@@stetsonraper8564 Thank You! I really appreciate it!

@@mrw23 There are many ways to roll a position, this specific video I’m rolling solely out, as I expected the stock to trade sideways or slightly down. You can also roll out and up or out and down, it all depends on the underlying stock and your active position.

Thank you for the comment! This does look similar to a BWB but it is not the same strategy and serves a different purpose. The BWB is structured as an options only strategy with no stock assignment risk.

@@denzmo1139 Im still a little lost with your question. It’s seems to be based on buying to close vs selling to open. When you buy to open an option such as a call, you sell to close it, that is not a naked call, you’re simply closing your position. A naked call is when you sell to open and it’s not covered, meaning you don’t own 100 shares. And again I want to be clear if your buying options there is no implications of owning any shares.

@ Sorry, thank you for the quick response. You kinda hit the money on the question. I meant as in “I buy the option, made the profit. - I want to collect the profit, so to close I have to sell the contract or have it filled per se before the expiration date. I had some profit made from the buy call option, how ever the share per stock was still below the strike price. Am I at any implication? Thank you, once again.

You can say, I was nervous to collect profit due to it not being over or on the strike price, so I was worried I was at implication to pay the rest or be exposed to an unlimited naked risk

@@denzmo1139 the call option controls 100 shares but you have no obligation to have to buy them. You can sell your right by selling to close the call option at any time, ideally for a profit. It’s possible to see a profit on the call option even when the option is above the share price depending on the IV and extrinsic value of the option.

@@denzmo1139 you don’t have any naked risks, when you buy to option a call option. Your max risk is the amount you paid for. You must sell the option before expiration if you don’t plan on buying 100 shares at the strike price

@@Bbl_rey selling puts are normally a bullish strategy, so you profit more on an upward stock movement

@ so is the stock is at 90 and I think it will go to 100. Sell a put and buy a call ?

@@Bbl_rey both would generally profit off that movement

@@JustEasyOptions why is delta so important? If a stock is at $15 and there is a put for $2.5 asking .70 per share but delta is -.0023. Would I make money selling it or would it lose money? Why not sell the lowest put if you think the price will go up? Does that not lower your risk and getting the most reward?

@ those numbers seem odd. Delta represents how much the stock will change on a $1 increase in the underlying, and it can also be used as an estimate for chance of expiring ITM. You can sell puts that are extremely out of the money, but generally the premiums will be very low so the risk to reward ratio is unfavorable to most traders.

@@kylekelley53 it’s $200 per spread Less the credit you receive

@JustEasyOptions so if the trade goes bad you lose 200 x each spread? How much would that be?

@ so in the case of this video I sold 3 spreads, so spread width x3 is 600 but I received $114 so max loss would be $486

@JustEasyOptions ok gotcha thanks. So there is a 25% chance you will lose $600 and 75% chance you will make $114?? Is that good??

@ good depends on your risk tolerance, most option sellers prefer high chance of profit, unless they have a specific reason to believe the stock is gonna move a certain way

I'm not sure if i understand the questions. A call is In the Money (ITM) when its below the current stock price.

@@michaelchuang6200 only the multi leg strategies. Covered calls and cash secured puts can be done with level 2.

Yeah works really well When the stock drops to or below your short strike, but lowers the initial premium

You have to front cash to purchase the 100 shares of the stock at the strike price. It gets released back to you if the option expires, or is used to buy the shares if your exercised

It can be any of those depending on what strategy you are using. If your specially buying options it’s best to sell when it hits your price target

@@bigg_OOF it’s an advanced strategy, but it plays out like a concurrent debit spread and credit spread. As with most spreads you need to wait almost to Expiration to see the max profit on either side. If there are drastic moves you can always close one side early and convert to the credit/debit spread

@FmcFitBoy $20 is easily achievable in the options world!

@JustEasyOptions i don't have much money in investing so $20 is a good amount

A direct roll would by to buy back your 2 short options and sell your 2 long positions, at the same time of opening a new butterfly at your desired experation and strike. Although with more advanced strategies like these, it’s hard to get a direct credit so many traders will repair and roll into a different strategy depending on the underlying stock

@@mrprfct7069 I’ll have to look into to be sure, but I imagine you can roll with the custom orders feature.

@@JustEasyOptionsplease tell me the fees charged per options contract. Nothing is free. Fid charges .65 and Robinhood charged .03 cents.

@ moomoo is .03 per contract

@@jcspaziano You’re Welcome!

@Akhil_Anchoori well there are times where you may wont to avoid assignment, and closing for a near zero price is beneficial for the reduced risk of the stock going ITM after hours and getting exercised. I’ve had this happen multiple times

@@JustEasyOptions oh that makes sense 🤗

@@stetsonraper8564 I made it just for you!

@@brianshi3969 You’re Welcome!

@@chlero_eyes I will

@@mercyzagrocki9483 Your welcome!

@@tonynunez6539 I’m selling a Call in this video. When you sell a put you would be buying stock if exercised

@JustEasyOptions don't you have to own the stock to sell a call?

@ yes, you need to own the stock to sell the call

@@thinguyen4651 You’re Welcome! I’m working on finding that optimal pace😅

@@tonny9168 I will!

@@tonny9168 have you seen this one? kzbin.info/www/bejne/hZDQoH2reNp-obMsi=zrWtC5RTV07df8kD

@@romeparker1686 You’re Welcome!

@@vzvandal Thank you! It means a lot!

@@sanjeevcast6076 thank you! Welcome to the community!

@@jonitalia6748 your welcome! I have the full video here, if your interested: kzbin.info/www/bejne/r6qXqJp-d8yNpJIsi=VYqxwd4E3MmGTpzI

@@JustEasyOptions you’re the man 🏆

When the limit price is very close to zero, Robinhood wants to make sure the spread is setup properly

@@JacobHaddan-z2f you get the $7500 upfront. If the stock stays below 5800 the contract expires worthless and you keep the $7500 and your shares

@@codbot3251 you can still get a return like this even when stocks that trade sideways all year. 2024 was a great year, but not guaranteed to be that great again

@@JustEasyOptionsthat’s very true, I guess it’s all about an individual’s risk tolerance! Good luck and happy new year

@ Thank you, you as well!

@@JeremiahMichelson I’ll look into it!

@@donnyh3497 yeah of course not! your simulating owning stock it’s not the wheel. Just close take profits then reopen if it makes sense

I appreciate the video man, thanks!

@@donnyh3497 your welcome!

@@stetsonraper8564 Your Welcome! And your exactly correct, this is a very reasonable strategy with reasonable returns. Im working on some management videos and also my snowball wheel strategy where you can reinvest the premiums into the underlying stock, to amplify your returns even further .

@ I like the idea of that! I am going to be implementing this starting tomorrow and try to really stress test it. I’ll be looking forward to the snowball concept too and seeing how I can implement that.

@@stetsonraper8564 I hope it works out well for you! I’ve been running it on INTC since August, and it’s been working very well for me.

@@JustEasyOptions I’ve had INTC on my watchlist for a while just haven’t traded it yet. Have you been assigned on puts and just collecting premiums selling calls? I know it made a bit of a run back after that fall but it’s been on the down since November ish so that would be interesting to know

@ I’m running the wheel, took 2 months before I got assigned on the puts, then got exercised on the calls when it broke past $24.5 in October. Overall up 30%

@@big_prev Your welcome!

@@G9GOATEDYT Do you have level 3 options trading enabled? This is involves spreads and Robinhood requires a margin account & level 3 option trading access.

@@MarkLasecki Thank You! I really appreciate it!

@@JeremiahMichelson Remove emotion and take the loss and move on. Or Roll the position if you believe the trade is still viable.

@ I guess in terms of profit. Taking a $425 loss if you get screwed wipes out profits for a bunch of trades.

High risk, high reward. That’s why it’s popular in smaller accounts cause you need that risk to get the growth you want. In this example you would need 6 Wins to pay for 1 max loss. You can adjust the width and delta range to cater to your own tolerance.

@@JustEasyOptionsfacts! I have a small account and spreads are elite I use it every week for profit especially side way stocks great videos

Thank you!

@ anytime

@@Aloha0088 I didn’t post it to KZbin yet, but I do have a video on closing via TikTok: www.tiktok.com/t/ZTYWFujrv/

@@Aloha0088 I do have this video, which discuss all the ways to manage a CPS, which includes closing: kzbin.infosY0WpINFcZE?si=oRSPs4hStgFZ2y-p

@@JustEasyOptions awesome!! Thank you so much!! Really enjoy your content !

@ You’re Welcome!

Thank you, I really appreciate it!

@@chlero_eyes 100k of what?

@@JustEasyOptionssubs

@@Ninja.rider007 There’s a lot of different reasons why. But a common reason is they bought the contract I sold in hopes the stock is going to increase well past the strike price so they can have a more favorable entry

@@CaptainDC-ji4sd Your Welcome! Def check out the full video if you haven’t already, there’s a ton of great information In there.