what's up you guys i thought i would
give you a little treat on some stocks a
lot of you guys
like such as neo workhorse and some
other stocks but specifically
watch me trade for 10 minutes in this
video i'm going to show you guys what i
do with
options every monday and put up the
exact premium that i collect
in the collateral that i need to have to
make those trades
i'm going to be going over some charting
and put up the live totals on the screen
i know not everyone understands selling
puts but i'll explain
more of that in this video and the
course is about 30 days away and i send
all of you guys an email if you put your
in the free link in my description below
on what i'll be doing for the first four
weeks of the course
no you do not have to have the capital
that i trade with to make income
i think 5000 is just fine i took off a
facebook trade from this video because i
wanted to keep this video
very feasible for investors because i
know not everyone trades with six
figures
either way the point is options can
produce income and help you guys
enter into stocks at better prices when
you sell
puts for entry points i'll be making
more videos on entry and i know that is
a very big topic as well
i'll show you guys some of my thought
process on that without further ado
let's get into my monday morning trades
and results
what's up you guys so today we're going
to be doing some live trading i'm going
to be trading some
options and selling puts primarily and
creating that income which i will be
teaching
in my future course in about a month
from now so i'm going to be starting off
with neo stock i know a lot of you guys
love neo
i love neo i have neo in my other
portfolio
and here we go so if i go to yahoo
finance and i type in
neo i'm going to be looking at the
charts i just want to see where the
support lines are
and um so i've already kind of created
this so
looking at the moving average for 30
days it's about 1783 so i know
internally i am happy selling a put
which just means that i am obligated to
buy a stock
at a certain price a lot of you guys are
getting the hang of this put selling
stuff but essentially
it just means that i'm ready to buy the
stock
and because i'm obligated to buy it i
have to
um i get paid for that i basically get
paid so i'm going to be selling a put
generally speaking puts our bets that a
stock will go down
and since i am selling a put that means
someone is trying to bet and i am trying
to take the opposite side and say hey
i don't think it's going to fall this
low so here we go i'm going to look at
the 17
the bid ask spread is very nice that is
what i look for
and if you guys look at this real quick
i'm going to be trading a one week
option expiring this friday
and it's 17 and it costs
about 1 700 worth of capital
so it's about one percent in one week
there we go
continue we're gonna do
you know what i'm gonna do three of
these bad boys i
am confident sixteen dollars so there's
forty eight dollars
review order okay so that's uh five
thousand one hundred dollars in
collateral
submits
48 dollars putting it on the bottom of
the screen we're gonna be
counting exactly how much money i make
on monday morning
all right the next stock i'm going to be
doing is
jp morgan chase i just love the brand
i think they have a phenomenal dividend
and they have been beaten down
quite a bit recently so if you look at
the stock it has
really been beaten down and now it's
really recovering i'm super bullish and
i love this stock
so let's trade some jpmorgan chase
here we go and i'm gonna do the same
exact thing that's all i'm doing monday
morning
today actually i already have a ton of
tesla stock so i don't need more stock
i'm actually
kind of at the limit of what this my
main portfolio can hold
i have other portfolios but this one i
don't want to buy any more stock because
it's already
full of stock so i'm just selling puts
to create that income
all right now looking at this stock to
be honest i
am just really comfortable with it i
don't think it's really going to fall
and if it does fall
it's not going to fall below 92 because
we have some really strong support and
has not been at that area
for um since july so it's been a couple
months
almost three months now and the rsi is
just 43
meaning that it is kind of being sold
way too much
the volume for selling has been heavy
and now we have
new fresh buyers and i want to be a
buyer
so in fact i would actually buy this
stock there's nothing wrong with that
but i just feel like trading options
today
so let's go for the let's see 94.
to bid ask spread decent volume very low
implied volatility which is not a good
thing for options
you sometimes do want to have higher
implied volatility but that's okay
because
jp morgan chase is a safe stock i'm
about 82 dollars here
let's see what's going on here about 50
that's about half
a percent that's not too bad i think i
might actually go for
both so let's sell this guy
here we go one uh i'm not gonna be
greedy i'm just gonna take 80 bucks not
81.
if it asks about it 79.82 so it's a 9
000 400 trade collecting eighty dollars
yes i collect eighty dollars up front
regardless of what happens
i've already collected that so 80 more
dollars put that on the
screen now we're gonna do 93 i'm gonna
do the same exact thing
and i literally don't spend that much
time trading
because i don't believe in staring at
your screen all day
trading it makes no sense i'm going to
be teaching people how to create income
like what i'm doing now in just a few
hours a week i'm not a fan of sitting
there all day
we have better things to do in our life
but we do want to make some money
boom there we go we got jp morgan for
the
second time second contract i just sold
another 49
and another 9 300
bet so i'm going to be counting up the
total collateral as well i will let you
know
side by side with the premium being on
the left side and the collateral being
on the right side the next stock is
american airlines i talk about this
stock
all of the time on patreon we make
stupid
money on patreon from american airlines
and basically the reason why we make
stupid money
is if you look at the three-month chart
right it's been going up and down up and
down it's been
doing nothing which is actually
phenomenal for options because i make
money when stocks go up down or sideways
i know how to do
all three scenarios that's what i'm
gonna be teaching i'm so excited
um by the way happy monday morning
so essentially american airlines has
been going up and down
and that's really good because i'm an
option seller so i'm creating
income every time i'm selling those
options and because i'm selling puts and
kind of
guaranteeing myself if the stock goes
down i have to buy it but that's fine
because it never goes down
too much whenever i get put a stock
let's say i get put
american airlines out of like 12 dollars
per share it always jumps back up
and i'll sell another put i get put
right and then it jumps back up and it's
just going up and down this has been the
best stock to trade
literally what i'd be posting on patreon
all the time
trade american airlines sell put
there we go by the way i want to open up
a
free month of october for all new
patreon members
i don't know how to do that but i'm
going to be doing it so if you want to
sign up
for patreon now and i don't figure that
out i will always refund your money
because
the next month and two days will be free
on me i want people to check out patreon
i want them to see
how it is so yes go check out patreon
and if i don't figure out how to give
you guys that free promo
just send me a message on patreon at the
end of october
and say henry i want my free month and i
will give you that free month because i
am able to do that
all right selling puts october 2nd this
week i'm going heavy on american
airlines because it has
so much premium and i just know
internally that i like the 12s but i'll
show you why i like the 12. so aal
let's take a look at the chart and boom
chart
[Music]
so we have been hovering around uh
it is blocked so okay not anymore now
it's 12.77
is the moving day average but that is
like a very big chart so if you look at
the three months it is
still 1294. that's okay i'm being a
little bit aggressive with the american
airlines because i think that it's
really
supported by the government i think it's
like government-backed
and i you know people are going to be
flying eventually people can't just stop
flying
and i'm uh basically airlines cannot go
bankrupt you know they can't because we
need them they're essential
to our society so basically i'm very
comfortable with american airlines i
think they have a great brand
and people are starting to fly again
although we do have a third wave
it's okay i think it is going to go away
eventually i really hope it does
and i definitely want to travel myself
so i think american airlines has a
strong brand it has really strong
technicals it has a lot of sideways
action
and obviously lots of support so 1177
was heavily supported and bounced back
very fast
so i'm looking at about 12 dollars per
share would be very
attractive in my opinion so here we go
about to collect
17 in each of these contracts i'm going
to be putting up about 1200
worth of capital i'm gonna be making a
six thousand dollar
trade i feel comfortable with about six
grand
or seven grand is that seven grand nope
six grand i was right the first time
so yeah we're gonna collect eighty
dollars for six grand yeah i'm not
collecting a lot of premium but if you
think about it this is just
one week and this is over one percent
per week which is absolutely insane you
can get stupid
rich and collect lots of income and
premium um
again check out patreon and this is what
i'm going to be teaching i'm so excited
about this
um 16 great submit
let's add that to the monday morning
money all right the next stock that i'm
going to be trading
is workhorse everybody likes that
workhorse
that workhorse is sweet waiting for that
usps
contract it has a nice market cap
of a small 2.72 billion dollars
now i have not been a fan of workhorse
as much as i used to be
although this stock is really positive i
just kind of didn't want to wait
so long for all that news to come in but
i do want to trade this because i'm
looking at the technicals
and it's looking like the stock is very
strong and i know
it's looking like this stock is strong
and i know a lot of you guys
are big fans of workhorse so let me make
a little bit of a trade here
basically i'm looking at workforce very
differently from what i just did
previously with american airlines and
other stocks essentially i think
workhorse has a very strong momentum
and it's been bouncing off of this
short-term support line now i don't
think this is an
actual support line because workhorse is
in a very huge uptrend and any bad news
could really skyrocket it down
that being said i don't have any bad
news on my end i think this is a great
stock
and i love the mission and purpose that
they have
in this in the stock market and their
company in
general so what i'm going to be doing
here is i think there is some
short-term support at 22 so i'm going to
trade
the 22. what costs
trade options sell them
puts yep selling puts creates income
i don't buy options i sell them for that
income 22 and a half looks like it's 48
that is more than one percent in a week
that is too risky for me
um although that is a huge premium like
if you're interested in that
go ahead but um not really advising
against doing any of this stuff i'm just
doing this for education purposes and
showing you what i
do i think 22.5 personally is a little
too aggressive for me
now looking at this is about one percent
this is amazing
right 20 dollars and 50 cents that is so
far away from the current price
so let me sell this continue and
one oh that's that's not good though you
guys see how it's a 15
25 in the bid ask that means it's kind
of wide
um that's not as good so i'll put in
point 19
if it even lets me because it might ask
me for increments of
5 cents yeah options
do you want to update your limit price
to 19. yeah you see what they're doing
i had a feeling no i don't want 19
i mean i don't want 15 i want 20 at
least so let's try let's try
try get 20 bucks for this submit
and we'll wait
oh we got filled yes i am lucky this
monday morning it is a beautiful monday
and we're about to be starting october
and october 31st is my birthday on
halloween and the course will be out
about halloween as well
so it's a great monday morning and we
just collected
20 more dollars put that on the left
side and the collateral was 2050
about 1 for the week so put the
collateral on the right side as a total
now you guys can see what's going on so
far this monday
all right guys so those were all
relatively cheap trades aside from
jpmorgan i know a lot of you guys asked
henry could you please do
stocks that are not as expensive and
there you go they were not as expensive
all right guys so that is an example of
making 277
on just a little over 31 000 of capital
you can see how i am getting near one
percent a week in premium and i have
some weeks where i do much better than
that
i kept the trading relatively small
because i know a lot of you guys are
beginners and my goal is to take someone
from
zero experience to intermediate and
making weekly money
so be patient i'm going to release the
course end of october
so we are about to all get a dose of
daily knowledge and experience from
uncle henry i hope this video taught you
more on what i do with the options and
i'll be back with some videos
very soon i see the virgin galactic is
exploding so comment below
what stock you want me to cover this
week virgin galactic is one of them just
give me a thumbs up and smash
the like button i took a couple days off
so i forgot what it's like to be on
camera
but smash the like button for uncle
henry and i'll be back with another
video very soon and
yeah just help out the youtube algorithm
i love you guys
and i'll see you tomorrow oh and be
aggressive with learning but be safe in
investing
give me a fist
[Music]
me sees bump
sees me save me
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