{"id":49811,"date":"2020-04-23T17:18:00","date_gmt":"2020-04-23T21:18:00","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49811"},"modified":"2020-04-23T17:18:00","modified_gmt":"2020-04-23T21:18:00","slug":"the-giant-runway-of-options-trades-in-high-volatility-markets","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-giant-runway-of-options-trades-in-high-volatility-markets","title":{"rendered":"The Giant Runway of Options Trades in High Volatility Markets"},"content":{"rendered":"<p>In this video, we show you an example of the remarkable way that options income strategies respond to huge spikes in market volatility, affording options traders unusually good trading opportunities in volatile markets.<\/p>\n<span class=\"collapseomatic \" id=\"id69e9af3e2e98d\"  tabindex=\"0\" title=\"&lt;strong&gt;View Video Transcript&lt;\/strong&gt;\"    ><strong>View Video Transcript<\/strong><\/span><div id=\"target-id69e9af3e2e98d\" 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 class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\"><\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 reasons that options income<\/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\">traders love volatile markets like 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\">one we&#8217;re in right now in this is stark<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">pandemic is that options income 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\">if designed correctly can create 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\">winning trade over a gigantic range 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\">prices compared to normal markets<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 here in Manhattan<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 we&#8217;re seeing opportunities like 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\">all day these days in this video we&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">going to show you a vivid example 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\">how dramatically advantageous 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\">change in the market can be four 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 traders 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\">structure trades to take advantage 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\">these opportunities so if you&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 a trade that can win over<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 gigantic range of prices and in either<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">direction from the current 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\">then stick around because I think you&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">going to be surprised by just how wide<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 a range the market will give you 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\">winning trade in today&#8217;s 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\">[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 Freudberg and I&#8217;m 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\">head trader of SMB capitals 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 desk SMB capital is 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\">proprietary trading firm located 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\">midtown Manhattan and we provide capital<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 options and equity traders from all<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">over the world trading both remotely 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\">in our offices here in New York City 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\">I&#8217;d like to suggest that you click 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\">our subscribe button right now 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 don&#8217;t miss any of our free 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\">videos that we produce for traders 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\">investors all over the world they&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 very valuable ok<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 as a result of the Cova 19 pandemic<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">unless you&#8217;re living under a rock<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">somewhere you&#8217;re aware more than aware<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 market crashed in March 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\">when a market crashes what happens 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\">that the options market begins to adjust<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 realities of that crash and 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\">this video we&#8217;ll be showing you 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\">example of that now Before we jump into<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 though we&#8217;ve got to make sure 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\">everyone listening understands 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 and for those 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 who already understand 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\">basics<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">hang in there there&#8217;s going to be 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\">quick and then we&#8217;ll jump into the key<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">principles of this lesson okay 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\">almost all of you are probably familiar<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 equity options where a call buys<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 the right to buy 100 shares of 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\">stock at the strike price of the 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\">anytime before the option expires and 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 option entitles you to sell 100<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">shares at the strike price of 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\">before that option expires but there 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\">also index options which work similarly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 equity options except there&#8217;s no such<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">thing as 100 shares of an index like 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\">S&amp;P 500 you can&#8217;t really buy or sell 100<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">shares of an index but what you can 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\">is get paid in cash $100 per point 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\">the index expires above 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 an index call that you buy 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\">alternatively you&#8217;d be paid $100 per<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 for each point the index drops<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">below the strike price of your index 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\">so for example if an index is trading 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\">1,400 and you buy the 14 10 call 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\">index goes to 1415 you&#8217;d receive $500 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\">your account if the index closes at 1410<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">or lower your call expires worthless 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\">the other side of the ledger if you buy<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 1385 put and the market sells off 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\">1375 you&#8217;d make $1,000 but if 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\">just sold off 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\">1385 or higher the put would expire<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">worthless so those are the basics 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\">index options and remember you can buy<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 but your broker will allow 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\">to sell options as well and your broker<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">will allow you to put together<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">combinations of options in other words<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 strategies that involve both<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">short and long options purchased in 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\">way that is advantageous to you 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\">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\">okay so now that we&#8217;ve established 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 how index options work 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\">take a look at a pretty surprising<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">example of just how dramatically 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\">adapt to market conditions and 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\">helpful that can be to you as 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\">income trader so let&#8217;s take a look back<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 December 30th 2019 about four 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\">ago before the pandemic had 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\">emerged as a finance or markets issue<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 most of you have heard of the VIX<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 and what it represents but 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\">those of you who&#8217;ve not to put it 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\">very very simple terms the VIX measures<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 expensive options are getting 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\">in turn is a reflection of how much fear<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 is in the market and so as you 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\">see the VIX was trading near 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\">two-year lows back at the very end 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\">2019 now at that time the market 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\">very bullish particularly tech stocks<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 let&#8217;s focus on a particular 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\">known as the ndx index also 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\">Nasdaq 100 which is a very commonly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">traded index for options traders the nd<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 MDX index includes Microsoft Apple<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Netflix alphabet and lots of other tech<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">giants most of which were in a 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\">bullish mode at the end of last year<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 are the very times that the VIX<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">tends to be very low as it was at 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\">end of last year now there&#8217;s an 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\">strategy known as the iron Condor 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\">some of you may have heard of 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\">way that it works is that you create 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\">wide range around the current price 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\">whatever you&#8217;re trading within 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\">you&#8217;ll make a profit if 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\">remains anywhere in that wide range 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\">let&#8217;s explain you how this works 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\">should come clear to you so let&#8217;s say<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 on December 30th of last year 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 make a 39 day iron Condor<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 on the ndx Index well on that 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\">the ndx Index was trading at 87 21 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\">so what we did was we sold the nd xcall<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">9200 about 500 points above the current<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 we bought the 9300 call 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\">protection should the market go crazy 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 upside at the same time we sold 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\">eight thousand foot which was 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\">hundred points below the market and then<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 100 points below that we buy the 79<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 foot now let&#8217;s understand 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\">this creates a large range around 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\">current market so to do that let&#8217;s 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\">look at the cash flow implications 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\">what we&#8217;ve done here with this trade 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 can see that when we bought 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\">ninety three hundred call we paid 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\">dollars and eighty five cents 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\">because this put pays off $100 per 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\">if ndx gets above ninety three 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\">then that eight dollar and eighty 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\">cents is multiplied by one hundred 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\">arrive at total cash paid into 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\">account of eight hundred eighty 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\">dollars when we sold the ninety two<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 call we received a 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\">of $17.50 so that becomes a cash inflow<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 our account of seventeen 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\">fifteen dollars now moving down 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\">put side we sold the eight thousand foot<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 thirty nine dollars and seventy<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">cents which brought in three thousand<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">nine hundred seventy dollars and at 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\">same time we bought the protective 79<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 foot for $32.25<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 those are the cash implications 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\">the way that this trade works at any<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 below ninety two hundred and 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\">eight thousand you get to keep all 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 cash that you received in other<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">words your profit would be the entire<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">initial cash flow why well let&#8217;s examine<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">what happens if the market 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\">between any of those any of those two<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">points well both the ninety 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\">hundred and the ninety two hundred calls<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 expire on expiration day 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\">seventh completely worthless because 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\">either and trigger an obligation 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\">buyer of that option the market would<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 had to be above the strike price 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 call option as we explained earlier<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 the same logic applies to the 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\">thousand and seventy nine hundred 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 unless the market expires 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\">eight thousand then obviously there 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\">no obligations to the put buyer 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\">either the eight thousand for the set<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">900 puts and so those expire worthless<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">also so those options just die and go 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 heaven and you get to keep 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\">original cash flow that you received 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 trade is over in other words 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\">initial initial cash flow becomes 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\">profit on the trade 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 how this all changes when 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 gets extremely volatile like 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\">is in the last two months I wanted 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\">let you know that there really are sound<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">viable long-term techniques for 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\">options for income and in fact we&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">currently running a to our 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\">intensive workshop at the moment we&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">will be teaching you three of 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\">strategies that real professional<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 traders use including a 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\">simple but incredibly effective<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">technique that some of the greatest<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">investors in the world like Warren<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Buffett use all the time plus 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\">trading strategy that has a statistical<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">80 percent probability of profit month<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 and month out plus an option strategy<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 can employ with the stock 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 like where you&#8217;ll make your target<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 whether the stock goes up 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\">nowhere or even goes down a small<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">percentage so if those strategies would<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 of 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 will 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 a 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 head on over to 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\">class com to register for this 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\">intensive workshop it&#8217;s a rare<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 for retail traders 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\">investors to learn directly from Wall<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Street traders but that&#8217;s exactly 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\">you&#8217;ll be getting through this 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\">online workshop so click the link 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\">sign up now and don&#8217;t miss it okay 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\">now we&#8217;re gonna fast-forward through<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">today and as you can see the VIX 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\">had been trading in the 12 to 20 range<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 vast majority of 2018 and 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\">suddenly spiked massively on 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\">24th and has remained elevated above 35<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">ever since spiking as high as 85 at 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\">point as the market grapples 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\">badly the Cova Denine teen pandemic 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\">damage the valuation 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 in general so as a result<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 pricing has spiked right along<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 the VIX<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 as we said before was explained<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">simply as a measure of how expensive<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 getting and so now 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\">take a look at how this plays out 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\">reality so let&#8217;s move now to march 9th<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 was in the middle of this huge<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">spike in the VIX and we&#8217;re going to look<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 an apples for apples situation we&#8217;re<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">taking the ndx index options 39 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\">from March 9th so that&#8217;s the April 17th<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 and we&#8217;re going to set up 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\">iron Condor and you&#8217;ll remember 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\">before we went 500 points 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\">market to sell the call but 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\">we&#8217;re going to move up a thousand points<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">from where the index was trading 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 which is slightly above 8,000 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\">moving up 1,000 points to the 9,000 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\">strike price and selling that one 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\">did then moving up another 100 points<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">from there to 90 100 we&#8217;re going to go<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">ahead and buy the protective call and 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\">the put side you&#8217;ll remember earlier 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\">dropped down 700 points to sell 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\">on the put side of the trade well 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\">this case we&#8217;re gonna drop 2,200 points<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">below the current market price and 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\">the 5800 call and below that we&#8217;d buy<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 5700 put so while before we were<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">1200 points wide on this iron Condor 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\">are now 3,200 points wide so not 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\">are we almost three times wider than 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\">were 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\">in the low volatility environment 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\">I&#8217;d like you to take a look at the 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 on this iron Condor now we won&#8217;t go<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 each strike in details 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\">before but as you can see that when 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\">net down each of the strikes of the iron<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Condor adding up the cash we received<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 short options and the amount 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\">paid for the long options we end up 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\">over 26 hundred dollars in cash flow 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\">a trade that is 2,000 points wider 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\">the earlier iron Condor we demonstrated<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 where we collected just 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\">$1,500 or so in other words we were<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">collecting 75% more cash on an iron<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Condor that is 2,000 points wider 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\">incredible so moving forward expiration<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 will see that the ndx closed at 8000<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">8:32 and for the same reasoning 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\">just discussed earlier we 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\">Polly Pocket the 2672 dollars in 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\">premium that we originally received 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 witting trade has ended this 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\">not come as a big surprise given 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 we nearly tripled the width 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 iron Condor and so for the markets<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 stay within that giant range<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">shouldn&#8217;t be that shocking now 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\">purpose of this video was to drive home<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 very important point and that 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\">these kinds of market neutral range<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 like the iron Condor are 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\">tradable in super volatile markets<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 the options market automatically<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">adjusts to the giant moves in 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\">market that are taking place and adjusts<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 pricing accordingly so that 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\">options sellers are compensated properly<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 risks of they&#8217;re taking 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\">options markets basically saying look 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 want me to sell you this iron Condor<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 anywhere near the price you 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\">before in the low volatility times then<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 need to give me a much much wider<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">zone of safety than the normal zone<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 the markets too erratic making<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">big up moves and big mountain down moves<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">virtually every day so for me to be able<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 a profit of my iron Condor I<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 to make it pretty unlikely 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\">I&#8217;ll have to pay off and that can 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\">be accomplished if you put my short 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\">strikes way above the market and my<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">short put strikes way 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 as we did in this 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\">creating this giant 3,200 point wide<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">iron Condor and actually getting 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\">more for it then the 1200 point wide<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">Condor expiring in the previous month 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 lower volatility times these 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\">kinds of opportunities that professional<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 traders look for all the time<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 once you become experienced 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\">be able to spot these same kinds 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\">opportunities whether 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\">professionally or with your own capital<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 just to remind you as I said earlier<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 you enjoyed this video and learned<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">something valuable from it would like 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 the details of three real-world<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 strategies that professional<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 traders use all the time then<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 should check out the free 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\">class that we&#8217;re currently running 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\">go ahead and click the link that 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\">be appearing now at the top right corner<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 your screen that will 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 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<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\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 video don&#8217;t worry or you can 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\">head on over to options class comm 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\">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 really is 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 and please 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\">forget to click on the subscribe button<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\" tabindex=\"0\" role=\"button\">right now so you won&#8217;t miss free 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\">videos that were posting constantly 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\">our channel to help you to improve 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\">game as an options trader<\/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 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 wp-image-48454 size-full\" 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>In this video, we show you an example of the remarkable way that options income strategies respond to huge spikes in market volatility, affording options traders unusually good trading opportunities in volatile markets. * no relevant positions<\/p>\n","protected":false},"author":290,"featured_media":49812,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-49811","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"<!-- 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