Selling Options For A livinig
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That's exactly how I did it
The insurance is already priced in
Welcome
Not a problem
There is no commision, there is only margin that you need to have in your account of around $10,000 cash and 5k margin account to earn around $2,000 income in two weeks.
It could even be 99% probability, doesn't mean there is no risk
Always credit since you want to get money from selling not paying for it
Please ask a little better since I don't understand you
I don't think so my friend.
This time around with oil moment away from $50 and less per barrel and elections in greece, I think the markets will go down starting next few days...
$RUSS is killing it today and I'm so glad I've alerted a buy to my followers here at around $24 few days ago :) now it's at $29 and up
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$RUSS is killing it today and I'm so glad I've alerted a buy to my followers on Ihub at around $24 few days ago :) now it's at $29 and up
Hey there,
Well if you have for example call spreads that you write on $100 stock.
So you write $110-$115
that means that you have 10% insurance from an up movement in the price from $100 to $110 before you start losing money.
If on FB and TWTR for example today I have around 7% insurance against a move in around two weeks which is holiday weeeks and I think it's a good bet.
Also the math formula picked those two so I'm happy with it :)
$TWTR - Math Formula Trade
Sell 40 $TWTR 40-42.5 Jam15 Call Spreads for $1,200 premium and 7% insurance in two weeks :)
$TWTR -
Sell 40 $TWTR 40-42.5 Jam15 Call Spreads for $1,200 premium and 7% insurance in two weeks :)
$FB - Math Formula Trade
Sell 40 $FB 72.5-87.5 Iron Condors for Jan15
Sell 75 Put Buy 72.5 Put
Sell 85 Call Buy 87.5 Call
For $2,000 premium and 7% insurance against any movement in 2.5 weeks.
Good odds I think
$FB -
Sell 40 $FB 72.5-87.5 Iron Condors for Jan15
Sell 75 Put Buy 72.5 Put
Sell 85 Call Buy 87.5 Call
For $2,000 premium and 7% insurance against any movement in 2.5 weeks.
Good odds I think
Good Morning Everyone -
I hope all had a good weekend.
My math formula found me two lovely trades that I will do today on $FB and $TWTR for the Jan15 expiration which is in 2.5 weeks from now and also around 7% insurance on both stocks- I would say it's a good deal we have here.
Feel free to follow :)
Another slow day of holidays -
Here are my open positions :
Winnings : $C $DG ( easy money ) $AAPL ( easy money) $NFLX $SPY(6k of easy money)
Losing : $RIG $UNG
This is how I started with around $500 a month profit in the first few months and grew bigger as time went by
You can and you will if you use my math formula. I do it in the last 10 years almost and never had a losing month.
Why don't you start by giving a holiday donation in sum of $249 and get the formula for life?
If so go ahead and donate with paypal to du-lait@hotmail.com and let me know once it's done with your email and I'll send you my formula guide
Happy holidays
Merry Xmas to all :) I'm Jewish :)
Not really true.
The more you have the less risk you have that's true but I started with 5k and moved up slowly.
You just have to pick and choose your trades very carefully that's all
Well if you sell a spread you win on one side for sure and lose on the other so one cancel the other.
If you sell OTM put for example on $AAPL $100 Put and it goes down to let's say $90 you sold naked put so that means you need to have $100,000 for each 1 put that you sold and buy it at $90,000. you must do it and it's done automatically with the broker. so it's not for it for around $1 credit($100 income)
If you sell naked calls it's even worse than this bad case.
You can sell $120 $AAPL and it goes up to $150 so for the $120,000 that you risked to get around $100 credit , you now owe $150,000.
So I would say that with spreads you risk around 10% from what you risk on selling naked put or calls and you have a chance to get more cash from credit spread selling.
Summary Of Open Trades :
Winnings : $C $DG $AAPL $NFLX $YHOO $SPY ( $5,700 Play)
Losing : $RIG $UNG
I agree with you.
While it's possible to write $500-$550 call spread on a $500 stock, it's much better and safer...to write let's say $550-$600 call spreads.
You earn less but you get to fight and make money for another day...which is very important in my opinion
Good morning - well good afternoon.
I can say this - if you have a 6 year old kid, he can understand it since I made it super simple :)
It was very complex once I've learned it during my MBA in finance days but I made it a step by step simple guide with pictures along the way and explained it at a very normal and easy to understand way.
I think it's the perfect time to get it and donate some money for the holidays.
If you are interested please make a paypal payment in sum of $249 to :
du-lait@hotmail.com and reply to me here with your email and I'll send you the math formula to use and generate monthly income.
Keep in mind that I'm always here and on twitter so if you don't understand something, it's ok and I'll explain it to you.
Let me know :)
Ziv
If I had 8 you mean :)?
and yes that is right
and if I have 40 I could make $5,120
by the way the $CAT trade I followed and if I would have kept it by expiry I would made $512 since it expired worthless
yes
Only matters when you sold it. if it goes to $600 you have a big loss on paper but it goes down to 499 by Jan23 you keep all your money that you made from the credit
Morning,
Yes that is exactly right, If they are inside my trading range which is around 80% of the time, yes you don't need to do anything and the money is yours.
Kev, how about giving some holiday donation and get the math formula for $250 :)?
I agree, my bad :)
Hello everyone, slow day today and ending early.
If you want a suprise, I would bet on the $RUSS which is x3 russia bear etf.
I don't think it will go up, it went up a whole week and I see oil prices keeps going down so this one at around $24 level is a good bet short term
$GME back above $36.5 and up 6% now - I just made $75,000 in 72 hours since owning this one :)
$GME back above $36.5 and up 6% now - I just made $75,000 in 72 hours since owning this one :)
Morning all,
It should be a slow short week so I won't write any options ( unless something good will pop up :)
Update soon
Thanks :)
All math formula, not me
Summary Of Open Trades :
Winnings : $TASR $C $DG $UNG $AAPL $NFLX $YHOO $SPY
Small Lose : $RIG
Have a good weekend everyone :)
I'll add that next month.
But for now well I started two months ago with 100k and so far generated 10% gains to the portfolio so it's not bad I would say
A great thank you for Wildbilly :)
An updated results is now on the main intro of the board
slow Friday before the holiday weekend so I won't write any options today.
people go enjoy the weekend and have fun :)
Thank you :) and that includes getting crushed on the $USO and $RAX