How to grow a small account trading options (step by step)

[@dritanvarfi5274]

Very valuable tutorial. Much appreciated Tony. Had to rewind here and there but everything is pretty clear.

[@chionyenkwu2253]

Hi, great video, with lots of clarity and detailed steps; however the part about the Credit Spread management was a summary --> most important part of the whole thing; please expand on this with specific, detailed examples ?

[@aaronraphael2765]

Miss you on weekly options so was nice to find this I say to ask folks to put something in the chat if they don’t understand. How do you everyone hit 1,2 or 3?

[@Christensend]

This time last year I considered getting into options without much knowledge and decided to have a consultation with a trade analyst, and it was incredibly insightful. One year and a couple of months in, and I'm debt free. I truly cannot stress enough how helpful experts in this field are! Keep them coming brother.

[@Donnierra]

To be honest, I've had a hard time grasping the basics. What insights did you gain, and how are you doing it?

[@Christensend]

It’s not rocket science. As I said previously, I got into options myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified trade analyst who helps oversee my investments in ways that make me good roi. Now I sit back and reinvest at intervals while I focus on my 9-5.

[@Pathston]

Sounds like I need help so bad. To me, options are not worth it and I know that's the same mindset holding me back from taking a step forward.

[@Roymysterio]

People often mistake hubris for actual knowledge when it comes to options trading and I don't even blame them because there's an influx of false info on the internet today. Unfortunately, it hampers rational decision making. He is one of the bright ones, providing me with a great deal. Indepth investment strategies are just one of the many components.

[@Vikturneer]

Is he taking new traders? I'd like for him to guide me. How can I learn more about his service?

[@WAYNEYONG-i9k]

How do you select the deltas and what is the width of your spreads?

[@GeoffreyChittenden-k8e]

What is the best approach to enter the market now as a beginner with more or less than $8,000

[@bhjmkiolpsdedhamkiolpsdea5135]

There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.

[@WileyRaymond]

Almost gave up due to constant losses, but Selene turned my luck around

[@WileyRaymond]

Steadily getting up to 11k monthly now

[@RaySigurdsson]

Leveraging market changes is s remarkable talent Selene has

[@GeoffreyChittenden-k8e]

Where can I find her?

[@ColeHauser-kl3wl]

Hit 200k today, a good day to relax and enjoy with the family . Thank you for all the knowledge and nuggets you had thrown my way over the last few months. Started with 14k last month

[@melb7939]

Please share what you traded and how you do this!

[@zhangpe1]

@@melb7939 all i got to say is that risk and reward are never too far from each other.. to gain this much profit means there were huge risks taken. that said... selling options when the vix is high is usually a better time. trade highly liquid assets, id suggest a delta neutral portfolio with a bias towards long/positive delta. but then again, ive only recently started... there's that.

[@alansonchurch3000]

Nice to see you on this site Tony! Great teaching always.

[@RajshreeShaw-u8o]

I am interested to sign up.Can show an example of NVDA Vertical Credit spread?

[@NestaAstern]

Thank you!

[@edmandell3064]

Great video. When you say 1/3 of the vertical width. Isn't another way of looking at that is you want your Delta above 33 ?

[@jackhudkins542]

great commentary...thanks!!

[@ILCA-Newcomers]

A question about the potencial loss. Let's say some put spread position says that my max potential loss is "250$", let's say I opened the option with an expiration date of 45 days. Let's say after 15 days, the market goes below break even, why I see a loss higher than 250$? If I let this option expire, will my max loss be 250$ or it will be the one I see now (500$)? What are the odds that one of the legs will be assigned?

[@vsquad2012]

Thank you for the education! Is there some sort of record of the performance of the credit spreads? Or for any of the featured trade ideas available on the platform?

[@dek2000utube]

Do you ever combine this with fundamental analysis?

[@Business12man]

Can you use the Think or swim platform with optionsplay?

[@albertodeulofeu5277]

21:41 yes, but your actual risk is less. Lower delta = higher chance of your trade winning

[@jitendraPATEL-t4l]

what platform do you use

[@armegaz]

Do we sell as soon as it goes up or hold it for a few days? Thanks

[@722guy]

can your system also trade automatically?

[@medusaskull9625]

Which broker allow you to buy a single option contract?

[@edwinbab3205]

For weekly income is it better trade weekly options or not and how have consistent weekly income

[@CptCarbon]

If you sell this credit spread on a share, do you have to manually trigger the buy put option for 77$ in this example? Or is it automatically done by the broker, if the price goes below 77?

[@chinaubt]

thank you very much

[@motrock93b]

I like this video quite a bit, but would like to point something out. There's no free lunch in the market. Yes, you can choose spreads which increase your profit margin on these credit spreads, but they will very likely come with a lower percentage of trades going in one's favor. There is very efficient arbitrage in the market to balance out any inefficiencies. That's not to say this is a bad strategy, because I think it has great merit. Just be aware that things always balance out. Good luck out there!

[@marksibert305]

Do you ever break up the spread? I mean that since you sell and buy at the same time, have you been tempted to buy the sell at a different time then sell the buy later?

[@zhangpe1]

youve got to be careful. selling the long before you sell the short might be a bad idea as you might not have the buying power to go naked.

[@GeorgeMcNeil-o6p]

Couldn't you be assigned the stock?

[@juliencaldwell1719]

Cheers for publishing this! I need help: My OKX wallet contains some Tether USDT, and I have the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I go about moving them to Bybit?

[@alansonchurch3000]

Tried to sign in, not able to. Havent given up, Try again Monday.

[@alwaysforward28]

does anybody know why closing a trade at 21 days at the latest is recommended?

[@Oct-jy4dz]

Do you mean if an OCO order is placed, 50% of the premium will be a target exit and 100% of the premium will be a stop loss? I used to have a FirstTrade account. Are they still providing the same trading platform as yours? Thanks.

[@pohu6296]

What is membership fee per month

[@lizlemon9632]

Excellent instruction.

[@jerryli20]

great !

[@digitnomad]

Less premium or a small loss, this is selling spread all about, however, the wheel strategy makes a 0 realized loss. anyway, great video.

[@FlimsTV]

Thanks

[@42santana]

Can you please explain the margin amount required by buying the puts

[@MsSly66]

It seems that a bit of improvement in sound quality is necessary!

[@segunijifisayo1091]

For those of us that are new in trading, Can you run a demo from your demo account please?

[@Karpo505]

Bollinger bands?

[@aggie22]

So many comments from Bots on financial channels! Be careful!

[@MindfulMatters734]

They're everywhere! Fake unrelated replies to each other to make it seem like a legitimate conversation is going on. Ask ANY of them something and they won't respond, and the last couple of replies lead to the person they want you to contact on something like Whatsapp for example. What a joke 🤣

[@absurdnerd7624]

​@@MindfulMatters734I agree. They are very easy to spot. In my opinion it is proof that Google/KZbin either has a very inferior AI model or they are in cahoots with the scammers. Perhaps it is a combination of both. After all, for the scammers with the fake websites they pay Google to promote it in the search results. I fault folks like that raging Bull Jim Cramer. Whenever he "interviews" the Google CEO he is too busy with the mutual a$$ kissing to put them on the spot.

[@et_phonehome_2822]

@@MindfulMatters734Google need to crack down on these spammers.

[@jenniferisabell2652]

The fact that he hasn’t responded to any comment shows that 😅 what a shame

[@edthom2210]

@@MindfulMatters734 A waste of time if these KZbinrs do not reply. They just want subscribers to make money.

[@GammaVegaTheta]

Why recommend this strategy to all trading skill levels if Fidelity won't approve new traders for Level 2 options trading, required for putting on spread trades?

[@markmitchell6534]

I have same issue with Fidelity! Just trading covered calls and cash covered puts until they feel I have enough experience to trade vertically credit spreads under Tier 2.

[@oceanscaper]

Why would a successful trader need money from a you tube channel?

[@_amdo]

If most traders are loosing money with any strategy, then who is at the winning side and how do you get on that side?🤔 Thank you for sharing this knowledge and the time it took you to get where you are!🙏🏻

[@tar101672]

Show the backtesting results

[@jenniferisabell2652]

So you’re saying that it costs $8,000 to sell an option contract but you’re saying that you have to do that and buy one? Or am I confused.

[@MsGorteck]

Even if you are not wanting to PDT, the amount of money required by your broker can be prohibitive for many people. He talks as though everyone has that kind of money. To be fair, he probably only WANTS to deal with those individuals. Having said all that the concepts he is showing and teaching are good, one might need to work outside of his box.

[@edwinbab3205]

What is ken grif citadel use to make big profits

[@stevefulton3472]

Yes

[@sandedom339]

The chart you are showing is already happened and you are showing retrospectively, that if we would have sold spread at dip, we would be profitable, but during real life it is prospective, and how do we know that dip is not going further dip for long time?

[@foxymuldar]

Wait for the dip to hit support, like a 20MA or 50MA and same for Bearish reversals. Then the 20 and 50MA would be resistance. You can also wait to see if you get a little bounce and also consider the overall market conditions at the time.

[@sandedom339]

@@foxymuldarthanks

[@mmaroof3]

1 Thanks

[@rafaelosorio2251]

What happened with the other channel? (OP Canada)

[@Thechargingbull]

the audio is horrible

[@ramaraksha01]

I wish some of these videos would be for experienced traders - these videos get extra long because he explains every little thing which most experienced traders already know - having to sit thru these long videos to get to the meat of the video is tiring

[@arung186]

the price is always 20 minutes behind the market.

[@sevabe1867]

Informative but too long video

[@zhangpe1]

that's why you watch at 1.5x. lol

[@collchu2010]

IoI, if I could spot the Higher Lows in XLC chart, I would have not traded credit spread. I would simply buy the ETF or buy call to get the juice in order to get capital gain. In BABA chart, you sell ATM put and that candle is a red big candle which is a falling knife, It is too risky to assume it will turn around, even though you protect the sell put by 77 dollars buy put. For a beginner, it is a big mental stress when he see the price kept dropping and showing unrealized loss. Besides, you did not explain why you sell put at that price and big red candle. Why???😵😵

[@derlijunior6402]

good question, ATM is too risk even with 45 DTE. Selling the put with delta of 20, max 30 is safer in case of a big correction in the market.

[@sandedom339]

CELH is example, look at that chart, what happened now

[@vanillalatte6756]

How come you never talk about if the stock price falls in between your two legs? That’s the biggest risk. You may get exercised on the short leg and can’t exercise the long leg. Some people may burst their accounts.

[@Alphablacksea]

Because the spread is closed at 21 DTE, you almost never get assigned.

[@albertodeulofeu5277]

11:03 that baba put credit spread was no good.

[@chionyenkwu2253]

you win nothing if ratio is 2 to 1....

[@vertigo2894]

EASY! Be a fake youtube trading "guru" and make money from views 😅. You don't make any money from trading, it's all views.

[@raymondmcevoy8209]

4

[@tmccart1]

ATM with Alibaba...lol

[@albertodeulofeu5277]

Lol crazy right? 🤦🏻‍♂️

[@FlimsTV]

3

[@chionyenkwu2253]

1

[@BethrandPaul]

Thanks for the update.I really appreciate the dedication in each video you post.The first step to successful investing is determining your goals and risk tolerance, To be successful in markets, traders should understand the crossover between asset classes & liquidity flow.. You have changed my entire life and I continue to preach your name. Now I can say that thanks to Ms. Eunice Berthold I am improving my understanding of this whole world and making new big profits every week.

[@BethrandPaul]

She's mostly on Telegrams, using the user name

[@BethrandPaul]

EuniceB3

[@GraceIke-fj9by]

I am impressed by the way expert Eunice Berthold conducts business and makes statements. And I really like her quick answer

[@lamar-jl1cy]

Many people downplay the role of Advisors until their own emotions burn them out. I needed a good boost to help my business stay afloat, so I looked for certified advisors and found a reputable MRS Eunice Berthold, which helped me a lot to increase my reserves so far, from 270,000 euros to more of 600,000 euros, despite current inflationary factors.

[@claud55575]

She deserves more awards and I was looking through the comments and saw this. I tried it and never regretted it. She is the best.

[@PVT888]

wtf is with the thumbnail? clickbait much. with credit spread you will also need to have the collateral to cover the spread. a $5 spread like this example requires you to have $500 set aside.

[@HT-ud4fx]

You won’t have anything but you will be happy.

[@steve99912]

Lol 5 to 7000 nice

[@steverosas1553]

in 6 Days.!!!

[@begebel]

Exactly. Thumbs down for me. Click bait 😢

[@donaldlyons17]

What's up with the thumbnail $5 to $$$$ in just 7 days? Does anyone else find that extremely problematic? What he is WTF..... WHAT!!!

[@liongteckming3489]

2

[@ChicagoAustinDC]

This channel becoming more scammy with thumbnails like everyone else. There is no one literally no one who makes from 0 to 7000 in one week.

[@donaldlyons17]

Yeah I was very suspicious of the thumbnail. But with thumbnails creators have an issue... TO Be Honest and not get views, likes, comments, subs, sponsorships because often stuff is linked to each other or do click bait and increase their odds... That is like asking many people would you rather make $18 an hour or make $22 a hour for literally the same job!!

[@jonasbaine3538]

I have $4.

[@jdfs5261]

Guys these are all not going to happen. Don’t waste your time on these kind of videos.

[@r.martinez6562]

This is total BS in my opinion

[@Ricado-pp1wn]

I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family

[@TingleyAshley]

Wow that's huge, how do you make that much monthly? I'm 37 and have been looking for ways to be successful, please how??

[@Ricado-pp1wn]

Yeah, since meeting expert Judith Ginsburg, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.

[@Ricado-pp1wn]

I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

[@Ricado-pp1wn]

She's a licensed broker here in the states.

[@Ricado-pp1wn]

After i raised upto 125k trading with her, I bought a new house here in the states also paid for my son's surgery (Kelvin) glory to God.

[@mmaroof3]

Please reimburse my $1500, I donot want to take Legal action as yet. Mohammad Maroof Thanks

[@mihirpatel5329]

Bs

[@et_phonehome_2822]

KZbinrs are here to make money, take everything with a grain of salt.

[@mmaroof3]

3 Please reimburse my 1500 dollars

[@miker7808]

this is crap

[@philip6106]

Don't do it it is a scam

[@mmaroof3]

2 Please return my annual subscription of 1500.dollar(I may have to take Legal action)M Maroof.

[@begebel]

Click bait. Thumbs down on this one. This guy usually good but his strategies are slow and steady. Must not be getting a lot views/buyers so they decided to go click-bait route. Stay your in niche man and leave the fast money to WSB!!!😂

[@kbram7363]

huh? What are you talking about?

[@begebel]

@@kbram7363 Did he show you in the video how to go from $5 to $7000 in 7 days like the thumbnail claims? That's the very definition of click bait, mate 🤣

[@absurdnerd7624]

It seems that you missed the fact that his target audience is customers on Fidelity and part of a weekly series. And in case you don't know, Fidelity customers tend to be more conservative investors.

[@PonderDuke]

In the meantime BABA dropped again to 78.34, below breakeven. Luckily there's still time to expiration.

[@et_phonehome_2822]

If the underlying is choppy, even if right in target price, you can lose money. Pay attention to the Greeks.

[@IlyaByk83]

Dude, I just need $25K to lift my PDT restrictions.. Cash Account is out of question for me.. Can I have $25K for 3 weeks?? I just need to be able to daytrade...

[@michaelprivette9847]

You may know this, but with options your money resets DAILY…. You don’t have to wait 2 days like you do with shares…. So you can Daytrade your entire account everyday….. now I’m with you…., I WISH I could just get in and out as many times as I wanted all day….. but I guess gotta do what ya gotta do. Edit: This is with a cash account of course Edit #2: it may be different for different brokers…. But I personally do this with Robinhood and TD Ameritrade/Schwab/Thinkorswim

[@michaelprivette9847]

Actually I think today was the beginning of money settling every day EVEN ON SHARES,

[@IlyaByk83]

@@michaelprivette9847 WHAATT???

[@Tha.Black.Profit]

Futures trading is the way. No options Greeks to worry about nor PDT restrictions as long as you get the direction correct. Topstep/Apex are prop firms you can use to trade with their capital and keep most of the gains.

[@mccanncornel2551]

Turn restrictions off u wont regret it…i feel way more free trading now…

[@raymondmcevoy8209]

3

[@KAIZADSANJANA]

1

[@stevefulton3472]

3

[@jitendraPATEL-t4l]

1

[@FlimsTV]

1

[@liongteckming3489]

1