$1 STRATEGY - CHEAPEST STRATEGY THERE IS? | EP. 120

[@TechConversations]

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[@wendypiatek7208]

Thanks!

[@charlottedavis8047]

Thumbs up, I personally cleared $2-3-0k of debt going aggressive in the other markets. Right now the markets are crazy but there are still hidden opportunities therein. Having monitored my port-folio performance return huge six figures from the last 2 quarters of last year, I have learned why the market will remain a money den for those who know where to look.

[@primalucia8800]

The markets are been propped up by the FED printing money with NO limit. Every time the Market blips down the FED dumps cash into the dip. Tbh I'm in need of a good investment plan currently, I have a lump sum of $1-0-0k+ in a savings account yielding next to nothing.

[@AlsaadUthman1063]

Times are weird. The US dollar is losing purchasing power due to inflation while strengthening against other currencies and assets. The stock market, real estate, crypto AND precious metals are down because people are fleeing to the "safety" of the dollar. where else can we put our invest-ment money? I can't afford to see my savings of around $3-2-0k turn to dust in front of my eyes.

[@kellymeghan4667]

@@AlsaadUthman1063 I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.

[@AlsaadUthman1063]

@@kellymeghan4667

[@kellymeghan4667]

@@AlsaadUthman1063 Yes

[@PrinterSmithCom]

This is a Call Butterfly, not an Iron Fly. Iron Fly uses Calls + Puts with the short strikes being the same. A butterfly is a Directional trade and uses all calls or puts. There is a big difference between the two strategies!

[@donatobarsi7506]

BUT WHAT DO ALL THESE FAKE KZbin GENIUS WHO DON'T EVEN KNOW THE CORRECT NAME OF THE STRATEGIES WANT TO TEACH!?! AhAhAhAhAhAh HOW SAD!!!!!!!

[@leatherneck7778]

​@@donatobarsi7506 hey bud I think you left caps lock on

[@funnypranksandcrafts6234]

which is the best

[@dodo0132]

@@donatobarsi7506 "Bear call ladder"

[@josephfarabee8786]

12:07 how do you close out before expiration?

[@helenoliver4838]

When the market goes down then it's buying opportunity. If the market goes up then you are making money. If you stay invested and ignore the market's ups and downs, you'll make a lot of money in the long run; however, a severe market correction causes a lot of margin calls and sell-offs, driving the market even lower. currently, I'm up 13% in my diversified portfolio. As crazy as it sounds some still make enormous returns from this seemingly unknown market. gotta be greedy when others are fearful

[@dannyvera8475]

exactly what I'm personally planning on doing now the market is down, but I have no idea about stocks to buy or what assets that would yield the highest potential and so on. Your portfolio is freaking awesome, you seem to be doing well yourself. how do you select stocks you invest in?

[@helenoliver4838]

I have my portfolio very well-diversified, though I did it using trad signals from a US-regulated broker *PRISCILLA DIANE AIVAZIAN* financial analyst and CNBC contributor and it's been a huge relief. Good earnings and little to no engagement at all on my part. Her stock picks are top-notch, I don't worry about market trends anymore because she's quite the genius in trading and portfolio diversification

[@dannyvera8475]

Do you mean copying her trades as it's been done in Etoro? Do you just give out your funds or copy them manually?

[@helenoliver4838]

@@dannyvera8475 Yeah but I don't give out funds here, It stays right in my account. I only mirror her trades in real-time that's ideal for this system. Copy trading is 100% secured and very transparent to work with her, you don't have to send any funds over. you have control over your funds and can opt-out anytime you want just like in Etoro. Check out her name online and get in touch if you need help with this insane market.

[@georgecooper8750]

I'm MUCH more interested in buying stocks now that they are cheap. You can't just sit on cash waiting for the market to drop 10% before you start buying. The best strategy is to start buying in slowly and then gradually increase the pace of buying as the prices continue to drop. Cash isn't king at all in this era

[@gadeboye2001]

how do you select what stocks to trade this strategy on ....or you just pick anty Stock and see if they are trading neutral

[@jonahware5396]

I imagine this strategy works best for stocks like coca cola and other stocks that don't have much room to grow since they've been around for a million years.. Thanks for all of your videos!

[@axe2grind911a]

Great lesson. One correction: this is a regular butterfly, not an iron butterfly as stated. An iron butterfly is selling a call and a put at the same strike (straddle) and buying the cheaper call and put equal strikes away from the sold straddle.

[@MikeSc0ttyGaming]

So pretty much you can't close this strategy out before expiration? Am I understanding that correctly?

[@SkaterLukas93]

Hello, Dumb question its only allowing me to select one option at a time

[@TheBodrey]

I plugged this strategy into OptionStrat using both BAC and AAPL for the July 28 Expiration:: BAC: Sold 2 Calls at 31, Bought 1 Call at 31.50, Bought 1 Call at 30.50: Max Loss: $7, Max Profit: $43 AAPL: Sold 2 Calls at 195, Bought 1 Call at 197.50, Bought 1 call at 192.50: Max Loss: $44, Max Profit: $206 In both cases, the MAX potential return was nowhere NEAR 9900% - approximately 600% for BAC and 468% for AAPL. The cost to get into the AAPL trade in particular was substantially higher than the $5 that Guillermo alluded to. How this strategy is supposed to result in potential returns of 9900% is beyond me. Bottom line - this strategy simply doesn't work. The numbers don't jibe at all. In addition, I have tried some of Guillermo's other trading strategies using OS and none of the returns came close to those reflected in the videos. I don't know how to explain the major inconsistencies between the cost to enter trades and the profit potential in Robinhood using Guillermo's strategies compared to what's reflected when you plug the numbers into OS. Something's off big time.

[@TVTVTYREE]

I have no clue what I am doing but I’m watching a lot of options trading videos to learn. This video gave good information.

[@DonBeTrippin]

my boy continue the learning process it'll get slow at some point, but Icontinue 💪.

[@TVTVTYREE]

@@DonBeTrippin will do! Actually the past few days things started to click for me finally! I’m felling much more confident now compared to when o left the original comment. Thank you for the words of encouragement 🙏🏾🙏🏾

[@SI-kw4ue]

Lol

[@TVTVTYREE]

@@SI-kw4ue thank you for that.

[@SI-kw4ue]

@@TVTVTYREE na brah thank you 😂❤️ hope now you know what you're doing?

[@beforeilay]

2:55 video starts

[@adielwilson8749]

Thank you

[@flikerpicker]

To clarify, you can start trading with as little as one dollar, but if you wish to trade on margin, you must have at least $2,000 in your account. Additionally, consider creating another video that explains how to trade using a debit account.

[@KCHunter]

Isn’t this just a butterfly and not an iron butterfly? An Iron Butterfly has both calls and puts with the sell price of each being the same but the call buy being the higher strike and the put buy being the lower strike.

[@Balexmomoney]

How do you do this, I tried to edit price on Robinhood but I will not let me

[@Metubetangy]

So let's say you made your profit...great. but happens to the other deals? Do you just cancel them? Do they go away on there own? If your selling two and buying two...what happens to all of these options if you make profit from one of them.? Or do we let them all play out?

[@deandrecarr58]

have to close them

[@meatymouse9600]

you sell the options you purchased and you buy back the options you sold to close the position

[@Willis-ts1qi]

@@meatymouse9600 can you explain this in more detail by chance?? I can’t figure out how to close these 3 leg strategies

[@meatymouse9600]

If you bought a call and sold a call to open you have to sell the call you bought and buy back the one you sold to close to close your position do the opposite of how you opened it. When you buy stock to close you sell. If you sold stock to open you would but it back to close same with options.

[@Gamesofmach]

All sounds good... But there is very small likelyhood of filling out your order, what i says in my case with SPY (one of the highly traded stock) sooo....

[@dslam22]

why are all my prices expensive like I have no margin or leverage? How can I gert cheap costs per share like you?

[@chrisdipretoro3201]

Ok so I tried to place this strategy on robinhood and it asked me whether I wanted to collect Debit or credit and I am new to all this and I am not sure what to do any help please

[@blaby4ever]

I cant execute multiple transactions on Robinhood without having more transactions first. That is the problem

[@pranavpradhan3113]

Great video! Can we use this strategy on 0DTE SPY if we know the max pain (i.e. the price at which or close to the price, SPY should close at the end of trading day). Also, if you have any idea about what is the probability of 0DTE SPY options getting assigned using this strategy?

[@BlackSwaninaDarkPool]

Do you have to have margin enabled to do these types of trades on Robinhood? 9:42

[@hazelcham3le0n1]

So what is stopping me from doing 3 butterflies (1 full butterfly near the current price, 1 full butterfly a little lower than the current price, and 1 full butterfly slightly higher than the current price)? Is that possible or are there limitations imposed on a trader in a platform like Robinhood?

[@BM_100]

What trading software are you using on your screen? The one in the beginning with the green font

[@jmatt98]

Robinhood desktop version

[@Strawberry-o9y]

I'm new and I just want to know, how do you place the trade on there if there is no graft like trading view? How do you do this🤦

[@flikerpicker]

What if you don't have credit?

[@echolitis]

I do this but its not even a max loss its all profit?

[@jumperthruster3354]

So if the stock doesn’t go your way, Can i sell and lose the premium or if I were to hold to expiration date Id just lose the premium right? Like i dont have to buy back the 100 shares at whatever price the stock is right?

[@Megan-rz4fc]

Yes. Your max loss is the premium. You don’t even have the option to exercise it unless it goes your way (in the money), otherwise it expires worthless if you don’t sell/can’t find a buyer.

[@axelelloco2962]

How do i make money once i set up the option do i wait to experation date and hope is in the profit range or am i suppose to do something before

[@gregwhalen1283]

Anyone tell me the option play for a bull market and a bear market dince this is a play where the stock remains in a very small price range

[@chevyswag3432]

What do I do if they say I can't trade options with this strategy due to my levels

[@mattk3139]

Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Anika Hobson which has made me almost 9.5 on a 2 btc Trade capital over the last 3 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.

[@carstengoertz5190]

I used to be a hodler, But the panic of a market crash made me go into trading, And now i make my profits steadily with Anika Hobson daily signals.

[@Fannie_E]

Anika Hobson has helped a lot of traders & newbies out there, and with her help one can recover losses from crash so quickly.

[@DieNadiii]

They know the potential and positivity of bitcoin and so do we. I plan on hodling more Bitcoin fractions will never be enough. Anika Hobson has been really helpful to me with her tips and predictions about bitcoin.

[@marthad.fisher6449]

Anika Hobson helped me to understand technical analysis, now i can examine the current chart and predict which way the market will go. She is definitely the best pro trader i know.

[@baozhai9738]

I started trading with Anika Hobson since I first started watching educational videos on bitcoin. Nice.

[@freshbox6228]

How come it doesn’t let me build a strategy like this ? It says I need to place separate orders ?

[@web30mill]

who do you have? Robinhood or WeBull?

[@habachiify]

hey there, i cannot unlock those features to sell naked calls yet, what are the requirements on robinhood to be able to to strategies like these please. Is it how much money i have in the account or what is it?

[@ricarditopanamavids]

I bet this strategy than that is exactly what’s happening on your side…💪🏽😁😁😁

[@Timmyjl25]

How do you get out of it before EXPIRATION?

[@Kittehsmahname101]

You have to close out of the trade by essentially doing the opposite of your initial trade… so if you bought a call at a strike price of $3 you’ll have to sell that exact same call, with the same expiration… someone check me on that because I’m still relatively new too 😅

[@bentley5589]

Question, Can you use this with a "PUT" or only a Call? or both?

[@Mazrati]

both

[@devargomackey4159]

How can I get this chart that you're using in the video I'm ready to get started !

[@TechConversations]

You talking about Robinhood? bit.ly/TechConversations-Robinhood

[@bentley5589]

Wonderful I just started watching outstanding thinking about getting into your program........Question, Can you use this with a "PUT" or only a Call? or both?

[@mcwups1]

Great strategy, except RH closes your options at 3pm, so you won't make nearly as much, even if you're perfect at 3pm.

[@meatymouse9600]

they only do this at expiration to protect you from assignment when you do not have the collateral to cover the loss

[@tokenreis]

How do you sell them all at the same time what if you miss one

[@albertdelone732]

I saw the video on closing an option play but can you show how the profit is handled

[@zanedelgadillo9390]

So what’s the best way to close these out or let expire? Please help!

[@ebailsjr]

My question as well

[@fivethreeone]

you click "close" on the day before

[@sravanpothineni6668]

order premium must be less than collateral. ------- Im getting this error : Can you please fix this please

[@jeannotnelson4048]

so it sounds and looks like, you are selling ITM CALLS - so you think the price is actually going to PB (pull back) a bit while ranging sideways. what is the win rate of this strategy - looks good.

[@cweathersby]

So why would you do the options BELOW the actual share price? Wouldnt you want to be around the share price so it'll hit? Or does the actual share price not matter?

[@Fares2012FA]

i guess it was just wild estimate, you can do it at different gap based on your own analysis

[@stoughtonbell8569]

what is this strategy called? It's not a butterfly because it's all calls instead of 2 puts you would sell and buy

[@lovelightrivers]

you mention the $3 makes 97 in profits ...and its only $3 to enter this trade...then go on to say imagine doing it with $30 and getting 9hundred ssome back....can you recommend trades that cost more to enter with high profits if successful? or should you just extend the wings say 10 to 25 delta?

[@singhh9090]

Trying to join Discord but I don't see any channels there other an Disclaimer

[@trisham1213]

How do you buy the 30 contracts? Do you buy 30 calls and 15 puts a piece?

[@NeO-wh2cv]

Why’d you use a call instead of a put

[@moesadr3342]

Great video thanks. Wondering if anyone can tell what could be the the best strategy with the highest profit opportunity and the least amount of the loss if one decides to focus on one or two strategy only?

[@Kentg.mckinney]

For some reason it wont allow me to Sell and Call and buy a call at the same time... am I doing something wrong?

[@Bruno_Chibuike]

What are the factors that causes early assignment?

[@Kittehsmahname101]

When the stock has dividends and your expiration falls on or after the dividend payout date, I think

[@tacgenesis2356]

can i enter into this type of call if i only have $1??? that whole concept of options is really confusing to me given the potential returns' value...

[@CursedWarrior100]

I'm getting the error order premium must be less than collateral

[@hecklerkoch2446]

When expiration happens and your out of your strike range, does nothing happen? or are you going to get assigned?

[@carrieculver2754]

what is assigned

[@meatymouse9600]

the option would expire worthless

[@mubarak3457]

So if someone uses the same strategy with 1k ??? What it is gonna happen???

[@sam11182]

the days of doing this for free are gone and we have to pay for each option now oh well need at least $30 to trade for $1

[@nitishkannan5]

to be able to make a trade at that low of a cost is almost impossible bc the ask price for the set of options is much higher. The Strat does indeed make sense but the order will never be executed since no one would be willing to buy it.

[@valorievanloo678]

where can i use this strategy without having enough money to actually ien the shares im selling. i tried doing this teafe and it was deemed illegal

[@revel360]

Hi! New here. Terrific video! Could you please explain how to buy this 10 times to potentially earn $970, as you had mentioned? Thanks again!

[@tommymoreland2058]

Just go to custom and adjust the contracts I believe

[@marksibert305]

How can I do what you're doing? Robinhood won't let me do both at the same time - the application and website says I have to do each transaction individually. Also, it won't let me sell the call unless I have enough shares. What am I doing wrong? Or how is your account set up to do this strategy? Then there's also the date. Robinhood doesn't have May 27th on my app or site. How far back is your recording?

[@MaxJackson1975]

What you're speaking of is associated with your "Option Level" tier. These are the trade levels that you are allowed to trade options at. Options Level 3 is the highest tier on Robinhood which is what I am. To change this, you will have to look at what you input in your profile when you set it up such as your income and assets followed by how many years you've been trading for. To find this you will have to go into your settings. It's best you do this on your laptop or pc.

[@Yrnsantos]

@@MaxJackson1975 do i have to wait a certain period after changing info to get Options level 3 or do i have to trade more ?

[@meatymouse9600]

you have to go into the settings and turn on option spreads

[@garyyoung3947]

What trading platform do you use to make three small purchases like you did in the video to sell and one buy above and below. I use Robin Hood for options and I haven't been able to sell anything because my account is so small and I don't see any way of that combined situation you did in the video are you using a different trading platform if so what is the name of it thank you

[@Mazrati]

you have to be a level 3 options trader on robinhood to do spreads like this.

[@meatymouse9600]

just need to go into settings for Options and turn on spreads

[@fredrickthompson4391]

I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion I think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you can’t tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. I would say trading has been going smoothly for me, I started with 2.5BTC and I have accumulated over 6.11 BTC in just three weeks, with the help given by expert trader Tracy Quincy

[@frankocean7867]

How can I seek her guidance and Expertise?

[@alexpunsky2976]

You are so right. I know because my advisor is able to find so many good plays. My portfolio literally went from $300k to $1.1m last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgement.

[@gabrielchristos4099]

Access to good information is what we investors needs to progress financially and generally in life. here's a good one and I am grateful.

[@jasoncole7404]

I made huge investment ever since I started trading with Tracy Quincy I’m happy seeing people talking abt Tracy ..Ms Tracy Quincy trading strategies are top notch coupled with the little commission she charges on her trade

[@BrayDonDon]

Did this strategy, wasn’t right, was ready to lose $300, but no. robinhood decided to close my options for me and now my account is in -$211 of deficit

[@Woods2TheWater]

This is great info but unless you have level 3 options on robin hood, you wont be able to do this strategy. How about show a video for people who cant trade like this...

[@echolitis]

I went to sell first then to buy but it’s not letting me select more options it says “you can only select up to 1 option.”

[@leveldadup893]

I believe you need to be at level 3 options with Robinhood to access advance trading features as described by this video. Research Level 3 access.

[@NITROGENES10]

Why does it ask for your credit or debit in order to finish the process

[@Somanybeats]

Because the bid-ask spread is may be between giving you money (credit) or you paying (debit).

[@YugiohAlternativo2017]

How you buy it 10 times?

[@PrettyMoneyLife]

Is this a new channel? This should be huge lbs

[@dodo0132]

This is the "Bear Call Ladder" strategy.

[@blazefury8336]

Is there a way to enable this on Robinhood? It only lets me do 1 call at a time. No custom option and as soon as I hit the +, I can't add anything else.

[@notypingforyou8523]

You have to get level 3 options

[@thrillbillyjp1]

or what u could is create a option trade then execute right, ok now come back into the same ticker to create a additional options trade.

[@joshlehigh69]

I'm very new to options and I feel this is a potential game changer for me.

[@adolfoorantes3690]

How it’s going? I’m trying to go down the same path

[@tonib1490]

How do you trade with only level 2 trading ?

[@christephercervantez5174]

Upgrade to level 3

[@tonib1490]

How?

[@liammcinnis8750]

Why are they so expensive when I do them? Doesn’t make any sense

[@romelindareyes7337]

I came to youtube to learn how to trade and the best advice I got is to read books about investing. One advice that I have found useful from one of my books is the fact that if you buy stock with low p/e ratio (also called price to earnings ratio and if the is low it usually means that relative to the stock's earnings the stock is undervalued) and also with high return on invested capital (if the return is high it means you made profit) but this is not financial advice to me it is only useful.

[@mackzack297]

Investing in stocks is a good idea, a good trading system would puts you through many days of success.

[@jasmineheidi1427]

I also came here to learn trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

[@kennethglenn4879]

@@mackzack297 It is also possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market than to the cost of proper diversification.

[@tonymatlock4437]

The cryptocurrency market is seeing one of its worst selloffs since 2020, sparking panic among investors and raising questions about why crypto prices have been increasingly sensitive to gyrations in the stock market.

[@dicksoneteng2111]

Exactly, the trick is to diversify your investment, don't panic when everyone else do and invest consistently

[@obtrusiveward]

Are you saying to close my option 2 days before the ex-date?

[@profvonshredder2563]

he’s mainly saying Don’t do the option trade close to Ex Div date. Close 2 days before it will lower odds of assignment

[@TradeRehab]

Options trading is a probability game

[@Mr.Snaggy]

I dont get it how are you only risking 1$ if the contracts cost over 100$

[@Mr.Snaggy]

What i mean by this is are you actually only paying the 1$ for the option contract and will only lose that ammount or will u lose 100$ because thats how much it cost in the video

[@PaulJoshi]

Trying this in India requires significantly higher capital

[@kunapatil]

You are buying and selling in the money calls … strike price is less than current stock price .. at the end of the expiration you will have to exercise the sell options right ?

[@dustinbozeman6306]

Went to try this strategy and it won't let me buy a call after adding a sell call? Do I need to own shares? This strategy did not work at all for me or I'm doing something wrong.

[@S3din]

No.

[@drossgamessports9480]

You already own the shares so this isn't a $5 trade at its roots.

[@dustinramsey5940]

you still need $100 as collateral, why don't you include that? if both of your shorts are exercised you have still have one long that has a higher strike than one of your short strikes

[@JeslieLaughs]

Bc if you’re gunna do covered calls you’ll ALWAYS have collateral. If you manage your risk well you’ll receive it. Remember when you’re trading you’re trading and buying 100 shares of the stock(s)

[@dustinramsey5940]

@@JeslieLaughs idk if you saw the video but they’re showing a butterfly without assuming you have the underlying, you still need 100 regardless it’s literally a vertical debit spread and vertical credit spread combined.

[@Mr.Snaggy]

@@JeslieLaughs then why is he saying your only risking 1$ when the shares are over 100$

[@JeslieLaughs]

@@Mr.Snaggy if I’m not mistaken if you create a right strategy you reduce some cost.

[@S3din]

New use you’re buying 2 option contracts and selling 2 also

[@shinraorg]

Lmao I kept clicking the messages tab so I could clear them.

[@Somanybeats]

Fyi this is also how you would Ghetto Spread a Debit Spread

[@meatymouse9600]

bro u dont answer questions in your comments wtf?

[@macfiona4545]

Aren’t you forgetting that Probability or Profit?

[@kingjoshua7420]

I don't understand your discord alerts .. I see green and red.. are the red puts ... green calls? Or sales red..green buy? Clueless

[@passivedividendsoptions]

🔥🔥🔥🔥🔥🔥

[@user-to2oc2xy3l]

It’s Christmas tree strategy

[@rippedray]

you would sell a call for it to go down? not a put?

[@fuvjvjchxhc7063]

The SCAMMERS are all over here , people don't fall for it, mr and mrs whatever...who knows, they all start out with the same line

[@Soundista]

Except RH will never fill you at that price. 😂

[@weaverdreams]

You don’t need to repeat yourself like three times

[@robertanthony4911]

Who goes to a YT Video and completely raid the comments about a whole different person?! Scammers and Bots that's who.

[@viksra]

Robinhood says: You can only select up to 1 option. If you want to build a strategy that's more than 1 option, you'll need to place separate orders.

[@blaby4ever]

@@vanlairdfitness386 Except you cant. Robinhood claims I'm not eligible yet.

[@coolguystorm1248]

@@blaby4ever go to account > settings > investing, if it says you have level 2 options trading you need to upgrade to level 3, if it doesn't let you upgrade you need more options trading experience on the account. This is something I wish these youtubers would talk about

[@bnuggg]

Video starts at 3:41 - Jesus Christ