Great job covering the essentials. I’m sharing this to show what’s possible: as a retiree, I manage two portfolios-one focused on long-term dividend growth with strategic covered calls, and the other on crypto trading for income. This year, I’m on track to earn $120K from options and $730K from crypto profits, while my long-term portfolio continues to grow. It’s proof that you can generate strong income while maintaining a total return perspective. A key factor in my success has been the insights of a skilled guide like Loraine Souvenir. Her expertise has been crucial in helping me navigate and capitalize on these financial trends.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
I'm so impressed knowing how much people talk good about her expertise, i’ve been following Loraine’s strategies for months now, and I’ve finally reached the financial stability I’ve been striving for. Loraine's program has been the key to my success
You also are failing to mention that at any time you can buy back the put that you sold. I think it’s important to teach the new traders that options rarely go to expiration. They are usually bought back or sold before expiration that’s critical piece of information.
Impossible for everything to be said in one video. new option traders need to continue to do research and not expect everything to be taught in one simple video. There is so many other things, there is weekly, semi weekly, daily expirations etc.
Using puts to buy stocks for long term: YES The wheel: NO. 12k of option premium vs 1 year buy and hold spy which was about 25k profit. And if the market goes down a lot, you'll be left with expensive shares and the wheel stops turning because you cant sell calls on the strike price you bought the shares. So no wheel in market up or downtrends, only in ranging markets. Sell cash settled spreads if you want to earn money with option premium and only sell them when VIX is up.
@@brandonwelty-x6nwhat a bunch of cry babies, build your own strategy then you fools. This is a tiny introduction for beginners. Not for Wall st titans like you who’s hindsight is 20/20😂😂
It's nice to see Seth present an honest-to-God strategy (and not just a tool, which is all selling a credit spread is for example), with realistic descriptions of risks versus rewards, and also the useful tip that the "Wheel" will tend to underperform in very bullish conditions for whatever the underlying stock is, and overperform in bearish conditions (assuming that is that the stock is still in a bullish mode, long-term, as Seth cautions about!). Some of the previous videos I think gave what I believe were somewhat unrealistic claims, which in reality, only would be as wonderful as claimed because of the cherry-picked time period that was used in the demonstration. And they tended to understate or not go into to any real extent into the downsides and the risks involved. This one was not like that, it was realistic and a grounded, realistic presentation, presenting both the pros and cons and realistic expectations, and in a variety of different market conditions (bullish, sideways, bearish). Excellent job Seth! Very good education. Thank you.
Hello, I have two instances where the strike price was reached before expiration but no assignments were made. What does that mean? Apparently I still made money since nobody assigned those shares I still kept the premium. There was one other example where I actually made money by buying to close the short put that was never assigned, although it dropped below the strike price, any comments!, please. thank you.
You never get the shares assigned before expiration. That just doesn’t happen. It doesn’t matter if it just your strike price. And you will always keep the premium. The shares will only be assigned if the strike price was hit by the expiration date and you decided to not buy back the contracts.
And what happens after you are assigned and then the stock keeps dropping and dropping and dropping... At that point you don't get much premium for selling the call right?
Yes, this is the weakness of the wheel strategy, as Seth says, you only want to use it when you're pretty darn confident the underlying stock is bullish. And as Digitus250 indicated, if all indications are really bullish for the coming month, you can make a lot more with other strategies, including just buying a call, or buying a call and maybe selling a further out-of-the-money call to hedge risk and try to boost profits further.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Why do you use the same strike price of the Put on the Call? I always select a higher strike price for the Call. That way I collect a premium plus a profit on the stock. You are wasting an opportunity to make more money with no additional risk.
![Megan Thee Stallion - Mamushi (Remix) [feat. TWICE] [Official Audio]](http://i.ytimg.com/vi/5c0_u9PsrsQ/mqdefault.jpg)
SMB's Options Class: bit.ly/4hglnch
Great job covering the essentials. I’m sharing this to show what’s possible: as a retiree, I manage two portfolios-one focused on long-term dividend growth with strategic covered calls, and the other on crypto trading for income. This year, I’m on track to earn $120K from options and $730K from crypto profits, while my long-term portfolio continues to grow. It’s proof that you can generate strong income while maintaining a total return perspective. A key factor in my success has been the insights of a skilled guide like Loraine Souvenir. Her expertise has been crucial in helping me navigate and capitalize on these financial trends.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
I'm so impressed knowing how much people talk good about her expertise, i’ve been following Loraine’s strategies for months now, and I’ve finally reached the financial stability I’ve been striving for. Loraine's program has been the key to my success
И снова классная связка, каждый раз радуете все сильнее и сильнее
You also are failing to mention that at any time you can buy back the put that you sold. I think it’s important to teach the new traders that options rarely go to expiration. They are usually bought back or sold before expiration that’s critical piece of information.
Impossible for everything to be said in one video. new option traders need to continue to do research and not expect everything to be taught in one simple video. There is so many other things, there is weekly, semi weekly, daily expirations etc.
or rolled...but the wheel strategy is taking possession of the shares and then selling covered calls
Is it better to do this weekly or monthly?
I’ll have to find something that requires less cash since I only have about 30k, but I think I will give this a shot. Great video, thank you
Just like for cheaper good companies. And maybe do weeklies. I have a $15k account and I do about $100 a week
@@junemoran4550 just ran the first weekly cash secured put. Thanks for the idea of the “weekly wheel”
wheel is the best
Using puts to buy stocks for long term: YES The wheel: NO. 12k of option premium vs 1 year buy and hold spy which was about 25k profit. And if the market goes down a lot, you'll be left with expensive shares and the wheel stops turning because you cant sell calls on the strike price you bought the shares. So no wheel in market up or downtrends, only in ranging markets. Sell cash settled spreads if you want to earn money with option premium and only sell them when VIX is up.
Ive been selling puts on a stock the past months, had i bought calls for the same time id be up 3000% instead of 25%
Yup! NIO bag holder here.
@@brandonwelty-x6nwhat a bunch of cry babies, build your own strategy then you fools. This is a tiny introduction for beginners. Not for Wall st titans like you who’s hindsight is 20/20😂😂
What price are you in at @@Mixa2025
12% gains but 23% increase in the required capital is a net negative, right?
12% return.....nothing to brag about
$120k on $1millie
Yo you’re the typical goof ball, that likes to gives his dumb opinion but then actually does nothing to generate any money for himself
@@mayanaztec6440 It's not an opinion it's math, in his example he is using about 100K to generate 1K every month which is 12% return.
@@mayanaztec6440 It is not an opinion it's math, generating about 1K a month using 100K is 12% return per year .
@@skunkape5918 LOL
It's nice to see Seth present an honest-to-God strategy (and not just a tool, which is all selling a credit spread is for example), with realistic descriptions of risks versus rewards, and also the useful tip that the "Wheel" will tend to underperform in very bullish conditions for whatever the underlying stock is, and overperform in bearish conditions (assuming that is that the stock is still in a bullish mode, long-term, as Seth cautions about!).
Some of the previous videos I think gave what I believe were somewhat unrealistic claims, which in reality, only would be as wonderful as claimed because of the cherry-picked time period that was used in the demonstration. And they tended to understate or not go into to any real extent into the downsides and the risks involved.
This one was not like that, it was realistic and a grounded, realistic presentation, presenting both the pros and cons and realistic expectations, and in a variety of different market conditions (bullish, sideways, bearish).
Excellent job Seth! Very good education. Thank you.
Hello, I have two instances where the strike price was reached before expiration but no assignments were made. What does that mean? Apparently I still made money since nobody assigned those shares I still kept the premium. There was one other example where I actually made money by buying to close the short put that was never assigned, although it dropped below the strike price, any comments!, please. thank you.
You never get the shares assigned before expiration. That just doesn’t happen. It doesn’t matter if it just your strike price. And you will always keep the premium. The shares will only be assigned if the strike price was hit by the expiration date and you decided to not buy back the contracts.
And what happens after you are assigned and then the stock keeps dropping and dropping and dropping... At that point you don't get much premium for selling the call right?
Only sell puts when the stock is at major support level.
Yes, this is the weakness of the wheel strategy, as Seth says, you only want to use it when you're pretty darn confident the underlying stock is bullish. And as Digitus250 indicated, if all indications are really bullish for the coming month, you can make a lot more with other strategies, including just buying a call, or buying a call and maybe selling a further out-of-the-money call to hedge risk and try to boost profits further.
Yes !! That’s why you should only try this with stocks you only really want to hold long term if need be.
.....or sell your put at a lower strike price, (lower premium), which decreases the chance of being assigned.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Catherine Gauthier too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
In this example, your ROI would have been better buying and holding the SPY for the year and selling OTM Covered calls
i dig in deep where im at, count on no system saviour.
Why do you use the same strike price of the Put on the Call? I always select a higher strike price for the Call. That way I collect a premium plus a profit on the stock. You are wasting an opportunity to make more money with no additional risk.
Cash Secured Put... how many times will you make video on same strategy.
how ever many times it takes for you to give them $2000 on a cash secured put strategy workshop!
Also gotta put up fresh videos every so often to work the RUclips recommendations algorithm
If you want cash flow, buy boring real estate and rent it out
Until the tenant stops paying and you can't kick them out because of tenant laws.
@@ricomajestic I own 85 houses, never had that problem, next one in line to pay the rent. My renters are all couples with double salary and educated.