Very good video, very rewarding. Thank you very much. I have a few questions for you. 1. why choose adbe as a stock 2. under what time conditions is it feasible? Is the actual trading time around Dec 14, 2022? 3. Is there a volatility requirement, such as what volatility or ratio is more conducive to iron condor profitability (not out of bounds), such as implied volatility or historical volatility? 4. how to choose the sell put sell call point. That is, how to choose the spacing Thank you very much for the video and I look forward to your reply. Thank you. Good luck with your work.
Great Video. IM confused on Implied Volaity. In a short Iron Condor since you want the stock to stay within a defined range wouldn't you want IV to be low?
Great video, thanks for putting the work in to produce this.. Do you have other "more aggrssive" ways of defending the position if the market starts to threaten your strikes?.
Say the stock moves up quite a bit, coming close to your short call strike. Would you ever buy to close your put credit spread for a good profit and sell a new one closer to the current stock price to collect more premium, thereby lowering your break even?
Please forgive the novice question but if you are in the green at Expiration, do you have to close the position receive your profit or can you just let it expire ?
I noticed that when buying the Put and Buying the Call, those number as far as Delta and Theta doesnt matter, right?? Those are just put in place for Risk Management.
Hi Henry . Huge fan brother . Love your videos , I Also use Robinhood but I don’t have that amount of Money u manage right now , not even close. You are not scared with Robinhood with all that money ? What are your thoughts ?
I trade 1-2DTE spy, iwm, and qqq iron condors and have loved it with this choppy market. Only a few times I’ve had to roll one leg, which I always keep buying power to do. Do you have any big downsides to this I should consider?
I still don't understand when to close the position, even if I'm green. Do I wait until expiration date? If the stock stays within the range of my iron condor the way I understand this is that I supposed to hold onto expiration date because time decay makes money. Somebody please confirm that im wrong...
Thanks for these videos Henry , much appreciated. Hmmm I am a bit confused with the call option you set as the first profit was marked around 665 (7.55 min) and you said around 60 and then you place another option and it drops to 178. What am I missing
What happens if ADBE went to 396 and the person you sold your call to exercised before expiration? Or what if ADBE fell to 309 and the person you sold your put to exercised before expiration. 173 bucks isn't looking near enough for this kind of risk. Exiting this trade is just as important as getting into it.
Am I missing something? Who is getting approved for level 3 options with small accounts? I mean if you had years and years experience you probably wouldn’t have a small account.
How do you leave your robinhood strategy to close ? Seems that on robinhood you have to set your sel limits every day as they cancel at the end of the day?
can someone help me, how to I make my robinhood account let me buy iron condors, it lets me only buy one option at a times. It tells me that I have to place separate orders.
First , must be on Tier 3 . And each pair of legs must be bought separately. You would do a put credit spread , then go up and open a call credit spread . Remember to sell first then buy second on credit spreads .
One thing i'm confused about: what if the stock price falls just below your Put sell, but remains just above your Put you bought? wouldn't that mean you have to purchase 100 shares at the price of the stock?
The problem not explained is that if the trade starts to go against you and the stock starts to say go up, the break even explained in video is no longer the case. Video implies most you’d lose is $160 or half the premium - but as stock rises the premiums rise and the cost to close will be substantially more - can you do a video explaining this? Or is your strategy to hold through expiry no matter what? There is more risk here than you are explaining.
I’m pretty sure most people who know how options work KNOW that you shouldn’t be holding them till expiration. You should always sell 2 days before expiration and of let’s say it goes above or below break even before expiration it’s you’re choice whether you want to close the position or keep it open in hopes it goes back to the money
bro i bought robinhood gold and still didnt get options level 3 so im going to do 10 trades maybe that'll allow me because naked calls and puts is so bad
You have to show trading experience. On the Options Enable tab , you can request tier 3 . It will ask you some trading questions and depending on your responses will depend on approval . Hint , you must have a high risk tolerance and account is for speculative and growth . Hope this helps !
NICE VIDEO ..... PLS 😔I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I strongly advise you against salf trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert Mrs Sophia Mitchell
On Jan 27 ADBE was $363. Today (Feb 2) it hit $398, and is trading at $385 after hrs. I wonder if the range should've been a little wider toward the upside, but reducing profit potential? What happens if it's $400 on 3/17?
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
@@archerfire77 ? Makes no sense, if you get assigned early and have the capital for assignment you just wait and exercise your long side. Don't trade short what you don't have capital to handle assignment.
@@pennellbd did an Inverse Iron Condor. My upper short put got assigned, forcing me to automatically buy the stock $5 higher than it was at. Didn't want to hold the stock as it was trending down
the best strategy is covered calls, i quit my law enforcment job with it. i buy the shares and sell a call right at the money. ex: Always 1 week advance contracts two weeks max, if my avg price is $99.9 my strike price is $100. Collect a nice premium and hope it gets exercised and i get to collect another nice big premium. if i dont get exercised i roll it to the next week until i get exercised. p.s. i only buy the same stocks over and over again. AMZN, GOOGL, AMD, and TSLA if im feeling a little risky that week. Started this Jan 2023 and lost only one small trade.
![Diggy Graves - Red Vineyard [Official Lyric Video]](http://i.ytimg.com/vi/8Ro085T0mnQ/mqdefault.jpg)
Now that I understand trading, your videos are AWSOME!!! I'm going back to your old videos because I am learning a lot. Thanks Henry.
Very good video, very rewarding. Thank you very much.
I have a few questions for you.
1. why choose adbe as a stock
2. under what time conditions is it feasible? Is the actual trading time around Dec 14, 2022?
3. Is there a volatility requirement, such as what volatility or ratio is more conducive to iron condor profitability (not out of bounds), such as implied volatility or historical volatility?
4. how to choose the sell put sell call point. That is, how to choose the spacing
Thank you very much for the video and I look forward to your reply. Thank you. Good luck with your work.
Great Video. IM confused on Implied Volaity. In a short Iron Condor since you want the stock to stay within a defined range wouldn't you want IV to be low?
because you are selling for a credit. higher IV would give you better premium
Do you have to own the stock in order to sell calls and puts?
Finally a great explanation of Iron Condor.
saab maja ma Patel bahi!!
and if I remember right the stock will move sideways as long as there's no event like an earnings report.
Great video, thanks for putting the work in to produce this.. Do you have other "more aggrssive" ways of defending the position if the market starts to threaten your strikes?.
Say the stock moves up quite a bit, coming close to your short call strike. Would you ever buy to close your put credit spread for a good profit and sell a new one closer to the current stock price to collect more premium, thereby lowering your break even?
Still learning…,
Are you using Robinhood as your platform?
In the video he is
@@doodlebob9800
Lol 😆 wouldn’t hurt to to ask. 😉👍🏽
Please forgive the novice question but if you are in the green at Expiration, do you have to close the position receive your profit or can you just let it expire ?
You can let it expire.
I noticed that when buying the Put and Buying the Call, those number as far as Delta and Theta doesnt matter, right?? Those are just put in place for Risk Management.
They matter, it’s just a question of how wide you want your wings…which is part of that risk management.
Hi Henry . Huge fan brother . Love your videos , I Also use Robinhood but I don’t have that amount of Money u manage right now , not even close. You are not scared with Robinhood with all that money ? What are your thoughts ?
Thanks Henry. Why not use SPX ? It has numerous advantages over stocks for iron condors.
If I short qqq at 270$ , and sell puts every week at 240$ , what is my risk with this strategy except that market start a big rally ?
I trade 1-2DTE spy, iwm, and qqq iron condors and have loved it with this choppy market. Only a few times I’ve had to roll one leg, which I always keep buying power to do. Do you have any big downsides to this I should consider?
I hear topical birds tweeting in the background. Proof that iron condors really work!
Great video! Why don’t you use tastyworks since you trade option’s frequently?
Merry Christmas and happy New years🎄
Great strategy! Sometimes I have a hard time believing that it’s legal.
Henry do you cash out money from Robinhood or never?
Nice tutorial and portfolio value. A little off topic from defined risk strategy, Would robinhood allow higher than level 3 trading?
henry please put turn dark mode back on this hurts my eyes (still love your content tho)
How do I join discord
I still don't understand when to close the position, even if I'm green. Do I wait until expiration date?
If the stock stays within the range of my iron condor the way I understand this is that I supposed to hold onto expiration date because time decay makes money. Somebody please confirm that im wrong...
You close your position anytime but when 1 day left for contract to expire you won’t be able to close it
Generally I close some where between 50% to 80% of max profit. Why keep the Risk on once you’ve made a majority of the possible profit already.
Thanks for these videos Henry , much appreciated. Hmmm I am a bit confused with the call option you set as the first profit was marked around 665 (7.55 min) and you said around 60 and then you place another option and it drops to 178. What am I missing
You are not missing anything. Henry has a habit of glossing over data that doesn't match his ales ptich.
What happens if ADBE went to 396 and the person you sold your call to exercised before expiration? Or what if ADBE fell to 309 and the person you sold your put to exercised before expiration. 173 bucks isn't looking near enough for this kind of risk. Exiting this trade is just as important as getting into it.
Am I missing something?
Who is getting approved for level 3 options with small accounts? I mean if you had years and years experience you probably wouldn’t have a small account.
You lie
Wouldn't put it past robinhood.
Trade &SPX and you can’t be assigned early
I was approved for level 3 with $100 in my account. Lol. Granted, I have had my Robinhood account open for a few years. Maybe that helped?
How do you leave your robinhood strategy to close ? Seems that on robinhood you have to set your sel limits every day as they cancel at the end of the day?
How do I join the discord ?
coaching.investwithhenry.com/optin
lol maybe don’t put that thumbnail when the video is titled small account but thanks for the good info
Love the vids
How come the max profit is more than the credit?
Wondering the same
can someone help me, how to I make my robinhood account let me buy iron condors, it lets me only buy one option at a times. It tells me that I have to place separate orders.
First , must be on Tier 3 . And each pair of legs must be bought separately. You would do a put credit spread , then go up and open a call credit spread . Remember to sell first then buy second on credit spreads .
@@MandoDeLeonyou can set up the whole thing at the same time, but yes you have to be tier 3.
One thing i'm confused about: what if the stock price falls just below your Put sell, but remains just above your Put you bought? wouldn't that mean you have to purchase 100 shares at the price of the stock?
if you dont close it before the market close, your broker will assign 100 shares for you.
Close the trade before that happens
How to join your discord
The problem not explained is that if the trade starts to go against you and the stock starts to say go up, the break even explained in video is no longer the case. Video implies most you’d lose is $160 or half the premium - but as stock rises the premiums rise and the cost to close will be substantially more - can you do a video explaining this? Or is your strategy to hold through expiry no matter what? There is more risk here than you are explaining.
Is that Dutch for call me?
I’m pretty sure most people who know how options work KNOW that you shouldn’t be holding them till expiration. You should always sell 2 days before expiration and of let’s say it goes above or below break even before expiration it’s you’re choice whether you want to close the position or keep it open in hopes it goes back to the money
bro i bought robinhood gold and still didnt get options level 3 so im going to do 10 trades maybe that'll allow me because naked calls and puts is so bad
You have to show trading experience. On the Options Enable tab , you can request tier 3 . It will ask you some trading questions and depending on your responses will depend on approval . Hint , you must have a high risk tolerance and account is for speculative and growth . Hope this helps !
I’ve been waiting for this video ❤
NICE VIDEO ..... PLS 😔I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
I strongly advise you against salf trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert Mrs Sophia Mitchell
Wow I'm just shock you mentioned and recommended Expert Mrs Sophia Mitchell,I thought I'm the only trading with her
You don't need to be shock because I'm also a huge beneficiary of expert Mrs Sophia Mitchell
On Jan 27 ADBE was $363. Today (Feb 2) it hit $398, and is trading at $385 after hrs. I wonder if the range should've been a little wider toward the upside, but reducing profit potential? What happens if it's $400 on 3/17?
Well, it looks like you lost money on your NVDA call credit spreads.
better buy call before earning, it will make money for sure and less risks !
What happens if the stock goes in to the red zone for a day or two but then bounces back?
I am abundance
I did a butterfly on ADBE a few days ago before it moved up😢 losing money, about to expire 😔
Roll the losing side to a future date, keep the winning side.
100
I really appreciate the dedication in each video you post, , I was able to build a big income stream investing with Mrs Jasmin Adele
wow.. amazing to see others who trade with Mrs Jasmin Adele, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
@Mason alfie
You can communicate with her by t elegam with the user name .
investwithjasmin is the user name,
Thanks so much my just telling me about u first video I watch I’m already in love with ur channel
It’s risky I don’t recommend it
These things always have a way of screwing you in the end.
Yah had mine early assigned this morning, got screwed instant $500 despite a 'max loss' of $200
@@archerfire77 ? Makes no sense, if you get assigned early and have the capital for assignment you just wait and exercise your long side. Don't trade short what you don't have capital to handle assignment.
@@pennellbd did an Inverse Iron Condor. My upper short put got assigned, forcing me to automatically buy the stock $5 higher than it was at. Didn't want to hold the stock as it was trending down
@@le-nguyentran5918 yeah these love wrecking my account.
This is really risky. Expires 2 days after earnings.
the best strategy is covered calls, i quit my law enforcment job with it. i buy the shares and sell a call right at the money. ex: Always 1 week advance contracts two weeks max, if my avg price is $99.9 my strike price is $100. Collect a nice premium and hope it gets exercised and i get to collect another nice big premium. if i dont get exercised i roll it to the next week until i get exercised.
p.s. i only buy the same stocks over and over again.
AMZN, GOOGL, AMD, and TSLA if im feeling a little risky that week.
Started this Jan 2023 and lost only one small trade.