In this video, I demonstrate how I make approximately $2,000 every month in a $10,000 options trading account. This is a lesson on how to make money with SPX options.
This is a VERY RISKY options trading strategy which is successful only in a semi-bullish environment.
Selling credit (bull) put spreads is a relatively simple way to generate consistent monthly income with options. However, make sure you thoroughly understand the risks before trading with real money.
Options trading is risky and you may lose money.
THE TRADES AND STRATEGIES DISCUSSED IN MY VIDEOS ARE NOT TRADE RECOMMENDATIONS.
THERE ARE NO GUARANTEES.
In this video, I explain:
~ how I selected my SPX options
~ how to calculate max profit and max loss at expiration
~ when to close losing options trades
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This video was released to my PATREON members on July 22, 2021.
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