Selling Puts for Monthly Income
When you buy an option, you are hoping for a move in the stock based on a chart or event or your brother-in-law’s advice (bad move there). Hopefully, you watch the option move up and then — when...
View ArticleHow to Trade Options Primer
Many investors ask about the terminology of options and the difference between types of options. Here I share some background o the fundamentals of option trading. Bonus: An active option trade is...
View ArticleHow to Make $3,500 per Month Passive Income for Life
What could you do with $3,000 per month in passive income for life? How would it change your future? For some, it will be a total life changer to increase your income each month. For others, maybe not,...
View ArticleHow to Sell Put Options for Income
Let’s walk through an example of how to sell a put. After careful selection of the right stock, you decide you would like to create a monthly income stream by selling puts each month on this stock....
View ArticleAre You a Penta Millionaire Yet?
Have you heard about “Penta Millionaires: the New Rising Class” it discusses families with net worth over $5 million as a fast growing class in America. While this is correct about the changing of...
View ArticlePut Your Money to Work
To start on the road to financial dependence, you must save some money. Most people start with an emergency fund, retirement account such as a 401K and maybe buy some real estate for rental income....
View ArticleKnow the Rules of Investing
In a recent interview, Tony Robbins stated he has coached a successful trader for more than 20 years. The person he is talking about is Paul Tudor Jones, one of the most successful investors of all...
View ArticleProof that Option Income Writing is a Winner
With a covered call and protective put strategy, you have a win – win- win –win situation. Here is what happens when the underlying stock changes: Stock price increases – you win by keeping the...
View ArticleThe Biggest Mistake New Call Writers Make
Covered call trading is not like directional trading which has an objective to time the movement of a stock in the direction it is moving. Covered writing is a game of regular, incremental returns....
View ArticleOption Selection for Covered Call Writing
Throughout the day, a person makes hundreds of decisions. Paper or plastic? Double cheeseburger or salad? Home brewed coffee or Starbucks Brew to Order? And for option traders, which option to...
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