When To Close A LEAPS For Max Profit!

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Информация о When To Close A LEAPS For Max Profit!

Название	:	When To Close A LEAPS For Max Profit!
Продолжительность	:	23.18
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Yes I put 2001 and not 2021 Guess who’s not perfect 🙋🏻‍♂️ haha I did catch it later in the video Keep watching :)
Comment from : @BradFinn

Hi Brad, can I do it weekly covered call basis against my leaps?
Comment from : @chocotv3573

the keyword is "greedy" trust me guys this will get you sooner or later i found out the hard way and i am stress out and bashing myself i gave up 32K to get $37k if i hold just 1 more week and i got burnedstock tankedi lost all 32K
Comment from : @josephsaeteurn9158

Thank you for using the lighter screen I hate the dark screen, lol !
Comment from : @guitarsoundsaround2360

How much does it cost to trade an option, and how does that affect your return?
Comment from : @garygable4170

How do you see the average implied volatility on robinhood? is that the implied volatility figure?
Comment from : @apple_fury3454

So just so I understand correctly, I can sell calls against my LEAPS in robinhood with L3 options? I just got approved for margin and L3 Webull seems to be lame with options and won’t allow it Just can’t find much info on LEAPS and diagonals for Robinhood Thanks!
Comment from : @patrickhenry7416

how does Robinhood handle the short sell option if it gets exercised? Will they close your leap option? Thanks
Comment from : @jaimeb1281

This is absolute gold dust! Thanks for sharing this It is easily the best options related video I have seen, so far I like the fact that you talked about the errors you made in the process I also get a better understanding of what to do when the covered calls do go the way you want (take the hit and move on) One question: how do you know what the right strike price is to sell the covered calls? For example, is there a delta consideration? Again, thanks for sharing your experience,
Comment from : @gregoryubigen

Commissions are always zero?
Comment from : @lucauau

Great video, thanks for sharing I understood why you sold the first option @150, but how did you calculate the other entrance points for the following sales (@160, @165, @155, etc) ?
Comment from : @ramonruilopezv9457

Me looking at WM deep in the money call for Jan 17, 2025 at the $115 strike costing $4,600 despite the stock only being around $15171 on 2/15/2023 brbrYikes Would love to buy a covered call for $1,900 lol
Comment from : @SifuJerad

Does your broker not charge fees for options trades? Mine (TD Ameritrade and Schwab) charge 065 each way So those calls you made $3 on would've only been $170 brSorry if this has already been asked I scanned the first 40-50 comments and didn't see it
Comment from : @benmusher5683

Question: if I hope to sell covered calls on a leaps option that I bought why not sell a put option on it? That way it decreases changes of hitting above the strike price in out of the money Not sure if I’m making sense
Comment from : @coachyamyam9666

Some next level derivative trading 🤯 Well-done though! Curious how often do you deploy this strategy? Thinking about trying this with 1 - 2 of my portfolio Would you recommend?
Comment from : @mohammadrahman8911

So if you buy a leap it gives you 100 shares collateral?
Comment from : @picklerpickler8785

what kind of commissions are you paying if you are making a few dollars does that cover comissions?
Comment from : @nobodyimportant_23

So the play here is to sell the stock at a higher price? What's the plan here? 🤔
Comment from : @jrelechrelech6898

New to this trade stuff ;), thank you for the videos you are fun to watch
Comment from : @armatologist

Awesome video again! For the implied volatility, while looking at the charts how would you know if that percentage is at the low and or high end of graph?
Comment from : @samuelesparza2782

How come the options you sold gave you more premium than the ones you bought?
Comment from : @Nahomtradez

You nickeled and dimed PEP to death Thats amazing
Comment from : @qwerty70403

You do an excellent complaining voice
Comment from : @qwerty70403

Thanks for this outstanding video! I've always bought calls ATM or slightly OTM since I'm ultimately bullish on the stock if going long What is the benefit of paying more to BTO at 75-85 ITM?
Comment from : @islndcalypso911

Damn held that leap for 20 years! 🤣
Comment from : @TheBigpapa00

This was the first hit I got when I was researching to close a profitable Leap I have one that expires 1/2023 It’s nicely up by 355 I had not bought a deep ITM call, but a much lower delta Now it is deep ITM Would you suggest closing or waiting I am a little wary about selling a covered call against this even though the ROI on covered call is around 33 for 45 days Still not sure about what to dothe stock is clearly on an uptrend Would appreciate if you can advise Thanks!
Comment from : @SA1

Thanks I have watched a lot of PMCC videos but still don't understand until I watched this video Great example shown from open to close
Comment from : @josephxii

Diamond hands holding since 2001
Comment from : @rxses7714

I rolled a short call to a short put oooppppsbrSaw the big premium and didn't think worked out well but need to be careful erer
Comment from : @pilsung2ful

What percentage should I let my leaps fall before I just give up on them ?
Comment from : @salinas831100

Do I understand correctly that your leap value went from 1535 to 2165 during the period PEP went from about 148 to 156? What is the best resource for checking leap value changes under certain hypothetical situations? Super Great Channel! Thank you sir!
Comment from : @billionj

There is nothing in this world I understand less than everything you talk about in these videos
Comment from : @kenten6311

Join the dark side Black screens and all
Comment from : @craigeddy554

OK so how do you find historical IV data?
Comment from : @nothingtoseehere5760

Idgi how and why are selling Calls on a leap when you don't own the shares Isn't that a naked call
Comment from : @hustlasstory7611

Also commissions
Comment from : @tubetop123

Very nice video, thank you As for the Pepsi call options you were selling for low premium The reason why people would say it’s not worth it is because if the stock happens to rally you loose your upside for such a small amount The risk / reward ratio is off for such low premium
Comment from : @copycatt2579

Still one of my favorite channels on YouTube!
Comment from : @wade-kun

Hi Brad, my SKLZ leaps is up 53 even though it won't expire until Jan 23 Would you recommend me to lock in profit?
Comment from : @Kunalexander

Hi Brad, love you content Quick question what platforms to you use to check Implied volatility and average IV?
Comment from : @abidiqbal5418

Hi Brad, loving your content! Are all of the calls sold have a DTE of 7 days? For your pmcc
Comment from : @MegaPotatoTomato

last 7 stock trading days i was green does that make me a good trader
Comment from : @brownlatinaa46

Thanks for make it so simple! Keep the good work!
Comment from : @reactek

🤩
Comment from : @walterharris6311

Good job with the videos! Nice and simple but not dumbed down 😎
Comment from : @justakidfromjakku6538

Brad, Brad, Brad! I knew there was a reason to keep following you - LOL! Been watching all your stuff for a while and have been hesitant on pulling the trigger on a PMCC due to the cost of the call option to BTO I have had a hard time seeing how spending that much would benefit and how the small CC's premium would make up that large amount of investment This video however has clarified it all for me now This was fantastic and amazing to watch and see the results in as real time as you made it Thank you for this I'm going to jump into some PMCC's now that I have been holding on the back burner Keep up the amazing content Thank you for your open and honest approach and for helping us little people understand these concepts so much better You are the best :)
Comment from : @JaredHillhouse

Hey Brad, I have watched a few of your video's now and I must say, you certainly explain complicated things well! I love your video's please keep them coming!
Comment from : @bramor9913

Got some Tax questions in case it is in anyones wheel house Maybe Brad knows :)brbrDoes anyone know the exact tax implications for a leap getting assigned? brPossibility #1 - The gain is the difference between your leap strike and CC strike * 100brPossibility #2 - The gain is the difference between your leap Break even and the CC strike * 100brbrFeel like #2 is the lesser of two evils in terms of Tax eventbrbrAnother Question - what about the Tax implications of exercising a leap - do you take a cap gain LOSS equaling the total paid for the leap?
Comment from : @harshilpatel387

Brad Finn__The Man The Myth The Legend!!
Comment from : @zmack1830

Thank you for sharing What did you use as your parameter for buying back the calls?
Comment from : @derekbrooks6864

Couple questions from a fellow teacher: Would you try to juggle more than one contract? How confident are you that if your short leg is exercised that Robinhood would in turn exercise your other leg?
Comment from : @coachcraft

Like 200 and comment for the algorithm 👍
Comment from : @coreytaylor1673

It's this kind of information and insight that will get you to 100K subs in no time Keep it up man!
Comment from : @andrewpm2

I just learned a lot from your video today I now know a better strategy for when to sell my leaps Plus I never even thought of buying leaps after earnings (IV crush) Thanks brother! Very helpful!
Comment from : @robertjessome7230

I bought LEAPS on the dip on FL, T, DRNA and ZNGA at the 85 delta I’ve started the PMCC on FL with nice premiums Waiting for the others to get ripe Wondered what happens to LEAPS @ expiration Thanks for the timing of this video!
Comment from : @deliveredbyjace5977

Brian, I too have a call from 2001, $ENRN it's not doing so hot rn
Comment from : @vince1376

You have truly taught me sooo much I always recommend your videos to newcomers and veterans I use to disagree with so many of your tactics,, "why close a call at 70" "why buy leaps, just buy the stock" you have truly changed the game for me amigo!!!! Thanks!!!
Comment from : @durtiecam22

Very nice walkthrough through real, down to earth trades that most people can actually relate to Well done! And yes, once you hit $69 profit on your short call, you better close the trade :-)
Comment from : @codingchallenges

Thanks!
Comment from : @NickTapp

This is a great return All the scalping aside, the biggest factor in your success is buying a call on a stock that went up How do you decide on a stock and if you think it’s going to rise?
Comment from : @johngutierrez2687

Great video I thought contract only became valuable once above break even?
Comment from : @youngfyah

Hey Brad Thanks for sharing your strategies on PMCC Very helpful Just curious about your thoughts on selling LEAPS Why would people sell Leaps if we all know in the long run stocks always go up Why would anyone sell deep ITM Leaps ? What strategies are they playing ?
Comment from : @santyv9466

Brad, just getting into covered calls I wanted you to know out of all the articles, books and videos I’ve brRead and watched, your videos are the first that I have understood enough to give me the confidence to finally start trying trading options I have a decent portfolio, but I’ve run out of money to just keep buying stocks, so my move to stocks My starting plan is I have bought 100shares of T (depending on the earnings report) and I plan to sell as a covered call Anyway, wanted to to thank you for your videos Tom G
Comment from : @thomasgarland9877

Curious why you do not use the 2-option Order - Are you buying to close at a different time than selling to open to maximize premium or some other logic?
Comment from : @harshilpatel387

Great video! I’ve been buying deep in the money leaps, after I see my stock take a dip that I feel will come back I haven’t been doing the PMCC yet …This is my next adventure !
Comment from : @drhenderson40

Thanks Brad, great video Appreciate the knowledge that you provide and the transparency Sold my first covered call yesterday With your help, I'm starting to understand these things called options
Comment from : @tron-nt4bi

2001? is this right?
Comment from : @fropello4353

I do want to know why you held out on us so long seeing as you've apparently known about this strategy since 2001 but only shared with the class a few months ago?!?!
Comment from : @robinruane6255

You bought the leap on 7/27/2001 for a 1/21/2022 Thats 21 years!
Comment from : @lslurpeek

BRAD I NEED HELP!!!!!! I have been running the wheel on Marathon (MARA) and got 4 contracts assigned at $40 Started selling calls for premium About two weeks ago I sold calls at $45 The price started to climb fast so I bought those contracts back and sold at $55 The price run didn't stop and not the $55 calls are too expensive to buy back So I used the premium I collected (plus some of my own money) to but $56 calls The calls I sold and the calls I bought expire on Nov 29th I want to know if I can leave this position to resolve it self at expiration, bear in mind I don't have enough capital to execute my bought calls without the sold calls being executed If I can't leave the position to resolve itself, when and how do I unravel this for max profit Please answer with any advice, I got extra bear money if you do Keep up the great work Love the videos! You making the world a better place my friend
Comment from : @mordekaisworld7636

Great video! Love that you included both scenarios so people can see what really happens!
Comment from : @robinruane6255

Wow 2001 that's a leap!
Comment from : @davesterchele2679

The best thing I've done is keep a Spreadsheet of my cost Basis and keep it well above when selling calls because I've gotten burned once or twice being greedy
Comment from : @ryanmarocki