I love your videos man. You are just to the point. I lost 1m in spread trading with leverage. I love what you do. You are very honest and transparent. God Bless you bro.
80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large $5m stock/bond portfolio for substantial gains at minimum risk of inflation.
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks, Henry for the detailed course, Very insightful! I have a question --> Suppose I own a stock with an average price of 100 and I sell a call option at 105, If the stock crashes at 80 or 70, I can't sell calls again at a 30% delta because the strike price for 30 delta would be somewhere around 85 or 90, which will mean I would be selling an underwater call which would lead to losses If I get assigned. How do I tackle that situation, Do I hold and wait till the stock moves back up near my average buy price before I start selling call options again Thanks
Today - November 18th - Tesla just closed at $339. Your covered call at $275 …. Is $60 a share “missing” the share price rise.. are you rolling, closing or waiting the 45 days hoping it comes back down? Tesla is targeted to go to $400 plus by year end! Surely Tesla is to dangerous (so much news to move the stock weekly!) to do covered calls months out! Surely weekly Covered Calls are safer? Your thoughts?🤔
I have checked the AAL . The closest to the price options both put and call. Will make your 4$ while holding 1.3k. Not so much volume beyond those prices
Please make a video on how you choose a stock for wheel strategy as well as spread strategies? for example, how do you determine how much a stock is worth, when you're making a decision to sell options? Thank you very much
My only thing is you have to have a nice amount in your portfolio I truly see the math and how it works . My account will be where I need it to be to make this passive income keep posting content.
Listened to the whole thing and still don't get what the heck is the wheel strategy. You need to simplify it. That said, I got a ton of great info in this video. Thank you!
Fantastic video thanks man! Can I just clarify, when choosing the bollinger band extremes for selling your puts/calls, do you wait for the price to be around the middle of the BB or closer to either side? Thank you!
Hey Henry, been watching and learning for about 3 months now. I'm watching Bitcoin just rip into all time highs, and after learning about Microstrategy's new game plan (mapped out in the most recent earnings call) I am VERY interested in just running the Wheel Strategy on MSTR. The trouble I see is that it is ripping up as well, because of their BTC position. My question; How do you choose a Strike Price on a stock that is near the high of it's Bollinger Bands? Should I just accumulate the 100 shares and go for covered calls until a pullback?
Philly boy here! I might be doing something wrong because in a month I made 25% with the wheel strategy instead 3 or 4%. Can anyone share their % over a month?
I prefer trading weekly because trading monthly can involve too many unforeseen events that may affect the stock. Weekly trading allows me to protect and position my trades without being locked in for long periods.
When you went from $7k to $100k to $700k what exactly were you doing? You said tesla spreads but how much were the spreads and delta and were you expiration date and were you holding winners till expiration?
These strategies work but trust Me he was aggressively adding income to get to 700k don’t think you will go from 7k to 700k as quickly as he did without adding. His membership and courses also cost a lot of money more than the average person can afford so that helps to grow your account as well with these excellent strategies
@@Eddie-rt7yj I think he was going super crazy with risk doing big dollar at the money spreads in Tesla. He didn't have a successful channel and courses in 2020-2021
Thanks so much for all your effort and putting this together Henry! This was quite comprehensive and answered so many of my questions, including some I haven't been able to find good answers for since starting the wheel earlier this year (months ago, before finding your channel). One in particular was the one with adjusting for market conditions since we've been so bullish this year and I was wondering how to deal with the markets if/when it turns bearish. I'd read so many various "strategies" such as keeping 50% of the account in cash, inverse wheels, and so many other ones whereas your advice on really hammering down on good stock selection, finding things like beat down stocks, focusing on solid sectors, utilizing 85% of the account, how to roll these out even if they're below average cost, etc. were all such valuable pieces of advice. Thanks again and Happy Biirthday!
is it fine if I open a long call and a short call in separate order tickets and treat it as a pmcc? I use ibkr mobile and thats the simplest way to reopen new short calls after the previous expires.
Video about hedging wheel properly? If short puts then long puts as hedge but poor man’s covered put as a hedge will have a capped loss while your puts are uncapped. So it may not hedge well. Back ratio?
@@AmeliaRago Greatest thing that has happened to me is knowing Franchesca I heard about Franchesca colton last year for the first time due to my friend telling me about her financial expert that helped her scale her investments and trading, after then my life has changed for good... God bless Franchesca
Been loosing so much but then I met Franchesca Colton, didn't believe at first but she Helped me flip my $3k to $15k in less than a week I don't take her platform for Granted. I'm so grateful to her.
if you roll a covered call to another out if the money you still loose money? i rolled a coverd call to 2 months from now i got paid 2k premium but shoes -6,000 on realized gain section?
hey man , my portfolio crossed a thosand today , i invested in palantir and bought call options (not sell because I don't have 100 stock) , and I lost money right after I bought the option , Is that normal ?
It's funny how so many people were sitting on cash thinking the market would crash soon and now with Trump elected it's booming again just shows time in market beats timing the market.
Henry, around 1:25:00 where you're talking about reasonable expectations for risk adjusted return, is the 4% monthly return with or without margin? I'm currently using a margin portfolio and its giving me 4x leverage. If I'm getting 4% per month on my actual capital thats a 16% return per month with margin. Please let me know if you're achieving 4% monthly return with or without margin using this strategy. Thanks
Please long video on stock selection at values under 20 bucks!.
or when everything is over sold
Tsll
Lots of screeners out there for this…
Yes!! I don't have the capital yet to do covered calls on high value stocks. Would love to find some stocks around $20 to do covered calls on.
Look at CTRA, very good stock currently trading around $25 and upward monentum
Absolutely fantastic Henry. Thank you. You overdeliver every time.
Thanks again Henry for a great video your advice and knowledge has made me over a couple grand in this past two weeks since following you. Bravo!!
Happy Birthday Henry. Best presentation of options yet!
I love your videos man. You are just to the point. I lost 1m in spread trading with leverage. I love what you do. You are very honest and transparent. God Bless you bro.
Up 155% with the wheel and poor mans covered call. Thanks for getting me back in the game.
Happy Birthday! Learning a lot! Im a follower from the philippines
80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large $5m stock/bond portfolio for substantial gains at minimum risk of inflation.
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
We need a transcribe for this video!!! Need to take notes and write it down.
Happy birthday Henry 🎊 🎉🧇🎂
Ultra helpful video. It filled in a lot of the gaps for me. Thank you.
This video is absolute gold! If I could like it more than once, I certainly would. Thank you for all the amazing information.
You said that the article you read was when you were at Sachs. The article you are showing says March 2023- no biggie - just wondering which is which
Thanks, Henry for the detailed course, Very insightful!
I have a question --> Suppose I own a stock with an average price of 100 and I sell a call option at 105, If the stock crashes at 80 or 70, I can't sell calls again at a 30% delta because the strike price for 30 delta would be somewhere around 85 or 90, which will mean I would be selling an underwater call which would lead to losses If I get assigned.
How do I tackle that situation, Do I hold and wait till the stock moves back up near my average buy price before I start selling call options again
Thanks
Really need a video in stock selection for wheel and the tools to use for selecting the stock
Today - November 18th - Tesla just closed at $339. Your covered call at $275 …. Is $60 a share “missing” the share price rise.. are you rolling, closing or waiting the 45 days hoping it comes back down? Tesla is targeted to go to $400 plus by year end! Surely Tesla is to dangerous (so much news to move the stock weekly!) to do covered calls months out! Surely weekly Covered Calls are safer? Your thoughts?🤔
Happy Birthday, Henry!
I have checked the AAL .
The closest to the price options both put and call. Will make your 4$ while holding 1.3k.
Not so much volume beyond those prices
For growth stocks, wheel strategy significantly underperforms simple Buy and Hold. This is common knowledge.
Best teacher on the web for sure. What do you think of BA to bring into the wheel house?
Great video with lots of details. TY!
Thanks for sharing this Henry
Please make a video on how you choose a stock for wheel strategy as well as spread strategies? for example, how do you determine how much a stock is worth, when you're making a decision to sell options? Thank you very much
Love this video! I really enjoy all your videos. Thank you for what you do and trying to help others!
Yes your video on stock selection will get more views then any other video you make.
Happy birthday Man!
Hi Henry
Thank you for sharing your knowledge.
When do you usually roll your covered calls? timewise.
I am interested in your one on one coaching what’s required?
Good night, I will continue tomorrow morning the first thing !
Did you sell that Covvered Call on TSLA at $275 12/20 I think it was? That is deep in the money now. What is your strategy for a CC deep in the money?
My only thing is you have to have a nice amount in your portfolio I truly see the math and how it works . My account will be where I need it to be to make this passive income keep posting content.
Listened to the whole thing and still don't get what the heck is the wheel strategy. You need to simplify it. That said, I got a ton of great info in this video. Thank you!
The goat has posted
greatest of all time !
Thanks for sharing this, Henry. Extremely helpful!
I have a question why are you using 365 days when there are only 252 days of trading in a year when we remove weekends and holidays?
Happy Birthday!🎊🎁🎂
How nice of you
Great video! I have learned a lot from you recently.
Fantastic video thanks man! Can I just clarify, when choosing the bollinger band extremes for selling your puts/calls, do you wait for the price to be around the middle of the BB or closer to either side? Thank you!
starting a small account, should i run the wheel on sofi, start with selling credit spreads, or PMCC's?
CAn you make also a video for earnings? How to manage? Because the stock can go up or down.
Great video uncle Henry !
Can you talk about taxes and or declaring yourself as a business? Can you make a business out of being a trader?
Hey Henry, been watching and learning for about 3 months now. I'm watching Bitcoin just rip into all time highs, and after learning about Microstrategy's new game plan (mapped out in the most recent earnings call) I am VERY interested in just running the Wheel Strategy on MSTR. The trouble I see is that it is ripping up as well, because of their BTC position. My question; How do you choose a Strike Price on a stock that is near the high of it's Bollinger Bands? Should I just accumulate the 100 shares and go for covered calls until a pullback?
Great content thanks for sharing; stock screening would very helpful. Happy birthday!
Thanks for watching!
in your opinion what would be the best strategy for profits . of all option strategies ?
Great video, thank you, Henry.
Philly boy here! I might be doing something wrong because in a month I made 25% with the wheel strategy instead 3 or 4%. Can anyone share their % over a month?
awesome video! Happy Birthday!!!
yay, no blurry video! ;)
Loving the daily content
thanks a lot. very well presented
I prefer trading weekly because trading monthly can involve too many unforeseen events that may affect the stock. Weekly trading allows me to protect and position my trades without being locked in for long periods.
This was rad😂
Happy birthday man🎉
Teach me your ways
Awesome info
Its so valuable
When you went from $7k to $100k to $700k what exactly were you doing? You said tesla spreads but how much were the spreads and delta and were you expiration date and were you holding winners till expiration?
These strategies work but trust
Me he was aggressively adding income to get to 700k don’t think you will go from 7k to 700k as quickly as he did without adding. His membership and courses also cost a lot of money more than the average person can afford so that helps to grow your account as well with these excellent strategies
His videos are also very informative he’s a good teacher
@@Eddie-rt7yj I think he was going super crazy with risk doing big dollar at the money spreads in Tesla. He didn't have a successful channel and courses in 2020-2021
Thanks so much for all your effort and putting this together Henry! This was quite comprehensive and answered so many of my questions, including some I haven't been able to find good answers for since starting the wheel earlier this year (months ago, before finding your channel). One in particular was the one with adjusting for market conditions since we've been so bullish this year and I was wondering how to deal with the markets if/when it turns bearish. I'd read so many various "strategies" such as keeping 50% of the account in cash, inverse wheels, and so many other ones whereas your advice on really hammering down on good stock selection, finding things like beat down stocks, focusing on solid sectors, utilizing 85% of the account, how to roll these out even if they're below average cost, etc. were all such valuable pieces of advice. Thanks again and Happy Biirthday!
Would Love a stock selection posts
Can you wheel index etfs like SPY or QQQ?
Yes but since they’re expensive stocks you’d need 50k ish in collateral per trade
is it fine if I open a long call and a short call in separate order tickets and treat it as a pmcc? I use ibkr mobile and thats the simplest way to reopen new short calls after the previous expires.
Run the wheel
Don’t be afraid to get assigned
Watch ur deltas strikes and dates
Easy peast
Please keep posting content. Love your channel.
Video about hedging wheel properly?
If short puts then long puts as hedge but poor man’s covered put as a hedge will have a capped loss while your puts are uncapped. So it may not hedge well.
Back ratio?
If covered call makes more money then stock, why SPY Covered call ETF (QYLD) is under-performing SPY ETF please
Great video!
What's the best strategy to succeed for someone with more or less than $13k??
Almost gave up due to constant losses but Franchesca PV Colton turned my life around
My monthly yield with Franchesca is crazy high! I finally quit my 9-5
@@AmeliaRago Greatest thing that has happened to me is knowing Franchesca I heard about Franchesca colton last year for the first time due to my friend telling me about her financial expert that helped her scale her investments and trading, after then my life has changed for good... God bless Franchesca
Leveraging market changes is a remarkable talent Franchesca has trust me
Been loosing so much but then I met Franchesca Colton, didn't believe at first but she Helped me flip my $3k to $15k in less than a week I don't take her platform for Granted. I'm so grateful to her.
I want to join your discount
if you roll a covered call to another out if the money you still loose money? i rolled a coverd call to 2 months from now i got paid 2k premium but shoes -6,000 on realized gain section?
Yes. Rolling a trade is the same as closing your existing trade for a realized loss and opening a new trade.
Dale henry 👍🚀
I joined your email list, but didn't receive the recording.
I see "Pałac Kultury i Nauki" 🇵🇱
Can anybody tell me , which app should be best for wheel strategy for options trading in CANADA ?
Interactive Brokers is a good one to use in Canada.
hey man , my portfolio crossed a thosand today , i invested in palantir and bought call options (not sell because I don't have 100 stock) , and I lost money right after I bought the option , Is that normal ?
he doesn't buy options, buying options has a lot more risk than selling, if you dont know what youre doing
@ but selling puts requires 100 stock ownership
@@Akhil_Anchooriselling cash secured puts requires collateral to cover the put in the event your are assigned.
@@Akhil_Anchooriwhich call strike and expiration date did you choose
You’re not a bot right?
Time for another Tesla example video
Speaking of TesIa you are correct. It is now at a high today of 299.750. Do you think it will continue moving up?
Time for straddles
The first one 🎉
Can I start with $10k and aim for $50k in 12 months? Is this doable in Bull and/or a Bear Market?
no
It's funny how so many people were sitting on cash thinking the market would crash soon and now with Trump elected it's booming again just shows time in market beats timing the market.
How do i join discord?
in description
Why not just buy jepi jepq gpix gpiq
IMO The perfect stocks for this play are your coca cola’s in the world. Don’t do it with High Growth stocks.
Hablas muy rapido😢
First
Henry, around 1:25:00 where you're talking about reasonable expectations for risk adjusted return, is the 4% monthly return with or without margin? I'm currently using a margin portfolio and its giving me 4x leverage. If I'm getting 4% per month on my actual capital thats a 16% return per month with margin. Please let me know if you're achieving 4% monthly return with or without margin using this strategy. Thanks
please contact me with info on your one on one teaching. thanks mark
I have no way to contact you. You contact me lol.
🫶🏾🫶🏾
Why not just buy jepi jepq gpix gpiq