Easy Trading Income: Covered Calls & Credit Spreads
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Be oh time, foreign uh mum, um boy, oh boy, are we gon na have a fun one today, i'm gon na learn you all about covered calls and credit spreads. You know many many things out. There would charge money for this type of thing. You know what i think is funny me being a petty person, who's willing to go beyond extraordinary measures and means to troll someone.

You know i'm gon na do all this we're gon na give it away for free f-r-e-e. We are gon na talk about making some money passive income strategies in the options market if you're, looking at your p l over the past month over the past six months over the past year and you're, seeing it being red and not green and you're saying hey, I might need a better trading methodology you're, definitely going to want to pay attention to this 100 gon na want to pay attention to this. Yes, we'll quickly give you a little bit of an insight of what's going on the market today. I do want to give you an update on some short interest numbers and overall markets, but we are going to spend the lion's share of time.

Talking about covered calls. Credit spreads solid, systematic options, trading methodologies that will consistently make you money if you are appropriately applying it. Let me repeat that one more time making money consistently monthly income strategies to make your wallet that much fatter we're going to be going over it in detail. And if i can speak quickly enough and get through it in time, uh we're going to save some questions.

For the end, so with all that being said, let me hop right over to it folks very, very excited, so here's a quick snapshot of the s p 500 for today february, 8th uh, things are pretty green. Honestly, it's been a pretty solid day. Things were kind of ripping we popped up, took a little bit of a breather and we're kind of ending. On a positive note, there's a bunch of green in the market, amc's up, eight percent jimmy's up nine point: seven percent.

That means amc's clearing like this remember when i was talking about 1660. This morning we overshot at 1680, taking a breather and we're trying to recapture that other level, around 1625. gme training at 112. At the exact level we were calling out on the breakout of 105..

So things are looking green right now, things are looking bullish, let's see if it can continue um in terms of the overall market. Just you know so yesterday we had an inside day kind of rare. Today, we have an outside day so inside day is when the high and the low are in the previous days, high and low and outside days when the high and the low are on the extreme, the high is higher and the low is lower. So we went from an inside day to an outside day.

That's actually a rarity um to see those back to back. So overall, that's kind of the picture. If you look at like the bigger time frame, you can see that we're sideways trading. This is not really trending up, not really trending down and not trending.

Not up not down is a perfect perfect time to be talking about selling premium selling calls selling puts, which makes today's video topic that much more useful, i'm very, very excited to get into it. But before we do just to give you a quick update, amc has an estimated short interest of 21.27 with the utilization of 82.. Gme has a short interest estimation of 21.85, with the utilization of 86., the s p 500. The overall market has an estimated short interest of 37.
The nasdaq has a short interest of 20.2 and the russell is now being shorted over 50. We are at 50.3. So that's your quick snapshot of what's going on now, let's get over to the kind of teaching session of everything all right. I don't think you guys can see that, but you should be able to see this perfect, perfect, perfect, all right.

So i want this up, because this is going to be easier for everyone to digest and also for me to teach, if it's more of like a visual thing. So, okay, let me let let's get drawn, let's draw a couple things so like smack dab in the middle. Is this gon na be big enough? Let me know if i need to zoom in the first thing i want to talk about is covered calls. So okay covered calls: let's just do three different increments right here da da da da.

Let's start typing some stuff uh covered calls all right, cool and then also, let's do this we're gon na do 105. awesome. We are going to do 100, even cooler and then obviously, let's do 95.. Okay, so covered calls is the concept of you own stock um.

Here you own 100 shares uh 100 shares. Maybe i could spell shares of stock whatever of x y z. Okay, so you own 100 shares of xyz pretty much a prerequisite for doing covered calls and you can sell one call for every 100 you own. So if you own 100 shares you can sell one covered call if you own 500, you can sell five.

If you own a thousand, you can sell 10. whatever it is. How many ever you own, you divide it by 100, whatever that integer value is the whole number. That's how many you can sell because remember every option whether a call or put it represents 100 shares.

So a covered call: is you own the stock? In this scenario you own xyz, which means you can sell a covered, call against it as long as you own at least 100, but for every multiple of 100 full multiple you can sell another covered call. This is the concept, so you own 100, and it doesn't really matter what price you got into. I could do a little bit of a breakdown in a second, but it doesn't matter. Let's say you got in a long time ago.

Let's say you got in at 50 and it's currently trading, let's say it's currently trading at 97., we'll make that green okay. So this is the stock currently trading at 97, and it's going up it's going down, but roughly there and you're, like you, know what i really like: xyz big fan of it, but i don't think it's going to do anything crazy right now, maybe because the market's Just trading sideways, so you know what you do you're like. I really just don't think it's going to pass 105.. So you know what you do.
You come to the calls and you sell a 105.. The strike price strike price would be right here. It would be 105. you're going to pick the strike price exactly where you think it's not going to pass so you're like i like the stock.

I don't want to sell the stock, but i want to make some extra money because i don't think it's going to be moving a lot in the meantime. Well, you would pick the the value you don't think it's going to exceed by whatever expiration date. You find that expiration date you find that strike and you sell it and let's say for this one: let's just say for this example: you sell it for uh, let's say: 50 cents, 50 cents right there. So what does this mean? How how could this all potentially play out well, and let me make this black just so all right, i guess i can't change it.

It's going to stay green. It is what it is no big deal, so you sell it for 50 cents. You have 100 shares. You sell one call at 105., we're currently trading at 97..

That's the scenario! You pick the price and you pick the expiration date. Let's say it's for in a week: well, if the stock is trading up up up down down down, you keep all of the money. As long as you're, at or below 105, and in this scenario, if you want to get real technical with it, your breakeven would technically be 105 plus 50 cents. But i don't want to confuse anyone right now, the highest level conception of that you need to know here is as long as you're below that strike.

You keep the premium because that means it expired out of the money. The the contract itself is worthless. You sold the contract to someone that person as long as it's below 105 on the expiration date. That means for you, they have a worthless cop like a contract, but they paid you the premium for it.

So you keep it whenever you're doing a covered call. Let's review the facts, you have to have a hundred for every 100. You have, you can sell another another covered. Call.

You pick a strike price. You pick an expiration date as long as you're below that strike price on that expiration date. You keep the premium that you sold it for how could this go awry? So you know okay, as long as we're below 105., like everything's hunky-dory, you could come up to 104.99 and you're cool, because that means not only did you get the gain of the fact that you own the stock but you're below 105. So you keep all the premium, what happens if you're above 105? Well, that means you're going from out of the money to in the money and now technically because of this you're going to keep the premium but you're going to lose out on the profits.

If it goes up to 106 107 108, you ride the stock profits up to 105 and then, after that, you get to keep the premium. But in this particular scenario you wouldn't get to like ride that tendee train um as it continues. I can actually think of another like visual way to show you this. So let me quickly bring this to your attention and once again, this is still for covered calls.
So, let's do it this way, all right all right, and this is going to make more sense in just one second, all right. So what were we at? We were at a hundred and let's just make this one um this next one 105., great great, great, okay. So and then over here is your profit, so right here, if i were to like really, i should have probably just made this part green. This right here should be green, because this is profit and then over here, no, no, no, no, all right cool and then let's do another one and then down here so now.

I know i switched up the the axis a little bit. So this is your profit in the trade and then this is your loss and then this is just the price of the stock. So this is the price of the underlying equity. Is your x-axis? The y-axis is your profit and obviously the higher you go more profit and then the bottom one is actually going to be a loss.

So this is your profit on the left in the like the y-axis, the vertical and then this bottom line is just the equities price. So let's talk about covered calls, but before we talk about covered calls, let's just talk about what happens in a normal stock. Let's say you bought this stock at 100. Okay, that means that your break even is at a hundred dollars.

Look at profit is nothing your profit's zero you're at a hundred dollars. That's your cost basis, anything above 100 you're in profit, anything below it you're at a loss we're all up on the same page there. So let me switch this color to just be, i don't know a blue as if you just held that's just pure stock. This is what the profit of a covered call situation would look like hang on.

Let me lock that in what do i need to do switch off of it? I don't know okay, so a covered call would actually make it a little bit better for you. But let's say that you hit 105. I know i'm off a little bit. Let's just pretend 105 is right over here.

This profit is going to look a little bit different because it just goes flat on you. That's going to be the profit scenario. Well, if you just held stock yeah as the price improves, so does your profit. But in this scenario you see that this top line is a little left adjusted.

That's because you received the profit from the premium that you sold. But if you go from out of the money to in the money, like i said just pretend 105 was right under this. Well that actually means that your profits, like you, stop going up. So that's the risk reward of it is you're giving up your stock.

If you go in the money, but if you don't go in the money you get to keep that premium. So once again, this is all for covered calls overall, you're looking for it to stay below the strike price on the date of expiration, and you keep that premium. If it goes above it, you don't lose really in terms of profits, um! Well, you don't lose in terms of money like you're, not gon, na go red on the deal. What's gon na happen is basically your profits will get capped at a certain point uh.
So your biggest risk here is not making as much money as you would have. If the stock takes off um and now so that's covered calls now, let me undo all of this and let's talk about what is referred to as a credit spread, but there are certain types of credit spreads uh. So let me do this. One credit spread credit spread once again, we should probably spell properly - and this particular one that we're gon na first talk about is actually referred to as a bear call spread.

So once again, credit spread a little bit more of a higher level term and you have two: you have a bear call spread and a bull put spread a bull put spread. Is the exact opposite? It's literally, if you take everything and you just invert it that's. How you compare a bear, call spread to a bull put, spread you just invert it. So a bear call spread, obviously involves calls while a bull put spread involves puts, but they are the exact opposite of each other.

So once again, let me just draw out how it would actually look in this scenario. This is the paradigm and then let's draw another one. This is how the prophet structure would look roughly something like that la ti and okay. So let let's get some facts out here.

Let's this is going to involve two calls. You basically sell one call you buy another call, so uh buy the hang on we're gon na. Do the sell first you're gon na sell the lower price. One typically sell the 100 call great next step.

You would buy the 105 call. Okay cool! Does it? Let me move this. I wish i had this a little bit lower, hang on. Let me just quickly redo that okay, once again, this involves two things.

You sell. The 100 you buy the 105 call great great great. So i know this diagram on the right right now confusing. Let me just get all of it.

Um figured out for you, so this one. Let's say that the 100 call you sold it, so you were credited it. Let's just say i don't know you were credited the premium that you sold it for um. What would be some easy? Math, okay, we'll just make it three dollars cool and then the one that you bought.

It cost you. Let's say it costs to a dollar: 75. Okay, so here's the scenario of how it all breaks down. Let's say the stock is currently trading wherever your maximum profit, which you could see right here, is anything below 100 because you sold this 100.

What is the maximum total profit like? What could you make um right here max max money is equal to. Basically, in this scenario, you take what you sold it for and then you're gon na subtract, the one you had to buy. So in this scenario, it's three dollars: minus 1.75, which means as long as you get to the day of expiration and you're below 100 you're. Going to get this money, that's your max profit! So, as you can see, um that's going to be what a dollar 25, which is really because remember it's leveraged at a rate of 100 to 1..
So that's your max scenario. That's this top line max dollar right here, 125 or a dollar 25. It's the difference between the credit you collected and the debit that you paid so once again, 125 as long as it's above it doesn't matter if it's 99, 98. 97.

80. 50. 40. It doesn't matter you're gon na get this much money.

Now, okay, you might be saying okay! Well, if that's the max money that you can get. Let's talk about the max loss. Max loss is actually equal to the difference in the strikes right here. So it's going to be 105 minus 100.

So that's going to be five and then you take away this difference. You're gon na! So right here we know the difference is a dollar 25. So 105 minus 100, that's five and then it's gon na be five minus! A dollar 25 and that's going to equal what 375.. So in this scenario, your max gain is 1.25.

That's this top line and then, as you can see at a certain point, you're going to bottom out and you're going to hit this max loss and that max loss is 375. and i know there's some other aspects of this that we have to talk about. Of. Like how you get to there and that's exactly what we're going to be doing so, you might have noticed that there's a point above 100, where yeah you're not getting your max profit but you're, getting some profit and eventually you hit break.

Even so. What is that break-even point? Great great question so break even is equal to your lower number, in this case the 100, the one that you were credited like because you sold it so it would be 100 plus, whatever your difference, differences and when i'm talking about the difference. I'm talking about the difference in premium three dollars and a dollar seventy five, so it ends up being a hundred plus a dollar twenty five which is 101.25. So in this scenario, your break even is 101.25, but, as you can see in the profit, your max profit's right here and you get the max profit all the way up to 100 from 100 to 101.

You are getting your profit's gon na come down and by the time you hit 101, which is this crossover point right where my mouse is. That is when your break-even point is now. Obviously, after your break-even point, you continue all the way down as you get closer and closer to 105 and it's actually going to happen before it, but eventually your max loss is going to end up capping out at 375, which would be like roughly down here. This is your 375., so as the price increases from 100 to 105 you're, going from that paradigm of your max profit to your breakeven and as you continue to increase you're going to go all the way down to your max loss.
But obviously your max profit is capped. You know it as soon as you place the trade. Your max loss is capped. You know it as soon as you place your trade and everything else in between once again, this is a special type of credit spread, it's known as a bear call spread what you really need to take away from this, just because we also did a similar thing With covered calls, the way you win in this scenario, is it stays below the one that you sold um with it? You really don't have to take into account.

Well, like you should, but, for example, you get your max profit if you're below that number um and what's going to change based on where the price is, is like. Okay, how much you had to pay blah blah blah like? Obviously it's a higher risk bet? If you put this bet on and the stock's trading at 200. - well like what's the chance of it coming below 100 and obviously you're going to get less money, let's say the stock is trading at 10.. Well, yeah, of course, there's an absurdly good chance that it's going to stay below 100..

So in these scenarios, what i personally like to do is i like for it to be like in this realm, depending on the time frame, because, like obviously with more time, there's more chance of it to move. But let's just say you have a set time frame like let's say you're looking at the next month out and it's not that volatile and it's currently trading at 85 or 90 and you're like you know. I think it might go up a couple bucks, but it's just there's not much volatility to it. So i feel pretty comfortable that within the next month it's going to be below 100.

well, what you would do is you would find the expiration date. You would sell the 100 same expiration date. You would buy the 105, that's how you would set it up and then this is the profit paradigm. Now, if you were looking at this, because this is a bear - call spread, if you wanted to talk about the other one, a bowl put spread the way this would look would be essentially the same, and we can go into more detail with it, but hang on.

If i were just to hang on, can i make this bigger to erase it? I just want to erase all of this really quickly. Hang on. I don't know why they don't make this bigger all right. Let me get rid of all this, so it's pretty much.

The same thing except the literal exact opposite, so what i mean? No, no! No! What just happened there. Well, that's not fun all right! Let me just quickly all right, whatever we're gon na just give you the full rundown on this thing, i suppose all right. So this one, what we have is a bull put spread and with a bull put spread, your setup is actually going to look a like. I said the exact opposite you're going to grab this you're going to grab this and then you're going to grab one final.

One like that, okay, so same scenario you sell a put, but instead of selling, for example, with the calls we sold the lower number inputs you sell the higher number like i said, the exact opposite. So in this case you would sell the 105 not buy the 105 and you would buy the 100 put instead of two calls we're dealing with two puts, you would sell, the 105 put you would buy the 100 put, and at this point the stock should be Trading up here and you get this max profit as you can see as long as you're above 105.. Obviously, there's going to be the break-even point and the way you calculate that is taking the difference between the strikes and you subtract the difference in the premiums. The difference in the premiums is also known as your maximum profit.
Your break even can be calculated by taking 105 and subtracting the difference, and then your max potential loss. What we talked about the difference between the strikes and you just add, or you take away five dollars minus the difference in the premiums. Once again, this is a bull put spread. The opposite was a bear call spread.

In this scenario. You collect all your money as long as you're on the top side of 105 when you get to expiration. This is literally the perfect inverse of what we just went over, but both of them are a type of credit spread. One involves two calls.

One involves two puts um this type of stuff. I really really like it. You're never gon na get one of these things, because you already know your max gain. You know your max loss and you know everything in between when you're placing the trade.

This isn't going to be one of those things when you buy a call, buy a put, buy a stock where you kind of don't know where it's going to go because, like the stocks continue to rip and rip and rip so technically your loss, your potential loss, Is known, but your potential gain is unknown because it could theoretically keep going whenever you do these types of strategies covered calls and these credit spreads. Everything is known way in advance. It's known way way in advance and because of that, the odds are higher of you. Being successful, but the trade-off for all of that actually means that you're never going to have one of these absurd trades, you're never going to have 100 gain you're.

Never gon na have a two hundred percent gain. You're. Never gon na have a thousand percent gain. If anything, it's actually all like kind of muted, so your risk reward is lower, but the ratio is more favorable you're, taking less of a reward opportunity for less of a risk.

But if you look at that ratio, it's more in your favor than just buying stock than just buying a call, then just buying a put so now that we kind of went over like how it's broken down and obviously feel free to watch it. This is not something that you're most likely going to get on your first watch through when i was first learning about this stuff. I probably had to watch videos like this one and read text about this type of stuff like a bazillion different times, but here i might be able to make it even a little bit easier for you hang on one. Second, let me switch this up and let me show you this right here so once again, we're looking at tiblio and we're looking at credit spreads.
So let me reload this okay. So once again, you're, either dealing with a bear, call spread or a bull put spread either either two calls or two puts you, never mix a match. So, for example, let's look at this apple one. This is an apple call, which is telling me that it's a bear call spread.

Once again, you sell the lower number. You buy the higher number, this one, it does the math, and it tells you your chance of profitability. Percentage of profitability 70 chance of making money. Your max return, your max return percentage and your max loss right there.

It does all the math for you and then, if i were to just find some puts in amd put so this is a bull put spread. Once again, you sell the first number for puts it's the higher number for calls. It's the lower number and you buy the second number percentage of profitability max return max return, percentage max loss. That's the beauty of this monthly income strategy is everything is known before you place the trade.

You know everything you know the exact situation you're going into and with the help of our friends at tibio. You also know the percentage chance of this making you some money. So maybe you want to take a higher chance of making money for a lower return, or maybe you want to be a little bit more risky and you're willing to give up nine percent chance of making money, but you're really jacking it up and that's more for You that's for you to decide. Okay or maybe you want to mix it um.

So, for example, the one that i recently did that's related to all of this stuff is, i did a spy one, a call credit spread, as in a bear call credit spread. I sold the 458 the lower number i bought the higher one. Here's the expiration, here's, the max return max loss percentage, profitability, blah blah blah. So this is the spy i will make the max profit as long as it's below 458 on february 28th, which is the expiration date for both of these calls.

Now, there's like one little, i guess like secret tip, i want to give you about all this. Is you don't have to wait until expiration? You can actually close it earlier um. A very common methodology is, let's say, you have something a month out and you did a bear, call spread and the stock's not moving you're, collecting theta and let's say within a week when you still have three more weeks to go you've already gotten 50 of your Max return, you can close the position free up your capital and then just roll it into a whole other position. You don't actually have to wait till expiration this contract.

This spread this vertical spread. It's actively changing in value and as long in the the call example, i just gained view as long as the stock's not ripping higher you're, making a little bit of money each day and you can choose to close it whenever you want. So if all of a sudden you're seeing that theta is picking up exponentially, which, for you as a premium seller, is beneficial, if you get 50 of your money returned, but only a quarter of the time has passed well, why not lock those attendees in take your Money free up your capital and go do another credit spread or maybe you want to do a covered call, or maybe you want to do some other fancy spread, but that's a little bit of a like. I guess like a little inside trick there of you, don't necessarily have to wait it out.
You don't it's not necessarily always financially the best decision to take 100 of your gain, because your capital is gon na be locked up. So you could wait a portion of the time, but if your returns are a greater portion than the time that has like already passed well, lock it in that's a freebie and just roll it to another one create another spread um. So with all that being said, i know i hit you with a lot, and this is something that i'm more than happy to go over and in detail. But i think this is the type of stuff that, if you were truly interested in being a trader, an investor - if you were looking to make this some part of your life, maybe make it your career.

These are the types of strategies that professionals do day in and day out, they're not commonly just like going all in on one stock and hoping for the best. In fact, no professional is actually doing that. So these are the types of strategies that i feel. I guess it being absurdly necessary for me to discuss talk about and that's exactly why i've decided for that to be the new trading challenge.

That's exactly why on the locals community, any one of these spreads or covered calls that i do. I will be sharing all of them with you, the exact details of every single one, because it's a smarter, healthier way to engage in the market and it's increasing the odds of you being profitable. It's increasing the odds of you being green and just judging from what's been going on, i think over the past half year over the past year, there's people looking at their portfolio and they're like it's red this sucks, i don't want to quit on the market. What's something i can reasonably do besides, just like throwing a hail mary and seeing how it plays out this is one option covered calls and credit spreads.

I guess that's well technically, we went over three separate options, but there's more of this stuff that i want to start covering and sharing it all with you and to me i mean i ended up having to pay thousands of dollars to go through courses and read Books and do this, i want to explain it all to you in real time for absolutely free um, the bell did: go ding any ding, ding ding the casinos closed for the day um. So with all that being said, i know i hit you with a lot of information. So if there's any particular questions like i would love to, i guess try to answer to try to field some of those right now and, if not, if, like maybe it's a conversation that deserves uh like more time, it's something that i'm more than happy to do. In the afternoon stream, tomorrow, um all right checking, zynga amc, new post binzinga looks like it's finding a bottom: here's why? Oh just it's calling out the technical structure looks like we're just breaking out of the bull flag.
So, in this scenario, okay, let's, like literally use what we just learned - if you think we're about to break to the north side on amc, what's a way you can make some money, you would do a bull put spread. You would sell one put at a strike price. You would buy another one below it, so you would like sell the 10 buy the nine pick, whatever expiration date and as long as you're above 10 by the day of expiration. You keep all of that premium.

As long as you're, above whatever is the one that you sold the higher number uh, what else? What else do we have going on? Uh don't sell naked calls, that's a good point, but also most people, most brokerages, that is, they wouldn't allow you to sell that um. A selling a naked call is like the covered call example, except you don't have the underlying stock. Remember i was like. Oh, you need a hundred shares for everyone.

You sell well, you could do naked calls by just selling calls, but not having the underlying stock. That is very, very risky, because if it goes in the money it means you could be on the hook for, like you, have to give that person quite a bit of stock and because of that most brokerages. Unless you have like the highest highest clearance level, don't let you sell naked call options uh? How are you able to sell calls and sell puts without owning the contract? Already, because that's how you the same way, you can short you can sell stock without having it um, so you're, creating the position by selling a call, you're selling a put and think about what it is. It's you're selling a contract to someone else, um the same way: health insurance or any insurance is sold to you by someone.

Well, that's what they're doing they're like they're selling you the contract and you're buying it off of them. Think of it the same way like a call and a put they're literally just contracts. You're, the writer of the contract you're, the writer of the premium. Someone is buying it off of you uh for a spread.

Does it make sense to sell the first call on a run up and wait for a dip to buy the next call to set it up? Is there risk of losing it um? This could actually become like very specific to your brokerage, but once again, most of the time you have to do them together, uh, it's very rare for them to let you sell the call and then like buy the other call later. When i create mine, i'm creating the spread as a play, i'm not doing it individually, but with this stuff i mean, i guess i have a question for all of you. Is this the type like i mean it's always i want to do what the community actually cares about and when i say the community i mean you, i mean the moon gang. Is this the stuff you want more of like should every afternoon stream be a teaching thing like this, like we could go over technical indicators, we could go over options like is this it or do you like the news the best, or do you just want to Hang out and watch the market um because like to me, this is where the valuable information's at this is the literal strategies for you to make money, but i mean we're not going to do it.
If you guys, don't want it. Okay, it seems like it is. A resounding yes well, at least for the short term, potentially the medium term, potentially the long term, we're going to keep doing this stuff i'll go over strategies i'll go over technical indicators when we really beef it up, maybe we'll get into some of the algorithmic stuff And i'll show you some of the code and show you some of the math and some of the reasoning but um at first we'll. Take it slow and we'll continue with the technical indicators and we'll go further into even more option strategies and we'll do the math and all that stuff, but also kind of like mix it up.

It's not like every day you're gon na have to have like your learning cap on, but at least a couple times a week, we'll do option stuff, we'll do technical analysis. If there's big news, of course, we'll cover that and then it's always like on fridays. We end up just like messing around anyway: um sweet, sweet sweet. Well, it's up there.

I know we went through it very very quickly. Yes, all of this will be on the exam. All this will be on the midterm. All this will be on the quiz next week, so make sure you're watching this back just messing around, but yeah.

Obviously i'll keep this up. So you can watch it if you need it a couple times and if i said something that was confusing and you need me to reword it in one way or another. Just let me know reach out to me dm me, do something like that, and we could try to explain it in hopefully a way. That's a little bit more digestible.

My suggestion would maybe, after market close at a specific type of lesson and then place them into a playlist on your channel, also same thing for crypto. I, like that sweet sweet sweet. Well, if you want to learn more about crypto, don't forget the crypto course channel, but i hope you enjoyed this little. I guess didactic session we had going.

I truly appreciate the support, thanks for all the likes, thanks for all the new people who decided to stop by and join up with the moon gang shout out. I appreciate every single one of you. Thank you. Thank you.
Thank you and i'll make sure to catch. You bright and early tomorrow morning for the next stream. I hope you have a wonderful evening afternoon night, whatever time it is for you. I truly appreciate the support and, as always from me and share best of luck in the markets, you.


7 thoughts on “Easy trading income: covered calls credit spreads”
  1. Avataaar/Circle Created with python_avatars Robert Thompson says:

    Great information Matt this what the moon Gang needs

  2. Avataaar/Circle Created with python_avatars Chad Perez says:

    Holy hell this makes me feel so dumb πŸ˜‚

  3. Avataaar/Circle Created with python_avatars Cory Dickerson says:

    Covered calls also put downward pressure on the price action as it does not have to be hedged for by the market makers. This guy is a clown

  4. Avataaar/Circle Created with python_avatars BANK NIFTY TRADER TECH says:

    I'm not so sure Of that πŸ‘πŸ‘

  5. Avataaar/Circle Created with python_avatars avi mae says:

    Thanks Matt…ttg

  6. Avataaar/Circle Created with python_avatars Michelle Marotta says:

    oh c'mon amc squeezy man…..you gotta be playing a gme here! copying Uncle Bruce. I call bssssssss! Copycat! ugh go to stock markets with Bruce on YouTube to learn about covered calls, like Matt did!

  7. Avataaar/Circle Created with python_avatars Flippin' Eddy says:

    Everyone's a stock expert the past 2 years when shit only goes up hahahaja

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