{"id":49510,"date":"2020-01-09T15:59:20","date_gmt":"2020-01-09T20:59:20","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49510"},"modified":"2020-01-09T15:59:20","modified_gmt":"2020-01-09T20:59:20","slug":"heres-how-a-simple-options-income-strategy-could-have-easily-beaten-the-2019-equity-markets","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/heres-how-a-simple-options-income-strategy-could-have-easily-beaten-the-2019-equity-markets","title":{"rendered":"Here\u2019s How A Simple Options Income Strategy Could Have Easily Beaten The 2019 Equity Markets"},"content":{"rendered":"<p>There are no two ways about it, the S&amp;P 500 had a remarkable performance last year, rising almost 29% in 2019. Most investors would find that to be a hard performance to beat, but in this video we\u2019re going to show you an extremely simple options trading strategy that, if implemented carefully, could have performed MORE than twice as well as the S&amp;P 500 did last year.<\/p>\n<span class=\"collapseomatic \" id=\"id69e92b119d3ff\"  tabindex=\"0\" title=\"&lt;strong&gt;View Video Transcript&lt;\/strong&gt;\"    ><strong>View Video Transcript<\/strong><\/span><div id=\"target-id69e92b119d3ff\" class=\"collapseomatic_content \">\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">\n<div id=\"panels\" class=\"style-scope ytd-watch-flexy\">\n<div id=\"content\" class=\"style-scope ytd-engagement-panel-section-list-renderer\">\n<div id=\"body\" class=\"style-scope ytd-transcript-renderer\">\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">there are no two ways about it the S<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">500 index had a remarkable performance<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer active\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer active\" tabindex=\"0\" role=\"button\">last year rising almost 29 percent in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">2019 I&#8217;m pretty sure that most investors<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">would find that to be a hard performance<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to beat but in this video we&#8217;re gonna<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">show you an extremely simple options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trading strategy that if implemented<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">carefully could have performed more than<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">twice as well as the S&amp;P; 500 index did<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">last year and that&#8217;s saying something<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">I&#8217;m the head trader of SMB capitals<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options trading desk in Manhattan I can<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">tell you from experience that most<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">traders and investors just don&#8217;t think<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that certain returns are possible but<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">auctions create unique opportunities for<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">profit that most other trading<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">instruments just can&#8217;t deliver so if<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;re interested in an easy to learn<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">strategy that could have beaten the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market by more than 100 percent in this<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">stellar 2019 equities market then stick<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">around because I think you&#8217;re going to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">be pretty surprised at how easily this<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">could have been done<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">[Music]<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">hi I&#8217;m Seth Freudburg I&#8217;m the head trader<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of SMB capitals options trading desk SMB<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">capital is a proprietary trading firm<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">located in midtown Manhattan and we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">provide capital for options and equity<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">traders from all over the world trading<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">both remotely and in our offices here in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">New York City now I&#8217;d like to suggest<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you click on our subscribe button right<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">now so that you don&#8217;t miss any of our<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">free trading videos that we produce for<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the traders and investors all over the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">world they&#8217;re really very valuable ok so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">one of the great things about options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">income strategies is that they can be<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">adapted to accommodate trading signals<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">so that the combination of a simple<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">option strategy and a commonly used<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trading signal can be incredibly power<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">powerful if you know how to apply them<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">together now in the case of the equity<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">markets one of the most widely watched<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">indicators is the 200-day moving average<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">when it&#8217;s breached to the downside many<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">traders fear that a bearish trend has<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">developed and so lots of traders tend to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">get bearish when that average gets<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">breeze breach so let&#8217;s say that you<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">wanted to use that indicator as a signal<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to get in and out of bullish options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trades that could be a reasonable thing<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to do and so I&#8217;d like to work through a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">particular option strategy known as the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">put credit spread and let&#8217;s study how it<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">should have performed in 2019 if<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">utilized in a certain specific and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">easy-to-understand way now before we get<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">into that I just want to spend a minute<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to make sure that everyone watching this<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">up to speed about the basics of the way<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options work so that they can follow<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">this study that we did and realize why<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">it should have beaten the hell out of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the market returns in 2019 now most of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you are probably familiar with index<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options which are the options that are<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">used in this example but there may be<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">some who just have a passing knowledge<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of how they work so I&#8217;m gonna do a quick<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">basic review of the basics so that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;ll all be able to understand this<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">strategy for those experienced options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">guys out there don&#8217;t worry this is going<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to be quick and then we&#8217;ll jump right<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">back into the guts of the lesson so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;re probably all familiar with how<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">equity options work with equity options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a call buys you the right to buy one<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">hundred share<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the stock at the strike price is that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">option anytime before the option expires<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and a put option entitles you to sell<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">100 shares of stock at the strike price<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of the put before that options expires<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">but there are also index options which<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">works similarly to equity options except<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that there&#8217;s no such thing as 100 shares<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of an index like the S&amp;P; 500 so you<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">can&#8217;t really buy or sell 100 shares of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">an index but what you can do is get paid<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">in cash $100 per point if the index<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">expires above the strike price of an<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">index call that you buy or alternatively<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;d be paid $100 per point for each<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">point the index drops below the strike<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">price of your index puts so for example<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">if the SPX index is trading at 3,000 and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you buy the 30 10 call if the SPX goes<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to 30 15 you should receive $500 in your<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">account if the index closes at three<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">thousand and ten or lower your call<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">expires worthless on the other side of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the ledger if you buy a twenty nine 85<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">foot and the market sells off to 29 75<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;d make $1,000 but if the market just<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">sold off to 29 85 or higher the put<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">expires worthless so those are the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">basics of index options now it&#8217;s<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">important to be clear on what index<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options are because we&#8217;re talking about<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a strategy that we want to compare to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the performance of the S&amp;P; 500 index in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">2019 so we&#8217;re going to use index options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to implement this strategy okay so first<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of all we could establish a rule that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade will not be implemented unless<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the sp500 index is trading above its<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">200-day moving average as that&#8217;s a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">bullish trade and furthermore when we do<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">implement the trade if at any point<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">during the trade the market closes below<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the 200-day moving average for more than<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">three days then we can see that as a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">signal that the market is probably going<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to turn bearish and thus close our<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">bullish trade and wait for another<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">opportunity to get back involved in the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trade once the market remains above that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">200-day moving average so let&#8217;s take a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">look at the chart of the S&amp;P; 500 in 2019<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">as you can see the first time the market<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">moved above the 200<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">day in 2019 was in early February<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">remember the market had a hard sell off<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">in the final quarter of 2018 so it took<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a little while for that to be overcome<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">in terms of the moving average so let&#8217;s<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">suppose that when we&#8217;re in this<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">condition when the market is above the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">200-day moving average we could enter<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">into a put credit spread way below the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market for safety now virtually every<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">broker that allows you to trade options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">provides provides you with some metrics<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">on the options you&#8217;re trading and those<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">metrics are called the options Greeks<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the options Greeks are various<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">sophisticated measures of how options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">react to changes in the price and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">volatility of the underlying stock or<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">index that the option is derived from so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">one of those Greeks is called an options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">delta and it&#8217;s basically measuring how<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">much the price of an option should move<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">based on the movement of the stock or<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">index that the options derive from the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">farther an option strike is from the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market price of whatever you&#8217;re trading<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the smaller its delta is so for example<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">if the SPX index is trading at 3,000 and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the strike price of a put option is that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">say 29.95 just five points below the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">price of the index then that option will<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">have a delta of around fifty but if the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">strike price of the put is twenty eight<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">hundred two hundred points below the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market then the delta could be as little<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">as five or ten depending on how far the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">option is from its expiration date so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that&#8217;s a very high-level summary of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">deltas okay so getting back to our trade<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">if we have a protocol that as long as<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the market is above its 200-day moving<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">average then we&#8217;re going to sell a put<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">at ten delta way below the market price<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">on an option that expires in 60 days in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">other words two months from now<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">so in 2019 the first opportunity we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">could have had to do that should have<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">actually been February 12th so on that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">day the SPX was trading at twenty seven<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">forty five and the ten Delta option was<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">way down there at 25 75 170 points below<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the market so on that day we sold 10 of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">those 25 75 puts for $19.25 each below<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that we bought<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">ten points lower ten of those 2565 puts<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">for protection at an $18 price so if the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market really starts to sell off that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">long put at 2565 it gets activated as a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">protective hedge against the short put<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options we sold 10 points higher at<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">twenty five seventy five now let&#8217;s drill<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">down and try to understand what exactly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">is going on here and how this trade<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">works so this formation where we sell a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">put way below the market and then buy a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">put even farther down from the market as<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">protection that&#8217;s known as the put<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">credit spread now let&#8217;s take a look at<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">how this works when we sell the 1575 put<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we receive $19.25 times 100 times 10<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">because we sold ten of them so we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">received 19,000 $250 then we moved down<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to the 1565 puts that we bought and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;ll see that we had to pay $18,000<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">for the ten of those netting us cash<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">flow of $1,250 now your broker for<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">margining purposes should require you to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">have about eight thousand seven hundred<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">fifty dollars for this trade which is<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the worst case scenario loss on the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trade by the way so therefore that&#8217;s<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">really the capital that we&#8217;ve invested<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">in the trade which makes sense because<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the puts we sold are so far from the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market a hundred seventy points below<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the market in fact that the market has<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to take quite a dive for either though<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">either of those options to be activated<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and so the risk in the trade is larger<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">than the reward but the reward is very<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">very likely to happen because then only<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">one instance where the market goes down<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a lot do we lose on this trade if the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market goes up goes nowhere or goes down<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">modestly we should win the trade as<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you&#8217;ll see in a minute now the rules of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade are that we should stay in the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trade as long as the market stays above<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the 200-day moving average as we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">mentioned if it falls below the 200-day<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">then we should wait three days and if<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">one the third day it closes below the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">200-day moving average we would close<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade that way we avoid the noise of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a small market move below the 200-day<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">which gets bought up quickly but if the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">profit on the trade is greater than 90%<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of the original cash credit that we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">received we should close<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade for a profit so now let&#8217;s move<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">forward to March 28th and as you can see<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we&#8217;re still in the trade the market did<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">very briefly move below the 200-day<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">moving average but it quickly rebounded<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">so we didn&#8217;t hit out of the trade so now<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">on March 28th we&#8217;re only 15 days before<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">these options expire and we&#8217;ve been in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade for 42 five days so let&#8217;s<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">analyze where we are exactly on the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">position being 15 15 days from<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">expiration you can see that the prices<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of the options have dropped quite a bit<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that 2575 that we sold for $19.25 it&#8217;s<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">now bound to a dollar 15 and the 2565<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that we bought for 18 is now down to a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">dollar five so at this point you close<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade and let&#8217;s run through exactly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">why you&#8217;d close it so originally you&#8217;ll<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">remember that we received 1200 $1,250<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">for the combination of selling the 1025<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">75 puts and buying the 1025 65 puts we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">needed<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">$1,250 out of that transaction well what<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">if we wanted to close the trade well at<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">this point we&#8217;d have to pay a dollar 15<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the market price of the put now to close<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">our short position at 25 75 and we&#8217;d be<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">able to sell our long 2565 for a dollar<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">five so if you do the math we take our<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">original 1250 that we received we spend<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">1150 to buy back the ten short puts at<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">twenty five seventy five and we sell the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">long puts for ten fifty so we&#8217;re left<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">with cash of $1,150 well remember we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">said we should close the trade when our<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">profit has attained at least ninety<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">percent of the credit we originally<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">received and as you can see we can close<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the trade for a 92% credit and so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">therefore we&#8217;ll close the trade and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">pocket the $1,150 now since we&#8217;re still<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">above the 200-day moving average we<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">could simply reopen another trade as<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">soon as an options chain opens up which<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">is 60 days out and that happens on April<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">9th now on that day the SPX had rallied<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">up to 28 77 and was still well above the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">200-day<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">moving average so we could go ahead and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">sell the 2715 puts which are the ten<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Delta puts we talked about and by those<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">2705 puts for protection now you&#8217;ll<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">notice we receive nineteen dollars and<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">forty cents for the twenty seven fifteen<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">puts and we&#8217;d have to pay eighteen<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">thirty five for the twenty seven oh five<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">foot so if you do the math we&#8217;ve<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">received one thousand and fifty dollar<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">credit this time for an initial<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">investment of eight thousand nine<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">hundred fifty dollars now before we run<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">through how this trade worked out as<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">well as the equivalent rates for the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">rest of the year I wanted to mention<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that we&#8217;re currently running a two our<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">free intensive workshop at the moment<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we&#8217;re all be teaching you three<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">real-world option strategies the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">professional options traders use<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">including a really simple but incredibly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">effective strategy that some of the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">greatest investors in the world like<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Warren Buffett use all the time plus an<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options trading strategy that has a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">statistical eighty percent probability<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of profit month in and month out plus an<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">option strategy that you can employ with<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a stock that you like where you&#8217;ll make<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">your target profit whether the stock<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">goes up goes nowhere or even goes down a<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">small percentage so if those strategies<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">are interest to you then you should<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">check out the free options class that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we&#8217;re currently running just go ahead<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and click the link that should be<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">appearing now at the top right corner of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">your screen that should open the free<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">registration page in the new window so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">don&#8217;t worry you won&#8217;t lose this video or<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you can just go on over to options class<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">com to register for this free intensive<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">workshop it&#8217;s a rare opportunity for<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">retail traders and investors to learn<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">directly from Wall Street traders but<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that&#8217;s exactly what you&#8217;ll be getting<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">through this free online workshop so<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">click the link to sign up now and don&#8217;t<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">miss it okay so now we&#8217;ve entered our<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">second trade in our 2019 put credit<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">spread campaign and you&#8217;ll see that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we&#8217;ve moved forward to June 5th and the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">SPX is actually sold down to 2018 but<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">with only three days left and the puts<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">being more than 100 points below the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">market there would have to be a hell of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">a sell-off for those options to actually<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">pay off and so the market was assigning<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">very little value to them well again<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">reached the point as you can see where<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we can close the trade for in this case<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">so little that we were able to hang on<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to 95% of that original $1,050 credit<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">because it only cost us $50 to close the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trade and as long as the SPX stays above<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the 200-day moving average and doesn&#8217;t<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">close below it for more than three days<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we should throw on another trade sixty<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">days out from expiration so it turns out<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that the conditions were acceptable<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">according to our trade standards four<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">more times during the year in early June<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">in late July in September and November<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of 2019 so we were able to execute the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">trade six total times during the year of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">course only when our conditions were met<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and here are the results with a little<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">under $9,000 deployed on six trades<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">spread throughout the year the results<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">were obviously impressive a 67 percent<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">return on capital mind you we were out<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">of the market for a number of months<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">where our trade standards were not being<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">met that&#8217;s well more than twice the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">incredibly impressive twenty-nine<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">percent returns of large cap stocks in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">2019 where you&#8217;d have to have been in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the market the entire year to appreciate<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">those kinds of returns so what I&#8217;d like<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you to take away from this video is the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">fact that it can be extremely powerful<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to combine the principles of options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">income trading with market indicators<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">like the 200-day moving averages we did<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">with this simple put credit spread<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">program triggered by the market trading<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">above the 200-day moving average when<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">you do this you can get surprisingly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">superior results compared to the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">performance of the underlying dick<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">indexes if you understand how to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">position your long and short options in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the statistically correct locations in<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">relation to the market and have the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">discipline to stick to your trading<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">playbook because you have confidence<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that should work out from back testing<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and live trading experience just to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">remind you as I said earlier if you<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">enjoyed this video and learn something<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">valuable from it and you&#8217;d like to learn<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">the details of three real-world option<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">strategies that professional options<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">traders use all the time then you should<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">check out the free options class that<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">we&#8217;re currently running just go ahead<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and click the link that should be<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">appearing now at the top right corner of<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">your screen that should open up the free<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">registration page in a new window so you<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">won&#8217;t lose this video don&#8217;t worry or you<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">can just head on over to options class<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">com<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">to register for this free intensive<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">workshop it&#8217;s really a rare opportunity<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">for retail traders and investors to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">learn directly from Wall Street traders<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">but that&#8217;s exactly what you&#8217;ll be<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">getting through this free online<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">workshop so click the link to sign up<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">now and don&#8217;t miss it okay so now I&#8217;m<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">interested in hearing from you what<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">indicators do you use in your trading<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">that you think might lend itself to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options income strategies such as to put<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">credit spread I&#8217;m really interested to<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">see what you&#8217;ll suggest we&#8217;ll do another<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">video like this to test out the best<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">ideas we get showing how we could apply<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">options income strategies to express the<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">directions suggested by your indicators<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">and let&#8217;s see what happens I&#8217;m really<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">looking forward to what indicators you&#8217;d<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">suggest so please comment those below<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\"><\/div><\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/broadcast.smbtraining.com\/smboptions\/?utm_source=Blog\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-48454\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup.jpg\" alt=\"\" width=\"970\" height=\"250\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup.jpg 970w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup-300x77.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup-768x198.jpg 768w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup-610x157.jpg 610w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup-100x26.jpg 100w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/05\/options-webinar-signup-846x218.jpg 846w\" sizes=\"auto, (max-width: 970px) 100vw, 970px\" \/><\/a><\/p>\n<p>* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are no two ways about it, the S&amp;P 500 had a remarkable performance last year, rising almost 29% in 2019. Most investors would find that to be a hard performance to beat, but in this video we\u2019re going to show you an extremely simple options trading strategy that, if implemented carefully, could have performed MORE than twice as well &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/heres-how-a-simple-options-income-strategy-could-have-easily-beaten-the-2019-equity-markets\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":49511,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-49510","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here\u2019s How A Simple Options Income Strategy Could Have Easily Beaten The 2019 Equity Markets | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/heres-how-a-simple-options-income-strategy-could-have-easily-beaten-the-2019-equity-markets\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s How A Simple Options Income Strategy Could Have Easily Beaten The 2019 Equity Markets | SMB Training\" \/>\n<meta property=\"og:description\" content=\"There are no two ways about it, the S&amp;P 500 had a remarkable performance last year, rising almost 29% in 2019. Most investors would find that to be a hard performance to beat, but in this video we\u2019re going to show you an extremely simple options trading strategy that, if implemented carefully, could have performed MORE than twice as well ... 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