Ive been a tasty trader for 4 years now. This is an EXCELLENT presentation - as are all of Mike's White Board presentations! Thanks!
@christophertaylor31504 жыл бұрын
I am learning a lot from Mike's whiteboard. I have even been rolling some naked puts for credit as I lower the strike price.
@FluxMD3 жыл бұрын
Mike and Tom are the best. I like naked, I don't like spreads
@jimmyvergakis48665 жыл бұрын
Amazing video.. I'll definitely use your strategy to roll a naked option .very easy to understand the way your teaching. Thanks
@AFLive3 жыл бұрын
One day I will Understand all this, I'm claiming !
@nickkilen52733 жыл бұрын
Can you make a video talking about how much buying power this takes up? I'd really like to sell naked options and I have a margin account on TW but it seems like it is unhappy with me and the information online is limited/not consistent with what TW is telling me.
@bluesky55872 жыл бұрын
thank you Mike ..outstanding
@lowlimitpokerchallenge35393 жыл бұрын
Great video. How does your brokerage determine how many calls you are allowed to sell? What’s the margin requirement, or how is the margin requirement figured out?
@tastyliveshow3 жыл бұрын
Typically 20-25% of the strike price is the margin requirement
@matthewjamesarguile73557 жыл бұрын
It just eats up sooo much buying power.
@tastyliveshow7 жыл бұрын
In margin accounts there is more relief, but in an IRA account this is true. In any case, we can always buy far out wings for a few pennies to define our risk and likely reduce buying power.
@Nirmalkumar-hc3hp2 жыл бұрын
The best thing about market is you can justify everything you do. . . What about the day where market goes completely against you....and what about the circuit days then what....... your years of profit is going to the drain....always be prepared so when time comes your response will be automatic.
@bethsanders81346 жыл бұрын
Love your videos
@DLP111114 жыл бұрын
Shoud we sell put ITM or OTM, either side how far from ATM? Without having knowledge n experience I hv sold PUT in ITM quite far from ATM. Its been a week there's no volume n movement in premium its same since I sold. But stock is trading above strike price.. whats gonna happen if it never touches strike price until expiry? Please advice. Thanks
@Kraiden4 жыл бұрын
You really shouldn't be selling puts without experience. I don't even sell make options because I don't yet know how to profitably hedge my risk. In your case, you like sold an option with little to no volume. If I'm not mistaken, since you sold your put, you received a credit. That credit will remain yours and the option will expire worthless(which is want you want when you are SELLING puts).
@jaysonp94263 жыл бұрын
I think my brain only woke up when you said naked
@ChaceBonanno7 жыл бұрын
Great video
@banginzaza Жыл бұрын
Naked options all the way!
@joeybtheman19063 жыл бұрын
he looks like the guy from inthemoney
@nana-bj8fe3 жыл бұрын
He actually said its his brother!
@zerototalenergy1504 жыл бұрын
percent return is always much higher with bullput spread than a naked put...
@tastyliveshow4 жыл бұрын
Correct, but max loss is realized at a much higher %, and management opportunity is very low. Much more of a binary static trade compared to a short put which is very dynamic.
@zerototalenergy1504 жыл бұрын
@@tastyliveshow thanks !
@singh21894 жыл бұрын
Good
@LLLLL2634 жыл бұрын
Guys I need help with this being explained to me any resources.
@creepjohnson30224 жыл бұрын
Buy lowwwww sell highhhhhh
@mattranum4 жыл бұрын
Yeah but the capital that is used is massive
@nanaprt614 жыл бұрын
is the presenter the same guy who owns option alpha? They look a lot alike.
@RussellD113 жыл бұрын
I actually prefer United....Delta sucks
@SPER13 жыл бұрын
I fly United.. (Well.. Used to fly) Pretty often, and it's such a treat whenever I get to fly Delta.
@DELPHIIII3 жыл бұрын
Those facial ticks are really distracting..but damn he's handsome
@humbertorenderos43543 жыл бұрын
one benefit of buying options: if you play it right, you never have to pay taxes again.
@rochester33 жыл бұрын
how is this posibble
@headlibrarian19963 жыл бұрын
@@rochester3 I believe Humberto is implying that you will always lose money in that case.
@MmC-vn1mf3 жыл бұрын
Hmmmm ........ *Sells 9999 naked puts on Tesla at $600 strike price expiring in a day *
@clanhojo744 жыл бұрын
selling naked is very risky.
@kishanpatel11194 жыл бұрын
explain why
@edwashingtoniii98984 жыл бұрын
Yes I also want to understand. It seems easier because you don't need the underlying stocks
@Hollapainy04 жыл бұрын
@@edwashingtoniii9898 So if you were selling a naked call at a 20$ strike price, and the stock goes above that 20$ strike, you will have to purchase the 100 shares at a higher price than you sold them for. So if you sold for 20$, but stock goes up to 25$, you have to buy 100 shares at 25$ and sell them to the buyer for 20$.