June 11, 2025 • 13 mins
You don’t need a six-figure portfolio to run the Wheel — these 5 stocks under $15 prove it. I’m breaking down real setups with real premiums, all based on how I actually trade. If you’ve got a smaller account and want to play this game the smart way, this one’s for you. And yes, the updated Quad Options Blueprint is included.
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Episode Transcript
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Speaker 1 (00:00):
And you don't need a six figure portfolio to sell options.
Here are five of my favorite Wheel Strategy stocks that
are literally all under fifteen bucks.
Speaker 2 (00:09):
Let's go, yo, what is going on, premium chasers?
Speaker 1 (00:12):
I hope you are having a god blessed day Today
every single person is going to get my new ebook
called The Quad Option Strategy Blueprint, which is a much
more in depth guide on how to sell options the
right way, combining the power of cash figgured puts, covered calls, dividends, appreciation, sales,
and more. So if you want that full blueprint, all
you gotta do is drop a comment down below on
(00:34):
today's video to get your free copy. But guys, today
we're specifically going to be talking about the five cheapest
right Wheel Strategy stocks.
Speaker 2 (00:44):
Now.
Speaker 1 (00:44):
I don't like to talk that them as cheap just
because they're all under fifteen bucks. But I know a
lot of you that tune into this channel. Right, You
don't necessarily have a six figure portfolio, right, and that's okay.
You could still get into selling options. So let's get
into it. So the first one is Snap. Right. The
first Snap just got onto my radar here recently. You
guys may if you follow every single video that I
(01:06):
launched it, which you better you better be watching every
single video, which you're doing click all the ads, get
the boy paid. But in all seriousness, Snap recently got
on my radar again. I did lose a good amount
of money on this and many many years ago. But
Snap has been really, in my mind, a fantastic play.
And the big thing that really got it brought onto
my radar is because it pays their creators so much
(01:27):
more than every other platform, even more so than YouTube.
I'm not gonna go down that whole rabbit hole, but
let me show you guys, Snap a little bit obviously,
currently trading around eight fifty. Let's go take a look
at what kind of options we're getting now. The unfortunate
reality is, guys, when you are starting at a smaller scale,
you're getting into more risk ear stocks. Is just the
reality of this situation. Most of the premiums are going
to be juiced up, right, But with juiced up premiums
(01:50):
comes a lot more risk. And that's just the way
it is. But right, you're only a small portfolio until
you're not right, like, whether you're adding more money, you're
reinvesting whatever you're doing, and The cool thing about the
quad option strategy is stability kind of grows.
Speaker 2 (02:06):
Right. So let's say you kind of you're doing.
Speaker 1 (02:07):
Crazy riskier stuff and it's just and then you're going
up to like not not risky, not not risky, not
not risky, right, and eventually you get to a point
where you could just like do the spy wheel and
just relax right, or do like, you know, some very
boring stuff where you're only looking at like a point
eight or point five ROI on your collateral. Right, it's
a lot more safer place. But let's go over here
and take a look at SOFI. I'm just going let's
(02:28):
just go out thirty to forty five days our normal
go thirty nine days here for this example, and we
could see here's our options chain, right, So right here
we could see so or not so Fi. We could
see snap right for the eight dollars puts currently trading
at eight fifty, we would collect twenty nine dollars of premium.
I always like to put everything in my cash and
get calculator. Guys, I need things just visually showing because
I stay. Even an option chain when I look at
(02:49):
it sometimes.
Speaker 2 (02:50):
Come confuses me.
Speaker 1 (02:51):
Right, So if we only had let's say a thousand bucks, right,
and we're like, you know what, I want to just
try this whole selling options thing. I love Snapchat, you know,
per Let's see now, obviously all these premiums, Guys, everything
I'm showing here is educational example only. I'm not a
financial advisor. These are only the premiums I'm seeing at
the time of this recording. So go do your own
research and due diligence, but your numbers will look completely
different when you look at it. So with that said,
(03:14):
we're gonna put eight hundred dollars essentially on the line
here for a premium return of three point sixty three percent, right,
and that is in a thirty nine day period. I
always like to see my annual return here. Obviously, we're
not going to do this trade. I mean, there's a
chance we do it nine times through the year and
that's what our return would be.
Speaker 2 (03:29):
And that's fantastic.
Speaker 1 (03:30):
Okay, But if you don't know what the risks are,
I'm assume you kind of already understand the wheel strategy
if you click this video. But just so everybody is
brought off to be listen. No one's left behind here, right,
if in thirty nine days, So if I dropped or Snap,
I keep saying so, I say, I see the S
and I see so I trade too much.
Speaker 2 (03:48):
So fi, guys, I'm just too into it for warning.
Speaker 1 (03:52):
So in thirty nine days, if a Snap is above
eight dollars, let's just say it's traded sideways at eight
fifty year contract expire worthless. Your eight hundred bucks would
be returned back to you to then run the play
again on another opportunity or on the same thing, whatever
you want to do. Right that premium that you're giving
this twenty eight dollars is given.
Speaker 2 (04:11):
To you upfront though.
Speaker 1 (04:12):
Okay, Now let's say thirty nine days rolls around and
Snap is trading at seven bucks. Well, you're buying your
one hundred shares at eight dollars. Now, there are management strategies.
I can't stress this enough, guys, comp listen. The wheel
strategy sounds simple, and it is right for the most part.
It's a simple really not a super active trading strategy.
(04:33):
But it's like anything in life, you can always take
it to the next level. And building confidence and management
is so key. All the different options for rolling and
closing your positions early all that stuff is so so
so important, Okay, cannot stress it enough. Management of the
wheel is so important. So decent premiums here, and then
we also have decent premiums on our covered call sides
(04:54):
as well. And that's what I'm looking for when I'm
looking at these cheaper stocks. I want to make sure
that I'm able to get in and out of them. Now,
some stocks are better than others. Snap is decent, all right.
I wouldn't say it's a you know, a heavily heavily
traded stock with some of the others that I'll show you, right,
But we still have lots of opportunities in here as well, okay,
And we have some decent expirations here that we can
(05:14):
choose from. With these kind of stocks, though, I'm usually
going thirty to forty five days out pretty much every
time because I want to have some really nice premium
as well.
Speaker 2 (05:22):
Okay. So next stock we're going to get into is Upwork, Upwork.
I love it.
Speaker 1 (05:27):
You know this one, okay, you know is at fifteen
thirty five. You know, I understand it supposed to under fifteen,
but the options on it are going to get you
right under or fifteen or right at fifteen. Okay, So
taking a look at our options chain, and this is
one I actually started looking at a lot more recently.
Speaker 2 (05:42):
I'm a huge Upwork user. Guys.
Speaker 1 (05:44):
Pretty Much any single person I hired helped me with
like business or tasks or anything like that, I've hired
from Upwork.
Speaker 2 (05:50):
So I am a.
Speaker 1 (05:50):
Big, big, big believer believer in this stock. Obviously, go
do your own due diligence and research. But if we
go to the cell put and we go out, you know,
about thirty nine days, we can see what kind of
premiums we're going to be getting here Upwork. Unfortunately, you're
not gonna see a ton of volume on a stock
like this, and you're gonna see this a lot with
these quote unquote cheaper, more cost effective stocks. Is just
(06:13):
the reality of the situation, guys. Is just the way
it is. But that's okay. That doesn't mean that we
still can't sell options on them right now. For example,
the fifteen dollars put obviously just trading at fifteen thirty
six right now, right so fifteen is a possibility, and
we can go do some basic technical analysis on this.
Let's go over to upworks technicals right here, and we
(06:34):
can go take a look. I always like to go
look at six months. I'm more of a long term investor,
so if I get stuck holding, I don't mind. You
could see it did drop back in April down to
this eleven dollars range, and its kind of has had
a nice recovery since then, as we've seen across the board.
But we could see we don't really see many options
pun intended under fifteen dollars right now, and you're good
(06:54):
that's occasionally going to happen with these cheaper stocks. But
with that said, you see the fifteen dollar put as
as our example here that we would collect fifty five
dollars of premium on this one.
Speaker 2 (07:04):
Now we're gonna lock up a little bit more money.
Speaker 1 (07:06):
We're gonna lock up fifteen hundred dollars exactly on this
for a nice healthy return here as well. Some of
you guys will argue with me about this return. Pete,
You're locking up fifteen hundred dollars for fifty five bucks,
and and then you're like, that's such a waste of
time and money. I'm like, bro, good luck to you.
Like if it like, good luck to you, right, I
(07:27):
can't stress it enough. Anything like this is already, in
my opinion, really risky. Like a three point six seven
percent return on your ROI is a risky is risky.
The more not risky stuff, or you wanna get like
one to two percent return is gonna usually require a
little bit more of your money, right, It's just the
way it is. Or a more higher traded stock, right,
(07:47):
You're just gonna have less premium up front. You gotta
figure out your goals for yourself. Okay, So moving on
to our next one. And this is one of our
favorites here on the channel, and that is Ford.
Speaker 2 (07:58):
All right.
Speaker 1 (07:58):
I know a lot of y'all hate it all, but
this is one of my favorite coad option strategy stocks.
We've got a fantastic dividend on this, so I don't
mind holding this thing. I love trading a four when
it's under ten, man Like, I just love it because
it just again, look, I don't know, Listen, I don't
know what I'm doing.
Speaker 2 (08:13):
I'm gonna be honest with you, guys. I have no
idea what I'm doing.
Speaker 1 (08:15):
I just usually I've been doing this a lot, and
I've you know, traded like a certain stocks a lot,
and you just gotta get this sense about them. And
when I see Ford under under ten, I'm like, dude,
this is gonna be short lived. That's just me again,
go to your own research and due diligence. But you'll
start getting that when you build your core watch list.
It's like you're like, I've seen this story before, I've
seen this thing play out before. And again it's like
(08:37):
a gut feeling. Like I call it, it's like the
gut technical right, because it's all bullshit, like, let's be honest,
technical analysis, greeks, all of it. Nothing knows what the
stock market is gonna do. Nobody does, Nobody, Nobody, nobody.
But with that said, Ford, I like Ford, and because
again if I get stuck it, it's stuck with it.
Speaker 2 (08:56):
I don't really worry about it. I believe.
Speaker 1 (08:58):
I believe in Ford long term, and I'm gonna to
collect the dividend cover call premiums as well.
Speaker 2 (09:02):
So let's go take a look at the put premiums.
Speaker 1 (09:03):
What we're getting right now, not a great day for it,
since we're already at close to ten to fifty on
this thing going out to our thirty nine day expiration.
Looking at the ten dollars puts right here, collecting about
nineteen dollars in premium, right, and you're putting up about
one thousand bucks, right, So a lot less right, A
lot less here?
Speaker 2 (09:24):
Why is it a lot less?
Speaker 1 (09:25):
Well? Because guys, when stocks are going up, right, and
you could see, you know, Ford is going up, it
just crossed over. It's a two hundred day moving average
working towards the three hundred day moving average. It's getting
into territory where it's covered calls.
Speaker 2 (09:38):
Are better than the cash secured puts rule of thumb.
Speaker 1 (09:40):
Guys, the kind of like blanket statement. When you're at
the bottom of the bowlinger band, sell your cash sagured puts.
When you're towards the top of the bowlinger band, sell
your cover calls.
Speaker 2 (09:48):
Why do we do that right? Well, when we're doing.
Speaker 1 (09:50):
Cashcured puts, Let's say, you know, when Ford is at
like eight fifty or eight seventy whatever in April, you
could have gotten like the eight fifty puts or eight
dollar puts and got a really great ROI on your collateral, right,
and then probably closed it out literally like two weeks
later because we had the just it was the longest
bear market of all time guys, right, Yeah, everybody was
(10:12):
freaking out. Man. People were on the streets in my goodness, man,
the longest bear market. If you survived the bear market
of April, let me know in the comments. So but yeah,
so that's usually a good time to do your cash
secret puts and then again your covered calls at the
top because then you get to maximize your appreciation sale
if you get assigned. So next one we're going into.
You already know it's up, bork, I gotta mention. I'm
(10:34):
gonna mention this one only just briefly up over a
down about three percent today. This thing has been very
tight for the past few months on the spread. You
guys already know. I'm a big, honest, honest fan. So
when I can, I'll sell you know, some puts on
it if they're available. Again, not a super traded, crazy
traded stock here, so you got to kind of take
(10:55):
what you can get with an honest but it's a
five dollars stock again, and it's a product that we
are very high believers in, at least in my family
and all of our friends families as well.
Speaker 2 (11:04):
And then our last one.
Speaker 1 (11:06):
I got, well, I feel like I have to mention
it every day. I'm just so all in on so
I Fi. Guys, listen, go use the app.
Speaker 2 (11:12):
Listen.
Speaker 1 (11:12):
I'm not this is annoying about like dropping affiliate links
or anything. I could easily drop my affiliate link in
this video and tell you to go sign up with
my thing, and we you know, I get seventy five
bucks from you.
Speaker 2 (11:20):
Listen. That's not about it.
Speaker 1 (11:21):
This is not what the channels is about. I don't
need your seventy five dollars, okay, but with so FI, right,
I'm a big believer in it, all right, and I
think the only way that you're going to be a
believer in it is if you actually go use it,
all right, Go use it, see how it works. A
lot of you invest in products that you have never
even used yourself, or understand their business models or anything
like that whatsoever. And I think that is why you've
(11:42):
probably had some pretty big losses that you maybe haven't
recovered from never invest I at least in my opinion,
I don't invest in things I don't understand, right, I
just don't like to if I'd never use the product,
I don't really understand it at all. I'm not going
to get involved in it.
Speaker 2 (11:58):
You know, in my opinion at all.
Speaker 1 (11:59):
Guys, if you want full quad options blueprint, I just
rewrote this ebook, drop a comment down below personally respond
to you. Also, if you are somebody that wants a
more handheld approach on the quad option strategy and you
want to be in an amazing group of high net
worth individuals all doing the same thing Monday through Friday,
tick the link down below in the description of today's video.
(12:20):
There's two requirements for this.
Speaker 2 (12:22):
Number one.
Speaker 1 (12:22):
Unfortunately, guys, when selling options, as you guys know, the
more money you have, the better things kind of work
out for you. So you want to have some sort
of stable stability in your life, have a job, have
an actual portfolio. My recommendation is at least, at the
bare minimum, having at least a ten thousand dollars portfolio. Honestly,
you should probably have closer to fifty thousand dollars per month.
(12:43):
And second, you can't be toxic. We only want to
have people here that can all actually get together on
a daily basis, right and like mastermind together.
Speaker 2 (12:51):
Right.
Speaker 1 (12:51):
I've learned so much right from just this group myself
that has taken my option selling to another level. Absolutely
noo that I've because I was always siloed doing this
stuff for myself, and I was like, you know what,
I'm not if I'm going to do this, and when
I started this channel, if I'm going to do this,
I want to do this and like make friends, make acquaintances,
do live events together, right like, and just be friends
(13:12):
right like that That's the point, because a lot of
us on a daily basis don't really have people that
we could nerd out about this stuff. And I don't know,
if you're anything like me, drop an amen in the comments,
like I could talk, I'd literally who else talk? Who
else talk in their wife's ear off all day?
Speaker 2 (13:24):
About this?
Speaker 1 (13:25):
Right?
Speaker 2 (13:25):
I am?
Speaker 1 (13:26):
I surely am, and definitely am. And baby Noah for
sure is getting his ear full as well. But guys,
in all seriousness, clicked the first link in the description
of today's video, Guys, remember sell options club premiums.
Speaker 2 (13:36):
Repeat I'll see y'all tomorrow.
And you don't need a six figure portfolio to sell options.
Here are five of my favorite Wheel Strategy stocks that
are literally all under fifteen bucks.
Speaker 2 (00:09):
Let's go, yo, what is going on, premium chasers?
Speaker 1 (00:12):
I hope you are having a god blessed day Today
every single person is going to get my new ebook
called The Quad Option Strategy Blueprint, which is a much
more in depth guide on how to sell options the
right way, combining the power of cash figgured puts, covered calls, dividends, appreciation, sales,
and more. So if you want that full blueprint, all
you gotta do is drop a comment down below on
(00:34):
today's video to get your free copy. But guys, today
we're specifically going to be talking about the five cheapest
right Wheel Strategy stocks.
Speaker 2 (00:44):
Now.
Speaker 1 (00:44):
I don't like to talk that them as cheap just
because they're all under fifteen bucks. But I know a
lot of you that tune into this channel. Right, You
don't necessarily have a six figure portfolio, right, and that's okay.
You could still get into selling options. So let's get
into it. So the first one is Snap. Right. The
first Snap just got onto my radar here recently. You
guys may if you follow every single video that I
(01:06):
launched it, which you better you better be watching every
single video, which you're doing click all the ads, get
the boy paid. But in all seriousness, Snap recently got
on my radar again. I did lose a good amount
of money on this and many many years ago. But
Snap has been really, in my mind, a fantastic play.
And the big thing that really got it brought onto
my radar is because it pays their creators so much
(01:27):
more than every other platform, even more so than YouTube.
I'm not gonna go down that whole rabbit hole, but
let me show you guys, Snap a little bit obviously,
currently trading around eight fifty. Let's go take a look
at what kind of options we're getting now. The unfortunate
reality is, guys, when you are starting at a smaller scale,
you're getting into more risk ear stocks. Is just the
reality of this situation. Most of the premiums are going
to be juiced up, right, But with juiced up premiums
(01:50):
comes a lot more risk. And that's just the way
it is. But right, you're only a small portfolio until
you're not right, like, whether you're adding more money, you're
reinvesting whatever you're doing, and The cool thing about the
quad option strategy is stability kind of grows.
Speaker 2 (02:06):
Right. So let's say you kind of you're doing.
Speaker 1 (02:07):
Crazy riskier stuff and it's just and then you're going
up to like not not risky, not not risky, not
not risky, right, and eventually you get to a point
where you could just like do the spy wheel and
just relax right, or do like, you know, some very
boring stuff where you're only looking at like a point
eight or point five ROI on your collateral. Right, it's
a lot more safer place. But let's go over here
and take a look at SOFI. I'm just going let's
(02:28):
just go out thirty to forty five days our normal
go thirty nine days here for this example, and we
could see here's our options chain, right, So right here
we could see so or not so Fi. We could
see snap right for the eight dollars puts currently trading
at eight fifty, we would collect twenty nine dollars of premium.
I always like to put everything in my cash and
get calculator. Guys, I need things just visually showing because
I stay. Even an option chain when I look at
(02:49):
it sometimes.
Speaker 2 (02:50):
Come confuses me.
Speaker 1 (02:51):
Right, So if we only had let's say a thousand bucks, right,
and we're like, you know what, I want to just
try this whole selling options thing. I love Snapchat, you know,
per Let's see now, obviously all these premiums, Guys, everything
I'm showing here is educational example only. I'm not a
financial advisor. These are only the premiums I'm seeing at
the time of this recording. So go do your own
research and due diligence, but your numbers will look completely
different when you look at it. So with that said,
(03:14):
we're gonna put eight hundred dollars essentially on the line
here for a premium return of three point sixty three percent, right,
and that is in a thirty nine day period. I
always like to see my annual return here. Obviously, we're
not going to do this trade. I mean, there's a
chance we do it nine times through the year and
that's what our return would be.
Speaker 2 (03:29):
And that's fantastic.
Speaker 1 (03:30):
Okay, But if you don't know what the risks are,
I'm assume you kind of already understand the wheel strategy
if you click this video. But just so everybody is
brought off to be listen. No one's left behind here, right,
if in thirty nine days, So if I dropped or Snap,
I keep saying so, I say, I see the S
and I see so I trade too much.
Speaker 2 (03:48):
So fi, guys, I'm just too into it for warning.
Speaker 1 (03:52):
So in thirty nine days, if a Snap is above
eight dollars, let's just say it's traded sideways at eight
fifty year contract expire worthless. Your eight hundred bucks would
be returned back to you to then run the play
again on another opportunity or on the same thing, whatever
you want to do. Right that premium that you're giving
this twenty eight dollars is given.
Speaker 2 (04:11):
To you upfront though.
Speaker 1 (04:12):
Okay, Now let's say thirty nine days rolls around and
Snap is trading at seven bucks. Well, you're buying your
one hundred shares at eight dollars. Now, there are management strategies.
I can't stress this enough, guys, comp listen. The wheel
strategy sounds simple, and it is right for the most part.
It's a simple really not a super active trading strategy.
(04:33):
But it's like anything in life, you can always take
it to the next level. And building confidence and management
is so key. All the different options for rolling and
closing your positions early all that stuff is so so
so important, Okay, cannot stress it enough. Management of the
wheel is so important. So decent premiums here, and then
we also have decent premiums on our covered call sides
(04:54):
as well. And that's what I'm looking for when I'm
looking at these cheaper stocks. I want to make sure
that I'm able to get in and out of them. Now,
some stocks are better than others. Snap is decent, all right.
I wouldn't say it's a you know, a heavily heavily
traded stock with some of the others that I'll show you, right,
But we still have lots of opportunities in here as well, okay,
And we have some decent expirations here that we can
(05:14):
choose from. With these kind of stocks, though, I'm usually
going thirty to forty five days out pretty much every
time because I want to have some really nice premium
as well.
Speaker 2 (05:22):
Okay. So next stock we're going to get into is Upwork, Upwork.
I love it.
Speaker 1 (05:27):
You know this one, okay, you know is at fifteen
thirty five. You know, I understand it supposed to under fifteen,
but the options on it are going to get you
right under or fifteen or right at fifteen. Okay, So
taking a look at our options chain, and this is
one I actually started looking at a lot more recently.
Speaker 2 (05:42):
I'm a huge Upwork user. Guys.
Speaker 1 (05:44):
Pretty Much any single person I hired helped me with
like business or tasks or anything like that, I've hired
from Upwork.
Speaker 2 (05:50):
So I am a.
Speaker 1 (05:50):
Big, big, big believer believer in this stock. Obviously, go
do your own due diligence and research. But if we
go to the cell put and we go out, you know,
about thirty nine days, we can see what kind of
premiums we're going to be getting here Upwork. Unfortunately, you're
not gonna see a ton of volume on a stock
like this, and you're gonna see this a lot with
these quote unquote cheaper, more cost effective stocks. Is just
(06:13):
the reality of the situation, guys. Is just the way
it is. But that's okay. That doesn't mean that we
still can't sell options on them right now. For example,
the fifteen dollars put obviously just trading at fifteen thirty
six right now, right so fifteen is a possibility, and
we can go do some basic technical analysis on this.
Let's go over to upworks technicals right here, and we
(06:34):
can go take a look. I always like to go
look at six months. I'm more of a long term investor,
so if I get stuck holding, I don't mind. You
could see it did drop back in April down to
this eleven dollars range, and its kind of has had
a nice recovery since then, as we've seen across the board.
But we could see we don't really see many options
pun intended under fifteen dollars right now, and you're good
(06:54):
that's occasionally going to happen with these cheaper stocks. But
with that said, you see the fifteen dollar put as
as our example here that we would collect fifty five
dollars of premium on this one.
Speaker 2 (07:04):
Now we're gonna lock up a little bit more money.
Speaker 1 (07:06):
We're gonna lock up fifteen hundred dollars exactly on this
for a nice healthy return here as well. Some of
you guys will argue with me about this return. Pete,
You're locking up fifteen hundred dollars for fifty five bucks,
and and then you're like, that's such a waste of
time and money. I'm like, bro, good luck to you.
Like if it like, good luck to you, right, I
(07:27):
can't stress it enough. Anything like this is already, in
my opinion, really risky. Like a three point six seven
percent return on your ROI is a risky is risky.
The more not risky stuff, or you wanna get like
one to two percent return is gonna usually require a
little bit more of your money, right, It's just the
way it is. Or a more higher traded stock, right,
(07:47):
You're just gonna have less premium up front. You gotta
figure out your goals for yourself. Okay, So moving on
to our next one. And this is one of our
favorites here on the channel, and that is Ford.
Speaker 2 (07:58):
All right.
Speaker 1 (07:58):
I know a lot of y'all hate it all, but
this is one of my favorite coad option strategy stocks.
We've got a fantastic dividend on this, so I don't
mind holding this thing. I love trading a four when
it's under ten, man Like, I just love it because
it just again, look, I don't know, Listen, I don't
know what I'm doing.
Speaker 2 (08:13):
I'm gonna be honest with you, guys. I have no
idea what I'm doing.
Speaker 1 (08:15):
I just usually I've been doing this a lot, and
I've you know, traded like a certain stocks a lot,
and you just gotta get this sense about them. And
when I see Ford under under ten, I'm like, dude,
this is gonna be short lived. That's just me again,
go to your own research and due diligence. But you'll
start getting that when you build your core watch list.
It's like you're like, I've seen this story before, I've
seen this thing play out before. And again it's like
(08:37):
a gut feeling. Like I call it, it's like the
gut technical right, because it's all bullshit, like, let's be honest,
technical analysis, greeks, all of it. Nothing knows what the
stock market is gonna do. Nobody does, Nobody, Nobody, nobody.
But with that said, Ford, I like Ford, and because
again if I get stuck it, it's stuck with it.
Speaker 2 (08:56):
I don't really worry about it. I believe.
Speaker 1 (08:58):
I believe in Ford long term, and I'm gonna to
collect the dividend cover call premiums as well.
Speaker 2 (09:02):
So let's go take a look at the put premiums.
Speaker 1 (09:03):
What we're getting right now, not a great day for it,
since we're already at close to ten to fifty on
this thing going out to our thirty nine day expiration.
Looking at the ten dollars puts right here, collecting about
nineteen dollars in premium, right, and you're putting up about
one thousand bucks, right, So a lot less right, A
lot less here?
Speaker 2 (09:24):
Why is it a lot less?
Speaker 1 (09:25):
Well? Because guys, when stocks are going up, right, and
you could see, you know, Ford is going up, it
just crossed over. It's a two hundred day moving average
working towards the three hundred day moving average. It's getting
into territory where it's covered calls.
Speaker 2 (09:38):
Are better than the cash secured puts rule of thumb.
Speaker 1 (09:40):
Guys, the kind of like blanket statement. When you're at
the bottom of the bowlinger band, sell your cash sagured puts.
When you're towards the top of the bowlinger band, sell
your cover calls.
Speaker 2 (09:48):
Why do we do that right? Well, when we're doing.
Speaker 1 (09:50):
Cashcured puts, Let's say, you know, when Ford is at
like eight fifty or eight seventy whatever in April, you
could have gotten like the eight fifty puts or eight
dollar puts and got a really great ROI on your collateral, right,
and then probably closed it out literally like two weeks
later because we had the just it was the longest
bear market of all time guys, right, Yeah, everybody was
(10:12):
freaking out. Man. People were on the streets in my goodness, man,
the longest bear market. If you survived the bear market
of April, let me know in the comments. So but yeah,
so that's usually a good time to do your cash
secret puts and then again your covered calls at the
top because then you get to maximize your appreciation sale
if you get assigned. So next one we're going into.
You already know it's up, bork, I gotta mention. I'm
(10:34):
gonna mention this one only just briefly up over a
down about three percent today. This thing has been very
tight for the past few months on the spread. You
guys already know. I'm a big, honest, honest fan. So
when I can, I'll sell you know, some puts on
it if they're available. Again, not a super traded, crazy
traded stock here, so you got to kind of take
(10:55):
what you can get with an honest but it's a
five dollars stock again, and it's a product that we
are very high believers in, at least in my family
and all of our friends families as well.
Speaker 2 (11:04):
And then our last one.
Speaker 1 (11:06):
I got, well, I feel like I have to mention
it every day. I'm just so all in on so
I Fi. Guys, listen, go use the app.
Speaker 2 (11:12):
Listen.
Speaker 1 (11:12):
I'm not this is annoying about like dropping affiliate links
or anything. I could easily drop my affiliate link in
this video and tell you to go sign up with
my thing, and we you know, I get seventy five
bucks from you.
Speaker 2 (11:20):
Listen. That's not about it.
Speaker 1 (11:21):
This is not what the channels is about. I don't
need your seventy five dollars, okay, but with so FI, right,
I'm a big believer in it, all right, and I
think the only way that you're going to be a
believer in it is if you actually go use it,
all right, Go use it, see how it works. A
lot of you invest in products that you have never
even used yourself, or understand their business models or anything
like that whatsoever. And I think that is why you've
(11:42):
probably had some pretty big losses that you maybe haven't
recovered from never invest I at least in my opinion,
I don't invest in things I don't understand, right, I
just don't like to if I'd never use the product,
I don't really understand it at all. I'm not going
to get involved in it.
Speaker 2 (11:58):
You know, in my opinion at all.
Speaker 1 (11:59):
Guys, if you want full quad options blueprint, I just
rewrote this ebook, drop a comment down below personally respond
to you. Also, if you are somebody that wants a
more handheld approach on the quad option strategy and you
want to be in an amazing group of high net
worth individuals all doing the same thing Monday through Friday,
tick the link down below in the description of today's video.
(12:20):
There's two requirements for this.
Speaker 2 (12:22):
Number one.
Speaker 1 (12:22):
Unfortunately, guys, when selling options, as you guys know, the
more money you have, the better things kind of work
out for you. So you want to have some sort
of stable stability in your life, have a job, have
an actual portfolio. My recommendation is at least, at the
bare minimum, having at least a ten thousand dollars portfolio. Honestly,
you should probably have closer to fifty thousand dollars per month.
(12:43):
And second, you can't be toxic. We only want to
have people here that can all actually get together on
a daily basis, right and like mastermind together.
Speaker 2 (12:51):
Right.
Speaker 1 (12:51):
I've learned so much right from just this group myself
that has taken my option selling to another level. Absolutely
noo that I've because I was always siloed doing this
stuff for myself, and I was like, you know what,
I'm not if I'm going to do this, and when
I started this channel, if I'm going to do this,
I want to do this and like make friends, make acquaintances,
do live events together, right like, and just be friends
(13:12):
right like that That's the point, because a lot of
us on a daily basis don't really have people that
we could nerd out about this stuff. And I don't know,
if you're anything like me, drop an amen in the comments,
like I could talk, I'd literally who else talk? Who
else talk in their wife's ear off all day?
Speaker 2 (13:24):
About this?
Speaker 1 (13:25):
Right?
Speaker 2 (13:25):
I am?
Speaker 1 (13:26):
I surely am, and definitely am. And baby Noah for
sure is getting his ear full as well. But guys,
in all seriousness, clicked the first link in the description
of today's video, Guys, remember sell options club premiums.
Speaker 2 (13:36):
Repeat I'll see y'all tomorrow.
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