    @jmj48 11 месяцев назад

    I just dont get it, if i go leaps ditm how is this bad strategy ? Am long always.

    • @whtsap6461
      @whtsap6461 11 месяцев назад

      SJANEW 💯 is her user name VlA T E [ E G R AM

  • @derekphillips1039
    @derekphillips1039 Год назад

    And with webull you have to have a margin account to get level 3.

  • @daverozic
    @daverozic Год назад +2

    One thing I don't like about the videos I've seen so far is that you don't really talk about how many shares you need to do the option. For instance one video talked about making money with under 1000 dollars, but then you show doing it with Tesla stock, but you need at least 100 shares of it for 1 option and that's over $20,000 dollars you actually needed to do 1 option and the viewer does not see that because you had plenty of the stock already, so it looks like you can make lots of money with very little.

    • @gaberoberts6316
      @gaberoberts6316 Год назад

      that’s not how it works, while the contracts are 100 shares, the shares aren’t worth what the actual stock share is worth. you can buy tsla options for under 100 dollars depending on strike price and implied volatility.

  • @knm185
    @knm185 10 месяцев назад

    Wasn't this just a credit spread? What is different with the 'Poorman' credit spread?

    • @1roxtube
      @1roxtube 5 месяцев назад

      It not a poor man’s credit spread its click bait! Nothing new like it says. Just your average credit spread.

  • @Zenitself
    @Zenitself 10 месяцев назад

    Going to try to run this mini Wheel strat with $100 and see what happens.

  • @MandoDeLeon
    @MandoDeLeon Год назад +1

    I don’t see a difference from a put credit spread 🤷🏻‍♂️

  • @MB031
    @MB031 4 дня назад +1

    The problem is that broke person will not qualify for level 3 RH spread trading ! You must have well established RH margin acc. and be approved for level 3 trading ! He doesn't mention this in the video !

  • @robertgaeta1134
    @robertgaeta1134 Год назад +1

    Dude I have listen to you and haven’t seen any gains , on the contrary I have lost money every single day

  • @aat3tville181
    @aat3tville181 11 месяцев назад

    Great ideas ... I love to scroll though comments and see how many times a creator replies

    • @whtsap6461
      @whtsap6461 11 месяцев назад

      SJANEW 💯 is her user name VlA T E [ E G R AM✅

  • @user-nj8yz1ov6s
    @user-nj8yz1ov6s 6 месяцев назад

    I wish i bought palantir at $6.00