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Coach Mak | Know Your Money
@WealthCoachMak
I write emails to 2,500+ people to help them make 4 to 5 figures of monthly income by trading options https://t.co/DaTyWnX6hz
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Aug 15
•
7 tweets
•
2 min read
What is Gamma in Options trading?
GAMMA is a crucial concept in options trading that often gets overlooked
It measures the rate of change in an option's DELTA in relation to changes in the stock’s price
Let’s dive into it
A brief thread 🧵 👇👇👇
Quick note about Gamma in Options trading:
✅ Selling options = gamma negative
✅ Buying options = gamma positive
For every $1 move in stock price the DELTA moves by the amount of GAMMA
In simple terms:
✅ Gamma measures how quickly delta changes
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Aug 12
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6 tweets
•
2 min read
What is Delta in Options Trading?
In the context of options Delta is a risk metric
It measures the sensitivity of an option’s price to changes in the price of the stock/ETF
A brief 🧵 👇👇
Delta measures the amount an option’s price will change with a $1 move in the underlying stock
The value of a delta can range from -1 to +1
Example:
If a call option had a delta of 0.50 (50 delta) & the underlying stock went up by $1 the option price increases by 50c
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Jun 22
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9 tweets
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2 min read
If I had $10,000 and I wanted to just passively sell options and earn income?
Here is how I would do it 👇👇👇
$SOXL $HOOD $PLTR $SPY $QQQ
This would generate $245 -$295 in monthly income
That’s more than 30% annual return when compounded
👇👇👇 The idea is to sell these very passively
I wouldn’t need to check these every day
I wouldn’t need to monitor these every day
Very passive trades
No weekly or bi-weekly trades
Monthly trades that are CONSERVATIVE
Rinse and Repeat
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Jun 15
•
10 tweets
•
3 min read
If I had $100,000 and I wanted to keep my trading strategy really simple with not much time and effort?
I would pick 3 HIGH quality stocks
$AMZN $NVDA $TSLA
This would generate a 32% annual return plus potential capital gains
Here would be my system: With stocks like $AMZN $TSLA $NVDA that have:
✅ established history
✅ great products
✅ potential future growth
✅ Lots of Cash
You know they are great companies that won’t tank your portfolio
Here is how I would do it:
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Jun 8
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13 tweets
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3 min read
I make more than $3,000 per week by Selling Options
Here is how I do it 👇👇
🧵 The two primary strategies I use:
✅ Selling Covered Calls
✅ Selling Cash Secured Puts
Save as PDF
Jun 5
•
7 tweets
•
2 min read
🚨 Strategy Spotlight: Bear Call Spread 🚨
It's easy to make money when we are in a Bull Market
But how do you make money in a Bear Market?
Here's ONE way to do it:
A Bear Call Spread
A thread 🧵 that shows how to set it up with an example
👇👇👇 What is a Bear Call Spread?
- It's an options strategy designed to capitalize on a decline or neutral movement in the underlying stock
- It's also called a Call Credit Spread
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Jun 1
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6 tweets
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2 min read
What is Delta in Options Trading?
In the context of options Delta is a risk metric
It measures the sensitivity of an option’s price to changes in the price of the stock/ETF
A brief 🧵 👇👇
Delta measures the amount an option’s price will change with a $1 move in the underlying stock
The value of a delta can range from -1 to +1
Example:
If a call option had a delta of 0.50 (50 delta) & the underlying stock went up by $1 the option price increases by 50c
Save as PDF
May 18
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6 tweets
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2 min read
I love investing in the BIG Tech and small Tech
So you won't be surprised that I love to trade $SOXL and $TQQQ
And invest in $QQQ
I made 18% in less than 2 months trading
Here are my rules to trade these
A thread 🧵 👇 $SOXL is the 3X ETF for the semiconductors
$TQQQ is the 3X ETF for the Tech heavy Nasdaq (QQQ)
$2701 in locked profit using $14,988 of average collateral using $SOXL and $TQQQ
Here are some rules that I follow trading these tickets
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May 5
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11 tweets
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2 min read
I have made an average of $2,954 each week selling options in 2024
I have rules to my system
Here are my 6 rules: It’s no joke I make between $2,500 and $4,000 a week selling options
Let’s get into the rules that frame my repeatable system
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Mar 29
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11 tweets
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2 min read
Option Selling helps me generate $1000s per week in cash flow
My sweet spot for selling options is Delta 0.15 to 0.25
Let's talk about the benefits of selling options with a delta of 0.15 to 0.25
👇👇👇 What’s delta?
Delta measures the sensitivity of an option's price to changes in the price of the stock
Options with a delta of 0.15 to 0.25 are slightly out-of-the-money (OTM)
Meaning the strike price is above (for calls) or below (for puts) the current stock price
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Mar 14
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12 tweets
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2 min read
Top 8 mistakes beginner options traders make
And how to avoid them:
Thread 🧵 Options have great benefits
You can cut losses, protect your gains and control big chunks of stocks with a relatively smaller amount
But…
You can also quickly lose more money than you invested with options
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Feb 19
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6 tweets
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1 min read
A thread 🧵 about Option’s premium
There are two parts to an option’s premium:
✅ the option’s intrinsic value
✅ the option’s extrinsic value (time value)
👇👇👇 The intrinsic value of an option holder (buyer):
It is the difference between the underlying stock’s price and the strike price
Intrinsic Value of a Call option = Current Price - Strike Price
Intrinsic Value of a Put option = Strike Price - Current Price
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Feb 16
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12 tweets
•
3 min read
I traded over 300 covered calls in 2023 and generated more than $51,500 in income
Here are my 10 steps for trading a covered call:
👇👇👇
$TSLA $AMZN $GOOG $COIN $AAPL $SQ $SOFI $PLTR Choose a stock or ETF you like for the long term and are bullish on:
✅ Are they profitable?
✅ Are their earnings growing?
✅ Do they have a GREAT product or provide great service?
✅ Do they pay a dividend?
✅ Would you want to own it for 5yrs?
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Aug 26, 2023
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14 tweets
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2 min read
📊 Considering a Cash Secured Put?
Buckle up for some trading insights! 🛡️📉
A thread 🧵 that you will enjoy 😉
👇👇👇
#OptionsTrading #Optionselling ✅ Intro to CSPs
Cash Secured Puts – a savvy trading strategy where you agree to buy a stock at a price you're comfortable with
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Aug 14, 2023
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6 tweets
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1 min read
What are Covered Calls?
Covered Calls are a popular options strategy that can be used to generate CASH 💰
How?
From your stocks that you already hold
I sell CCs on $AAPL $GOOG $AMZN $TSLA $AMD $SOFI $DDD $QQQ $SQ $JNJ $TQQQ
Basics of Covered Calls
👇👇👇
#OptionsTrading Basics of Covered Calls:
✅ Sell a Covered Call Option
✅ Collect your cash!
✅ Repeat
If you like CASH, Covered Calls are for you 💸💰
How do you start? 👇👇
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Jul 20, 2023
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14 tweets
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3 min read
Let's explore the world of buying LEAP calls and weigh their advantages and disadvantages
LEAPs offer exciting opportunities
But it's essential to understand both sides of the coin before diving in
Let's get started! 💡📈
A thread 🧵 👇👇👇
#OptionsTrading 📆 Extended Timeframe
LEAP calls provide a longer expiration period typically more than a year
This extended timeframe gives you ample time for your investment thesis to play out
This allows for more price swings and potential profitability
Example: $TSLA 1/17/25 $200C
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Jul 19, 2023
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11 tweets
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2 min read
I am primarily an Options Seller
But I also buy Options from time to time
Selling options is much more consistent then buying options
Options Selling vs. Options Buying 📈📉
Pros and Cons
A thread 🧵
👇👇👇
#OptionsTrading #Optionselling #Optionbuying 🔥 Options Selling
Selling options involves writing (creating) options contracts for a premium
It can offer several advantages:
✅ Income Generation
Selling options allows you to collect premium income upfront providing a consistent revenue stream
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Jul 16, 2023
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7 tweets
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1 min read
Using delta in options selling?
It involves understanding its significance in determining the sensitivity of an option's price to changes in the underlying stock price
A brief thread 🧵 on how you can utilize delta in options selling
👇👇👇
#OptionsTrading #Optionselling ✅ Delta as Probability
Delta can be interpreted as the probability of an option expiring in-the-money
For example: a delta of 0.30 implies a 30% chance that the option will be in-the-money at expiration
Lower the delta lower the odds of the option ending up in-the-money
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Jul 1, 2023
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8 tweets
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2 min read
I got assigned $AMD at $122 on June 22
When $AMD was at $109
I had already made $425 in premiums in 2 weeks so my cost basis technically is lower than $122
Now I will sell Covered Calls on this assigned lot
A brief thread 🧵 on my process
👇
#OptionsTrading #Optionselling When the current price is much lower than my cost basis I can’t really sell weekly Calls at my cost basis
Not much premium
I have to sell below my cost basis
But isn’t that risky?
I might lose my $AMD shares at a loss below your cost basis
Not really
👇👇👇
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Jun 23, 2023
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6 tweets
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2 min read
A thread 🧵 about selling $TSLA puts
It’s from the week ending June 23
These puts are sold on margin without the intention of getting assigned
On June 16 I sold puts below delta of 0.09 - 10 contracts
✅ Premiums: $1220
👇👇👇
#OptionsTrading #Optionselling
On June 20 $TSLA was climbing up from the low $260s to high $260s
I rolled the $TSLA puts from $240 to $245 strike
Same expiration
✅ Added Premium: $330
#OptionsTrading #Optionselling
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Jun 19, 2023
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13 tweets
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4 min read
If you have $100,000 in cash you can safely generate $450/week of income
Doesn’t sound much?
That translates to a 23% yearly return
How do you do this?
By selling Cash Secured Puts at a 85% success rate
A brief thread with example trades
👇
#OptionsTrading #Optionselling…
twitter.com/i/web/status/1…
$AMZN
Income: $37
Capital: $12,100
Time: 1 week
Success rate: 85.5%
A big tech still with big growth prospects