Smashing the like button is good luck ;) You can schedule a call and discuss following my trades and also coaching with me. calendly.com/invest-with-henry/option-income-academy

@naveediqbal4830

Жыл бұрын

Hey brother do you give out your phone number? Because I made comment i wanna learn and phone number was provided on the comment area. Please clear this out am I getting scammed by someone?

@MrRickyy88

Жыл бұрын

Did I make an appointment with you already?

@charlestaub6804

Жыл бұрын

If you make $100 and maximum loss is $400, that is not a 25% return. You would then need forur winners to make up for your loss.

@deepee3689

Жыл бұрын

Your awesome in explaining thank you

@buensomeritano1755

10 ай бұрын

@InvestwithHenry When you say "credit" and "debit" spread, call, or put, are you referring "buy" vs "sell" calls and puts, and which are you referring to for "credit" and debit"?

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

@ritalorrigan

11 ай бұрын

One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.

@LukeMcfarlane5

11 ай бұрын

It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.

@KevinClarke9

11 ай бұрын

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@ScottArmstrong12

11 ай бұрын

@@KevinClarke9 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

@KevinClarke9

11 ай бұрын

@@ScottArmstrong12 My advisor is Dawn Maureen Humphrey she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

I had two "click" moments on this video. #1 paying attention to the top or bottom of the Bollinger band in how you set up your option. #2 it finally cut through some confusion between buying and selling calls. Buying a call, you benefit if it goes up. Selling a call, you benefit if it goes does. I thought of the options as two train engines pointed up and down. When one gets weak according to stock price, it's pulling the other one. The second benefit may be the loophole by selling a call that is not covered but using the spread to reduce your bottom line. I wasn't sure if your sold call was covered here. It has helped me a lot to immediately imagine an ARROW POINTING up or down the minute you mention "Sell Call" (Benefit going down), "Buy Call" (Benefit going up), "Sell Put" (Benefit going up), "Buy Put" (Benefit going down). I can imagine the box that forms around these arrows and how it shows a profit zone from one or the other option on the spread. I hope that helps some people. I'm a visual learner.

This was a lot of information and I need to watch a few times but this has been one of the best vids ive seen on credit spreads. Thank you for the detailed explanation.

Id like to see more on being able to protect my small upcoming portfolio. Maybe more vids on explaining hedging and ways to use hedging strategies that’s if there is such a thing, with (multiple) ways of hedging since there are multiple option strategies and I’m probably showing how much of a newbie, I am. ❤ But I love hearing how Henry teaches his passion on options 😊

THANK YOU for the great explanation. I love trading put credit spreads!!

Thank you! very much for your videos. I'm trying to get this to soak in. This will help me make enough to live without stress. Greg

I like your presentation s, Henry. You speak so clearly and explains everything so good..

Thank you for explaining. it's very helpful as a new option trader.

Fantastic video. So much information presented quickly and clearly. Thanks!

I love your comments on bolinger bands. I use 2 bolinger bands. 20,1 and 20,3. this forms a 3 way highway. as long as the stock is in the fast lane or upper lane, I keep the stock.. if it goes into the middle lane, I consider selling, but if it goes in the slow lane I sell it. you have a great idea to use 1 bolinger band as an upper and lower limit to determine how high or how low in general a stock will go .. what a great idea to set up an option spread. I use a horizontal price volume now.. but now I have two ways to do this.. thanks a bunch

Wow. This really clarified a lot for me. Thank you.

Hey, what did you do on DOCU? Got assigned? Closed at a loss or rolled over?

I really appreciate the high level you talk at. I also used to be a geneticist so liked the genetic reference

This video was fire information thank you! I will start studying about this more very interesting!

I learned alot of information from this video. Thank you I appreciate it.

Appreciate the vid!

Henry, I love your vids.

Great info!!! Thank you!

nice strategy...uncle henry 😊😊😊 Thanks again for sharing 👍 👍 👍

Do you have a bull call spread video?

Could you please cover the leaps if it's OK with you or just attach older video you have covered? I truly understand by the way you teach.

Excellent presentation!

Great video I appreciate all the free knowledge you are sharing 👍

To be honest, I was a bit uncomfortable with this video at first (It is tough to see someone working so hard and risking soo much to earn so little) until you stroke me at min 9:20, the statistics/psychology of people losing money when buying options AND at the Casino... After you said that, from questioning mode, I immediately changed to listening/student mode... Cant debate your point, you are definitely right. Thanks for this great video.... One question, I understand Robinhood is really cool and easy when it comes to deal options but aren't you concerned or scared to have sooo much money with them? After the scandal they had with hedge funds and other people getting outrageous errors with debts... I left RH because one day I was showing a typo of -$37K on an option.... They recognized the mistake, I never looked back afterwards

Can you recommend which company's to have a practice account

@InvestwithHenry Thank you for all you do! I am brand new to this and learned a TON from you. I watched 10+ hours worth of videos before stumbling upon your channel, but your videos are the ones that helped me to understand the best. With AMC announcing it is going to sell an additional 40 million new shares, is this a good time to go in and sell puts with the goal of getting paid to own shares long term? If so, what kind of theta range should we be operating in with the stock dropping so rapidly? I have a very small account of $2000 that I am currently operating with and looking to grow big-time. My thoughts are that this AMC announcement may be a good way to start. Looking forward to hearing your thoughts. Maybe even do a video on this situation and put it in your small accounts playlist? Thanks again! Additionally, on the flip side, how would you operate with covered calls in this situation?

Best analogy for Bollinger bands I've ever heard!

Do you do live trades? If I join your discord or group, can I do credit spreads with a FT job? I am on the west coast and mostly work remotely.

Thank you

Hi Henry! Thank you for the video, it was really useful and clear. I'm into TSLA and would like to hear your thoughts. TSLA earnings is upcoming and I'm thinking of buying call for TSLA as I'm bullish. Thinking of doing a LEAP which your videos suggested to lower the risk. What do you think?

You explain things very well! Smart kid. Thanks.

@InvestwithHenry

Жыл бұрын

Thanks for watching!

How much % would you use in spreads in a small portfolio?

Is not much better to do out of money credit spreads that expire same week since they expire worthless faster than 2-3 week ones who can change based on stock price in later weeks?

I was looking at my Robinhood account and it won’t let me buy more than one option and says I have to place separate orders

How does gamma effect my weekly credit spreads ?

wait, do u let a put credit spread expire if the price has kept going up away from the strike price?

@Jojo-tq5pt

4 ай бұрын

You could just let them expire worthless if they are above your strike price but it’s not worth the risk I would just buy it back for a couple bucks 1 day or same day of expiration

Isnt there a bot for trading - to close out an option before it goes into a "loss" ?

The spread strategy only requires small amount however, the platform doesn't give permission to trade this strategy having $2k account. What set up am I going to use? DO I need to ask approval from TWS?

I like watching the numbers flicker up and down. 😊

In order to do credit spread, does your acct have to be on margin? My cash acct won't allow credit spread. Please advise.

@sarimraza824

Жыл бұрын

Yea needs to be margin, just in case your put goes ITM so you have enough capital to buy the underlying stock at that price

@86753091974

Жыл бұрын

​@Sarim Raza ya but doesn't make sense to need margin with a spread because the long offsets the risk.

@benjnse

Жыл бұрын

@@86753091974 Yeah it does, in fact I really wish more people would cover the "hidden" risks of "defined risk" option trades like debit and credit spreads (where both options expire the same date). The problem is if you don't close out of the options you sold prior to expiration then on the day of expiration, the "defined risk" strategy actually goes to an "undefined risk" strategy. On the day of expiration you don't know yet whether or not you were assigned on the option you sold, meanwhile the option you bought to define the risk expires. So essentially after the close on expiration day you actually have a naked short option position open. There's also the risk that going into expiration the stock could be halted not allowing you to close the options you sold, which puts you right back into the above risk. Only way of managing that risk would be to trade some type of diagonal or calendar spread rather than a straight up spread.

@86753091974

Жыл бұрын

@@benjnse thx. Good call about being safer with a diagonal

Hi Henry the period in the bollinger bands is 20 days which is equivalent to 20 business/ 1 month?

This is a wonderful video. I can’t believe it’s free on KZread. Thank you so much. This was extremely helpful

@InvestwithHenry

Жыл бұрын

You're so welcome!

Thanks 🙏

@InvestwithHenry

Жыл бұрын

You’re welcome 😊

I like this video Henry. When you set up your spread how many days out do you go? And when do you take profit? These are my main doubt when trading spreads. Thank you

@akcezz2011

Жыл бұрын

I only watch his videos and I’m not an expert but he usually does two weeks to a month out but he emphasizes that it’s entirely up to you.

Hey dude, BABA ended under 83 so your 10 83 puts ended in the money. You either got assigned or rolled over or closed your position at a loss. What was it?

@DailyTvz

4 ай бұрын

He prob took profit at 10-30% or rolled over

Hey Henry, loved watching your videos. Since you mentioned about Bollinger Bands and Standard Deviations, may i suggest you do a separate video on how to use these tools to come up with a strike price/expiration date for which ever option strategies used? That would be interesting.

How do I attend your Monday and Wednesday sessions? Do I need a link from you?

@InvestwithHenry

Жыл бұрын

calendly.com/invest-with-henry/option-income-academy

Hey Henry I was doing good trading spreads but robinhood always sells my position at 12:30 of expiration day and doesn’t let my spread I’m selling expire worthless?

@benjapolcycling

Жыл бұрын

I guess you are in Pacific time zone. Keep rolling your position. always close position or roll before expiration is better overall. Case study on after market big move and option assignment that could screwed you up big time, in just few point spread is scary.

@paulmellmann4890

Жыл бұрын

Robinhood calls it risk management and they have done it to me to. I noticed when it is same day expiration they do it. Try weekly and go farther out on the spread like a 20 delta has been safe with qqq in my experience.

Is it possible to roll credit spreads?

@InvestwithHenry

Жыл бұрын

Yes it is

In a credit spread you need to own the shares? or you only need to have enough money in the account to offset the max loss of the credit spread?

@johnathanmanning302

Жыл бұрын

The latter. You would only need to own the shares if you are selling a naked call. And you need enough money in your account for 100 shares of a stock to sell a naked put

So first, great videos!! Im struggling with your bollinger band explanation; I am under the impression the bollingerband is a lagging/historical indicator, so instead of projecting out 20 periods, it is tracking the previous 20 periods. Also the price staying inside the bollingerbands for pretty much the entire chart is deceiving; EXAMPLE: AAPL 1/11/23 upper bolli is 142.36; 20 periods later @ 1/31/23 the price is 144.29… The price is still within the bolli bands at this point, but it’s outside the upper bolli 20 periods earlier.

@drakehamilton

Жыл бұрын

Please correct me if I am wrong, I’m not trying to be rude. Your explanation has helped me understand bolli bands better than I did previously, because I was only using it to predict volatility when the bands tighten. I like your strategy trading spreads around the upper and lower bolli, but I think you might have better success if you are trading the opposite bolli from where price is currently: more specifically , if price is trending toward lower bolli or even hugging the lower bolli then trade some bearish spreads around the upper bolli and vice versa

@spydamark

Жыл бұрын

@Drake Hamilton try trading with just price action and just support and restiance. No indicators just a clean chart for a month I bet you'll do even better.

@Brigadorsky

8 ай бұрын

​@@spydamarkBollinger Bands are a form of support and resistance trading.

I love how every video I hear you meantion that you worked for Goldman Sacks😂 it’s hilarious 🤣

Where can we follow your trades?

@InvestwithHenry

Жыл бұрын

Hey! Sure you can schedule a call and discuss following my trades and also coaching with me. calendly.com/invest-with-henry/option-income-academy

Great video as usual. Do you ever close the contract before expiration?

@InvestwithHenry

Жыл бұрын

Yes I do! It depends though and I mentioned in the middle of the video that I usually don't unless it hits the 2 criteria I mentioned

@whatatwist274

Жыл бұрын

​@@InvestwithHenrywhat were the criteria? I couldn't make them out.

I did paper trades with spreads and did pretty good but when I went to start trading I found I couldn't do spreads without margin and couldn't get approval for the higher options without $$$. I was told I had to stay with covered calls or covered put's. Its a real bummer as spreads would be a better options with less capital for newbies

@scaresandsparks

8 ай бұрын

Yep me too. And if you've got enough experience to be approved for level 4 you probably don't need this...

Henry were u were recording this with someone telling them to press something?

@InvestwithHenry

Жыл бұрын

what you talking about

How can I get approved for level 3 option trading on Robinhood?😢 I already upgraded to a margin account..

@InvestwithHenry

Жыл бұрын

What did you put on your application? You should call them

@gmoney6046

Жыл бұрын

@@InvestwithHenry I was honest about income, net worth, etc. I was also honest and put that I have under a year experience trading options, but a fair amount of investment knowledge. I said I have high risk tolerance.

@ElMasmalobrrroo

Жыл бұрын

​@@gmoney6046 saying less than a year in options is the mistake. You have to have 5+

What do you do if robinhood doesn’t give you level 3 options and you can’t reapply for them until November

@InvestwithHenry

Жыл бұрын

You call Robinhood I guess. I don't work there so not sure

My put credit spread short call is 5$ under with 1 day left till expiration yet I’m still down 😕 Why is that ? Love your videos by the way.

I keep seeing videos about spreads, but they are a level 3 trade. RH won't allow me to even apply until 2024 for level 3, despite having 6 figures with them. So many strategies you teach I can't even attempt, what other brokers do you recommend.

@angelvalera1477

Жыл бұрын

I’m having the same problem, don’t know what to do

@Harleyjane22

Жыл бұрын

You might be able to reach out to them to do a manual review to allow for level 3 trading. They will call you and “quiz” you on your knowledge of spreads. I did this last week and they approved me.

Hey Henry, I appreciate your vids. Can you please talk about risk to reward because I don't want one trade to wipe out all of my consistent gains.

very cool

What's the name of the software he used to find option ideas?

@InvestwithHenry

Жыл бұрын

optionsfy

Amazing king video, I only do spreads on SPY only and been very successful to me. I think picking one stock or etf isn’t a bad idea because you get to know how that specific stocks trade or move. SPY been the safest and most volume.

@atereshkov

Жыл бұрын

100% agree with you. 90% of my trades are SPY or SPX. It's much easier to focus on 1 ticker and working on perfecting strategies on it. Plus SPY/SPX/ES is much more predictable than any other stock/etf

@gray9735

Жыл бұрын

agree as well. no need to worry about single stock news and the bid ask spreads and minimal

@rgasta7765

Жыл бұрын

How many days out do you go? Can I ask you that?

@rgasta7765

Жыл бұрын

​@@atereshkov Alexander how many days out do you go when selecting the spread?

@rgasta7765

Жыл бұрын

​@@Jazzycat50 How many days out do you go?

My MAN!! Love your videos.

@InvestwithHenry

Жыл бұрын

I appreciate that!

With a $1.00 dollar width CS and receive $20.00 that means you are risking $80. 00 to make $20.00 with a 80% winning percentage ( 8 out of 10 ). So you win $20.00 × 8 = $160. You lose 2 × $80 = $-160. 10 total trades = 0 profit. The point is, those 2 losses have to be less than full losses in order to profit. The other point is that high winning percentage is overrated. It's P& L that matters.

@kevinwalsh2068

Жыл бұрын

Factor in trading fees you loose

Hi Henry, do you journal all your trades? If so, How or what platform do you use?

@InvestwithHenry

Жыл бұрын

Not really. I let the profits basically do the talking

Respect to what you do brother but what I would like to see is a live trade where you enter and exit, even if is a 3 or 4 days trade….even a week or a month 😊

@ezbytes

11 ай бұрын

That is exactly I need to buy in

@johnp7739

7 ай бұрын

Better yet, an account statement or 3rd party audited trades using this strategy for several years. One trade proves nothing.

Why would you be leaving a spread worth $.01 open??

Theta GANG checking in!!

@InvestwithHenry

Жыл бұрын

Let's go

@spydamark

Жыл бұрын

@Invest with Henry Henry you should do a video about the pros n cons of a call credit spread vs a put debit spread. Stuff like when to use and why kinda. Other then you get a credit for one vs the other.

Really grateful for this content thanks 🙏 I have dealing with options but mostly stocks for a while focusing on income but struggling to scale it due to having a smaller portfolio. But like your mindset with a conservative, income focus since it resonates with mine too. Thanks again for sharing value👍 as a pro risk manager, makes the stuff total sense to me😉

very interesting, i love your video

Your % chance of profit on your debit spread example was based on your strike prices not the strategy being used. The way you worded it might lead people to believe the chance of profit is strictly strategy based. But over all good info!

So put credit spread is better.

Where is the link to the discord??

@InvestwithHenry

Жыл бұрын

First link in description

Henry, I love Your channel, and the content, I just wish You would put put a lot more content

Is doing credit spreads on SPY or QQQ only with a 40k portfolio smart if you’re trying to scale up your portfolio safely and fast ? Or just go with 10-15 different stocks

@HaddyO

Жыл бұрын

Did you get an answer for this question?

In a future video could you please discuss how to set up stop losses on credit spreads on Robinhood?? Thank you!

@akcezz2011

Жыл бұрын

Put in a limit order. The contract won’t be placed until that price is within the bid ask spread. He also states that you have to monitor these more. What I usually do is focus on the visual robinhood gives you prior to placing the trade. Those prices are what it has to stay within in order to come out of the trade with a gain.

you need to show how to close these options

where is the 300 per day ?

I feel like you missed the most important part which is, if youre in a put credit spread and the stock closes below your spread, then you lose all your money. if it closes above, you make money. You lacked that explanation in the call credit spread as well.

You meant to say 2 cents @ 24:52

quick question, I see you have some options that are at 100% gain, why haven't you sold those positions? I usually set my tolerance to like 50-70% gain to close. Do you just let most of your credit spreads expire if they are in the money?

Best to sell options when IV is above 50%

How are you Henry? Did you felt a shake on the earth today?

HARD TO GET FILLS

Something don't add up here. You are showing an example with 80% likelihood of succeeding. Fair enough. You also show that you will earn $19 on this trade, and you even say, that you will make money 4 times out of 5. Great. But the last time you will lose $81. This gives you a negative expected value here: (4x19)-(1x81) = -$5. This you divide by 5 trades which gives you -$1 en statistical value per trade. So if your numbers are correct this trade might end up giving you +$19, but if you continue doing this 50 or 100 times you will have a statistical guarantee of losing money. Or did I miss you point?

@drip6337

Жыл бұрын

If you blindly just continuously put on trades then yes. If you use bollinger bands with 2 std deviation you can place safer trades.

@rgasta7765

Жыл бұрын

​@@drip6337 Drip can u explain what "2 standard deviation means"?

this video doesn't make much sense to me. you say around 28:50 that the price never touched the bollinger bands on the 3 month chart, but don't take into account that the bollinger bands move and the opened position doesn't. for example if you opened a position on the upper band on its very low, it would have touched it and went past it a few days later.

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Maria Reyes.

@colleenballinger5919

11 ай бұрын

I invest with Maria Reyes too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

@elizabethkarvelas308

11 ай бұрын

this is not the first time i am hearing of Maria Reyes and her exploits in the trading world but i have no idea how to reach her.

@adammontoya6325

11 ай бұрын

With the consistent weekly profits I'm getting investing with Maria Reyes, there's no doubt she is the most reliable in the market. such a genius

@ibrahimbarakat5872

11 ай бұрын

she often interacts on Telegrams, using the user below.

@ibrahimbarakat5872

11 ай бұрын

REYES40 💯

Hi Henry. I have a small accounts under $75. Out of all the brilliant videos you have made, which one would you recommend. I am looking to grow this account quickly, easily. I realize trades come with risk. I admire your work and chose to ask your opinion on which one of your video methods to use. Thank you for your time.

But don’t you need to make sure that your r/r plays out profitable over 10 trades or 100 trades. In your one example it did not. In the other it did. Sure it’s a good return but if you choose and 80% strike and those 2 losses out of 10 wipes out your 8 wins who cares ? Need to be sure of this long term profitability before entering, correct?

@InvestwithHenry

Жыл бұрын

It really depends

Not 'anybody' can use spreads. Most people on Robinhood are not allowed to trade spreads.

Win 80% and lose 20% of times. But $19 x 8 = is $152 but $81 x 2 = is $162 a total of - $10 nice business! 😎

Seems like you want to make sure to be 100% invested… or more.🤔

Just opened a credit spread with Nvidia 250 / 252.5 expiration is tomorrow

@daverauser9594

Жыл бұрын

I actually like it. I'm on spy and QQQ

@DanielRodriguez-de3fy

Жыл бұрын

​@@daverauser9594 Thanks! it's my first one

@daverauser9594

Жыл бұрын

@Daniel Rodriguez get an options calculator if you don't have one. AND WHATEVER YOU DO, don't get caught with any in the $$

@DanielRodriguez-de3fy

Жыл бұрын

@@daverauser9594 👍👍

@DanielRodriguez-de3fy

Жыл бұрын

So im up $17 right now could i close this spread with this profit if i wanted too?

You are set at 2 million, at 2% a year (basically a savings account) your making 40k a year...that's like the median income of families in most states. Here I am just trying to figure out how to make $8000 a yr trading and it seems impossible.

Paper account

Bollinger is pronounced with a J, not a G it sounds like Bollinjer

Anyone watch m mans account while he was talking? It went up 3 thousand dollars during the duration of just this video