Selling Options For A livinig
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Thanks man :)
I see you are new in here, tell me more about your options trading days so far?
Also, are you using my math formula to do trades or not? if not, you should :)
Summary Of Dec14 Trades : $6,700 Math Income
So, second month since I've started this board and here are the results
Sold 23 options. 18 winners and 5 losers for a total winning % of 78%
My total Income made from those trades - $6,700
Updated picture will be on the homepage of the board shortly :)
Don't buy options people and lose money over and over again and win one time big maybe if you still have money left...
Only sell and only use the math formula to do so.
It made me $6,700 this month and $3,311 last month.
All from selling options and all ideas from my math formula so if you don't own it yet, I don't know what are you waiting for...
I hope you made money this month following my math formula trades :)
Ziv
$NFLX - $2,500 Winning Trade -
I will let my 310-375 Iron Condors expire worthless for $2,500 income and 100% profit on the premium.
All thanks to my math formula :)
$NFLX - $2,500 Winning Trade -
I will let my 310-375 Iron Condors expire worthless for $2,500 income and 100% profit on the premium.
All thanks to my math formula :)
Thanks man and also it's good to be back :)
$TSLA - $1,250 Winning Trade :)
I will let my 210-205 Put Spreads expires worthless for $1,250 $income
and 100% profit on the premium :)
$TSLA - $1,250 Winning Trade :)
I will let my 210-205 Put Spreads expires worthless for $1,250 $income
and 100% profit on the premium :)
Ok people I'm back :)
It's been a "harsh" week to say the least with my virus but it's all gone and I'm back in full gear :)
so with that said, I'm gonna give an update - I didn't close any of the trades except two - the first was $GME that will expire tommorow in the money and I'm super happy with that outcome.
Any stock that goes down around 40% in a month, is worth a place in my portfolio - so in about 24 hours I will be the proud owner of 25,000 stocks of $GME with an average price of $34.61 per stock.
You see guys, that's the great thing about selling options, some scenarios you get to own a great stock at an even greater price than you though it would be.
I would sit on this one for a while and will write Covered calls again again until I will sell it and earn extra income along the way.
:)
On another note, I was stopped out by my $USO for Jan15 for $4,000 loss :) oouch
Gonna close rest of my Dec14 trades now which is only $TSLA for a great win on the last minute :) and $NFLX which was a perfect condor :)
I'm glad to be back and happy holidays everyone, no matter what is it that you are celebrating, I will help to make you money using my math formula in the next year as well :)
Ziv
Hello everyone, I was sick all weekend and still am. will be back hopefully soon to keep selling options in a day or two
Weekend Promotion Now - Math Formula On Sale :)
Donations in sum of $249 to du-lait@hotmail.com via paypal
PM me once it's done with your email and I'll send you this powerful formula :)
Have a good weekend
Ziv
Ok my friend let me give you some free advise
Not me or anyone else in the whole wide world knows what will happen next in the stock market and I'm not a "guru" and no one else is a guru as well.
All I do is I use a very simple math formula to generate me income every month for the past almost 10 years by selling options.
The math formula tells me which stocks to write options on and what strike prices to take and if I write spreads only or condor on the stock.
It's not perfect and there are losing trades, but it still made me $5,400,000 in the last few years so I guess it's a good way to trade on.
I'm not here to fight with anyone or compete. I know that if you buy options like I did around 10 years ago when I started, I hoped for the stocks to go up or down and for the long run I lost around 80% of the time always small amounts again and again and without noticing it became allot of money...
Then I started to sell options and made money around 50% of the time by guessing what will happen, and when I've learned the math formula during my MBA in finance years, my % went up to around 75% in average month after month year after year and I'm still keep doing this.
I don't want to reach $10,000 in the shortest amount of time, this is not the point of this board.
I want to help other people be financially secure and understand the buying options will make them lose 80% of the time while making big wins from time to time and allot of stress to add to that matter.
While selling options will generate you slowly 80% income on average and most important, it will be with not allot of stress and for the long term.
If you want to show your help, feel free to donate to charity and purchase the math formula and do it by yourself for years to come.
And by the way, $10,000 is not allot of money to set as a goal, I want to reach $1,000,000 in 3 years with the 100k that I started this board with about two months ago and it's not that hard to reach with selling options only according to the math formula.
Enjoy your weekend,
Ziv
Summary Of Open Trades :
Winnings : $NFLX $TASR $C $DG $UNG $AAPL $NFLX (Jan15) $YHOO $SPY
Losing : $GME $TSLA $RIG $USO
I didn't read. I only play short term selling options trade of what my math tells me and that's it
And thank you
$GME coming back from the grave with almost 5% up and my losing position needs a little more push to have a nice $1,000 income soon
Im not looking for the future.
I'm using a math formula for around 20 trades per month for a max of 45 days per trade and I'm winning around 15 trades of those 20.
This is what I've been doing past few years and it made me $5.4M so I'm ok with that formula.
You can use others if you like or you can donate for charity and get this one
Why do you think anyone knows anything about the future other the the market itself?
All I know is that my math formula gave me the numbers to write a very wide condor on the $GLD two weeks ago and I closed it today for a nice income.
it's that simple, don't listen to anyone just follow the math if you have the formula
Thanks man for the congrats.
I only sell options, not buying so it doesn't matter.
I'm not here to be king or anything like that, I already made my millions, now it's time for me to give back to the people who will follow and I hope people will learn that if you sell options you win around 80% of the time so you make money again and again month after month instead of buying options and hoping for a stock to go up or down.
Thanks again
GLD - $774 Income Winning Trade -
Just closed my iron condor on this one for $774 Income and 90% profit on the premium :) hope you followed
GLD - $774 Income Winning Trade -
Just closed my iron condor on this one for $774 Income and 90% profit on the premium :) hope you followed
Morning all,
No written options trade today, I got my funds tide to the $SPY condor and the other trades.
Might close a trade or two for Dec14, let's see what today will bring :)
Thanks man for those words,
I just PM you
Ziv
Close your eyes and don't look ;)
This oil crazy storm will pass my friend
Good to see you again my friend :)
You are right with some points to it.
It's around 40k risk on a margin account so it's around 20k total. not 60k
And if the $SPY will go down more than 7% by expiration or sooner I will lose, if it will stay withing range in about 1-2 weeks I can close it and get around 3k-4k income.
And there is always stop loss for worst case scenario so I won't even reach that 20k loss.
Of course there could always be 2008 all over again, but I will keep taking my chances as I did in the past several years.
In addition, I have around 20 trades that I write options on a monthly basis and I do lose 3-4 of then and win around 15 of them so in the total overall of things, the math is generating income
Hello,
Well first I need a move of up to 7% up or down since I sold ( not bought like 99% of options players) on the $SPY so while the 99% are hoping for the market to go up or down based on millions of reasons, I believe it will stay in a range of up to 7% either way in about a month.
I didn't choose this range, my math formula did.
You can check my board on here selling_options where I post my trades on a daily basis and people follow and copy and making money as well.
I'm also posting it on my twitter account same name - @selling_options.
Basically what I did is during my MBA in finance I've learned a very complex math formula that generates income from selling options month after month, year after year and I've made it into a very simple step by step formula that any one can use and I use it and my followers as well if they wish for a small donation to a charity.
I made my money in the past decade so now I'm looking to help others become financially secure by teaching them how to sell options and get income like maybe 1%- 5% of the people ( mostly hedge funds companies) and stop losing money like 95% of the people who just hope something will go up or down.
Hope this help and feel free to ask me anything in here on PM or on my board and also on twitter
:)
Ziv
Summary Of Open Trades :
Winnings : $GLD $NFLX $TASR $C $DG $UNG $AAPL $NFLX (Jan15) $YHOO $SPY
Losing : $GME $TSLA(small loss) $USO $RIG
Well first of all you should be.
I'm also not an option guy, I'm a math guy and the math made me $5.4M in the last few years selling options on stocks and indexes.
I see the $SPY going up to 7% up or down in the next month and I make around $6,000 if it does. as long as no more than 7% my math will make me money
You welcome buddy :)
Feel free to give back to charity. only $250 bucks and you can have my math formula that generated me $5.4M so far
its 215 sell and 220 buy, you did upside down buddy.
is this your demo account of 500k or live account?
Thank you,
It's not me, it's all about the math.
the math formula that I uses finds out about those trades and I just follow.
This helps me generate $5.4M in the past few years so I can say this math formula works :)
how many units and what's your margin for this?
$SPY Iron Condor - I'm In Big Time
Every time the $VIX is going above 17% I'm writing condors. this is one of my math rules.
Sell 100( it's around $40,000 margin so do what you can if you take this one)
Sell 100 $SPY 185-220 Iron Condors for $5,700 Income and 7% insurance either move in till Jan15
Sell 190 Put Buy 185 Put
Sell 215 Call Buy 220 Call
Rule number one guys - VIX above $17, you write Iron Condor and take advantage of the markets coming down soon.
Works every time past 7 years until it doesn't :)
$SPY Iron Condor - I'm In Big Time
Every time the $VIX is going above 17% I'm writing condors. this is one of my math rules.
Sell 100( it's around $40,000 margin so do what you can if you take this one)
Sell 100 $SPY 185-220 Iron Condors for $5,700 Income and 7% insurance either move in till Jan15
Sell 190 Put Buy 185 Put
Sell 215 Call Buy 220 Call
Rule number one guys - VIX above $17, you write Iron Condor and take advantage of the markets coming down soon.
Works every time past 7 years until it doesn't :)
Rule Number One - $VIX $17+ I write Condors
$PEP - $300 Income Win Trade
Just closed my $PEP condor for $300 income and 60% profit on the premium
$PEP - $300 Income Win Trade
Just closed my $PEP condor for $300 income and 60% profit on the premium
Boring day so far guys :)
Morning all,
Should be interesting day for the markets today...:)
I won't write and spreads but I might close 1-2 positions for Dec14
That math made me $5.4M in the past few years
No. All depends what my math formula say either condors or just directions spreads.
All math not me