My $400/Day Side Hustle

Spilling the tea on my options trading side hustle! And when I say SIDE hustle, I really do mean side hustle - I don't spend hours and hours of my week on this. I check in maybe once or twice a day for 15 minutes max. Although I don't place trades every day, on the days that I do I can usually bring in $400 or more.

OPTIONS TRADING STARTER KIT:

***ATTENTION: I have a new Instagram and TikTok handle @itsrosehan ***
That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.

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***BOOKS I RECOMMEND 📚***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)

The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)

Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)

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***MY FAVORITE MONEY TOOLS 🖤***

YNAB (I literally can't live without this budgeting app, so obsessed)

Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)

Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):

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DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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SAY HI ON SOCIAL! 👋🏼

[johnyay]

Options trading is MUCH more difficult than what is portrayed. Also, never sell naked calls/puts, the losses can basically be infinite...

[JosefTorkelsen]

I want to give you credit for you bringing options into my life. I was a big investor but always thought options were too risky. Now I make a lot more money per year and enjoying the process. It turns out you don't have to be risky. Thank you for changing my life!

[seminole]

Great video! I felt like when I learned options I went from the Bunny Slope to the Black Diamonds. I absolutely love Options. It opens up so many more strategies including reducing your risk on a trade. As others have said here though, you need to know what you are doing. One thing I will say though is that basic option strategies (Covered Calls, Buying Calls) are a lot more simple than they appear. Doing complex strategies (Butterflies, Iron Condors, etc.) I still don't understand but I'm still learning. However, Options are very learnable and doable for the everyday person. You just need to be patient because it's very confusing at first but once you get the hang of it it's awesome! Happy trading.

[spacecommandor]

Omg you are such a good teacher and this was so helpful! I love your diagrams and the way you explain things. There's also plenty of time to pause the video and look at the things you've highlighted if you need more time. Thank you so much for producing such educational content!!

[waynesun]

Option contracts are notoriously risky due to their complex nature, but knowing how options work can reduce the risk somewhat. ... Depending on which "side" of the contract the investor is on, risk can range from a small prepaid amount of the premium to unlimited losses.

[lifestilesla]

Super excited for this series! I still have a lot of questions and wasn't entirely clear on what you explained but I am going to download the cheat sheet and study it hard! :) Thank you!

[jacobdavid]

Good video! Well explained. Like Rose explains the learning curve for Options is steep. It's like learning a new language. But if you stick with it for at least six months you will soon start noticing patterns and understanding how both the Calls and Put sides work. After that, your interest should only grow. I'd say you will become more curious and start exploring everything about Options. Thank you for sharing this video.

[davidbernalpianista]

Hi Rose, Thanks for sharing this information!! I just got your free guide. You explain things very clearly and your information is great!! 😁 keep up the good work

[randomran]

I’m so excited for you to get this series going! I trade options myself but imo you can never learn enough about them, and this will be a great refresher!

[doodahgurlie]

Awesome! I've been waiting for this series since last year. Cannot wait for you to go into details on selling options as I've always heard people buying them. Thanks for doing this, Rose!

[seantyler]

Hi Rose Thank you for another Great video i have leaned so much from you about investing, from all your book recommendation, perspectives and advice in general. I just down loaded your stock option starter trading kit. this is one area I've been reluctant to get into until this point anyway lol. thank you for all your hard work fantastic advice and for taking the time to help everyone. looking forward to future video's.

[maazsaleem]

Having dabbled in CFDs I am really impressed how transparent your video was, I wish I had watched your video earlier, but all good part of learning.

[FernTheCamper]

Rose, thank you! I've been going back to your videos and absorbing all you have to say. Out of all the explanations of options and investing, your presentation style is the most professional and palatable. Keep up the awesome!

[GirlPeasTheSingleLife]

You are amazing Rose! Honestly, your videos have changed the way I manage my finances and has changed my life. Learning how to trade stock options was going to be my next step - thank you for making it so accessible!

[neimchugh]

there are a lot of BS finance and investment channels on this is not one of them. Lots of date presented well. Good job!!

[charlesfernandezkoenig]

Thank you! you have a knack for explaining clear and concise what 20 other videos kept long and complex! Beauty!

[kiamesheaprewitt]

Thanks Rose for a great video! I'm excited to learn about options with you.

[BetterNBetter]

Another excellent video Rose, thanks for making what seems to be a complex topic so easy!! 🙏🏽💰

[reneemellott]

THANK YOU SO MUCH!!! I have not been able to wrap my head around how options work until I watched You are the woman ROSE!!! I finally get it now and appreciate you!! You are the greatest!!

[donyoung]

Funny.. I taught trading options before you were born. Love the energy !! As Ken mentioned below, 1 option contract controls 100 shares of stock. In your Amazon example, 1 option would control 100 shares of Amazon or $345, 000.00 worth of stock. That $80 call option most likely would cost $8, 000.00 to buy. As far as "selling" options, you are spot on. You do become the casino or house however, it's important that the roof doesn't blow off that house. I'm a builder of micro-accounts using options, price and timing. By "micro", I mean less than $100. The $26 account I started 27 months ago crossed the $24, 000.00 mark and the $51 account I started 15 months ago crossed the $7, 860.00 mark as of 3/28/22. Best of luck to BOTH of us. \_/ cheers \_/