Make $10k Per Month Selling Puts On These 2 Stocks
Ringkasan
TLDRThe video explains a strategy to sell puts on two stocks, MicroStrategy and Tesla, to create passive income weekly. The goal is to earn between $5,000 to $15,000 monthly. It also covers how to choose the right strike prices to minimize losses and transition to running the wheel strategy if assigned. The presenter emphasizes the importance of selling puts on volatile stocks like MicroStrategy, which is heavily invested in Bitcoin, and Tesla, which is well-positioned for advancements in AI and autonomous driving. Both stocks are predicted to have strong support levels. Selling naked puts and cash-secured puts are explored, with advice on managing capital and risks, especially if the market drops.
Takeaways
- 💼 Selling puts on MicroStrategy and Tesla can generate significant passive income.
- 📉 Choose strike prices strategically to mitigate risk of assignment.
- 📈 Run the wheel strategy if assigned to keep earning premium.
- 🤖 Tesla's advancements in AI and autonomous driving make it a solid investment.
- 💲 MicroStrategy's Bitcoin strategy adds value during volatile periods.
- 🔍 Manage risks by rolling out and down puts in downturns.
- ⚖️ Strategy suitable for large accounts for safe execution.
- 🖥️ Utilize platforms like Fidelity and Weeble for options trading.
- 💡 Adjust strategies based on market trends and support levels.
- 🔗 Offers opportunity for passive income with significant capital or aggressive trading.
Garis waktu
- 00:00:00 - 00:05:00
The video introduces a strategy for investing in two volatile stocks that offer high premiums from selling puts weekly, potentially generating substantial monthly income. The speaker emphasizes safety by choosing specific strike prices to avoid unfavorable assignments and outlines using the wheel strategy for better stock acquisition and income consistency.
- 00:05:00 - 00:10:00
The first stock discussed is MicroStrategy (MSTR), highlighted for its strategic investment in Bitcoin and potential short squeeze. The speaker justifies MSTR as a strong candidate for selling puts due to its low share float and stable support levels, particularly around $300. Charts are utilized to explain optimal strike price selection, ensuring income generation while minimizing assignment risks.
- 00:10:00 - 00:15:00
Providing a detailed example, the speaker explains the process of selling puts on MicroStrategy, emphasizing the anticipated market movements and price ranges conducive to maximizing weekly premiums. They convey the rarity of assignments at the chosen strike prices and strategies to adapt to market changes for consistent income flow, showcasing past successes and potential profits.
- 00:15:00 - 00:20:00
The speaker addresses the capital requirements for employing this strategy, suggesting it's suitable for larger accounts due to the significant capital needed for selling multiple puts. They distinguish between safer passive income generation through cash-secured puts and more aggressive, riskier strategies, underscoring the benefits of the conservative approach for those nearing retirement.
- 00:20:00 - 00:25:00
Transitioning to the second stock, Tesla, the speaker highlights its robust potential influenced by anticipated technological advances and business strategies. They illustrate using charts to pick advantageous strike prices for Tesla puts, detailing safeguards against market downturns and the logistics of rolling puts to maximize income.
- 00:25:00 - 00:31:54
Concluding the video, the speaker synthesizes strategies for managing Tesla and MicroStrategy puts, catering to various account sizes while ensuring safe monthly income. They promote additional resources and learning through their coaching services, reinforced by testimonials showcasing the efficacy of the discussed strategies in achieving substantial financial growth.
Peta Pikiran
Video Tanya Jawab
What stocks does the video suggest for selling puts?
The video suggests MicroStrategy (MSTR) and Tesla for selling puts.
How much passive income can be made with this strategy?
The strategy can generate upwards of $5,000 to $15,000 a month.
What is the wheel strategy mentioned in the video?
The wheel strategy involves selling puts to potentially buy stocks at a lower price and then selling covered calls to generate income if assigned.
Why is MicroStrategy considered a good stock for selling puts?
MicroStrategy is considered good because it's currently volatile, investing heavily in Bitcoin, and may see a short squeeze.
What does the video say about Tesla's future prospects?
The video highlights Tesla's involvement in autonomous driving, AI, and robotics, suggesting it's a great investment for the future.
How much capital is required to implement this strategy safely?
The strategy is best suited for individuals with account sizes of $200,000 or $300,000 or more.
What are the risks of selling naked puts mentioned?
The risk of selling naked puts includes potential assignments if the stock price goes against the position, requiring more capital to cover.
How does the presenter suggest managing risk if the stock market pulls back?
The presenter suggests rolling out and down options to manage risk during market pullbacks, collecting premiums in the process.
Can this strategy work with small accounts?
Yes, but it requires active management and possibly more aggressive strategies due to higher risks involved.
What platforms are recommended for trading these options?
The presenter uses platforms like Fidelity and Weeble for trading options.
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We need to talk about the future of home cooks.
- 00:00:00in this video I'm going to show you two
- 00:00:02stocks that you can sell puts on every
- 00:00:04week to make safe consistent passive
- 00:00:07income you can make upwards of 5,000
- 00:00:10maybe 10,000 even $15,000 a month
- 00:00:12selling puts on these two stocks very
- 00:00:15powerful stocks with a lot of volatility
- 00:00:17I'm going to show you guys how to pick
- 00:00:19the strike prices so this way when you
- 00:00:20sell puts on these stocks if you get
- 00:00:23assigned it will not be a bad thing you
- 00:00:25will be getting the stock cheaper I will
- 00:00:27be showing you how to gauge the charts
- 00:00:29and how how to pick your strike prices
- 00:00:31on these stocks to sell puts at this way
- 00:00:33if you get assigned you'll be able to
- 00:00:35run the wheel strategy and sell covered
- 00:00:37calls to get out but the strike prices I
- 00:00:39pick very rarely will get you assigned
- 00:00:41don't worry about subscribing smashing
- 00:00:43the like button or looking for the
- 00:00:44coaching and Discord link we will talk
- 00:00:46about that real soon let's Dive Right
- 00:00:48into this video so I can show you guys
- 00:00:50which stocks I've have chosen and how to
- 00:00:52enter these puts to make juicy premium
- 00:00:55every single week the first stock that
- 00:00:56I'm going to talk to you guys about in
- 00:00:58this video is micro straty MST it is a
- 00:01:02very solid stock to sell puts on because
- 00:01:05it's working its way down right now in
- 00:01:07price and it's found a lot of support
- 00:01:09and the CEO is very intelligent and
- 00:01:11understands the business fundamentals
- 00:01:13that he's involved in and also
- 00:01:15understands the strength under a trump
- 00:01:17presidency of cryptocurrency and micro
- 00:01:19strategy has been investing heavily and
- 00:01:22leveraging their debt with Bitcoin and
- 00:01:25not only that they're intending to issue
- 00:01:26more shares to buy more Bitcoin and
- 00:01:28there's also the lum uming possibility
- 00:01:31that's becoming likely probable that
- 00:01:33there's going to be some form of short
- 00:01:34squeeze which means the stock has found
- 00:01:36a bottom and being able to time this
- 00:01:38bottom and sell puts is essentially a
- 00:01:41lot of premium for us with a market cap
- 00:01:43pushing a 100 billion and share flow
- 00:01:46being around 200 million this is very
- 00:01:48low which is why the price is much
- 00:01:50higher than other stocks that have
- 00:01:51similar market cap like PayPal which is
- 00:01:54$80 a share but has shares float of a
- 00:01:57billion shares that's a big difference
- 00:02:00from 200 million so let me show you guys
- 00:02:01on a chart how I'm picking these strike
- 00:02:03prices and which ones I'm going to be
- 00:02:05selling puts on weekly and show you how
- 00:02:07you guys can make safe consistent income
- 00:02:10selling puts on micro strategy and then
- 00:02:12I'll show you how I'm going to be mixing
- 00:02:14this up with the second stock pick right
- 00:02:16after I show you guys on the chart what
- 00:02:17we're doing with micro strategy so
- 00:02:19looking at micro strategy on the chart
- 00:02:22you guys can see that the price has
- 00:02:23moved its way down quite a bit and it
- 00:02:26has found a lot of support in the 330
- 00:02:28range and a significant amount of
- 00:02:31support almost like the floor the bottom
- 00:02:33of the ocean so to speak at $300 so I
- 00:02:36have sold consistent puts on micro
- 00:02:39strategy at 3310 I've been able to
- 00:02:41generate myself several thousand a week
- 00:02:44just in micro strategy it is a very good
- 00:02:47stock to sell puts on especially down in
- 00:02:49the $280 to $300 range because it's so
- 00:02:52far down into the support area which is
- 00:02:54somewhere between 240 and 270 would
- 00:02:57probably be the bottom even if they just
- 00:02:59blew out earnings and the bottom fell
- 00:03:01out that's probably where the stock
- 00:03:03would go is around 240 to 270 so a 280
- 00:03:06put is damn near the bottom and it's
- 00:03:09right amidst this Gap that has not been
- 00:03:11filled yet and usually gaps are support
- 00:03:14and we can see that when the stock came
- 00:03:15down right here and started touching
- 00:03:17around this Gap it had significant
- 00:03:19support although it did bounce off the
- 00:03:21100 day and it bounced off the 100 day
- 00:03:24again however there is a story here to
- 00:03:26be seen and the 10day moving average has
- 00:03:29get again crossed over the 20 if micro
- 00:03:32strategy can break above 360 or 361 and
- 00:03:36start moving its way upwards and we can
- 00:03:38have some candles closing above the 100
- 00:03:40day then we are now working towards an
- 00:03:43upward momentum and an uptrend and
- 00:03:45that's going to be even stronger however
- 00:03:47if it fails to do this today and going
- 00:03:50into tomorrow and next week into the new
- 00:03:52year then the stock come down and go
- 00:03:54into a sell-off but even in that
- 00:03:56situation falling below 300 would be
- 00:03:58fairly unlikely and falling below 280
- 00:04:01would in my opinion the next 2 to 3
- 00:04:03weeks falling below 280 would be very
- 00:04:05far uh from probable I would say it's
- 00:04:08very unlikely to happen so what I'm
- 00:04:10doing in this situation right now is for
- 00:04:12next week January 3rd I would look at
- 00:04:15selling 310 and 300 and maybe a couple
- 00:04:17of 280s just depending on if you're
- 00:04:19looking to enter at this time or just
- 00:04:21collect juicy premium but for the sake
- 00:04:23of just juicy premium I would sell maybe
- 00:04:26one or two 310 maybe 1300 and 1 one or
- 00:04:29two 280s and I'll show you guys exactly
- 00:04:32how to do this so what we're going to do
- 00:04:34is we are going to click on 310 sell 300
- 00:04:37sell 280 sell so we can see that we got
- 00:04:40an average price about $159 wait for the
- 00:04:42stock to pull back today if it already
- 00:04:44did that I will get filled if not maybe
- 00:04:46wait till Friday but we'll try to get
- 00:04:47filled on a dip and usually when the
- 00:04:48morning Bell starts usually during the
- 00:04:51morning Bell 9:30 the market will either
- 00:04:53dip or jump and whatever it does it
- 00:04:55usually does the opposite so if it dips
- 00:04:57within an hour or two it'll start to
- 00:04:59work its way back up if it ends up
- 00:05:00jumping a bit it'll pull back a little
- 00:05:01bit more on Market open but usually
- 00:05:03there's this sporadic movement within
- 00:05:05the first minute or two of the market I
- 00:05:07can usually get filled pretty close to
- 00:05:08the asking price so we're going to do
- 00:05:10like
- 00:05:111175 or 1170 which is not far off and
- 00:05:14then of course we're going to be selling
- 00:05:16two of each so it's going to be 1170 * 2
- 00:05:211170 not 1178 and we'll probably get
- 00:05:23filled pretty quickly in the morning
- 00:05:25we'll click on preview and as you can
- 00:05:26see we're going to make
- 00:05:28$2,336 this is one week in its own right
- 00:05:31this is going to generate $8,900 to
- 00:05:33$9,200 a month it's be like $99,000 a
- 00:05:36month we're going to go ahead and place
- 00:05:37this order and sell these puts and you
- 00:05:40can see that last week and the week
- 00:05:42before I've made pretty close to $5,000
- 00:05:46and I have more over here so in two
- 00:05:49weeks I've made very close to $7,000 I
- 00:05:52actually have my p&l that I'll show you
- 00:05:54on the screen right there which since
- 00:05:56December 18th I've made almost $7,000
- 00:05:59and that is doing this strategy and
- 00:06:01other strategies that I teach which I'm
- 00:06:03on par for roughly $25,000 this month
- 00:06:07selling very much the same strategy that
- 00:06:09I'm teaching you right now and so you
- 00:06:11might be saying Corey I need a lot of
- 00:06:13capital to do this well you do if you're
- 00:06:16selling six puts on micro strategy it is
- 00:06:19going to require $180,000 and you
- 00:06:22usually don't want to do more in a third
- 00:06:23of your account so realistically this is
- 00:06:25for people that have $200,000 or
- 00:06:27$300,000 accounts or bigger and that
- 00:06:30that's how you make this kind of money
- 00:06:31you want to make safe passive $110,000 a
- 00:06:33month uh that is how you do it it's very
- 00:06:36hard to make $110,000 a month very
- 00:06:39passively and very safely on an account
- 00:06:41that's $50,000 it's very hard you have
- 00:06:43to run credit spreads and other
- 00:06:44aggressive strategies which I can teach
- 00:06:46you and you can do and I have those
- 00:06:48videos you can watch them it can be done
- 00:06:50I've got students that have went from
- 00:06:51$88,000 to $40,000 in 5 months other
- 00:06:54students that have went from 30,000 to
- 00:06:5690,000 in the same time and then other
- 00:06:58students that have went from 300,000 to
- 00:07:00800,000 so it can be done but it's not
- 00:07:03passive you have to actively trade it's
- 00:07:05not as safe it's more riskier this is
- 00:07:07very safe very passive takes very little
- 00:07:10time and if you've got a lot of capital
- 00:07:11and you're looking to retire this is
- 00:07:13very easy to implement you don't have to
- 00:07:14stare at your computer all the time in
- 00:07:16fact I only trade maybe on these types
- 00:07:19of strategies maybe 30 minutes a week
- 00:07:21now I actively Trade A lot of the time
- 00:07:23several hours a week because I love it
- 00:07:25but on the times I don't this is the
- 00:07:27perfect strategy you can also sell naked
- 00:07:30puts which I do naked puts only require
- 00:07:32about 20% of the capital so for me to
- 00:07:34sell these six puts is only going to be
- 00:07:38about maybe
- 00:07:39$50,000 roughly so I'll still have over
- 00:07:43500k in capital available to trade this
- 00:07:45account actually is closer to 600k I'm
- 00:07:47waiting for money to clear in there so
- 00:07:49on a $600,000 account $50,000 is nothing
- 00:07:52and I'll sell these puts now the thing
- 00:07:54with naked puts that you have to
- 00:07:56understand is it's like a spread sort of
- 00:07:59because if you go in the negative you
- 00:08:00can just buy to close it at a slight
- 00:08:02loss or buy to close at a slight or
- 00:08:04marginal profit whenever you want and
- 00:08:07you only get a signed if you hold it on
- 00:08:08expiration or if it's in the money at
- 00:08:10the end of the closing bell at 4m. but
- 00:08:12usually before Thursday or Friday you
- 00:08:14won't get a signed it's very rare it
- 00:08:16happens but it's rare So what I'm
- 00:08:17basically trying to explain is when
- 00:08:19you're selling naked puts if you were to
- 00:08:21get a sign on all six of these 50,000
- 00:08:23would turn into 180 so you really
- 00:08:26wouldn't want to sell 50,000 worth of
- 00:08:28naked margin puts an account unless the
- 00:08:30account value is about 200,000 this way
- 00:08:33if you were to get assigned on
- 00:08:34everything you'd be able to cover it
- 00:08:35you'd have no margin calls no issues but
- 00:08:37if you know how to manage you don't need
- 00:08:39that $200,000 account if you were to
- 00:08:41sell $50,000 with a naked puts on a
- 00:08:43$100,000 account $50,000 cash which
- 00:08:46equals 100,000 with margin you're only
- 00:08:48utilizing half of your total buying
- 00:08:50power and if you're in a losing position
- 00:08:52as you get closer to expiration you
- 00:08:53could just continue to roll them out buy
- 00:08:55back at a loss buy back at a partial
- 00:08:57profit and just keep rolling out or
- 00:08:59selling more puts even lower if the
- 00:09:01stock goes up you can roll out and up if
- 00:09:03you understand how to manage these
- 00:09:06trades then naked puts aren't that risky
- 00:09:08but if you're the type of person that
- 00:09:09doesn't want to involve yourself in
- 00:09:11margin secured puts which is naked puts
- 00:09:13you can do cash secured puts they're
- 00:09:14very safe and your money is set aside
- 00:09:16and if you get assigned that capital is
- 00:09:18used to buy the stock same as the naked
- 00:09:20put but with naked puts you get to keep
- 00:09:23most of your Capital 80% of it or 70% of
- 00:09:26it on the sidelines for SEC Ops
- 00:09:28secondary opportunities so so if I sell
- 00:09:29$50,000 with a naked puts on a $100,000
- 00:09:32account I still have $50,000 in the
- 00:09:34interm of that week to get into other
- 00:09:36opportunities to make profits so as long
- 00:09:38as you know which opportunities to get
- 00:09:40into for SE Ops and you know how to get
- 00:09:42those opportunities how to manage those
- 00:09:43trades and how to manage the cash
- 00:09:45secured puts and how to manage the naked
- 00:09:48buts you can really leverage yourself
- 00:09:50nicely and powerfully to make money but
- 00:09:53if it's not for you you can sell cash
- 00:09:55secured puts it's very lucrative to sell
- 00:09:57cash secured puts on good stocks with
- 00:09:59good premiums I like Netflix Adobe MST
- 00:10:03Tesla other stocks like that meta Google
- 00:10:06Nvidia AMD great stocks and if you are
- 00:10:10looking at maybe doing monthly you could
- 00:10:11do the same thing we can go out to
- 00:10:13January 31st on all of these and what we
- 00:10:17would do is we would go in between and
- 00:10:19go maybe 5800 we could probably get for
- 00:10:22this so we would do 58 and then we'd
- 00:10:26click preview and for one month we'
- 00:10:28make1 ,500 so you see there's your
- 00:10:31$10,000 a month if you don't want to
- 00:10:32make a little extra which we could do a
- 00:10:35little extra if we were to go weekly but
- 00:10:39it's not a huge difference but it's
- 00:10:40definitely more lucrative but if we just
- 00:10:42want to set it and forget it today and
- 00:10:43just check up on it maybe once or twice
- 00:10:45a week passively there's your $1,500 a
- 00:10:48month very easy if the stock drops to
- 00:10:51310 you get a sign but bounces off of
- 00:10:53let's say the 300 comes down here and
- 00:10:57you get a sign let's say does this
- 00:10:59number you get a sign the next week it
- 00:11:00bounces and starts working its way back
- 00:11:02up these puts will expire worthless and
- 00:11:05they combine together $1,000 with the
- 00:11:07puts and you only get assigned on two of
- 00:11:10your three1 so you end up having an
- 00:11:13average price that's pretty low because
- 00:11:15you've got 310 is your average price
- 00:11:18minus
- 00:11:19$1,000 so and you're only buying four uh
- 00:11:22400 shares or actually 200 shares so let
- 00:11:25me show you guys exactly what that would
- 00:11:26look like since you're only buying 200
- 00:11:28shares and you've collected
- 00:11:30$1,500 we divide that by 200 that would
- 00:11:33be 5750 per share 310 minus
- 00:11:375750 giving you an average cost of 252
- 00:11:41so the ideal situation here would be to
- 00:11:44sell these puts for the month and near
- 00:11:46the end of the month you get ass signed
- 00:11:47on the 310 maybe even the 300 that's
- 00:11:50going to give you an average cost of
- 00:11:51like 252 255 it's going to be very low
- 00:11:55so now the stock is around the 300 mark
- 00:11:57and you have an average cost of 2 50
- 00:11:59then you can start selling covered calls
- 00:12:01that's where the wheel strategy would
- 00:12:02come in if you guys want to see that
- 00:12:03video leave a comment below let's move
- 00:12:05on to stock number two that I would
- 00:12:07implement this strategy on to before we
- 00:12:09get to the next stock if you guys want
- 00:12:12to join the ranks of my students that
- 00:12:14are making consistent safe passive
- 00:12:16income and are on their way to
- 00:12:17retirement and you really want to
- 00:12:19implement this strategy in your
- 00:12:20portfolio but you don't know where to
- 00:12:22begin or maybe it's confusing I would
- 00:12:23love to help you guys out you can sign
- 00:12:25up at anytime at invest cory.com the
- 00:12:27links in the information box below you
- 00:12:29guys can see the profits on the screen
- 00:12:31and I explained to you guys earlier how
- 00:12:32my students were able to go from 10K to
- 00:12:3440K 300K to 800k in four or five months
- 00:12:38this could be you but don't take my word
- 00:12:40for it let's take a listen to what my
- 00:12:42students Adam and Shane had to say when
- 00:12:44I uh first started off with options I
- 00:12:46knew nothing at all Cory's program broke
- 00:12:48it down into very simple steps Cory
- 00:12:51broke them down where it was nice and
- 00:12:53simple and I was like oh okay I totally
- 00:12:55understand that now how much are you up
- 00:12:56since the start of joining my program oh
- 00:12:59uh you know what hold on I'll give you
- 00:13:00the exact number let me bring it up on
- 00:13:02average I was making about
- 00:13:04$2,200 a month day trading that was
- 00:13:06average in the very first month that I
- 00:13:08started actually selling options it
- 00:13:10jumped up to 14K and right now in
- 00:13:12December I'm already up
- 00:13:1564,000 you went from day trading to my
- 00:13:18course and you were able to go from 2200
- 00:13:21to 14K correct and I'm up 165% right now
- 00:13:25if someone was trying to decide between
- 00:13:27my program or another Discord what would
- 00:13:30your direct and short message to them be
- 00:13:32Cory's program will save you time and
- 00:13:34make you money that's that's the bottom
- 00:13:36line right there what would you tell
- 00:13:38someone who is skeptical about learning
- 00:13:40from someone online like myself I bought
- 00:13:42into multiple different programs from my
- 00:13:45experience that Cory's is the safest
- 00:13:47very consistent and profitable how long
- 00:13:49did it take you to actually make back
- 00:13:51the cost of joining the Discord from the
- 00:13:53time I started trading I made my money
- 00:13:55back in 2 weeks 10 days if you want to
- 00:13:58count the actual Trading days 10 days
- 00:14:00and then I just looked at and I was like
- 00:14:01holy cow I'm like I just made $14,000
- 00:14:04this month I'm like that's like crazy
- 00:14:06you know just one month it blew away you
- 00:14:08know my almost my entire year of uh day
- 00:14:11trading what did you start off with in
- 00:14:12my program total Capital portfolio and
- 00:14:15what are you at now with profits started
- 00:14:17off with roughly 50,000 I had 25ish
- 00:14:20already like in stocks and now I'm up to
- 00:14:2370 75,000 so I started with 15,000 right
- 00:14:27I am now at $40,000 okay and I'm so
- 00:14:30proud it feels you know amazing to to be
- 00:14:32able to to share this because I know
- 00:14:34that there's so many people that will do
- 00:14:36the same right you have to just trust
- 00:14:39just trust Cory and Trust what he's
- 00:14:40teaching and what he's offering because
- 00:14:42he means so well so you heard what Adam
- 00:14:45and Shane had to say all you guys have
- 00:14:47to do is go to investor.com click on
- 00:14:50training watch the video it'll explain
- 00:14:52the answers to all the questions that I
- 00:14:54know you have then you'll be able to
- 00:14:56book a call my team and I so I can help
- 00:14:58you grow your portfolio and start your
- 00:15:01path to retirement right away I look
- 00:15:03forward to speaking with you and I'll
- 00:15:04see you when you're ready to join the
- 00:15:06next stock I like to run this strategy
- 00:15:08on without further Ado is Tesla now I've
- 00:15:11talked about Tesla on this channel quite
- 00:15:13a few times it's a great stock with Elon
- 00:15:15must going to be working hand inand with
- 00:15:17Donald Trump and the fact that Tesla is
- 00:15:19going to be releasing updates on their
- 00:15:21autonomous driving and their data
- 00:15:23acquisition Hub as well and involved
- 00:15:25with AI and Robotics Tesla is a
- 00:15:27no-brainer investor for 2025 and Beyond
- 00:15:31it is a great stock great company and
- 00:15:33Elon Musk is a very intelligent
- 00:15:36individual so with all those things
- 00:15:38being said Tesla would be a great
- 00:15:40candidate for selling juicy puts with
- 00:15:42lots of Premium so let me show you on a
- 00:15:45chart how to pick out the right strike
- 00:15:47prices on Tesla then we'll tie it
- 00:15:49together and I'll show you how you can
- 00:15:50sell some puts on Tesla and micro
- 00:15:52strategy every single week to generate
- 00:15:55safe passive income this way you can do
- 00:15:58the things you want to do while
- 00:15:59collecting juicy premiums and not having
- 00:16:02to worry about trading and spending all
- 00:16:03your time sitting in front of a computer
- 00:16:05now granted all stocks at any time could
- 00:16:08dip I have a lot of people come in and
- 00:16:10ask and say hey what do we do if the
- 00:16:11stock market tanks or the stock market
- 00:16:13goes down when a market is starting to
- 00:16:15come down or pull back it is a really
- 00:16:18good time to get assigned and enter
- 00:16:20stocks and time the bottom and what I
- 00:16:23typically do is if I'm going to be
- 00:16:24assigned on a put and the stock market
- 00:16:26is pulling back and I'm deep in the
- 00:16:28money maybe $10 $15 on Tesla or
- 00:16:30something like that roughly what I will
- 00:16:32do is I will roll out 3 weeks and down
- 00:16:35$20 so now I'm $5 out of the money sure
- 00:16:39I have a month but long-term stocks
- 00:16:41don't pull down forever there's been
- 00:16:43times where I've had to roll out a month
- 00:16:45and down and by the time we get out to
- 00:16:46that month maybe three and a half weeks
- 00:16:48out I'm still $10 $15 in the money so
- 00:16:50I'll roll out another month and down and
- 00:16:52all the while I am collecting juicy
- 00:16:54premium due to the volatility this is a
- 00:16:56very hard strategy to do on stocks like
- 00:16:58so
- 00:16:59palent here maybe nvidia's a little
- 00:17:02easier AMD is a little bit easier but
- 00:17:04stocks like micro strategy Tesla meta
- 00:17:07Adobe Netflix you can be 10 20 maybe
- 00:17:11even $25 in the money close to
- 00:17:13expiration if you roll out a month you
- 00:17:15can go down10 or $20 and still collect a
- 00:17:18decent amount of Premium I rolled a
- 00:17:20Netflix put a little over a month ago I
- 00:17:22rolled out and down two weeks I was like
- 00:17:24$10 in the money rolled out two weeks I
- 00:17:27was able to roll down $15 and still
- 00:17:30collected several hundred for one put so
- 00:17:33you can take advantage of this so let's
- 00:17:35say you sell a $420 put on Tesla and
- 00:17:39next week the stock drops to say 410 you
- 00:17:41can roll out two to three weeks and down
- 00:17:43to 390 and still collect one week's
- 00:17:45premium on a two-e roll out so you might
- 00:17:47lose a week or a half a week just
- 00:17:49depending on the volatility the Decay on
- 00:17:52it you know when you're selling it the
- 00:17:55bid and ask a lot of things it will
- 00:17:57depend on but long story short I just
- 00:18:00roll there's been times in 2022 where I
- 00:18:03was deep in the money $ 20 $30 on Tesla
- 00:18:05rolling puts out and down and it's
- 00:18:08unlikely to get ass signed if there's
- 00:18:10Theta so when you're within 3 to 4 days
- 00:18:12and there's no more than $ 20 or $30 in
- 00:18:14Theta I just roll out another week or
- 00:18:16two and down slightly and collect more
- 00:18:18premium and add more Theta basically to
- 00:18:20these options and eventually stocks are
- 00:18:23going to go up so that's how you get
- 00:18:24yourself out just keep rolling out and
- 00:18:26down and just keep collecting premium I
- 00:18:29done this it works it does not work on
- 00:18:32stocks like Sofi SoundHound paler
- 00:18:34because the volatility is not high
- 00:18:36enough and the stocks are not juicy
- 00:18:39enough there's not enough volume not a
- 00:18:41lot of uh Gamma or Delta Decay data
- 00:18:44Decay the implied volatility the bidas
- 00:18:47spread there's a lot of factors that go
- 00:18:48into it but when you are deep in the
- 00:18:50money on Tesla Netflix meta these type
- 00:18:53of stocks or adobe they have to be
- 00:18:55stocks that are over $400 maybe even
- 00:18:58Microsoft to some degree then you're
- 00:19:00able to roll out and down and collect
- 00:19:02more premium so it's a very good thing
- 00:19:04because if you end up rolling out and
- 00:19:05down consistently and then get assigned
- 00:19:07imagine that you roll out on Tesla from
- 00:19:10420 to 400 then you go another couple of
- 00:19:13weeks to 390 then another couple of
- 00:19:14weeks to 380 then another couple of
- 00:19:16weeks to 350 and after two months of
- 00:19:18rolling out and down and collecting all
- 00:19:19this premium you get ass signed on Tesla
- 00:19:21at 350 well when Tesla starts to reverse
- 00:19:24and go back up and works its way up to
- 00:19:25450 500 you have an average cost of 350
- 00:19:28plus all of that premium you collected
- 00:19:30so you really didn't get a sign at 350
- 00:19:32you did but your average cost is
- 00:19:34probably more like 300 you just keep
- 00:19:37collecting the premium keep stacking
- 00:19:38that premium So eventually when you do
- 00:19:40get a signed you're rolling out and down
- 00:19:43and continually doing that while
- 00:19:44collecting more premium so if and when
- 00:19:46you do get assigned your average is even
- 00:19:48further below where you get assigned and
- 00:19:49you're way down at the bottom so when
- 00:19:51the stock does start to go up you're
- 00:19:53immediately in the profits this is a
- 00:19:55very powerful strategy so on Tesla we
- 00:19:58can sit here and look at the chart the
- 00:20:01chances of Tesla outside of bankruptcy
- 00:20:03or something enormously bad for the
- 00:20:06company happening is never going back to
- 00:20:08277 in fact if I was to say what I think
- 00:20:12would happen if there was a problem with
- 00:20:14Trump and Elon and there was some type
- 00:20:16of catastrophe or something very very
- 00:20:18weird or just something not good for
- 00:20:20Tesla or Elon happened the floor is 325
- 00:20:25320 so you can see clear as day we got
- 00:20:29one 2 3 4 five and then all of this in
- 00:20:33here and here and here so there's a lot
- 00:20:35of support in here I would say safely
- 00:20:37between 300 and 350 300 to 350 is really
- 00:20:41the floor even if Tesla was to tank if
- 00:20:44you're selling 350 puts you're probably
- 00:20:46never getting a sign probably like look
- 00:20:48at this even if it was to go down down
- 00:20:50down down and just keep dropping and
- 00:20:52dropping 350s down here like even if it
- 00:20:55was to drop down here for a little bit
- 00:20:56and then start to run again this is the
- 00:20:58sweet spot what we're trying to do is
- 00:21:00accumulate put premiums over the course
- 00:21:02of the next few months so that if we
- 00:21:04were to get ass signed on a couple of
- 00:21:06our puts our average price would be
- 00:21:07around 350 or lower that's you know a
- 00:21:09little bit of a tall order but actually
- 00:21:11not as far out of the realm
- 00:21:12possibilities as one may think when we
- 00:21:14look at this chart I will show you where
- 00:21:16the layers or levels so to speak where
- 00:21:20to sell your puts would be right now 420
- 00:21:22is the juiciest because there's a lot of
- 00:21:24support here so you can see that Tesla's
- 00:21:2610 days above the 20 and they both
- 00:21:28crossed over the 100 and now we've got
- 00:21:29some resistance up here it looks to me
- 00:21:32like we have ourselves a double Peak and
- 00:21:34if we do Tesla is going to resist 474
- 00:21:37and pull back into the new year and when
- 00:21:39it does it's likely in the first two
- 00:21:41weeks of January that it'll sell off
- 00:21:43into the 420 range roughly into the 420
- 00:21:45there's a lot of support here so this
- 00:21:47week and next week going to January 3rd
- 00:21:50420 is slightly aggressive but it's
- 00:21:52still has a decent amount of safety in
- 00:21:54there but if I'm selling out Beyond
- 00:21:57third like maybe January 10 maybe
- 00:21:58January 17th to the 24th then what I
- 00:22:01would do is I would think for the 10th
- 00:22:02going out 2 weeks 400's very safe
- 00:22:05because then the stocks got to retrace
- 00:22:06break through all of these people down
- 00:22:08here all these investors that sold that
- 00:22:10are now going to try to buy it back up
- 00:22:11there's going to be a lot of resistance
- 00:22:13here it's got to break and fall to 400
- 00:22:15if this happens by January 3rd or
- 00:22:17January 6th or something like that then
- 00:22:19you just wait till maybe the 7th or the
- 00:22:20e8th and you roll out a week or two and
- 00:22:22roll down again to 380 it's another
- 00:22:24support line for Tesla or support area
- 00:22:27or area of Interest and this is what I
- 00:22:29like to do so what I'm going to do is
- 00:22:31I'm going to go over to fideli and I'm
- 00:22:33going to clear out these um mstr trades
- 00:22:35and I'll add them up for you in a minute
- 00:22:37so you guys can see how this works and
- 00:22:39stick around CU I'll show you how to do
- 00:22:40this on Weeble as well so we're looking
- 00:22:42at Tesla right now we can see that we're
- 00:22:44on the January 3rd I am going to sell
- 00:22:46cuz it's a little risky maybe we'll do
- 00:22:481420 and then we'll do 2 410s and 2 400
- 00:22:53or maybe we add it up a little bit uh
- 00:22:55differently we'll do 1420 2 410s and
- 00:22:58then we'll do 3 400s average premium is
- 00:23:01going to be 1775 we might get 1780 so
- 00:23:03we'll do 1780 and there we have it for
- 00:23:06just one week of puts we're going to
- 00:23:08make $1,700 we pull up the calculator
- 00:23:10I'll show you guys exactly what we're
- 00:23:11working with here
- 00:23:14$1,776 Time 4 so you can see right there
- 00:23:17$7,000 a month we could probably change
- 00:23:19this up a little bit if I was to edit
- 00:23:21and just do two 400s and instead do
- 00:23:24three 410 then that would give us an
- 00:23:27average of maybe 18 1880 preview this
- 00:23:33it's going to give us an average of
- 00:23:3418876 so we can see it's $100 more so
- 00:23:37we'd add $400 so this would give us a
- 00:23:39$7,500 income for the month on this
- 00:23:42trade with these six puts I sell the
- 00:23:44naked puts so it's usually about $10,000
- 00:23:47per put so these six puts would be about
- 00:23:50$60,000 which is about 20% uh of
- 00:23:53$240,000 so you were to sell six puts it
- 00:23:56would cost roughly $24 $40 something
- 00:23:59th000 with cash secured puts but with
- 00:24:01you know margin secured puts naked puts
- 00:24:03it's around 60k so I will essentially on
- 00:24:06a $500,000 account or almost $600,000
- 00:24:09account now I will sell six puts on
- 00:24:11Tesla six on micro strategy so
- 00:24:13essentially that's half a million doll
- 00:24:15worth of purchases which I have which of
- 00:24:17course would be my entire account but on
- 00:24:18the margin side of things that's only
- 00:24:20about1 130,000 which is 20% of the
- 00:24:23account so I'm only really putting 10%
- 00:24:25in Tesla 10% in micro strategy then I
- 00:24:27get to decide which ones do I want to
- 00:24:29get assigned on if the stock is dropping
- 00:24:31to say on Tesla here on the chart if the
- 00:24:33stock was to drop down to 420 right
- 00:24:36around here and it looks like we're
- 00:24:37going to get a sign we can buy this back
- 00:24:39at a small loss and if it looks like the
- 00:24:41other puts are good ride them out for a
- 00:24:43profit also if I notice the stock is
- 00:24:45dropping and I'm in danger of this put
- 00:24:46being assigned I'll roll it out and down
- 00:24:49to where these puts are and then I will
- 00:24:52buy these puts back at like a 70 or 80%
- 00:24:54gain or whatnot or roll them out and
- 00:24:57down as well so this one will go out and
- 00:24:58down and these two will go out and down
- 00:25:00like this so that I'm constantly playing
- 00:25:02it safe and collecting juicy premium all
- 00:25:05the time if you guys have also used
- 00:25:07Weeble you can do the exact same thing
- 00:25:09we go over to micro strategy and we
- 00:25:12could look at the puts for January 3rd
- 00:25:15same thing I can go here and I can click
- 00:25:17on the 310 or 320 wherever I want to
- 00:25:21sell these puts at and I would say 310
- 00:25:24is really good we'll click on here and I
- 00:25:26will sell this put we'll do two of these
- 00:25:29and we'll try to get filled for $475
- 00:25:31then we'll click place order this this
- 00:25:33gives us right here our graph and $950
- 00:25:36Profit just on those two alone but we
- 00:25:38can also add multiple orders on Weeble
- 00:25:42so you could do that as well uh Wee's
- 00:25:44really good brokerage they have the
- 00:25:46after hours and they have the overnight
- 00:25:48as you can see here uh micro strategy is
- 00:25:50down to 357 in the overnight hours
- 00:25:52Weebles replaced Robin it for me because
- 00:25:54they have the overnight hours very
- 00:25:56powerful platform you can see I'm
- 00:25:57Trading SoundHound right now I'm up
- 00:25:59$3,000 in SoundHound I'm up on my
- 00:26:01covered calls I've been selling covered
- 00:26:03calls pretty religiously on this stock
- 00:26:05and not to mention this account started
- 00:26:07with 1,500 and it has 4,100 so with
- 00:26:11sound hound and selling some covered
- 00:26:13calls in a matter of two and a half
- 00:26:15months I've turned 1,500 into 4,100 I'm
- 00:26:18going to roll this covered call to $20
- 00:26:22from 19 and I'm going to roll out to
- 00:26:24January 10th which is going to allow me
- 00:26:26to collect
- 00:26:29for whatever reason there we go it's
- 00:26:31going to allow me to collect another
- 00:26:32$210 so I would say by the end of
- 00:26:35January this account will be over
- 00:26:37$55,000 so I'll have 3x this account and
- 00:26:40I started this account with SoundHound
- 00:26:42near the middle beginning to middle of
- 00:26:44October so January marks three months so
- 00:26:47three times return in three months so
- 00:26:49it's about 100% per month with
- 00:26:51SoundHound been doing very well with the
- 00:26:53covered calls here on SoundHound but you
- 00:26:55can Implement uh this strategy on Tesla
- 00:26:58micro strategy as well as any stock you
- 00:27:00wish on Weeble the same way you would on
- 00:27:03any other stock on Tesla we go January
- 00:27:053rd go down to 420 see how it shows in
- 00:27:08the money is above very organized and
- 00:27:10Weeble click on here to sell we could
- 00:27:13also with Weeble you can change the
- 00:27:15strikes inside this menu here you can
- 00:27:18place the order just like so but you
- 00:27:20can't place it after hours and you have
- 00:27:22to place them individually but Weeble is
- 00:27:24another great platform so let's put it
- 00:27:26all together and show you how you can
- 00:27:27run the strategy micro strategy and
- 00:27:29Tesla at the same time for the month so
- 00:27:31you don't have to watch your account
- 00:27:32instead of doing 420 410 and 400 on
- 00:27:35Tesla we're going to do 410 400 380 this
- 00:27:38way there's more room for the month as
- 00:27:39the stock could fold down a little bit
- 00:27:41we don't want to get too far ahead of
- 00:27:43ourselves we want to be a little bit
- 00:27:44safer so we're going to do 2 410s 2 400s
- 00:27:482 380s and we'll get filled somewhere
- 00:27:51around maybe 4920 4910 let's just do
- 00:27:564920 there we go and you see preview
- 00:27:59right there we're going to collect
- 00:28:03$983,000
- 00:28:15300 we're going to move it down just a
- 00:28:18little bit although we're very bullish
- 00:28:20on micro strategy so maybe we'll do 2
- 00:28:22300s 2 290s and 2 280s and we can see
- 00:28:27the average cost cost the mid is
- 00:28:295137 we could probably be filled around
- 00:28:335150 honestly so we could do that
- 00:28:36preview and you can see for the month
- 00:28:37it's
- 00:28:39$1,296 there we go so for the month
- 00:28:41generate
- 00:28:44$2,132 and this is what I'm trying to
- 00:28:46explain to you guys it's very safe
- 00:28:48consistent passive income because what
- 00:28:50we're doing is on Tesla we are actually
- 00:28:53selling 410 down here
- 00:28:574380 so these three spots right there so
- 00:29:01this is a very safe area to be in
- 00:29:03because Tesla is likely to bounce on the
- 00:29:05400 anyway and if we look at micro
- 00:29:08strategy doing a 310 is down here so
- 00:29:12I'll give you guys actually just delete
- 00:29:14this drawing so you can see it better so
- 00:29:16we're selling a 310 a 300 and a 280 so
- 00:29:19we got one right here one right here and
- 00:29:22one right here giving us a lot of
- 00:29:24downside for one month and then we could
- 00:29:26roll out if we have to this is 20 ,000 a
- 00:29:28month income requires 100,000 of naked
- 00:29:31capital and
- 00:29:33requires
- 00:29:36about change 400,000 in cash secured
- 00:29:40Capital now you can run this in a
- 00:29:41smaller scale let's say you only have a
- 00:29:43$250,000 account or a $200,000 account
- 00:29:46then you can run half of this you can
- 00:29:47make $10,000 a month if you only have a
- 00:29:49$100,000 account then you'd have to run
- 00:29:51a quarter of this which would give you5
- 00:29:53to $6,000 a month passive safe income
- 00:29:56and you could see this would be very
- 00:29:58easy to coordinate if we were to go out
- 00:30:01and do week by week and let's say you
- 00:30:04have a $100,000 account well then you
- 00:30:06would be able to sell three puts three
- 00:30:09Cash secured puts or very safely you
- 00:30:11could sell four or five and use margin
- 00:30:14and leverage and you could do four or
- 00:30:16five uh margin or naked puts because
- 00:30:19these five puts would essentially put
- 00:30:21you at 150k but we're going to buy them
- 00:30:22back for a loss or roll them you
- 00:30:24definitely don't want to get a sign but
- 00:30:25if you want to grow a small account fast
- 00:30:26which I'll have a video coming on how to
- 00:30:28leverage margin for naked puts and naked
- 00:30:30calls if you guys want to see that put
- 00:30:32your comment below as well and what
- 00:30:34we're going to do is go to micro
- 00:30:35strategy week by week we can sell more
- 00:30:37aggressively so we will look at 310
- 00:30:40maybe and you can sell three of these so
- 00:30:43maybe we do 2 310 and 1 300 to do this
- 00:30:46safe and we'll do two 310 and we'll do
- 00:30:501300 so there we go 1840 or actually
- 00:30:541357 so we'll do 1360
- 00:30:58preview will be doubled up so we'll
- 00:31:00generate 1358 per week so if we do 1358
- 00:31:05per week Time 4 it's $5,500 almost so
- 00:31:08roughly about 5,500 bucks on $100,000
- 00:31:11account 5% very safe you can turn this
- 00:31:14around and change it a little bit and
- 00:31:15you could just sell 310 and maybe do it
- 00:31:18315 so you could do two 310 and do 1 35
- 00:31:22and get filled at 1510 preview and there
- 00:31:26you go will be500 $100 a week if we do
- 00:31:29158 * 4 generating $6,000 a month 6%
- 00:31:34juicy premiums every single month if any
- 00:31:37of this in this video confus you and
- 00:31:39you'd like to join the Discord the
- 00:31:41coaching and the training I would love
- 00:31:42to help you guys you can sign up at
- 00:31:44anytime invest cory.com links in the
- 00:31:46information box below and I will catch
- 00:31:48all of you guys on the next video take
- 00:31:50care of yourselves
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