Rick Orford - Trading Stocks and Options For All
Rick Orford - Trading Stocks and Options For All
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🚀 Top 10 High Yield Dividend Stocks for Stable Passive Income in 2024 | Expert Analysis & Tips
Discover the top 10 high yield dividend stocks of 2024 in this detailed analysis! Whether you're a seasoned investor or just starting out, you'll find valuable insights to help you generate stable, passive income through smart dividend investments. Rick Orford, a Wall Street Journal best-selling author and experienced trader since 1999, dives deep into why these stocks stand out in today's market.
🔔 Subscribe for More Financial Wisdom!
In this video you’ll learn:
Detailed Breakdown: Learn how to identify the best high yield dividend stocks using advanced screening techniques.
Expert Analysis: Rick shares his professional insights on each selected stock, explaining why they make excellent choices for your investment portfolio.
Educational Content: Understand the criteria for selecting high-performing dividend stocks and how to maximize your returns safely.
Tools and Resources Mentioned:
Barchart for screening stocks: rickorford.com/barchart
Latest financial data and trends
👍 Like, Comment, and Share this video with fellow investors who could benefit from high yield dividend stocks!
00:00 - Start
02:11 - What Are High-Yield Dividend Stocks?
04:05 - Welcome To Barchart.com
09:45 - Vici Properties (VICI)
11:47 - Rio Tinto Group Plc ADR (RIO)
13:15 - Hannon Armstrong Sustainable Infrastructure Capital (HASI)
14:27 - Chord Energy Corp (CHRD)
15:52 - Enterprise Products Partners LP (EPD)
16:51 - Civitas Resources Inc (CIVI)
18:33 - Energy Transfer LP (ET)
19:22 - Rithm Capital Corp (RITM)
20:11 - Blackstone Secured Lending Fund (BXSL)
21:26 - Trinity Capital Inc (TRIN)
Thank you for watching, and happy trading!
DISCLAIMER: This video is for educational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions. All information and data on this UA-cam Channel is solely for entertainment purposes. I'm not a financial advisor, nor licensed in any way to provide any financial advice. The information herein is based solely on my personal opinion and experience. All investments hold inherent risk, and the information provided on this UA-cam Channel should not be interpreted as any kind of guidance, recommendation, offer, advice, or suggestion. Any ideas and strategies discussed on this channel should not be implemented without first considering your financial and personal circumstances or without consulting a financial professional.
Переглядів: 1 622

Відео

🛠️ Covered Call Writing Tools: Unlock Profits & Boost Your Income Strategy!
Переглядів 1,6 тис.Місяць тому
Discover the ultimate strategy to enhance your investment portfolio with our in-depth guide on covered call writing tools! Join Rick Orford, Wall Street Journal best-selling author and seasoned trader, as he unveils the secrets to generating steady income using top tools like Option Samurai and Barchart. Whether you're a beginner or an experienced trader, this video will provide the practical i...
💥 Exit Strategies In Options Trading | Secure Your Profits & Limit Losses
Переглядів 4,9 тис.Місяць тому
Are you looking for exit strategies in options trading? Do you want to master the art of exiting options trades effectively? In this detailed guide, Rick Orford, Wall Street Journal best-selling author and experienced trader since 1999, dives deep into the critical strategies for securing profits and minimizing losses in options trading. Learn about different types of options, including calls a...
⚠️ The Risks Of Selling Covered Calls - Do This Instead & Maximize Premiums
Переглядів 25 тис.Місяць тому
Are you considering selling covered calls to earn income from your stock investments but wonder about the risks? Join Rick, a Wall Street Journal best-selling author with over 20 years of experience in trading stocks and options, as he explores the potential risks and strategies of covered call writing. Despite its popularity among investors, this strategy is not without its pitfalls. In this v...
🚀 How to Sell Put Options With a Small Account - Even With Only $500!
Переглядів 5 тис.2 місяці тому
🔥 Learn how to sell put options even with a small account! Join Rick Orford, author of 'The Financially Independent Millennial,' as he guides you through generating additional income by selling put options, no matter the size of your brokerage account. Why watch this video? 🚀 Rick has been trading options since 1996 and is a Wall Street Journal bestselling author. 💡 Discover how to significantl...
🔥 Top 5 Dividend Stocks to Buy in 2024 | Best Dividend Aristocrats for 💰 Passive Income
Переглядів 4,7 тис.2 місяці тому
In today’s video, Rick Orford, the author of 'The Financially Independent Millennial,' guides you through an in-depth analysis of the top dividend stocks to invest in for 2024. 🚀 If you’re searching for the best dividend stocks with an above-average dividend yield and boast growth potential, you’ve come to the right place. We explore the dividend aristocrats - companies renowned for their stabi...
🚀 How to Select Put Options to Sell: Expert Guide
Переглядів 16 тис.2 місяці тому
Are you wondering how to select put options to sell? Join me on this informative journey into the world of selling put options. Whether you want to earn a steady income, buy stocks at a discount, or simply learn more about an innovative trading strategy, this video has something for everyone. In this video, you'll learn: ✅ The basics of put options and their benefits ✅ Strategies for selecting ...
🔥 The Risks of Selling Put Options: Is It Safe & When Should You Do It?
Переглядів 8 тис.3 місяці тому
Discover the risks of selling put options in this comprehensive video. 🛠️ To reduce the risk of selling put options, here are some of my favorite tools: 💰💰💰 Barchart (Data): rickorford.com/barchart 💰💰💰 Option Samurai (Find High Profit / Low-Risk Options): rickorford.com/samurai Rick Orford, the Author of "The Financially Independent Millennial" and a seasoned trader since 1996, delves deep into...
🚀 Dividend Zombies: 14 Stocks To Buy in 2024 That Have Paid Dividends For 100+ Years
Переглядів 1,9 тис.5 місяців тому
Wondering about dividend zombies: what they are and how they can help you? Dividend zombies are companies that have paid dividends for at least 100 years. In this eye-opening video, we'll take a closer look at these dividend zombies and uncover the secrets to how they've managed to maintain their dividend payments for so long, despite hard times. But more importantly, you'll discover how to avo...
💰 Selling Put Options 2.0: Advanced Income Strategy for Maximized Returns
Переглядів 17 тис.5 місяців тому
If you're looking for advanced strategies for selling put options to generate income, this is a must-see video. 🛠️ My Favorite Tools For Options Trading: 💰💰💰 Barchart (Data): rickorford.com/barchart 💰💰💰 Option Samurai (Options Scanner): rickorford.com/samurai Other videos to watch: 🔥 The Risks of Selling Put Options: ua-cam.com/video/vFf1Ty6yFhE/v-deo.html ⚡ Beginners Guide to Selling Put Optio...
🔥 What To Do If You're Assigned (Or At Risk of Assignment) On an Short Option
Переглядів 1,8 тис.6 місяців тому
Wondering what to do if you're assigned on an options trade? If you made an options trade, I.e. if you sold a covered call, or cash secured put, or traded a multi-leg options strategy, and it went in the opposite direction- you could be at risk of assignment. If you were assigned on an options trade, or at risk of assignment, you must watch this video to learn what to do next. I cover the risks...
📈 How To Adjust Options Positions: The Correct Way While Saving Yourself From Big Losses!
Переглядів 2,9 тис.6 місяців тому
Ever make an options trade only to have it go in the opposite direction you expected? Perhaps it would have been better to adjust your options position. In this video, I explain how to adjust your options positions for a variety of strategies, including: Adjusting Long Call Options Adjusting Short (Covered) Calls Adjusting Naked (Cash secured) Put Options Adjusting Bull Puts Adjusting Bear Call...
🟢 Make Money With Put Options w/80%+ Success Rate @ 💰 $2k/week
Переглядів 5 тис.6 місяців тому
Want to make money with put options? In this video, I'll cover what put options are, how they work, and the strategies I use to make $2000 a week. I discuss long puts, bull put spread, and selling cash secured puts, along with how to achieve 80% success - and most importantly, WHEN to trade puts! If you're looking to trade put, this is a MUST see video. 🛠️ My Favorite Tools For Options Trading:...
🚀 How to Make $2000/wk Buying and Selling Call Options
Переглядів 4,7 тис.7 місяців тому
Want to learn how to make money buying and selling call options? In this video, I'll cover what call options are, how they work, and the strategies you can use to make $2000 a week. If you're looking to trade calls, this is a MUST see video. 🛠️ My Favorite Tools For Options Trading: 💰💰💰 Barchart (Data): rickorford.com/barchart 💰💰💰 Option Samurai (Options Scanner): rickorford.com/samurai Skip ah...
How To Protect My Portfolio Using Options & Save $1000's in Losses!
Переглядів 4427 місяців тому
Are you wondering, "How to protect my portfolio using options?" Did you know you can protect your portfolio from market crashes? In this video, I explain 2 smart ways to shield your investments against a market crash: protective puts and the collar strategy. When used correctly, these strategies can safeguard your portfolio, ensuring peace of mind in volatile markets. Learn how to implement the...
Make $2000 in Weekly Income with Iron Condors: An Easy Method for Risk-Managed Options Trading
Переглядів 7 тис.7 місяців тому
Make $2000 in Weekly Income with Iron Condors: An Easy Method for Risk-Managed Options Trading
Generate $2000+ Income a Week With These 7 Effective Options Strategies
Переглядів 8 тис.7 місяців тому
Generate $2000 Income a Week With These 7 Effective Options Strategies
The Long Put Options Strategy Explained ~ Master It in Less than 14 Minutes!
Переглядів 9348 місяців тому
The Long Put Options Strategy Explained ~ Master It in Less than 14 Minutes!
5 Essential Options Trading Hedging Strategies for Beginners to Safeguard Your Portfolio!
Переглядів 1,1 тис.9 місяців тому
5 Essential Options Trading Hedging Strategies for Beginners to Safeguard Your Portfolio!
Generate Passive Income Through Real Estate Class - Go From $0 to Generational Wealth
Переглядів 34611 місяців тому
Generate Passive Income Through Real Estate Class - Go From $0 to Generational Wealth
AI Companies To Invest in 2023: These 10 AI Companies Could Turn $1,000 Into $1,000,000
Переглядів 1,9 тис.Рік тому
AI Companies To Invest in 2023: These 10 AI Companies Could Turn $1,000 Into $1,000,000
Mutual Funds For Beginners: How to Start Investing For The Future The Right Way!
Переглядів 356Рік тому
Mutual Funds For Beginners: How to Start Investing For The Future The Right Way!
Top 10 Dividend Stocks Worth Bottom Picking Today
Переглядів 2,4 тис.Рік тому
Top 10 Dividend Stocks Worth Bottom Picking Today
Are We In A Financial Crisis? Why These Areas Could Significantly Outperform Financials.
Переглядів 262Рік тому
Are We In A Financial Crisis? Why These Areas Could Significantly Outperform Financials.
Unlock The Power Of Dividend Investing For Passive Income
Переглядів 1,1 тис.Рік тому
Unlock The Power Of Dividend Investing For Passive Income
Trading Options Like A Pro - Lesson 11 My Favorite Brokerage
Переглядів 1,3 тис.Рік тому
Trading Options Like A Pro - Lesson 11 My Favorite Brokerage
Trading Options Like A Pro - Lesson 10 When to Hold When to Fold
Переглядів 1,1 тис.Рік тому
Trading Options Like A Pro - Lesson 10 When to Hold When to Fold
Trading Options Like A Pro - Lesson 9 Risks of Selling Call and Put Options
Переглядів 1,2 тис.Рік тому
Trading Options Like A Pro - Lesson 9 Risks of Selling Call and Put Options
Trading Options Like A Pro - Lesson 8 Leaps Options
Переглядів 1,1 тис.Рік тому
Trading Options Like A Pro - Lesson 8 Leaps Options
Trading Options Like A Pro - Lesson 7 The Greeks
Переглядів 1,2 тис.Рік тому
Trading Options Like A Pro - Lesson 7 The Greeks

КОМЕНТАРІ

  • @mudbonejames9313
    @mudbonejames9313 15 годин тому

    There are a few things i like here. He goes slowly. He gets to the point without the drama. he uses real world examples. This reduces the learning curve. He's not showing all the lavish things he bought with the money. Last but not least, doesn't hang you out to dry to order his course and make you one of his students. However, I'd be one of his students. I finally feel like i can learn this and get my first trade in without feeling nervous.

  • @lamontlenz
    @lamontlenz День тому

    I have 100 shares of stock. I'm looking to utilize this opportunity. I'd like to talk to some for step by step on how and where to sell as an option contract.

    • @RickOrford
      @RickOrford День тому

      How about on my discord? Rickorford.com/discord

  • @terifong9816
    @terifong9816 День тому

    You are such a great professor, I have no knowledge about options at all, after watching other option traders’ videos all day, your video made me understanding better and relaxing, thank you again.

  • @traderxart9551
    @traderxart9551 День тому

    Great content rick....watched the video, but have a question that I couldn't find an answer for. ..... So when selling put options, what happens if the option moves against you, so you sell a put option at 50 cents and collect the premium credit for 50 dollars and say 2 days later the stock has fallen hard after a huge earnings miss pushing each contract from 50 cents to now $6.00...thats now a loss of $5.50 ($550) x amount of contracts .. if I do not buy back the option and get assigned what happens to the loss on the contract? The $550? So a 30 strike price collect 50 dollars in credit, assignment means I pay $29.50 per share...however the option went from 50 cents to 6 dollars, a 550 loss to buy it back . If I don't want to buy it back and take the assignment do I incur a $550 loss on the option ?

    • @RickOrford
      @RickOrford 17 годин тому

      Thanks for the kind words. If the underlying moves down, and the premium goes up, you can hold it to expiration and wait for assignment. You’ll be buying the underlying at the strike price, regardless what the market price is. Or, you can cut your losses and buy back the put at the higher price. I’ve done both.

    • @traderxart9551
      @traderxart9551 8 годин тому

      ​​@@RickOrford thanks for the quick response.... But if the premium skyrockets to say 3 or 4 or 5 dollars or 10 dollars and I haven't cut losses as the stock keeps falling am I on the hook for the amount of money that's showing a loss on my sell put? Meaning if the 10 contracts I own at 50 cents which I receive a $500 credit now goes to 5 dollars a contract...am I responsible for the loss of $2000 on the sell put or does that all configure in the share price already as it's dropping and eventually assigned to me??

  • @terifong9816
    @terifong9816 2 дні тому

    Thank you again Rick , I sold NVDA put at strike 1125 expired June 21 for premium 1630.00 ,as of June 13 , there is profit around 1500.00, should I close the position and move on ?

    • @RickOrford
      @RickOrford День тому

      In a speculative position like that, I like to “take profits” when the short option has lost ~80% of its value. If you can buy back your put for under $350, you’ll have a profit of $1300… enough to give yourself a nice pat on the back for the weekend. Ps: I invite you to join us on discord: rickorford.com/discord

    • @terifong9816
      @terifong9816 7 годин тому

      I closed the position on Friday for 160, net profit around 1500.00, thank you Rick😊

    • @terifong9816
      @terifong9816 7 годин тому

      How do I join your discord?

    • @terifong9816
      @terifong9816 7 годин тому

      I saw the link just now, thank you.

    • @terifong9816
      @terifong9816 7 годин тому

      I plan to sell covered call for NVDA, but I don’t want to be called away, how do I play for June 21 2024 selling covered call

  • @kbone369
    @kbone369 2 дні тому

    One thing i cant rationalize in my head (for buying calls): You say if the stock price is above the strike price+premium (lets say on the last day before expiration), then you make $ (stock price - strike price+premium). But then where does theta come in? Wouldn't you make more or less depending on which day you closed the contract (assuming all else is same) ??

    • @RickOrford
      @RickOrford День тому

      Theta refers to the amount of premium lost per day, if all things were equal (ie the stock market was closed). I wouldn’t worry about theta so much at the beginning- rather, focus on your chances of success. Ps: if you use discord, feel free to join us! rickorford.com/discord

  • @lamontlenz
    @lamontlenz 2 дні тому

    I've got 109 shares of a stock I love. Should I consider using that to make income

    • @RickOrford
      @RickOrford День тому

      Why not! You could potentially sell 1 covered call on it…

  • @lamontlenz
    @lamontlenz 2 дні тому

    Ohhh I need to ask you a few questions, I own 100 shares of a stock what's the best way to utilize my holdings for income

  • @migreeni
    @migreeni 3 дні тому

    Dude, get yourself one of those little bluetooth microphones! It will affect production value way more than you think.

  • @alansonchurch3000
    @alansonchurch3000 3 дні тому

    Thank you! EXCELLENT presentation. Did not know about about Options Samurai!! Most helpful!

    • @RickOrford
      @RickOrford 3 дні тому

      Happy to help! Let me know if you have any questions about it!

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: discord.gg/F2UmNw7W

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: discord.gg/F2UmNw7W

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: discord.gg/F2UmNw7W

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

    • @childersc
      @childersc День тому

      Thanks for letting us know about this, I have joined!!! Great little opportunity

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @RickOrford
    @RickOrford 4 дні тому

    🔥 Join me on Discord: rickorford.com/discord

  • @janshuster1426
    @janshuster1426 4 дні тому

    Tax risk ! Only sell options in tax free ( retirement ) accounts .

  • @zeekflash6924
    @zeekflash6924 5 днів тому

    Is a short call and selling put , the same thing ? Or what’s the difference Thx

    • @RickOrford
      @RickOrford 4 дні тому

      Calls and puts are completely different! Selling a call means agreeing (if the holder assigns) to sell 100 of the underlying. Selling a put means agreeing (if the holder assigns) to buy 100 of the underlying… all at the strike price, and at any point up to expiration.

  • @stan7757
    @stan7757 5 днів тому

    Do you ever sell covered calls on dividend stocks and etfs?

  • @user-dy1io7mh8m
    @user-dy1io7mh8m 5 днів тому

    Good presentation

  • @thesummerland6165
    @thesummerland6165 6 днів тому

    appreciate you covering risks of all options as opposed to others who only share upside

    • @RickOrford
      @RickOrford 6 днів тому

      Thanks for the kind words! You’re right- it’s not a commonly covered topic.

  • @blp9724
    @blp9724 6 днів тому

    Is there a successful strategy for ladderimg options to generate monthly income?

    • @RickOrford
      @RickOrford 6 днів тому

      Sounds like a topic for a new video. The thing is though, once you start selling options on a regular basis, income will come in regularly- especially if you’re selling credit spreads.

  • @blp9724
    @blp9724 6 днів тому

    When u buy to close a CC are you still net positive the amount of premium? Is the BTC amount about equal to the stock price appreciation?

    • @RickOrford
      @RickOrford 6 днів тому

      When you buy to close, there is no guarantee you’re still net positive. The new premium could be much more than you received, or much less. It all depends on how high (or low) the underlying moved from the time you sold the call, to now…

    • @blp9724
      @blp9724 6 днів тому

      Isn’t there a close relationship between stock appreciation from time of CC sale, time of buy to close and change in option price?

    • @RickOrford
      @RickOrford 6 днів тому

      Premiums are calculated based on the time remaining before expiration, underlying price, and IV. Example: all things being equal, an OTM option will have a higher premium, the more days there are to expiration.

  • @whiteprivilege912
    @whiteprivilege912 6 днів тому

    Alibaba...😆 How'd that work out for you? NEVER invest in Chinese stocks...

    • @RickOrford
      @RickOrford 5 днів тому

      Alibaba, like all my positions, are ~2-4% of my portfolio. Even if one stock goes to zero, it doesn’t move the portfolio much! And I sold BABA quite a while ago… probably at the wrong time… but alas, I’ve had a lot of good wins since.

  • @roberts8134
    @roberts8134 6 днів тому

    One problem the video totally failed to mention is not all stocks are suitable for selling covered calls. Before picking a stock you want to sell covered calls on, look at the option chain, specifically the volume and open interest. If both are low to zero, you aren't going to sell any nor be able to roll or buy to close. In this case, pick another stock. In general, the more popular the stock is, the better the market. Also applies to puts. I've found as a rule-of-thumb, if there are weekly options, there is enough of a market. If monthly only, the market for options ranges from thin to non-existent.

    • @RickOrford
      @RickOrford 5 днів тому

      Good point- if there’s weekly’s, there’ll probably be more liquidity! Will keep that in mind in the future.

  • @terifong9816
    @terifong9816 8 днів тому

    Rick, when selling put the underline security is about to get assigned, do I have to call the broker to get assigned or it’s automatically processed ?

    • @RickOrford
      @RickOrford 8 днів тому

      Assignment on short options is an automatic process. You’ll likely be notified should that happen.

    • @terifong9816
      @terifong9816 7 днів тому

      Appreciate so much!

  • @terifong9816
    @terifong9816 8 днів тому

    The best professor❤

  • @clairekeller4303
    @clairekeller4303 8 днів тому

    I don't see link for covered calls noted in video. Thank you!

    • @RickOrford
      @RickOrford 8 днів тому

      Hurm. At which minute:second?

  • @YashPatel-oo3ld
    @YashPatel-oo3ld 9 днів тому

    While buying Long Calls and Puts, is it a good strategy to buy the strike price which is ITM? Or the strike price should be bought ATM Thank You :)

    • @RickOrford
      @RickOrford 8 днів тому

      How far OTM depends on how much of a gambler you are! OTM options have no intrinsic value. Remember, to profit at expiration, the option must be ITM by at least the premium you paid!

    • @YashPatel-oo3ld
      @YashPatel-oo3ld 8 днів тому

      @@RickOrford Ok, got it I did try a few trades through my paper trading account on Tesla, Microsoft, CMG, Costco and others and most of those trades resulted in astonishing profits within a few days.

    • @RickOrford
      @RickOrford 4 дні тому

      If you are aware of the chances, and you manage the account well, you can definitely make money. But… growth isn’t linear (as they say)… so always be ready for a dud. That’s when you learn the most!

  • @terifong9816
    @terifong9816 10 днів тому

    The first selling put of Tsla after watching your video, I made a little money, thank you!

    • @RickOrford
      @RickOrford 9 днів тому

      Nice! What option did you sell?

    • @terifong9816
      @terifong9816 9 днів тому

      @@RickOrford Thank you for taking time to reply, on may 30 sold one contract strike price 177.5 delta was .2783, I waited till June 4 made sure that trade was clear, then I made 2 contracts strike 165, I am sure it will expire ok tomorrow. I sold one put of NVDA of June21 strike 1125 , how do I protect the loss? I am lucky and happy to attend Rick Trading University everyday, you are the best professor!

    • @RickOrford
      @RickOrford 9 днів тому

      @@terifong9816 Ha! You are too kind. Easiest way to protect yourself from a loss on a CSP is to buy a lower strike put. This means you'll turn your trade into a bull put. It will cost you some premium, but, you might sleep better. Good luck! Also, here's a little extra video I think you might like: ua-cam.com/video/DD7a72NB3iw/v-deo.html

    • @terifong9816
      @terifong9816 9 днів тому

      Appreciate!

  • @Alvan915
    @Alvan915 10 днів тому

    Great video. Do you do 1 on 1 mentorship?

    • @RickOrford
      @RickOrford 9 днів тому

      Possibly! Send me an email.

  • @YashPatel-oo3ld
    @YashPatel-oo3ld 10 днів тому

    Hi Rick, the way you explain options has made it lot easier to understand, Tysm for this learnings. And ya, could you please make a demonstration video on how to use option samurai, it will be more helpful I suppose. Thank You, once again

    • @RickOrford
      @RickOrford 10 днів тому

      Thanks for the very kind words- will do!

    • @YashPatel-oo3ld
      @YashPatel-oo3ld 10 днів тому

      @@RickOrford my pleasure 😊

  • @YashPatel-oo3ld
    @YashPatel-oo3ld 11 днів тому

    Is option Samurai an accurate scanner and reliable to scan options?

    • @RickOrford
      @RickOrford 10 днів тому

      The data is as good as it gets and it’s definitely my favorite!

    • @YashPatel-oo3ld
      @YashPatel-oo3ld 10 днів тому

      @@RickOrford Ok, thanks for the reply I have started trading options and I am monitoring all the trades based upon the data from Samurai

    • @RickOrford
      @RickOrford 4 дні тому

      How’s it going?

    • @YashPatel-oo3ld
      @YashPatel-oo3ld 3 дні тому

      @@RickOrford I am still on the trial mode of options samurai and I have saved the scans and meanwhile I am monitoring those scans while checking the strike prices. Most of those have expired OTM, right now I have a few of the scans saved and 2 tickers have their expiration in the next 2 days, for now the strikes have been breached but let’s see how it goes until expiration. I wanted to ask whether you hold the trades till expiration?

  • @stinkfinger8700
    @stinkfinger8700 11 днів тому

    trading IC on stocks can be so unpredictable- so much stuff can go wrong. its easier just to trade the indexes where you know that there is a 70% chance that they will move +1%/-1%.. i've been doing daily IC on SPY with a $7 spread- normally $4 up/$3 down from from price at 3 pm for the next day. my self-imposed rule is to make at minimum 10 cents per condor. i do set a stop limit of 8-10 cents so that it will auto close and the collateral will be avaulable for next daily trade. i started may 6th with $200 (2 condors) on Robinhood and have worked it up to 12 condors that i've set for tomorrow. my goal is 50 IC on SPY. once i reach that then i will expand to doing IC's on the QQQ