How To Sell Options | Step By Step Tutorial (Covered Calls & Cash Secured Puts)

[@WhiteBoardFinance]

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[@RyanDLoLo]

Dude, this is hands-down the best video explaining options to beginners I have ever seen. Even though I understand options, this made me understand even more great job.

[@WhiteBoardFinance]

Awesome, thank you!

[@edwarddiaz1130]

Bro, you are the GOAT!! I’ve never seen someone break this down in such a simple way!!

[@WhiteBoardFinance]

I appreciate that! Please share

[@Logangil515]

Thanks again for the video Marko! It’s funny I went down a rabbit hole this past week going through options trading MSTR videos so this video was perfect. Over 20+ hours trying to understand options and still not clicking. Gunna keep holding for the time being until I fully understand but, as always, I’m going to stack stats and watch from the sidelines. THANK YOU! Hope you have a great holiday this week with family and friends!

[@Jason-qq2dh]

Another great video sir…simple and straight forward.

[@gr8gzu65]

You always know how to keep me to return and watch your videos. 🎉😂

[@WhiteBoardFinance]

I try to provide as much value as I possibly can in every video I make!

[@ShallShallShall]

Just a few thou away from being the mil account. Congrats on achieving this! Learning from you since the notorious car stealership video. Thank you for sticking to your principals of genuinely helping people with providing easy to consume information for making informed financial decisions. You are the gem people need but majority does not value, and greatly GREATELY appreciated!

[@WhiteBoardFinance]

Thank you!

[@MiguelGonzalez-yq9zy]

I always wonder how the options and puts work. I will definitely look into it. Such a great video man thank you so much.

[@WhiteBoardFinance]

Thanks for watching, please share!

[@brandonj.9638]

Selling options are great in sideways markets. Not so much in bullish markets. Be careful. Ive written at least a dozen contracts the past couple years and most of them have been called due to the stock surpassing the strike price. Sometimes by a hefty margin. Just know what you're getting yourself into before selling options.

[@KishanK1022]

Right on time for the wild market ride

[@TheMightyNate]

Markooooo glad the beard is back but more so more videos in coming thank you

[@WhiteBoardFinance]

Thanks Nate!

[@muradswati7676]

Very informative and easy to understand. Thank you.

[@iHunter808]

Hey Marko, amazing video. For the secured put section, what happens if the price never reaches that strike you set?

[@WhiteBoardFinance]

Nothing you just collect the premium

[@Affordablebath_remodel]

well explained- thanks from the 216.

[@dougz2855]

Another great video Marko! Thank you for the knowledge you share😇

[@WhiteBoardFinance]

Thank you!

[@Gd_Sn]

Right on time. I've been thinking about options. Thanks for the vid👍

[@Christian_Villanueva]

I sell options on QQQM in monthly increments. So far I have made 1.64% since I started in August (about 4 months). Doesn't sound like much but assuming I can replicate that throughout the year then that's about 4.5% for the year not including the appreciation. Shares don't come close to being called away since I'm conservative with my strike price. Plan on doing it with VOO when I accumulate enough shares as well. It's not as attractive as making what I make in a year in a month like how you are mentioning but I think it's a much more viable long term option (pun intended)

[@blackvx]

Oh thank you, Marko! I need to figure this out with the investment company i use. 😊👍

[@alphabeta8403]

9:00 Volatility is vitality 12:30 CSP

[@wealthadventures]

Good work! I might have to give this options thing a shot...

[@brandonj.9638]

Selling options are great in sideways markets. Not so much in bullish markets. Be careful guys. Ive written at least a dozen contracts the past couple years and most of them have been called due to the stock surpassing the strike price. Sometimes by a hefty margin. Just know what you're getting yourself into before selling options.

[@Evill-jh1yz]

Nice!

[@Easyservice-x8q]

Video is very constructive and informative

[@Easyservice-x8q]

Hi friend, I watch all your videos, they are very good, but if you can make some titles beautiful, it will attract many audience, I have seen many, if the title is good, if someone does not want to watch the video, then watch it.

[@kayakdan7013]

Could you show how taxes work on this? I assume the premium would be short term gains? and then if you did have to sell if the strike price hit, would that depend on how long you owned the shares on if it would be considered short or long term gains?

[@whiteeye2121movalik]

is there an ETF that can do these covered calls on very volatile stocks like microstrategy? so that I can hold that ETF for income

[@cfp_choochoo7011]

Great video

[@WhiteBoardFinance]

Glad you enjoyed it

[@mjoygreen6592]

Can i get more selling a call when the underlying is up or down?

[@sassylinda4617]

what do you think about HPE to do covered calls?

[@KKsistersTV]

Is it too late to get in MSTR? thanks for the educational video

[@bertaglen]

Please explain how you cover when the premium on the contract spikes up after you write it and the contract owner sells before expiring?

[@gospletruth4645]

Good morning sir watched your video breathe of fresh air. Think or swim is so confusing can you help me?

[@jimmykamande2416]

Beautiful content.

[@jtluns9]

do you have any recommendations for some entry level stocks to do this with, ie since its required to trade 100 shares minimum, ones that don't require tens of thousands of dollars to put in right away

[@WhiteBoardFinance]

I wouldn’t recommend doing this on anything that isn’t a long term hold or a high conviction stock. Don’t do this to pick up pennies in front of a steamroller

[@piskooooo]

I used to do it with AMD when it was always $70-80 but not anymore :(

[@KurtVogel88]

you can try MARA, RIOT, T, PFE, SMCI

[@medasrisacobarde8447]

Great video!! What I do I analyze the charts of the stock I wanna sell puts to see if it bottomed and is market structure shifts to bullish. Thn I hedge with buying puts if it starts getting close to the strike I chose to sell the puts for insurance

[@PNC613]

Do you have to hold the shares of stock to buy call option?

[@brandonj.9638]

He's SELLING the call option. Not BUYING. Massive difference.

[@Stockguy-k3o]

Cool video. Why didn't you want to show your cost basis?

[@troylongtin5417]

What strategies do you recommend for deep in the money covered calls that you are bullish on. Just roll it out indefinitely?

[@Mike_Affholder]

The iv on this stock is nuts

[@LivePlayWatchPixels]

How about you make a Great course for Optiuons Cover call ? Marko I will buy the course in a heart beat

[@MelissaMiller-jp3tu]

Thanks for the inspiring videos! This reminds me of my journey from struggling to earning 35k biweekly through hard work and focus, while building a loving home and fulfilling life

[@NitinSahu-lq8dh]

I want to start building my investment portfolio but don’t know where to begin. Can anyone recommend a reliable mentor?

[@AshleyBrown-ul6xg]

Have you heard of Colleen O'Brien? A mentor on the crypto market one should seek advice from. She's the best and you should get help from her if you want to make profits 📈

[@LaurenMoore-ij8xr]

Seeking professional advice is key, as navigating the investment world alone can be overwhelming.

[@AmandaJones-ok9df]

Having someone like Colleen O'Brien as a guide can make all the difference in achieving financial success.

[@JosephDavis-eg6ue]

Colleen’s practical and effective strategies truly set her apart from others who make empty promises.

[@brandonj.9638]

Selling options are great in sideways markets. Not so much in bullish markets. Be careful guys. Ive written at least a dozen contracts the past couple years and most of them have been called due to the stock surpassing the strike price. Sometimes by a hefty margin. Just know what you're getting yourself into before selling options.

[@chuxxj]

You make it sound dangerous. When you sell covered calls and collect premium, you indicate willingness to have the shares called away. Why is this a problem? Did you sell at a strike price that’s lower than your purchase price?

[@Vgb_ali_official]

Personal Prefer dmg controll 🤌🤌🤌

[@matthewdigiacomo8764]

Awesome now do one explaining the Greeks

[@ShawnThomas-k6s]

Better question... Buy MSTR? or Just Bitcoin?

[@ryantrainor2143]

If my cost is $100 and I have a strike price of $105 with an expiration date of 1 week, but the stock drops to $95 at the end of the expiration period, couldnt i just sell my stock and take a $5 loss (minus the premium)? Ive read that one of the downsides to covered calls is the stock dropping drastically and being stuck with it, but why couldnt i sell my position after the expiration date prior to that drastic drop? Simplified scenario, but hopefully you understand my question

[@ryantrainor2143]

Conversely, if the stock is a blue chip such as Amazon and has a history of rebounding over time, couldnt i hold onto my $95 share price in my portfolio and wait for that to return to $100 and break even plus the premium?

[@rethinkrich]

If I understand this correctly in simpler terms, would it look like this?. 1. Buy 100 shares of a stock 2, Wait til price goes above strike price 3. Sell it.

[@rashodmasters4299]

Hey Marko! I while back when i was studying about options i found a put option for a stock that was trading at $0.01 (I can't remember which it was but it for sure wasnt a penny stock) which i found weird because the rest of the puts were trading at ~$1.50. I kept an eye on it and it eventually shot up to $1.93 before it dropped again and expired. My question is if I would have bought it at $0.01 and sold it at $1.93, would i have kepy the profit from the premium even though it was naked? Or would i still have been on the hook for the underlying asset because I bought it in the first place?

[@jerrysmith6348]

Sometimes an option will show a low price like that because nobody is actually buying it (low open interest). So it's unlikely that you would realistically get it for 1 cent. But if you did, you then absolutely would get to keep the difference between, 01 & $1.93, or whatever you sold it for.

[@harsharao3555]

Write calls on $GLD or SLV or IVW almost daily calls and puts and good liquidity.

[@thebestken]

This demo presumes there was good equity in the shares already. How will one make money when they just bought 100 MSTR shares and want to earn good income from options? Your example may give around 1% income in one month when there is not much equity to begin with.

[@Zorlig]

Naked puts dude, that's the way. Playing the difference between actual and realized volatility.

[@markamark123]

thank you whiteboy finance

[@WhiteBoardFinance]

My pleasure lol

[@MrsGigiMoore]

This is Not accurate!!!! 890CC is $89K you need to have UPFRONT (x100 shares) not $34K to place a position. Also you collect a premium after you sell to close or after the option expires (and ONLY IF it expires ITM). 😅

[@WhiteBoardFinance]

Wrong

[@LouisMorganxb3]

Considering that I'm 41 and facing a job loss, I'm reviewing my financial plan. What investments should I make with $425,000 saved for retirement, $10,000 in an HSA, and a property that could generate me an extra $250,000?

[@MICHAELJHAGAN-l6k]

Consulting a financial advisor is a logical step at this point, but postponing retirement could be a wiser decision

[@LouisMorganxb3]

I'm not sure whether I should merge all of my investing accounts into one. If so, what should I know and how should I respond to this? In addition, I intend to sell my property, which might potentially fetch an additional $200,000. Is it better to put everything in one account or spread it out among several investments?

[@RichardGeorge-uj9iu]

These are important questions for a financial planner. I met mine at a summit, and with her assistance, my wife and I reallocate our $1.7 million assets between a regular IRA and a brokerage account. She has been handling the investment with our agreement and has helped us recover twice as much as we lost. Currently holding steady and gently navigating the market

[@snrMARYBRUBAKER-v6e]

That’s impressive! My portfolio has been struggling. Who is your advisor?

[@RichardGeorge-uj9iu]

*June Renae Matthysse* You are likely to find more information if you look her up online

[@F1rst0raft]

Be very careful with options… woof

[@WhiteBoardFinance]

These are selling options not buying

[@carnagie85]

Videos khay dowahk, gir bashwia ba camera bash nas shofo