Combining cash-secured puts and credit spreads to generate profit with $UVXY

[@Artbyrainbow777]

thanks you for your very quality video. i love the advance trading style

[@hooplifemixtape6303]

This is gold… I’ve played them separately but together is great r/r

[@Cybervue]

Am I correct that you took a loss on this trade? UVXY came in at 11.82 at the close last Friday .

[@thehourglasstrader9280]

Correct! The first week resulted in a small loss, but we’ve set up another similar trade for next week. We’ll see how it shakes out. The idea is to put ourselves in high percentage positions and then let the odds play out over time.

[@Cybervue]

@@thehourglasstrader9280 Sounds good. I think this is going to go up this week.

[@billassim9014]

Nice video

[@dfjkslkjldsfl]

NOT A STOCK- youre clueless as to how this ticker works.

[@thehourglasstrader9280]

Lol it’s a volatility-based inverse ETF. Perfectly familiar with how this works and this strategy has generated decent returns.

[@dfjkslkjldsfl]

@@thehourglasstrader9280 lol NOT an inverse etf either 😂 educate yourself before you go vlogging trying to educate others. Decent returns for you maybe, but you have no idea what you’re trading. That’s obvious. UVXY = 1.5X the performance of S&P 500 VIX short term futures for a SINGLE DAY. Opposite of inverse… It’s leveraged…. It resets daily which is why the price movement is the way it is…

[@dfjkslkjldsfl]

@@thehourglasstrader9280 you’re welcome 🤡