Here's how you can win even when it looks like you'll lose (with Q&A)

[@smbcapital]

Options Trading Workshop bit.ly/3aBPPA5

[@stockoptionsprophet9641]

So many great tips in this video! 🤑 6:40 if your short spread get's tested, close and reestablish larger lot further OTM for a small debit 12:40 set a stop loss 125-150% of credit recieved 19:00 leg in or out if scalping, otherwise for a better price, place complex/ imbalanced orders together

[@smbapplicantross884]

Enjoyed this! Rolling is exceptionally helpful as well in situations with edge. When combining edge with the statistical advantage of selling OTM options there is powerful potential. I also really enjoyed the Q&A session at the end of the video. Hearing the back and fourth at SMB shows so much value within the firm for growth. "Use the same stop you'd use with the original number of lots." - Seth F. Love this nugget. "Breaking up your options complex order almost guarantees you won't be screwed on your fills." - Seth F.

[@smbcapital]

glad you enjoyed the q&a :)

[@jed1610]

The Q&A portion was very valuable! Often I have similar questions regarding risk and 'what if?' situations after a strategy is explained. Those extra explanations that Seth uses to fill in some gaps in understanding are helpful. Thanks for the content!

[@smbcapital]

good to hear Jed! we can try to do more of it in the future

[@bytebit]

This was great, especially the Q&A

[@matthewmorse3397]

Please also note you state that the RUT went below 1160. I assume you meant below 1960. Please correct me if I am wrong. Thanks

[@stockoptionsprophet9641]

💰If RUT options OTM are liquid then why would someone want to place a 10 lot 1 wide, when they could place a 1 lot 10 strikes wide? Are you only playing price and not IV?

[@samuelarba6695]

Keep doing the Q&A. It’s very useful!

[@jazznsurf2308]

Thanks Seth, a very helpful video and Q&A especially so.

[@smbcapital]

glad it was helpful!

[@matthewmorse3397]

The cash received from the 1840 put should be $43,650 bringing the net to $1,500. Please correct me if I am wrong. Thanks

[@stockoptionsprophet9641]

Why not roll down and out in this scenario? And doesn't waiting to close your credit spread when the stock price tests your strike, mean you'll be paying the max extrinsic value?

[@internationaljetsetguru]

What about if you're sitting on failing SPY puts?

[@bhobba]

Great Q&A.

[@smbcapital]

Glad you enjoyed it Bill

[@maxcorder2211]

Exactly the technique I could use in a trade I’m in.

[@couchpotato684]

Thanks.

[@paulwalker5166]

This is the story of my trading career. Drives me crazy.

[@smbcapital]

we've all been there

[@themeatjesus]

Yes lol today went for the long gap fill trade today on spy and got chopped out

[@smbcapital]

sounds familiar haha

[@qamarmood1157]

Why do people always talk about options expiring worthless when we are day trading? Who holds until expiration

[@scottjanikowski3565]

This trade worked out, but after the roll they are RISKING 9 to make 1.....not a great position to be in.

[@JasonMattern]

Who’s the kid in the Q&A’s that says “like” for every other word? He loves to interrupt Seth while he’s talking too. Can you mute his mic? Thanks

[@tdiler12]

Ruts are so volatile I m surprised the credits are not better Not so great for sellers not worth the risk for this guy xsp anyday .

[@ChiIeboy]

Trade the $SPX, increase your bet size, widen the spread, collect your premium, and book your vacation villa in the BVIs. Simple.