Fantastic video. I do the wheel, and this is an excellent refresher and reminder. I'm 61, and making sure my kids, 26 and 24, do this!!!
@laurenceyeo88903 ай бұрын
I'm new to this strategy. How much capital needed to start the wheel campaign
@choff605723 күн бұрын
lol, my 20 something son introduced me (60+ y/o) to options trading. This is the strategy I've been using. Now I know what to call it.
@jsaturnus3 ай бұрын
Great video, with a good explanation of the wheel strategy. However, no mention of the risks. Play the example with ASML or NVidia, and prepare for a big loss!
@BrotherK-ex2coАй бұрын
Nvidia when it goes south, it can get nasty. It bit me a couple of times this year.
@RolandWingo3 ай бұрын
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.,..
@tinsleyLuna3 ай бұрын
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@VanChuong-on2gh3 ай бұрын
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@Cynthia-mm1cv3 ай бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is
@VanChuong-on2gh3 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with LUCIA ALICIA CRUZ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@Cynthia-mm1cv3 ай бұрын
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
@simong91632 ай бұрын
Great information. Of course, executing this strategy would forgo the capital gain for a large rise in the stock price, so it's best used on more stable "boring" stocks which are less likely to rally up. And as we just saw in the recent rotation into consumer staples, that can sometimes happen even to apparently boring companies (e.g. tobacco). But if you want to have a superior cash flow return from the stock and are willing to cap the capital gains, this method does indeed look superior.
@hl78433 ай бұрын
Do you always take assignment when in the money, or do you sometimes roll the options?
@Ericevans8843 ай бұрын
Great video! I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
@AmeliaPurity3 ай бұрын
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
@CynthiaMaryRose3 ай бұрын
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Katherine Maggie >
@ChrisTunis-yd9zl3 ай бұрын
YES!!! That's exactly her name Katherine Maggie so many people have recommended highly about her and am just starting with her from Brisbane Australia🇭🇲
@GraysonMason7493 ай бұрын
Legend says "If you don't find a way to make money while you sleep, you are fated to die working" and it turned out to be true.
@MichaelJames713 ай бұрын
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
@Dusty.Schneider3 ай бұрын
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
@RyanMaverick93 ай бұрын
You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.
@AveryBrice73 ай бұрын
That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.
@Farayel.Alfie33 ай бұрын
I'm new at this, please how can I reach her?
@RaelynnGrayson33 ай бұрын
I'm happy to see Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.
@DeonLewi.s3 ай бұрын
I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much
@i486DX663 ай бұрын
Works good as long as the stock trades close to the the assignment price. Otherwise, you'll only be collecting pennies while you wait for it to recover or worse, drop back down to your call assignment price. Wheel is ideal for something that has high vol, but trades within a range long term, like oil.
@tjallen1242 ай бұрын
Do you always do monthlies? Do you ever do weeklies?
@DewireGonchoff2213 ай бұрын
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
@limeycloud74733 ай бұрын
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Ann Marie strunk 🙌
@QuentinHufton3 ай бұрын
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
@Michaelfloud23333 ай бұрын
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
@ElveyBoddie3 ай бұрын
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
@Futralhundson3 ай бұрын
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Ann Marie strunk 😊🎉
@investigatorgc3 ай бұрын
@jsaturnus it was not mentioned in this video, but you should only use this strategy on a stock that you would not mind owning. So, if the stock tanks far below your initial strike put sell price, you just keep selling calls at the put price until the stock climbs back up. I believe the stocks you mentioned will climb back up within 30 to 60 days. Happy trading.
@TheJps20073 ай бұрын
My problem is how to manage when trade goes south. Understanding and executing the strategy I don’t have problem at all. I wish I have one of you mentors to help me
@walkingconifer2 ай бұрын
Short term profit is very expensive tax wise
@laurenceyeo88903 ай бұрын
I wanna work under Seth already ❤
@M.John-o6p2 ай бұрын
Great content! Is there a strategy in a bear market?
@MikeMikeFoxtrot3 ай бұрын
I like this strategy.
@truthwillalwaysprevail2 ай бұрын
I guess one need to see if the stock is in uptrend, If you sell put for down trending stock you probably will be stuck with the stock until it uptrend again. You most likely will collect initial Put premium and then possible one Call premium
@BradHelsingАй бұрын
Seth is the dad of options. Hi dad
@ivanhernandezpersonal59493 ай бұрын
❤
@timrogers93983 ай бұрын
I don’t know why someone would buy a stock outright without selling a put near the strike price you want to buy the stock for anyway. Just leaving a lot of money on the table.
@paolomedri67912 ай бұрын
Maybe because I don't want to buy 100 shares?
@timrogers93982 ай бұрын
@@paolomedri6791 good point
@charlieyoung83323 ай бұрын
thanks in advance for the video i do have a newbie question however. Why do some deltas have a negative delta while others will have a positive 20 delta please execuse my grammar
@leoh31383 ай бұрын
Hmm well if buying Calls u will have positive delta and if buying Puts will have negative delta. It's the reverse if selling them. In option chains there are two sides. Call side and Put side.
@AK-qg7mp3 ай бұрын
You should just say the name of the strategy as well so newbies can piece things together with other videos they watch
@BenjaminRooseveltz1r3 ай бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Stewart.
@Shirley.wang23 ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
@Carl.Maynard123 ай бұрын
Katherine Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
@StuartMcIver4683 ай бұрын
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
@mustafaburak11233 ай бұрын
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
@SheilaBarnes263 ай бұрын
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
@Myscentsei3 ай бұрын
I want to RE-start. In 2023 options I went broke. Will watch your vids
@deadondave92513 ай бұрын
I trade through my IRA account. It allows me to sell covered calls & to buy puts (which I won't do). Are there IRA's that allow the wheel technique ? Isn't it worth transferring if you can ?
@balurathanam28683 ай бұрын
Can I speak about my New revolution Strategy in options...low risk and good returns...
@charlieyoung83323 ай бұрын
The reason i ask is i see its a put option thats negative and call positive but i wrote a put option with a positive 20 delta and a positive .09 theta thanks again
@melvinbarnes66523 ай бұрын
Wasn't their also profit in the price increase of the stock? If so, why wasn't that shown on the profit loss worksheet?
@lucoeli3 ай бұрын
Given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Loraine Souvenir for her outstanding proficiency and guidance in these fields.
@meninotraquino3 ай бұрын
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
@Lumen-m1w3 ай бұрын
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
@Mosin-c7b3 ай бұрын
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
@delacay3 ай бұрын
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
@johnavon-n9m3 ай бұрын
The beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
@damaddog80653 ай бұрын
Wow this looks like the option wheel strategy.
@salinascgs3 ай бұрын
So isn't this just the wheel strategy?
@hl78433 ай бұрын
Yes 9:50
@FavBestActionScenesАй бұрын
This strategy works with just about any blue chip. Be cautious as It may not work with Garbage stocks
@JM-wn4bb2 ай бұрын
And what would have happened if the stock kept on going down instead of up?? This strategy works ONLY if the stock keep on rising or going sideways but it is disasterous financially if the stock keep on going downward, What would be your financial cisrcumstances if the stock fell to $90 or below??Lets face it, no one knew in July 2023 where the stock is heading. As the saying goes, hindsight is 20/20, and it is very simple to construct an example knowing where the stock moved. This viseo purpose is simple, to get new investors subscribe to their channel and training. Remember, the traders that really make money in the market will never teach you their secret, and why should they? the ones that canot make money, teach!!