How I Made $1 Million Investing with Options (My Strategy)
213.3 هزار بار بازدید -
3 سال پیش
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In this video I am
In this video I am going to show you how I made over $1 million investing with options. I have broken this video down into 6 investment steps that I followed. Enjoy!
- Get up to $350 of FREE Stocks: https://j.moomoo.com/007xo6
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- MY INSTAGRAM : http://bit.ly/2zV8HUl
BEFORE YOU START INVESTING : Now first things first - YOU GOTTA UNDERSTAND WHAT YOU’RE DOING. Let me tell you what I mean by that. For anything in life that we want to be successful at, we need to understand everything about that subject before diving in head first ESPECIALLY when we’re talking about money, right? And I don’t mean just memorize the basics like you would maybe in school - but fully and completely understanding that topic enough so that YOU can explain it to someone else. And really try to get to the heart of it - for example - if you want to invest in the stock market you shouldn’t just know how to buy and sell a stock. You should understand how the economy works, what effects prices rising and falling, and be able to explain to someone WHY you are investing in that particular stock. With options, you’ll need to understand not only the basics of buying calls or puts, but understand things like Volatility, Prices of Premiums, Theta Decay, Delta and how all that effects your options investing. Now if that all sounded like a foreign language to you that’s ok, it did to me as well but I took my time to learn and understand these concepts before ever making an investment.
So as you might have seen in Andrei Jikhs video, a few years ago he actually encouraged me to open up a robin hood account and I put an initial $16,000 into that account. Now even though I’ve had a TD Ameritrade long term investmenlt account since I was like 20 years old, I figured I can be more active in my investments with this new fun app. (LITTLE DID WE KNOW WHAT ROBINHOOD WOULD TURN INTO). Over the next year I put in more money from my business - about 10% of what I was making until my account was at around $100,000. During this period I started learning all I could about options and the strategy that I started to use was finding undervalued companies or companies that were beat down (more than they should have been in my opinion) and buying out-of-the-money call options on those stocks. I would choose a strike price of where the stock was before a big down turn and I would chose an expiration date at LEAST 2 years out. So for example, if MGM stock fell from $30 to $15, I would then buy calls on MGM with a strike price of $30 and with an expiration date 2 years out. So what I’m basically saying is that I believe that MGM stock will recover back to $30 on or before the year 2023. So I had around $100,000 in my robin hood account to try out options trading using this strategy. We were having a very nice bull run all of 2019 so I had some nice success (again whether that was luck or what still is debatable - everyone is a genius in a bull market) - BUT THEN then pandemic hit and boy oh boy. Now by honest to goodness pure LUCK I sold out of a lot of my option positions by that time - and well, you want undervalued companies? Everything was up for grabs. I couldn’t hold enough investments like one of those Mr. Beast videos. I asked myself a simple question - which stocks will recover back to their original price in a few years? My answer was - A LOT OF THEM. So I started buying calls on those undervalued stocks and well here we are - 10x later.
- Get up to $350 of FREE Stocks: https://j.moomoo.com/007xo6
- Earn up to $250 of Crypto w/ BlockFi: https://blockfi.mxuy67.net/n1yXjR
- MY INSTAGRAM : http://bit.ly/2zV8HUl
BEFORE YOU START INVESTING : Now first things first - YOU GOTTA UNDERSTAND WHAT YOU’RE DOING. Let me tell you what I mean by that. For anything in life that we want to be successful at, we need to understand everything about that subject before diving in head first ESPECIALLY when we’re talking about money, right? And I don’t mean just memorize the basics like you would maybe in school - but fully and completely understanding that topic enough so that YOU can explain it to someone else. And really try to get to the heart of it - for example - if you want to invest in the stock market you shouldn’t just know how to buy and sell a stock. You should understand how the economy works, what effects prices rising and falling, and be able to explain to someone WHY you are investing in that particular stock. With options, you’ll need to understand not only the basics of buying calls or puts, but understand things like Volatility, Prices of Premiums, Theta Decay, Delta and how all that effects your options investing. Now if that all sounded like a foreign language to you that’s ok, it did to me as well but I took my time to learn and understand these concepts before ever making an investment.
So as you might have seen in Andrei Jikhs video, a few years ago he actually encouraged me to open up a robin hood account and I put an initial $16,000 into that account. Now even though I’ve had a TD Ameritrade long term investmenlt account since I was like 20 years old, I figured I can be more active in my investments with this new fun app. (LITTLE DID WE KNOW WHAT ROBINHOOD WOULD TURN INTO). Over the next year I put in more money from my business - about 10% of what I was making until my account was at around $100,000. During this period I started learning all I could about options and the strategy that I started to use was finding undervalued companies or companies that were beat down (more than they should have been in my opinion) and buying out-of-the-money call options on those stocks. I would choose a strike price of where the stock was before a big down turn and I would chose an expiration date at LEAST 2 years out. So for example, if MGM stock fell from $30 to $15, I would then buy calls on MGM with a strike price of $30 and with an expiration date 2 years out. So what I’m basically saying is that I believe that MGM stock will recover back to $30 on or before the year 2023. So I had around $100,000 in my robin hood account to try out options trading using this strategy. We were having a very nice bull run all of 2019 so I had some nice success (again whether that was luck or what still is debatable - everyone is a genius in a bull market) - BUT THEN then pandemic hit and boy oh boy. Now by honest to goodness pure LUCK I sold out of a lot of my option positions by that time - and well, you want undervalued companies? Everything was up for grabs. I couldn’t hold enough investments like one of those Mr. Beast videos. I asked myself a simple question - which stocks will recover back to their original price in a few years? My answer was - A LOT OF THEM. So I started buying calls on those undervalued stocks and well here we are - 10x later.
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