Hello trader,
One thing that excites me the most about selling options is being able to generate income on demand
Yes trader, you heard me right.
On. Demand. Paid upfront!
This means… If I want to make money, I simply need to execute another credit spread.
Now, I don't want to blindly sell every stock I see of a watchlist - that's just nuts!
But I do want to sell as many of my A+ setups as possible
You see, unlike spending money on options, credit spreads allow me to generate income by taking advantage of two options pricing calculation
Theta and Vega, or the time decay of an option and volatility of a stock
And the juicer the options, the more money I can make in the same amount of time
So, this week, I'm on the hunt to find some of my favorite setups in hopes to take advantage of a shorter trading week and land me some faster paydays.
Click here to view my watchlist…
Dave Lukas
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