INVESTMENT > BETTING
Americans spent around $113 billion on lottery tickets annually
Given the U.S. population of approximately 330 million, this averages to about $342 per person annually
If we assume only half of the population buys lottery tickets that would mean an
I am working on an update and upgrade of my strategy
Once ready I will DM it to
First 250 individuals who FOLLOWS, LIKES, REPOSTS and COMMENTS “strategy” in a comment section
Options Selling, being one of the greatest side hustle, is not very difficult to master
Anybody can learn it and with the right strategy can generate consistent income
Newest study was completed on selling Put Credit Spreads
Focus on these stocks with ultra-high win rates and
Options Selling, being one of the greatest side hustle, is not very difficult to master
Anybody can learn it and with the right strategy can generate consistent income
Newest study was completed 12/29/23 on selling Put Credit Spreads using
#MyStrategy
and with expanded
This thread is an ULTIMATE GUIDE on Put Credit Spread behavior in various scenarios of the stock price movement
In certain cases even seasoned options seller need to be reminded on specific aspects of a credit spreads
Here we will cover 5 scenarios of price behavior and how our
It took me 5 years to learn what I know today about Stock Market and Options Selling
I will be putting together a Mega Thread with the lessons I have learned, strategies I have used
If you want to receive a note when thread is posted FOLLOW, LIKE and REPOST
Options Selling is a great source of income if done in a right way, following a STRATEGY that was backtested, refined and traded in real life
Today, FINALLY, for the FIRST TIME I will share my BACKTEST RESULTS of a Call Credit Spread
This path of INCOME generation is open to
Options Selling is one of the underrated trading strategy in a Stock Market
If done correctly can generate on average ~1.5% monthly income in Bear Markets and ~4% in Bull Markets
How to Sell Options using My Strategy
#Optionselling
#OptionsTrading
#options
#StockMarket
Options Selling, being one of the greatest SIDE HUSTLES is not very difficult to master
Anybody can learn it and with the right strategy can generate CONSISTENT INCOME
Sharing UPDATED study list was completed 1/20/24 on Selling Put Credit Spreads using My Strategy 👇
HOW I SELL WHEEL STRATEGY
Options Selling is one of the greatest (if not the one) income generating tool
This knowledge will change you life
If developed right level of competency, it can initially be a side hustle and over time can completely replace your 9-5 job and allow
What is "Options Selling"?
Is it better than "Trading Stocks"?
Can I make money?
Should I quit my 9-5 job to do it?
What is "Delta"?
What is "Theta"?
What is "Gamma"?
What is "Out of the Money"?
What is "At the Money"?
What is "In the Money"?
I want to make Options Selling easy, because
✅ IT IS EASY ✅
I want everyone that is seeking SIDE INCOME to try selling options and feel that sense of huge relief knowing that FINANCIAL FREEDOM is REAL
Here we will review Put Credit Spread and how to sell it 👇👇👇
A journey to financial stability is simple:
1. Choose ETF that historically is up
2. Sell 30-40 delta puts and collect premiums
3. If and when assigned start selling calls 20 delta
4. Continuously add more capital to your account
5. Repeat
Options Selling is one of the underrated trading strategy in a Stock Market
If done correctly can generate on average ~1.5% monthly income in Bear Markets and ~4% in Bull Markets
Here is my InfoCard on how to Sell Options using My 3D Strategy
🧿FOLLOW, LIKE and RETWEET🧿
Many questions about what my strategy is
It is simple and once again
ANYBODY CAN DO IT
But it is NOT RISK FREE as nothing is risk free in this world including driving every day while accepting that there are millions of people die from car accidents every year
Strategy is
Imagine buying $AAPL shares at 20$ after watching this in 2012
As a note:
Michael Saylor mentioned the stock will be worth 2000$, recalculating Apple stock price without splits that happened twice after this interview it would be worth 5,809$ today
What an average person, with average 9-5 job, with average salary can earn by Selling Options?
Stock Market is there for all of us to try and get small piece out of it
EVERYONE CAN DO IT
It is not difficult but require learning, dedication and right mindset
P.S. Trading is
Do you want an ULTIMATE GUIDE on ENHANCED Wheel Strategy?
Why enhanced?
Because this method will protect from corrections
and
Use Corrections to multiply your Net Portfolio Value
How? 👇👇👇
Did you know with just $10,000 capital you can become MILLIONAIRE?
There is compounding effect with Options Selling
You have heard it right
With starting capital of just $10,000 and average Options Selling activity return of 4% per month following are the account size at the
My Mission is to guide an average 9-5 employee towards income-generating side hustle of Advanced Options Selling
I am on a journey to grow my Options Selling account from 100K to 1M and I am sharing my Strategy, Backtests, Studies, Trades and Thoughts with my audience
Nassim Taleb former option trader made his fortune during the crash of 1987, Nasdaq dive in 2000 and the financial crisis in 2007
9 Years ago Nassim Taleb appeared on
#reddit
to answer questions
I compiled Q&As related to Options Trading in this thread 👇👇👇
You want to Buy a LEAPS Call option to sell covered calls for income but do not have enough capital?
Poor Man’s Covered Call?
This little tweak will finance this purchase for little to zero debit👇👇👇
Followers are interested in how do I EXIT the trade
If it is a WINNER trade I will exit at 50% profit. That is 50% from initial credit received. Yes I will leave money on the table but that increases my win rate by 2-5% and allows capital redeployment
If is is a LOSER trade
I
Ultimate and Simplified Beginner's Options Sellers and Investors Guide
🚨Using minimal investment
🚨10-15 minutes a day
To begin your journey towards Weekly Cash Flow and ability to start Investing long term with that income
I want to make Options Selling easy, because
✅ IT IS EASY ✅
I want everyone that is seeking SIDE INCOME to try selling options and feel that sense of huge relief knowing that FINANCIAL FREEDOM is REAL
Here we will review how to sell Put Credit Spreads...
and go over
Backtesting Cash Secured Puts on $SOXL
>7 years
30 delta short
14 DTE
Total premium collected $37,380 with 1 contract
Assignment frequency on average: ~5.9 times per year
@unusual_whales
Analysts change their opinion every week. Even two different analysts from the same fund have 180 degree perspectives on the same day.
Play a simple game of following a trend and mathematical probabilities and make money regardless what analysts say
I receive a lot of DMs from followers that have small account size
In order to support them I ran a study on stocks that are much more affordable to trade options with
Interesting fact is that over 10 year period, that I ran the study on, some of these stocks outperformed more
The truth is that everyone wants to make 2-6% return every month
Let’s make money together
I share my journey from 100K to 1M with Options Selling
How I select symbols to trade options on
Which strategy works and which doesn’t
How to reach >95% win rate on trades
I try to
I have started mentoring one of my colleague on Options Selling
He has no previous experience in the stock market or in the options trading
Starting from the scratch
I will be documenting steps we are taking, topics we cover and books I recommend him to read in this Thread 🧵
@charliekirk11
Summarizing debates that happened yesterday between Biden and Trump I think Democrats knew the outcome will not be in their favor
And it was a plan
When D electorate will loose hope in the elections outcome they will “suddenly” come up with a new Candidate
My Mission is to guide an average 9-5 employee towards income-generating side hustle of Advanced Options Selling
I am on a journey to grow my Options Selling account from 100K to 1M and I am sharing my Strategy, Backtests, Studies, Trades and Thoughts with my audience
What an average person, with average 9-5 job, with average salary can earn by Selling Options?
Stock Market is there for all of us to try and get small piece out of it
EVERYONE CAN DO IT
It is not difficult but require learning, dedication and right mindset
P.S. Trading is
Options Trading Hack
If you are Cash Secured Puts trader then I have a TRADING HACK for you that will multiply your return on investment multiple times 👇👇👇
Most of us have very similar financial goals:
1⃣ Have adequate and consistent monthly income
2��� Have 1⃣ and enough capital to retire preferably early and enjoy our lives
With Strategy that I developed, backtested and implemented Options Selling can generate 2-6% return every
Crazy idea
#2
Yes? No? Why?
Take a loan $100,000
Sell 19x 33DTE 20 delta puts of $SOXL
Collect $4,110
With 20 delta there should be ~80% win rate
Sell 10 times get 2 assignments
After assignment and whatever drop is, sell 20 delta calls
Roll up and out as required
These are the most common questions I get about my Options Trading
So here I will answer them
1. How do I select the symbol to trade on?
I have ran hundreds of backtests to select best performing stocks vs my criteria. Initially I have posted a study only about Put Credit
Crazy idea
Yes. No. Why.
Take a loan $100,000
Sell 16 x 6 DTE 20delta puts of TQQQ
Collect $750
With 20 delta there should be ~80% win rate
Sell 10 times get 2 assignments
After assignment and whatever drop is still sell 20 delta calls
Roll up and out as required
$3,000
I was thinking where should I put majority of my long-term investment to so that I could not only benefit from Covered Calls for a cash flow from options selling activities but also ensure total asset value of my portfolio increases over the time, over the next decade or more 👇
Are we going to BLOW OUR ACCOUNTS in another BLACK SWAN EVENT with my strategy?
Are we going to LOSE ALL OUR GAINS during another BEAR MARKET?
Let us see what history and backtests tell us 👇
Most of us have very similar goal
FINANCIAL INDEPENDENCE / FINANCIAL FREEDOM
These defined in following achievements
1⃣ Consistent monthly income
2⃣ Enough capital to retire early and enjoy our lives
I WILL GUIDE YOU HOW TO REACH THERE
👇
Many of the followers asked me to define how to sell a Put Credit Spread
Understand Put Credit Spreads:
A put credit spread involves selling a put option and buying another put option with the same expiration but a lower strike price. It's a bullish strategy where you profit if
Selling 0DTE options?
Zero DTE is considered the riskiest trading strategy
But is it always the case?
NO and here is one example where it is NOT risky👇👇👇
How much Monthly Income can be expected from Options Selling using my strategy?
It does not mean there are no risks
There is nothing risk-free in this world
These values were derived from extensive backtests that are based on historical data
Both Bull and Bear Markets were
Many of us, Option Sellers, have our Long term portfolio kept separate
We do not sell Covered Calls on them
Why?
Because we do not want to risk expected growth from the stocks
However
If your long term account is sizable then consider the following simple approach ⏬
Here
Options Selling is a life-changing skill
Learn different strategies and ways to use them in various scenarios while you are full time employee
At times of difficulty, job insecurity or economic downturns these skills will support you and your family
Unfortunately many think that Investing or Options Selling is not for them because they do not have enough extra cash to invest - and most of them are correct
Average US nationwide salary in 2023 is ~$60,000 => obviously first impression that not much can be done wrt investing
Why Selling Puts is better than Selling Calls?
1. In general market moves higher more than it is moving lower (Dow Jones over 100 years had 61 years with gains vs 39 years with losses)
2. Sold Puts or Put Spreads can be used to purchase stock that you like to own at a discount
Some followers asked to show HOW do I selected which width of the spread to use
Here I show how I select the best Return on Capital strike and place a trade of Put Credit Spread for $TSLA
Let me know in a comment section what do you want to learn
I will try to dedicate some
If 🫵 you want to
Master Options Selling
you need to 📚 learn few key aspects of options trading 👇👇👇
Δ Delta
Delta of an option indicates how much the price of the option will change for every $1 movement in the price of the underlying asset
It's a measure of the
Analyzing my last week's performance
I closed 44 trades with 💰2,252$ profit
Great profitable week
Selling Options is one of the best (BEST FOR ME) side CASH GENERATING SOURCE
I cannot stress this enough
START AS SOON AS YOU CAN
#Optionselling
#OptionsTrading
#options
Options selling can make you a lot of money if done correctly.
There are few option hacks to save you from losses that I have experienced
1. Not every good stock is a good options selling candidate
2. Not every high ROC option is a good candidate for selling options on
3. Not
I wish somebody sent this post to me 10-15 years ago
This would have changed my life
CAN WE HAVE PEACE OF MIND IN INVESTING AND OPTIONS TRADING
Regardless of market condition
Is it possible?
Yes, IT IS VERY MUCH POSSIBLE
If I analyze my investment into $TSLA stock, I do get
Why I always say ANYONE CAN DO IT?
It is possible to turn account of $10K to $1M in 11 years
If you are 20 years old, by the time you turned 31
YOU WILL BE A MILLIONAIRE
There is compounding effect with Options Selling
With monthly deposits it becomes
COMPOUNDING on
Do yourself a favor and learn Rolling Options
That one addition to your options selling will save you from losses and increase your wins
Learn when to roll out
When to roll out and up
When to roll back and down
Anybody done rolling back?
I ran a backtest that covers last 10 years of $TQQQ performance vs my strategy
Annual Compounded Growth Rate within this timeframe was averaged at ~33%, that is in average 2.7% return every month
If $100,000 was used as a starting capital and traded since 2016, without any
I consider stock is on a SALE when RSI is less than 40
RSI <30 is around 10-15% discount
RSI <25 is around 15-20% discount
RSI <20 is around 20-25% discount
RSI <15 is around 25-30% discount
$TSLA was around RSI 18 this week
Opportunity to make some
Best candidate for Option Selling as Cash Secured Puts followed by Covered Calls
WHEEL CHECKLIST 📋
Average return 1 yr >100% ✅
Average daily volume - more than 50M shares ✅
Put Return on Risk at 14DTE & 20 delta > 1.5% ✅
Results: $SOXL $TQQQ
Any others?
Dividends reinvested (DRIP) considered 8th wonder of the world for compounding effect
What if I told you that you can create 9th wonder of the world and putting your dividends compounding on steroids?
Strategy that I use was developed based on study backed by series of backtests
It took me few months to analyze and refine the symbols list
The strategy is very simple
👇
When your covered call gets in the money let it stay there and burn more extrinsic value
1 day to expiration and if stock is up roll it to the next week
Little pullback will get it to 40% almost immediately
That is what I did with my $TSLA 185 call today
Roadmap $5,000 to $1,000,000
If you are Selling Options, started with $5,000 and deposit $500 every month:
It takes 40 months to reach 50K, then
20 more to 100K
13 more to 150K
10 more to 200K
14 more to 300K
10 more to 400K
8 more to 500K
25 more to 1M
#Optionselling
On a green day like this it is better NOT to sell put options
Chances that tomorrow will be another such a green day is very slim
Wait for a red day
Better to wait than wake up tomorrow and see -40% if your sold put P/L
@KobeissiLetter
Cocoa prices at record high due to:
* Weather damage in West Africa
* Supply constraints
* Increased demand
* Poor farmer returns
* EU rules impacting supply
Prices doubled since 2024, reaching $10,030/ton.
Do not worry if your credit received from options selling is 50, 60, 70 bucks.
Once you master a system and get grasp on the strategy it will be a matter of time until you just need to increase quantities of your contracts sold
And that is when it will change your life
Which stock options do I trade the most with my Options Selling strategy
$MDB $ENPH $CVNA $TSLA $NET $DDOG $FSLR $ZS
This selection of stock options have highest:
- Win rates
- CAGR
- Return on Capital
To master a Wheel Strategy i.e. selling cash secured puts followed by a selling covered calls you MUST understand Rolling options
🚨What is it?
🚨When to use?
🚨Why use it?
We will answer all these questions in this thread 👇👇👇
Put Credit Spreads
Bullish strategy
When sold OTM allows price movement against position and still expire worthless
When sold wider than normal can be treated as Cash Secured Put with the intention to own the stock but with additional following benefits
One of the questions I have been asked a lot about:
How do I manage Covered Call for a stock that has dropped a lot?
We understand that if 62$ stock has dropped to 52$, premiums for covered calls will be negligible
For comparison calls at delta 50 cost 3.1$ whereas 15.5% lower
I bought $BITO last week to sell Covered Call on, sold at ~50 delta call 3DTE which expired worthless
Now I am on a second week of Covered Calls, and apparently now will also receive 176$ as dividends
Anybody else selling covered calls on BITO and collecting fat dividends?
“I am 32,
I became millionaire at 28,
My monthly income is $76,000
I am married
Gorgeous wife
With two beautiful daughters
One son
A dog
And a cat
Let me tell you how I got here…”
There are so many posts like that
Seems like X lately became a perfect people’s platform 😀
$TQQQ is up 217% in the last 5 years
Average daily volume 70 million shares
Return on capital with cash secured puts, ~16DTE, 10 delta is ~7% - meaning juicy premiums
For comparison $QQQ ROC is ~1.5%
Is it one one of the best Covered Calls candidate?
Let us see...
If the
Options selling even with the same symbol can be performed in different ways using variety of Deltas and DTEs
This example of $SOXL sold at 7DTE and 30 short deltas
With the win rate of >75% total premium collected over the period is ~$29K
And that is with only 1 contract and
Do not try to master every single options selling strategy to become successful
Focus on one
Master every detail
Every move and calculation
Know what to do if price went up
Know what to do if price went down
How to roll and when to exit
S.I.M.P.L.E.
Best regards,
Rolf
Options selling even with the same symbol can be performed in different ways using variety of Deltas and DTEs
Each trade will bring significant cash flow in percentage terms
Example of $SOXL sold at 7DTE and 20 short deltas
Win rate of >82%
Total premium ~$14K
And that
How did I select stocks in my refined stock list?
- I have listed all the stocks that came to my mind
- I have added stocks that were mostly traded by experienced options traders
- I ran multiple scans on the most expensive stocks
- I ran scans for highest return on investment
If you want to learn how to Sell Options and generate weekly Cash Flow you are in the right place
This platform is unique space to learn step by step how to place a trade, how to adjust and how to close
Learn it, practice it and get your life to a different level
My Circle of X community
Most of them are within Options Selling, Dividend and Long-term investment and some in Bitcoin domain
But one important factor that connects them all is valuable content, honest feedback and respectful conversations
Thank for being around me
Circle 1
If your strike is above your cost basis and is In The Money, do not worry
Just keep rolling out and pocket those premiums
Forever ♾️
Has anyone done it?
I will be running a short study to compare 20 delta short / 5 delta long VS 10 delta short / 5 delta long Put Credit Spreads
Suggest symbols for this study
As a start I will use following stock symbols
$ENPH $MDB $CVNA $TSLA $NET $DDOG $FSLR $ZS
#Optionselling
There are many complex options selling strategies
Each perform differently in various market conditions
But I prefer simple approach regardless of market conditions
Sell Cash Secured Puts
If assigned
Sell Covered Calls
Why complicate
Top 10 symbols to buy and hold that are within Semiconductor Sector
Also each of them have attractive options premium Return on Investment if a Call sold 7DTE and 30 delta
Sorted from smallest ROI to highest
Simplest formula for financial freedom that will change your life
Follow these 4 steps and start seeing weekly improvements in your understanding of the process
👇👇👇
1️⃣ Work to generate monthly income: 9-5 job, run small business, do craftsmanship etc
2️⃣ Invest small
Selling Options has been THE BEST side income generator
I have tried pretty much everything from momentum stock trading to iron condors and butterflies
For me, Credit Spreads are the best
4 reasons why Selling Options is king
✅ Allows for passive income and minimal active trading
✅ Ability to earn income in a flat or declining market
✅ Requires LESS monitoring (compared to buying short term options or day trading)
✅ You can do it from ANYWHERE
Put Credit Spread with more than 99% Win Rate Backtesting Tesla $TSLA Options Selling Strategy
Let me know which lessons would you like me record in similar template for you to become more successful Options Trader
Options Selling is VERY underrated form of Income Generation
Profits are real and were proven by multiple real life examples
1.5-4% a month from Cash Secured Puts and Covered Calls
Spreads have potential to boost those returns
EVERYONE CAN DO IT
#options
#optiontrading