Options Basics - What Do In The Money (ITM) and Out of the Money (OTM) Mean?
I'll teach you how to determine if an option is Out of the Money or In the money. This concept is a must-know if you trade options.
Subscribe to Trading 5 Talents to learn how I use options trading, specifically The Wheel Strategy to boost my monthly budget.
#########################
WHAT IS THE WHEEL STRATEGY?
The Wheel Options Trading Strategy is an options selling strategy that can generate consistent, monthly income. Also known as the Triple Income Strategy, passive income is generated from:
1. Selling Cash Secured Put Options
2. Selling Covered Call Options
3. Capital Gains on Stocks Sold
The Wheel Strategy is a relatively easy options trading strategy and is considered one of the safest strategies. While not completely risk-free, it benefits from theta decay which works against many other options trading strategies. To learn more, check out the videos below.
OPTIONS BASICS!
Options 101: What Are Options? - https://youtu.be/kxqQfx7fWqw
Options 101: Options Greeks - https://youtu.be/W0dHt4h0zY4
Options 101: In the Money or Out of the Money? - https://youtu.be/aXGSHniI9ow
NEW TO THE WHEEL STRATEGY?
Wheel Strategy Overview - https://youtu.be/GDZV2l0YtP8
Selling Cash Secured Puts - https://youtu.be/QfBqUCIN5aQ
Selling Covered Calls - https://youtu.be/yFvmzjirFMY
LIFESTYLE TRADING
Lifestyle Trading Overview - https://youtu.be/7DEw2lSRUXY
FREE TRADE LOG FOR THE WHEEL STRATEGY
Video Tutorial - https://youtu.be/Wxu6ySHqqW4
Download Link (Google Sheets) - https://bit.ly/T5TTradeLog
FREE COST BASIS CALCULATOR
Video Tutorial - https://youtu.be/fOgM-I8mPEU
Cost Basis Calculator Download Link (Google Sheets) - https://bit.ly/T5TCostBasisCalculator
GET FREE STOCKS!
Join Robinhood (Affiliate Link - We both get a free stock) - https://join.robinhood.com/santial2
DISCLAIMER
I am not a financial advisor and this is not financial advice. This content is only for educational and entertainment purposes only. Any trades you see here are either past trades I’ve made or an example trade. Please don’t follow any trades you may find in these videos.
#Options #OptionsTrading #MakingMoney #TheWheelStrategy #SellingOptions #LifestyleTrading #PassiveIncome
-
0:48
Trading 5 Talents
11 months agoOctober 17, 2023 Trade Review - Options Alpha Trading Bot
17 -
24:10
Investor Guys Podcast
3 years agoEvaluating Money Options
233 -
4:32
KTNV
3 years agoTeaching Kids Money Basics
42 -
9:38
GaryLeland
3 years agoWhat is Money ?
37 -
40:30
Athlete & Artist Show
2 days agoDave Portnoy Offers UMich $3M For QB, Zach Shows Off 5th Championship Ring
105K15 -
1:20:55
-
13:21
Exploring With Nug
14 hours ago $4.93 earnedTruck FOUND Underwater Searching For Missing Veteran!
96.3K34 -
1:19:51
Bright Insight
1 day agoRare ‘UNKNOWN METAL’ Discovered in Egyptian Stone Box!?
187K202 -
9:52
Tundra Tactical
1 day ago $2.40 earnedIsrael Takes the Party Back to 1989!
93.2K22 -
19:26
Cody and Kellie
15 hours agoHot Springs Bathhouse: A Relaxing Retreat
84.4K12