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Mr Jaffee, this is a serious question, can we discuss you being my mentor and the opportunities that can arise from the relationship? Hope to hear from you. Thank you.Reply
david i have think or swim paper money
i practice but dont have the slightest clue what im doing.
i really need to start from the bottom.
i make tunnels for a living,so talk about starting some thing new ,i love it.
hope i here from you.thanks mark
You can enroll at https://beststockstrategy.com/membershipsReply
Hi- I have been selling naked puts for a few years and do well, but want to branch out a bit to more stocks besides AMZN, NFLX, ROKU, ADBE…I pretty much stick to weekly or two week trades. Does your program send specific alerts or do I have to go down lists and look for which fall within a certain criterion etc. I don’t like searching for new opportunities much. Right now I make about $1000 – $1500 per week and sometimes have to wait a month or more to close a trade if it goes against me by rolling it and reducing it, all things you write about, to still gain not lose.
Hi. You emailed me as well and I answered this via email.Reply
This blog about The BEST Selling Puts Strategy To Earn Trading
Income [David Jaffee]. has helped me enormously,
is a very good topic.
This blog about The BEST Selling Puts Strategy To Earn Trading Income [David Jaffee].
has helped me enormously, is a very good topic.
I’m very happy to read this. This is the kind of manual that needs to be given and not the accidental misinformation that is at the other blogs. Appreciate your sharing this greatest doc.Reply
Really, there have lots of matters in the selling puts strategy and most of the people don’t know properly that how they invest and become beneficial so they must need to take a course of put selling to maintain the strategy.Reply
Thanks for the comment.Reply
I really like this example and your content. I wanna sell puts in my Roth IRA and they would be cash secured since I can’t use margin. Do you think that’s still a good idea?Reply
It’s not a bad idea. I would recommend a margin account though.Reply
Very informative, thanks for keeping us up to date pertaining to your
Hi there, great post! I was hoping you could help me with something. I was wondering, I’m curious the difference between insider trading and a trading scheme. Do you know the difference? I really appreciate any advice you can give.Reply
Very educational, thank you for keeping everyone up to date relating to your investing development.Reply
Very insightful, thank you for keeping everyone up-to-date
on your investing strategy
Very useful, nice one for keeping us all up to date relating to
your trading success.
Many thanks for this, I’ll go ahead and absolutely readily share it with my customers.Reply
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David, first I like your site and style. Your recent blog on success is great and your review on Options Alpha is interesting to say the least. That said, I’ve tried selling options several times over the last 15 years. I also used a couple of managed fund to trade them…both had huge losses in Feb/Mar 2018 (one went belly up…ouch).
The problem I’ve seen are
(1) It works until it doesn’t. You sell some nice naked puts or spreads during, say 3-10% pullback in the market. After some wins you try again and suddenly the market keeps falling another 10-15% (happened twice in 2018) or even 40%+ (2008 and dot-com bust a few years before). During those times, you either suffer huge losses or try to adjust your way out of it…which still often results in huge losses unless your timing/luck is incredible.
2) You also have to wait and wait if the market doesn’t have meaningful pullbacks (2019 so far, the late 1990s, most of the time when the market rallied between 2009-2017). How do you make money when the market remains bullish and non-volatile for long periods?Reply
Hi. Great comment. I don’t have all the answers. My thoughts are as follows:
1) If Feb or Dec 2018 caused massive losses then… you traded too big and too aggressively.
Many people (not me) actually made money in those months.
2) I don’t think there’s any other way to trade than to pick your spots and be patient.
You’re also reducing risk by being patient.
I trade much less frequently than I used to, yet my results are the same (and I have less stress).
If you’d like to discuss, you’re welcome to book a call https://beststockstrategy.thrivecart.com/30-minute-call/ or take the alerts at https://beststockstrategy.com/memberships/
Thanks very much for the response. Do you mind saying what you netted in 2018? Your home page mentions your 2017 profits and shows a statement for July 18. Did you have an overral profit in 2018 despite down months like Feb, Oct and Dec? Thanks.Reply
Overall, I was up around 12% in 2018. However, I was up 40% heading into Q4 and lost a decent amount in Q4. The January 2019 volatility contraction allowed me to recoup almost all of the Q4 losses.Reply
Why are you against covered calls? Isn’t that selling options too?Reply
I’m not against selling covered calls, except it’s not capital efficient. You should choose the best strategy, not a “decent” one. Selling covered calls is decent.Reply
I’m ready to sign up but I don’t understand how you send your live daily trades and comments.Reply
Hi. I just sent you an email.Reply
Hi David, I love your strategy ! I just used it to sell a put on LockheedMartin. On 28 March, I sold the $275 May 17 put for $3.00 (stock was trading at $294) I bought it back on 2 April for $1.30 (stock at $306). Thanks !Reply
Great job on the LMT trade, I sent a similar trade to my trade alerts subscribers.
My trade alerts students receive profitable trades all the time. You may want to consider joining.Reply
do you sell strangles, also are your put trades in the money and out of the money
I do not sell strangles. I sell puts that are out of the money.Reply
This article is great!Reply