An account with $500,000 cash can generate $4,000 per week when selling options at .8%. That’s a $192,000 salary before tax.
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Stocks I like to sell options on are: 1. $TSLA 2. $SOFI 3. $SBUX 4. $PLTR 5. $CELH 6. $SPY 7. $QQQ 8. $CLSK
@GrindeOptions This really only makes sense if the stock goes up over time and volatility is high
@GrindeOptions Can’t you sell them at 8% and make $1.92m? Why aren’t more people doing this?
@GrindeOptions Assuming you don’t take on losses by getting assigned.
@GrindeOptions What do you do when you are short puts and the stock gaps down 10% Or when you are short calls and the stock gaps up 10%? How much of that $192,000 do you give back?