Ep 118: Top 5 Option Strategies for Monthly Income
★ SUMMARY ★
In this video we cover the top 5 option strategies for monthly income for option traders. This video will give you an overview if you just started trading options.
You will see examples of various option strategies like selling a covered call or upside calls that you can do with any stock or ETF which trades options. We will discuss selling naked options strategy which is great if you are willing to buy a stock at a lower price, the vertical spread, calendars, and iron condors.
Depending on your personal strategy and the way you like to trade will depend on the strategy that is best for you. We will review some risk and reward concepts, but you will have to find your sweet spot when it comes to options and discovering strategies that match your personality and risk style.
* Please note: some of the items listed below could and may be affiliate links **
* Stock Trading Books *
Encyclopedia of Chart Patterns: http://amzn.to/2fCnxIB
How to Make Money in Stocks Getting Started: http://amzn.to/2f8FKsM
How to Make Money in Stocks: 4th Ed: http://amzn.to/2f8E1DQ
Reminiscences of a Stock Operator: http://amzn.to/2gpQMNm
One Up On Wall Street: http://amzn.to/2gbMHJJ
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