Coach Mak | Know Your Money
@WealthCoachMak
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I coach investors to help them make 4 to 5 figures of monthly income by trading options
Trade with me 👉
Joined November 2021
I have made $50,588 trading Options in 2024 I primarily used 2 strategies: âś… Selling Puts âś… Selling Calls Want to learn these strategies? Here are my easy-to-understand ebooks at NO COST to you All I ask is to LIKE & REPOST this and FOLLOW ME
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RT @WealthCoachMak: If I sell a put option today… For an expiry date that is 6 weeks out And then in 4 or 5 days I have captured 50% of t…
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@AviLebovic Let me know when you are ready to learn. I will be hosting a workshop on LEAPS and nuances soon
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@AviLebovic It’s easier to do the PMCC (look at the previous two posts about PMCC and risks with that) the more ITM the call is
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@Tushar_K72 We are paying $6000 instead of paying $13000 to buy 100 shares. So yes saving $7000.
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@ArpitTanna It depends on how quickly I get the profits. Ideally more than 100% But if I get 50% in 2-3 weeks…I am closing it
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@sith14 If I knew about it for sure I would sell my house and put everything in lol You research the fundamentals, put the trade at the right technical levels and then time is on ur side
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I bought this LEAPS Call on $AMZN last week - 6/17/27 $225 ✅ Premium Paid: $5,735 Now… I can sell Covered Calls against this LEAPS long call This is the Poor Man’s Covered Call Essentially turning this into a diagonal call spread Here are the risks 👇👇 Let’s say I sell a short call: - 3/7 $245c I get $182 in premium But… Now the risk is that by 3/7 $AMZN could go to $260 I could roll by short call from $245 to $265 to May expiration… But by that time $AMZN could go to $285 Whatever gains I am achieving on the LEAPS call… I am giving them back by losing on the short call How to get out of this? I can buy 100 shares of $AMZN prior to $AMZN reaching the short call strike price and now is the short call goes in the money I can allow the 100 shares to be called away Keeping my LEAPS call in tact But I better have the extra capital to BUY the 100 shares… And even with that there is a risk What if the price of the stock reverses AFTER I buy the 100 shares? Now my short call is no longer challenged And I am losing value on my shares AND the LEAPS call Moral of the story? There are lots of nuances you NEED to be aware of before you start doing the PMCC or the diagonal spreads And it’s an absolute MUST to have a decent amount of capital to be really
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