An Easy Options Trade for a Small Account

#OptionsTrading #stockmarket #daytrading

[michaelprosperity]

I love how these guys teach. Currently I am trading small caps and love it. Gaining mastery in one trading strategy is key before taking on further ones. SMB has taught me so much from these free videos. Seth and Lance are my go to coaches and every time I make a successful trade I thank them. Friday I made $4, 700 trading Penny Stocks 12/22/23

[brianlaforge]

working for SMB is a pipe dream of mine lol me and my 3k account hope to grow to into the skills and capitol of SMB traders.

[lroptions]

Thanks for the clear and easy to understand content, its very inspiring, great work.

[MultiplePassiveStreamsOfIncome]

Hi Seth - Can you explain the margin requirement for the roll in future videos when a roll occurs? This trade of 8 contracts required $5848. When you do the roll, what margin will be required by the broker to make this additional trade? Does the broker consider the original iron condor positive cash flow in the margin calculation or does the previous trade have no bearing on the calculation of the margin? Also, from your experience, how many rolls can be done before the trade cannot be saved in profit? In your example, if price continued to go lower than 458, do you think another put roll would keep this trade profitable? Thanks

[zxdbsft]

Actually this was a good video because so important to understand trade adjustment once market moves against you

[growtop]

Thank you for the video. What if you will roll the put spread further out, to 1 week later? would it be a better roll?

[DoingJustThat]

Daily video never miss a step, im sure some day I can use this options play

[razzyp]

I actually understand the option condor strategy now...like that it gives you room to twit!
😎👍

[jimformermilkman]

Great video Seth !!!
Have you ever researched the best delta to sell options on ?
Thanks for all the great videos.
Have a great Holiday!!!

[wedsonolivia]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

[registrationhater]

Can a call buyer exercise the contract if the shares never rise to the strike price?

[chriss]

Could you make a video how to calculate money needed in Account and how we calculate max risk. For small Accounts?

[BrandonSL]

7:30 Worst case scenario is $8000-$2152 = $5848

[Josh-pqre]

Not sure how to sell options. Don't think my broker allows it. Can only buy.

[timb]

$5, 848 is the margin requirement, not really suitable for a small account, unless we assume a small account is $25K or maybe higher? How are we defining a small account?

[lslurpeek]

You gotta be on your toes real good on a roll. If you don’t get in on time rolling will cost too much. I tend to decide to roll at .3 delta but sometimes I just stop out and go with a different trade.

[tradewithme]

how to book loss in this..if the condor roll expires too..

[andreimuster]

5 points difference is too little for 8 days

[marcofavro]

I thought broker would require around 8 k because that is ur max loss

[ChainsJoe]

LOL, thus lock in loss of $918 and face again max. potential loss of $5848 (they were not able to evaluate this number correctly again).
Excellent example how NOT to adjust IC.