Good morning everyone, 8 ATR keeps us in this game long-term. Quick one: I will sell $560 puts on SPY for tomorrow (Dec 20th) at whatever price. Yesterday, it was $150. In the classroom area, I did another one with 3X the income. But in general, you can grab any of the indexes at the opening bell - SPY, QQQ, IWM it doesn't matter the income is super high and the 560 SPY is about 7 ATR. Also, this is a rare case where the /ES futures have maybe 1.5X more income than SPY compared to 5X on average. Tells me prices are very expensive due to Vix jumping and I'll take advantage of that by selling puts on SPY. Buying Power needed is only 8k compared to 55k on Robinhood. Let that sink in It won't last long as futures are already green and up 0.7%. I mentioned yesterday this was nothing just to flush retail before monthly expiration and up we go for the next month imho.

Hello everyone, Today's trade idea plus 2 more in the course area that have small accounts in mind (4k buying power per trade) 🔥 HSY - $192.66 price - selling $170 puts - $132 income - $5,120 BP - Jan 17th Exp. (posted news yesterday and IVR is over 100 so I take advantage of that).

Thanks for the income ideas and videos. I have mentioned about this service to some of my friends and they are interested to join too

Is that $97 onetime fees or monthly or yearly? Thanks