Sell LEAPs - Make $100,000 Selling Puts Far Out

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𝐋𝐞𝐠𝐚𝐥 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in an attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

[JG-DivMan]

Great vid!

I'm always selling cash-secured puts. If I'm doing it on a stock where I'm fine with getting assigned, I pick a more aggressive delta. If I get assigned, then I wheel it with covered calls (though honestly, I prefer puts).

And yes, ALWAYS on margin. The brokerage reserves cash to support your option strategies. When done on margin, the amount reserved is only a percentage of the amount actually needed, so you're tying up even less. Start small, get to know how they work, the risks involved, and your tolerance for it. Learn, learn, learn! Always!

[sidBass]

Great idea that I had not even thought about. Selling low delta puts on margin. No margin interest as long as there is no assignment. Thanks for helping me add another revenue stream!

[patboy]

It is surprising to see that many people don't know that you don't pay interest on margin used as collateral. You only pay if you actually use it to pay for something.

[IgorMatijevic]

7:00 Slight correction. 3% per month is not 36% per year. It is 42.6% per year. 1.03^12 = 1.42576

[jonathanbast]

Another thing to mention about LEAP Puts is that you can make money by reinvesting your premium.

[max_ridgeland]

The index usually goes up in the long term, not individual stocks. People seem to forget history like 2001 and 2008. Enron, Leehman Bros, Bears Stehrn just to name a few. Shareholders lost their investment when General Motors went bankrupt also.

[st.charlesofaberdeen]

Enjoyed the gun show but, Imma need a double bicep pose for the next video❤😂😂😂. Also, good advice on puts as well.

[guttybruin]

Henry, this video is eye opening. Thanks for this advice.

[manofacertainrage]

The Tesla thing with your parents rang true - same with the Ameritrade to Schwab transition. A couple years ago I made a lot of money and then lost all the gains and a little bit more due to Tesla while I was in gambling mode. After a two year hiatus I'm finally back in the game and doing well. I could do better though. This provides food for thought - thanks again!

[free_br]

Thanks mate, although I don't know if pltr is a good stock, in theory you have always been crisp and clear. Helped me do some options that I could have not done otherwise without a few like you on yourube

[SimonIslit]

Definitely the most phenomenal and most right minded mentor on web

[GETREALLYRICH]

It'd be nice if he would show us his overall performance since he began trading and then monthly or quarterly performance.

[OneStrangeJourney]

Margin isn't free? Even on Robinhhood it's over 6% I believe. Please correct me if I'm wrong.

[ErikJThompson]

This is one of your best videos.I appreciate you being so transparent...

[DanL]

Do the leaps example you used make 3% in the 6 month timeline? If so isnt that marginally better than a savings account? Sorry not sure so asking

[brandonpennell]

What margin account are you using where you are not paying monthly interest on the outstanding balance?

[dtitan]

correct me if im wrong but on margin...aren't you paying 5-8% to borrow the money for margin to sell the put options?

[JulienSavary-om]

I like the title of the vid. Great work, keep it up ❤🎉

[AngieStonesPhD]

Not sure about using margin on options. Here is what RH replied today: "Options themselves are a non-marginable security, so there wouldn't have been a change in the marginability on those. We require 100% of the requirement for Short Puts on the account for those."

[andyswoodyrubnips]

soo i new and wont do this stuff until i get paper trading down lol but can you on RH buy a stock of 100 shares at a lower price using a buy call and exercise the contract (getting the shares) then can you sell a put with the stock at a higher amount and exercise that contract or am i tripping im neww and still have not started just doing paper trading thanks and love your vids