RETIRE EARLY ON JUST $212,000 With The Wheel Strategy on THESE Stocks

[@InvestwithHenry]

Beware many comments below are unfortunately bots and scammers. I won't ask for your money. Other than my link in description please be careful.

[@IMBLESSED-oe6dl]

I don't understand options

[@jfvalejandrino]

You’re awesome. Thank you Henry for showing options on SPY etc.

[@Dan-codes]

Hopefully, they at least get you YT revenue.

[@bettyboyadjian9212]

You are amazing, would love you to assist me to manage my fund, you can email me if possible

[@QargZer]

You can easily block them by removing specific phrases they use especially the crypto they cite

[@benitabussell5053]

It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.

[@A_francis]

It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

[@RickWatson-xu6gw]

Working with an investment adviser is the best strategy for navigating today's stock market, particularly for those approaching retirement. After consulting with a coach, my initial $450K investment has grown to more than $800K since Q2.

[@Eugene-m2v]

I'm worried about my retirement portfolio and could use some guidance. How can I get in touch with your advisor?

[@RickWatson-xu6gw]

Marissa Lynn Babula is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@facemakerable]

Henry : "retirement not how much $$ you save its how effectively your $$ work for you "

[@justinwiebeguitar]

Good.

[@henrybernhard0]

I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area. Thanks so much Charlotte Grace Miller.

[@Arlingtongeorge]

The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

[@HighlightsSerieATIM]

I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.

[@masterotrunks]

I'm new at this, please how can I reach her?

[@anatolyivan]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@henrybernhard0]

she's mostly on Instagrams, using the user name

[@etfeasy]

Just be careful! We are all geniuses in a bull market. When tides goes out we come to know who is swimming naked

[@tdiler12]

Exactly right. These are great sounding strategies but what happens if one of your individual stocks plummet. Back to work you go.

[@---tx9xx]

i suppose that's a good question, how you make the money off selling options in a bear market

[@pablowegwerf7502]

@@---tx9xx Be assured there's a strategy for that!

[@samuelfox8126]

Yep.

[@jaydennguyen-xk1yo]

@@tdiler12with or without options strategies if a stock plummets of course you are going to lose money

[@LiveMore-e1v]

I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.

[@ZoeyBoni]

Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.

[@Endurance-l3r]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.

[@PhilipBeck-h8l]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@Endurance-l3r]

Kimberly Grace Flanagan is the CFA i use and im just putting this out here because you asked.

[@PhilipBeck-h8l]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@Emily-le2op]

Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $250k portfolios. Curious

[@ConradGosling]

Before making any investing decisions, it is advisable that you consult with a qualified financial counsellor.

[@JordanReam8186]

I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $500k in a little over a year, my adviser chooses entry and exit orders.

[@lawrenceHart-ys2ct]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@JordanReam8186]

Sophia Irene Powell is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@JordanReam8186]

Can't divulge much, ‘’Sophia Irene Powell’’ preferably, {you can look up the name on the web, her qualifications speak for itself.

[@MichaelGabreil]

I Believe investors should always put their money in good use, especially next year(2025), we'll start to see more market diversification. I'm hoping to invest at list $750k of my savings in stocks this coming 2025 year. Hope to make good return's in millions this next coming year 2025.

[@MichaelGabreil]

@@EbrahamAljalil I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from Etf's or bonds alone wasn’t enough for me. Despite that, I’ve managed to do well and am on track to retire with around $2 million

[@MichaelGabreil]

@@EbrahamAljalil luck plays a part, especially in the short term. I noticed that when results remain consistent, it indicates something more than just luck. research was the challenge until It led to Julie Ann Lerch, a fund manager. her strategy made sense, it contributed to growing 950k into this and counting

[@richie5930]

Henry so first sell puts to get assigned and then sell covered calls on those shares? So what if sell puts dosent get assigned ? U just keep the premium and keep selling puts until it gets assigned right to do covered calls on them right

[@entertainmentinternational1087]

Yes exactly

[@JCJourney]

yup. you just got the WHEEL in the head. sell puts in good stock is best. you either got the stock for cheaper price or got the premium. it is better to have stocks that you are selling put and stocks that you are selling calls. if will balance it out if the market is down

[@kalyantpv]

@@JCJourney Say you sold put at $100 and got assigned, and stock falls to 80. This will leave you in a mode where you are waiting for it to be above 100 to do covered call sell right? Otherwise, say if you do covered call sell for 85, then you will have to keep rolling over etc. This works if there is good premiums and also if stock keeps going up or at least does not fall down crazy.

[@JCJourney]

@@kalyantpv ya, that is true. you will lose money if sell covered call below $100 and get assigned or you have to keep rolling. that is why Henry suggest not doing that when the stocks are over RSI 40. when the RSI is too high or too low, it is overbought or oversold. if it is a good company and oversold, it has high chance to recover . if you sell put when it is overbought (high RSI) , it has higher chance it will drop and you will hold 100 shares, then the stock keep dropping. it is better to wait for a good and large company to drop and sell put, if assigned , you get 100 shares for cheaper price. if not, you keep premium. if get 100 shares, then you keep selling covered call. sell covered call when the stock is overbought. sell put when the stock is oversold. if you have large account, you can pick 5 to 10 stocks and WHEEL. you can get around 5% a monthly easily. 100K account. that is $5000 a month. if you do it for couple months, that is enough return to cover some of loses.

[@MS-hb9gn]

Yes. You could also sell puts to average out at a lower dollar amount and sell covered calls. So u sold 5 to get assigned at 100 strike. You avg is actually 95. If u sell again and are assigned at 80 but got 5. Then u avg out 95 and 75. Which comes out to 80 if u doubled ur position. Otherwise you could be at 85 or something lower and sell calls on those.

[@Gruelking89]

Is the biggest risk that the share you choose goes down in price sharply over the time you are trading? Therefore the premiums you make don’t outweigh the losses you made on the shares you now own?

[@ST5S5]

Yes. In a situation where that happens, you have a large unrealized loss on your shares and while you can keep selling covered calls you don’t want your shares to be called away below your cost basis which means the premiums you’d be collecting would be very small relative to your unrealized loss. To combat something like this, there are things you can do like using some of the premium gained from selling otm calls to buy atm puts so that if the shares go down, you collect some premium from the calls, but you can make money on those puts. It won’t be enough to necessarily turn a profit relative to the share price depreciation, but if your downside is more limited then it’s easier to turn the position into a profitable one as you continue to sell covered calls

[@sgib199]

You got it. The biggest risk is you can lose a huge portion of your nest egg. Like the other person said, when you get assigned the shares, if the price has gone down too far, you can either sell calls for next to nothing to be able to hold onto the shares, or you can sell calls a little above your new price to get a premium, and then get called out of the stock resulting in a huge loss (you already have the big loss in this scenario whether you realize it or not). You can stay on the wheel if you want, but the "income" means nothing if your capital is eroding. Of course you may be fortunate and not lose money. But at a delta of 30, you'll get assigned often enough and some of them could be painful.

[@vduggir]

Thanks for providing summary every time 👍

[@kushkaptain4205]

I love your advice. No BS just straight and simple info. No fluff

[@OsideTEM]

how do in get information about your 1 on 1 training

[@rychard91]

Your the best hands down! I already finished your classes. Thank you for the knowledge.

[@gjm758]

Thank you for your time and talent!!!

[@InvestwithHenry]

So nice of you

[@junior4984]

MAN THIS GUY ROCKS. HENRY COULD YOU MAKE A SMALL video on how to handle the Tax part of this. Ty

[@cluggyahoo]

Just don't pay them !😅

[@CELIAseavey-jl2jg]

Great information! Thanks Henry!

[@InvestementInfo438]

"Hand over fist ... Bicep over Tricep" 😅 good sense of humor. You are killing it Henry, been watching you since you started. Love that you are giving back to the community and putting out sound actionable content without a pay wall.

[@entertainmentinternational1087]

Love the knowledge...best is taking out a few thousand a week and reinvesting the rest.. if i make 10k+ a week I'll take out 2k a week.. under 10k I'll take out 1k a week , both to pay down the lil bit of debt i have left.... the only problem is getting caught in a correction since its 30 days out..... i like weeklies for that reason...after a certain amount of capital that smaller % is still crazy good

[@CotoYohannes]

Hitting $155k from 14k didn’t happen overnight! I’ve learned that understanding the market is key trading beats holding, especially with all the changes happening right now. Roger Ruz’s insights and personalized guidance opened my eyes to strategies I’d never considered. His signals made spotting opportunities simple. Waiting for big jumps isn’t the way; it’s about consistent, strategic growth.

[@JosVincent11]

Soo interesting, there is a good point in your comment my friend, this is the right time to engage on day trading as especially when seeing Bitcoin maxing 99k rn and im sure by the the month end it will max 100k....

[@Zachyarry]

Wow, it’s inspiring to see how Roger Ruz has influenced your trading journey! I’m curious too where can I find more details about his strategies, and what’s the best way to start learning from him?

[@CotoYohannes]

Why not, you're most welcome tho, this is his official Telegrams

[@CotoYohannes]

@RogerRuz :That's his Handle!

[@Zachyarry]

I'll message him now to get started ✍✍✍... This is truly the moment to dive in and stay ahead of the curve. 👏

[@sidowsidow]

i love the short summary idea

[@terifong9816]

Rewatching,thanks again Henry

[@frankzheng5221]

Sounds good, thnaks Henry

[@Wealth_Builder_Nation]

Always love your info Henry! Would you recommend someone with about 25k to use around 13k for the wheel on Nvidia ? Thinking about trying to scale my account safely with this strategy, thanks!

[@vichart011]

How do you manage when stock drops drastically after assignment. That happened to my with tsla.

[@donnyh3497]

Some people sell another put lower in price and if it keeps going down, they sell another one even lower than that. When tsla finally levels out, you will be able to sell covered calls at the shares that you were assigned at the bottom level, and then as tsla slowly comes back up you can sell CCs on the shares you bought at the next level up and so forth until it comes all the way back and by then you are selling CCs on a bunch of shares that have been DCAed down to an excellent price! Do not run the wheel on stocks that you don't believe in and want to own long-term.

[@Isgood2beKing]

Well , that works if you have a lot of capital , i got assigned tesla December 2023 at 250$ 2 contracts., More than 55000 dollars, then drops all the way to 180$ shares, how i gonna be selling cash secure put, That was all my capital, for buy any dips , matter of fact,i lost all the dips, of tesla, Now im fine. If you have any advice i will love it, cause that was all my capital to do the weel.

[@ST5S5]

@@Isgood2beKingin a situation like that you have to sell puts at a strike price that you feel the downside is limited. You can also choose an underlying stock that wouldn’t use all your capital to buy the shares. Important to be mindful that the more volatile the stock is, the higher the premiums, but also more potential downside so if you choose something less volatile for a wheel position you may be better off

[@Berkayykrl]

How can i search about LIT options what he was just talking about ?

[@georgeleloudis6160]

glade I found your channel can you do a video on Call you back options with a small amount....Thank you for the education and experience you bring here

[@samuelfox8126]

If you're wheelin Tesla and palintir you're leaving lots on the table. Holding the stock is doing best right now. I'm up 180% on my shares i bought in March. I'm up 110% on Palintir i bought like two months ago. MSTR is my money printer on puts

[@metatron1947]

I appreciate you sharing and teaching for free Henry. I wish I had come across you a few years earlier. Not getting any younger...

[@ChristopherGiles-vi8sf]

Thanks Henry.

[@onAN0THRlvl]

i used weeklies to get 13% on gme this month

[@Bewisewithchrist]

I cant sell puts or calls. What do i do?

[@americandreams8200]

Thank you, Henry 👍❤

[@jen_amg]

What do you charge for one on one training?

[@epatruno75]

Your teaching is really cool. Hi from Italy

[@immanueloliver9173]

WE LOVE U HENRY

[@tinaha6273]

Thanks so much for sharing, please make a video for margin account, please do

[@alexryndin125]

But if market goes down then this strategy most likely not gonna work ?just like Tesla or Nvidia often dips

[@jeremyhill-h9e]

I retired at age 53 and am now in my early 60s. Many people resisted me because they couldn't understand the idea of not working if you don't have to. I considered my life to be in phases. I worked very hard to achieve what I have now, but in my last years, I owe it to myself to "stop and smell the roses." After I retired, I left the nation and now reside in Latin America. I was able to enjoy my new surroundings and escape from all the bad things that were going on in America. I haven't yet encountered anyone who laments their retirement.

[@ediencui]

@emilyshao-f6i I definitely share your sentiment about these firms. Finding financial advisors can be a personal choice sometimes, but I work with Elizabeth Louise Greak. She can assist you shape your portfolio and that would be a very creative option

[@kyrenfei]

Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.

[@JudgeMatty]

​@@ediencuielizabeth is a fraudster and will steal your money 😮

[@streetbloodfam]

Can I start with a couple grand? How fast can I scale that? Should I use this strategy?

[@JudgeMatty]

@@streetbloodfam don't do it, you'll get your money stolen

[@cookitketo3592]

Where do you cover itm situations?

[@rohmchris7]

Love your video, 🎉happy holidays

[@InvestwithHenry]

Thank you! You too!

[@sampya1]

Hi Henry, I have subscribed to your channel.why there is only one expiration date starting in Feb 2025?

[@relaxingricky]

Another wheel video and I can't stop watching...... biceps over triceps haaaaaaaa my brother.🤙🍷🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

[@GaloMoralesHerrera]

I only have 30k what I should do ?

[@terifong9816]

Tsla, what’s the strike for covered call

[@MichelleMorar68]

do you do the wheel strategy with dividend stocks?

[@sgib199]

I believe he has said he's done it on Ford before. It pays a good dividend. It has dropped in the last couple weeks, and I'm quite possibly going to be assigned some shares (at a loss) but then I can sell calls if I want to.

[@mr.prestige8967]

some good gems, Henry 🎉

[@lucya5095]

Thanks Henry your the best!❤

[@mariodiaz1644]

Thank You Henry

[@damaddog8065]

Keep at it Henry, this is helping people.

[@juleshuh]

Absolutely amazing,,, am learning everyday

[@milescali]

Question. Is your portfolio retirement money or are you removing funds each year to pay taxes? Thanks for the info.

[@SylviaJoe6]

I feel investors should focus on under-the-radar stocks, considering the current rise of the stock market since trump was pronounced winner of the united state election. 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[@MichaelAD222]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@ArmraJames0]

A lot of folks downplay the role of advlsors 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 licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@ArmraJames0]

Svetlana Sarkisian Chowdhury has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..

[@AlexandraGray-t4]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@aat3tville181]

And this one will end with some scam artist recommendation trust me people just listen to people like Henry here and few others here on KZbin.

[@zofiaskarzynski2031]

Very helpful videos. I have been using this strategy few months before I started watching your videos. I do exactly what you teach and it really works. Its amazing . I have done very very well is safe environment. Sometimes I pinch myself if this is really true.

[@grey6218]

Also what if I do this on QQQ? With my whole portfolio

[@ST5S5]

I think QQQ is a good candidate for the wheel. TQQQ has more volatility and is much cheaper to buy 100 shares of so I’d also look at that so that you don’t have your entire portfolio tied up at once in one asset

[@tjcz3]

Do you teach option on E*Trade? I get so confused.

[@babyshark3294]

thank you for making these videos. I'm an extremely busy man with little to no time. I'll be going through your vids during work to learn the wheel strategy.

[@mariodiaz1644]

You are definitely Henry.

[@HelenaOsinski-h8q]

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks Rolando Diaz....

[@MarisaBeattyI-b6g]

Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....

[@EusebioDooley-m9p]

Yes, the crypto market is really taking off and Bitcoin is in good shape to start trading now

[@AlisonLakin-j5g]

Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...

[@JovanSchneider-w8f]

You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?

[@HelenaOsinski-h8q]

he's mostly on Telegrams using the user...

[@deanholicz5444]

You're soo awesome Henry thank you for all you're doing. What if I'm trying to invest 15K and grow it as fast as possible to 115K then to 230K Then try to do the wheel strategy.

[@sasasa6324]

hi Henry, thanks for your qualify contents. I'd like to ask if RDDT a good stock for wheel trading? Many thanks.

[@mercmanwon]

All is wonderful until something goes South. You never talk about that and it happens and it can easily destroy your account.

[@ThaRealERAQ]

Not selling puts on spy

[@Nathan00at78Uuiu]

What do you think of doing poor man covered call to allow selling covered calls for more contracts than owning the shares and then selling the long call when done trading.

[@terifong9816]

Thanks Henry, how do I participate 1 to 1 couching?

[@polish2x91]

Step 1) buy a couch

[@terifong9816]

@@polish2x91how to buy and how much

[@terifong9816]

@@polish2x91 how much? And where to buy,thanks

[@ssy333kk5]

Wheel is good until stock market crash or your stock price go down sharply. If that happened you will lost a lot.

[@K3Films]

I’ve been wheeling since August of 2024 with about 30k. As of right now I’ve made 12k. I wish I started this years ago. I promise you can make it work folks. Hopefully one day I’ll be at 7 figures but we’ll see!

[@aat3tville181]

Been watching Henry for a while and also the wheel strategy. I really dislike discord and most of the guys like Henry that I follow are all on Discord. I am slowly exiting my realestate holdings and putting 90% into the wheel strategy.

[@tonycavallo9825]

Henry, I have a very small amount just getting started. Would NIO still be a good option to run the wheel on? I know you used to trade NIO options several months ago. Thank

[@PaulAlan21]

$200K in one Stock option, man that can turn south real quick on you if it crashes. Love your videos though.

[@davidpaterson6460]

@investwithHenry When you mention the RSI and the Bollinger bands what time frame are you looking at them?

[@bryanvan9212]

Can you do this with money in a regular IRA and, if so, would the income be tax free until it’s withdrawn?

[@tracer888]

yes, you can trade options and even futures in Schwab IRA, I assume true with Interactive Brokers and Tastytrade as well

[@glennt8687]

Thank you for another informative "wheel strategy" video. I've learned something from each video. I've found that the "wheel strategy" is the best way for me to increase my income each month.

[@sergeyshevchenko3989]

Why you don't tell people what would happen if market fell 20-30% and all your sold puts become assigned? All your 3-5% per month trades based on trading on margin . If market falls margin call guaranteed

[@sgib199]

Even if you aren't trading on margin, the pain of a pullback would be very real. Selling options is also leverage, and leverage is double-edged sword.

[@OSVALDORojo-b2w]

Bro, i bought XAI533K in November after your video. i'm up 379%.

[@henrim9348]

What are your thoughts on wheeling MSTY? Great dividends, excellent premiums. Affordable at $34 per share. I wish it had weekly Options instead of monthly. What will it take for them to switch to weekly Options? Should customers request it? Thought?

[@brucenelson7572]

Thanks Henry .. I'm learning lots from your great videos like this one. 👏🏼👏🏼 One thing I am not clear about .. isn't the 30 day wheel strategy in fact (2) 30 day plays? ?? In the 1st half of this video, it is implied that you can make 2% per month with this strategy. Would this in fact mean roughly 2% gains in 2 months... NOT 1 month? .. Is my thinking correct here, or am I confused? Thank you!

[@brucenelson7572]

@InvestWithHenryC hmm ... not sure about that.. I just tried calling and I got a "this number has been disconected" msg. 🤔

[@InvestwithHenry]

Because that's a fake account pretending to be me man

[@brucenelson7572]

@@InvestwithHenry I figured as much. Sorry you have to deal with crap like that. Thanks again for what you do here!

[@jonathanlubarsky2782]

@@InvestwithHenry Can you answer the question though? The options you were selecting for SPY paid 1% or less for 30+ days. How are you making 1.5-2% a month with them?

[@murray1white]

I added comment on your LEAP options on Spy , Tasty Trade doesn't appear to allow me to use hte Long Leap to sell covered calls , or am I missing something, cheers from NZ

[@nicklang9210]

Can you speak to the tax ramifications of doing this in a taxable account? Thanks

[@DNin210]

Taxed as short term gains. If you lose and then reinvest in same or very similar investment, it produces a disallowed loss.

[@sgib199]

​@@DNin210 Not disallowed, but carries over until the new investment/speculation position is closed. If you are rolling options to another expiration date of strike price, it is NOT a similar instrument and is not subject to wash loss rules, even though it has the same underlying stock.

[@2coolartsmusicmom572]

I cannot join Henry your site says site not available.

[@aurinator]

"So here's the 1-minute summary" 0:39 SPY monthly Wheel with a 27 Delta

[@Hazel66781]

I'm curious why you don't trade using IWM? The ETF is $243 compared to SPY at $603.

[@karenjohnson-k5d]

Great content! On a different topic: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move them to Binance?

[@zuryashgebremariam8507]

Can you teach options for beginners

[@ST5S5]

There’s lots of resources for options basics on YT. Watch those videos to understand basics and come back to these videos

[@sidowsidow]

Why not weekly?

[@billybad1]

Do video on taxes

[@shutengloke5907]

May I know what's your plan when SPY drop 25% like it did back in 2022?

[@rychard91]

Henry plz share more videos that works for plo that are starting on option with small account 5k

[@samanthahew6805]

I LOVE how you dont waste our time and your time. followed and notifications on!!! thank you.

[@jasoneyes01]

Lately Nvidia IV is low unless it’s close to earnings.

[@wellmymind]

This is not risk free. 1) Selling puts can get you stock assigned, no problem with that but if stock goes really low then it can put you in a heavy loss. 2) Covered call: Stock could be taken away and if stock goes up a lot, potentially one could loose all the upside. Nonetheless these two are safest option strategies to make money.

[@kingstev0708]

Love it !

[@InvestwithHenry]

thanks :)

[@austinshum2561]

Hi Henry

[@InvestwithHenry]

hi

[@goldisrealmoney6658]

People don’t have to chase over valued companies. If you know how to actually Valuate companies you will find deals no matter market. I combine my Valuation knowledge with option trading and it’s be working pretty good. I Enjoy your videos, keep them coming.

[@jeremiahslandscapeservices5035]

What’s the discord link?

[@InvestwithHenry]

Please use my link in the description for more info :)

[@wellsHannahh]

Convinced that investing $50k-100k in the right company before it goes big is better than just saving for retirement. But since picking the right company is hard, saving might be safer-who would’ve guessed SPGI? I have $200k in a HYSA and want to invest. What are the best opportunities now?

[@berkanyildirimlar]

Hello Henry, am I missing something? if you don' have the stock, you can't sell Covered Calls (unless naked calls, very risky). If you have the stock, you can't sell put because you used your money (unless you use margin). So this is not combination. By the way, I appreciate your free teaching, learned lots from you.

[@tracer888]

you sell naked puts in stocks you want to own and can afford, then sell covered calls once assigned on those puts. That is the generic definition of the wheel. You can also research "Poor Man's Covered Calls" which uses a LEAP long contract and lets you sell covered calls against that vs the actual stock.

[@ST5S5]

You sell cash secured puts to enter a position and once shares are assigned to you, then you can start selling covered calls

[@berkanyildirimlar]

@@ST5S5 Yes the video I was confused I guess with the dates.Sell put same date with sell call. I do understand the strategy. Best case scenario you get assigned and right after you sell call.

[@ST5S5]

@@berkanyildirimlar when selling a call or a put, choose an expiration date that’s about 30 days out

[@berkanyildirimlar]

@@ST5S5 yes, if stock moves up and you don't get assigned you would not get the cover call because you don't have the 100 shares. I guess what Henry is saying make sure your chance of getting the stock both ways: Wheel strategy higher delta.

[@grey6218]

So if I have a 50k account, would it be wise to run the wheel on SPY only? Like I’d use some margin to sell monthly puts. This would be my whole portfolio though?

[@joshczerpak8669]

I've been learning more about options recently, but haven't actually dipped my toes in the water per say. I was thinking about saving up for 100 shares of Nvidia to start and then going from there on other stocks to acquire 100 shares. Do you think that is a good start? Right now I have about 4k in my Robinhood account. My Robinhood account is really just fun money for me. I have other investments such as a Roth, 401k, emergency fund, etc... just wanted to make sure I was starting right

[@polish2x91]

So what happens when the stock crashes past your put price and u cant even sell a call at your cost basis?

[@purepositivity7404]

Hi Henry, please address this question. I had this exact scenario happen to me with NVDA around September 2024. How would you go about this situation? Thank you very much!

[@ST5S5]

@@purepositivity7404you should be ready for that scenario to happen. You can limit downside buy also selling a bear call spread with the csp’s to reduce your cost basis

[@Crappie_Hunter_Seeker]

Can you tell me how you handle a case where a stock crashes when selling a put. Lets say overnight. Then your basis is much higher than the current stock price. Now I know you said before you just continue selling calls at a lower price and to just ignore your cost basis. Lets say your put was for $50 and the stock dropped to $40 overnight. You get assigned. So lets say it was assigned at $40 and you sell a call for $42. Then the stock blasts off to $50 but there are 20 days left to expiration. Do you try to roll up right away, when it goes in the money, or wait close to expiration to see where the stock settles? Suppose you wait and the stock has gone up even further - lets say $60. Now you would have trouble rolling because you would have to go out so far that it may be impossible unless you want to tie that capital up for years. Lets say you do go ahead and roll out for 2 years maybe, would there be a high chance of assignment? You would then have pretty good loss. What do you do then? Just start over? It could be you have a lost a lot of capital though at that point. Thank you for your videos. I am enjoying them very much and congratulations on your success.