Seth, love watching these video. I am more of a go to classroom type guy then internet learning. So when I watch you video I feel like I'm listening to professor and just straight forward learning , no fluff , no bells and whistles, just good old fashion learning from Options Professor
Hi Seth, we did this strategy on dec 2018 on NWL and once assigned the shares we also wrote covered calls every 30-60 days & in addition to the 5% annual returns on the dividend payout quarterly. The dividends didn’t decrease. To further compound our returns, we do a DRIP. This past Jan 15, 2021 our shares had been called but still kept the dividend received in the form of stocks. Our returns was 7% in 2019 & 10% in 2020. As of Jan 2021, still sitting on paper gain of another 10% and now it’s pure gain. Thanks for reminder Seth
Only 7% and 10% annually by selling puts, covered calls, dividends and capital gains? I think these kind of strategies have a lot of potential but you'd have been far better off in an index fund doing nothing for the last 2 years.
A very good strategy for those retirees looking for yield. I say ALL retirees with huge 401ks who may want to convert to an Annuity should use a portion of those proceeds to this strategy. Don't use the whole 401k but at least 15-20% imo. of course these positions are liquid and can exit any time. Thx Seth for this strategy. Problem is Financial Advisors will never suggest this strategy for obvious reasons. Hopefully some of the people watching this will now have an alternative to a very low yielding Annuity strategy.
@@antwha5526 I wonder if there is another way to mkt this service where the investor funds an account and smb gets a % of the winners. If they are that confident that the signals are that reliable why are they structuring the price this way? They have no skin in the game.
I'm young and poor so I don't have a favorite dividend stock. But I am learning about and studying the Wyckoff method in an attempt to be more successful swing trading stocks and options.
Interesting strategy, What if you sell the puts and the stock drops down under $13 even before your are assigned? Would you buy to close and get out around $13 and breakeven?
I would collar if assigned. Sell covered calls and buy puts. Would even look to take the sold call prem collected and use that to buy puts essentially having a free collar.
@@smbcapital mental. Not going to lie, I’m kind of cheering for Internet Stupidity to win out here ... there’s definitely enough money amongst content producers to make some pro investors sweat buckets. Would definitely look forward to a video you produce on the subject.
This is silly. They'll educate you so they can counter trade you. Funds are not your friend guys. Do you really think what they're offering is what their traders ACTUALLY do? Com'on now....
LOL, you think they'll be buying puts on the same stocks that people use this strategy on? That won't be profitable unless there's a crash...and buying almost any put is profitable in a crash.
Seth, love watching these video. I am more of a go to classroom type guy then internet learning. So when I watch you video I feel like I'm listening to professor and just straight forward learning , no fluff , no bells and whistles, just good old fashion learning from Options Professor
Hi Seth, we did this strategy on dec 2018 on NWL and once assigned the shares we also wrote covered calls every 30-60 days & in addition to the 5% annual returns on the dividend payout quarterly. The dividends didn’t decrease. To further compound our returns, we do a DRIP. This past Jan 15, 2021 our shares had been called but still kept the dividend received in the form of stocks. Our returns was 7% in 2019 & 10% in 2020. As of Jan 2021, still sitting on paper gain of another 10% and now it’s pure gain. Thanks for reminder Seth
Lol a whole 7%
Only 7% and 10% annually by selling puts, covered calls, dividends and capital gains? I think these kind of strategies have a lot of potential but you'd have been far better off in an index fund doing nothing for the last 2 years.
A very good strategy for those retirees looking for yield. I say ALL retirees with huge 401ks who may want to convert to an Annuity should use a portion of those proceeds to this strategy. Don't use the whole 401k but at least 15-20% imo. of course these positions are liquid and can exit any time. Thx Seth for this strategy. Problem is Financial Advisors will never suggest this strategy for obvious reasons. Hopefully some of the people watching this will now have an alternative to a very low yielding Annuity strategy.
I just purchased the $797 3 month plan. This looks like something that can be used in 401k IHOPE
@@antwha5526 I wonder if there is another way to mkt this service where the investor funds an account and smb gets a % of the winners. If they are that confident that the signals are that reliable why are they structuring the price this way? They have no skin in the game.
I use this technique with MO. Shorter expiration times, then sell covered calls if put the stock. Rinse and repeat
Thanks for the strategy. Your not some average supposed guru. You run an options firm in Manhattan. Thank you for your time sir.
you got it J S
SMB training is beyond excellence 😉
I'm young and poor so I don't have a favorite dividend stock. But I am learning about and studying the Wyckoff method in an attempt to be more successful swing trading stocks and options.
Interesting strategy, What if you sell the puts and the stock drops down under $13 even before your are assigned? Would you buy to close and get out around $13 and breakeven?
Excellent work!
Please make a video on the whole GameStop situation , would be amazing to hear your guys opinion on it !
We likely will be doing something on that Ali, stay tuned.
Thanks for the video , can you do an example on T, EPD, or ABBV?
I would collar if assigned. Sell covered calls and buy puts. Would even look to take the sold call prem collected and use that to buy puts essentially having a free collar.
Seth have you sen markets like this before in your career?
Nice work!
Sir, in us stock futures are trading. Thanks
I love the wheel strategy
from tax purposes, should I sell the put for longer than 1 yr away to qualify for long term capital gain please?
When you are a seller, no matter how long you hold the option, it will be taxed at short-term capital gains
Did you short Game stop? Or AMC??? Lol.
Our guys traded it in both directions
@@smbcapital would very much like to see some tape reading sessions by you guys for the past few weeks on this!
OK..thank you all company support me. OK sir..very 2 good info...
This is not responsible trading me think
$GME? 🤣
we need to do a video on that
@@smbcapital start with dont short more stock than is in existence
@@smbcapital mental. Not going to lie, I’m kind of cheering for Internet Stupidity to win out here ... there’s definitely enough money amongst content producers to make some pro investors sweat buckets.
Would definitely look forward to a video you produce on the subject.
This is silly. They'll educate you so they can counter trade you. Funds are not your friend guys. Do you really think what they're offering is what their traders ACTUALLY do? Com'on now....
You are 100% correct. The objective is to rip the heart out of retail traders.
LOL, you think they'll be buying puts on the same stocks that people use this strategy on? That won't be profitable unless there's a crash...and buying almost any put is profitable in a crash.