You are the most honest and trueful guy in sharing your tip and trick. Thank kelvin.
@yyobbigmmama3 жыл бұрын
Thanks for the candid sharing, and also being the MVP for sharing your spreadsheet!
@rapala19823 жыл бұрын
this is an extremely good video kelvin, i have recommended your channel to my close colleagues as it shows a good progression in your investment journey which is very layman to newbies. same same, i got burnt initially for options trading too..experience is what makes us wiser.
@MomentOfMagic3 жыл бұрын
brilliant video!! I've started doing the option wheel strategy as well after learning about it from your videos, it's not crazy gains but it's a great source of extra income even just at 1% return per week. I have yet to try out rolling options but does seem like it could be useful. Thanks for sharing your journey so all of us can learn together :)
@eco2hk7743 жыл бұрын
1% return is actually a lot of money if you manage to make 1% return every week for 52 weeks consecutively
@mikey.12052 жыл бұрын
"just" 1% per week hahaha. Annualised, those returns are better than Warren Buffett
@swethanarayanan3 жыл бұрын
Thank you Kelvin! What you are doing is amazing - being transparent and learning together!
@suelii863 жыл бұрын
Kelvin thank you for all your videos!! i have learned so much from you. Can you please show us how to roll options in the different platforms (moo moo, tiger and IB)? Thank you!!!
@holypunk122 жыл бұрын
Only IB among these 3 has it I guess..
@NicoleBernadette2 жыл бұрын
Oh my, great suggestion🙏🏼 I just started exploring investing and would love to hear more about how to get started on these platforms too
@karthiv49772 жыл бұрын
Thanks your spreadsheet helped me to calculate P/L for options.. :)
@iamlynn19843 жыл бұрын
Thanks Kelvin for having this video and sharing your tracking template. I find it really easy to understand and it provided me much insights to option trading!
@willie39113 жыл бұрын
Hi Kevin. Thanks for the sharing. This episode is very useful.
@Wira83 жыл бұрын
thanks for the google sheet template. helps to keep track of my option trading !
@jayetng81773 жыл бұрын
I love your humour and video contents!
@Jinsh03 жыл бұрын
Superb video.. Probably one of the most useful one.. Also, I plan to ask for the spreadsheet, but you already share it at the end.. Nice..
@KelvinLearnsInvesting3 жыл бұрын
Huat ahh
@Cozmik_Trading_Academy2 жыл бұрын
Thanks Kelvin for the google doc. Ive been trading for a while learning every different strategy. I have learned that often you lose money learning. Now that i have done pretty much all of the techniques i truely believe that Selling Options is just about the best one. The issue for those with small accounts is the low ROI. But it is still the most consistent and best for a slow growing portfolio. I never touch my long-term portfolio but I am thinking of selling options because I can leverage the larger amount to buy more shares. Its all ETF dividend paying.
@royliuhm3 жыл бұрын
Bro, I appreciate your work ethic and video style. Sibeh good sial.
@KelvinLearnsInvesting3 жыл бұрын
Ahh... Thanks :)
@skycheong12213 жыл бұрын
Thanks to you i've started selling put option on TQQQ, MARA, SENS and UPST - Awesome!
@seabreeze6672 жыл бұрын
Possible to show us how to use Tigers Brokers to do Options??
@jiazhenpang80342 жыл бұрын
Thanks Kelvin for the info, can you share your current portfolio with us? 😊
@KimSangS3 жыл бұрын
Hi Kevin, would you consider open a course/webinar about how to buy/sell options? I'm sure there are other people like me who are new to trading will be happy to pay to attend the course.
@ibrahim434063 жыл бұрын
You can learn through the channel Option Alpha. No point paying for something you can learn for free
@youngday77 Жыл бұрын
Hi Kelvin, do you mind making an video to update how your option journey is doing now? Will be great to hear some learning from you on your journey. Thanks!
@cheungallan6896 Жыл бұрын
Make sense. But not all the platform can trade option
@TiOnGY2 жыл бұрын
Hi kelvin are u able to do a video on how much cash/total asset amount i need to maintain for margin when trading options? Thanks!
@heeroena2 жыл бұрын
Hi Kelvin, Love your videos. Which broker do you use for options trading?
@videohut44452 жыл бұрын
Good video. I'm a beginner at options trading. Do u have any videos that show beginners how to place calls and put trades step by step? This would be very helpful to beginners like me.
@18180DanielL Жыл бұрын
what is the total capital used for the 20k profit over 10 months?
@andreandree43843 жыл бұрын
Thks for sharing. Note that CSP is good for stock that doesn't keep falling otherwise you will incur losses that could be important if the prices go down below your cost basis. Similarly, CC is not suitable for stocks that keep going up, your profits will be capped. These two strategies are perfect for stocks that move in ranges!..
@jk35260 Жыл бұрын
There really is no easy lunch. Stocks that move within ranges will usually fetch significantly lower premiums.
@boluckkid2 жыл бұрын
Have you ever consider selling a call and put option on a same stock over a same expiration date? E.g Stock A is currently priced at $100. Suppose I sell a put option of $105 that will expire in a week’s time, along will a call option of $95 that will expire in the same period. If by the end of the week, the stock price is at $102 (or $98), neither the put option buyer will not force us to sell our stock at $105, nor the call option buyer will force us to buy the stock at $95. I’m still in the process of learning options so there might be something which I’m missing out on. I just thought that this might be a little too good to be true.
@user-ln2th5nq1g2 жыл бұрын
If the stock price is at 102, put option buyer will sell you at 105, hence you lose 3. Call option holder will buy at 95, hence you lose 7.
@elanjelian2 жыл бұрын
Hi Kelvin - Thanks for sharing your strategy with us. Two questions: 1) How are the premiums taxed? Are they treated like a capital gain, and thus not taxed for non-residents? 2) Have you tried to set both put and covered call options for the same stock at the same time? Thanks.
@narm42 жыл бұрын
Just got to know about Nio recently, did my homework and bought their stock. Hope they manage to do well in futures.
@narm42 жыл бұрын
What? 😅
@kendrickcan39192 жыл бұрын
Hi Kelvin, how does margins actually work? How would I know how much margins will I have and what is considered as 'safe' or 'unsafe' margin? I do have some stocks and also options and sometimes when I already have a few options, I cannot buy more shares because some or the money is 'stuck' in the options. So how do I know what is considered safe margin? Able to do a video on margin?
@miguelteran-raful27182 жыл бұрын
Can you do an update on selling options? How are you doing with today's market!
@thumbodyelse213 жыл бұрын
back in July I started a new strategy with my put options. I'm writing puts at 1% per week return. It sucks when a stock runs up and then I'm required to look for another stock to collect the next weeks 1%.
@olarius6503 жыл бұрын
Do you use TA or FA to analyze the underlying when it comes to option trading?
@pixelmasque2 жыл бұрын
Nice insight into the process
@waikiankhoo87462 жыл бұрын
Kelvin can i ask u a question, If u own 100shares of a stock, then if you sell call options of the stock, will the trading platform still needs you to have huge amount of buying power in that account to do so? Because I know that if i dont have the stock, usually i will need to have alot of buying power in that account to sell naked options.
@emoworlds3 жыл бұрын
Thanks master Kelvin! Been following your wheel strategy and raking in passive income. Really thankful ✌🏻
@KelvinLearnsInvesting3 жыл бұрын
Wow congrats!
@neoyikhao3 жыл бұрын
How tho
@neoyikhao3 жыл бұрын
Any specific video for complete beginner?
@henrytay33023 жыл бұрын
Hi Kelvin, Thank you for your videos and sharing your knowledge. I find the rolling option strategy interesting and like to learn more. Could you show how to do it?
@KelvinLearnsInvesting3 жыл бұрын
Sure sure, js pm me in discord
@Miko-jv9nw3 жыл бұрын
Hi Kelvin. This is interesting. Could you show me how you do it too?
@iamallison85593 жыл бұрын
Thank you for your video, it’s help people like me no experience in trading option understand better..
@iamallison85593 жыл бұрын
How can I able trade option in IB?
@junyaohan78953 жыл бұрын
I started in May doing mthly after learning from kelvin n chicken genius. so far so good. on avg 1k. i say do on stocks u dont mind to hold. also close early if can take profit(?)
@p6h142 жыл бұрын
Hi Jun Yao, thank you for sharing. I'm just starting. May I know how often u trade? Do u have high capital and sell multiple contracts?
@icelemontea54022 жыл бұрын
Thanks Kevin, would you be able to go abit 1. do you sell on monthly or weekly? 2. when do you start to do rolling?
@Rayster1979 Жыл бұрын
Hi Kelvin, can U do an updated video on how you are doing with the options trading?
@KelvinLearnsInvesting Жыл бұрын
Sure
@youtubet3e4163 жыл бұрын
Hi Kelvin , make a tutorial on how to do rolling on ibkr? Because it seems that rolling is very important on wheel strategy. This can become a lifesaver . Thanks
@winslowwong97193 жыл бұрын
There’s a roll function on IBKR
@youtubet3e4163 жыл бұрын
It’s best to learn from Kelvin master himself. And also I wonder can I roll a sell put option?
@adrianchan69772 жыл бұрын
Kelvin _ can you do a video on where we can buying option for crypto . Thanks
@augustinebenedict99552 жыл бұрын
Hi can I download Yr spread sheet . A link pls Kelvin
@Godai_Chen3 жыл бұрын
sell call and put with margin are dangerous, need to be protected by iron condor, Kelvin can do it as he is in millionaire status soon
@clarenceng96663 жыл бұрын
Nice take on it. I also play abit of option here and there. What is your take on the best option stock to play now? Abit worried if the next coming weeks market might sell off as it does as it approaches end of the year
@KelvinLearnsInvesting3 жыл бұрын
Hmm... i think it's really any stock that you like to own. For me it's NIO, Tsla, Sq
@sky3012893 жыл бұрын
Great video! What happens if you sell a put option and at expiry it is OTM, do you still need to buy it back or just leave it?
@sky3012893 жыл бұрын
Now I know, it will be worthless and removed at expiry
@mindislife2 жыл бұрын
What platform / broker do you use to trade options? Any website you recommend?
@patriciatay2432 жыл бұрын
Kelvin, am I correct to say that interactive brokers is the ONLY trading platform in Singapore that allows for different types of option trading strategies like iron condor ? AND can Singaporeans use USA option trading platforms like tastyworks ? Many thanks in advance
@saladbar90533 жыл бұрын
I'm also doing it. But just be wary that if the market crash, you will end up (1) having a lot of ITM puts, (2) rolling over at a bad return and (3) forced to keep a large sum of money to upkeep your margin.
@geno7598 Жыл бұрын
Hey Kelvin! Enjoy your videos, however , as a newbie wanting to start trading could you give me some advice what i should do or start first? As the internet has over flow of information, quite overwhelming 😅
@tamildummy3928 Жыл бұрын
hi kevin , can you share the out come of this wheel strategy 2022 and 2023
@loklok12442 жыл бұрын
take ur profit when it reaches 50% when u sell put. then sell a put at a higher strike price and then repeat
@watchLov2 жыл бұрын
Can I learn from you ?
@DaveD01213 жыл бұрын
I used to do wheel as well but I stopped recently becoz if the price of the stock is high, eg SQ TLSA, it will cost too much margin my tiny account cannot afford. But if the stock is cheap
@DaveD01213 жыл бұрын
As for stocks in 100-200 range and I’m long term bullish on, I would open ITM leap call and do PMCC hahaha, but for Tesla I can only afford to do spreads hahaha
@CalebSeah3 жыл бұрын
Synthetic is good. but need to know when to close it otherwise, if it goes against you. you'll see similar losses too!
@brandonlee53702 жыл бұрын
Hi kelvin, are you still selling C.call for Riot? Has that help to further lower your BE price? Thanks for explaining the wheel strat.
@jaydoubleyouisme3 жыл бұрын
Thank you senpai. If you were to sell monthly options at the same strike as your weekly, chances of it getting ITM is not low as there is more time for stocks like TSLA to do so, ie 20% increase in a week unlikely but in a month not unlikely. Maybe stay consistent with the delta of 0.1 too for monthly? I believe it would be further OTM.
@KelvinLearnsInvesting3 жыл бұрын
Yup, in a way, there's higher chance to hit. That's why i lower than 0.1 for safety
@fishphage27623 жыл бұрын
but the premium are too low for such low delta
@tankh5663 жыл бұрын
u mentioned that u do a sell put to buy back the share is ur option been called away. But the seller can chose not to sell you since ur sell put is not an obligation.
@mrretired27152 жыл бұрын
can you do a video of options in a bear market as we are in now mate.
@LegendMythicRider2 жыл бұрын
Kelvin is now bankrupt as all the sell put got exercised ;)
@sakthiiti-ii530 Жыл бұрын
you cracked me up with that animation
@melvynong97552 жыл бұрын
Is the premium from selling call or put (US Option) subject to tax in US or Singapore?
@jonathanyeo99562 жыл бұрын
Kelvin, which trading platform you use? Do you use same platform for both legs of your Wheel strategy? 1. Sell Cash Put 2.Sell Covered Call
@KelvinLearnsInvesting2 жыл бұрын
I use ibkr. Yup same platform
@wongjunjie61313 жыл бұрын
can you make videos giving your opinion about chinese companies such as tencent, alibaba or didi?
@kamaazlan12 жыл бұрын
Thanks Kelvin. Are those premium income taxable? If so how do you calculate for that?
@ashwin9112 жыл бұрын
Hi Kelvin great videos, keep up the good work! I was wondering what brokerage you use? I use Saxo and unfortunately it does not allow selling options on higher risk stocks like AMC.
@KelvinLearnsInvesting2 жыл бұрын
I use ibkr
@kramnat79tan79 Жыл бұрын
Does Moomoo support covered call option stetagy? Thanks Kelvin Bro!
@roystonwong88733 жыл бұрын
hello! can you explain how rolling the optios nwork?
@maxmax-ki3ej3 жыл бұрын
does it mean we need to stand by 80K USD in case sell PUT hit the strike price?
@prmasia2 жыл бұрын
Kelvin, how do u learn all this option trading on ur own? If I want to learn step by step, where can i learn from? tq
@VzuallStudio2 жыл бұрын
Have u heard of crypto option? how do u compare this 2 ?
@houboon10013 жыл бұрын
Kelvin, which platform you are using for the option trading?
@arunnoor3 жыл бұрын
Hey Kelvin ! Can you make a video on taxes in Singapore how to save taxes and do we have capital gain tax here in Singapore ? 😊
@KelvinLearnsInvesting3 жыл бұрын
Ah taxes, lemme try to plan it. Luckily there's no capital gains tax here in sg
@chiyoimonoyama3 жыл бұрын
Put into SRS account.
@arunnoor3 жыл бұрын
Even insurance can reduce taxes
@mjwkelvin3 жыл бұрын
Hi Kelvin ... Kelvin here. :) How do you go about on stock selection on the cover calls and cash covered puts ? Any companies u will avoid or shortlist ?
@liweiwong9591 Жыл бұрын
Hi Kelvin, could u do a video on selling cash covered put and covered call using webull?
@KelvinLearnsInvesting Жыл бұрын
Soon soon!
@kokhengyap3 жыл бұрын
I make $1k per day day trading indices cfd but it's very emotional draining
@yyk6643 жыл бұрын
Thanks Kelvin, may I know what broker you are using?
@KelvinLearnsInvesting3 жыл бұрын
I use ibkr
@marcuschua7823 жыл бұрын
Hi Kelvin, Can I check if u trade Iron Butterfly strategy?? Can you do a video on this strategy to see if it works on Option trading. How will u trade this strategy. Thanks :)
@666xexk3 жыл бұрын
Thanks for sharing. I noticed u sold tesla call option up to 4 quantity on the same date. Does it mean u need to own at least 400 tesla shares or u sell call on margin ? If sell on margin may i know how many tesla shares i need to own before i can sell call option on tesla.
@kokleongchia84793 жыл бұрын
hi, #1 if you roll the option to avoid buy or sell the stock, how would u record them in your spreadsheet? #2 did you try to roll option in IB? if yes, how is it done? thanks
@slamz093 жыл бұрын
Hi Kelvin, what is the best strategy to grow a small account using options? Im using IBKR as well and i noticed when selling credit put spreads, collateral is same as a naked put. Can you suggest any other strategy with low collateral so we can maximize leverage per dollar? Btw your videos are very educational. Keep up the good work you are helping a lot people!
@dannygooey3 жыл бұрын
Great video. I am starting to learn options. May I know what platform you use to do options trading? Does Tiger allow selling covered calls? Thanks 🙏
@KelvinLearnsInvesting3 жыл бұрын
I use ibkr. From what i heard, Tiger allows cc now, but i didn't verify it myself
@indigoNine3 жыл бұрын
@@KelvinLearnsInvesting Hi, is it possible to do a step-by-step video on how to buy & sell options on IBKR? thanks!
@vivienlim21903 жыл бұрын
I would like to know too.
@dannygooey3 жыл бұрын
That will be great showing how to do Options in IBKR!👍🏻 By the way, do we always let the Sell Put expires or can close early? Thanks 🙏
@KelvinLearnsInvesting3 жыл бұрын
@@indigoNine @Vivien Lim Here you go kzbin.info/www/bejne/bomakp98hK-Yi68
@springabreaka79083 жыл бұрын
How much time do you use per week on either strategy and which broker you use? Thnaks
@老黄-n6d2 жыл бұрын
Hi Kelvin, so far I only see u sell call and sell put, did u buy a call or buy a put? Which one u more recommended ? Thanks
@KelvinLearnsInvesting2 жыл бұрын
I don't really buy call or put. For buying i prefer to just buy stocks instead
@evaedu86516 ай бұрын
What capital amount do we need to earn $ 4500 per month using options?
@trendgeneration90053 жыл бұрын
Hi Kelvin how much portfolio u have to generate such options income
@boonkai23282 жыл бұрын
Hi Kelvin, could you explain the importance of Delta, Implied volatility? is it advisable to sell put options ITM? because I realised that my put options did not get exercise when it reached the strike price. I was confused.
@user-nv5kq2qb9p3 жыл бұрын
May I know which platform are you using to trade options? I've heard that tiger brokers does not do covered calls and cash covered puts
@jason566673 жыл бұрын
not sure what he uses but his screen shares are tiger. moomoo allows csp and cc if requested. hope this helps
@YongShunLee3 жыл бұрын
He is using ibkr
@nkjnssalesco88612 жыл бұрын
Thank you!
@Balkumarghale2 жыл бұрын
I like to learn more about cal,n put......
@darrenlp5603 жыл бұрын
Hello kel! I got a question.i tried to do sell put on nio last month but I wanna ask how much money must I have because inside I was holding Tesla stocks & palantir, before the market closes for the day it will auto close my position on palantir & Tesla stock. What should I do?
@takashinzy3 жыл бұрын
Something not right, when u got assigned the PUT, you bought 100x shares so you should only have "debit" column written, why was there a "debit" amount? Example, row4 &5 on BAC, weren't there just money SPENT to pay for those shares and thus bigger loss than just $50? Thanks in advance...
@KashArtsKitchen2 жыл бұрын
Ty for the tips bro you are awesome. May i ask after the option expires do u need to close the trade ? Also when you sell a put option for example are you paid immediately or only after the option is closed or expired. I realise you could close the option halfway and still make a profit sometimes
@KelvinLearnsInvesting2 жыл бұрын
If the option expires no need to close. When sell will immediately receive the money.
@tankh5662 жыл бұрын
For lead option, do we need to manually exerciser the Buy option to cancel off the sell option trade in TOS ?
@rantg2 жыл бұрын
what?? 8:03 ? what you mean "sell puts to get stock back" ?? your stocks got called, you sell them, that is it, how selling puts give you your stocks back ?
@fongheenkitaloka28003 жыл бұрын
What do you mean by roll? What are the steps to rolling?
@strongstrengthtv3 жыл бұрын
Which strategy to use on options profit calculator to make money(at predicting the range/ the most noob friendly method to earn money?)
@DanJRW3 жыл бұрын
Hi Kelvin! Thanks for being willing share your portfolio so openly, I think it's really informative for people like me who don't have a any understanding of options. However, would it not have been better to just place your money in an etf? You would have reaped the profits without having to constantly monitor the market. For example the Vanguard 500 Index Fund ETF (VOO) returned 35% profit in the same time frame in your video.
@bokslandart66495 ай бұрын
Morning bro & everyone, Selling the options need to prepare the amount required to purchase the stocks ? When sell options, the premium will be credited into the account immediately or when we close the position?
@KelvinLearnsInvesting5 ай бұрын
When sell, it will be credited immediately. You will be to prepare the amount required
@cbcfcsk2 жыл бұрын
Hi Kelvin, have been watching your videos and learning from u. Thank you for your selfless sharing. May i know whether we need to pay US taxes on the premium collected for selling the options?
@KelvinLearnsInvesting2 жыл бұрын
Don't have to :D
@bindua1802 жыл бұрын
@@KelvinLearnsInvesting is option trading legal ?
@user-ln2th5nq1g2 жыл бұрын
Hi Kelvin, can you explain why you mentioned a simple buy-and-hold strategy can earn better returns than selling options? Especially when your options selling approach has a 27% return.
@KashArtsKitchen2 жыл бұрын
Growth stocks will outperform options anyday in a bullish market. Long term dollar cost averaging is basically bread and butter.
@KashArtsKitchen2 жыл бұрын
Look as it like if u bought tesla at 200. And you had 100 stocks. Your profits is easily 300% vs 27% in a long run.
@dennisle46983 жыл бұрын
How did you learn how to do this? Any videos or book?
@kkvictorng27073 жыл бұрын
you can learn from his videos on various options strategies. Cash covered put and coverd calls.