Much Love Henry. I will remind viewers that 5% a month on an account is approx. 80% ROI over 12 months. The consistent percentage is the KEY. $1K plus 80% is $1,800. You do the math after 10 years, My Guy. You have given Us all a viable way to get 4-6%. Thank you.
Great video. I'm looking to start investing in the stock market and other asset classes with $60k this quarter. Should I focus on index funds or individual stocks? Preferably want the route with the best return in investment. Thanks!
Index funds are a safer bet to start. They offer good diversification. But individual stocks could make you a fortune if you know how to go about it. Some people make upper six figures yearly from investing alone. But it's always a good idea to work with a financial advisor. It raises your chance of profit by a lot.
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks Rolando Diaz....
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Thats sad you really hurting. But, what about people that don't have a $1000 dollars or living pay check to pay check. And Kamala taking their tax dollars to feed illegals, Medicare and social security. And to mention $25,000 to build a home. Maybe you should give them several grand of that $680, 000 to build them a home. Vote Trump and fix the problem.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Hello Henry, I have subscribed and followed your videos for about a year now. I am a small investor but I have done well with your financial advice. Thanks so much and God Bless you. -Bob
You are using a very visual (clear and not cluttered) trading program. What is it? Are you happy with your broker? Do they give your portfolio margin? How do you pick a group of stocks to watch and then choose the best at the time to trade? Do you keep notes of the trades to review your positions? How often do you review your positions? Do you prefer to use weekly over monthlies? You make this look so easy? What happens if there is a severe downturn in the "good" stock below your strike price by about 30% or more? Do you bailout? Please cover the exceptions to the rules and how to deal with them. Thanks for your educational materials!
Selling puts is great unless the market has a rear tumble and you get assigned at a much higher price than its current value to which you then can't initially sell the covered call because to make any money you have to offer the covered call at a price that's less than you paid for it, that's the only problem I've ran into a few times with the wheel strategy otherwise if you leave yourself some room it works great
Thank you for all the knowledge and nuggets you had thrown my way over the last months for a $113k total profit. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Hey Henry, appreciate the great content as someone learning to do the wheel strategy. Out of curiosity, is there a best time of day or buy/sell contracts? At market open, before close? Also is there more risk closer to earnings season?
@@ShawnBlyth options tend to be slightly more when the market opens than when the market is about to close. So selling your option in the morning makes the most sense, and closing during the last trading hour. There’s more important factors however that affect price. Such as macro technical and fundamental analysis
Great info henry, Question, since 30 day option is now paying 5.45 at the 116 strike .46 delta it seems the 30 day options would pay better as you could repeat in 30 days collecting almost 1100 dollars after two month instead of a single 60 day contract which pays 830.
@@malibudan this sounds lime it should work but remember that the prices are always changing so it could be lower in 30 days and you end up with less than the 830. I feel like it's more about how often you want to manage the options. If you have time to do monthly then do that.
Ce fain ai explicat. Mii de multumiri, fratele meu Moldovean!!!!!!!! Sa stii ca daca cauti o fata de familie pentru a-ti face un viitor....trebuie sa te intorci acasa in Moldova. La noi mai sunt fete si oameni la locul lor cu frica de Dumnezeu. Astea din Vest sunt aiurite rau de tot.
@@Steve-be2tj if you watch his videos he shows a lot of his positions. You could just use like apple, xlp, xlk, palantir, amd, Nvidia, tesla, Microsoft, Google, meta to give you 10
Hi Henry, love your videos. What do you thing about doing the wheel strategy on ETFs like VYM that pay dividends? Wouldn't that be even better due to the dividends? Thanks!
Henrey What do you think about DAL since it has 4x the market cap, actual positive income as opposed to negative w/ AAL and they both have a similar Forward PE?
@@macman231 if you're bullish on the stock and you can get the returns you're looking for you can add this to your portfolio. It doesn't have to be the only position in your portfolio so go.ahead amd try it. If it doesn't work out just drop it and select something else
Very informative and easy to understand. That being said, I am a beginner, and your tutorial still leaves a couple very important questions unanswered. First of all, what happens if the market crashes when you have a number of open put contracts. Using NVDA as an example, what happens if by the beginning of November it is down under the strike price? Suppose it craters and you wake up on Monday morning and in pre-market, it has gapped down to 100? How do I protect myself from this scenario? Could you please make a video on how to set stops to protect myself from this sort of scenario?
If you are still far from expiration you can wait to see if it recovers. If close to expiration, I believe the answer is to roll. Henry says 30 and 5. 30 days and $5 down in strike price on a CSP.
You can try a put back ratio spread it works like selling a put but it gives more credit if price stays flat. An if price does dropped to be assigned it gives you a much lower cost basis. Then just run it like a wheel
Another idea is a long call aka leap option. This allows you to essentially buy 100 shares at a cheaper price today and start doing covered calls to generate income. Henry has done a few videos on “leaps”
What are your thoughts on selling puts out farther into the future on high conviction stocks in order to collect that higher premium? For example a stock like PLTR which I believe is a bit high right now (my FMV is anywhere from $28-33), however I think in 6-12 months and beyond the price will be the same or higher. Example - Exp 9/19/25, $35 strike, $5.45bid -- seems unlikely, PLTR would drop all the way to $29.55 for breakeven, and at that price I would happily buy more shares. I understand there is duration risk as its hard to predict that far out, but just would love to know your thoughts on these situations as I plan on holding PLTR for long term (3-5-10yr), unless there is a major change.
Yes? A little confused by this but you're selling puts to make income. If you happen to get assigned you can then sell calls to get more income. The reason you're doing puts is to basically lower your cost to acquire the 100 shares vs buying outright. Since these are stocks that you want to own anyways might as well get them for a discount.
Do you have any video on leaps. What happen if i own a leap and sell a cover call that hit the strike price? What should i do? Thats my bugger fear on leaps.
If you get assigned and have to buy the shares, then you have to spend $107ish at 100 shares at $107. How does selling covered calls net out your position?
Because you could sell a covered call for more than what you get from buying the put. So that would balance out the cost. Plus remember, you want to own these stocks anyways so you're getting paid to buy them for a lower price later than what you would today so your cost basis would actually be lower than the 107 that you paid
You can roll out your covered call to a later date and higher strike price. Also, you can sell slightly out of the money puts at a support level to get the PLTR shares back or at least make some extra income.
Honestly, this situation makes me uneasy, especially with the potential economic downturn. I'm not just concerned about a recession but possibly even a depression. With this uncertainty, I'm unsure about how to structure my $130K investment strategy for generating reliable passive income from stocks.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
I started doing the wheel in January 2022 with $30k. I had no prior options experience. I'm now making $12-14k per month selling CC and CSP. This has allowed me to retire early. Selling options has been a financial game changer.
After a headline-making stock market crash last week, if you didn't panic and simply did nothing then you'd be up more than 5% this week. If you are an Nvidia shareholder, you'd be up 11%. That is how the stock market works.
I think the next big thing will be A.l. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advisor until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Thank tou Henry for your great knowledge sir I really appreciate the dedication in each video you post. I would avoid the index funds, mutual funds or specific stocks for the time being, Bitcoin is the safest bet for now, Regardless of how bad in the economy I still make 12k from my Investment
Great content, as always! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
Thanks for the good summary! Now is the perfect time to start buying stocks and crypto( BTC ) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. The Emily Lewis Program for helping me get into her trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Emily
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Profitable trading requires experience, a solid strategy, and preparation, which we lack. Understanding buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Emily info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
It’s possible. Granted I do not have $100k cash to try it but I did just sell NVDA put at $115 expiring in 5 days. Generated $216 in premium. $216/$11,500 = 1.87%. $100k would buy 8 contracts * $216 premium each would be $1728 in premium in one week. If you don’t get assigned and you repeated that each week, could easily make $5k per month on $100k. Even if you have to buy the 800 shares, just start doing covered calls to generate income. EDIT I see you said 5 figure not $5k. Sorry about that. Well $1728 per week *4 is close 😛
Averaging a 2% return per week is possible and actually not that difficult if you follow some simple rules and focus on process over result. I've had weeks where I got 2%+ selling puts, days where I've gotten 100% buying calls, months where I collected 2%/week from spreads and long stretches where I made almost nothing. Occasionally you'll have to take a loss but that's where risk management comes in. I've been managing an account since August 5th this year that I'm comfortable saying will be up over 30% the end of this week despite taking a loss and closing a call that should have been allowed to run.
Intresting the Reddit options group has nothing good to say about you and that your only Real income comes from people signing up from your course and youtube content creation.
they are probably right, you shouldn’t listen to him. I understood this as soon as I heard that delta is the chance an option will expire ITM. That statement is very incorrect, delta is just a mathematical equation that tells you how much money would the option increase for every dollar that the underlying stock increases.
I really like your videos and i wanted to join your courses but I noticed you require my phone number, the last time I gave my phone number to another youtuber my phone was sold to marketers and I was getting too many calls. I am not saying you also are going to sell my phone number but I just have a bad experience from other youtubers.
No but for the current market conditions you could invest in bitcoin related etfs or consumer staples and ride those up in capital gains then start the wheel once you've got enough
Can you help me Henry and donate to helping me pay for college? I would be so open to mentorship but am currently in the military and am looking for a way to increase my income but don’t have enough capital to make relevant gains.
If you are serious about going to college, there’s multiple options for an active US Military member, Tuition assistance and funding via military friendly schools. As a veteran there are other options. Speak with your career counselor or your chain of command for direction. I hope this helps…
Hey you always record videos when the market is closed. That seems fishy, why not just show the real trade. We don’t know if the balance you showed is the balance you have unless you do live trade. Good content but everyone use your brain and decide for yourself, you’re the one putting your money at stake
Henry, I wrote you a personal note on the only email I could find for you. Apparently the email address wasn't active because I didn't receive a reply from you. May I ask you to provide me with an email address for you through which I may contact you with a personal/private message? Thank you. John
Much Love Henry. I will remind viewers that 5% a month on an account is approx. 80% ROI over 12 months. The consistent percentage is the KEY. $1K plus 80% is $1,800. You do the math after 10 years, My Guy. You have given Us all a viable way to get 4-6%. Thank you.
Great video. I'm looking to start investing in the stock market and other asset classes with $60k this quarter. Should I focus on index funds or individual stocks? Preferably want the route with the best return in investment. Thanks!
Index funds are a safer bet to start. They offer good diversification. But individual stocks could make you a fortune if you know how to go about it. Some people make upper six figures yearly from investing alone. But it's always a good idea to work with a financial advisor. It raises your chance of profit by a lot.
I agree with that. I netted more than 300k in 2020 by using a financial advisor, despite COVID and the elections. It was like discovering a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?
Her name is *Marissa Lynn Babula* You can easily find her information to arrange an appointment.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.
That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.
I've heard a lot about her. Please how do I contact Louise O'Brien?
I'm happy to see Mrs Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.
I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks Rolando Diaz....
Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....
Yes, the crypto market is really taking off and Bitcoin is in good shape to start trading now
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
he's mostly on Telegrams using the user...
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Thats sad you really hurting. But, what about people that don't have a $1000 dollars or living pay check to pay check. And Kamala taking their tax dollars to feed illegals, Medicare and social security. And to mention $25,000 to build a home. Maybe you should give them several grand of that $680, 000 to build them a home. Vote Trump and fix the problem.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
Her name is *Layan Talia Chokr* . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Hello Henry, I have subscribed and followed your videos for about a year now. I am a small investor but I have done well with your financial advice. Thanks so much and God Bless you. -Bob
What students have 50-100k laying around in their portfolio?
You are using a very visual (clear and not cluttered) trading program. What is it?
Are you happy with your broker? Do they give your portfolio margin?
How do you pick a group of stocks to watch and then choose the best at the time to trade? Do you keep notes of the trades to review your positions?
How often do you review your positions? Do you prefer to use weekly over monthlies?
You make this look so easy?
What happens if there is a severe downturn in the "good" stock below your strike price by about 30% or more? Do you bailout?
Please cover the exceptions to the rules and how to deal with them.
Thanks for your educational materials!
I learned so much. Thank you
Thank you for taking the time to make this video it is very informative and it's obvious that you want help traders increase their income.
When you get assigned from selling the secured put, do you 'buy to close' now, or wait until closer to expiration?
great info Henry, I'm in your Discord too.
How do you join the discord
Selling puts is great unless the market has a rear tumble and you get assigned at a much higher price than its current value to which you then can't initially sell the covered call because to make any money you have to offer the covered call at a price that's less than you paid for it, that's the only problem I've ran into a few times with the wheel strategy otherwise if you leave yourself some room it works great
Even for big corps like META they could easily crack down 10, 15% a day at the earnings. Beginners should be very alert on upcoming sensitive dates…
Rewatching, thanks Henry
Thank you for all the knowledge and nuggets you had thrown my way over the last months for a $113k total profit. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
I would really love to know how much work you did put in to get to this stage.
Mary McDonald's strategy has been instrumental in helping me navigate the past few months. Without it, I don't think I would have made it through
Please, how do I reach with Mary mcDonald? I would appreciate if you show me how to go about it
She mostly interacts on Telegrams, using the user-name.
Mary913 thats her user name
Thank you!
Do you invest in gold and silver?
Hey Henry, appreciate the great content as someone learning to do the wheel strategy. Out of curiosity, is there a best time of day or buy/sell contracts? At market open, before close? Also is there more risk closer to earnings season?
@@ShawnBlyth options tend to be slightly more when the market opens than when the market is about to close. So selling your option in the morning makes the most sense, and closing during the last trading hour. There’s more important factors however that affect price. Such as macro technical and fundamental analysis
During earnings premiums go up so start looking to open positions 3 days before earnings reports
Thank you
wich broker u use
Henry thanks as always I just sent this to a few people. I am few years into my wheel and really enjoy this strategy
@@aat3tville181 what did you do during the COVID-19 down turn?
Great wheel strategy video.
Great info henry,
Question, since 30 day option is now paying 5.45 at the 116 strike .46 delta it seems the 30 day options would pay better as you could repeat in 30 days collecting almost 1100 dollars after two month instead of a single 60 day contract which pays 830.
But you have no idea what the price’s going to be in 30 days
@@jeffreydemaeyer352 that's true but you're supposed to be bullish on the stock so it's something you're thinking will go up or you wouldn't buy it
@@malibudan this sounds lime it should work but remember that the prices are always changing so it could be lower in 30 days and you end up with less than the 830. I feel like it's more about how often you want to manage the options. If you have time to do monthly then do that.
Ce fain ai explicat. Mii de multumiri, fratele meu Moldovean!!!!!!!! Sa stii ca daca cauti o fata de familie pentru a-ti face un viitor....trebuie sa te intorci acasa in Moldova. La noi mai sunt fete si oameni la locul lor cu frica de Dumnezeu. Astea din Vest sunt aiurite rau de tot.
Which are the 15 stocks in your portfolio?
@@Steve-be2tj if you watch his videos he shows a lot of his positions. You could just use like apple, xlp, xlk, palantir, amd, Nvidia, tesla, Microsoft, Google, meta to give you 10
Hi Henry
Ive been studying and learning as much as possible. Hoping to go live soon. Any demo accounts you would recommend. Thanks
Thank you again, I learned the lesson , when the sell put contract in the money, I was panic and rolled the contract to early
I always do that mistake 😂😂😂
Why roll a sold put? unless deep in the money, Get assigned and start covered calls.
@@PapaLoloJames that’s the mistake I did due to panic seeing negative value
@@SRIKANTHA-we9mbthanks
@@PapaLoloJames
I learned the lessons, now I am holding the contracts to get assigned for Tsla and nvda
🤔 this is really works. Thank you Hanry
Wheeling & dealing the Henry way!
How do you find the best premiums?
High Implicit volatility stocks and close to the price strikes
Hi Henry, love your videos. What do you thing about doing the wheel strategy on ETFs like VYM that pay dividends? Wouldn't that be even better due to the dividends? Thanks!
Henrey What do you think about DAL since it has 4x the market cap, actual positive income as opposed to negative w/ AAL and they both have a similar Forward PE?
@@macman231 if you're bullish on the stock and you can get the returns you're looking for you can add this to your portfolio. It doesn't have to be the only position in your portfolio so go.ahead amd try it. If it doesn't work out just drop it and select something else
Very informative and easy to understand.
That being said, I am a beginner, and your tutorial still leaves a couple very important questions unanswered.
First of all, what happens if the market crashes when you have a number of open put contracts. Using NVDA as an example, what happens if by the beginning of November it is down under the strike price? Suppose it craters and you wake up on Monday morning and in pre-market, it has gapped down to 100?
How do I protect myself from this scenario?
Could you please make a video on how to set stops to protect myself from this sort of scenario?
If you are still far from expiration you can wait to see if it recovers. If close to expiration, I believe the answer is to roll. Henry says 30 and 5. 30 days and $5 down in strike price on a CSP.
the strategy also good for crypto? like ETH or BTC
Excellent video
Hey Henry! What do you think about selling puts on BA now? Mahalo from Hawaii.
So basically you cant help someone with less than 5k in their profolio?
You can still follow the strategy you'll just make less and you might have to find cheaper stocks until you can afford 100 shares of the others
can i start the strategy with only 4000$?
So you do not have to buy first in order to sell put?
Correct.. but you're buying puts and selling calls.
When u must sell the shares how much capital gain taxes are you paying? Is that 2% return including capital gain taxes?
Is 30 delta and 1 week out expiration ideal
30 and 1 month is ideal. If you're going weekly you probably want lower delta unless you don't mind getting assigned
Do you have a strategy for a long hold for a (buy call). Or any ideas 🤔💡
You can try a put back ratio spread it works like selling a put but it gives more credit if price stays flat. An if price does dropped to be assigned it gives you a much lower cost basis. Then just run it like a wheel
What do you think of XOM for the wheel strategy?
I just started with options, close to retirement and your videos are very inspiring. Just don’t want to make big mistakes on stocks.
Rewatching, learn more!
Selling put options is for bigger accounts. What about for smaller accounts?
can still sell puts on cheaper stocks
@@_bm1tv yes sure, but your options are limited especially if you get assigned. You want it to be quality stocks.
Another idea is a long call aka leap option. This allows you to essentially buy 100 shares at a cheaper price today and start doing covered calls to generate income. Henry has done a few videos on “leaps”
What are your thoughts on selling puts out farther into the future on high conviction stocks in order to collect that higher premium? For example a stock like PLTR which I believe is a bit high right now (my FMV is anywhere from $28-33), however I think in 6-12 months and beyond the price will be the same or higher. Example - Exp 9/19/25, $35 strike, $5.45bid -- seems unlikely, PLTR would drop all the way to $29.55 for breakeven, and at that price I would happily buy more shares. I understand there is duration risk as its hard to predict that far out, but just would love to know your thoughts on these situations as I plan on holding PLTR for long term (3-5-10yr), unless there is a major change.
so your selling puts on a company (bullish) you want to go down if you want to get assigned?
Yes? A little confused by this but you're selling puts to make income. If you happen to get assigned you can then sell calls to get more income. The reason you're doing puts is to basically lower your cost to acquire the 100 shares vs buying outright. Since these are stocks that you want to own anyways might as well get them for a discount.
How to be in your community
Pay money
Curious to know why you trade specifically on Robinhood and not a platform such as Think or Swim.
I’m using TOS but thinking of using RH solely for options. IMO, RH has a simpler interface.
AAL and NVDA will have earnings that's why the premium is so high...seems extremely risky to sell ATM puts for those expiration dates.
Do you have any video on leaps. What happen if i own a leap and sell a cover call that hit the strike price? What should i do? Thats my bugger fear on leaps.
@InvestwithHenry-Channel3 jaja nice try. You are not henry
My concern with this is I don’t wanna catch a stock on a downtrend, even if I do want the stock
You can just dollar cost average into the stock and you would be getting in at a lower price than the sticker for the stock
If you get assigned and have to buy the shares, then you have to spend $107ish at 100 shares at $107. How does selling covered calls net out your position?
Because you could sell a covered call for more than what you get from buying the put. So that would balance out the cost. Plus remember, you want to own these stocks anyways so you're getting paid to buy them for a lower price later than what you would today so your cost basis would actually be lower than the 107 that you paid
I which you could show us. I’m a visual learner.
How much is the 1:1 coaching?
several thousand and it's for folks that ideally have $25k+ or $50k plus that want to retire
What if my covered call are exercised for pltr, then I would lose the stock and potential upside ?
You can roll out your covered call to a later date and higher strike price. Also, you can sell slightly out of the money puts at a support level to get the PLTR shares back or at least make some extra income.
I need enough cash in my account to purchase 100 shares. That money is held until the option is closed?
Yes, thats the collateral its released when the option expire.
Challenge - Give us a trade to make money to get a one on one coaching
sup boss, cali luve get ya money up learn and observe
I made mistakes along the way. Mainly using margin to huy Tesla. Ally getting margin called at a point.
Sitting on 200k . .
Theta gang!! 💪
Im from philly! Lmk if u ever wanna grab lunch sometime!
Honestly, this situation makes me uneasy, especially with the potential economic downturn. I'm not just concerned about a recession but possibly even a depression. With this uncertainty, I'm unsure about how to structure my $130K investment strategy for generating reliable passive income from stocks.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Her name is Bonita Jeanette Rodriguez. You can easily find her information to arrange an appointment.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
I started doing the wheel in January 2022 with $30k. I had no prior options experience. I'm now making $12-14k per month selling CC and CSP. This has allowed me to retire early. Selling options has been a financial game changer.
Proofs?
What is CSP?
@@rayhudgens4945 Cash Secured Puts
@@rayhudgens4945 cash secured puts
Cash Secured Puts
Why would anyone need coaching this method is so simple people save your money
Looks like you lost out on the put and covered call. Since it jumped to $13.54 on the 1st. Unless you rolled it.
He probably rolled it
Nov 1st from Sept 22 is 7 weeks not a month LOL
🙌🙌🙌
After a headline-making stock market crash last week, if you didn't panic and simply did nothing then you'd be up more than 5% this week. If you are an Nvidia shareholder, you'd be up 11%. That is how the stock market works.
I think the next big thing will be A.l. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations.
Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advisor until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Thank tou Henry for your great knowledge sir I really appreciate the dedication in each video you post. I would avoid the index funds, mutual funds or specific stocks for the time being, Bitcoin is the safest bet for now, Regardless of how bad in the economy I still make 12k from my Investment
Most people think, investing in stock market is all about buying and leaving it to rise, come on it takes much analysis to be a successful trader.
The key to success is finding a set of rules you can follow consistently. I make an average of $15k per week even though I barely trade myself.
My portfolio has been going down the drain while I try on my own, I just don't know what to do,is there anyway I can reach your mentor?
she's mostly on Telegrams, using the user name
Mila Wilfred
this is her user name
i love this video!
bro making my yearly salary weekly
Great content, as always! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
I love Henry but maybe Ive seen this same video 5000 times before from him.
Thanks for the good summary! Now is the perfect time to start buying stocks and crypto( BTC ) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. The Emily Lewis Program for helping me get into her trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Emily
she's mostly on Telegrams, using the user name..
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Profitable trading requires experience, a solid strategy, and preparation, which we lack. Understanding buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Emily info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
I read about her too on the website. That is how I get connected to her. Thanks for putting this down here
100k woll generate five figure monthyl....hard to believe
It’s possible. Granted I do not have $100k cash to try it but I did just sell NVDA put at $115 expiring in 5 days. Generated $216 in premium. $216/$11,500 = 1.87%. $100k would buy 8 contracts * $216 premium each would be $1728 in premium in one week. If you don’t get assigned and you repeated that each week, could easily make $5k per month on $100k. Even if you have to buy the 800 shares, just start doing covered calls to generate income. EDIT I see you said 5 figure not $5k. Sorry about that. Well $1728 per week *4 is close 😛
Averaging a 2% return per week is possible and actually not that difficult if you follow some simple rules and focus on process over result.
I've had weeks where I got 2%+ selling puts, days where I've gotten 100% buying calls, months where I collected 2%/week from spreads and long stretches where I made almost nothing. Occasionally you'll have to take a loss but that's where risk management comes in.
I've been managing an account since August 5th this year that I'm comfortable saying will be up over 30% the end of this week despite taking a loss and closing a call that should have been allowed to run.
Intresting the Reddit options group has nothing good to say about you and that your only Real income comes from people signing up from your course and youtube content creation.
they are probably right, you shouldn’t listen to him. I understood this as soon as I heard that delta is the chance an option will expire ITM. That statement is very incorrect, delta is just a mathematical equation that tells you how much money would the option increase for every dollar that the underlying stock increases.
NVDA to the moon
Hey Henry, you're recycling videos more often now. Switch it up a bit
I disagree ive been wheeling for 6 months with real money. Its good to see updated videos of the same strategy im using concurrently.
If you really want it to be for beginners you need to shout out stocks that are under 20$ a share
Where did he work before? Did anyone catch that ? Lol
I really like your videos and i wanted to join your courses but I noticed you require my phone number, the last time I gave my phone number to another youtuber my phone was sold to marketers and I was getting too many calls. I am not saying you also are going to sell my phone number but I just have a bad experience from other youtubers.
Hello
Do you need a professional designer for top-quality RUclips thumbnails?
@InvestwithHenryy-cChannel Do you need a professional thumbnail designer??
Yeah because everybody starts out investing with a million dollars.
No but for the current market conditions you could invest in bitcoin related etfs or consumer staples and ride those up in capital gains then start the wheel once you've got enough
Can you help me Henry and donate to helping me pay for college? I would be so open to mentorship but am currently in the military and am looking for a way to increase my income but don’t have enough capital to make relevant gains.
I donate to animals my mom has a shelter.
An animal with Venmo wyatt-boeker
Can I dm you on insta?
In the military but asking for college money donations 😅
If you are serious about going to college, there’s multiple options for an active US Military member, Tuition assistance and funding via military friendly schools. As a veteran there are other options. Speak with your career counselor or your chain of command for direction. I hope this helps…
Hey you always record videos when the market is closed. That seems fishy, why not just show the real trade. We don’t know if the balance you showed is the balance you have unless you do live trade. Good content but everyone use your brain and decide for yourself, you’re the one putting your money at stake
Over 10 minutes, and you still don’t teach anything. You just like to talk.
Henry, I wrote you a personal note on the only email I could find for you. Apparently the email address wasn't active because I didn't receive a reply from you. May I ask you to provide me with an email address for you through which I may contact you with a personal/private message? Thank you. John