I did bad maths at 7:52, the bid ask is actually lower around 1.5% of the value of the option. It also shows the mark price so I didn't need to do the math to find the mid. They are synonymous.
@boybitschua18 сағат бұрын
glad to see you are getting better!
@InTheMoneyAdam18 сағат бұрын
Thank you!
@elbarca22318 сағат бұрын
Am I dumb? I am glad that you know it. 🤣🤣🤣
@olegnechai96613 сағат бұрын
@@elbarca223 At least he’s that smart not to go to your level and respond to you. Adam is strong!!! We love you man
@boroqcat6 сағат бұрын
Can’t describe how personally invested I am in seeing you win Brodie. I get legit geeked just to see you post. You can legit get a like posting finger football. You pushing through to deliver free value instead.
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@peterstone790120 сағат бұрын
Good to see you brother! Hope you're doing well!
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@samuelsiegal249416 сағат бұрын
It seems you’re doing much better Adam. I’m happy to see it. Insightful content too about bargaining for a mid and your delta sweet spot.
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@juanky555517 сағат бұрын
Thank you Adam! Awesome video, you covered a lot of nuances which aren't generally covered. Loved it, glad to see you better man
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@ssy333kk55 сағат бұрын
I am so glad to see you Adam. Recently I am interested in leap and here you are. Thank you.
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@scrowfunk810918 сағат бұрын
You seem to be doing a lot better compared to a few months ago. I’m incredibly happy for you and hope you are doing well
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@josephukedaddy054818 сағат бұрын
Dude!!!! I will watch this tomorrow morning. I just wanted to give you a like right away!!!
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@taliluvu211 сағат бұрын
I’m happy to see you. Please give yourself more grace in the calculations with all you’ve been through😅Something about the way you trade resonate with me but I’m still a newbie and trying my best to understand the approach. Thank you for all that you do.
@InTheMoney-Channel10 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@beansbeans40792 сағат бұрын
Learning so much through your videos. Definitely hopping in the Patreon once I’ve saved a chunk to mess with
@davidb903915 сағат бұрын
100% agreed about swing trading. Wheel just makes sense, get assign then just sell calls at assigned strike. Simple.
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@jeffl854913 сағат бұрын
Giving you likes on your videos because of your fight against incredible obstacles. Let's go, Adam!
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@fotografkennethlund14 сағат бұрын
I'm so happy tp see a new video and hopefully this comes across as well as intended: you look and SOUND much better than in a long time!!!! 🙏
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@UraniumFever-ud8il20 сағат бұрын
I love LEAPs in a special and unique way!
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@0DTEVIXCALLS19 сағат бұрын
Oooh SHIT It's that BOYEEE Thank you master of Options for this morsel of knowledge
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@jsmoothFL13 сағат бұрын
Did I miss what is about Robinhood legend in the vid ? Glad your doing stuff again man
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@joannapatterson462519 сағат бұрын
Thanks for sharing. Love your content!
@InTheMoneyAdam19 сағат бұрын
Thanks!
@Saboori14 сағат бұрын
It’s so good to see you back my man! I have 100 AMD shares that I bought at around 170. I’ll probably sell part of the shares and buy a leap with the money if it keeps going down tomorrow. Question: isn’t a delta of 75-90 not too high? Wish you much strength with your fight and hope you’ll be soon healthy again!
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@jaden856438 сағат бұрын
Welcome back my boy
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@aj_theeartist96711 сағат бұрын
Welcome back bro
@InTheMoney-Channel10 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@businessphone790513 сағат бұрын
I was just thinking about you today. I hope you and your brother are well.
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@KyleBaran903 сағат бұрын
Bought two 75 delta WMT calls with 180 dte a month ago, took $280 profit on one of them. Did the same with silver the other day, but I feel like it's gonna eat some near term drawdown. I do like that all risks are defined upfront with options
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@arh82419 сағат бұрын
Hope you are doing fine… Are you planning to make a video about selling deep ITM cash secured put and selling deep ITM cover calls? It must be interesting because of the way you teach things. Thanks
@kkwin159515 сағат бұрын
That will be great! i would like to watch and learn it too Adam!
@leonguerra1785Сағат бұрын
Hope you’re doing well and that your recovery is improving! May I ask why buy LEAPS right now when in prior videos you are addressing a high possibility of a recession?
@stanmarge632611 сағат бұрын
The best dude of the game is HERE
@InTheMoney-Channel10 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@truckinforever98513 сағат бұрын
Poor man’s covered call Adam Great videos Stay up
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@Praneeth_-20 сағат бұрын
You are a god send! I recently started trading seriously and this definitely helps. I hecking love LEAPS.
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@kkwin159515 сағат бұрын
Thank you so much for a great Videos Adam!
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@PatrickHoodDaniel19 сағат бұрын
Excellent information!! I will have to join your Patreon. You are the only one that looked at IV for a LEAP and I think that is so important as you want the lowest IV when buying a LEAP (not selling). One question, have you been able to do LEAPs in the Roth IRA then CC on those LEAPs? I can do the LEAPs, but then the CC is not allowed for some reason in my Roth IRA Robinhood account.
@InTheMoneyAdam18 сағат бұрын
Haven’t tried, don’t like capping my upside potential
@PatrickHoodDaniel17 сағат бұрын
@@InTheMoneyAdam Good point. I am usually way OTM on my CC. I've switched to standard wheel strategy in my Roth IRA after noticing that I can't do the PMCC.
@InTheMoneyAdam16 сағат бұрын
Yeah, I’ve noticed that my typical 0.3 delta cc’s (when I do sell them) usually end up ITM rather quickly.
@lslurpeek16 сағат бұрын
Don't cc them. Just buy the leap and don't over think it
@PatrickHoodDaniel16 сағат бұрын
@lslurpeek been doing PMCCs for a very long time. Can't stop. Like it too much.
@doctortoddanderson20 сағат бұрын
Thanks, Adam! How are you liking the legends platform?
@InTheMoneyAdam20 сағат бұрын
I like it! Needs work. I rattle off some things it needs at the end of this video.
@doctortoddanderson19 сағат бұрын
@@InTheMoneyAdamAnd there’s no roll shortcut like there is in the regular version…
@redeyes556818 сағат бұрын
Hi Adam, good to see you making videos again. But I am confused as to why you did what you did. You sold ~$6K of AMD to then use those $ to fund the purchase of a LEAPS call option. So you are short x shares of AMD but long 100 shares (at a certain delta - I forgot what the value was) via the LEAPS call option. What is your strategy to handle this combo position?
@InTheMoneyAdam18 сағат бұрын
I’m not short. I sold shares and bought a leveraged position with the proceeds. I just swapped shares for a LEAP, leveraging the dip.
@GarciaFinancialCapital16 сағат бұрын
I’m confused too. If you’re long an 80 ish delta call & short stock at the current price. Wouldn’t you be net short your position?
@paulb8891617 сағат бұрын
Around 6:00 when you thought you were looking at delta you were actually looking at Vega 😱
@InTheMoneyAdam17 сағат бұрын
Yeah did a brief whoopsies
@chrisjiang907410 сағат бұрын
Will you do an update whether you think a recession will happen or not?
@InTheMoney-Channel9 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@PatrickHoodDaniel18 сағат бұрын
I just noticed that the limit textbox has the "mark" right there conveniently.
@InTheMoneyAdam18 сағат бұрын
Noticed that, too. Put it in the pinned comment. Nice!
@PatrickHoodDaniel17 сағат бұрын
@@InTheMoneyAdam I'm loving the new Robinhood Legend. It has so many "hidden" features!! Haha
@redrobin11933 сағат бұрын
hello again! :)
@snarfsnarf24717 сағат бұрын
Good to see you back out here brother . Hope all is well on that end 🙏🏽🫡
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@bentleyboy7212 сағат бұрын
When it gets time to dump these options, for exercising, does RH require that you have the capital needed to purchase the 100 shares or do they "lend" you the money until you can resell the shares to make up the difference? I think I've seen peoples' accounts show a negative number before? That's my only hold up with getting into LEAPS being how best to exit them before they go to 0.
@InTheMoney-Channel10 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@kevinxiang19118 сағат бұрын
Do you plan on closing your leaps early if the signs for recession in the next year are imminent? Kinda like playing it by ear.
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@BodaciousBeaver19 сағат бұрын
Adam would you ever buy a LEAP on an index etf like SPY or QQQ?
@InTheMoneyAdam19 сағат бұрын
Already own one on QQQ
@BodaciousBeaver19 сағат бұрын
Hahaha I’m an idiot I just saw that - it’s very small on mobile
@DevinBerry-v9c7 сағат бұрын
With the leaps you just bought you can sell calls against it? (PMCC)
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@Jdhannel17 сағат бұрын
Another great video, thank you. Question: Actually, looking for confirmation that it is (or is not you) that I am conversing with on Discord regarding mirror trading. If it is you, excellent, if it's not then you'll be saving me from a scam.
@InTheMoneyAdam17 сағат бұрын
Not me
@Jdhannel16 сағат бұрын
@@InTheMoneyAdam good to know. Thank you.
@DeLaCruz87819 сағат бұрын
Can I get 3x leverage buying ITM LEAPS?
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@briancnc17 сағат бұрын
Was Legends only rolled out to select people so far?
@InTheMoneyAdam17 сағат бұрын
I suppose so
@johnstewart522119 сағат бұрын
Do you still only hold 3 stocks? i remember you made a video years ago and you said you don’t believe in diversification and only owned microsoft amd and chegg or something like that
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@william18miller6 сағат бұрын
how would exercising a LEAP option be tax efficient? wouldn't that force you into short term capital gains? but if you sold the LEAP option after a year you'd have long term capital gains
@InTheMoneyAdam4 сағат бұрын
Did I say tax efficient or cost efficient? If you have like no liquidity at all, you don’t have much of a choice. But this is a rare outcome.
@william18miller3 сағат бұрын
@ 18:32 you said "to avoid taxes on your gains". It was very confusing because it's not avoiding taxes at all and in fact is increasing them if you've held the LEAP for over a year... but yes it is more cost efficient (if you don't consider taxes) if there is no liquidity
@FatherDragonKal20 сағат бұрын
Haven’t watched the video, but I hope it includes how to SELL LEAPs please 🙏
@InTheMoneyAdam20 сағат бұрын
What part of selling LEAPS are you confused on?
@FatherDragonKal19 сағат бұрын
@@InTheMoneyAdamWhen do you sell them? Who do you sell them to? When do you “let them die” and how do you do that? I’m so confused by it I’m sure I have questions I don’t even know what to ask? I followed your video to buy LEAPs like two years ago and ended up with hundreds of shares of different stock and $150k leveraged because the time ran out and I had no idea what happened.
@InTheMoneyAdam19 сағат бұрын
@@FatherDragonKal I tend to not sell them. I buy them on companies I'd hold long-term and roll them up and out when they're profitable and becoming illiquid/approaching expiration, or I sell and buy a new LEAP using the proceeds and extra cash to buy the dip. You sell them to either other market participants or market makers. If you can't afford to buy the dip, you have to just let the LEAP ride because they are so leveraged that you would quickly get stopped out if you had one. Not sure what you mean by 150k leveraged and time ran out. Did you let them expire? Anyway, that's all I'm answering here to keep it fair to my Patreon supporters who pay to ask questions.
@jordanfong425519 сағат бұрын
@@FatherDragonKal why would you sell leaps, theta doesnt ramp up until 60DTE, there is no point to sell LEAPS
@javabudd18 сағат бұрын
Good stuff
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@Wonka_Tonka17 сағат бұрын
are you not trading on tasty trade any more?
@InTheMoneyAdam17 сағат бұрын
Haven’t been in years
@joshcenac824518 сағат бұрын
With $7,000 limit per year on Roth IRA, how did you get to $280k at this age? Unless you have $200k worth of profit, in that case I need to join the group.
@joseflassan17 сағат бұрын
Yes. I’ve seen this on prior videos and my eyes almost popped out of my head. I was slow to IRA and index funds but 4x-ing my IRA at 39 years old is just bonkers.
@InTheMoneyAdam16 сағат бұрын
Just consistent deposits and good returns. I’ve made most of my Roth money in the last few years.
@KyleBaran903 сағат бұрын
Last year was insane, 40-60% returns across the board (methinks from inflation and USD being devalued). Doubt next year will look that good, unless something is really wrong. But that's why you DCA and ride it for the long haul
@AutoTechAndy20 сағат бұрын
If you are not subscribed to in the money , are you really learning?
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.
@carsonhunt464210 сағат бұрын
Leaps when market is at ath, questionable timing lol. Hopefully turns soon. Last time I got fomo like this I bought in thinking the current admin would keep inflating for us… month later crash. Have that same feeling… we’ll see
@InTheMoney-Channel9 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@andyperez14346 сағат бұрын
Thank u
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My TEL is broken down into 3 sections. 十1(213), then 296, finally 6604? I’m available for a 1-1 convo. I’ll be expecting your tex.❤
@leonv464814 сағат бұрын
leaps of faith
@InTheMoney-Channel12 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.
@samuelfox812617 сағат бұрын
It doesn't seem right to sell shares of a sunken stock to pay for your leap.
@InTheMoneyAdam17 сағат бұрын
It’s essentially buying the dip
@abarber3200219 сағат бұрын
Aye! Let's
@Stan_sprinkle19 сағат бұрын
❤
@igotyoubeat5 сағат бұрын
What are your thoughts on these high dividend ETF’s like BITO and others
@InTheMoney-Channel3 сағат бұрын
Thanks for watching! My helpline are as follows. Firstly=> plus 1213, Secondly=>296, Lastly=>6604. I need to clarify a few things and share some important details with you. I'll be expecting your tex.