Growing Your Trading Account Using Options

[@adelinekoh3665]

Very clear. Many thanks!

[@GeneHouse]

Excellent tutorial, clear and concise. Thank you.

[@REALPLSHOWN]

Tony do you believe that trading instructors should share their P&L?

[@sergebrosseau2593]

Great vidéo

[@bhushanpargaonkar6244]

Thanks both of you for sharing this knowledge ❤

[@nongcalirubushe]

Condolences on the loss of your relative 🕊

[@zadokmotorfreight2423]

Very solid video! I'm sorry for your loss

[@moneymentum]

Condolences, bro. Good job holding it together for this.

[@genowilliams8470]

Reverse head and shoulders. On ABT

[@todadaniel400]

do you have the risk of assignment on this strategy?

[@vivianvo1644]

1

[@vivianvo1644]

2

[@Zues64]

Tony, if in this example your max credit is $1.66 for a $5 wide spread, and the rule is to take profits at 50% of this amount, that gives me .83 cents for a winning trade. So, I'm thinking the minimum profit I should go for is $1 on $5 wide credit spread or 60% of max profit. Thoughts?

[@arjunverma8435]

Abbot stocks closed at 110.07 US$ on Dec 29th, 2023.

[@jamesfacada]

No

[@nathanielpaul1992]

But, yes

[@elcat9091]

In the slide on page 20 of 22 of the pdf, it is a little confusing...so you are selling a 120 put at $10 and buying a $100 put at $2 for an $8 credit right? Your stop loss should be at _100% of max gain_, which is $8.00, not $16.00, right? Also, how would you lose $16 on this anyway, the most you can lose is $12 (spread-credit = 20- 8 =12), right? So what exactly is the stop loss rule...exit when you lose the entirety of your credit? ... I would think so, if you are only winning 50% of trades, you can't afford to lose double your credit...

[@rachelr5244]

Hi I agree with you on this. The max loss for the 20 pt trade is only 12 ( if the credit is 8). So the stop loss should be $8 (not $16), the 100% of the max gain in this case.

[@josephsaeteurn9158]

can you help me understand this trade i took? i bought 1 contract on a put credit spread.. i received $90 but my collateral was like $375.. the strike price was coming down to my price and about to go ITM.. i was either have to buy back now or risk losing all my collateral. i take $174 lost to closed and it continues to drop.. im like happy i closed.. next day it went back up and by end of expiration it was OTM.. so had i held i would not lose but the potential to lose all your collateral is the factor i closed.. credit spreads isn't for everyone.. seems like you either hold to lose all collateral or win.. no half/half..

[@g2zeec]

"bought 1 contract on a put credit spread." Do you mean you sold a put spread?