Opportunity is knock, knock, knocking!
Open the door on how to...
Did
your
Broker
ever tell you about these options? Learn secrets of
the
Pros.
You can be empowered with the information needed to act now!
INTRODUCTION TO STOCK OPTIONS training starts with
the most basic
concepts about STOCK OPTIONS: What option contracts are, what it means
to buy and sell them, how and when an option may serve as "insurance"
in a portfolio. The focus is placed on selling covered CALL options
that allows investors or traders to lease out their stocks/ETFs from 1
week
to 2 years! From option theory to a brief introduction of the mechanics
of the options marketplace, options training can provide the foundation
an
individual investor/trader needs for capitalizing on options in their
portfolio. Individuals
should have prior stock (or option) trading or investment experience
and an online
brokerage account.
Introduction to Stock Options – (sample)
The scope of training is dependent upon your trading experience. You can get started today!
There are 15 other
discussion topics
including: $
picking the right
stock/ETF $
picking the right
brokerage: best bid/ask, fast executions, $0 commissions $ protecting your
portfolio $
letting the computer trade & watch
the market for you $
FREE
online data resources $
fundamental and technical analysis tools $
mobile
trading apps $
and more!
Email me, traderick at
greatoptions.net, to find out how much cash
even
your depressed stock portfolio can generate for you weekly - 1%,
2%,
3%, more? Yes. A LOT MORE!
Introduction to Stock Options training is available remotely, via computer. Don't miss this opportunity to enhance or protect your portfolio even if it is languishing. You can only gain from knowledge. Knowledge is power. Without this knowledge, you are missing out on opportunities that could be yours for the taking - TODAY!
Below
are some examples of covered
CALL option
transactions:
You
can capitalize on, and protect your
stock position
after a
big gap up...
One
day, ABC stock closes at $83.00/share. The next day ABC stock
jumps up on earnings results to close at
$93.00/share. Fearing a fall back in price, and giving
yourself
room
for possible unanticipated declines, you could sell the $70.00
covered CALL contracts out one month for $29.00/share (equivalent to a
$99.00/share value!)
And guess what... Bad news strikes 3 weeks later and ABC
share price dips below $62.00/share. You could now buy BACK
those CALL options for $9.00/share and keep
the difference of
$20.00/share.
Options contracts are typically 100 share blocks so each block of
ABC stock you sold would net $20.00 x 100 = $2,000 in profit!
Nice safety net!
You
buy
XYZ stock
at
$7.80/share. The stock jumps the next day to close at
$12.00/share. You could sell next month's $8.00 covered CALLs
for
$5.00/share and hold on to the
stock. So somebody PAYS YOU $5.00/share (which you
keep no
matter what) for their option to buy your XYZ stock at an agreed upon
price of $8.00/share anytime between now and one month from
now.
If
XYZ trades below $8.00/share on-or-before the month is up the CALL
option becomes
effectively worthless to the holder and YOU keep the shares
of XYZ to "lease out" AGAIN if you want. It doesn't get any
better!
BUT you have
choices: Let your stock go for $8.00/share (in addition to
the
$5.00/share you've already been paid) at option expiration or "roll
out" your position to
keep the stock AND receive more premiums. Nice choices!!
ACTUAL TRADES: I purchased 800 shares of XLE from February, 2023 to May, 2023 and sold all 800 shares in July, 2023 for a profit of $570.00---no big deal. But in addition to that profit, I received $880.00 in dividends---again, no big deal. But in addition, I "leased out" XLE from February, 2023 to July, 2023 using covered CALLs for additional income of $4,300.00! That's an additional $4,300.00 that any investor could have made selling covered CALLs on XLE! Nice side hustle!
Disclaimer
and Caution: Actual trading examples follow. Trade ETFs at your own risk.
September, 2023, ETFs purchased long are APLY and GOOY.
Selling PUTS to buy in at a decent price.
October, 2023, ETFs purchased long are AMZY and NVDY
December,
2023, adding MSFO by selling naked PUTs. I am cycling in and
out
of
all these dividend paying ETFs using covered CALLs and PUTs.
Great monthly income. Challenging and not for the faint of heart.
January, 2023 BKLN is a nice, low volatility ETF that pays approximately 9% APY.
February, 2024, ETFs purchased long are CONY and FBY along with
selling naked PUTs on these ETFs
March, 2024, additional ETFs purchased long are NFLY, XOMO and ULTY
April,
2024, ULTY is higly volitile so I'm looking for an opportunity to
reduce holdings in this ETF
June,
2024 Sold all ULTY holdings at a loss. Glad I got the
dividends to ease the pain! Remaining ETF's doing well.
end of example trades..............
Individuals or groups desiring
a private
session may start by emailing traderrick at greatoptions.net.
About the Instructor - Richard Lippi has been an active, online stock and options trader for over 25 years. He is a graduate of several stock and options training courses including Winning Investing.com and the Market Compass Options Course given in cooperation with the Pacific Exchange in San Francisco. Richard Lippi is a strong advocate of investor education, using communication tools and using the computer (or smartphone) to manage portfolio positions.
IMPORTANT DISCLAIMERS: Trading in OPTIONS is speculative and, as such, has inherent risks not suitable for all investors. Past performance is no guarantee of future results. Traders should consult an investment professional before making any options trades if there are any questions regarding the obligation or risks involved. Not all options contracts are for 100 shares of the underlying stock. Equity (stock) contract adjustments and settlements can radically change the character of an option and subsequent obligation of a seller of options. Traders should consult the latest information available regarding the true obligation involved in any stock option before making any commitments (to be discussed further in training).
No part of this presentation should be construed as an inducement to invest in or trade stocks, ETFs or options. Every investor or trader must develop their own strategy for investing or trading and establish a sound plan of risk assessment & management before entering into any trade or obligation. Consult your tax advisor on all tax considerations.
Please Note: Students should have prior stock (or options) trading or investment experience.
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Last modified: 08/30/2024
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