The second part of the option trading strategy series exploring opportunity with GM. Exploring more in depth the concept of selling a naked put with the striking price of $10. Breakeven at $9.30, another option trading strategy is the credit spread, selling one option and buying another, removing the risk of the naked option and even offering a higher percent return on less margin. For more practical and intelligent option trading strategies, visit Opivo Trading at http://www.opivotrading.com/stock-trading-system-ci, offering a options trading course, going into practical strategies, and a remarkable stock picking service.
Awesome video dude
StockTradingMaster 1 year ago
Its wonderful that you take the time to share and teach people. But naked (uncovered) writing on a GM 10??? I think you may have lost BIG without a tight stop!
Thanks Again for sharing, I advise that you maybe update more often as we all know the story with GM and writing the Put was not a great strategy unless you needed a large tax write off
goldenglovegreek59 3 years ago
Pleae do not listen to this idiot, or perform his suggested trades. He's a flat out moron...suggesting anyone buy a company that is having MAJOR financial problems and is getting ZERO help from the treasury. Check this video back when GM is WAY below $10.
dongalletini 3 years ago