🟢 Make Money With Put Options w/80%+ Success Rate @ 💰 $2k/week

[@RickOrford]

🔥 Join me on Discord: rickorford.com/discord

[@mechannel7046]

10:50 bull put spreads when mkt is bullish, bear call when mkt is bearish q4:30 let spreads expire worthless of wrong direction 16:50 bull put best for moderate increase in prices 17:00 80% chance of expiring OTM

[@medadme1]

please do a video on rolling an options contract when one sells a covered call which goes the wrong way. Thanks!

[@RickOrford]

Ok! Will do!!

[@desiexpat7]

Thanks for sharing the Samurai site and good explanation. More live example trade screen with less face time is more effective.

[@RickOrford]

Thanks for the feedback!

[@PhanOT11]

Great video! Thanks for sharing.

[@RickOrford]

Very kind, thank you!

[@ralstonwhite429]

Thanks Rick for a very insightful and great video. I learnt a lot. Cheers.

[@RickOrford]

Very kind of you to say! If I can recommend, please check this one next: 🚀 How to Select Put Options to Sell: Expert Guide kzbin.info/www/bejne/hn22epaCnatpsNk

[@jimmyeanes8102]

Awesome content!

[@paulscott3836]

You said choose an option with 80% and above chance then chose 60%, but nice clear video anyway..thanks for the explanations

[@RickOrford]

Good catch! Yes, >80% chances is what I like to trade. I think I chose one as well, right?

[@robinbowen6719]

Hello Rick , I love your channel, you are a great teacher. Thank You for making all your videos. I have a few questions. How much money do you think is efficient to make 2,000 a month selling putts? Do you have any classes that you offer that can help me while placing the trade? Do you suggest moving the money from my reg investments account ( fidelity) to another platform like robin hood? Lastly, I have money that needs to be invested. I ultimately want to put the majority of the money in VTI and since I plan on letting that invest for at least 10 years, can you suggest a way to invest once to make the maximum premium ? I really appreciate your input and help. Thank You, Robin Bowen

[@RickOrford]

Thanks for your kind words Robin. Unfortunately, it’s hard to say how much you need to earn 2k a month as it all depends on how much risk you’re willing to take. Each stock, ETF, strike, and expiration all have their own premiums. You could earn 1% if the option expires worthless, or 10%+. So there’s too many factors to say. My best advice is to paper trade first. Learn the system and how it works, then decide for yourself- say after you lost 4-5 trades, how much you’re willing to invest. Ps: we’ve got a community on discord- come join us! Rickorford.com/discord

[@richardculp9517]

Great video 👍

[@RickOrford]

Thanks 👍

[@davidroberts7996]

Wow - I thought you just made Italy videos

[@RickOrford]

The secret is out 😂

[@lizlemon9632]

So what is the average length of time you want to go out on a cash secured “put”?

[@RickOrford]

Better to know your chances of being profitable. That said, a few weeks at least! Thanks for watching!

[@rayrodger]

Can you please create a video on selling a put, you then get assigned, and the stock descends rapidly. I sold 1 $230 Albemarle put, it was assigned to me in out-of-hours trading. Very quickly the stock descended. Now the stock is $122.60 [16 November 2023]. How do I rescue this position?. Kind regards, Ray.

[@RickOrford]

👍 stay tuned!

[@daimu7971]

Sell calls against your shares as long as you have at least 100 shares

[@RickOrford]

@daimu7971 Absolutely! Here’s how: kzbin.info/www/bejne/mn7Pf2hvashpgM0

[@darkpool906]

How much capital do you need to commit to get $2k/ week without leverage?

[@RickOrford]

Depends on volatility! When markets are going down, maybe $20k margin is enough.

[@raincitygrill]

I have found that $25,000 is a good start. It grows quickly, but patience is everything when you begin playing this game. @@RickOrford

[@rebeccarodriguez6662]

Hi! If I bought 24 shares of stock, and I have to close, I will have to close selling the 24 option?

[@RickOrford]

Hi! If you’re selling a cash secured put, and you’re assigned, you’ll be buying 100 shares of the underlying times the number of contracts sold. Of course, you can close out your CSP using a buy to close order- on the same underlying, strike and expiration. Have a look at this video about exits! m.kzbin.info/www/bejne/mXXXZn98jc-kbrM

[@mechannel7046]

One recommendation: if you want more views of your videos, show more of the graphs and graphics, less of your face. People don't like staring at the host's face for too long

[@WarriorMindset339]

He's got 19,000 subscribers. You've got? I think he's doing it right.

[@RickOrford]

Hah- thanks :) I think the op wants $