How I pulled $180 out of the stock market using an Iron Condor on the RUT. I had a 95% chance of winning.
Sorry wasn't the best quality, i just slapped this video together for family members. Wasn't very well thought out and kind of all over the place but you should get the idea. I want to teach these topics and show how to make money from option trading. Let me know if you want to see more.
Congratulations @ballhogjoni! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You made your First Vote
You published your First Post
You got a First Vote
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Welcome to the mix. Glad to see another option trader on Steemit.com
Thanks. I haven't been to active on steemit. I will try to be more active. What are you favorite option trades?
I've been mostly short put spreads over the last year. Much else has been iffy. From the last pullback I was good with everything but the Dow. I stick with indexes. IWM, QQQ, SPY were all profitable. However, I'm rolling the DIA from last month to keep earning a bit.
Good-luck.
I was bullish just because of how the market was trading not that I really thought the market should be going up. I felt some pain for a second in the last pullback but luckily I know how to hedge my trades so I didn't lose much, in fact, i gained a little.
Congratulations @ballhogjoni! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Congratulations @ballhogjoni! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!