🚀 How to Select Put Options to Sell: Expert Guide

Are you wondering how to select put options to sell? Join me on this informative journey into the world of selling put options. Whether you want to earn a steady income, buy stocks at a discount, or simply learn more about an innovative trading strategy, this video has something for everyone.

In this video, you'll learn:

✅ The basics of put options and their benefits
✅ Strategies for selecting profitable put options
✅ Managing your trades to maximize gains
✅ Balancing risks and rewards in options trading

Rick Orford has traded stocks and options since 1996, using his knowledge to generate consistent income through selling put options. His strategies have been recognized by major platforms like Yahoo Finance, Nasdaq, and Business Insider.

Remember: This video is for educational purposes and is not financial advice. Always do your own research and consult with a professional if necessary.

Key Takeaways:

✅ Understand what put options are and how selling them can benefit you
✅ Learn how to choose the right put options for selling, considering factors like implied volatility, strike price, and expiration date
✅ Discover strategies for managing your trades and maximizing your gains
✅ Find out how to balance the risks and rewards associated with options trading

Engage with us:

👍 Like this video if you found it helpful and want to see more.
🔊 Share your experiences or questions about selling put options in the comments below.
🛎️ Don't forget to hit the bell icon to stay updated on our latest content.
📗 For more insights and tips on stock and options trading, follow Rick Orford on social media and check out his book, 'The Financially Independent Millennial.'

Resources & Links:

Chapters:

00:00 - Intro
02:11 - Benefits of Selling Put Options
05:08 - Key Factors in choosing profitable put options
14:33 - Strategies for maximizing gains
17:42 - Best practices when selecting put options
20:39 - Wrapping Up

DISCLAIMER: All information and data on this YouTube Channel is solely for entertainment purposes.
Rick Orford is not a licensed financial or investment advisor. The information presented is based on personal experience and research. Viewers should conduct their own due diligence before making financial decisions. All investments hold inherent risk, and the information provided on this YouTube Channel should not be interpreted as any kind of guidance, recommendation, offer, advice, or suggestion. Any ideas and strategies discussed on this channel should not be implemented without first considering your financial and personal circumstances or without consulting a financial professional.

[ganeshr]

Warren Buffett sold puts to buy coca-cola shares and got paid a premium of $7 Million. I am a big fan of selling puts and covered calls. Tesla helped me make money to beat the street and I told my friends that. I also bought a Benz car with 80% cash down. I have never bought a car without an auto loan. Thanks to Options and Volatility in the market!

[Forrext]

Never sold puts but am planning on selling PLTR puts and eventually using the wheel strategy.

[marciat]

I have never sold any put options but I'm educating myself on it to start

[bmurphy]

This is a great video without any hype. It includes the full option selling process from stock selection, strike price strategy and how to recover a contract that is not going your way. Thank you for a very helpful lesson in selling Puts.

[kingkante]

This is one of the best videos I have seen on describing selling out options. Great video. Thank you!

[owningit]

This is a new concept for me, and I can tell you that after watching a few other videos on the subject first, this is the best video I've found. Very clear and concise. Thank you!

[raymundnacianceno]

Very clear. He talks without the hype. He very well knows what he is talking about. You can tell he is way apart from many you tubers who claim to be earnings millions but they are not convincing at all.
I am not from the US and would like to start small on options. Due to limitations from where I am from, I invest on crypto instead although I know there's so much opportunity in options trading.
Thank you and more power

[Tennis_fam]

I have been selling Puts and Credit spreads for a while. Your videos are really informative and Helpful. Thank you!

[rmodur]

This is one of the best videos I have seen on describing selling out options. Thank you for your work

[rossbrashear]

Yes, last year I started selling puts. In one year I doubled my portfolio.

[marciat]

I've been watching other youtubers and I feel like you are teach the options the best and make it more clear. I want to start trading but i haven't pull the trigger yet...I'm ready to do it!

[vinayakkrishna]

Rick, your videos are extremely clear and informative.
I have been selling cash-secured puts and covered calls as a passive income strategy for around 4 years now. However, I have stuck with a basket of a few stocks (for easy of analysis and timing), and used SMAs (I have these set at 50, 100, 150, 200) to time entry along with the stochastics and delta. With this I have been trying to time my entry in order to sell closer at-the-money options.
Eg: when the stock is on an uptrend (SMAs are upwards) I wait for the stock price to reach the 50-SMA to place the put sell. I want to hear your views on this in the context of selling closer to at-the-money.

Thank you for sharing these tools like the screener (i.e. options samurai, etc) and going more in-depth into Delta and probability. I am looking forward now to start utilizing these tools and indicators into my strategy.

[chitownrabbit]

This is the only video you need to start selling options! Thank You Rick!

[dtpt]

I appreciate your speaking slowly and covering important scenarios

[terifong]

The first selling put of Tsla after watching your video, I made a little money, thank you!

[cesarleiva]

I am starting my learning of how to start. Thanks for the informative content.

[murraythewineman]

I will be placing my first PUT Option this week. Learning from your video which is very well done and clear with the instructions and risk

[brotherleo]

Rick, very good video. I just found you. Thanks for the clarification on negative deltas for puts. Question: if selling CCs, option reaches strike price then dips below, can you buy to close? Can u close if not yet assigned but option Reaches strike?

[terifong]

Great education! It’s so clear for the beginner to understand!!

[grega.]

Can you you do a video on straight selling naked puts vs selling vertical or butterfly puts etc and how it can drastically reduce risk (drawbacks if any on rewards etc)?