(EASY) How to Make Weekly Income Selling Options

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See the adjustments and strategies that can help you generate weekly and even daily income using options! Selling shorter dated options can generate a faster income stream than longer dated options, understand how they work and the risks.

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#optionstrading #technicalanalysis #technicalindicators

[Billclint-if]

Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.

[Michael-mitn]

Tony, enjoy the videos and the fact they they go so well into detail. Keep the hour long ones going!

[dkTruthBuster]

One doubt. At 1:00:34 once you got assigned, you started selling calls for the strike price at which you got assigned. Now what if the underlying stock or indices keep falling again and again to a point that your 429 strike price never yields any premium at all? In your example, fortunately it bounced back to 430, and hence you could continue selling puts again, but don't know what would you do for the case I mentioned above. Thanks for your time and this excellent videos

[AM-ooif]

This was a really excellent presentation. One of the best I've seen so far. Very clear & concise.

[eaglecrest]

1. What time are you buying these puts on Fridays? If they are PM settled are you buying puts at 3:55pm EST? 2. On 10/20/23 you were assigned I assume at 4pm EST. If you were assigned at 4pm, when do you sell the covered call that expires on 10/27? After hours trading?

[FrancisFernandes-wf]

What Tony missed out is a comparison between the returns from Weekly Covered Calls and the Passive Wheel Strategy over a period of six months. S&P returns were around 20%, Passive Wheel around 38% but what about Weekly Covered Call Strategy Returns?? ( I call it Reverse Wheel Strategy... (Sell Covered Calls ITM - Get Assigned - Sell Puts ITM - Get Assigned - Sell Covered Calls ITM )

[tubetop]

Good teaching. Should add to the beginning slides that you need an account with at least $50k

[healit]

Brilliant, very encouraging. The spreadsheet was straightforward and easily understandable. Agreed, you need 50K or more to cover assignments. Thank you.

[hrstolive]

New to channel love the content. when is best time to roll covered call? When it hits your break even or if it goes against you fast

[pinnball]

If you look at the returns on 30:40 sheet, if you bought 100 shares of spy, you would have had 8700 profit, while by selling the options, you only had about 3000-4000 return. So how does this strategy work on spy. Maybe works for other more volatile stocks like NVDA? The premium is higher in put options?

[andrewramirez]

How you calculate the return in the spreadsheet

[quantcooker]

These return numbers are not realistic because you should use each entry gain divided by your bankroll rather than the different margin requirement each time. Or at least you should always use your highest possible margin requirement (20k+) because that is the money you need to set assign for doing this strategy, and likely plus some additional fund for buffering, and these are your real working capital. You are overestimate your % return by a lot here.

[rajupolavaram]

We are doing "short put" which is bullish and so it is not unusual in a bullish market. Why does Tony say, this is unusual at 30:40. I am little confused. Any thoughts please? Thanks.

[hermanramos]

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next Nvidia in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

[bennuflight]

This is AWESOME!!!! I appreciate the fact that you don't mind being circumspect (sharing the various perspectives - possible losses and recovery). You know your

[raymondmcevoy]

Hello,
Raymond from Brooklyn, New York

[tsuipingho]

Is roll-over to a later date a feasible alternative if one doesn't want to own the etf ? thx

[losangelesexplorer]

When I get assigned, does it only happen on the day of expiration or the assignment can happen on any day before the expiration?

[santana]

How do you calculate the margin requirement

[ismith]

Thank you for the video. Which is the best broker to do options?