A Robinhood strategy you can use to cash flow your stocks and still watch them grow! Reserve your seat at the FREE webinar, three stock signals every investor must know!
Lots of investors use dividends to cash flow their stocks but there’s another way to collect an income from your investments that is one of my favorite strategies. It’s the easiest type of options strategy to use and will not only cash flow your stocks but can also reduce risk.
In this video, Thomas Carvo will show you how to use this strategy for Robinhood investors on the platform. He’ll guide you through exactly how to set it up and produce cash from your portfolio. Then he’ll show you how to use it with a Palantir stock example, turning this growth stock into a cash flow machine.
🤑 Get The Weekly Bow-Tie – my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor!
My Investing Recommendations 📈
Check out the stock simulator and Get a FREE share of stock worth up to $1000 when you open a Webull investing account with a $100 deposit! 🤑
📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code]
STOP losing money trading stocks! This workshop on technical analysis and stock trading will give you everything you need to trade like a pro! Make more profitable trades and make MORE money! Exclusive community discount – click to save 30%
SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you.
Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
Credit spreads in combo with covered call in this market.
9:46 pointless. I typically buy-write on risky positions. If it's something not so risky that I may/may not want to CC, then IV is what really matters for pricing. Looking at historical IV rates and comparing to current and seeing if it's worth selling options.
You aren’t going to make money doing this in a bear market. You’ll make Pennies. Not worth my time.
Don't Miss! These 12 Dividend Stocks will put Cash in Your Pocket EVERY WEEK! https://youtu.be/5kUo7JdaVMI 🤑
works for me
Can you do a video of what that actually looks like and what you click on nearing the expiration of your option? Use your $PLTR for example, nearing expiration what does it look like on the RH options chain if you will be receiving those shares back or not. And what it looks like on screen and how to control/operate/choose your next move. Like, is it automated to re-sell at a certain strike price, or do the shares revert to you and they just sit once more until you decide on an action once again?
Great video guys. I love playing options, and about 30% of my portfolio was built with options profits.
Worth noting with the rise of popularity of options trading, market makers have certainly noticed and they absolutely manipulate the market. Learn the Greeks, watch the volumes and IV, and know your trading signals to minimize the disadvantage.
Thanks!
wow what an awesome channel and worth watching channel ! subbed and liked sir
Robinhood is the One.
Long Live Robinhood.
If I don’t want a covered call to be assigned, I d covered calls with a delta below 30 or 20
is this about day trading?
What if my covered call does not execute and gets canceled by Robinhood?
I buy back my covered calls on the expiration date for .01 so that I can turn around and sell them again instead of having to wait for Monday.
I buy my starting position in stock with call options. I'll buy an option at the lowest strike price I can afford and then excersize it the next day. Then I'll have 100, or more, of that stock at a lower price than Its at and not lose my money. I got amc at .50 cents that way
Ma boy Thomas carvo!! That’s cool you guys make videos with each other I watch both of you guys hahaha. But yeah this is a good long term approach to squeeze a bit more $ out of your positions.
From my understanding,the purpose of buying dividend stocks is to maintain a steady cash flow but dividends tend to be slow and boring if you're not planning to retire soon. I've rather opted for a more aggressive approach and so far i've made close to $475K in raw profits from just q4 of 2019. Investing has no one way to it. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
I don't like robinhood they commit fraud all the time.
level 0 options trading is the lowest/easiest level to get approved for, which is enough.
HCDI is traded at almost one-fifth of its net assets. Their book value is much higher than the share price. Market cap 27 million and expected sales 160 million in 2022 and EBITDA 20 million. It is strange that the company has not already been acquired, some say. Free float 10.96 and 2 million shares are blank.
Recently, they have decided on another repurchase program where they plan to buy back shares for 5 million dollars. Director Walter Frederick Walker acquired 8,700 shares in a transaction that took place on Tuesday, May 24. The stock was purchased at an average price of $ 3.34 per share despite the price currently being $ 1.86.
I hope someone can check out the company and make a video about this company.
Best explanation I’ve ever heard for options
Do not fall in love with the stocks. I have collected $5000 in five months since the start of this year. Keep this up n I will collect $12k a year. Which is many many times better than dividends.
Hi Joe can you please explain vangard tax- Exempt bonds ETF (VTEB) 🤔
There is a flaw in this strategy. If the stock goes south and never recover you will lose a shunk of money.
To fix this, sell Calls who are DEEP IN THE MONEY. You will be assigned (no problem at all) BUT you will keep the time value of the option.
This way you have a REAL Cashflow and your principal is protected to a certain point …..
It's a way better way to play this strategy if you want to go in this direction.
you can buy bac bank of america. lols. that's good pick
You lost me halfway through. Wow lots to learn in the financial game.
This has got to be the best financial/investing video ever made. The average investor(me and millions like myself) buy some shares of some stock and have sleepless nights as we are currently watching their value go down everyday not knowing we can make money on them too. I literally learned of the whole covered calls/puts strategy this week. Been terrified of options for years. Still wouldn’t touch the non covered options if my life depended on them though.
very interesting. never thought about this type of strategy before. Awesome video!
So amazing, wish I had started investing long ago. But I am brand new and it's so much to take in. I am catching on to how to buy the stocks and hold them while they gain value, but am at a loss when it comes to trading. Any pointers that I can do that you wish you did when you first started? This question is for all.