 Hey, what's up you two, I'm Zeke and welcome to the dream green show. In this episode, I'm going to be showing you guys a simple three legged option strategy called the zebo strategy that you can use to make money while the market is trading sideways or the market is having a big pullback like we're experiencing right now. So it's easy to make money in the stock market when the prices are going up, when we're in the bull market, but when the market is pulling back only experienced, knowledgeable investors really know how to make money in the stock market when the prices are pulling back. And today I'm going to give you a little bit of that knowledge in this simple three legged option strategy. It's going to involve the Greeks, the deltas, I'm going to go over that in just a little bit. So make sure that you stick throughout this entire video so you don't miss out on this crucial information. But before we dive into it, this video is brought to you by MooMoo. Sign up now by clicking the link down in the description, depositing $100 and you're guaranteed a free stock of free $25 stock just from signing up and depositing $100. That is a special deal that we collaborated with. So you guys don't want to miss out on that opportunity. Just click the link down below, get your free stock. With that free stock, you could keep it inside of the platform and decide to use it or you could sell that free stock and withdraw all of your money. It's literally free money guys. Also, I left a link in the description to Weeble. Click that deposit $100 and you'll receive two free stocks from signing up for Weeble. So don't miss out on all of these amazing opportunities to make free money guys. But enough talking. Let's go ahead and dive straight into this video. Welcome back dreamers. Here we are inside my Robin Hood account. I'm sitting at $70,816 on the week. I'm up $600 and on the month, even though we did have a big pullback, I still found some ways to make some money. I'm up almost $1,000. But let's just use a NEO for example on this option strategy that I'm going to show you guys. Make sure that you do your own research. This is just an example. Please do your research on your own stocks, whichever one that you guys have been doing your technical analysis on. I'll show you a little technical analysis after this. But here we are on NEO, right? So Robin Hood don't allow you to short sale on their platform. So another way that we could short sale is by buying puts on Robin Hood. But I'm going to show you guys even better strategy because if we just buy puts, let me go trade options next week. If we just buy puts, that is us betting that the stock is going to go down. We do not actually have a maximum on how much we can lose. We can lose a whole bunch of money if we just buy put betting that the stock goes down. Because if the stock goes all the way up, we will lose a whole bunch of money guys. So let me show you an even better strategy called the zebra strategy. Now zebra stands for zero is standard back ratio. So let me show you guys exactly what I mean. The first thing that we want to do is hit sale put. And we want to pick one where the delta is 0.5 or negative 0.5. So if we click on the 35, the delta right there is negative 0.4. So we don't want to pick that one. So we're going to click on the 36. That's close enough negative 0.59. It's almost six, but it's still in the five. So we're going to click that one. We're just going to hit the plus button right there on the right. And the second thing that we're going to look for we're going to change over to buy put and we're going to click one that has a delta of negative 0.7. So let's try the 38 put. Nope, that's negative 0.85. So let's try the 37 put. There it goes down in the Greeks, negative 0.07. So we're going to click that one. Now after we do this, we want to buy two puts and just one sale put. A sale put is us agreeing to buy 100 shares of NEO at that price point. But a buying a put is betting that a stock is going to go down and we pick the 37 on that. So let's just, to make it simple, let's pull up the graph. We want to buy two of the puts and one sale. So we're going to continue and hit edit ratio right here. And remember right there that sale put so we only want one of those and buy puts we want two of those. So we're going to click that button right there. And there you guys go. This, the total cost that this would cost us is $266. That would be our maximum loss that is the most that we will be able to lose and our max profit is $3,534. So we could literally turn $250 into $3,500. If all of the stars in the sky line in a perfect world, we can make that. But it's always great to have a max loss right there. Remember when you're just buying a put you do not have a max loss. Now another thing that makes the zebra strategy better than just buying puts not only that we do have a max loss is that if NEO decided to trade sideways over the next week and we just bought a put we will lose money. But right here doing the zebra strategy if NEO trade sideways right here we will lose no money. We will break even. And for every couple of cents that NEO goes down every dollar NEO goes down we will be in profit guys. So I think that doing the zebra strategy the shorting zebra strategy is better than just buying puts on stocks that you believe is going to go down over the next week or so. And stocks have been having a major pull back over the last couple of days or so. So this is a strategy that if you've been paying attention to the market only if you've been paying attention to the market that you might want to use and utilize to make a couple of extra dollars while the market is pulling back. So let's go ahead and dive into TradingView we'll look at how I view some of these setups and then we're going to the option profit calculator just to show you guys exactly how much you can make. All right here we are on TradingView this is NEO the one hour chart. So you guys do want to plan out your chart once again NEO is just an example. Please make sure that you don't have any dividends they coming up any X dividend dates coming up any earnings reports coming up when you're doing strategies when you're playing options or else you want to close out of your options two days earlier before earnings and X dividend dates. So make sure that none of that is coming up make sure you do all of your technical analysis before you just enter a trade do not enter trade blinds that's how a lot of beginners end up losing that money so make sure you do your own research. But here we are over on the option profit calculator. The stock that we were going to be looking at is NEO it get price the first one we're going to be doing we're going to be selling a put we're selling a put at 36 right here and then we'll be buying a put two of them at 37 right here. And we're buying two of these contracts. And right here let's say if NEO goes all the way down to $25 and NEO shoots up to 40 ish dollars all right. Let's hit calculate. And there we go guys if longest NEO stays below 3550 we'll end up making profit all the way through starting off from September 26th all the way through expiration date if NEO falls down to $30 we'll make a profit of 200% $533 and so on and so on if the price falls down. But once again if you guys see right here we have a max loss the max that we could lose is $267 $267 no matter how far the price of NEO goes up we will hit our max loss guys. So as long as NEO whatever stock that you pick decides to fall down or trade sideways that week you should end up making some money and this is a little safer than buying puts because we do have a max loss involved in this and this is called the zebra strategy. And there we go YouTube I know this one was a little extra involving the deltas and if you guys don't know with the Greeks I might make a video of that if you don't want to miss out on the Greeks make sure you subscribe to this channel so you don't miss out on any future videos if you do want to be a part of me doing technical analysis I do that over in my Patreon which goes to my Discord so I post my technical analysis over in the Discord if you want to join that I'm gonna leave that link down in the comment section it'll take you to Patreon you just link your Discord to that and then you'll automatically be put in if you guys want to be a part of my trades and my technical analysis. But don't forget to pick up your two free stocks of Weeble your guarantee free money of Moomoo just for clicking those links down in the description sign up for that get your free money guys I highly encourage that but other than that I'm Zeke bringing you the Dream Green Show and I'm out peace