If anyone wants notes from the video, I wrote these out. 1. Buy deep in the money. - Provides higher leverage. - Results in a lower break-even point at expiration. - Break-even calculation: Strike price + premium paid. - Lower strike price leads to a lower break-even point.
2. Ensure liquidity. - Target a delta of 0.75 to 0.85. - Avoid options with wide liquidity spreads (e.g., $500 wide). - Evaluate metrics for liquidity: - Open Interest: High open interest (e.g., over 1,000 contracts) is favorable. - Volume: Reflects the number of contracts traded daily; can be low for LEAP options. - Bid-Ask Spread: Tighter spreads indicate better liquidity. 3. Choose long expiration dates. - Recommended: At least a year and three months out. - Benefits: - Potential for long-term capital gains tax rates. - Buffer against exponential theta increase. - Sell three months before expiration or roll out the LEAP option. 4. Be prepared for volatility. - Expect significant fluctuations in LEAP option value. - Monitor the overall trend for an upward regression line in a bull market. - Maintain around 10% of your portfolio in LEAPs to manage risk. 5. Avoid over-allocating. - Keep LEAP options allocation around 10% of your portfolio. - Avoid putting your entire portfolio into LEAP options to manage risk. 6. Buy on solid companies. - Prefer Blue Chip stocks and well-known companies with high liquidity. - Examples: Apple, Google, Microsoft, Amazon. - Avoid speculative or lesser-known stocks. 7. Hold or double down during dips based on risk tolerance. - Hold: If risk-averse, hold through dips. - Double Down: If risk-tolerant, consider: - Buying more LEAP options. - Selling underperforming options and refreshing leverage with new deep in-the-money options. 8. Avoid panic selling. - Do not sell in a panic if the stock goes down. - Options for handling dips: - Hold and let the LEAP expire if necessary. - Sell and buy new LEAP options. - Buy more LEAP options. 9. Monitor liquidity and extrinsic value. - Ensure options remain liquid to facilitate easy entry and exit. - Calculate extrinsic value: - Intrinsic Value = Stock Price - Strike Price. - Extrinsic Value = Option Price - Intrinsic Value. 10. Sell for profit if liquidity dries up. - Sell if liquidity deteriorates significantly. - Aim to sell three months before expiration to avoid theta decay. - Consider exercising the option if extrinsic value is low and liquidity is poor.
If you want a notes on the notes: 1. **Deep In-The-Money Options:** Higher leverage, lower break-even. 2. **Ensure Liquidity:** Delta 0.75-0.85; high open interest, volume, and tight spreads. 3. **Long Expiration Dates:** 15+ months out for gains and less theta decay. 4. **Prepare for Volatility:** Keep LEAPs at 10% of your portfolio. 5. **Avoid Over-Allocation:** Limit LEAP options to 10%. 6. **Buy Solid Companies:** Choose blue-chip stocks. 7. **Manage Dips:** Hold or double down based on risk. 8. **Avoid Panic Selling:** Hold or buy more during dips. 9. **Monitor Liquidity & Extrinsic Value:** Keep options liquid; track values. 10. **Sell if Liquidity Declines:** Sell before expiration or exercise if needed.
I made over a million dollars trading LEAPS based on what you taught us years ago. I’ve been using it ever since that time. Thank you for spreading your knowledge. It changed my life and my family’s lives.
8:48 bought LEAPS on Tesla back in February with 2 years to expiration, was down almost 50% by April. I know I'm always early (never time the bottom perfectly) so I always make sure to buy the furthest expiration I can afford. I didn't sell in April because why would you sell LEAPS at a loss, especially when there's so much time to recover and as of today the position is up 108%.
I'd like you you to evaluate Nancy Pelosi's trades. She does long-term calls. Every congress person has to report their stock trades. SO GLAD TO SEE YOU ARE BACK!
Hey Adam i want to say you really changed my life. I was a new trader in 2020 and lost the little bit of money i tried to invest. I was short sited, and wanted quick money without having to invest a good amount into a good company. I traded short options on meme speculative stocks and paid the price. but as of September 2023 i changed my strategy and became more patient, I seen your video on Leaps. and chose great reputable companies. I set my strike prices for a year or so out and I took my time picking stocks, bought low on red weeks and i just waited and OMG Im actually winnin! Started in September 2023 i got access to my rollover IRA from my previous employer it had $2,000 in it, and now its sitting at $10,000 as of todays Bell. Ill try to keep growing it. and Thanks for all the videos I hope your health improves.
Dude I learned options from you in 2021 and have been running the wheel and also selling covered calls for passive income over the last 3 years and have made over 350k doing about 20 minutes of work a week for set ups and everything is passive and perfect. thanks for all your tutorials back in the day, brother. sidenote: I'm so happy you are feeling better. We have chatted a few times over the past couple of years and I have witnessed the horror you and your bro have been through, I was seriously thinking it looked like you were at the end of giving a shit in the video you made months back when you were showing where you grew up and the beautiful landscapes. I'm not a religious guy, but I was praying to something to watch over you guys. I'm so pleased to see that you have found something that is finally helping you, you have done a complete 180 and it looks like this nightmare might be coming to an end. thank goodness. lastly, how is bro doing? is this treatment also working for him? good luck to you guys.
Thanks, man. I’m definitely in significantly less agony than I was even 1.5 months ago. My brother will be going with me to Denver on the 18th to get his Cytoxan infusion, so he’ll be feeling better soon, too. Appreciate your prayers. Throw one in for my vision, too? It’s all messed up and ain’t gettin any better. Glad to hear from you. Appreciate your comment.
Man glad to see you doing better and putting put content again always good to see good people beat a challenge in life and continue to do what you like
Hey Adam I'm glad you're feeling a bit better! I've been trading big tech calls expiring in 2026 and just rolling the gains into new calls, and just in the past 7 months I'm up 260% thank you for helping me build generational wealth
Hell yes! So stoked to have you back. Great video by the way! I just want to double down on what Adam said, don't buy LEAPs in shit companies[1]. Doing it with good blue chip stocks is 100% the way on LEAPs. Also, when the market and the underlying are both at all time highs-- at least wait for a small pullback of 5-10% on the underlying. They happen more frequently than you'd expect. *Finally* when that pullback happens do not try and catch the bottom, be patient, and catch the ride up. It's easier, safer, and will payout just as much (or more if the market decides to dump as a whole). [1] We're all filthy degens-- a few YOLOs, as long as you can afford to lose the money won't kill ya ;)
You actually made me 300k. I had 27k in my trading account 3 years ago when I started trading options. Your options videos were so clear and informative that they gave me the confidence to start trading the wheel and doing pmccs. I ended up buying leaps in a mid tech company called Nvidia and have rode it up right through the 10 for 1 split. That ride is responsible for the majority of the trade funds I have today, but I may not have seized the opportunity without your content. Thanks, man. Glad to see you back.
I made so much money from learning from your videos. My puts were exercised multiple times, I closed positions out of panic, I held calls for half a year to return the money, I rolled, I closed in loss to move money to something better. But I’m far better and comfortable to write options and estimate if to roll or close. Thank you alot!
This was great. Thank you so much. Is there anyway you could go into detail about the 3 alternatives you mentioned when the expiration date of your leaps starts to draw near? Specifically the costs, etc. associated with rolling over you position? As well as the option of "refreshing leverage by selling and buying a new LEAP option with a lower Delta." We could really do with a detailed video analyzing the mechanics of these alternatives, preferably with examples! Pretty pleassseee????😭😭😭😭
I clicked on this cuz I wanted to see me boi doing. Most importantly we don’t lose him. He seems like he going through stuff but he’s hanging in there for us and his family!
What is the fastest way to calculate what the strip price would be at a certain stock price. For example say qqq is selling at 1.00 @ 500 dollars and I want to set a limit order at 505, how would I figure out what the stripe price would be @ 505, just to make it easy say the qqq is trading at .99 / 1.00 to make it simple. How do i calculate what the strike price would be @ 505? Thanks for the help.
I lost money on LEAPS because I got unlucky with the last market crash timing. But I listened to you and didn’t over allocate so it didn’t hurt too much. I’ve also made money on LEAPS over and over. Overall your strategies work for me. You sound great, hope you keep feeling better.
@InTheMoney I am able to understand some of the concepts explained in this video but also failing to grasp the more complex concepts. Don't judge me. New to options but I do have a 6 figure long term portfolio. Could you please do an extensive video on how to trade leaps on robinhood for beginners. Big fan of this channel. I literally just discovered you last week and you seem like the needle in the haystack when it comes down to investment channels. No fluf, straight to the point just a little bit hard to understand for someone who is brand new to options trading. Thanks in advance.
Great to see you back and healthy again Adam. One tip for me to avoid paperhanding is not check my portfolio every single day. I set up alerts for some target stock prices on Yahoo finance and % gains on robinhood and only try to make decisions based on these milesones.
How do you get clearance from your broker to buy leaps to begin with? I’m level 0 options and can’t get more clearance to trade with leaps and diagonal spreads.
Now with talks of rate cuts on the horizon - one of your videos looking back historically, the market usually runs up until the rate cut actually occurs...then we're looking at a potential dive. Is that still kinda the outlook at this point? Maybe a vid topic revisit? Good to see you...and that outro still slaps.
Please please do a video about what to do when your LEAPs are past a year mark. I purchased quite a few based off your previous videos and when it came expiration day had no idea what to do with them. 🙏🙏🙏🙏🙏🙏
In glad you're back! I have a question about LEAPS. I've heard you say to not have more than 10% of your account in LEAPS. Do you mean TOTAL or just in one underlying? I think that as long as the expiration dates and underlyings are different, you should be OK. Any thoughts? Thanks so much!
Yoo the legend Adam is back. Because of your vids, I started a margin account 4 years ago and started doing the Wheel strategy for monthly income :) Keep thriving my guy
If you are constantly getting in too early, paper trade the option for a few months before buying the actual option. Also selling calls where you would sell the leap can help lower the cost.
Really appreciate the video. Explanation was very clear and helpful. I can relate to panic selling as 2 years ago when the market tanked I panic sold about $90k worth of stocks and I lost some money. Because I was mentally burned, I never even looked into the market for another two years. I had NVDA at around $100 before the 20 times growth, AMD at $60, meta at about $120, Palantir at $9, CVNA at $19, MSFT at around $320 or so. It would have been almost $300 - $400k by now and there is not a day that goes by for beating myself down for it. I have decided I won’t panic sell. I am working on learning options trading now. So anyone reading, do not panic sell. Market crashes will happen because there are much more powerful forces than us playing in the market. But none of them are going to pull out completely. Mostly they create bad news to induce fear to make everyone panic sell and they buy it back. 😂😂😂 Stay invested.
Actually a suggestion: Would love to see a real example of picking a good quality leap in an upcoming video. Like a decent SPY or QQQ leap, what Greeks to look for etc
Buying LEAPs looks to have some potential. It's basically simulating a stock purchase. Theta decay works against you so the underlying must be uptrending. Sell calls against it for synthetic covered call. Aka diagnal.
Shouldn’t be either 🤨 You should have the option to subscribe monthly for $19.99 a month or somewhere around $190/year for yearly access. Unless you live in a country where the exchange rate is wildly different, then go with whichever you want: monthly or yearly access.
If anyone wants notes from the video, I wrote these out.
1. Buy deep in the money.
- Provides higher leverage.
- Results in a lower break-even point at expiration.
- Break-even calculation: Strike price + premium paid.
- Lower strike price leads to a lower break-even point.
2. Ensure liquidity.
- Target a delta of 0.75 to 0.85.
- Avoid options with wide liquidity spreads (e.g., $500 wide).
- Evaluate metrics for liquidity:
- Open Interest: High open interest (e.g., over 1,000 contracts) is favorable.
- Volume: Reflects the number of contracts traded daily; can be low for LEAP options.
- Bid-Ask Spread: Tighter spreads indicate better liquidity.
3. Choose long expiration dates.
- Recommended: At least a year and three months out.
- Benefits:
- Potential for long-term capital gains tax rates.
- Buffer against exponential theta increase.
- Sell three months before expiration or roll out the LEAP option.
4. Be prepared for volatility.
- Expect significant fluctuations in LEAP option value.
- Monitor the overall trend for an upward regression line in a bull market.
- Maintain around 10% of your portfolio in LEAPs to manage risk.
5. Avoid over-allocating.
- Keep LEAP options allocation around 10% of your portfolio.
- Avoid putting your entire portfolio into LEAP options to manage risk.
6. Buy on solid companies.
- Prefer Blue Chip stocks and well-known companies with high liquidity.
- Examples: Apple, Google, Microsoft, Amazon.
- Avoid speculative or lesser-known stocks.
7. Hold or double down during dips based on risk tolerance.
- Hold: If risk-averse, hold through dips.
- Double Down: If risk-tolerant, consider:
- Buying more LEAP options.
- Selling underperforming options and refreshing leverage with new deep in-the-money options.
8. Avoid panic selling.
- Do not sell in a panic if the stock goes down.
- Options for handling dips:
- Hold and let the LEAP expire if necessary.
- Sell and buy new LEAP options.
- Buy more LEAP options.
9. Monitor liquidity and extrinsic value.
- Ensure options remain liquid to facilitate easy entry and exit.
- Calculate extrinsic value:
- Intrinsic Value = Stock Price - Strike Price.
- Extrinsic Value = Option Price - Intrinsic Value.
10. Sell for profit if liquidity dries up.
- Sell if liquidity deteriorates significantly.
- Aim to sell three months before expiration to avoid theta decay.
- Consider exercising the option if extrinsic value is low and liquidity is poor.
Oversold big companies or etf
Wow; thanks for the effort you put into writing this out.
If you want a notes on the notes:
1. **Deep In-The-Money Options:** Higher leverage, lower break-even.
2. **Ensure Liquidity:** Delta 0.75-0.85; high open interest, volume, and tight spreads.
3. **Long Expiration Dates:** 15+ months out for gains and less theta decay.
4. **Prepare for Volatility:** Keep LEAPs at 10% of your portfolio.
5. **Avoid Over-Allocation:** Limit LEAP options to 10%.
6. **Buy Solid Companies:** Choose blue-chip stocks.
7. **Manage Dips:** Hold or double down based on risk.
8. **Avoid Panic Selling:** Hold or buy more during dips.
9. **Monitor Liquidity & Extrinsic Value:** Keep options liquid; track values.
10. **Sell if Liquidity Declines:** Sell before expiration or exercise if needed.
@@774471jr Thanks for the notes on the notes! Here's some notes on the notes on the notes.
1. Buy low, sell high. Repeat.
greatly appreciate the extra effort, man! 👋
I made over a million dollars trading LEAPS based on what you taught us years ago. I’ve been using it ever since that time. Thank you for spreading your knowledge. It changed my life and my family’s lives.
Love to see things like this
Same here. Sittign o 120k unrealzid gains. I did over allocate haha.
How long was the period of time and how much was the invested amount ?
@ invested about $100k. Made my first million in about 10 months.
What underlying did you buy leaps on?
8:48 bought LEAPS on Tesla back in February with 2 years to expiration, was down almost 50% by April. I know I'm always early (never time the bottom perfectly) so I always make sure to buy the furthest expiration I can afford. I didn't sell in April because why would you sell LEAPS at a loss, especially when there's so much time to recover and as of today the position is up 108%.
Savsge
Sell now
Now your printing 🤑
@fishinfrenzy2544 whole portfolio +104% YTD 🤑📈
How about today?
If you have your own tips for trading LEAPS, let me know in the comments!
Deep in the money with at least 2x leverage. 18 months. Reasonable break-even point.
Would like your opinion on my apple leaps
@@jonathanlangford4291 What delta meets that 2x leverage? Or it it more about the contract premium versus stock price for you?
Buy low, sell high. Never fails me.
I'd like you you to evaluate Nancy Pelosi's trades. She does long-term calls. Every congress person has to report their stock trades.
SO GLAD TO SEE YOU ARE BACK!
Were so fucking back
fucking good to have you back
at least one person talking finance on this platform is not a complete clown
Hey Adam i want to say you really changed my life.
I was a new trader in 2020 and lost the little bit of money i tried to invest. I was short sited,
and wanted quick money without having to invest a good amount into a good company.
I traded short options on meme speculative stocks and paid the price.
but as of September 2023 i changed my strategy and became more patient, I seen your video on Leaps. and chose great reputable companies.
I set my strike prices for a year or so out and I took my time picking stocks, bought low on red weeks and i just waited and OMG Im actually winnin!
Started in September 2023 i got access to my rollover IRA from my previous employer it had $2,000 in it, and now its sitting at $10,000 as of todays Bell.
Ill try to keep growing it. and Thanks for all the videos I hope your health improves.
Just discovered this channel! What videos by ITM do you recommend on LEAPs and in general? I’m about a month into this world.
@@svrenema6752I’ll say do leaps if you can afford it.
The legend returns, welcome back InTheMoney!
…and STILL the best RUclipsr out there on sage, level-headed advice on trading options. Glad to have you back.
Dude I learned options from you in 2021 and have been running the wheel and also selling covered calls for passive income over the last 3 years and have made over 350k doing about 20 minutes of work a week for set ups and everything is passive and perfect. thanks for all your tutorials back in the day, brother.
sidenote: I'm so happy you are feeling better. We have chatted a few times over the past couple of years and I have witnessed the horror you and your bro have been through, I was seriously thinking it looked like you were at the end of giving a shit in the video you made months back when you were showing where you grew up and the beautiful landscapes. I'm not a religious guy, but I was praying to something to watch over you guys. I'm so pleased to see that you have found something that is finally helping you, you have done a complete 180 and it looks like this nightmare might be coming to an end. thank goodness. lastly, how is bro doing? is this treatment also working for him? good luck to you guys.
Thanks, man. I’m definitely in significantly less agony than I was even 1.5 months ago. My brother will be going with me to Denver on the 18th to get his Cytoxan infusion, so he’ll be feeling better soon, too. Appreciate your prayers. Throw one in for my vision, too? It’s all messed up and ain’t gettin any better.
Glad to hear from you. Appreciate your comment.
I'm so happy to see you back doing your amazing videos.
I hope you both are well on the road to recovery.
Sending love from Canada
Thanks! You are still the best instructor.
Thank you so much!
Good to have you back brother!
I missed the tips on LEAPs. Hahahaha I love the line "Let the LEAP die nobly" - mine did hahahaha. Great lesson to learn for me.
I was just thinking about you the other day bro - glad you’re back
the GOAT is back!
Man glad to see you doing better and putting put content again always good to see good people beat a challenge in life and continue to do what you like
SO GLAD to see you back!
Hey Adam I'm glad you're feeling a bit better! I've been trading big tech calls expiring in 2026 and just rolling the gains into new calls, and just in the past 7 months I'm up 260% thank you for helping me build generational wealth
It’s very nice to hear you speaking so well!
Congratulations on getting better!
GREAT to see you again! Prayers you're continuing to improve - and your brother. 👊
My wife and I are so happy to see you back! We've been checking in on how you and your brother are doing since it all started
Glad to see you healthy enough to make videos again!
Welcome back Adam! Hope you get better each day!
Good to see you back, I hope your health is improving. It looks like it is, much more coherent in this video.
Welcome back! You were very much missed. So glad to see you are feeling much better!
Great to Have you Back
Glad to see you back ...
So glad to have you back here Adam!
hope you are feeling well - welcome back
Welcome back brother ❤❤❤ you’ve been dearly missed
welcome back bro
Glad to see your back bro
I get so excited when you post videos! Welcome back
Hell yes! So stoked to have you back. Great video by the way!
I just want to double down on what Adam said, don't buy LEAPs in shit companies[1]. Doing it with good blue chip stocks is 100% the way on LEAPs. Also, when the market and the underlying are both at all time highs-- at least wait for a small pullback of 5-10% on the underlying. They happen more frequently than you'd expect. *Finally* when that pullback happens do not try and catch the bottom, be patient, and catch the ride up. It's easier, safer, and will payout just as much (or more if the market decides to dump as a whole).
[1] We're all filthy degens-- a few YOLOs, as long as you can afford to lose the money won't kill ya ;)
Missed you, mate. Welcome back!
You actually made me 300k. I had 27k in my trading account 3 years ago when I started trading options. Your options videos were so clear and informative that they gave me the confidence to start trading the wheel and doing pmccs. I ended up buying leaps in a mid tech company called Nvidia and have rode it up right through the 10 for 1 split. That ride is responsible for the majority of the trade funds I have today, but I may not have seized the opportunity without your content. Thanks, man. Glad to see you back.
That’s awesome man, so glad to hear
It's so good to see you back in action, dude. ❤
Nice to have you back with us! glad you feel better! great advice as always!
Glad you're back.
I made so much money from learning from your videos. My puts were exercised multiple times, I closed positions out of panic, I held calls for half a year to return the money, I rolled, I closed in loss to move money to something better. But I’m far better and comfortable to write options and estimate if to roll or close. Thank you alot!
This was great. Thank you so much. Is there anyway you could go into detail about the 3 alternatives you mentioned when the expiration date of your leaps starts to draw near? Specifically the costs, etc. associated with rolling over you position? As well as the option of "refreshing leverage by selling and buying a new LEAP option with a lower Delta." We could really do with a detailed video analyzing the mechanics of these alternatives, preferably with examples! Pretty pleassseee????😭😭😭😭
ive been waiting over a year for you to come back!! hell yess! lets go!
So excited for my favorite financial learning channel to be back!
Welcome back brother
great to have you back! cant wait for more vids. hope all is well with you and your brother
Happy to see you looking and sounding good😊
Guys… guys! He’s back!!
So glad to see you back!
Welcome back dude!!
Great to see you back and making content again! Continued prayers for you and Eric's recovery!
Glad to see you back!
Our boy is back! Hell yeah!!!
I clicked on this cuz I wanted to see me boi doing. Most importantly we don’t lose him. He seems like he going through stuff but he’s hanging in there for us and his family!
The man and the myth. Welcome back🎉
So glad that you're back.
2:30 Buy deep ITM, 0.7-0.8 delta, a year and 3 months out
9:45 Monitor liquidity and extrinsic value
glad to see you doing better!... 1 tip on leaps... monitor the actual option price not the stock to know when to buy that option.. iykyk..
The Boys “Deep ITM” Reference had me in stitches. LOL who says finance is boring? 😂
Was on your channelthe other day good to see you upload hope your health is trending upward
What is the fastest way to calculate what the strip price would be at a certain stock price. For example say qqq is selling at 1.00 @ 500 dollars and I want to set a limit order at 505, how would I figure out what the stripe price would be @ 505, just to make it easy say the qqq is trading at .99 / 1.00 to make it simple. How do i calculate what the strike price would be @ 505? Thanks for the help.
I lost money on LEAPS because I got unlucky with the last market crash timing. But I listened to you and didn’t over allocate so it didn’t hurt too much. I’ve also made money on LEAPS over and over. Overall your strategies work for me. You sound great, hope you keep feeling better.
Hey, great to see you back man! Thank you for the information 🙏
Love that you back welcome back
Welcome Back! Good to see you putting up content again, hoping your health continues to improve 🙂
Throughly enjoy your commentary and insight.
much love brother
Welcome back, happy to see you healthy.
Looking and sounding healthy, man. We're all glad you're back. Hopefully, your brother is doing just as good!
He will be soon! Thanks, bro
Let’s go baby!!! Happy to have you back
@InTheMoney I am able to understand some of the concepts explained in this video but also failing to grasp the more complex concepts. Don't judge me. New to options but I do have a 6 figure long term portfolio. Could you please do an extensive video on how to trade leaps on robinhood for beginners. Big fan of this channel. I literally just discovered you last week and you seem like the needle in the haystack when it comes down to investment channels. No fluf, straight to the point just a little bit hard to understand for someone who is brand new to options trading.
Thanks in advance.
Lets goo Glad to see ur good this year
Yo hold on Adam is back wtf welcome back bro 😂🙌💯
Hey! Glad to see you're back Adam! Hope you're doing better!
Great to see you back and healthy again Adam.
One tip for me to avoid paperhanding is not check my portfolio every single day. I set up alerts for some target stock prices on Yahoo finance and % gains on robinhood and only try to make decisions based on these milesones.
How do you get clearance from your broker to buy leaps to begin with? I’m level 0 options and can’t get more clearance to trade with leaps and diagonal spreads.
You need level 2 to buy calls and puts
For choosing a strike price, for instance GOOG is now at $190, for a one year LEAP is pricing it at $220 asking too much? Will it be out of the money?
Now with talks of rate cuts on the horizon - one of your videos looking back historically, the market usually runs up until the rate cut actually occurs...then we're looking at a potential dive. Is that still kinda the outlook at this point? Maybe a vid topic revisit?
Good to see you...and that outro still slaps.
When do you sell leaps ?
Please please do a video about what to do when your LEAPs are past a year mark. I purchased quite a few based off your previous videos and when it came expiration day had no idea what to do with them. 🙏🙏🙏🙏🙏🙏
In glad you're back! I have a question about LEAPS. I've heard you say to not have more than 10% of your account in LEAPS. Do you mean TOTAL or just in one underlying? I think that as long as the expiration dates and underlyings are different, you should be OK. Any thoughts? Thanks so much!
Can you make a video showing your process for how the mechanics of LEAPS work? (I.e. how you pick your stocks and strike prices). Thanks!
Dude! I got a leap on Walmart earlier this year! Just cashed in on 70% return thanks so much
Yoo the legend Adam is back. Because of your vids, I started a margin account 4 years ago and started doing the Wheel strategy for monthly income :) Keep thriving my guy
Good to see you making videos again bro
Looking good man . So glad to see you back . 🐐
If you are constantly getting in too early, paper trade the option for a few months before buying the actual option. Also selling calls where you would sell the leap can help lower the cost.
Yes!!! Welcome back bro!!!
Welcome back!
I'm so glad to see you back! 🎉
Really appreciate the video. Explanation was very clear and helpful. I can relate to panic selling as 2 years ago when the market tanked I panic sold about $90k worth of stocks and I lost some money. Because I was mentally burned, I never even looked into the market for another two years. I had NVDA at around $100 before the 20 times growth, AMD at $60, meta at about $120, Palantir at $9, CVNA at $19, MSFT at around $320 or so. It would have been almost $300 - $400k by now and there is not a day that goes by for beating myself down for it. I have decided I won’t panic sell. I am working on learning options trading now. So anyone reading, do not panic sell. Market crashes will happen because there are much more powerful forces than us playing in the market. But none of them are going to pull out completely. Mostly they create bad news to induce fear to make everyone panic sell and they buy it back. 😂😂😂 Stay invested.
Good to see the GOAT back in action!
Great to have you back Adam!
good to see you. you have not shown up in my feeds. Im glad your health is doing well
I was really excited when I saw that you had a new video come out. It's great to see you again and I hope you are happy and healthy. ❤
picking the right stocks. imagine having leaps on SBUX, NIKE, DIS from a year ago...
Might buy leaps on Nike
Are you a fan of MSTR using the Synthetic Cov Calls ?? Ive heard too high IV is not good but I dont understand why.
What do you think about buying deep ITM leaps on Nike and potentially exercising for shares?
Great vid, Adam. Good to see you back.
Actually a suggestion: Would love to see a real example of picking a good quality leap in an upcoming video. Like a decent SPY or QQQ leap, what Greeks to look for etc
you back!
Buying LEAPs looks to have some potential. It's basically simulating a stock purchase. Theta decay works against you so the underlying must be uptrending. Sell calls against it for synthetic covered call. Aka diagnal.
Hi Adam i want to be a member but i see 4500 and 200 which one is to choose? i comfuse.
Shouldn’t be either 🤨 You should have the option to subscribe monthly for $19.99 a month or somewhere around $190/year for yearly access. Unless you live in a country where the exchange rate is wildly different, then go with whichever you want: monthly or yearly access.
Great i will do yearly. im from Illinois. Would you drop me the link please. is this subscription take out from credit card automatically yearly?
Thanks for signing up! You can sign up here: www.patreon.com/inthemoney
It renews yearly but you can cancel any time.
Thank you Adam! im in!
Glad your back. Enjoy your videos. HAPPY NEW YEAR!