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⏱ Timestamps ⏱

⚠️ DISCLAIMER ⚠️

I am not a financial advisor. This video is for entertainment and educational purposes only. You (and only you) are responsible for the financial decisions that you make.

[beastlyagar]

Great example of why you should watch until the end

[jairus]

Thank you sir for the knowledge. Leaps can pay my internet and phone bill 🤯

[williamgainor]

Sad the options class I purchased does not clearly give depth or importance of delta!

[PrincetonSound]

What happens if the call you bought gets assigned? How much do you pay? 100 shares?

[playarabbit]

I would use think or swim to try it and pay attention to your exit before the expiration date

[doright]

Great video.
Q.
For example: XYZ stock currently @ $5.00.
LONG LEG LEAP. BUY CALL, 8 months out, strike @ $2.00. premium paid $2.50 (breakeven @ $4.50).

SHORT LEG LEAP. SELL CALL. 2 weeks out. Strike @ $5.00. Premiums received @ 0.40 ($40.00), (breakeven @ $5.40).

2 weeks forward.
SHORT LEG ITM.
Would this be a profit or a loss outcome?

[gardeningrelaxation]

If the price of AMD drops a lot, then the BOT option will lose more money than the premium you get from the Sold option, is that the risk of this LEAPs option?

[theevilgoat]

Hi Greg. When you buy the LEAPS you're in a debt and when you exercise to satisfy the short call you lose the money you originally paid for it. How can I still profit ify short call gets exercised? P.s great vide

[thepersistenttrader]

That’s called a diagonal spread not a poor man covered call

[DeaDlyCorpsE]

My question would be, do you buy the call options or wait for them to expire?

[MiguelS]

nice video, can u tell what are ur current open options?

[Seth.otm]

can you do this in a roth ira ? this is a spread and you need level 3 right ?

[talhaunsal]

If the call you sold ends up getting assigned then what do you do ? Exercise the leap option you bought ?

[ericaroundtheworld]

I don't know where to start learning it is too hard can u suggest how can I understand eveyrthing

[kaaawakiwi]

Love LEAPS. How do you defend against the leap when the underlying declines? I get you can continue to sell calls as the underlying declines but what if it declines so much that the short calls premium dries up. Would you collar this with a long put? If so, what delta works best?

[GroovyGangTrades]

This is for more advanced traders or if you have at least more than 5k in your acc but I have yet to try

[Misty-skfg]

I’m confused with Delta, what Delta to pick when buying or selling put?

[vishaltare]

Suppose i sold an option at strike price of $144 for a premium of $230 and option bought for $2000 at strike price of $110. stock traded midways and closed at $120, next month when i sell option again, should i consider .3 delta from current stock price ?

[millenialmusings]

What if the leap expires OTM? You lost money there. Anything you earn from selling monthly option is offwey by this loss

[Boy-uzxj]

So say your otm contract stays out of the money. That max profit that is shown is that what you would get?