 Hey, what's up YouTube? I'm Zeke and welcome to the dream green show and the last couple videos I showed you how you could two extra money in options three extra money options and then seven extra money by playing Options and you guys absolutely love those videos you hit that thumbs up button so many times But in those situations it was showing you how to make money in a non volatul market Well now that the market is kind of volatul that means that the market is not trading sideways anymore It's either going up or it's going down by a couple of percents every single week and in this video I'm going to show you guys how you can not only two extra money, but you guys have a chance to make an Unlimited amount of money in this video. So let's just say ten extra money in one option trade in a volatul market So in this video, I'm going to show you guys a quick setup in exactly how to enter this option trade and only takes Two legs so it's very simple guys But before we dive into this video this video is brought to you by we both signed up now by clicking a link down in the Description deposit five dollars and now you can receive two free stocks value it up to $2,300 which are two free stocks you could keep them inside the platform and decide to use it Or you can sell those two free stocks and withdraw all of your money is literally free money Also, there's a new app out there called Moo Moo sign up now by clicking a link down in the description Deposit $100 and now you can receive up to four free stocks and since they're a new broker's app a new broker's company There are tons of ways for you guys to earn free money over on Moo Moo Go ahead and pick up those four free stocks Sell them withdraw all of your money if you want to or you could keep them inside of the platform and decide to use it I'm going to leave the link to Weeble down in the description And I'm also going to leave the link to Moo Moo down in the description. Make sure you guys pick up your free Money 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 64 thousand seven hundred fifty six dollars and fifty six cents Let's go ahead and show you guys the setup that is looking pretty good right now We're looking at charge point and what I mean by the market is volatile Let's look at the last week is down nine percent alone if we would have did this option strategy Last week we will have made so much money guys, but it's down nine percent of the last month is down 17% But over the last three months you guys can see that it's starting to make a double bottom If we look at the year it has a good support around the $20 price range $20 price range $20 price range and now we're approaching the 21 ish dollars price range So once it always goes around $20 it kind of make a little bounce back So this can be our opportunity to make an option trade inside of a volatile market that can make us an Unlimited amount of money whether the stock goes up or whether the stock goes down We're gonna make money no matter what as long as the stock do not trade sideways But before we set it up charge point is a company that is the world's largest Electric vehicle charging station company Electric vehicles is the future guys so investing to charging stations like charge points our Tesla right now It's like investing into shell and different oil and gas companies in different gas stations back when Henry Ford made the first Ford motor vehicle guys So so investing into electric charging stations would be Just like investing to gas stations way way way back in the day when the first combustion engines first came out So this is a very long-term play for me But but as I see that approaching a support level me But putting in our option strategy to where if the price goes up or the price goes down I make money because I know that around the 20 ish dollar price point It usually makes a move sooner or later. So how to set this up. We're gonna hit trade down at the bottom We're gonna click trade Then click trade options All right, so we're gonna go out a week in advance So next Friday will be August 27th. You could pick a week out advance You could put two weeks out in advance and the first thing that we want to do we want to buy a call This is gonna be our first leg. So let's say charge point right now is at $21 and 44 cents and we're saying that it's not gonna be at $21 and 44 cents So let's pick the price closest to it, which would be 2150 So we're gonna hit select at the top right You guys have to go into your options and enable Advanced option trading it takes half a second to do that You just go into your options hit advanced option trading So you guys will have access and you guys have access to put in multiple options on one trade So we're gonna hit select that to top right and the first one we're gonna do We're gonna buy a call closest to the share price So we're gonna buy the 2150 call and that's gonna cost us 69 cents Multiplied by a hundred shares of $69 the second thing that we want to do we're gonna buy a put So buying a call is betting that the price goes up buying a put is betting that the price goes down 2150 is gonna cost us 96 cents per share times a hundred shares. So 96 dollars We're gonna hit buy right there So at the bottom you guys can see that we have two options selected at the same price betting that it goes up Or betting that it goes down and this option strategy on rival hood is called the straddle So this is called the straddle strategy betting that the price is going to make a move and not trace sideways So the break-even price for us guys if you take a look right here We have an unlimited amount of money that we could make it says unlimited so you get 10 extra money but as long as charge point right here does not envy week at $23.15 or $19.85 since as long as it don't end in between these two price ranges right here We're gonna make profit and since charge point has been moving down 9% 15% over the last month I think it's gonna make a move pretty soon. So as long as it's trading above $23 and 15 cents There we go guys. We will be in profit all the way up to whatever price that Charge point want to go to and if charge point goes bankrupt and shoots all the way down to zero dollars We can have a max game of $1,985 and all of this is gonna cost us just $100 and 65 cents remember it says one dollar and sixty-five cents Multiply that by 100 shares and that will be a hundred and sixty-five dollars So so we have an opportunity to have an unlimited amount of max profit And what's best about this strategy is that we have a set max loss There's no way that we could lose all of our money of our account our set max loss Is $165 so let's go ahead and pull up the option profit calculator just to take a closer look at it Welcome back dreamers here. We all on the option profit calculator. We're gonna do a custom one It's just gonna be two legs. We could click the straddle juice But let's just go ahead click the two legs right here So once we do that the ticker symbol that we're looking at is charge points with the chp t Charge point and get the price there goes 21 26 now We're the first one that we're gonna do is buy that is us buying a call We're gonna select the options buying the call at 21 50 by one and in the second one we're gonna buy a Put in that 21 50 Which is right here 96 and then agree to the terms and conditions and let's say charge point drops all the way down to 18 let's say it drops all the way down to 16 dollars which it possibly could and let's say It shoots all the way up to 32 dollars which it possibly could we're gonna hit calculate and this is gonna show us our profit So there it goes guys our max loss will be right here 165 dollars lose 100% if it stayed if it trades in between if it trades in between around $23 in 2050 we'll lose our money where we lose some of our money But as if it's around 21 50 we'll lose all our money as long as it's above $23 and 50 cents you guys can see that we can have profit all the way up to 536% soft off a hundred and 35 so off of a hundred and sixty five dollar trade We could be all the way up to 885 dollars Profit in just a single week guys and yes charge point could shoot all the way up to 32 dollars in just a single week Just remember last week and went down 9% alone if we would have did the strategy last week We would have made so much money guys and let's just say charge point do shoot down if charge point does shoot down You you could make profit while charge point is going down While you are holding on to the stock long term and there we go guys That is the option strategies the straddle strategy that you guys could implement is very simple as two legs We're trading inside of a volatile market all the other strategies was trading inside of a market That's not volatile and this one we're trading inside of a market that is volatile So if you see a stock has a upcoming Upcoming earnings point or in danger of losing their dividends Then you guys could put the straddle strategy on if it has an amazing earnings report in the stock shoot up You will make money if it has a horrible earnings report in the stock shoot down You will make money so you guys can learn how to make money while the market is still Volatile, but let me know what you think about your strategy down in the description Make sure you hit that thumbs up button and subscribe to this channel and also hit that notification bell It helps out this channel more than you guys can even imagine pick up your two free stocks from Weeble and pick up your For free stocks from the new app Moo Moo There are they're offering a ton of ways to earn free money over there on Moo Moo But other than that guys if you want to pay attention to every time I buy and sell stocks I'm gonna leave a link to my Patreon down in the comment section over there I post every time I buy and sell different stocks if you guys want to keep up with my portfolio It's amazing community over there So if you want to join that that link would be down in the comment section But other than that I'm Zeke bring you to dream green show and I'm out peace