 Hey, what's up YouTube? I'm Zeke and welcome to the dream grand show. In a couple of videos ago, I showed you guys how you could three extra money every week by playing options. And then a couple of weeks later, I did a video to where you could four times your money by playing options. Well, in this video guys, I'm gonna bring you a very special kind of tricky option to where you could seven extra money. Yes, that's right. Seven times your money in just one week guys by playing this option strategy. It's a little tricky. So you guys have to stick throughout the entire video to keep to even grasp concept of this strategy that I'm about to show you guys in this video. So make sure you pull out your pen, your paper, your notebooks and make sure that you write down every single thing. And if not pause and rewind and go over it because you got to put in everything just perfect in order for this option strategy to work. So make sure that you go ahead hit that thumbs up button for this option strategy. Go ahead and subscribe to the channel and hit that notification bell. But before we dive into this video, this video is brought to you by Weeble. Sign up now by clicking the link down in the description the prize of $100 and now you could receive two free stocks added up to $2,300. With those two free stocks, you could keep them inside of the platform and decide to use it or you could sell those two free stocks and withdraw all of your money. It's literally free money. Also I left a link in the description to Coinbase. That is by far the easiest way to buy and sell cryptocurrency. But enough talking, let's go ahead and dive straight into this video. Welcome back, dreamers. Here we are inside my Robinhood account. In order to utilize this strategy, you kind of want to pick a stock that trades sideways that no big news is coming up, no dividend payments is coming up, no announcements, no earnings date is coming up. You want to kind of play a stock that has been trading sideways for a little bit and you expect the price to kind of stay even over the next seven days or by the time that your options expire. But for fun, let's just go ahead and pick up around a $30 stock, something that's affordable like GPS. Now there are plays out there that's better than Gap and there's our plays out there that won't give you as much as Gap. So for right now, let's just go ahead and use Gap because it's around $30 and it'll be a little bit more affordable to us in order to grow our small accounts. All right, so what we want to do, we want to click trade and then click trade option guys. All right, so right now we're on Wednesday going on Thursday. So let's just go out since it's already too close to Friday, we're going to go out to next Friday since it's already Thursday and we don't want to pick up a two day contract. We want at least a seven day contract. So we're going out to July 30th. Now the first thing that we want to do is switch over to sale call. And a big problem that a lot of you guys had in the last video was that you was not able to select multiple options. Either you have to go into your settings and then change your settings on your options and how long you've been trading options or your knowledge on options inside your settings. But once you do that, there should be a button at the top right that says select. We're going to click that button. All right, so right now we're on sale call. We want to pick the strike pass that's right below the current price. The current price is $29 and 47 cents. So we're going to pick the sale call. We're going to sell three of these options right below the strike price right there. And that's telling us that we have the option to sell 100 shares of the sale call. But don't worry about that. I'm going to show you guys exactly what it all means at the end of this video. But that's just right. That's the saying that we have the right to sell 100 shares of this option at that certain, at that strike price of $29. All right, so after we going to select three of those we'll just select one for now. We're going to switch back over to buy. And then we're going to buy a call that's right above the strike price that we just picked. So since we picked $29 call, we want to pick one right above that, which will be the $29.50. So we're going to click that one. We're going to end up buying two of those. And then the next pick that we're going to do is we're going to go down right below the strike price of $29. The next one is $28.50. We're going to skip that one and pick one right below. So we're going to pick one that's two below the current one that we're selling. And this is the strategy that we're going to be using. This is called the Christmas tree butterfly with calls. All right, so once we selected all of those, remember we're going to hit sell call, select right below the strike price, change back over to buy call, pick one right above that and then skip two down and pick that one. All right, so this is where it gets tricky. So make sure you pay attention. You can slow it down if you need to. We're going to hit edit ratio at the top right there. All right, so the ones that we're selling, we're going to sell three of those at the very top, the $29 strike price. And then the ones that we're buying, we're going to buy two. And this is the two that was above it. And then the one that was below the strike price that we was looking at, we're only going to buy one of those. We're going to hit done. And there it goes guys. Our total cost is going to be $12. And our max profit is $88. And if we pull it up, you guys can kind of see where the Christmas tree, the Christmas tree butterfly name come in and kind of look like a Christmas tree a little bit. But our max loss that we could possibly lose is just $12 guys. And our max game is $88. That is over a seven times your profit in just a week. Now, Robin Hood shows a good job of the strategy. I mean, it shows a good job of the strategy. If it falls to $28.12, we'll break even. But if it falls to $28, we'll lose $12. And then they'll show our gains in between. And if it goes above $29.44, we'll break even. But if it goes a cent above that, we'll end up losing $12. So it's always great to calculate in the max loss. The max loss that we could lose is 12 in the max gain that we will have. Although it does have a max gain, but we do have a max gain of times seven in just one week guys. So let me go ahead and pull up the option profit calculator to get more detail on this Christmas tree butterfly with cause. All right, here we are on the option profit calculator. This will go into a lot more detail. We're gonna pick a custom one with three legs right here. So you don't have to click the advanced, the butterfly or any of those over there. We're just gonna click the custom one with three legs. And the stock ticker symbol that we're gonna be using is GPS gap. All right. And then the first one that we're gonna do, we're gonna write, which is write mean sale that we're gonna sell. All right, so we're gonna go out to the 30th, just like how we had set it up. Okay, so we're selling a call at the 29 right here. Boom, we're gonna click that one. And then we was buying three of those. And then we was buying one right above the 29. So that would have been 29.50 right there. We was picking up two of those. And then we was gonna buy one that was two below, which would be, and then we was gonna buy one that was two below, which would be 28 right there. And we was gonna pick up one of those. Agreed to term and conditions, stock price in between, stock price range in between 27 and 20, I mean between 31. Okay. And then hit calculate. And there we go guys. Once again, our entry cost is $12. Our mass risk is $12. And our maximum return would be $88. And then this is right here where you guys will see exactly how the Christmas tree setup is. Anywhere in between here, you're seven xing your money right there, 733% in just a single week with a profit of $800. And then it shows all different price points between the $29.10, $29.50. And then it shows you on any given day on how much in profit you would be. So even if the price does shoot up outside of this 100% range right here, even if it's up early, you can still gain 50%. If it's above the price point on the 28th, just saying that if you wanted to close out early, you could and you would just do the opposite of what you did. So if you sold three, you're going to buy three. And if you bought two, you're going to sell two. So just do the complete opposite of what you did to get in, to get out if you want to get out early, or let it ride all the way to the end and then close it on the last day. It's pretty simple on Robinhood. They walk you through every single step. So yeah, this is the option profit calculator. If you guys want to go over, type it in and go over these numbers yourself. And there we go dreamers. Tell me, let me know what you think about this seven X strategy down in the comment section. Let me ask, let me know down in the comment section, have you ever heard of the Christmas tree butterfly spread with calls? Let me know if you ever heard of that down in the comment section guys. Or if you're even going to use this strategy at all, it could, I mean, if you can have an account with only $50 in it and you're looking for a very aggressive way to grow your account, you could turn $12 into $88 if you're lucky in the stock that you find trade sideways. Now there are stocks out there that you could 20 X your money and get in with just $2 and end up making $100 by doing the same strategy, but different stocks is going to pay out different prices depending on how volatile that stock is. Once again, you want to look for a stock that you think is going to trade sideways that week. A company that don't have a dividend payment coming up or a big news coming up or earnings coming up, you want to kind of stay away from that guys. Other than that, we're going to wrap this up. Remember to pick up your two free stocks by signing up for Webull. The link is down in the description. That's free money guys. You could sell those two free stocks once you get them and pull them out. But me, I kept my stocks in there and I decided to use the platform and I actually love it. So yeah, go ahead and pick up those two free stocks. But other than that, I'm Zeke. Bring you to Dream Green Show and I'm out. Peace.