people should not own socks at all because they just get
too upset with price fluctuations if you're going to do dumb things
because your stock goes down you shouldn't own a stock at all i mean if
if you buy your house at thousand dollars and
somebody comes along next thing says i'll pay you 15. you don't sell it
because the quote's fifty you save money you can buy bonds you can buy a farm you
can buy an apartment house or you can buy a part of american business
and if you buy a 10-year bond now you're paying over 40 times earnings
for something whose earnings can't grow and
you know you compare that to buying equities good businesses
i don't think there's any comparison youtube family in this video
i'm gonna show you guys how to make a thousand dollars or more
weekly in the stock market it is something that
insurance companies and banks have been using to create
wealth for a very long time absolutely free information and i'm gonna take you
step by step how to do it so you guys can change your
financial futures you can have your money make money for
you instead of you getting out there having to work to
earn the income and it is a passive strategy
i hated the saying that it takes money to make money
but after you see this video you'll understand why
insurance companies collect money from you and they throw it in the stock
market and grow their income to pay for all the
people that work for them i'ma show you guys how to do it right here
if there's ever been a video to get you motivated to stop buying bullshit
like air jordans or cars you can't really afford
right now so that you can save some money and have it working for you so
that later on you can afford all those luxury items
this is your video we're gonna jump into my account
and i'm gonna show you how to do an option trading strategy
where the only thing you will lose is time
that's all you lose as long as you pick a good start you won't lose your money
you'll simply lose time so without further ado please subscribe to my
channel click on the notification bell so when i
drop these stock market life game videos you get them
also download my robinhood app you guys get a free stock
i get a free stock and the platform i'm using today
is robinhood let's jump on the computer and let me show you guys a big option
trade i'm about to okay my peeps i'm in my robin hood account
and if i have to pause and come back it's because my one month old baby
is in between sleep but i wanted to try to do the best i can to get this video
done this week and for those of you who are new to
trading what we're going to be doing is called the wheel
strategy where you're only going to be selling
puts and calls and you start with selling a put
now america does have a huge income inequality issue because there's a lot
of knowledge that have been passed down through generations that a lot of people
don't get their hands on that helps you create wealth along with
some other factors that i won't get into but if you're willing to self a short
term pain of saving a lot of money and then learn
how to do this strategy you can have long term gratification
doing what we're going to do in this video and so i've been doing
this for about eight weeks now and it's worked out well for me
and you can make a lot of money depending upon the tier of stocks you
pick and today the market is doing real well
i got tesla and tesla's at 1764. so i've created a list of the stocks
that i like to do my options with and i list them by how
much they're worth terms of the stock price because you
tend to get more premium with that so let me go to the one that
i'm going to do this week and i'm gonna be going for wayfair y'all
heard the commercials wayfair you got just what i need
i'm doing them this week so what would what you do is first and foremost you
need to make sure you pick a good company
a good company is a company that even if we have some kind of volatility
and we have a dip in the marketplace a war starts somewhere
you will be able to know that if you wind up having to get stuck with the
stock the company is going to rebound for you
and one way you can just kind of check the history of the companies you come
and see what they've done in five years and look at that in five years wayfair
has done gang busters up 500 percent then you
would check the year up 180 right there
check the three month average still up check the last month average
still up check the week average still up and then you kind of see what they're
doing to the day still up ladies and gentlemen this is a perfect stop
it doesn't get any better than that and if you want to do a little bit more
detail you come over here and see the volume
you always under most circumstances want to see the volume
somewhere around a million or better always check on that
and then you can come and look for their earnings if they have them
and let me see here they do have earnings this was their last
expected earnings and that's what they actually did
that's a great stock ladies and gentlemen that checks all the bars
you can't go wrong they beat their last earnings right here in this quarter q2
they was expected to be here they went there this is a stock you want to trade
options with and so the trade options on robinhood
you come over here where it says trade options
all right and then you're going to click sell
and you're going to start your wheel with a put okay
and then you make sure you check the expiration date not all stocks go
month i mean week to week some of them do month to month some of them do every
three months i like doing putting my money at risk
only for a week all right and then this is the share
price currently this right here is called your strike
price and the strike price is a number set
below the share price and what happens is if the stock on
the expiration date at 4 30 is here excuse me four o'clock is here you might
get stuck with having to buy a contractor to stop contract of the
stock is a hundred shares so what you're about to leverage is on
this stock you will multiply by a hundred
and that be like thirty one thousand and some change
that's what you're going to be leveraging to make this premium
so you will multiply this by a hundred as well as this
and they're going to pay you this money up front you get
that right now so you're going to be getting 745
right now today right now and if you wind up getting stuck with
the 100 shares of the stock all you would do is take that stock come
back and sell a call and then you're gonna
make you pick one of these numbers up here that you like
you can pick this one and you sell it pretty quick you get
eight hundred and thirty dollars up front plus you get the difference of 310
to this meaning that you're going to get that
profit on this number plus you get this plus you already got the 700 so you come
out like a fat cat if you want to get in stuck with the
stock and the only thing you have to lose
in this strategy ladies and gentlemen if you pick a good stock like
all the tiers i just showed you with this one is time
that's all you're going to be losing is time you're basically putting your money
out there as collateral for other people to buy the stock at a
set price which is why you get paid that and then if you wind up getting stuck
with the stock at the end of the week or whenever your contract expires which is
this then you just turn around and you sell
the call which is your 100 stocks and you make the difference between this
number and that number plus you get that up front
so let's go ahead and execute mine and i have complete faith in wayfarer so i'm
going to pick this number now most analysts will tell you
you see it shows you chance of profit most analysts would tell you do 70
percent or higher but as you can see when you do
that your premium drops which is fine if you need
your money back if you're really worried about hey i need that money back
and you're just trying to get your feet wet in this thing with a few
you know small tier stocks that's fine i understand that
pick the safest number you can for a chance of profit go way down here but
remember your premiums are going to go down so
what i'm going to do because i pretty much believe wayfair is going to
do better than this number by the end of the week
i'm not worried about it i'm going to select this
all right and then once you selected you come over here to continue
and you're going to do one contract all right not 11
1 and you see that's 100 shares one contract each was 100 shares
now robin hood gives you a price that you can give a range for now if you
really really want this thing to go you really want to sell you will go on
the low end but if you really think that it's going
to stay um the price is going to stay above 312 you
can bump this up to 790 if you want you can leave it there
now and you see the minimum credit that they're going to pay me is 7.50
you get that up front right now so keep in mind you see that number right there
some of the cash is going to be subtracted from this times 100
and what you're going to be remaining with is the remainder of that plus this
number so let's review it and then you can do that if you want but
i'm not um i'm fine with that price sometimes as
the stock is wide bid you can increase your premium up a little bit but i'm
fine with that so you just click continue and you see
i'm agreeing to do 100 shares a wayfarer at 3 12.50
on or before august 21 if you aren't asked to buy by then you'll keep your
collateral and the full 765 credit
that's what we want so i'm going to submit ladies and gentlemen you're done
that is it i got one contract out there this is the total credit that they just
paid me immediately that's the collateral i put
out there and ladies and gentlemen you can do this
all times with a bunch of stocks and i'm a click out of
this and show you some lower tier stocks if you guys are interested now you see
they've already given me my collat i mean my credit so i've got a
bunch of lists so let's just say you don't have the
amount of money i just put out there to make that amount of cash i'm gonna show
you some starters and then i'll show you what you're trying to work toward doing
so you can always start out with lower tier
size stocks so like a hundred dollars in less so let me click in my list of 100
dollars in less right there are some good stocks in here
you guys can pick if you just want to play around and get your feet wet
so if you was going to do a contract for ford
they're okay but i wouldn't pick them because
they are too help to skeletor in their growth but plug power
is a great one blink is a good one neo is a good one
um virgin galactic is another good one so let's pick plug power
that's one that's probably my favorite one okay
if you want to do a contract on plug power
you're gonna sell a put so you're putting your
cash as collateral for a hundred shares at this price
and you see it expires this friday this coming friday
they would pay you if you decide to take this one you're going to get paid 32
dollars because you remember you multiply it by a hundred
and you multiply that by 100. so let's just say i want to do this one
all right you continue you're going to do one contract
you're going to get the minimum credit immediately and that's what it's going
to cost you something you can just start out messing
around with to just get your feet wet to build some confidence this is a smaller
end stock price that you can do and it seems
from what i have learned ladies and gentlemen
the higher the stock price the more premiums you pay because the volatility
and other individuals who are probably
institutional buying these stocks so let me take it
show you guys what you're ultimately trying to get to you ultimately
want to get to the point where you've got enough collateral where you can do
contracts on something like amazon take a look at what amazon does when you
trade them this is what you're trying to save your money and ultimately get to
your money making money for you all right you're gonna do a put sell a
put and this is this is this coming friday ladies and gentlemen today is
august the 17th all right it will cost you 316
000 if you have that just sitting around but look at what you're gonna make
you're gonna make three thousand and eight hundred dollars in a week
ladies and gentlemen that's life-changing money for doing nothing
but letting your money sit on a stock that you know is going to
continue to grow every institutional place in the world
puts money into amazon every single one of them and if you have
the cash to do this you could come in here and make 3 500
2900 a week and you do the math on that you do 3 500
over a month you know you're talking 3 500 times 4 it's almost about 15
grand in a freaking month which you're doing nothing but
just letting your money sit there as collateral
and if you got stuck with the stock all you would do let's say you got stuck
with the stock at this price all you would do
that week is just turn around the following monday
sell a call and then you're going to get paid
whatever number you select over here so it'll be like another 3
300 on top of what you already got to sell the stock at a price higher than
what you had it for so ladies and gentlemen this is also a
good strategy if you want to bet on getting a stock on a discount
like you're hoping to stock dips for a day or two just because
there's not a lot of volume in the trading of the stock but ladies
and gentlemen this is a great strategy i highly highly employ you all to just
take a look at it and save up some money so that you can
do it and let your money make money for you so that you can leverage this
playing field get into american capitalism actually
feel good about it and have your money working for you so that
you can pass down generational income to your friends your family and those
that you care about and that's going to do it for this video
don't forget to like the video comment subscribe
get yourself a life game make yourself a thousand dollars or more a week
by just hunkering down saving your money and doing some good
option strategies with the wheel strategy that i just showed you guys and
you got questions or comments you want to hit me up
on instagram dm me or instagram and i'll be there to try to reply to your
questions and until that next sexy as hell video
i'll see