 Hey everybody! This is Giovanni from the Options Trading Channel here with another very simple nonchalant, non-scripted, not really planned out video for you guys! I wanted to just share with you my thoughts, my ideas, my experience from trading naked options for the past three to four months. There are going to be a lot of people that are going to come on here and just talk a lot of trash and that's absolutely okay. From my experience trading the last three to four months trading pretty much just naked options has been amazing. I'll tell you the pros and cons everywhere and this is just my experience. Really before I get into it I need to put a ginormous disclaimer out there. I do not recommend anybody to trade naked options. That's not what this video is about. This video is not about really boasting or anything of that nature, just giving you my experience because there is a lot of people, a lot of traders out there that have said really that you need to stay the hell away from naked options so I'm just giving you my experience. Trading naked options the last three to four months has been probably the coolest experience I've ever had as a day trader. I've never been this successful ever in my entire life. Of course trading with $350,000 trading account helps out tremendously but more so just percentages and probability of making a winning trade has been phenomenal. There has been less than a handful. I would say a good three maybe four trades that we've gotten ourselves into. It's gone completely against us and out of sheer fear gotten out at a loss and lost but the previous wins and the wins after that you can negate all of those losses. I've truly never had this kind of success in my entire life, my trading career. With that being said please don't misinterpret what I'm trying to say. It's just a fact. The pros of this strategy is the probability of winning are astronomically high. They're in the 90-95% ranges of making a winning trade. Now you do have those five to 10% times that could really screw you in the long haul and me I add in there that trading naked options can be a total explosion of your not only accounts but just finances in general. Theoretically there is unlimited losses and you're capping your wins drastically so but that's why you have higher probability of winning and that's just what I really wanted to put out there here today in today's video is there is like a hidden beauty right of having 90-95% probabilities of winning why so many people tend to not trade that because in theory again you can have unlimited losses but so many people tend to move away from that and rightly so right who wants to really truly have infinite losses but that's theoretical that is not real world and there is a clear difference theoretically the stock price can go to infinity right that's that's that is a chance there there is a chance right of it just blowing up from a thousand bucks to a million dollars per share that is a possibility has that ever happened no there it really has sure there has been many instances where a penny stock will blow up to thousands of percent sure i've seen you know 10 000 percent and above and beyond i mean how look at bitcoin what it did so the possibility is there so it is very real i definitely want to put that out there that's it's very real to lose a lot of money and not just the money that you put into the trade money that really you don't even have theoretically the flip side is that your wins are severely capped it can only go from wherever you you sold the option to down to zero that's it from that price to zero it could be ten dollars to zero it could be one dollar to zero um and you you turn that table upside down you when you are a buyer of options you turn it the other way your wins theoretically can be infinite uh because a stock can go to infinity and your losses can only be the amount of money that you put into the trade which is whatever price that you got into uh times the number of uh contract contracts that you purchase down to zero that your your risk is extremely defined not a naked option so if you're going to take anything from this video anything at all is that i've never had this kind of win uh to loss ratios where they're in the in a 95 percentile it's pretty amazing one month in the only way that i can prove it to you is by showing a statement or showing the account and i can actually show you those trades which i keep a clear uh record of not only just in the brokerage account but in my notebook as well uh one month we made uh just shy of eight thousand dollars excuse me not not just a month that's a week we were able to make um close to eight thousand dollars in a week for that entire month i think we got pretty close to making twelve thousand dollars that was uh two weeks or excuse me two months ago i believe i'll have to look into my records comment down below if you want me to post all of my trades all my naked uh trades or if you want to you want me to show you uh that month that we almost made 12 thousand dollars let me know in the comments down below um again just highly highly do not recommend anybody uh to trade naked options one you can lose a lot of money too that's the other uh con about the strategy is it takes a lot of money to trade naked options a lot of portfolio margin uh i do have a 350 000 trading account that i'm trading naked options on and that sometimes we're in just two plays three plays and it's taking up about 250 000 dollars worth of portfolio margin and if you guys don't know about that i'll make a video about that in the future if you'd like comment down below what you think about today's video and give it a thumbs up it'll greatly help me out in the youtube algorithm as everybody says and uh don't forget to hit that subscribe button guys i'll see you guys here on the very next trading video hoping it's a green trade