Wow! You go so slow and enunciate every word in a way I can understand and comprehend with example of formulas. Thanks, you do a great job!
@RickOrford4 ай бұрын
Glad it was helpful!
@wilsonsamuel24699 ай бұрын
One of the best explanations for Selling PUT Options.
@RickOrford9 ай бұрын
Thank you! Very, very kind :)
@heidily14449 ай бұрын
This is the best video educated selling put option!!
@RickOrford9 ай бұрын
Thanks for the kind words!
@jayedakhatun2509Ай бұрын
You are a great instructive I actually understood all the things you said with great examples. Thanks have been watching a lot of thing on option but not one as good as you sir!
@RickOrfordАй бұрын
Wow, thank you!
@bmurphy8478 ай бұрын
Rick, Your training videos are great. Very well presented and easy to follow. I would say that your Options Trading videos are the best on KZbin. Thank you. I noticed that you asked another commenter about their favorite part of the video. for all of your videos: I believe that the fact that you cover the how to sell the option, how to select the ticker and the timing, and very importantly, how to adjust your position or close the trade to minimize the loss if the trade goes bad. Too many other videos gloss over the "how to save the trade" part. I think they skip this part as they are trying to sell the viewer on their training program.
@RickOrford8 ай бұрын
Thanks for the kind words. It’s interesting that as you say, many focus on “saving the trade”- If you sell the right options at the onset, saving the trade becomes far less of a thing. If there’s any topics you’d like me to cover, don’t hesitate to let me know!
@bmurphy8478 ай бұрын
@@RickOrford I would like to see a video on how to use and understand the Options Samurai. I am giving it a try, but there are terms and heading I don't understand. Thank you.
@RickOrford6 ай бұрын
Sorry- I just saw this comment now. Stay tuned for later this month- I’ll do an intro to Options Samurai!
@LeeMaggie-v1kАй бұрын
Thanks Rick .. so easy to understand
@RickOrfordАй бұрын
Great to hear!
@franco2k88 ай бұрын
Hey Rick that was a Great Presentation about Put selling , The only thing I would like to add is that one can do a Bull Put spread to reduce the Margin obligation, and with that you would have to sacrifice some of the Premium collected.
@RickOrford8 ай бұрын
Yep, absolutely great point- and it’s one I’ve covered before! That said, I probably should have included it in this video. Noted for the next time!!
@ngodinhdien2 ай бұрын
Thank you for doing the video. It provides me with the basic knowledge that i need
@terifong98163 ай бұрын
Thank you again Rick, I can watch the same video over and over so I can fully understand .
@RickOrford3 ай бұрын
You’re very welcome! Maybe consider joining my community on discord??
@Xplosivedog15 ай бұрын
Good and easy to understand information.
@RickOrford5 ай бұрын
Thank you for that! Here’s a follow up video I think you’ll like: 💥 Exit Strategies In Options Trading | Secure Your Profits & Limit Losses kzbin.info/www/bejne/mXXXZn98jc-kbrM
@SatyaSanathani9 ай бұрын
That was a great video. Thanks for sharing the information.
@RickOrford9 ай бұрын
Thanks for the kind words!
@eg321646 ай бұрын
Great explanation of this options trading method. Very clear and concise. I started selling put options about 2 months ago and have been pleased with my results. After viewing your video, I gained a much better understanding of the process and reinforces and advances my success in continuing to incorporate options trading into my investment activities.
@RickOrford6 ай бұрын
Thanks for the kind words! Keep up the good work!
@eamonhannon11038 ай бұрын
Love it ! Very well presented !
@RickOrford8 ай бұрын
Thank you!!
@amstaylorph6 ай бұрын
Love the clarity you provide.
@RickOrford6 ай бұрын
Thanks!!!
@amstaylorph6 ай бұрын
@@RickOrford You're welcome. I'll be passing your channel along to a couple of my friends. Looking forward to your next video.
@RickOrford6 ай бұрын
@amstaylorph Watch out for it tomorrow or Friday- it’ll be a follow up to the advanced put options video, specifically covering risk.
@amstaylorph6 ай бұрын
@@RickOrford Thank you Rick.
@RickOrford6 ай бұрын
And here it is! 🔥 The Risks of Selling Put Options: Is It Safe & When Should You Do It? kzbin.info/www/bejne/rHfJYoeva955nqc
@lizlemon96325 ай бұрын
Excellent presentation. Thx.
@RickOrford5 ай бұрын
Thank you! Here’s a follow up video I think would be useful: 💥 Exit Strategies In Options Trading | Secure Your Profits & Limit Losses kzbin.info/www/bejne/mXXXZn98jc-kbrM
@JeffHansen573 ай бұрын
All of the examples are with expensive stocks which have a higher premium which sounds great. But you would need to have 20,000-30,000 in capital set aside which not every beginner will have. And of course part of the risk is what you could have done with that idle 20k. All that said it was a very informative video. Would have been nice to see more examples with other expiration dates to see how the premium changes.
@RickOrford3 ай бұрын
Right- so quality stocks are often >$100, so you’ll need at least that * 100 of margin available to sell the option. In terms of how premiums change with expiration dates, look at an option chain for any expiry on any stock. Pick a strike price. Then change the expiry date. You’ll now be able to see the premium change for the same strike. Hope that helps! For more- feel free to join my community on discord!
@allensalamat64026 ай бұрын
Thank you for the info
@RickOrford6 ай бұрын
Thanks for watching!
@RickOrford6 ай бұрын
Any time!
@allensalamat64026 ай бұрын
Hi Rick. Can I reach you out via your email address if I have any questions? Thank you
@RickOrford6 ай бұрын
@allensalamat6402 specific questions should be made here, so that everyone learns. However, if you’re looking for some one on one training, we can certainly discuss it!
@alittlewalkinthewoods3 ай бұрын
Hi Rick, are there any brokerages that pay interest on cash collateral being held when one sells a put (especially for contracts that don't expire for a long time)?
@RickOrford3 ай бұрын
IB most likely!
@terifong98163 ай бұрын
The best professor❤
@RickOrford3 ай бұрын
Too kind :)
@Goldbird6797 ай бұрын
Learned a lot. Time to go sell a PUT.
@RickOrford7 ай бұрын
How’d it work out?
@dannytetreault2 ай бұрын
7:16 the delta for puts are ALWAYS negative…why?
@personalwellnessservices56639 ай бұрын
Thank you.
@RickOrford9 ай бұрын
Thanks for watching! Any particular takeaway that you liked?
@powerfulldavinciinvestment33674 ай бұрын
In your view, prior to earnings report (45days) would it be more profitable to buy a call of a stock ( poised to break up resistance levels) and then sell the call option near ( prior ) to the financial reports when the stock price is sky-rocketing.. ?
@powerfulldavinciinvestment33674 ай бұрын
I like your explaining.
@RickOrford4 ай бұрын
Thanks for your kind words. If you’re expecting a stock to rise, selling a call spread is probably not the best solution. Rather, I’d want to own the stock outright. Barring that, I’d sell a put credit spread instead (bull put).
@Ivabiggun218 күн бұрын
I am curious what is recommended for Put Option sales when you know the stock is going to sink like a rock?
@RickOrford17 күн бұрын
If you don’t have an open position, Don’t sell it in the first place. If the position is already open and the stock is falling, you can close it out, or roll down- or if there’s still lots of time, wait it out… sometimes these things happen. That’s why it’s a best practice to only sell puts on stocks you’d like to own.
@Ivabiggun26 күн бұрын
@@RickOrford - Get it now. Just confused initially. Thanks for taking the time to explain in-depth.
@RickOrford6 күн бұрын
Of course! And don’t hesitate to join the group on discord- lots of q&a’s there!
@terifong98163 ай бұрын
Rick, when selling put the underline security is about to get assigned, do I have to call the broker to get assigned or it’s automatically processed ?
@RickOrford3 ай бұрын
Assignment on short options is an automatic process. You’ll likely be notified should that happen.
@terifong98163 ай бұрын
Appreciate so much!
@flyingtiger22123 ай бұрын
good vid
@RickOrford3 ай бұрын
Thanks! Be sure to check out my discord for more :)
@dannytetreault2 ай бұрын
11:54 is that a LEAPs?
@walterhu38336 ай бұрын
a nice option course! by the way which is better; to let an option expires or buy to close?
@RickOrford6 ай бұрын
Thanks for the kind words. Option that’s expires worthless means you keep all the premium. If you “buy to close”, you’ll give up a little profit, but you’ll crystallize the gain.
@walterhu38336 ай бұрын
@@RickOrford Thanks for the tip, Rick. It is very educational to watch your videos. Keep it up 👍
@anthonyakidi48724 ай бұрын
Thank you
@RickOrford4 ай бұрын
Thank you for watching!
@jonschlottig95846 ай бұрын
I prefer a lower premiums on a 1-2 week timeframe - less risk, more flexibility. Also, making 1% in a week is better than 4% in a month when you factor in the compounding.
@RickOrford6 ай бұрын
Absolutely correct. Greed eventually leads to losses in options trading.
@mistermusic45747 ай бұрын
Super cool lesson. Very useful for a noob like me. Excellent, thanks a lot
@RickOrford7 ай бұрын
You’re very welcome! Was was the biggest takeaway for you?
@mistermusic45747 ай бұрын
the risk of selling puts is lower than that of buying options@@RickOrford
@jimbala29966 ай бұрын
Good explanation
@RickOrford6 ай бұрын
Thanks for liking!
@rajeshmathew79249 ай бұрын
Hi Rick, its a very useful video!. Just a question. Do we read the delta of call options for its worthlessness the same way we do for puts? For calls its a positive value. So if the delta shows .83, does it mean 1-.83 which is 17% chance of worthlessness? Thank you!
@RickOrford8 ай бұрын
Thanks for the kind words and excellent question! To clarify, A -0.2 delta means there’s a ~20% chance it’ll expire in the money (and you’ll be assigned). Conversely, a -0.2 delta means there’s an 80% chance it’ll expire worthless- which is what you want. So, your -0.83 delta put means it’ll likely be assigned.
@haroldsargent9797 ай бұрын
thanks for your help, i got a question i have a fidelity account, selling a put what does break even mean on the trade ticket i don't understand it my sell-to-put call is below the break-even price?
@RickOrford7 ай бұрын
Thanks for watching! You wouldn’t set a break even price on the order. Rather, you’d pick the strike price and initiate a “sell to open” order- and select call/put, the stock, strike price, and expiration. And hope it expires worthless!
@Yt-user650006 ай бұрын
The break even would be how much the underlying security would have to fall to eat up the entire premium you collected. If that happens, you not only forfeit the premium, you will also be assigned the 100 shares at the strike price for which you sold the put. Only sell puts on stocks you’re bullish on, long-term & only sell puts at strike prices you would be ok with paying for the underlying asset. On a positive note, you would be getting the 100 shares at a discount & you could then start selling covered calls and continue to generate income.
@prairiepegger8 ай бұрын
This was helpful to a beginner. I’m now wondering if my bank trading platform has this option
@RickOrford8 ай бұрын
Bank trading platforms are usually very rudimentary platforms for trading options. I’d consider Interactive Brokers instead.
@andrewd96339 ай бұрын
$2290 in 34 days would be a great return. But it’s not worth the risk of being assigned $230,000 worth of Tesla stock.
@RickOrford9 ай бұрын
Right. That’s why we must always weigh the risks. Like, what are the chances TSLA goes to 0? Little. $10? $100? That’s the key.
@u.w.sunitedwestand21177 ай бұрын
Lol right!
@denko444 ай бұрын
That's why everyone weighs the risk for themselves. If it's too much pick a diff stock.
@robotpanda772 ай бұрын
Not to mention you would need to have 230k in your account in cash which if you have that much you could just put it in a money market and make money without even looking at it
@leginjones10 күн бұрын
Math is wrong. 115000 is the right collateral you need
@inanutshellreviews777 ай бұрын
Hi Rick, do you offer one on one course? I have basic knowledge of Options, tried once of live trading and loose money :).
@RickOrford7 ай бұрын
Yep, email me!
@inanutshellreviews777 ай бұрын
did you receive it?
@RickOrford7 ай бұрын
@inanutshellreviews77 nope. Try rick@rickorford.com - will respond Monday!
@jmr25949 ай бұрын
You need more views your videos r good. How long did it take u to learn all this and where did u learn from?
@RickOrford9 ай бұрын
I’ve been investing/trading since ~2001ish…
@Martin-bk3sp7 ай бұрын
Do you have a web page?
@RickOrford7 ай бұрын
yep! rickorford.com
@OneKeyRep6 ай бұрын
finally a full and comprehensive video explaining selling put options❤
@RickOrford6 ай бұрын
Very kind! Check this one out next: 🔥 The Risks of Selling Put Options: Is It Safe & When Should You Do It? kzbin.info/www/bejne/rHfJYoeva955nqc
@OneKeyRep6 ай бұрын
@RickOrford well I watched it too late and now tesla has gone up 6% so I need to move fast 🏃♀️ the only question I have is if I sell a leap put out 12mnths then how do i find out what the cost will be to buy it back later on 🤔 also if I do take profits early, say in July then I just buy to close out and accept whatever the price is then??
@OneKeyRep6 ай бұрын
@RickOrford I'm now watching your call options one to see which I should trade for tesla 😉 puts or calls or can I do both and test to see which gives more gain at the end? or can I see all this data before I try them both??
@RickOrford6 ай бұрын
@OneKeyRep there’s tons of opportunities outside Tesla. Have you looked at rickorford.com/samurai ?? You can find tons of opportunities for income there.
@OneKeyRep6 ай бұрын
@RickOrford as a newbie to options trading which platform would you say is easier to understand and place orders and close them since I'm from the 🇬🇧 UK? webull is commission free but there are a few others that u need to pay I think like tastyworks thinkorswim interactive brokers, pity we have robinhood but no options trading available yet 🫤 I guess the question is which platform allows a trader to automate when they want to exit a trade on % profit taking ie. if I enter a trade and once it reaches 50-60% profits then then it exits my trade for me.
@laughuntilyoucryordie5 ай бұрын
I think IT IS TIME for someone to open the OPTIONS door for smaller investors! There should be the option to buy or sell puts & calls on a 25 shares or 50 shares contract bases, not just on 100 shares! More individuals with less capital in their accounts could then start trading options. There was a day when stock investing was only for the RICH. But someone eventually opened that door to small investors when the opportunity came that allowed lower income individuals the chance to purchase FRACTIONAL shares of stock. This changed the market landscape and brought in more $$ than ever before! Now IT IS TIME to change the options market by opening the door for those smaller investors.🎉