Professional Trader Explains: The Secret To Repairing Cash Secured Put Options 💡📚

Professional Trader Explains: The Secret To Repairing Cash Secured Put Options

My Option Trading eBook:

Chapters
0:00 Intro
0:39 Trick #1
2:10 Trick #2
4:07 Trick #3
7:04 Trick #4
11:28 Bonus Trick
12:33 Example position in which we used these tricks

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In this video, I share 4 tricks I use to repair cash secured put options that have gone against me.

Happy investing!
Randy Perez

#OptionTrades #tradingcoach #tradingmentor

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[lcdrpost]

Excellent video Randy! I appreciate the time that you took to pull together real world examples and share all the information. Thank you!

[Robert-dikv]

Very good explanations, no one should even think about trading options without understanding these concepts, one WILL need to use them.

[timkamazik]

Great video!
Been watching you for a while and I really don’t understand why you have such low amount of subscribers.

Thank you so much for your content
I love it

[CR-fyuw]

Great production. Great content. Keep up the good work.

[sonny]

4:02 the reason I don’t like rolling too much is because you’re trading your loss into your money being locked up for months which is an opportunity loss

[edwardbode]

Another quality video, many thanks producing this content

[thomasd]

On your GDX repair, I would have preferred to go down one strike price, instead of two strikes, to the $29 strike, instead of the $28 strike, so I could go to the shorter expiration of Dec. 15th, for a net credit, instead of out to the Jan. 19th expiration.

Yes, the $29 expiration would still be in the money, but early assignment is not likely as long as the EXTRINSIC portion of the premium stays above 10 cents.
At a later date, if the EXTRINSIC falls below 10 cents, or, if the $29 strike is still in the money by Dec. 15, I could then roll down to the $28 strike, and out far enough to earn a net credit.
I roll one strike at a time because shorter expiration dates usually bring a larger ROI.

[Crappie_Hunter_Seeker]

Randy on the first example, was there a mistake. The video shows you initially selling a XLU $67 put and then you show buying a $64 put back? Am I just missing something?

[chenterios]

This was me With Tesla but I had a Covered Call. 😢.... had to take some loss to keep my position from executing

[sulaymanbarrow]

Do u think its wise to trade so many companies

[nimaspaulding]

It would help of you talk slower so I can understand you 😂