If Selling Put Options Is So Great, Why Doesn’t Everyone Do Them?

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thoughts on a new CSP on $SOXL especially if Monday it opens red?

Good advice given in this video. For me selling weekly options worked out best for me as the option decay is at is highest. I use the wheel, strangle, roll out to good effect. What is really nice is the cost of options trading has dropped which makes trading more profitable. What people need to understand is we do is sell time and stocks are the vehicle.

wait till these people discover leaps and calls/puts credit spreads making easy money

I don't know what business school he went to, but I took a class called Options and Contrasts as a Finance Major in my school (B.I. Moody Business School @UL.L).

I can tell you when you sell a PUT with a 20 delta on a weekly call, and you see the ticker drop straight through your strike, and continued to drop another 40% further., it kind of makes you more cautious.

Personally, I hate booking a loss on any option trade. I sold a PUT on UEC with a strike of $18.00 (it was trading for $20.35)
It was a weekly call. It fell to $17.20, so I rolled it out. Over the next two months, it saw a price of $11.85 - I kept rolling it out, and was eventually selling PUT's at a debit. FOUR months later, I was finally able to close it for a $3 profit all-in.

The same thing can happen when you decide to let the shares be assigned to you....The price can fall so low that you cannot sell a call above your entry price and get any premium. Tou wind up having to babysit the trade by selling calls under your actual cost, and then you have to monitor it, and be ready to roll it out and up when the delta gets around 40-45 so you can stay in positive territory.

Options are a great tool, but they should just be an additional tool in your box, and we should not try to use them exclusively. (No method of investing is fool-proof, so we have to diversify our strategies, just as much as out investment vehicles.

Selling CSP's is great until the stock crashes and you are assigned 30% 40% below your entry point. Then you become a bag holder

A PUT is generally cheaper than a call, which means u get paid a bit extra for holding stock and well ng calls instead.

Selling PUTs and CALLs is a good addition to a balanced portfolio.

Very well explained.

i have only started last year in trading options and so far I kept the reporting part to my broker however I am thinking of how to best keep track on my trades in a more comprehensive way (overview). Perhaps some traders can share how they keep track, either from pulling data from downloaded bank sheets or manually sorted by stocks or trades or in one huge overview list ? At this point to me it seems that one report doesnt do it all justice, would like to get some input from more seasoned investors.

Why do 95% of you talk so fast? Is there a contest

The risk isnt picking up stocks/etfs cheap, the risk is opportunity cost. Using the speakers Amazon example, did he make more money selling and rolling all those puts vs just owning the Amazon (assuming they were all cash secured puts sells)? Strong video, thx for posting.

Nice video bro. I only sell puts :)

"I was hooked" says it all. It's an addiction.

i think you need at least 300-400k of collateral to sell puts. That's why I think its unknown to most retail investors especially if have smaller account. So far this year I have an 85% win rate and have been making 1% per week which is great in this bearish market

I sell naked puts for years and it has been very profitable until I sell some IBIT puts recently, boys I lost my shirt, 20k at least, so I recommend do it on very good stocks or etf

Good information but your presentation style is infuriating. Do you really need to constantly say what you’re about to talk about?

The question you who watch this video should be asking yourself is what happens when the market drops 10 or 20% in a day and litterary every put you've sold is ITM?
Then it doesen't matter if you've been making money the last 5 years doing this strategy - You'd be wiped out

I sell in the money puts on down days to capture upside.

Selling cash secured puts don't work if the stock continues to go down....as SOFI bag holders at this moment.

"Selling puts won't get you rich overnight. " It can certainly break you overnight. In that PYPL case, Ouch.

real content.

I’m so glad I found my purpose in this life. I’ve been absolutely cleaning up with options since 2019. My style has evolved since I’m even coming up with my own leg combos now. My CAGR is better than Warren

Cash secured puts makes 200 dol a month with 50-70k cash I’m confused

Wait if I do 185strike Amazon cash secured puts one month out even with 4 contracts which costs 74k! I only make 200dol a month? That can’t. Be what your doing I’m confused ty please reply brother