How to Trade Cash-Secured Puts on Robinhood: A Complete Guide by InTheMoney

[@sbgomez137]

This man is really changing lives out here. He breaks it down so easily and carefully. This process takes time. You will not know what to do 100% but keep listening and learning.

[@yasssgawwwd5643]

Too right!

[@spyrebel7612]

Rule #1 of the wheel (or selling puts) - Always pick a stock you would be ok owning 100 shares.

[@kleejarzembowski9397]

Great video! I'm curious if there's a particular time you prefer to sell puts? I've heard that it's best on Monday's but I never know why that is or if it makes any difference.

[@historry9323]

@@kleejarzembowski9397 Any small semi-predictable routines have long been picked up on by high frequency traders who smoothed those curves out. The best time to sell your puts was yesterday, the second best time today, if it's something you're looking to do that is. Always remember, time in the market beats timing the market.

[@MistaBrown420]

@@kleejarzembowski9397 You cant trade on silly things like that unless you want your probability of profit to decrease. You sell puts or covered calls on anything you dont mind owning for awhile it would not matter what day you choose what matters more are things like how high is implied vol how far out of a EXP date are you choosing what strike do you want and lastly is it a good time to purchase the stock? If you want the stock at current price go for covered calls if you want in the stock but want in at a lower strike and you see the strike is available then sell a put on it you dont mind owning the shares at that price you get to collect premium from a stock you dont even own too.

[@NoeRodriguez510]

Yes this is very important

[@jesusolivarez7545]

@beautiful boombap well, that comment aged well.

[@Southpaw07]

This guy is a genius at such a young age and on the path to being very successful . There are a lot of bs videos on trading but you know your stuff. Kudos to you and keep up the great work!

[@MILMI123]

Lol my mans like 58 idk about calling him young

[@WhiteBoardFinance]

Theta Gang checking in 😎

[@SirApesALot]

Eating them Tendies!

[@AJK_I]

What does it mean when theta is a larger number than delta?

[@user-gu1hl2kx2k]

@@AJK_I they don't even have the same unit

[@AJK_I]

@@user-gu1hl2kx2k oh ok

[@Don_Ocasio]

@AJK it means the volatility is high, which means the price can go up or down in large sums. It can go up $10 just as easily as it can loose $10. But the other part of it is that it eats away at the price of the premium which is what you want if you’re selling puts. You want a high delta if you’re buying Calls that way the theta doesn’t eat much from the premium. High theta for selling options and high delta for buying options.

[@HellboundHarry]

I'm going to be completely honest. There are a ton of big name youtubers and others pushing money making stock videos, and the first video I ever watched of your was your 1hr+ options part 1 video. My bullshit detector finally caught a break. I sat down with a cup of coffee, pen, and pad. I took notes and paused for all the questions. This lesson too. Your main goal here is to educate and I love that. I have a little stock groupchat I created after watching your videos and our whole purpose is to learn and grow together and to educate to the point where people can make their own decisions. I've pushed your videos to all of them and they thank me for it. You have been nothing but inciteful, educational, and helpful in every possible way. And a lot of people out here think the same I'm sure. It feels weird tossing so much praise out to a younger guy, but hey, I missed my stock stride until hitting 30. You keep doing what you're doing, and I'll be here for every video!

[@HellboundHarry]

Oh, and I don't have kids, but Susan says hi

[@InTheMoneyAdam]

This comment hit right. Thank you very much, that means a lot to me. I hope to catch around in the comments from time to time! Best of luck out there

[@X11CHASE]

Lovin this positivity

[@a-bombx]

100%. Well said Corey.

[@milesgodfrey5833]

im new to trading because i just turned 18, and your videos are more informative than any book, magazine, or article that ive read. Im currently making 300 a week selling high premium OTM CSPs yielding 2% a month. Thanks for the high quality learning man I feel like i owe you money.

[@milesgodfrey5833]

@@scottreesetradinginvesting7936 thanks man. Although, its is not my paycheck i work full time and go to school full time. The wheel is how i get my portfolio growth. I dont care if my stocks tank and i get assigned because im always a long term investor.

[@dylliedutch]

37:29...”whatever happens....I don’t care....because cash secured puts are the tits!” Great quote.

[@cheesesandwich1033]

Dude, your videos are pure gold. I have no idea why nobody else out there is able to explain things like you do! Well done, congrats!

[@MuffinTheMan]

After watching this video a handful of times (as well as several of your other options videos), I finally sold my first PUT today. We'll see how it goes, but I just earned some premium and would be happy to own the underlying long-term at the strike price if it gets in the money and I get assigned, so it seems like a win-win to me. Thank you, sir.

[@jmitterii2]

How'd it go? I'm thinking of doing the same. Waiting to get into a particular company so kind of really hoping to be assigned... it's about the laddered fib extension abce down swing average price I would do anyway entering in anyway. And if not, I get paid for waiting. (And I can also ladder in a bit too just in case it doesn't happen and I don't mind owning over 100 shares in the company). But I don't want to buy it where it's at now fully. Want to ladder in baby. Red days are buy days. Green days are sell days. Just more green days than red. :( And I'm out of selling stuff. And not many things I find worthy to buy at these fluffy prices. Get paid to wait. Or both paid to wait and get in. :)

[@tusharpatel1992]

My man out here getting swole day by day.

[@swamprat9389]

Gettin stole on your mom

[@ubersteve3265]

Got that home gym set up

[@TrollFalcon]

All those gains

[@StreetCornersHD]

Great job on the videos explaining options Adam, I've been watching and re-watching your videos on options for a while now and I'm starting to understand these strategies. I still have a baby account so I'm far from being able to use most of these strategies, but I'm enjoying the learning process

[@InTheMoneyAdam]

Nice! Glad to hear it.

[@peterhindes56]

Yeah I want to do cash covered calls but there are no reliable underlyings with a price that I can afford 100 of. So I don't have enough collateral. I've been doing spreads instead, for a similar result. But theta still gets ya 😛

[@MistaBrown420]

Only need a few hundred bucks to sell to open options really, but the hard part about that is there isnt a whole ton of companies price in the 1-10$ range that anyone really wants to hold onto for a long period of time. I found selling cash secured puts on cheaper stocks like the 3-10$ range provides a nice % return for how much collateral is held up and it allows me to have the opportunity to get in the stock for a price that I like. For instance QLGN is at 3.30 I sold a 2.5 jan 15 2021 put on it for .35 premium I dont mind owning the shares at 2.50 I was planning on buying them right about at current price but just a bit lower around the 3.15 range id feel more comfortable but 2.5 would be even better although if it does drop that much I may not want the shares at that price so in general Im hoping not to own shares and for it to expire worthless but just saying for how much collateral I put up and how much premium I get to take in and in a pretty short amount of time is great for smaller accounts to not only make a little money but your going to learn a ton actually doing the trades and it helps alot that your risk is really limited and you wont be loosing your whole account to one trade.

[@wandarah]

@@Liam_Daly lol

[@chimchu3232]

​@@peterhindes56I'm about to sell a CSP on Ford, not an underlying I'd normally buy, but I can afford the collateral, and it will be a good one to try the strategy out.

[@jamesecutler5230]

I really appreciate how thorough you are, and I really like how you repeat the four things that can happen with selling a put. You’re a really good teacher.

[@InTheMoneyAdam]

Thank you very much, I appreciate that a lot

[@WillsterChoe]

cannot stop watching your videos.. they're so well constructed and well taught.

[@ryanbain225]

Like how you end up saying the same thing like 4 different ways. For a total newb to the vocabulary it helps alot

[@Judy91115]

I really like your teaching style and how you continue to repeat and recap the material. As a newbie, this helps A LOT. Thank you!

[@Potatoroomr]

That outro always makes me feel like Adam is giving my brain a hug at the end for learning a new skill

[@jennifergonzalez6431]

Your supportive tone is super appreciated lol

[@danscheele3008]

Some of the best options content on youtube.. super clear and average person like me can finally understand

[@pivotboss8966]

The best explanation in the entire world. Adam Rocks!

[@IneffableNPC]

I have watched almost 20 videos trying to learn how to sell a put and this i the only one that has made sense. Thank you so much for taking the time to make it.

[@ryanl3812]

You're doing God's work

[@yasssgawwwd5643]

Amen ! Halelooyer!

[@zubindesai9208]

Dude! You crack me up! You're my favorite go to choice as I'm learning about options. Love you, man!

[@athllleeo9288]

You're right! Cash secured puts and covered calls were confusing to me for a while in the beginning. Then it clicked! Great content. YOU got me into Selling options!

[@InTheMoneyAdam]

WOO!

[@Miramar2024]

@@InTheMoneyAdam thanks for great video. My question do u prefer selling put or doing PMCC. What is the best way to collect better premium of course u will do covered call on your leap. Also don't u think is risky to do cash secure put close to earning and let it ride after earning cause stock my drop if company didn't do well

[@paradiselosing]

@@Miramar2024 Selling puts using cash outperforms a normal covered call long term & outside strong bull markets and bear markets. Now PMCC gives u more leverage but also more risk to downside as delta will destroy you as stock plumits. You can simulate similar leverage with using margin cash to sell puts. This is a better alternative but they both have their merits. PMCC will outperform in bullmarket while selling puts on margin cash will be better outside bullmarkets

[@mocker1]

What if you sell put deep in the money, Would you be obliged to buy shares at the price that’s way higher, then market price ?

[@olanioshuntuyi8480]

Yo, I literarily had to pause the video to post this comment telling you how awesome you are. Excellent work man. I really appreciate how well you break down these details. 👏🏾👏🏾👏🏾

[@enrique8288]

Never seen a clearer way to explain options. Respect! Thank you!

[@nicokinner868]

Sell puts is my favorite strategy! I usually just wheel it but i might have to try the roll sometime. Thank you!

[@josephquillen3208]

Adam, thankyou so much for your educational videos!! They have helped me so much! You "teach" in a very clear manner & primarily easy to understand!! As you know, there is so much "out there" that either makes no sense or is of little value to traders or actually detrimental to traders! I am sure you do better with videos but have you considered doing some educational books ?! Is'nt it ironic that our educational systems, in this country do not focus or teach financials?! Just finished your cash secured put video. You covered extremely well!! Maybe, you could do a video on naked calls & puts the advantages of & also the pitfalls/risk of them?! Thanks!

[@bengyherrera2736]

Exactly what I've been doing and I've seen making 10-15 percent returns monthly

[@herrickinman9303]

One of these days, the underlying stock will gap below your breakeven price and continue moving lower, wiping out all the chump change you collected from previous cash covered put trades.

[@user-gu1hl2kx2k]

wtf? your puts are too close to the money

[@thestormtrooperwhocanaim496]

@@herrickinman9303 but if he picks the right stock, it'll recover or he can sell cash covered calls. That's why you choose stocks you don't mind owning. You get premiums, or worst own it, hold it and collect dividends if you picked stocks that have them, or keep selling calls.

[@herrickinman9303]

@RJ AB You'd be closing your position at a loss! You now have less capital to invest! Covered calls won't stop the stock from dropping.. Let's not forget the purpose of this covered put/call strategy is to generate income, not to acquire stock you "wouldn't mind owning." lol If you're so good at picking stocks, then you should be buying calls, not selling puts.

[@herrickinman9303]

@@thestormtrooperwhocanaim496 You don't know it will recover, and writing covered calls won't stop the stock from continuing to drop. The chump change from shorting calls won't offset the losses from the falling stock price. Call gamma and delta shrink as the stock continues to fall. If he's so good at picking stocks, he should be buying calls, not selling puts. Whether or not he would "mind" owning the stock won't prevent the stop from dropping. Writing covered calls won't prevent a stock from dropping, either.

[@yosoy3879]

This guy has been my go to guy for couple years now, best teacher out there feels like ur in an actual classroom💯

[@PonderDuke]

Do you also have entry and exit criteria for this option strategy? 1) Like It needs to be a stock you want to own, 02) you sell the put on a down day of the stock to collect more premium, 03) expiration date 30-45 days out etc?

[@Radoslav_Stefanov]

Man, I've read so many articles and watched so many videos on this. You make it very easy to understand. Thank you!

[@Sandeep-qs7uq]

Thanks for the feedback. I advise you get in touch with my cryptocurrency expert Jordan on whatsap to make huge profits from cryptocurrency like I do with his strategies

[@Sandeep-qs7uq]

+ 1 4 7 0 3 2 6 6 3 6 7

[@jpsullender]

Do you have a podcast? That would be awesome

[@brexbrox7170]

I really wish I could think of some better way of thanking you back than just liking your videos and subscribing. For the knowledge that you've provided me with (a 23 year old guy who started option trading not too long ago). I've made my first 1k (41% return profit) in the past 20 days thanks to you and your strategies in your videos and I wanna say that I keep coming back everyday or so to review and relearn your teachings to make sure they stick with me. From the bottom of my heart thank you for what you do and making it simple :)

[@josephpapino]

Thanks for the video - awesome strategy. Quick question. I’m having trouble understanding how you are allowed to buy to close your existing put when it’s in the money. Hasn’t someone already bought your put contract that you originally listed and aren’t you liable to fulfill it if they decide to exercise? In essence, who ends up having to fulfill the order if the person who originally bought your put decides to exercise? Sorry I know that’s a mouthful and hope that was clear.

[@InTheMoneyAdam]

It can be someone totally separate. Maybe a new person wants to sell-to-open, so they sell it to you (when you are buying-to-close). Now the contract is between that guy and your original counterparty

[@josephpapino]

@@InTheMoneyAdam got it, thanks! By the way, I really appreciate your prompt reply - second one today! Happy trading ...

[@stoneman2023]

Thank you for the question & answer, as a newbie that buy-to-close detail was a wrench in the works, now I can move along to understand the concept better. Thank you InTheMoney & wish you & your brother well 🍎🍀

[@pallaswebb]

Thank you SO much for your instructions and explanation of the wheel strategy. I have looked at so many channels and none of them explained it as well as you did. You make it simple. The graphics are SO helpful. You are the BEST!!

[@TankorSmash]

I appreciate the point about only responding to well-written comments, it's incredible how many people just seem to be hunting _purely_ for 'how to get rich quick', instead of improving. That being said, man would I love to be profitable. Thanks for the video dude and good on you for the BMW shoutout.

[@herrickinman9303]

No one's going to get rich quick by collecting chump change from cash covered put trades. It's a capital intensive, low return strategy compared to other option strategies.

[@a-bombx]

Mr. @Herrick Inman helped me 10x my money on Tinder call spreads. He's the best!

[@alexrousedds]

What are your thoughts on the butterfly strategy? I am a beginning trader and like the idea that it cost less to get into. Thanks so much for the info on your channel!

[@AdamUpMusic]

Dude. 2hrs ago!? I specifically came to this channel to see if you had anything on this.

[@etotheli1027]

Thank you for the information. Question: 1. You mentioned towards the end to buy a Put utilizing a stock with, “High implied volatility”. How do you go about finding these stocks? 2. After selling a Cash Secured Put and you collect the premium, do you pay taxes immediately or are the premiums rolled up and paid at the end of the year? I appreciate the info!

[@vladlenvronsky]

Dang, I can't find the spreadsheet!!! Is it still linked here?

[@christiansoto5502]

Also was looking for it

[@Pteromandias]

Whenever I get assigned - of course it's a stock I don't mind owning - I turn around and immediately sell a call. Could be the same strike as the put I was assigned. This is where I might use some indicators and depends on how far it moved and the volatility of the underlying. If it looks unlikely to reach that strike again, I'll lower it, usually to a strike at 70% range chance of profit, but high IV options don't require much adjusting. But never below my adjusted cost basis. I try to keep my ROI consistent.

[@hypocritekiller4900]

@34:40 that select button is only available if you are approved for level 3 on robinhood.

[@ajk9420]

12:34 it’s 12:11am and this just makes so much sense and clearer. I hate college and learning but this this right here great stuff lol

[@Je.rone_]

New to the channel, I need to learn more about options myself

[@danielpalmer8324]

Welcome to the world of option trading. It changed my life and now I'm considering retirement in two years. I just started too, not even couple months ago. It changes everything! ✌️

[@a-bombx]

@Lex Clips 🚨SCAM ALERT🚨

[@thefinancialmillennial1387]

Thank you so much for this information! My options game has increased 100% since watching your channel

[@cowabungatv4159]

Can you always buy to close or is it possible that no one wants to sell what you want to buy? In the last example you showed, when you bought to close and sold another put further out with a higher premium: Are these actions sequential, meaning RH waits till the buy is executed and then sells the put or does this happen in parallel?

[@wolford171]

So funny that this stuff always seems like rocket science, no matter how many videos I watch but, this video, as well as the call video, actually made sense. Your style of teaching is excellent. I hope you get a chill gig teaching finance somewhere after you're already rich and don't care anymore, but your still in it for the college chicks...at 58.

[@AndrewSmith-yg7yh]

Thank you for everything you've taught me over the last few months. I do have a couple questions though. My current strategy is selling credit spreads and I am having some decent success so far, however in this video you seemed to encourage traders to hold these puts through earnings. Everything I've ever read teaches earnings and options are a big no no, but isn't IV crush a good thing for a seller? Would you recommend holding a credit spread through earnings? What happens to your long put/call after earnings etc? Thank you again.

[@V3rnSqwd5611]

I’ve decided to never buy a stock outright ever again. Now whenever I want a stock I just sell an in the money put. I collect the premium if the stock tanks or I get the stock for cheaper than I woulda paid. The math always works in my favor no matter where the stock price is, it’s like a gta cheat code. I only do this on stock I want to own though so I am never disappointed. I find myself wanting the call to be in the money because I wanted 100 shares all along. Then once I get 100 shares of something I’m writing out of the money call options for weekly premiums. This is really the way and wish I woulda known about this way sooner. My money literally has a day job.

[@RandyLy]

I wish I had known about this and the wheel option strategy years ago. I wouldn't mind owning an ETF tracking the S&P500 (like SPY or VOO) and just selling puts/calls and reinvesting those premiums into owning more of the ETFs. This is literally like infinite money knowing that in the long run, the overall market will always recover.

[@S1lv3rdo7]

People just don't understand the power of what's being shown here.

[@DempseySR30]

I saw a back test that showed just buy and hold S&P 500 SPY beat the wheel by a lot.

[@briansnead4787]

Man I'm trying to learn options day and night and bought my first call, in HYLL, but it was a total noob gamble because i felt that's the company that is affordable and i believe 100% in the company. In the money, out the money. Theta.. I feel like either betting on horses or trying to figure Pythagorean theorem...

[@S1lv3rdo7]

@@DempseySR30 You're right I watched that same thing. Couple problems with it. 1) It tracked the S&P. Index's like TNA put out 3% return on capital a week. Make that with SPY. Also they traded at 80% out of the money. Trade at the money and you get ahead so much faster if you understand you don't lose money when the price drops. It's unrealized losses. Let me say that again, YOU DO NOT LOSE MONEY WHEN THE PRICE DROPS. It looks like it. You'll see a -$amount. You still have the same amount of shares. They may be worth less, but you haven't lost money until you get rid of them. Just sell covered calls until the price comes back up (remember you have the same amount of shares) and sell your covered call above your cost of ownership. People don't understand that concept and miss out on so much. 1) Total cost of ownership 2) You haven't lost money I've been doing it for months now.

[@S1lv3rdo7]

@@briansnead4787 STOP BUYING CALLS! You will not get ahead buying calls and puts. You need to SELL premium. I'd rather make 3% every week rather than 2380729806% one time from buying a all. Especially with a small account, Like I assume you have.

[@Nouveau0]

I feel so happy that I understood everything he said. 3 months ago I would've been banging my head against the wall trying to understand this video 😂

[@donnabrannan1448]

I watch several YT videos on how to trade in the stock market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it, i have made huge mistakes in the past and I do not want to make mistakes by taking risks in my own hands again.

[@fredkenneth1034]

Have you considered consulting an investment advisor or using a portfolio manager?

[@donnabrannan1448]

@@fredkenneth1034 Hi, no I haven't do you know any or can you point me in the right direction?

[@donnabrannan1448]

@@fredkenneth1034 Thanks for sharing, but have you made any profit whatsoever?

[@fredkenneth1034]

I have traded up to a million dollars worth of financial assets with her help, she showed me the ropes and I let her handle my account afterwards because I made certain rookie mistakes.

[@donnabrannan1448]

@@fredkenneth1034 I just looked her up found her website and left a message, hope she reply soon. I really want to make some profit of this.

[@ek5soccer]

Hey been watching some of your videos about option trading. I was wonder if you had any specific videos going over more of the technical side (delta, theta, etc) of option trading?

[@harrysayers]

FINALLY a tutorial I can understand :) thank you brother!

[@kennethmarshall2731]

This guy is a good teacher .he explains shit proper

[@kingbags8938]

My dude is a true teacher... No, correction: PROFESSOR

[@go4384]

Another way of viewing covered calls or cash secured puts is that a covered call is kind of like a stand limit order to sell your shares at the strike price you choose but with the possibility of making money on the limit order if it doesn't execute. Cash secured puts are limit to buy orders where if you don't execute you get paid but if you execute you own the shares you put the limit order to buy in at the strike price.

[@Sensimuse]

Great video, thanks for the clear explanation - I'll definitely be using that spreadsheet to track my basis! For a smaller account that can't afford the collateral required for cash-secured puts, what do you think about using PMCCs to farm theta and purchasing shares with the collected premium on your short calls until you can run the wheel proper?

[@InTheMoneyAdam]

Absolutey! I've had a lot of fun trading those in the past.

[@hvacguy11]

When you say exercise are you referring to if the counter party sells to close there position in the money or actually exercise.

[@InTheMoneyAdam]

💎Get THREE free stocks when you deposit $100 in WeBull until Nov 16th: bit.ly/3j29uso

[@sergeylyubarsky8201]

So if I sell my entire $45,000 portfolio and then I sell cash secured puts on roughly the same amount of shares that I own at the moment, either I get a whole bunch of premiums or I buy back my own portfolio but cheaper? Do I have this correct?

[@justinhill2378]

So cash secured puts are basically the same as covered calls? Right?

[@davidharperii]

@@sergeylyubarsky8201 you'll get a whole bunch of premium (probably around $300 worth) but remember you'll only be able to provide collateral for (as opposed to buy) stocks in multiples of 100

[@davidharperii]

@@justinhill2378 yes except selling cash secured puts are bullish and covered calls are bearish. So in a way they are opposite

[@historry9323]

@@sergeylyubarsky8201 Theoretically if the shares drop yes. But you could also end up with your whole old portfolio rising a bunch more then the amount you have collected in premiums ending up with less profit then you might have.

[@Callasn20]

Love the video and learned a lot. Gotta question. If you are selling a cash secured put option you are agreeing to buying the 100 shares of the stock at the strike price. The buyer is buying the RIGHT to sell 100 shares at the strike price. My question: if you are assigned you buy the 100 shares, the buyer of the contract now gets to sell 100 shares, why would you be able to own the 100 shares? Isnt there an extra 100 shares made? Isnt the shares you buy supposed to go to the person that bought the contract? Maybe im a dumbass and completely off on it.

[@Callasn20]

@@scottreesetradinginvesting7936 ahhh that makes sense. Thanks!

[@CrashbandiJune]

The more I watch, the more I understand. Thank you

[@babygamer405]

Correct me if I'm wrong, but my understanding with Selling a Put option is.......don't matter if the price goes up or down as long as it doesn't hit or go below your strike price, thus after expiration, you will collect the premium plus get "ALL" your collaterals back? RIght?

[@nathanzaslow5614]

Theta Gang!! Thanks for the great video. Please make a video on the wheel next!

[@rob1bassbone]

Love the account! I have a dumb question. Can I just close my position. Avoid assignment and just keep the remaining premium? Instead of rolling to a new contract ,?

[@johnewurum2081]

Hey Adam, do you have a reliable link that monitors high Implied Volatility for various stock?

[@a-bombx]

@Lex Clips 🚨SCAM ALERT🚨

[@jamesnewsome]

If I have $0 buying power it appears I can still buy back the cash secured put option. I assume they take the difference from the collateral? RH platform.

[@kleejarzembowski9397]

Boy did you catch me off guard when you said say hi to Susan. That's my daughters name, how did you know?

[@mikokun7714]

If I'm correct: Always Sell a covered calls before you get out of holding 100share's Always sell a protected put to get into holding 100share's Bonus: always have the possibility to earn premium when entering or exiting

[@loszdog2988]

I assume you meant sell covered calls.

[@mikokun7714]

@@loszdog2988 like that? Yea now makes sense! :)

[@WordofBob]

Can you do a poor man covered call video ? Your vids are great. Thank you

[@InTheMoneyAdam]

Yup! Thanks for the suggestion. I think the next couple vids will be The Wheel Strategy and Poor Man's Covered Call.

[@Ismail-zr2xk]

Cant wait for this!

[@felipesanchez7462]

InTheMoney running the wheelso far so good. Would love you to talk about it as well.

[@everytimewetouch]

@@InTheMoneyAdam wheel strategy lets go !!

[@avs_4u]

Hey A, I keep coming back to watch your channel, after 3 years. Hope health is better my hombre. God bless you.

[@helenoliver4838]

If being a millionaire retiree is your future forte, then keep a close eye on the stock market stakes and ensure that you invest in the right stocks that suit you.

[@dannyvera8475]

It’s easy to double few dollars in the stock market

[@danieljamal3709]

Investing in the stock market is the best option to make a passive income. Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I’m keeping a diversified portfolio.

[@henrygarcia1792]

You can surely earn $1000 per month by trading stock market, provided you have in depth knowledge of trading strategy like technical analysis, chart patterns, support and resistance, trendlines, risk management

[@georgecooper8750]

So How could someone get in touch with an expert who is capable of giving quality assistance to ensuring good returns

[@helenoliver4838]

I do have an Expert Tamara Diane Hagan who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.

[@treasured8551]

Hey I have a question? First of all thank you for all that you do I love your videos. I have almost watched them all three times. Yes really benefited my way. If I sell a put And it becomes in the money and expiration, But not above buyers break even price. Will it be exercised every time or is that at the buyers the Discretion?

[@treasured8551]

@@scottreesetradinginvesting7936 Thanks!!. I get it. I guess I need To start selling options more to get familiar with the other side of things.

[@MrRaja]

Time to hunt down IV crushes instead of getting crushed by them. And get a wife named Susan according to Adam.

[@rlg222]

I struggled with the puts I did just recently on SNDL but now I have a better understanding of PUTS.

[@DromeTrades]

Nice I also bought $1 6/25 sndl puts a week ago. How did it go for you?

[@danieledrisian9972]

Why's he so charismatic..

[@briansnead4787]

He could provide valuable information, or be one of thousands of charismatic pumpers of stonks on KZbin. I'll watch the former.

[@deter78jg]

I didn't know you could roll a position in Robinhood as one transaction 🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯 Thank You!!!!!!

[@a-bombx]

@Lex Clips 🚨SCAM ALERT🚨

[@Laissez_Faire]

Damn it. I didn’t know I couldn’t revert my steps and get back my collateral 🤦🏻‍♂️ now I got $3000 I can’t use till March. “Edit: if you buy back the option it releases the collateral “

[@yasssgawwwd5643]

So I sold a put? And then bought to close and it released the collateral but you still gotta wait til expiry to see profit right?

[@Laissez_Faire]

@@yasssgawwwd5643 no. That’s it. You already bought it back. At that point you’re done and there’s nothing else to do or wait for. That’s why I don’t sell cash secure puts. I rather buy puts like in sunworks or Fuelcell that ran up way over their evaluation. But always look for the ones with the most liquidity (buy/sell volume)

[@yasssgawwwd5643]

@@Laissez_Faire right. I always check Liquidity and Volume!

[@Abanobp]

Is this the best way to enter a position if you were already planning to do so? Seems like a win win. If I’m planning to enter ABC stock, might as well go this route, and sell the put with a strike price at the desired entry point. If it gets assigned, cool I was already planning to get a position. If not, we made money off the premium!

[@Jen-ur4ut]

Exactly.

[@thecandyman9308]

**3 minutes in** anddddd....i'm lost

[@futurebeats898]

30 seconds for me lol

[@inkbold8511]

Love cash secure puts, it sometimes allow you to get the stocks below the market cost! This happens when you sold your put at higher cost in days prior but on the expiration day the put loses value due to rise in stock value but the strike price is still in the money then you get to be assigned stocks at lower than market cost to you.

[@htsauce420]

Run that wheel people!

[@NerfPaladins]

Glad I found this channel. Learned a lot from the vid. I initially thought of options being scary/too complex to do. I avoided them for years, until my friends told me to do cash covered puts..saying i don't have really anything to "lose". Glad, I youtube searched it and found ya..because the articles online made me confused, but hearing you go though the steps made it easy to understand. Time to do some covered calls and secured puts next week! Finally can put my money in my 0% savings to actual work.

[@joannebonnett5223]

*Despite the economic crisis,this is a Still a good time to invest in stock and Crypto*

[@georgeedward6246]

The rich spend less and invest more

[@robertacarlson8923]

Investing in these economic crisis will be one of the best thing to do

[@carlaalpentista413]

You're right I think stock and Crypto are the best to invest right now☺️

[@melissabrockman6397]

As stock's are good but crypto is better

[@richardcolson5130]

I wanted to trade crypto but got confused by the fluctuation in price

[@bobbyjeangayheart360]

In a Cashed Secured Put scenario, the buyer of the Put already holds the underlying assets? Does the buyer already own 100 shares that will be sold to the seller at the strike price if she decides to exercise the option? Otherwise, who sells the 100 shares to the seller at the strike price when the option is in the money?

[@Studiodevs]

That’s my problem ... I only do covered calls but I tried to do a put for fun and even though I had 100 shares it didn’t say I had a contract to sell but I had one to sell a call? Idk

[@nickyy9364]

The buyer purchases the underlying securities at market price and resells them to the put writer at the strike price.

[@nickyy9364]

@@Studiodevs In a covered call the buyer of the options purchases 100 shares of stock from the writer. So, the writer can own 100 shares and write a contract without any collateral. This does not work with a put because the writer is BUYING 100 shares from the buyer of the contract who purchased 100 shares at market value.

[@slavaboichenko1811]

Man, I'm no gay, but I love you. I could not turn my head around puts, I couldn't understand what does it mean "to sell stocks at a higher price" when you secure with cash. Now I get it. Can I send you a sbux gift card?

[@user-ht7jt2gr5j]

Great video. With the Robinhood example, one thing I didn't understand is why you Rolled your Put from $25 from $24? I didn't see any advantages of Rolling the Put from $25 to $24. You still collected $165 in Premium & Expiry Date is still the same if you had directly got at $24. why 2 transactions when 1 transaction would have given you what you wanted?

[@More-right-rudder]

I can’t believe this is all free on the internet! Thank you Adam once again for this! Very much appreciated.

[@MD-gk9os]

Thanks so much for the explanation. I loved the ‘rolling for a credit‘ part of the video. I finally understand it now!

[@johnwinnerdz1]

Hey Adam which stocks do you like ? Do you play penny stocks or $10-600 range stocks ?

[@fiendga]

I just started this! Bro you are awesome! 🤙🏾🤙🏾

[@diego81683]

Hey if you buy an out of the money leap. Can you make money while holding it?

[@paulpanetta3775]

Great description. You hit the key point over and over...Gotta be OK owning the stock at the strike price. It is NOT a real loss! Thanks for speaking clearly. Too many people say its a loss.

[@einfussganger]

Hey Adam, do you have a video that discusses strategies when a stock you sold a CC on gets called away and you want it back? I'm here thinking a CSP is the way to go. Happened to me and TSLA this week. The CC I sold went suddenly deep ITM and they'll get called away. Thanks!

[@younghotshotpreacher]

Hey Adam, appreciate your videos. I’ve learned quite a bit from them over the last month. I have several questions that probably involve foundational principals for options buying and selling. Feel like I need to understand the behind the scenes activity. 1.) When you sell to open, it’s any Joe Blow like me that is buying correct? 2.) Once I (Joe Blow) own your option contract and the value of that contract goes up in price and I sell it. Is it another trader that is buying that? 3.) If you want to roll it or buy to close your original contract, you would not necessarily be able to do that instantly would you? It would require whoever is holding it to sell? 4.) As the writer of that contract, do you get first option to purchase to close? 5.) Once you do buy to close, does your collateral instantly return to your account? 6.) If you get exercised, you are required to buy the stock at the strike price. Who forces that? The brokerage? What is there interest in that? How does that exchange work? 7.) Would you recommend this for larger accounts only? Feel like maybe you could make more with day trades or buying and selling options? 8.) As an example; I have purchased an option contract for .50 and it raises in value the next day to .89 and I sell. Can you explain where that contract is going and how that is affecting the “writer” of it through it’s process? I know it’s a hefty list of questions but I have been trading options for about a month and really enjoy it. Just feel like I should understand the mechanics of them. Also, I’ve really appreciated the actual purchase of contracts to show how to do it. For me as a beginner, that’s what I was looking for to give me the courage to click the buy button for the first time. I think the more experienced you become at something the more difficult it becomes to remember how inexperienced you once felt and the basic questions people have. One thing I’d love to see is a time lapse video of a trade that gets bought to close. Thanks Ronnie

[@ChaseNorris]

Same

[@whosruda1908]

Hey I love your channel but I would love to see you show more tastyworks and TOS. I love how you show the trade after you speak about it in some of your videos. I was hoping you would do more advanced videos, with charting, patterns, swing lol I just love the way you teach and I know out of all the people I watch I would definitely be willing to pay for a Adam courses that go more advanced. Keep up good work your channel is the best

[@jermainehines3254]

Let’s say you buy cash-secured put on snap and the strike price at $25 per 100 shares. Later on, toward the expiration date, your contact gets exercised. Then you get assigned 100 shares buying it at $2,500 for the 100 shares. You’ve mentioned the rollover strategy are you able to do the same with writing covered calls? Just continuing collecting premium also with writing covered calls further in expectation date.

[@spenceranderson7483]

Could you clarify your question? Here’s the answer to what I think you are asking. After getting assigned you can sell covered calls on the shares you were assigned. You can also roll call options similar to puts by buying to close and then picking a different expiration and keep or change the strike price the same as with a put.

[@projectryan9062]

@InTheMoney Hey Adam What app are you using when making your lectures? I mean that virtual board you are writing on? I have a MS Surface and a surface pen + OneNote, but I'd like to use your vistual board. Thanks in advance.

[@thecoolnessification]

What would you say the percentage chance is if someone sells a put a month out at a strike of 5000 current stock level is 6000 if the stock reaches say 4500 2 weeks into the trade what is the chance it will get exercised and you will have to buy the shares? Most people think as long as the strike is above 5000 at expiration you will receive the premium but I'm under the assumption you can get exercised anytime the strike is under 5000 even if its before expiration which is correct? Have you ever been exercised and had to buy the stocks before the expiration date?