Hello Traders! In this week’s video I check in on the IWM trade I put on last week, and explore the tips and tricks I use when deciding which options strategies and stock options trades I want to open.
Options trading is one of many investing strategies traders can use to generate consistent, monthly income from the comfort of your home. I’ve been using puts in my monthly options strategies for a few years now, and it has helped grow my overall portfolio tremendously. In this video, I show you how to make money selling put options.
When you sell puts for income, however, you have to keep in mind that options trading is risky. If you are an emotional investor and thinking only in the short term (i.e., 2 – 3 day time frame), options trading may not be the most suitable strategy. Please don’t dump all of your money into one options trade without understanding the risks. You can lose money if you are not careful!
Here at Tiffany Trades Options, I show you how to take a conservative approach to options trading with defined risk strategies that will slowly, but reliably grow your portfolio over time.
To better understand stock options trading strategies, one must first know what a stock option is! Check it out here: https://youtu.be/CLXhACEPR80
Wondering why I don’t day trade in small accounts? Find the answer here: https://youtu.be/VWpmkZpEvN8
What happens when my trade is profitable? I close it out and open a new one here: https://youtu.be/VoF3exrVd6o
This video is for educational and entertainment purposes only, and nothing I say in this video should be construed as financial advice or a recommendation by me to buy or sell any sort of security of investment, or open an account with any specific brokerage firm.
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DISCLAIMER: Links included in this description are affiliate links. If you purchase a product, or open an account with the links that I provide here I may receive a small commission or referral bonus. There is NO additional charge to you! Thank you for supporting Tiffany Trades Options so I can continue to provide you with FREE content each week!