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.

Fun day today...VIX up nearly 44%. We should have some good premium tomorrow. Did anybody sell anything?

Hello everyone, Volatility is very low and after going over my watchlists (full chapter step by step coming up in future course) there are 0 trades I like to get that are good from a risk/reward ratio. You will learn with time that most of my trade ideas come up between day 40-60 to expiration and then I chill till day 20 with a lot less trades and from day 10-20 I manage and close the trades or let them expire worthless. No need to trade every day, this isn't a gambling channel. Let the trades you took in the past 2 weeks work in your favor and let time decay do its thing. Side note - If you're looking to short the spy or thinking when this insane bull run will stop for a bit the Keltner channels to the extreme on my settings aiming for $630 so another 3-4% rally from here till we get to the top of the insane top. P.P.S. - I've never seen spy at those extreme levels. Never. It seems like every new trader thinks this market will go on forever with not even a slight correction and they are due for some major wake-up. If you look closely at the picture you see every time it got close to the extreme we went down so something to keep in mind. Another side note - to hedge against such risk I will have a full chapter on an upcoming advance course after the basic one goes live that will include the black swan hedge trade idea and how I put it on once a quarter. Have a good weekend everyone, this is a new group and it's starting to take on a life of its own which is good and I must say it feels much better than FB groups. Let me know your thoughts. Ziv

Hello everyone, Today's trade idea is a freebie and no trades are posted in the course area (no volatility) COST - $1,000 price - 880-900-1100-1120 iron condor - $300 income - $1,700 BP (and max loss) - Jan 17th Exp. Iron Condors I do on high-price stocks, I don't enjoy it but it's an addition of income from time to time. It is a defined risk trade so your max loss is $1,700 if Costo is over $1,120 or under $880 by expiration. 🔥 Max win is between 900-1,100 🔥 My goal with iron condors is to close the trade at 50% profit and get out as soon as possible but it's up to you how to manage your trade. Let me know your thoughts? P.S. If you need help understanding Iron Condors and how to set up this trade or any other options-related questions you can always DM me here. P.P.S - If you want more trade ideas check the course section for $ 97-lifetime access before prices go up to $49/month (soon) 🔥

Uber is getting close to the green Keltner Channels line which is already 4X the extreme at my settings. Currently, the $55 puts for Jan 17th is 2ATR and 2 contracts yield you $146 income with $3,300 Buying power. I don't mind owning 200 shares ($11,000) of UBER a month from now at the bottom of 4x Keltner channels and probably do covered calls against it if I get assigned. It still needs to drop 2ATR by closing day and it was around $80 last month so I'm good with that risk/reward ratio. Let me know what you think.