$2,074,000 New Portfolio Highs - How to Sell Options For A Living Sp500 My Full Course

When I started off doing audits, basically I was tasked with auditing the financial statements for these asset management companies, these banks, and etc. And while I was doing these audits, guys, I basically started to see that these companies, these managers were making a shithole money, right? And growing up from where I came from, in my early 20s, I had no experience in a stock market at all because I came from a family where basically, you know, I was under the impression that the stock market was a gamble and also the stock market was only for rich people, right? So I know a lot of you guys come from that type of environment as well. So thankfully, because I was training to become a CPA and because I had to do these audits as part of my practical experience, I was able to see these financial statements. And it motivated me, it really motivated me at a young age. I was working around a lot of CFA's and I said, you know what? I want to get into the market. I want to learn about the market because if these guys are making all this money, they're making millions and millions for themselves and for their clients, then maybe there's something here, okay? So that's 10 years, over 10 years ago, I got into the markets and basically, guys, over the last decade, I've built two systems that I've been using, okay? And if you guys have been following me for the last year and a half, I finally broke seven figures, okay? And then I finally broke the million dollar mark and now I'm sitting right now at two million and 47,000, okay? So you guys have seen my post. So what is driving my growth two systems? The first one is the multi-bagger system, which we're going to talk about and the second one is the cash flow. And a lot of you guys want to know more about generating cash flow. That's where the option selling comes in. So if you look at my pin message from last year, okay? April of last year, I was able to get in and video 88, AMD at 77, Amazon at 162, spy at 500, those plays guys last year during the tariff correction, I went in max, okay? I went in a maximum capacity. I used some leverage and I was able to triple my account, okay? So that is the how I grew so fast for anybody that's interested. That's what I, what I did. And I used Fibonacci to come up with my prices, okay? And the Fibonacci guys has made me a millionaire essentially, okay? So while I hold, so the way that I get into stocks is I do shares, I do leaps, and I do futures, okay? So futures is the cleanest form of leverage. So right now I'm carrying two million dollars of the S&P 500 while carrying another million dollars of stocks, okay? So I always tap into a little bit of leverage. That's the way that I like to do it in order for me to grow, but you definitely don't need to use leverage. You can use, you can use leaps, which are a form of leverage, but it's with cash, okay? So I've also done cash as well, all right? So right now my top performers, we have the S&P 500. So during the tariff correction last year guys, I went in with 50 contracts of the futures micro S&P 500, and that's my top performer in the last year. I've generated 400, thousand with the S&P 500 holding futures. And one of the reason I want to do this space is was because a lot of you guys don't want to trade the S&P 500. You don't want to be involved with the S&P 500, because you think you can't make money with the S&P 500. And that is just a, a, a, that is a false statement, okay? Because with the S&P 500, there's futures contracts, there's leaps and there's options selling. Those three things alone, you can make a living in the markets and you don't even need to do anything else, okay? So the other thing that I do guys is I sell puts on the S&P 500 every single week, okay? And I want, I want you guys, if you're able to like this, retweet this, leave a comment, please do so, because I want more people to learn about this, because what I did is, is, is an experiment with my own money, okay? For the last 17 months, okay? For the last 17 months, let me say this one more time, for the last 17 months, I've sold hundreds of puts on the S&P 500, and every single put that I've sold on the S&P 500 has expired worthless, okay? So I've generated $101,000 with no losers, 182 trades in a row, okay? That to me is something that I never thought was possible, but when you think about it, right? The S&P 500 is at all time highs, right? Or pretty close. So during this time, all of the out-of-the-money puts have expired worthless. So most people, most retail traders, what they do, they buy puts, they buy puts, because they think they think they know when the market is going to crash. What the institutions do, what Warren Buffett does back with the S&P 500 is sell puts, and go look that up. We'll go look that up if you don't believe me, okay? So when it comes to cash flow, the S&P 500 selling puts, I've never found a system that is more efficient and with a higher win rate, okay? What's going on, Jews? What's going on, August, Dave, John, Tesla, Delta, what's going on guys? Welcome in, all right? So drop a heart if you're following me so far. So what I'm going to do is I'm going to go through the full S&P 500 option selling system right now, okay? And then we're going to switch into some stocks, all right? So let me do this first, guys. For those of you that don't know, I am a partner with interactive brokers. I've been interviewed in their head office in Connecticut. You can go and look me up, look up my interview with interactive brokers, and my job is to bring educational content, okay? So I bring all educational content from interactive brokers to you guys. And my job is to share my share my real traits. So I'm so that I have the best job. So what I'm going to do right here is I'm going to post my three guys click all three guys to enter giveaway, okay? And I'm going to do a giveaway, all right? So all you got to do, all right, is you got to just click on those guides and then you'll be entered into the giveaway. And these guides are how I learned about selling options, okay? You're not going to learn about selling options, you're not going to learn about futures, you're not going to learn about all this stuff in school, okay? I'm a CPA and when I went to school guys, the only thing I learned about options was, you know, basically stock based compensation and things like that, right? But you're not going to learn how you can actually do this like an institution. And that's what I really want to teach you guys. So that's my goal with these guides, is to teach you guys step by step, all right? So let me just post this right now, okay? All right, okay. So I just posted those three guides. All you got to do to enter the giveaway is click on those three guides and drop a like. You'll be entered and we'll do the giveaway at the end. Okay, all right. Okay, so now let's go back to the S&P 500. Let's go back to the system, okay? So in the last 17 months, I've been selling puts on Sunday night on the S&P 500. So the system that I'm using guys is basically because I've been trading futures for the last decade, I know that the institutions love to manipulate the market after hours. 70 to 80% of the time, the market is being manipulated after hours. Okay, and so the futures market, it opens on Sunday night. Okay, if you have a pen in the paper, you write this down. The futures market is open on Sunday night. So the futures market opened at 6 p.m. today, whereas the regular trading hours S&P 500 spy SPX, that opens tomorrow at 9.30 okay, so what I found is by selling puts. Okay, so I sell puts right at 6 p.m. on Sundays. The reason I do that is in case the market wants to rally, right? So right now guys, the market is up 5.5 points. So the market is rallying right now after hours and I'm getting paid. I'm getting paid right now. Okay, because I sold puts, right? So I'm trying to position myself on Sunday night. I sell these puts and my goal is to buy Monday morning to already be up at least hopefully 20% 30% okay. So this is why I sell puts on Sunday night because I want to get in right now. The market is rallying right now. Do you guys know that? Hit me with a heart if you know that. Do you guys understand you can be trading right now? You guys understand that? Hit me with a heart if you understand what I'm saying. Right now the S&P 500 is open. The market is up 7.5 points. Each point is $50 on an ES contract, right? So at 6 p.m. I sell my puts and what I try to do, so I sell these puts with a 10 day expiry and most of you guys are familiar with buying puts, right? And you know what happens at expiry if it's out the money it goes to zero, right? So I'm the person that's selling those puts. So my goal every week is about 2000 bucks. Okay, so I just sold two more contracts at 6 p.m. today and I'm going to cash them out by Friday. That's my goal. Okay, so I sell on Sunday night, so I just sold puts and then I try to cover it by Friday. Why do I do that? Because I want to basically get in and out and cash out my money without any obligation going into the weekend. All right, does that make sense? Drop a like if that makes sense. So that's my routine guys. Very simple. It literally took me no more than five minutes today at 6.01. I log into the broker. I sell my puts on Friday. I'm going to cover them. That's it. And why this is so important is because what you guys will understand is there is this whole market happening after hours and the other thing that's very eye opening is in I've sold hundreds of puts 17 months, 182 times in a row and every single put has expired worthless. Does that make sense? So you might be saying so you might be saying so rich. What's the capital requirements? Right? That's the number one question that I get. So let me explain this. So for me to generate 100k, I have to lock up about 75k of cash. Okay, of margin, not cash margin because when you're using futures, when you're trading after hours, you're going to be tapping into margin. So in order to generate 100k, I locked up 75k and that took me 17 months. All right, so it's not like a get rich overnight system, but there's no other system where I have never had a loser in 17 months. There's no other system. Okay, so this my friends is my go to S&P 500 put selling system. All right, so if you have a small account, so let me explain to what you do if you have a small account. Okay, so simultaneously while I've been selling these puts for my main account, in my main account, I'm also doing a small account challenge. Okay, so how does a small account challenge work? So instead of doing the ES contracts, which are the full size S&P, you guys can do the MES. Okay, so from January, so I started the small account challenge in January, right now we're up $736. So my goal is to use less than $500 of margin when I'm doing a spread. Okay, so if you have a small account, you can take these trades with less than 500 using a spread and then eventually you graduate to one naked MES contract, which will lock up about two to three K, that's it. Okay, so I just took a trade in the small account as well and all of these trades, my friends can be found in my Google Sheets public tracker. Okay, I have a public tracker. That's why I'm that's why I have the longest streak on sub stack for being on the rising and finance list. Okay, I was above Michael Burry for two days, all right, which a big accomplishment because he gets people like crazy. But the reason I'm saying that is the reason why I'm growing is because I have a public tracker with my broker statements and all the people you follow don't have any of that shit. Okay, so that's why I'm coming here to talk to you guys and that's why I need your support because I'm one of the few guys out here that's really actually trying to show what I'm doing my knowledge from the last 10 years working private as a management private equity, working in banking, all these things is taking me 10 years to build these things. I'm giving it to you today, all right, so make sure, um, drop a like, okay, drop a like and help me grow. Okay, so let's pause right now. So we're going to, if you guys have any questions about the S&P 500 put selling system, post it in the chat right now. Okay, and once again, don't forget to click on the three interactive broker guides. Those guides will enter you into the giveaway that I'll be doing at the end of this. I'm a partner with interactive brokers, like I said, educational partner. My job is to show you what I really do with my real trades and my real money and all you got to do is click on those guides. Okay, all right, so let's take some questions here. I'm going to keep going. What would you do if the ES drops lower than the put that you sell? Okay, so that's a good question. So in the last 17 months, every single put that I sold has never finished in the money. So what that means is the market has been destroying puts. You guys agree with me? Give me with a heart. Have you bought a put before and seen what happened in the last 17 months? Have you seen what happened when you bought a put? It went to zero. Okay, so specifically, I'm talking about out the money puts, right? I'm always selling a put that's out the money. Okay, so the worst case scenario is if the put finishes in the money, then you're going to have to buy the S&P. And for me guys, that's an opportunity. I don't look at that as a problem. I sell puts that are 3 to 5% out the money from the all-time high. So if the market does drop very viciously, then guess what? I'm going to buy the S&P 500 at a major discount. And that's what most of you guys should be doing anyways. And that you want to do, but you get caught up in all this bullshit that's in social media. So that's what will happen. You go and you'll have to buy the S&P. So where people go wrong is most people think that this is like a money making get rich over a night thing. So what they do, they instead of doing one contract, they do 10. So they make a lot of money, you know, everything goes good. And then the one time the market has a big like COVID type event, they blow up. So I never oversized. I'm always sizing where I know that I can