I Learned A SIMPLE Passive Income Trading Strategy from This Millionaire Trader

  Рет қаралды 223,228

Humbled Trader

Humbled Trader

Күн бұрын

Day Trading with Humbled Trader: bit.ly/yt20231102
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How do stock traders improve their profitability using option trading? Option trading is certainly not a new concept. However, it does feel like a whole new world out there for stock traders who only trade shares, including myself.
Today, we are going to learn from a full-time option trader who makes 7-figures with his monthly passive income strategy.
​⁠‪@CodyYeh‬
00:57 How do profitable option traders make money?
12:00 Strategy Tutorial & How to analyze options
32:23 How to manage risk in option trading
38:27 How can stock traders maximize profits using options
The Humbled Traders podcast is made for traders who are serious about learning the reality of trading. I hope that you are getting useful trading knowledge out of these trader podcasts. If you do, please smash the like button and share this video with your trading partners.
#tradingstrategy #stockmarket #optionstrading #optionselling #passive income #smartmoneyconcept #daytrading #humbledtrader #stocks #livetrading #algotrading #priceaction #scalping #traderpsychology
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.
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Пікірлер: 540
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
Comment your questions for Cody down below! 😁 Get my FREE Strategy crash course: bit.ly/yt20231122cc Sign up for Free stock watchlist: www.humbledtrader.com/free
@owningyourfinances
@owningyourfinances 9 ай бұрын
Thank you, Humbled Trader. Thank you, Cody! Question for Cody on SPX Spreads: Typically we're taught to target 1 to 2 ratio on risk to reward, but what is your opinion on swing trading way OTM SPX spreads that have a wide spread, like 20-30 points, after confirming daily price action to your favor? While it's true you would have a good chance of success on it, going even a week out, the reality is that you would get paid roughly $400 to take on a total risk (if you held it without ever closing - even if it went fully against you) of $2,600 ($3,000 spread minus premium of $400), so then the reality of this position is that you're risking $2,600 to earn $400. Is this completely backwards? Bad idea? Or do you have some thoughts on that for us?
@michaelscott8393
@michaelscott8393 9 ай бұрын
This, so so on radsw u
@vivekjodhani5538
@vivekjodhani5538 8 ай бұрын
please translate in hindi audio AI. tool
@CodyYeh
@CodyYeh 8 ай бұрын
@@owningyourfinances Great question, big spreads could actually reduce the overall risk.
@Scorpio77902
@Scorpio77902 8 ай бұрын
Shae, that was not only a fun little demo, but that was also THE BEST intel/explanation on HOW TO execute this trading strategy. This was great! Just started learning this strategy about 3 weeks ago, this was the most informative. Thank You Shae, Thank You Cody! - BC
@alphabeta8403
@alphabeta8403 9 ай бұрын
2:50 Options selling 5:00 8:30 Started in 2011; Engineer 12:00 Selling puts-AAPL example 17:30 Delta 30:50 18-54% yearly; larger account 34:10 Technical analysis 39:00 Covered calls 45:30 Controlling 100 shares using ITM options 48:50 Contrarian view 49:30 45-60 DTE
@Gptraderapp
@Gptraderapp 8 ай бұрын
I learned about trading from Elon Musk, and now I'm making $30,000 a month. 🤑
@eddyevodius
@eddyevodius 8 ай бұрын
Appreciate that
@eddyevodius
@eddyevodius 8 ай бұрын
52:52 Starting capital $5000-$8000, it's recommended $20000 to cope with the miscellaneous broker feez
@EarlineIgel
@EarlineIgel 8 ай бұрын
Yes, that's right.
@EarlineIgel
@EarlineIgel 8 ай бұрын
A question: Can you recommend a good AI for trading?
@nw6091
@nw6091 9 ай бұрын
Selling options premium is the way. You can be wrong about direction, and still make money. Slow and steady is the game.
@mayanaztec6440
@mayanaztec6440 Ай бұрын
You are correct sir.
@purple_mang0
@purple_mang0 5 ай бұрын
thanks! - when everyone isrealy greedy, he puts on less position - when everyone is really afraid, that is when volatility is really high and he puts on more position. less chance that the stock will drop more because a lot of sellers already sold
@LongTu167
@LongTu167 9 ай бұрын
Many thanks Shay for this amazing series of interview videos, very much appreciated!!!
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
My pleasure! More to come!
@thriftyniftyfun
@thriftyniftyfun 8 ай бұрын
thank you! i have been trying to understand this for a looong time!
@CodyYeh
@CodyYeh 7 ай бұрын
Let's go!
@dr.kelvinwashington7420
@dr.kelvinwashington7420 9 ай бұрын
Thank you for this
@MT-qq1rq
@MT-qq1rq 8 ай бұрын
Studying options from books and KZbin videos is one thing but one needs to put it into practice often. The knowledge and skillset will be learned from trial and error and most importantly the losses will teach you many lessons and about yourself. Trading psychology and mindset are to me more important to master first before the technical knowledge. When trades go against you, how do you react, how do you defend your losing position and what are the available options to take. Also equally important is risk management. Manage to keep your losses small so that you can stay and play this game longer and to preserve your capital so you can live to fight another day. In my 2 and half year of trading options fulltime, I have paid a lot of market tuitions and have experienced mental depression because this type of derivative trading instrument is not for the faint of heart. But if this is your passion and you truly enjoy investing and trading, keep working hard at it every day and eventually you will succeed. Remember trading time for money for the rest of your life will not make you a happy and fulfilled person. Learn to have money going to work for you is the way to go in order to get out of the corporate rat race.
@JQUICK21
@JQUICK21 Ай бұрын
How do we react when a trade goes bad? We have our STOP LOSS set and so what's the problem?
@elizabethnegrete7846
@elizabethnegrete7846 8 ай бұрын
I'm a trading novice and eager to learn. Do you have any course or resource suggestions? I'm currently a GPTrader user.
@AlessiaCurt
@AlessiaCurt 8 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $275k to approx $850k
@JQUICK21
@JQUICK21 Ай бұрын
@@AlessiaCurt In other words YOU are an advisor right? LOL
@TreydingStocks
@TreydingStocks 9 ай бұрын
Love getting strategy breakdowns from pod guests like this!
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
🙌
@EnidSe
@EnidSe 8 ай бұрын
Absolutely!
@EnidSe
@EnidSe 8 ай бұрын
You're extraordinary. Success is just around the corner.
@Alphaguyme
@Alphaguyme 8 ай бұрын
Absolutely!
@Alphaguyme
@Alphaguyme 8 ай бұрын
You're extraordinary. Success is just around the corner.
@izuddin1978
@izuddin1978 9 ай бұрын
Thank s for sharing
@hulkhoganwwf
@hulkhoganwwf 8 ай бұрын
Swinging Options works more for my lifestyle more than daytrading. I trade 30 min a day tops. Then go about my day and im good with 5% a month with no stress. Futures trading is what im learning next.
@jaycommonsense2468
@jaycommonsense2468 8 ай бұрын
5 percent crap when you have a small account
@crowdfundcrew
@crowdfundcrew 9 ай бұрын
I haven't considered options yet, but will have to a take a closer look at this. Great guest - will be checking out his videos as well. This guy is just so "chill" - I don't think I can ever be that way with my income until the base is so large it doesn't matter. Donate for a Dream
@CodyYeh
@CodyYeh 7 ай бұрын
You might be on your way but your mentality might be there! Let's go! 👊
@yoginacharya2150
@yoginacharya2150 9 ай бұрын
Thank you for the wonderful episode 🙏
@CodyYeh
@CodyYeh 7 ай бұрын
Cheers! 💪
@paulb6611
@paulb6611 9 ай бұрын
I love this series. This is just the info I was looking for.
@GodwillOkiasi
@GodwillOkiasi 9 ай бұрын
Buzz
@MaaritGripper
@MaaritGripper 8 ай бұрын
Absolutely right!
@MaaritGripper
@MaaritGripper 8 ай бұрын
You're unique. The wait will be well worth it.
@DanielleConaghan-jp3me
@DanielleConaghan-jp3me 8 ай бұрын
Yes, friend!
@AdrianSaaens
@AdrianSaaens 8 ай бұрын
Link :)
@jimmcd5660
@jimmcd5660 9 ай бұрын
Great video thanks shay, I subscribed to you Cody, your cool, I’ve been scared to enter the opinion selling space, but gonna try to get into it. Thanks
@CodyYeh
@CodyYeh 7 ай бұрын
Kudos to you Jim!! 🔥
@BAE-Mars
@BAE-Mars 9 ай бұрын
very informative and taught very nicely (with demo) 😊😊😊😊😊😊
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
Glad you liked it!
@peterkboesjr
@peterkboesjr 5 ай бұрын
Thanks to your content I'm beginning to grasp calls and puts options!! Cheers
@bonzaion21
@bonzaion21 8 ай бұрын
Very interesting, I was looking for something like this. More option trading video plz🎉
@CodyYeh
@CodyYeh 7 ай бұрын
I think Shay is seeing the potential in options as well. Perhaps, there could be a part 2 where I share my set-and-done strategy.
@HustlersSociety-12
@HustlersSociety-12 7 ай бұрын
thank you both for the video i really learned a lot.🙏
@TuanPham-bw6ge
@TuanPham-bw6ge 2 ай бұрын
Thank you very much❤❤❤
@dannyboy8644
@dannyboy8644 9 ай бұрын
Thanks for this video . I am a fairly conservative investor, and I am interested in learning about options . This was fairly easy to follow, and I am seeking passive income . I just subscribed to your channel , I enjoy your content!!! Hopefully you will have more videos for conservative investors 😊😊😊
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
🙌
@importantlookingpirate
@importantlookingpirate 8 ай бұрын
Dont do it. Especially if you are conservatie. Nothing better then Good solid stocks.
@EnidSe
@EnidSe 8 ай бұрын
Absolutely!
@EnidSe
@EnidSe 8 ай бұрын
You're extraordinary. Success is just around the corner.
@2023gainer
@2023gainer 9 ай бұрын
The AI sector stocks Surging to Begin Nov and Fill the Oct Dips. * SOUN.. 9 % Rise.. SoundHound. 42 % Revenue growth 2nd qt with 3rd qt results due Nov 9 th...* PLTR Up 16 %.. Palantir...* GFAI Up 19 %.. Guardforce AI... * BFRG Up 7 %...* CXAI Up 5 % and more. Thumbs Up video / comments... Thanks.
@johnadonis876
@johnadonis876 9 ай бұрын
Shay been dropping! 💎 💪🏾 fire 🔥 video
@CodyYeh
@CodyYeh 7 ай бұрын
Shay is great in asking the right questions for sure!!! ✅
@zinaidakuznecova2875
@zinaidakuznecova2875 8 ай бұрын
Thank you for sharing your strategy for binary options trading with. It's inspiring to hear that you've been able to achieve a daily income of $300 as a beginner. Your success is a testament to the effectiveness of your strategy, and I'm sure it will be helpful to many others who are just starting out in binary options trading. Thank you again for sharing your knowledge, and I hope you continue to see great results!
@AlessiaCurt
@AlessiaCurt 8 ай бұрын
Through closely monitoring the performance of my portfolio, have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently
@wohinmitdemgeld584
@wohinmitdemgeld584 8 ай бұрын
Very well explained!
@CodyYeh
@CodyYeh 7 ай бұрын
Cheers! 💥
@FiruRrr
@FiruRrr 8 ай бұрын
Tnx, Cody
@eduardodiaz997
@eduardodiaz997 9 ай бұрын
Really needed this video. Tks
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
Glad it was helpful!
@CodyYeh
@CodyYeh 7 ай бұрын
Cheers 🔥
@roinek2817
@roinek2817 8 ай бұрын
Great breakdown and explination, cheers Shay/Cody
@CodyYeh
@CodyYeh 7 ай бұрын
Cheers! 💥
@bigal8976
@bigal8976 5 ай бұрын
Best interview yet. Funny, tinder swipe. Got a tiny bit offended that 30min was full time. Not his strategy but a 10% stock move can be a 100% move on option. Like that he uses team approach with advisors, multiple minds.
@ramblingfool9220
@ramblingfool9220 9 ай бұрын
thank you
@Relaxationdefined8609
@Relaxationdefined8609 9 ай бұрын
Just so you know some of your equipment is having feed back. Great interview!
@maxkelter3561
@maxkelter3561 8 ай бұрын
Good to hear these tips from one that has business.
@CodyYeh
@CodyYeh 7 ай бұрын
Glad you enjoyed it! 💪
@petermitchell4523
@petermitchell4523 8 ай бұрын
I like actual demos like this
@joegiordano7278
@joegiordano7278 9 ай бұрын
this guy is great I do exact same stratergy, i sell put option and call option on Australian shares and sell call option on stocks that hit resistence for cash flow
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
amazing
@wei.liang.2023
@wei.liang.2023 8 ай бұрын
Hi thanks for sharing. Which broker you are using for Australian option trading?
@trinaphan4794
@trinaphan4794 5 ай бұрын
Thanks
@ArnoldBabcock
@ArnoldBabcock 8 ай бұрын
Can you do a video on analyzing quarterly and annual statements??
@mikeg329
@mikeg329 7 ай бұрын
I loved this episode so much. Just has been the only trading I e had success in the last few years
@JJ-ix4zr
@JJ-ix4zr 8 ай бұрын
Hi great video , I have a question how doy you validate what other traders say they earn ? Is there someway to see their track record or something ?
@CodyYeh
@CodyYeh 7 ай бұрын
I actually showed Shay my account in person for her to play around before filming this interview.
@alextay2543
@alextay2543 9 ай бұрын
This definitely the next lvl of reverse psychology
@beamerUSA
@beamerUSA 6 ай бұрын
I like this trader.
@user-ew6vh5fx8w
@user-ew6vh5fx8w 9 ай бұрын
Thaks for the intervew video Shay!! I was alos a vfx artist, Canada turend into a trader, lol. very much appreciated!!
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
🙌
@MrJohndo18
@MrJohndo18 8 ай бұрын
Selling options is better than buying in terms of lowering your risk however it comes with a BIG downside. You have to have a large account in order for this to work. This is especially true if you want to be in multiple positions or make enough premium to be worth while. The barrier to entry is much higher than buying when you can do so with a much smaller amount.
@CodyYeh
@CodyYeh 8 ай бұрын
Risk management is always the first thing to master in both selling and buying options.🙂
@JQUICK21
@JQUICK21 Ай бұрын
@@CodyYeh But is he right about needing a LARGE account?
@kenjordan5750
@kenjordan5750 9 ай бұрын
Selling options is a great way to generate enough income to meet my Required Minimum Distribution in my IRA. When a trade goes against me I usually roll out, or run the Wheel strategy if I take the shares. In this past year I made 18% trading 1/3 of my acct. You can also trade options on other investments like commodities, futures, etc.
@CodyYeh
@CodyYeh 7 ай бұрын
Sounds like you have a plan!
@kenjordan5750
@kenjordan5750 7 ай бұрын
@@CodyYeh Options premiums are low at the moment. Not worth the risk. But, already locked in profits for December.
@owningyourfinances
@owningyourfinances 9 ай бұрын
I never trade on margin, or do naked puts, and do not recommend anyone do it, it's risky to be on the hook to pay money you don't have - you would simply owe it. Much better to sell secured puts based on capital you already have, and are willing to put toward those shares. He's right.
@CodyYeh
@CodyYeh 7 ай бұрын
Cheers 👋
@Jaesais
@Jaesais 7 ай бұрын
This looks like it will be 2nd most important video for me (only behind risk management) *dives into the video*
@Scorpio77902
@Scorpio77902 8 ай бұрын
Shae, that was not only a fun little demo, but that was also THE BEST intel/explanation on HOW TO execute this trading strategy. This was great! Just started learning this strategy about 3 weeks ago, this was the most informative. Thank You Shae, Thank You Cody! - BC
@Gptraderapp
@Gptraderapp 8 ай бұрын
I learned about trading from Elon Musk, and now I'm making $30,000 a month. 🤑
@devo5942
@devo5942 8 ай бұрын
Strong opinion if you just learned this strategy 3 weeks ago... Best of luck though 🤙
@user-jl6kl4sq9q
@user-jl6kl4sq9q 8 ай бұрын
May be you can explain this strategy to me. You put down 17000 (in 1 out of 4 cases in his example you will need to execute on that), for almost $200 (lets say you can do this 4 times until you have to execute on the option with his delta, meaning you make 800), and then your money just sit and wait, as long as it takes, potentially for up to a year (if you bought those options in august 2022, for example) or longer. And you have to do this every single time, with a potential for your entire portfolio being locked in an underwater stock.
@RaymondBagwell
@RaymondBagwell 8 ай бұрын
Exactly, my friend.
@RaymondBagwell
@RaymondBagwell 8 ай бұрын
One inquiry: Do you know of any reliable AI for trading purposes?
@wellobviously6632
@wellobviously6632 8 ай бұрын
Thank you @CodiYeh for sharing your wisdom. I'm a day trader ( loosing ) at heart and recently started trading options. I'm enjoying. however, I still don't get the full science.. delta theta, vega ...baby steps but I'm making full efforts to learn
@CodyYeh
@CodyYeh 7 ай бұрын
You are on your way there! Go get it! 🔥
@HN-ol7oz
@HN-ol7oz 7 ай бұрын
I expect it as easy as like Super Simple Songs..lol..great video, thanks.
@kyleg0123
@kyleg0123 5 ай бұрын
Very good interview
@nw6091
@nw6091 9 ай бұрын
Open interest is the number of contracts that have been created between a buyer and a seller and not yet settled.
@CodyYeh
@CodyYeh 7 ай бұрын
Sound about right ✅
@MarvishaN
@MarvishaN 8 ай бұрын
I am very new to the trading scene, watched an almost 2 hour tutorial on how to use the Tradingview but I still don't really get it. I really want to learn how to properly do it and you seem so good at it. I dont understand these charts. Do you ever manage portfolios? I'm interested. I have about $110k set aside to test the financiaI market waters.
@georgeh.5126
@georgeh.5126 8 ай бұрын
The strategies are sometimes seen as rigorous for the regular-Joe. Matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
@josephbush
@josephbush 8 ай бұрын
I assumed I had a hang of the market at first, I gained $49k one year and I was super elated, until I started having losses. But then I stumbled upon a portfolio-advisr whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I nettd a whooping $572K during this dip, that made it clear there's more to the market that we avg joes don't know
@MarvishaN
@MarvishaN 8 ай бұрын
@josephbush That's impressive! I could really use the expertise of this advsors. Please how can i get to your advsor?
@josephbush
@josephbush 8 ай бұрын
The adviser I'm in touch with is “HEATHER LEE LARIONI” for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@MarvishaN
@MarvishaN 8 ай бұрын
@josephbush I Found her online page by searching her full name, I wrote her a mail to schedule a session, hopefully she responds. Thanks a lot
@chuperstar
@chuperstar 7 ай бұрын
Thanks Shay @HumbledTrader for this insightful video! Love the series.
@Debbie.Burton
@Debbie.Burton 8 ай бұрын
I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?
@RickWatson-xu6gw
@RickWatson-xu6gw 8 ай бұрын
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
@benitabussell5053
@benitabussell5053 8 ай бұрын
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@BenTodd-fl8nv
@BenTodd-fl8nv 8 ай бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@benitabussell5053
@benitabussell5053 8 ай бұрын
There are a lot of independent advisors you might look into. But i work with *Kaitlin Rose Sternberg* and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
@Theresaa12
@Theresaa12 8 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@junbalderama
@junbalderama 4 ай бұрын
What is the application they are using in the demo?
@CodyYeh
@CodyYeh 4 ай бұрын
We are using Interactive Brokers(IBKR).
@KBCrochets
@KBCrochets 5 ай бұрын
This is what I’ve been doing and have been consistently making monthly income. Slow and steady ❤
@jerryperwal8569
@jerryperwal8569 9 ай бұрын
gotta say the future sure is bright
@abha801
@abha801 8 ай бұрын
I love the comment about Cashflow problem :)
@CodyYeh
@CodyYeh 7 ай бұрын
Cash flow gives you control!
@roopinderpalsinghrandhawa9846
@roopinderpalsinghrandhawa9846 9 ай бұрын
In this video the super slight background noise like it is done in an ER with the hospital sensors. Please use correct noise cancellation when discussing such a serious topic as people are listening intently. If the noise is introduced intentionally then it is definitely a BAD CHOICE. All in all, a great presentation bar the slight background noise.
@marieweeks3732
@marieweeks3732 24 күн бұрын
Thanks!
@HumbledTraderOfficial
@HumbledTraderOfficial 22 күн бұрын
thanks for watching!
@Cozmik_Trading_Academy
@Cozmik_Trading_Academy 6 ай бұрын
The best strategy by far. took years to figure that out. Wheel Strategy
@poinom
@poinom 9 ай бұрын
This is another great video by Shay. I would really recommend taking a extensive course before you start trading options. I've spent a year learning first, it's a lot different then stock trading. You have to really understand the greeks. Good and informative interview. Thanks once more Shay.
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
Thanks! Definitely been studying it with my extra time
@Gptraderapp
@Gptraderapp 8 ай бұрын
I learned about trading from Elon Musk, and now I'm making $30,000 a month. 🤑
@nelson2504
@nelson2504 8 ай бұрын
@@HumbledTraderOfficial easy money is like wheeling SPY OR QQQ, that's like 20% annual return for sure...the only prob is understanding volume, MACD stuffs and how to analyze and forecast...really wanna find a trustworthy teacher to learn that.....any recommendation?
@Alphaguyme
@Alphaguyme 8 ай бұрын
Absolutely!
@Alphaguyme
@Alphaguyme 8 ай бұрын
You're extraordinary. Success is just around the corner.
@dannyboy8644
@dannyboy8644 9 ай бұрын
I have a question using the apple example from the video. Can you close the position before the strike price and keep the premium? Thanks
@wheel4premium
@wheel4premium 9 ай бұрын
Yes, you can buy to close the position at anytime, but the closer it gets to the strike price the more the position is down and you would take a loss. If it’s truly a stock you want to own it’s better to get assigned the shares and sell covered calls for more premium until the share price recovers.
@CodyYeh
@CodyYeh 9 ай бұрын
You can close the option position anytime you want. The question is if you want to close it at loss or profit. If Apple stock price doesn’t go below the strike price of the option position at expiration of the position, we will keep all the premium at expiration. Hope that helps your question.
@JL_Batman
@JL_Batman 9 ай бұрын
If you sell to open, you can buy it back to close it. You will keep the difference between what you were given and what it costs at the time you "close" it.
@dannyboy8644
@dannyboy8644 9 ай бұрын
Thanks for responding, I truly appreciate your help!@@JL_Batman
@RajKumar-cx4le
@RajKumar-cx4le 9 ай бұрын
option trade💟
@Donna-sears
@Donna-sears 9 ай бұрын
Yes, the difference between the wealthy and the wretched is not all about what they know, but what they do with the knowledge and time. - Nelles Serge
@Donna-sears
@Donna-sears 9 ай бұрын
n e l l 9 s
@JullianLopez455
@JullianLopez455 9 ай бұрын
truthfully, because knowledge profits less than application. I love the 30mins strategy
@YangHeX
@YangHeX 8 ай бұрын
With the free ebook by Nelle Serge, I was able to start earning profitably from daily trades. Technique matters, I agree now.
@tradecoach-si6qd
@tradecoach-si6qd 8 ай бұрын
@@YangHeX perhaps I can get the knowledge too, I need more clarification to improve my profits
@YangHeX
@YangHeX 8 ай бұрын
@@tradecoach-si6qd Nelles Serge sent me a copy. T.e l e.g ram: n e l l 9 s
@bigfootybigfooty832
@bigfootybigfooty832 8 ай бұрын
Sell the option is quite basic skill for day Trader. I am a ES / NQ day trader, sometimes, I use Straddle strategy to cope with side-way market
@MT-qq1rq
@MT-qq1rq 8 ай бұрын
You don't use straddle in a side-way market. You use it when volatility is high with a lot of uncertainty. Iron Condor is one of the strategies used for side-way market.
@fuvjvjchxhc7063
@fuvjvjchxhc7063 8 ай бұрын
​@@MT-qq1rq... and for that reason, we have to be careful what we take away from these comments
@CodyYeh
@CodyYeh 7 ай бұрын
@@MT-qq1rq preach!
@Trademakerz
@Trademakerz 8 ай бұрын
Stay gifted
@SpazzedIN
@SpazzedIN 9 ай бұрын
Shay can you please get Wall street trapper on the show.. Please he does option trading but leap options its a different strategy i think you will like.
@paulng2455
@paulng2455 5 ай бұрын
Hi, Cody. you mentioned briefly "set and done" startegy. Do you have a video taking about this and show how to?
@CodyYeh
@CodyYeh 5 ай бұрын
Search “Cody set and done” on KZbin and you will find the video.
@dedysetiadi2851
@dedysetiadi2851 9 ай бұрын
Finally, my kind of guy. I do the same. Option writer for the win! Theta decay!
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
Awesome 👏
@CodyYeh
@CodyYeh 7 ай бұрын
👊
@NuggetHeads
@NuggetHeads 8 ай бұрын
If you sell options at the wrong time, regardless of what stock it is, you can lose serious money. Especially if you oversize. This strategy requires serious discipline and well thought out stops. Its not easy or risk free.
@CodyYeh
@CodyYeh 8 ай бұрын
Managing risks is always first priority.
@Tha.Black.Profit
@Tha.Black.Profit 9 ай бұрын
38:00 I’m not seeing it on Trading View. “Say Yeh” u say?
@shawnb9193
@shawnb9193 5 ай бұрын
What is the name of his company?
@davidloughty4794
@davidloughty4794 5 ай бұрын
Same as his own name “Cody Yeh”
@kennethyeung7556
@kennethyeung7556 8 ай бұрын
On 31:54, Cody mention the trade size is 5000 on ES / SP500. What does trade size means? 50 contracts?
@CodyYeh
@CodyYeh 8 ай бұрын
It means the minimum capital requirement per trade we are using in our hedge fund strategies is $5000.
@paradise6606
@paradise6606 7 ай бұрын
Do you have a very beginners class like how to use Trading View first?
@CodyYeh
@CodyYeh 7 ай бұрын
For how to use Tradingview, you could search on KZbin for many good tutorials. I do have beginner to master courses to help bring people from zero experience to get consistent profits from options.
@Flieger5000
@Flieger5000 7 ай бұрын
A lot of similarities. I am also an engineer and I trade like him. 30 to 40% a year. Slow, boring, steady...
@ruiutomy1
@ruiutomy1 9 ай бұрын
What Broker platform did you use in that trading options demo? Please////.
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
the one he used was IBKR mobile
@kenjordan5750
@kenjordan5750 8 ай бұрын
Fidelity and Schwab also offer options trading. I use both.
@CodyYeh
@CodyYeh 7 ай бұрын
@@HumbledTraderOfficial That's correct!
@marshalmoyo6798
@marshalmoyo6798 8 ай бұрын
So what TICKER spreads do you trade on the set and done
@CodyYeh
@CodyYeh 8 ай бұрын
E-mini S&P 500 Index Futures, Ticker: ES
@devo5942
@devo5942 8 ай бұрын
@HumbledTrader I'm only 3 mins it but when the guest says the $VIX impacts options prices, I believe he's talking about the IV of any specific option contract... Imo, as I can't imagine the $VIX would have an impact on all options for every optionable stock. For example: a historically low volume small cap with a 25 cent atr wouldn't typically track/trade in conjuction with the $ES therefore wouldn't be affected by the $VIX 🤔🇨🇦💪
@CodyYeh
@CodyYeh 8 ай бұрын
Both VIX and IV impacts options and IV is more localized than VIX. We decided to mention VIX for people to grasp the option concepts more easily.
@skwanlau
@skwanlau 8 ай бұрын
Just about to dig in vix and I found this quick answer, thx.
@devo5942
@devo5942 7 ай бұрын
@@CodyYeh That makes sense, I appreciate your reply & truly enjoyed your story. Success to you in all your endeavors going forward brother, much respect 🙏
@UrgentSnooker
@UrgentSnooker 7 ай бұрын
How to come up with shuper shtock shtrategy
@Ed-ix2vk
@Ed-ix2vk 8 ай бұрын
As anything with options I'll have to watch this 100 times and then forget how it works again tomorrow, I think the best way to learn options is just to keep doing them.
@CodyYeh
@CodyYeh 7 ай бұрын
You bet! 👋
@DarrylHebbes
@DarrylHebbes 3 ай бұрын
Lol that awkward fist bump
@genepozniak
@genepozniak 9 ай бұрын
Do you verify what these people claim their income is? 🤔
@davidc4408
@davidc4408 9 ай бұрын
Exactly I think this guy is BS
@CodyYeh
@CodyYeh 9 ай бұрын
Thanks for asking, my live update and our students’ current update are all ready to be shared anytime if you are interested. Let us know.😊
@mikep5126
@mikep5126 9 ай бұрын
that was very insightful .... My question is, are you now more confident in trying options??
@HumbledTraderOfficial
@HumbledTraderOfficial 8 ай бұрын
Yes I am 👍
@romulovasquez9777
@romulovasquez9777 8 ай бұрын
But options are so risky.
@CodyYeh
@CodyYeh 7 ай бұрын
@@romulovasquez9777 Options could be risky but it's riskier if you don't follow me... jk 😎
@BigWickTraders
@BigWickTraders 9 ай бұрын
I’m gonna stick with trading the charts. Options always sound great and all, but the “too good to be true” senses are going off. I have always felt this way, and I’d rather put my energy into my current strategies.
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
Sure thing! Stick with what’s working 👍
@WilliamParadis-me9re
@WilliamParadis-me9re 8 ай бұрын
Selling options isn’t dangerous. Buying naked calls or puts absolutely is
@miguellara2232
@miguellara2232 8 ай бұрын
The wheel options strategy great strategy
@rickyluu2281
@rickyluu2281 8 ай бұрын
The strategy is sound. What if the covered calls get called on your long term security, buying back the option would be a large premium, which will yield a negative return or let it be called and realized on a long term cap gain tax?
@CodyYeh
@CodyYeh 8 ай бұрын
Usually when covered call is ITM at expiration, we would just let it call the shares away. There are ways to not letting the shares called away and could potentially earn more but it would need a lot more strategical planning and calculations.
@DianRomana-qn9kv
@DianRomana-qn9kv 8 ай бұрын
please review about mini hammer EA. many people talk about this
@Fredostravelblog
@Fredostravelblog 3 ай бұрын
What are you using for trading ? Thanks
@CodyYeh
@CodyYeh 3 ай бұрын
We are using Interactive Brokers(IBKR), and “Cody set and done” on KZbin.
@enigmecatharsis7348
@enigmecatharsis7348 8 ай бұрын
which lots do you use?
@paulojustinianookubo
@paulojustinianookubo 9 ай бұрын
Sure is easy to sell options and collect premium and you don’t have to do anything as is an easy strategy. But wait until the markets has a massive move and your stuck now with having to give those shares or you are losing your shirt off. Selling options is the most dangerous thing you can do. You collect peanuts compare to the liability you put your self in. Do not sell options unless you own the stock or are prepare to own it. Sell vertical spreads as is the best way.
@CodyYeh
@CodyYeh 9 ай бұрын
Vertical spread is one of a great option strategy to lower risk and earn consistent profits if the parameters and strategy combinations are set and used correctly. 👍
@kenjordan5750
@kenjordan5750 8 ай бұрын
Trade dividend paying stocks. Get paid to wait for rebound in stocks, if market dumps.
@Kk-iw4ck
@Kk-iw4ck 8 ай бұрын
Theta baby
@antonioranaudo5515
@antonioranaudo5515 9 ай бұрын
Holy shit when did you get over 1 million subscribers wow ✌️🙏👏👏👍
@HumbledTraderOfficial
@HumbledTraderOfficial 9 ай бұрын
thank you!
@davidanderson7460
@davidanderson7460 9 ай бұрын
I used to buy options never again I only sell them
@RipoffRadar
@RipoffRadar 9 ай бұрын
I love you
@jimriley9697
@jimriley9697 8 ай бұрын
Wow, well I did the opposite and started with 1000 dollars buying calls and puts. Seems to be working out well. Let's you size up much faster.
@nickhsu1798
@nickhsu1798 8 ай бұрын
@Humbledtraders3-Gmail.- How can I get in touch with you?
@CodyYeh
@CodyYeh 7 ай бұрын
I personally know people that has success scaling up small accounts. it could be fruitful. There are just more people washed out during the scaling process because the odds are stacked against you when buying options
@stevenhull5025
@stevenhull5025 9 ай бұрын
Caution: Options is VERY risky.
@MT-qq1rq
@MT-qq1rq 8 ай бұрын
Risky for those who don't know how to use this powerful product.
@Nativehandle
@Nativehandle 4 ай бұрын
Try swaptions.. same thing just they swap your money on brokerage
@brettfrederick6356
@brettfrederick6356 3 ай бұрын
So is driving a car, Until you learn how, then you really start going places.
@pensopheaktra88
@pensopheaktra88 7 ай бұрын
What’s platform do you use for option trade?
@CodyYeh
@CodyYeh 7 ай бұрын
Interactive Brokers
@maexel127
@maexel127 8 ай бұрын
What about selling options is "passiv" ??
@Kimsunmaher
@Kimsunmaher 8 ай бұрын
When can I go on a pod cast
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