Very easy to follow, especially given all of the information you provided in the previous video. We know exactly what to look for thanks to you - Looking forward to mastering this!
I'm new to options, but have traded stocks for 7 years. I understand how important risk management is and these 2 part videos were amazingly helpful. Thank you heaps for doing these!
I am so glad my video was helpful. This is a great strategy. The key is to make sure the market is flat or moving higher (which it is most of the time). Then it comes down to picking the best stocks. Thank you for posting.
Thank you for the videos. I watched the BPS series a few months ago and now with more skills and knowledge acquired, I can see much more values in those videos. I really like Part 2 video especially that you walk through different examples. As a learner, it's often difficult to put theories into practice. This video helps a lot not only understand the strategy itself but also how to analyse depending on different conditions. Thank you.
Thank you Ryan. Make sure to watch any video on this channel that has Swing Trading in the title. I post them every week and I just posted one Saturday. You will have current examples and the whole selection and game planning process for selling bullish put spreads will become clear. This is a great options trading strategy. Trade well.
wow, this and the part 1 were excellent. you give more of a strategy and philosophy to this kind of trade than anyone else i've heard/seen. You tie in how to find the right candidate stocks with excellent technical analysis. Excellent. Hope to join your service in the near future. one question i have is that it appears that you don't pay much attention to looking at probability of ITM for the short strike values (many others suggest 20-30 deltas/70-80% POP) . Is there a reason for this ? in fact so many of your trades with this method end up with probability of ITM come close to those recommended deltas ? would love to hear your thoughts on this
Thank you Sam. I appreciate the kind words. Selling bullish put spreads is a great strategy for current market conditions and this will be a great options trading strategy the rest of the year. Make sure to watch my Swing Trading videos. I just posted one Saturday with 8 bullish put spreads. Trade well and thanks for posting.
Option models are very static. They don't take into account market direction, the relative strength of the stock vs the market, the momentum of the stock or key support/resistance levels. All of these factors increase the probability of success and they all play a role in which strike price to use and the expiration date. You might benefit from reading my free eBook. Thanks for posting. oneoption.com/ebook
Peter, you make a great case for selling put spreads and you've put together a very organized platform. And there is great value when someone has already done the organization. Im looking for something much like your system, but I have a few questions. So, Id like to know why you dont believe in saving a trade, or as you say "repair strategies." Mike Tyson, the boxer, once said that 'everyone has a plan until you get punched in the face" As a martial artist, its been my experience that knowing how to plan a good punch or kick when you see an opening is great, but if you're blocked and attacked while executing your attack, you need to know how to counter the counter, and that's what makes a great fighter. Why would you not roll down your spread instead of just giving up the trade at a small loss? Why would you not write up the sold put for more premium if the trade goes in your direction? Or even generate a little more premium by writing a call spread if the trade is going slightly against you? Im wondering if you actually do these things in your personal trading but dont include it here because you're trying to keep it simple for everyone.
Hi Pete, at @19:00 for Pandora, it seems they are having consistent misses in recent quarter EPS(top right chart in your video), shouldn't we be cautious selling bullish put spread for such stocks?
Last question. Forgive me. Im wondering if you can share if your return on capital over the years has been consistently positive on a monthly basis and yearly basis over a long period. Im very interested in this strategy because it seems like you can take fairly large positions with pretty consistent wins, and if you add in evasive maneuvers, an even higher success rate, but every body in the business tells me that you can't consistently be highly profitable in trading. There are so many people selling their option programs and equity trading programs, and yours seems to be based on hitting those singles and doubles rather than swinging for the fences. I like that, but Id really appreciate knowing if you're generating a 30% ROI on your money annually...and if you've ever blown up. Thanks so much for your time and responses.
Peter, my 2nd question is on your 'signals." Yes, I understand it is proprietary, but what can you share about it? Im not looking to build it, but if I buy the program, Id like to have some understanding about it so I can use my judgement the way you use yours. Is it price/volume or solving for candlestick patterns? Just some idea would helpful so I can override with human intuition when necessary.
A bullish put spread is slightly bullish to bullish and you want the stock to stay flat or go higher. A bullish call spread has the same risk/reward profile if you use the same strike prices. I find it easier to close a bullish put spread vs bullish call spread because the options are trading for pennies and you can bid for them (assuming the trade has gone your way which hopefully it does most of the time). A successful bullish call spread has options that are trading for $5-$10 or more and the bid ask spread of the options can be $.50 wide or more. Typically bullish call spreads are purchased out of the money and they have a much more bullish bias. Great question.
Hi again. Like you, I like to be clear and organized, so please forgive the multiple entries. Your technical analysis feels pretty logical and you keep it simple. But Im wondering if its not overly simple. The 100 DMA or 200DMA or 50DMA are often not very reliable, for example. Do you think getting into anchored VWAPS or Fibonacci levels or other more sophisticated ways of sourcing 'exhaustion" are of marginal value? When you're risking $4.00 to make $1.00, you do it all day if you have a very high probability of success. I guess Im wondering whether a deeper TA than I see in this program would improve results and does your program have those deeper studies like 'price confirmed by volume" etc?
Fantastic video training thank you just a simple question I have when placing or making a decision to enter the market do you use daily charts weekly charge or four hours charge to make your buy decision or sale decision actually thank you
On the MELI the bid/ask spread you said is too high (.85 to 1.40)... what is a reasonable bid/ask spread and what would be the max spread you would take? Thank you.
I would typically like to have a spread like that bid at $1.00 x $1.20. If you are very confident in the spread and you can get filled in the middle of a wide bid/ask that is fine, just know that if it moves against you it will be hard to exit because you are trading against Market Makers (no public order flow) and they rarely play in the middle. In these instances, trade less size if you still want to do the trade. Thanks for posting.
Next ti Last question. This Fantastic Video was done in 2015 before the world changed in many ways. Are we in a good market for selling put spreads today or are you playing a different game these days?
Great videos!! Question. The CLR trade has a MAX Profit of $1 at expiration.. so if the stock runs higher and you 'buy to close' prior to expiration, then would you get the full $1 or a portion of it? Thank you.
If the max profit is $1.00 and you buy to close before expiration you will have to pay something to buy it back. If you pay $.05 to buy the spread back your profit will be $.95. I just posted a swing trading video with 6 bullish put spreads and 2 bearish call spreads you might like. Thank you for posting. ruclips.net/video/z0QT7CN4etM/видео.html
Option Stalker is proprietary. It does not interface with Fidelity because they do not offer an API. Option Stalker does interface with Tradier, Interactive Brokers and Ameritrade. Take the free 2 week trial and test the end of day version which is great for swing trading. It does not require a broker interface. www.oneoption.com
typically as swing trades that last a few days or a couple of weeks. They can be done on any time frame. It is really a matter of personal preference. I do like to keep them fairly short term to take advantage of time decay
Very easy to follow, especially given all of the information you provided in the previous video. We know exactly what to look for thanks to you - Looking forward to mastering this!
Excellent video
Within the first six months of trading options I came to the same conclusion expouse in the video
Excellent analysis. Well structured breakdown and articulate. Solid Work. Thank you kindly.
I'm new to options, but have traded stocks for 7 years. I understand how important risk management is and these 2 part videos were amazingly helpful. Thank you heaps for doing these!
I am so glad my video was helpful. This is a great strategy. The key is to make sure the market is flat or moving higher (which it is most of the time). Then it comes down to picking the best stocks. Thank you for posting.
what a teaching approach straight practical.. thankyou for the video
Thank you for the videos. I watched the BPS series a few months ago and now with more skills and knowledge acquired, I can see much more values in those videos. I really like Part 2 video especially that you walk through different examples. As a learner, it's often difficult to put theories into practice. This video helps a lot not only understand the strategy itself but also how to analyse depending on different conditions. Thank you.
Glad you like them! That is a great bread and butter strategy for swing traders. You just have to wait for those market dips and be ready.
Great videos Part 1 and Part 2 were very informative. Thank you.
I don't like the idea of taking a bullish position before earnings. The idea of your stop loss is illusive if the stock gaps down. You'll lose a lot.
Thank you Ryan. Make sure to watch any video on this channel that has Swing Trading in the title. I post them every week and I just posted one Saturday. You will have current examples and the whole selection and game planning process for selling bullish put spreads will become clear. This is a great options trading strategy. Trade well.
Thanks for posting, very easy to understand
Glad it was helpful!
Very helpful! Thank you Peter!
wow, this and the part 1 were excellent. you give more of a strategy and philosophy to this kind of trade than anyone else i've heard/seen. You tie in how to find the right candidate stocks with excellent technical analysis. Excellent. Hope to join your service in the near future. one question i have is that it appears that you don't pay much attention to looking at probability of ITM for the short strike values (many others suggest 20-30 deltas/70-80% POP) . Is there a reason for this ? in fact so many of your trades with this method end up with probability of ITM come close to those recommended deltas ? would love to hear your thoughts on this
Thank you Sam. I appreciate the kind words. Selling bullish put spreads is a great strategy for current market conditions and this will be a great options trading strategy the rest of the year. Make sure to watch my Swing Trading videos. I just posted one Saturday with 8 bullish put spreads. Trade well and thanks for posting.
Option models are very static. They don't take into account market direction, the relative strength of the stock vs the market, the momentum of the stock or key support/resistance levels. All of these factors increase the probability of success and they all play a role in which strike price to use and the expiration date. You might benefit from reading my free eBook. Thanks for posting. oneoption.com/ebook
Peter, you make a great case for selling put spreads and you've put together a very organized platform. And there is great value when someone has already done the organization. Im looking for something much like your system, but I have a few questions. So, Id like to know why you dont believe in saving a trade, or as you say "repair strategies." Mike Tyson, the boxer, once said that 'everyone has a plan until you get punched in the face" As a martial artist, its been my experience that knowing how to plan a good punch or kick when you see an opening is great, but if you're blocked and attacked while executing your attack, you need to know how to counter the counter, and that's what makes a great fighter. Why would you not roll down your spread instead of just giving up the trade at a small loss? Why would you not write up the sold put for more premium if the trade goes in your direction? Or even generate a little more premium by writing a call spread if the trade is going slightly against you? Im wondering if you actually do these things in your personal trading but dont include it here because you're trying to keep it simple for everyone.
Great tutorials. What expiry date do you select for the Bull put spread 30 days or more?
Hi Pete, at @19:00 for Pandora, it seems they are having consistent misses in recent quarter EPS(top right chart in your video), shouldn't we be cautious selling bullish put spread for such stocks?
Last question. Forgive me. Im wondering if you can share if your return on capital over the years has been consistently positive on a monthly basis and yearly basis over a long period. Im very interested in this strategy because it seems like you can take fairly large positions with pretty consistent wins, and if you add in evasive maneuvers, an even higher success rate, but every body in the business tells me that you can't consistently be highly profitable in trading. There are so many people selling their option programs and equity trading programs, and yours seems to be based on hitting those singles and doubles rather than swinging for the fences. I like that, but Id really appreciate knowing if you're generating a 30% ROI on your money annually...and if you've ever blown up. Thanks so much for your time and responses.
how do you determine buy and sell signals?
Peter, my 2nd question is on your 'signals." Yes, I understand it is proprietary, but what can you share about it? Im not looking to build it, but if I buy the program, Id like to have some understanding about it so I can use my judgement the way you use yours. Is it price/volume or solving for candlestick patterns? Just some idea would helpful so I can override with human intuition when necessary.
thank you for video . what is different bull spread call and bull spread put > do we expect come up to make premium? thanks
A bullish put spread is slightly bullish to bullish and you want the stock to stay flat or go higher. A bullish call spread has the same risk/reward profile if you use the same strike prices. I find it easier to close a bullish put spread vs bullish call spread because the options are trading for pennies and you can bid for them (assuming the trade has gone your way which hopefully it does most of the time). A successful bullish call spread has options that are trading for $5-$10 or more and the bid ask spread of the options can be $.50 wide or more. Typically bullish call spreads are purchased out of the money and they have a much more bullish bias. Great question.
Hi again. Like you, I like to be clear and organized, so please forgive the multiple entries. Your technical analysis feels pretty logical and you keep it simple. But Im wondering if its not overly simple. The 100 DMA or 200DMA or 50DMA are often not very reliable, for example. Do you think getting into anchored VWAPS or Fibonacci levels or other more sophisticated ways of sourcing 'exhaustion" are of marginal value? When you're risking $4.00 to make $1.00, you do it all day if you have a very high probability of success. I guess Im wondering whether a deeper TA than I see in this program would improve results and does your program have those deeper studies like 'price confirmed by volume" etc?
Fantastic video training thank you just a simple question I have when placing or making a decision to enter the market do you use daily charts weekly charge or four hours charge to make your buy decision or sale decision actually thank you
If I am swing trading I use daily charts. If I am day trading I use daily charts and 5 minute charts. Thanks for posting.
On the MELI the bid/ask spread you said is too high (.85 to 1.40)... what is a reasonable bid/ask spread and what would be the max spread you would take? Thank you.
I would typically like to have a spread like that bid at $1.00 x $1.20. If you are very confident in the spread and you can get filled in the middle of a wide bid/ask that is fine, just know that if it moves against you it will be hard to exit because you are trading against Market Makers (no public order flow) and they rarely play in the middle. In these instances, trade less size if you still want to do the trade. Thanks for posting.
Next ti Last question. This Fantastic Video was done in 2015 before the world changed in many ways. Are we in a good market for selling put spreads today or are you playing a different game these days?
Great videos!! Question. The CLR trade has a MAX Profit of $1 at expiration.. so if the stock runs higher and you 'buy to close' prior to expiration, then would you get the full $1 or a portion of it? Thank you.
If the max profit is $1.00 and you buy to close before expiration you will have to pay something to buy it back. If you pay $.05 to buy the spread back your profit will be $.95. I just posted a swing trading video with 6 bullish put spreads and 2 bearish call spreads you might like. Thank you for posting. ruclips.net/video/z0QT7CN4etM/видео.html
Is this platform proprietary or can I setup my my fidelity platform same way?
Option Stalker is proprietary. It does not interface with Fidelity because they do not offer an API. Option Stalker does interface with Tradier, Interactive Brokers and Ameritrade. Take the free 2 week trial and test the end of day version which is great for swing trading. It does not require a broker interface. www.oneoption.com
Are your bull put spreads done as day trades or held longer (weekly, monthly)?
typically as swing trades that last a few days or a couple of weeks. They can be done on any time frame. It is really a matter of personal preference. I do like to keep them fairly short term to take advantage of time decay
can you provide your email for further questions
sorry for the delayed response. you can reach me at www.oneoption.com. just click Live Help
Hi there..I am from the future..it's 2020....some things never change...but others are crazy over here 🤣🤣🤣🤣🤣