$200 Per Day Selling Options | October 2021 Income Update

In the video today we’re going to take a close look at my portfolio and trades for the month of October. If you’re new the channel, my entire portfolio is centered around selling options. Specifically, selling short put options against stock I wouldn’t mind holding. Occasionally, I will sell covered calls, verticals, and iron condors. However, the main focus of my portfolio is centered around selling put options. This is mainly due to me having an overall bullish outlook on the stock market. It’s hard for me to sell naked calls or even short call spreads, which can lead to me having significant positive delta at times. Throughout the month of October I sold many naked puts against companies like Intel, Tesla, Chewy, Palantir, SoFi, and many more. I will typically look at the underlying fundamentals of the company, the volatility of the options, then pick my short puts based on an established set of my mechanics I use on nearly every trade. Options selling has quickly grown to nearly replace my monthly income. Almost doing so entirely passively. It does take up a few hours a month to manage and roll the positions, but that’s about as close as I’ll ever get to truly passive income. Following along to see my income (hopefully) grow every month. I hope you find this video helpful in someway and shortens your learning curve if you’re pursuing a similar options selling strategy in your account. Timestamps 0:00 Intro 0:26 Account Value Past Month 1:08 Options Trades this Month 9:00 Total Income for October ➤ Start Investing with M1 Finance: https://m1finance.8bxp97.net/151KXm