Biggest lesson i learnt in 2022 in the trading market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
@fadhshf Жыл бұрын
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@DarendBroksh Жыл бұрын
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
@lowcostfresh2266 Жыл бұрын
@@DarendBroksh Can you leave in details about your investment advisor here? I’m in dire need for one.
@DarendBroksh Жыл бұрын
Firms can be unscrupulous as they prioritise their own commission over your profitability. On the other hand, I prefer working with individual investors like Vivian Carol Gioia, who only take a share from your profits, not your initial capital. I must say, my experience with her has been exceptional thus far.
@leojack9090 Жыл бұрын
@@DarendBroksh Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@ShekyYT Жыл бұрын
Please do a follow up video when the trade moves against you slightly or significantly, and outline how you would manage the trades in those cases.
@jacky2152 Жыл бұрын
I concur. If they r teaching ppl who can guess right 100% of the time, they might as well teaching to write deep ITM contracts
@sethfreudberg4750 Жыл бұрын
Thanks for the feedback Sheky and we will!
@ACR4008 Жыл бұрын
You can’t manage credit spreads without taking on more risk. The management comes from small sizing at opening.
@spy0dteking Жыл бұрын
You always have a reasonable stop loss first of all regardless whatever strategy u trade. And when u have an edge, u will have an even more meaningful perfect sl. At this level, when u lose u know exactly why u lose. It’s not a surprise thus making stopping out more decisive and u dont hesitate freezing like a deer in front of a headlight
@ricomajestic Жыл бұрын
"Pay me $5000" - Seth
@desiexpat79 ай бұрын
Very well explained....certainly worth the small risk ...even if you make 10% a day on 0dte.... THANK YOU
@miskervbhsd86197 ай бұрын
bro 10% a day would make you a millionaire in a year, if you are going for gainss like this expect very high loses as well. Good gains are usually 5-10% PER MONTH. That's actually very good if you can consistently achieve it.
@vincentlowryyoutube24 күн бұрын
Seth, your options videos are top notch. No one covers it as clearly and quickly as you do. I don't often comment on videos, but I just wanted to drop this line in case you see it to thank you for spending the time to make these.
@mrut4911 Жыл бұрын
Great videos. Could you also include a few examples of how to manage them when the market is moving against you…exit strategies to minimize loss. Thanks
@ianLord77 Жыл бұрын
This is a good explanation of the basics however don't be fooled. It is much much more important to have a very solid risk management strategy, especially with 0DTE as the market will absolutely move against your positions more often that you can imagine and you will have very little time to react. You must know what to do in case your positions are attacked BEFORE you open them.
@sethfreudberg4750 Жыл бұрын
@Ianlord, great point and we plan to do videos on how to defend 0 DTE trades for the exact reasons that you are pointing out.
@spy0dteking Жыл бұрын
You always have a reasonable stop loss first of all regardless whatever strategy u trade. And when u have an edge, u will have an even more meaningful perfect sl. At this level, when u lose u know exactly why u lose. It’s not a surprise thus making stopping out more decisive and u dont hesitate freezing like a deer in front of a headlight
@lit35854 ай бұрын
@@spy0dtekinghow do you do set a stop loss when selling options?
@ATLJB86 Жыл бұрын
Credit spreads are good but you need to get direction right… Good luck with that, the way the market has been moving… I do a zero day iron fly. Let price drop early then buy back the call. Market pushes back up then close out the whole thing. Or in reverse if it goes up first. We have volatility so take advantage of it. If you do a credit spread, make sure you take profits on it before price reverses.. Also keep pattern day trading rules in mind if you are under 25k.
@sethfreudberg4750 Жыл бұрын
Great advice all the way around @ATLJB86
@ATLJB86 Жыл бұрын
@@sethfreudberg4750 Thanks
@audiewilkins96489 ай бұрын
@@sethfreudberg4750 so if the trade works in your favor and all options expire worthless, are you saying that if your account is less than the 25k that you are in jeopardy of the :pattern day trade rules"?
@ATLJB863 ай бұрын
@@randythayer8440 yes, and we are in a different situation now called a bear market.. it’s getting hot, put your shorts on!
@ashwinaditi1039 Жыл бұрын
Great explanation , i have been curious for a while, I intend retiring/working much less in 5 years and keen to know best, how people split their pay, how much of it goes into savings, spendings or investments? I earn up to $180K per year, but nothing to show for it yet
@grinjohnson6452 Жыл бұрын
for someone who needs some catch-up, consider the 80/20 model. Needs and wants / Investments
@marcmiller6367 Жыл бұрын
There are a lot of people like this. Im 52 and just getting serious about retirement. Its sad because the time to get serious was 20 years ago or even younger.
@adamweah8037 Жыл бұрын
For me, I'm quite lucky exposed to financial planning at early age, started work at 21 and invested to my 401k through my employer, going forward I purchased first home at 33, unfortunately got laid-off afterwards, amid 2020 covid-outbreak. At once, I hired an advisor to help stay afloat, and as of today, I'm only 25% short of achieving my 7-figure ballpark goal after subsequents investments.
@michelleabraham1732 Жыл бұрын
bravo, this is striking! mind sharing info of the advisor guiding you pleas? i'm in dire need of growing my reserve
@adamweah8037 Жыл бұрын
My advisor is Laura Grace Abels, a renowned figure in portfolio diversity. I recommend researching her further on the web, she's well established with over two decades of experience in her line of work.
@GeminiOneFive Жыл бұрын
It would be more beneficial IMO to see what you do when the trade goes against you. - Thank You.
@Sammag7 Жыл бұрын
Stop out lol always use a stoploss
@sethfreudberg4750 Жыл бұрын
We'll be doing some videos on that exact topic Gemini!
@GeminiOneFive Жыл бұрын
Thank You Seth.... It is amazing how often adjustments are needed even when the 0.1 or 0.2 deltas are selected... 🤣🤣🤣 @@sethfreudberg4750
@spy0dteking Жыл бұрын
You always have a reasonable stop loss first of all regardless whatever strategy u trade. And when u have an edge, u will have an even more meaningful perfect sl. At this level, when u lose u know exactly why u lose. It’s not a surprise thus making stopping out more decisive and u dont hesitate freezing like a deer in front of a headlight
@bohlmandan4 ай бұрын
Will you be assigned shares on SPX even if you hold all the way up to the end of the day and don’t close your position?
@aureliobjm Жыл бұрын
I am very new to the trading scene, watched an almost 2 hour tutorial on how to trade options, but I still don't really get it. I really want to learn how to properly do it and you seem so good at it. Do you ever manage trading accounts? I'm interested. I have about $110k set aside to test the financiaI market waters.
@georgeh.5126 Жыл бұрын
It's not that hard. The strategies are just rigorous for the regular-Joe but are most successfully carried out by pros who have had a great deal of skillset/knowledge
@josephbush Жыл бұрын
Never underestimate the power of trading with the right guidance. I started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financiaI advsor, and even made over $380k in profit alone within just five months of active sessions. Consider exploring that option first
@josephbush Жыл бұрын
@albatkobe 'HEATHER LEE LARIONI' guides me. There are other good FAs online too, if you look around. But for me, Heather's honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI.
@audioface420 Жыл бұрын
What ever you do, don’t put that 110k into a trading account lol. You can lose it so fast it will make you head spin. Start with a cash account, put 1 or 2k in, buy calls and puts, and get familiar with how things work and how the options can make and lose. Work your way up, these strategies need to be used with a margin account and can get advanced. It’s possible but you need to be comfortable with the process
@whydotheathensrage8 ай бұрын
Just start small 5000, if you cant make a profit with 5000, you wont make it with 100 thousand. That holds true for your investment manager.
@artem3766 Жыл бұрын
Great video. Explanations on point. As I understood the strategies correct, you protect yourself by selling and buying puts/calls on ODTE. But the examples was only if that goes in our favor. How high would be profit if it goes against our favor? It would be nice to see a Part 2 video which covers this points.
@sethfreudberg4750 Жыл бұрын
@Artem--we'll be doing some videos on how to deal with trades that go against you so thanks for pointing that out!
@NoelGifford Жыл бұрын
For the credit spread, you're selling the 4505P and buying the 4490P which is a difference of 15 points, and on 1 contract of 100 shares equates to $1500. If SPX closes below 4490 you'd owe $1500, but you received $520 (minus commissions and fees) when opening the trade. Therefore, your max risk is 1500 - 520 = $980 + commissions and fees. BTW, the callout at 3:00 in the video is incorrect. It shows buying the 4390P, but it should be the 4490P.
@马鲁米齐马米Ай бұрын
Thanks for the great work. Have learned a lot from this video. There is a typo at 7:55, Cash Paid Buying 4435 Call, should be 4485 instead of 4435.
@aGr3atD4y4 ай бұрын
This is one of the best channels for stocks trading
@CrazyTrio-i2l Жыл бұрын
I watched all your videos🙏💚 It would be helpful if you included in your videos an explanation of option rolls if the price goes against you🙏
@sethfreudberg4750 Жыл бұрын
@User we plan to do just that. Stay tuned.
@RajPatel-vf7ms3 ай бұрын
"if the price goes against you" - Sorry. They won't explain and they never did for other videos.
@narasimhavempaty3 Жыл бұрын
There is a typo in the Iron Condor slide showing the final tally. The long call strike was shown as 4435 instead of 4485
@MrFabian71417 күн бұрын
This is amazing. So call calendar spreads are definitely a bearish trade? One you can do instead of a call credit spread? I could understand why it’s very important for the short call to expire worthless. But you need to also try and make sure the value of the call is definitely higher than the debit price of the trade? Would it be better to buy a call 3-5 days to expiration? Or even more? I can see how that can add much more extrinsic value to the call.
@KevinChanderpaul11 ай бұрын
scalping SPX 0DTE is the way.
@susiefitzsimmons11473 ай бұрын
I really appreciate your videos. You explain things in a very thorough easily understandable way. Thank you.
@MandoDeLeon Жыл бұрын
Very well explained! Had some great results and also some bad results in my past . So just to make sure the long leg protects a trader from getting assigned as long as the strike stays in between the two legs ? My experiences was with credit spreads by the way
@sethfreudberg4750 Жыл бұрын
Thanks for your kind comments MANDO.
@tedpirsig15411 ай бұрын
You can still get assigned on your short leg, but then in turn you can exercise the long leg. So no, the long leg doesn't protect you from getting assigned, but it minimizes your losses if assigned. (I've sold a lot of credit spreads on equities, but don't have experience with 0DTE on SPY/SPX, etc. -- does assignment even happen on these?)
@thinkholisticwellness8 ай бұрын
Great videos, you get my support. Do you offer or can suggest training or mentoring to fully understand the concepts fully?
@graceh.45759 ай бұрын
Thanks for the education. For the 0-DTE calendar, what if the calendar gets deep in the money and you can't close it at closing bell?
@joepace6089 Жыл бұрын
Hi Seth. Thank you for the video! I have been a SMB student for 1 year and it has been a tremendous investment in my trading future. It looks like the example at 8:22 has a typo. You are buying a call with a lower strike then the one you are selling. Also, the differential between put strikes is 10 points and the differential between call strikes is 40 points. Is the 4435 call actually meant to be a 4485 call? Thank you again!
@Moneychris835 ай бұрын
Yes, they wrote this wrong.
@bobs9277 Жыл бұрын
Just a great video. Particularly like combining this with Seth's earlier Iron condor and how to adjust it when one side gets in trouble. Also, the calendar spread, with the SMB video on trend days can create good returns
@pixstamp Жыл бұрын
Great video. But the premium collected (especially for the credit spread) looks cherry picked (meaning that it was luck or hindsight picking). Usually the premium is much lower.
@sethfreudberg4750 Жыл бұрын
@Pixstamp, we certainly didn't handpick trades for the highest premium by any means. We just picked examples that we thought would illustrate the way the trades work.
@C00ltronix11 ай бұрын
IV is lower now. Less premium.
@nicolasbenson009 Жыл бұрын
I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.
@ScottKindle-bk3hx8 ай бұрын
If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.
@Jersderakerguoe8 ай бұрын
Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
@Jersderakerguoe8 ай бұрын
Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@Miakate-f3l8 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@yeah_right888 ай бұрын
Spend some money on therapy
@JN-gi6bf Жыл бұрын
Iron Condor example: Capital required by Broker is (4475-4435)x100-470=3,530 on calculation slide? Both the spreads Put and Call are actually 10 point. You may want to add a correction note to this video.
@GraceHarris3058 ай бұрын
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
@JanAlston-kd6yl8 ай бұрын
Indeed, many people minimize the significance of advisors until their own feelings burn them out. After a protracted divorce, I needed a boost to keep my firm viable, so a few summers ago, I looked for licensed consultants and found someone with the highest qualifications. My reserve has increased from $275k to $850k thanks to her assistance, even with inflation.
@NoahAnderson30008 ай бұрын
impressive indeed! I'm sincerely eager to derive value from the insights of seasoned advisors, especially given the current condition of my portfolio facing challenges. Could you kindly share the name of the advisor who has been aiding you in navigating these financial complexities?
@JanAlston-kd6yl8 ай бұрын
NYCOLE CHRISTINA VANNATA is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@mchakakolentai25247 ай бұрын
warren buffet used to say ''be greedy when others are fearfull, and be fearfull when others are greedy'' in other words stay away from bull markets invest in bear markets.....by the way are you interested in buying my sportspicks ?
@NothingtoseehereYepnah2 ай бұрын
Take a serious look into the oxford club
@alext72517 ай бұрын
for the calendar spread example, what is not clear is how we are supposed to be able to sell that 1DTE call for 13.55 ? we have to wait for expiration on 0DTE at 4pm so its expired worthless, but then we have to keep 1DTE overnight to be able to sell it and therefore will have to seel it on makret open next day but the price will be different? Or you are suggesting to buy the 0DTE call back at say 3:55pm and also sell 1DTE ?
@starprof5 ай бұрын
I was wondering about that, too.
@truthwillalwaysprevail9 ай бұрын
Good video to show 3 Potential strategies for 0DTE at specific time, and months. For calendar ODTE i believe Long leg must need to be closed before the day end because you don't know what would happen the next day. Am i right?
@oops-nope4 ай бұрын
I appreciate your explanations. Thank you so much for your willingness to educate.
@johnsonra6285 Жыл бұрын
So for that calendar spread, how do you close that position? And can you do it the day before or wait until the next day? I’m new at this but have the basics.
@vickyc3723 Жыл бұрын
I usually try to close out the entire spread as one unit at my desired profit target. If that has not happened by about 3 PM, I will close out the short side for as little as possible and then close out the long side for as much as possible by market close on the same day. Hope that helps.
@DJCoffeeBlack7 ай бұрын
@@vickyc3723 so when you close out the option you sold in the cal spread, your required capital to execute the close will just be the current value of the sold option contract, right? What happens if the stock goes ITM on the sold option contract, do you then have to sell the bought option to get the capital to buy back the option you originally sold?
@shaigluskin12258 ай бұрын
In order for these tutorials to be truly helpful in understanding options trading you would need to run a second scenario for each example you give in which the investor lost money using that strategy.
@bmraish6 ай бұрын
Slide at minute 8:13 is wrong! Buying call should be at 4485 not 4435! It seems to be typo mistake.
@samirehabdillahi347 ай бұрын
yesterday as the market was in red I tried this strategy with call credit spread the probability was 90% chance but I was afraid to place the order
@vfxhouse649911 ай бұрын
Good stuff just so curios ,why not just do the typical selling at 45dte and manage at 50%? Id personally be way to nervous to hold to exp for that full profit, but thats cool some people can handle that!
@tedpirsig15411 ай бұрын
That's a whole other strategy. Why not do both? This is 0DTE.
@teddymoore9938 Жыл бұрын
Thanks guys love your contents and information!👍👏👏
@sethfreudberg4750 Жыл бұрын
Really appreciate the kind comment Teddy. Keep watching and learning!
@KristinPMosher Жыл бұрын
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
@JulietKellyy Жыл бұрын
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
@ThomasChai05 Жыл бұрын
I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
@mikegarvey17 Жыл бұрын
@@ThomasChai05 I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@ThomasChai05 Жыл бұрын
In fact, I'm not sure whether I'm permitted to say this, but I'd suggest searching for *Mary Onita Wier* as she gained a lot of attention in 2017. She is both my coach and the manager of my portfolio.
@DanielMullins053 Жыл бұрын
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, thanks for sharing.
@nicoleharewood10743 ай бұрын
Is there an indicator that might let us know market is range bound for the day?
@Here2CommentАй бұрын
God
@uglahhmane Жыл бұрын
You guys read my mind! Needed this like yesterday!
@sethfreudberg4750 Жыл бұрын
LOL that's great Benjamin, keep watching and learning!
@ntxmike37059 ай бұрын
on a calendar spread what do you do with the option for the next day?
@lopevent3270Ай бұрын
sell it back.
@MandoDeLeon Жыл бұрын
I was using like a 20 delta . Do you recommend a specific delta for short legs ? I was also writing the spreads for an average of 50 contracts on spy .
@Kauffman5788 ай бұрын
I do 20 delta as well
@donotfret11 ай бұрын
I paid $300 dollars for lesser education. Thank you!
@mlkljmh Жыл бұрын
There's a typo in the Iron Condor table, you meant Buying the $4485 Call when you wrote buying the $4435 Call. Great content, tho. I hope to partner with you guys one day!
@charlierobles316 Жыл бұрын
Wow, you just gotta show how smart you are huh
@jasminexthai Жыл бұрын
Thank you for sharing! Great explanation 👏🏼
@sethfreudberg4750 Жыл бұрын
You're welcome Jasmine!
@nwchrista2 ай бұрын
The RISK on 0DTE is that your underlying blows through your strike. Though the option is covered on the backside, the amount you'll lose is SUBSTANTIAL. Profit dependent upon your expertise in picking the direction and the whims of the market. I've removed this strategy from my approach due to the difficulties in getting out unscathed. And I've been damaged severely.
@ChrisPy007 ай бұрын
In your calendar spread, don't you have to close the long next day call BEFORE the close of day? You are betting on a narrow range.
@JN-gi6bf Жыл бұрын
Iron Condor: should you try to close the trade early, say at 50% max profit to improve odds of a win and increase cumlitive average profits?
@Kauffman5788 ай бұрын
Yes
@azamanwar31162 ай бұрын
How do you close the +1 call calendar option? Do you close it at the end of the first day or second day?
@SandstoneCapitalLLC Жыл бұрын
Great vid Seth, but how does the option trader minimize that pesky Theta decay which rapidly eats away his capital on his on 0DTEs?
@Aevykin Жыл бұрын
The trader wants the capital to be eaten away, that's the goal. If it's a credit trade, and the trader pockets the initial proceeds when initiating the trade. The trader hopes all legs in the position will expire worthless by the end of the day. EDIT: If you're talking about the calendar spread, then yes, the next day's long call option will quickly expire, up to the trader to decide if its worth selling at open or holding for a potential intraday rally.
@SandstoneCapitalLLC Жыл бұрын
@@Aevykin Thanks, That was in fact my option strategy (calendar spread) which went not so much in my favor to which you were referring to.
@kennethcrandall8131 Жыл бұрын
Selling the long call at open the next day exposes you to overnight risk, so why bother with calendar spreads?@@Aevykin
@sethfreudberg4750 Жыл бұрын
@Sandstone, actually these strategies TAKE ADVANTAGE OF THAT DECAY. These strategies use DECAY as your friend. Watch it again and I think you'll get that second time around.
@garyc75172 ай бұрын
Profit is either return on capital or return on risk..... where is the analysis of risk for each of these strategies? Why only half the story here?
@yanatomlbb69494 ай бұрын
is there any cut lost for this strategy? Or we simply dn care because we have already define our max risk?
@JN-gi6bf Жыл бұрын
Calendar Spread: Short call expires at end of day automatically. However, long call doesn't. When do you close the long call manually and make sure to no add unnecessary risk to the trade? Or do you close both at the same time manually just before the end of the first day ? Or close the long call the next day?
@tedpirsig15411 ай бұрын
You'd close the long call at the end of the first day, before the market closed, otherwise you'd be exposed to overnight loss. I noticed that he didn't mention that in the video. The short call, being OTM, doesn't need closing -- so save yourself a closing fee.
@DJCoffeeBlack7 ай бұрын
@@tedpirsig154 thanks for the advice! I was wondering about this. What happens if the stock goes ITM on the sold option contract, do you then have to sell the bought option to get the capital to buy back the option you originally sold? Assuming you don't have any capital left over and the buyer of your sold option wants to execute their right to purchase shares. not sure i'm thinking about that correctly - when the buyer of your sold options contract wants to sell the option, do you have to buy it back or does the broker find anyone willing to fulfill it?
@adrijus23902 ай бұрын
I learned these strategies a while ago, but I can't use them because my broker requires an abnormal margin allocation. You mentioned that for this 3:30 0day spread strategy, a broker would require $980, which is reasonable. However, my broker is asking BP of around $50k~, which is nonsensical in terms of profit-to-margin ratio. I'm not sure if I'm missing something regarding this margin thing. Any advice?
@celtekrider2 Жыл бұрын
0 DTE options strategy? GTFO! I can't wait to see this!
@milonhossain91323 ай бұрын
BNB Market Price 528, Sell call 500 strike rec 28.8 prem. Sell 560 Put rec 32.8 prem. Exp day market close 538.80 What will be the PNL outcome ?
@adproproductions203811 ай бұрын
Good content here. thanks
@yoginacharya2150 Жыл бұрын
Thank you for this video 🙏
@bmraish6 ай бұрын
Slide at minute 3:15 is wrong! The buy of the put option in the note mentioned 4390 and in the table 4490!
@rupulstilskin11 ай бұрын
For the Calendar ODTE trade example, the sold call's SPX price closed below the strike price so it was in the money and a profit was made there wasn't it?
@叶枫-b5x Жыл бұрын
I believe this will be a good investment. I currently have 131 ETH and want to invest part of it in order to learn more systematically
@desiexpat79 ай бұрын
Btw would love to take your full online strategy course but the price is really steep. Thanks anyway
@vickyc3723 Жыл бұрын
thank you SO MUCH for this video. I really like the Calendar spread strategy. I tried it today and was profitable, thanks to your video. I love your channel, especially the videos on options, but this by far is one of my top most favorite videos. Thanks again!
@simonwallis17873 ай бұрын
Can options be assigned upto 90 minutes after the market closes?
@RajPatel-vf7ms3 ай бұрын
SPX options are not assigned, they are cash settled based on closing price.
@oliummmАй бұрын
Selling a 0DTE 40 Delta put is way too risky, same with those 30 delta iron condors: the probability of touch is pretty high and once those shorts go in the money the snowball becomes too big too fast for most people to withstand. Maybe go 1 SD, 15 delta? Maybe 20?
@GillerHeston Жыл бұрын
Certainly. Exchange-Traded Funds (ETFs) are popular for long-term investments due to their diversified nature. ETFs offer exposure to a wide range of assets, such as stocks, bonds, or commodities, which can help reduce risk. Some top choices for long-term investing include broad market index ETFs, sector-specific ETFs, and bond ETFs, as they provide potential for growth and income over an extended period while minimizing the risk associated with individual stocks.
@herrickinman930311 ай бұрын
Thank you for this public service announcement.
@rgrim74093 ай бұрын
I missed how the capital requirement was calculated. Or was it just assumed to know?
@syaluuuuu28 ай бұрын
thanks for sharing
@paulstone9755 Жыл бұрын
If you are selling the DTE in the callendar spread why would you need to "buy" another for the next day. The one u sold tofday would expire worthless and game over. You win?
@Aevykin Жыл бұрын
Looks like the second chart is wrong. Initially shows 4505 / 4490 for a 15 point spread, but the next table shows 4385 / 4395 for only a 10 point spread.
@smbcapital Жыл бұрын
Mistake on the slide: Cash Received Selling 4504 Put Cash Paid Buying 4490 Put
@Swing_Edge Жыл бұрын
yea.. i'm sticking to swing trading
@sethfreudberg4750 Жыл бұрын
Yes this doesn't appeal to everyone Swing Edge
@DrubaDub Жыл бұрын
All we can do is dig into the data, make the best decision based on that data, and limit the risk as much as possible... the rest just happens...
@redbotbluebotmappingrobots9669 Жыл бұрын
You have a typo on your slide around 8 mins for the purchased call. Should be the 4485
@sethfreudberg4750 Жыл бұрын
Thank you for pointing that out redbotblue and appreciate your watching!
@TempelritterPilger Жыл бұрын
Hello I joined you through Option Omega and I am interested in 0DTE strategies. But I would like to trade this automated via software, so I don't have to sit in front of the computer. Do you have any special software for this? If so, this is also taught with you?
@roberttarrant7646 Жыл бұрын
On the calander spread, did you hold overnight risk on the remaining long 1dte call ? Or did you exit the entire trade just prior to the close of the cash market on 0 dte day when the short call still has some small amount of extrinsic value ?
@RogerStGermain25255 ай бұрын
Could you tell me why a 0DTE option as it nears end of day and has no intrinsic value still has a premium - albeit small?
@jimharlan73449 ай бұрын
at 03:08 min into the video, shouldn't that say 4490, if I'm reading the screen correctly?
@larrydearabia7 ай бұрын
Why do not you mention the risk associated with this strategies?
@donaldlyons176 ай бұрын
Trades tend to like to avoid talking about problems an risk... But lets be honest people want looks....... views, sub. etc. so being honest is not as likely to gain as much benefits....
@ghahandi Жыл бұрын
Good video,however, the last strategy, the calendar spread, he did not make clear how the trade was closed. The April 16th short call expired worthless, therefore the credit received goes into your account. The April 17th call was valued at $13.35 (x100) or $1335.00. He did not say what happened with this A[ril 17th long call. Did he sell it at market close? It still has one full day until expiration. Anyone?
@tedpirsig15411 ай бұрын
If it was me I'd sell at market close on the first day, to avoid overnight risk.
@maximilianomonterrubio855511 ай бұрын
None of the videos provided by this channel explain the risk involved doing these trades. All the profits are based on perfect scenarios. There's no understanding of the Greeks, the total VaR, not even an example of how much you could lose or how to defend a position. This is clearly click bait to getting you into buying their courses. If you're new to options trading, do not engage in these trades before understanding the risks involved. Options are complex financial instruments, they're not to be taken lightly.
@monkeysown826 ай бұрын
Isn't there a factual error in this video. In the Iron Condor example, 4475 call is selling for more dollars compared to 4435 call. It is always the other way round. Not as rosy as depicted if the correct values are taken.
@jagjithans-j8h6 ай бұрын
What will be the outcome. If the market falls. 0.50. % To. 1 %.
@derekwfrazier Жыл бұрын
Downloaded
@smbcapital Жыл бұрын
SMB Capital Options Workshop: tinyurl.com/bpu23a56 Options Course: kzbin.info/www/bejne/rZClm3mjl9yVj6M SLIDE CORRECTION: Cash Received Selling 4504 Put Cash Paid Buying 4490 Put
@terryneal55695 ай бұрын
What world is a 4435 call less expensive that a 4475 call? One of your slides has a 4435 call, that must supposed be the 4485 call. That is really good premium for summer months when everyone is on vacation and the market is not moving much.
@joeb0078 ай бұрын
I think this video assumes that someone will have the stock to sell puts. Are there any strategies for people with nothing but a $1,000?
@ozlemelih3 ай бұрын
This guy is so smart why doesn't he do it himself?
@s.kyashvi5014 Жыл бұрын
Ok
@Mars215210 ай бұрын
I don't think he mentioned the Iron Butterfly?
@SayamkZaren Жыл бұрын
Hi I'm Chu from Philippines . Too long already I want to learn how to trade but i don't know how to start👔
@enki5420 Жыл бұрын
the sell put spread too close to the spx price.very danger if the spx price decline.
@JohnSmith-ez9dx Жыл бұрын
So what do you do with the second day call on calendar spread? You sell it first day or let it expire,or sell it next day at open?
@whcc3428 Жыл бұрын
You sell it on the first day when the short call expires. That is you close the entire trade on the first day. Remember, the full value of the short call expired on day one leaving the trader with the full amount sold in his account. A partial value of the long call decayed on the first day...(bought for $1850, while end of day value is $1335). The option sold ended with no value so you keep the $1070 premium. The risky thing here is the transaction was executed "at the money" at 10:30am. In today's market volatility, that's asking for trouble if you don't know what you're doing!
@sethfreudberg4750 Жыл бұрын
We normally would close that simultaneously with either closing the short call or at the end of the day (when the short call expires).
@JohnSmith-ez9dx Жыл бұрын
@@sethfreudberg4750 Can you do the opposite with puts? How that trade would look like? Thank you for being so kind.
@BangBang-ec1wr Жыл бұрын
So with these strategies you let them expire?
@victorsteelify Жыл бұрын
Generally when you’re selling calls/puts you’re looking for the. To expire worthless so you don’t have to buy them back in the open market
@sethfreudberg4750 Жыл бұрын
That's not necessarily true BangBang. There are cases you'd close the trade early if you hit your profit target.
@BangBang-ec1wr Жыл бұрын
@@sethfreudberg4750 ok thanks
@satyanarayancl8865 Жыл бұрын
Trading is a luxury game and this game is meant for people who will enjoy their losses as well....if you can enjoy your losses only then come to share market 😂😂😂😂
@ChrisPy007 ай бұрын
There are several errors in your slides. The spread widths are not correct.
@metroplex3k Жыл бұрын
As usual - just painting a rosy picture, no discussion, or example of risks involved - describing you as irresponsible, is being kind.
@cluggyahoo Жыл бұрын
Totally agree
@sethfreudberg4750 Жыл бұрын
@Metroplex, we plan on doing some videos on how to handle trades that go against you.
@johnsaunders45777 ай бұрын
Why don't you guys talk more about the basic options trades. Simple Calls and Puts
@Firemedic2105 Жыл бұрын
What happens if they didn't expire worthless??? I guess that's the downside no one wants to tell you about???
@pixstamp Жыл бұрын
All three strategies are protected which means that the maximum loss is limited by the difference(s) between the option long/short position(s).
@sethfreudberg4750 Жыл бұрын
FIremedic, it's not that, it's that it would be a MUCH longer video to explain the intricacies of those situations. We will be doing more videos on how to repair trades that go against you.
@paradiserelaxation6081 Жыл бұрын
The Calendar spread example makes no sense for me. The calculation is wrong. You have to do the opposite, buy a 0DTE call and Sell a 1DTE call to collect the premium. In this example, the call you bought went to 13,30$ from 18,50$, so you lose money on it. You have to add it to the 780$ you paid to enter the trade and it becomes a lost of 780$+520%= 1300$ !! If you buy the 0DTE call for 10,70$ and sold the 1DTE call for 18,50$, you pocketed the premium for 780$. So, at the end of the day the 0DTE call is worthless ( 10,70 to 0$ ) and your call that you have sold for 18,50$ worth 13,30$ and you buy it to close the day , so you have, 780$-( 18,50-13,30$ ) = 260$ in gain or you can try to wait the next and see if this call will expire worthless too. Am I wrong or what?
@roberttarrant7646 Жыл бұрын
The example is a debit spread, not a credit spread.
@gautamchauhan3727 Жыл бұрын
These are plain vanilla strategies you explained here. In case index moves against our trade we need to adjust accordingly which is very crucial Premium in US market are much more lucrative than here in India.
@rahulanand5842 Жыл бұрын
Less than 1% profit on margin for 0DTE, talk about lucrative.
@Jack-yz8cj Жыл бұрын
i wonder why dont you include example when things dont go your way
@whatsup7184 Жыл бұрын
The demo example shown upon at 17:18 ARE NOT BELONG TO THE TIER ONE LEVEL AT ALL....