Selling Covered Calls Using LEAPS - YouTube

HI MARK YEGGE HERE WEALTH ARCHITECT AND AUTHOR  OF THE PROGRAM THE CASH FLOW MACHINE AND I HELP  

SEVEN AND EIGHT-FIGURE INVESTORS PLAY OFFENSE  AND DEFENSE IN THEIR INVESTMENTS AND SO WHAT  

WE'RE GOING TO BE TALKING ABOUT RIGHT NOW IS  GOING TO BE SELLING COVERED CALLS USING LEAPS  

SO IF YOU'RE INTERESTED IN SELLING COVERED CALLS  AND MAKING MONEY USING COVERED CALLS STAY TUNED  

OKAY SO ONE OF THE QUESTIONS I'M OFTEN ASKED IN  MY PROGRAM IS HOW CAN I GET A LITTLE BIT MORE BANG  

FOR THE BUCK BY USING LEAPS NOW SOME PEOPLE CALL  THEM POOR MAN COVERED CALLS I DON'T LIKE THAT AT  

ALL I THINK THAT'S A STUPID WAY TO DO IT THERE'S A  LOT MORE TO TRADING COVERED CALLS THAN JUST BUYING  

A STOCK AND SELLING AN OPTION AGAINST IT BY THE  WAY IF YOU DON'T KNOW MUCH ABOUT COVERED CALLS  

TAKE A LOOK UP HERE I'VE GOT A LINK TO MY OTHER  COVERED CALL VIDEO THAT'S OUT THERE AND YOU CAN  

TAKE A LOOK AT THAT BUT MOST PEOPLE DON'T HAVE A  PROGRAM AROUND COVERED CALLS WE HAVE A FULL SYSTEM  

CALLED THE CASH FLOW MACHINE AND IT'S GOT A SYSTEM  OF RULES AROUND IT TO LET YOU KNOW HEY IF THE  

MARKET'S DOING THIS YOU DO THIS IF THE MARKET'S  DOING THAT YOU DO THIS RIGHT SO THERE'S DIFFERENT  

THINGS THAT WE DO WITH THE MARKET RIGHT YOU  CAN'T JUST HAVE A THING WHERE YOU JUST BUY  

THE STOCK AND SELL THE CALL AND THAT'S THE  ONLY ADVICE YOU GET THERE'S GOT TO BE A FULL  

SYSTEM AROUND IT RIGHT BECAUSE WE KNOW THAT THE  MARKET IS EMOTIONAL AND WHEN YOU HAVE EMOTIONS  

EMOTIONS GO UP INTELLIGENCE GOES DOWN RIGHT SO WE  DON'T WANT TO MAKE STUPID EMOTIONAL DECISIONS AND  

THAT'S WHAT MOST TRADERS DO EVEN IN COVERED  CALLS NOW WHAT CAN YOU DO WITH COVERED CALLS  

USING LEAPS WELL YOU CAN SELL COVERED CALLS USING  LEAPS IT'S REALLY COOL THE WAY IT WORKS IS YOU'RE  

NEVER GOING TO GET SOMETHING FOR NOTHING IN  THE MARKET SO YOU'RE GOING TO GIVE UP A LITTLE  

SOMETHING BUT LET ME GIVE YOU AN EXAMPLE SO LET'S  SAY TESLA RIGHT NOW IS TRADING AT 1100 AND YOU CAN  

FIND A LONG-TERM EQUITY ANTICIPATION SECURITY  AND LEAP RIGHT IT JUST MEANS A LONGER TERM  

OPTION YOU FIND LET'S SAY AN 800 STRIKE PRICE OKAY  AND IT MIGHT GO OUT A YEAR RIGHT AND SO LET'S SAY  

JUST FOR ROUNDING THE NUMBERS OFF FOR GOING OUT  THAT YEAR YOU'RE GOING TO PAY A HUNDRED DOLLAR  

TIME PREMIUM OKAY SO YOU'RE GOING TO PAY 300 FOR  THE IN THE MONEY AMOUNT THAT'S THE 800 STRIKE LESS  

THE AMOUNT THAT THE STOCK IS IN THE MONEY OKAY  SO THAT'S ELEVEN HUNDRED DOLLARS RIGHT NOW ELEVEN  

HUNDRED MINUS EIGHT IS THREE HUNDRED DOLLARS  THAT'S THE IN THE MONEY AMOUNT AND THEN ON TOP OF  

THAT IS GOING TO BE A LITTLE BIT OF A TIME PREMIUM  THAT TIME PREMIUM IS THE WHAT YOU GOTTA PAY TO TO  

BE TO BE ABLE TO PLAY IN THAT GAME RIGHT YOU CAN'T  HAVE SOMETHING FOR NOTHING AND SO THAT'S THE PRICE  

BUT LOOK WHAT YOU GET INSTEAD OF SPENDING ELEVEN  HUNDRED DOLLARS ON A STOCK ON A SHARE OF STOCK  

YOU ONLY HAVE TO SPEND FOUR HUNDRED DOLLARS TO  CONTROL THAT SAME SHARE SO YOU COULD BUY ALMOST  

THREE TIMES THE AMOUNT NOW YOU NEVER GET SOMETHING  FOR NOTHING SO YOU'RE GOING TO GIVE UP A LITTLE  

DELTA WHICH MEANS IT'S NOT GOING TO QUITE MOVE IT  ONE FOR ONE WITH THE STOCK BUT YOU'RE GOING TO BE  

ABLE TO BUY THREE TIMES AS MUCH NOW YOU'VE GOT TO  HAVE RULES AROUND IT AND YOU'VE GOT TO UNDERSTAND  

THERE'S SOME ACCOUNTING IRREGULARITIES AROUND  IT WE TEACH ALL OF THAT IN OUR CASH FLOW MACHINE  

PROGRAM AND YOU SHOULD KNOW THAT RIGHT YOU'RE  NOT GOING TO JUST GET IN THIS BY THREE TIMES  

THE AMOUNT ON A LEVERAGED PRODUCT AND EVERYTHING'S  PERFECT THERE'S A LOT MORE BABYSITTING AND RULES  

AROUND IT I WANT YOU TO I WANT TO MAKE SURE  OF THAT BY THE WAY THIS ISN'T FINANCIAL  

ADVICE THIS IS JUST AN OPINION AND JUST BE SMART  RIGHT JUST LEARN ABOUT WHAT YOU'RE GOING TO INVEST  

IN NO MATTER WHAT IT IS BUT YOU CAN USE A LEAP  AND YOU CAN SELL COVERED CALLS USING LEAPS IT'S  

REALLY COOL SO NOW YOU'VE GOT FOUR HUNDRED DOLLARS  INVESTED AND LET'S SAY YOU'RE GETTING THREE YOU  

KNOW AT THE MONEY YOU'RE GETTING THIRTY DOLLARS  WELL THIRTY DOLLARS OVER FOUR HUNDRED INVESTED  

IS SEVEN AND A HALF PERCENT RIGHT SO YOU'RE  MAKING SEVEN AND A HALF PERCENT IF YOU MAKE 30  

HOW OFTEN CAN YOU DO THAT OVER AND OVER AGAIN  WELL YOU CAN DO IT A LOT SO YOU'RE MAKING A  

BIT MORE AND YOU'RE GIVING UP A LITTLE BIT OF  DELTA A LITTLE BIT OF SLIPPAGE AND A LITTLE  

BIT OF ACCOUNTING SECURITY WITH IT BUT SELLING  COVERED CALLS USING LEAPS IS A REALLY REALLY  

GREAT STRATEGY NOW QUICK COMMERCIAL HERE WE  HAVE A PROGRAM CALLED THE CASH FLOW MACHINE  

IT'S A COURSE WE HAVE A WE HAVE AN INTRODUCTORY  COURSE FOR BEGINNERS THAT JUST TEACHES THE BASICS  

OF COVERED CALLS THEN WE HAVE A PROGRAM CALLED  THE ELITE COURSE WHICH IS A FABULOUS COURSE IT'S  

GOT OVER 90 MODULES IN IT NOW AND IT TEACHES YOU  ALL THE DIFFERENT RULES THE MARKET TIMING RULES  

THE STOCK TIMING RULES WHAT YOU DO IF THE STOCK  GOES UP DOWN WHAT YOU DO IN THE DIFFERENT KINDS OF  

MARKETS IT TEACHES LIKE EVERYTHING MINDSET WHICH  IS 90 OF TRADING AS YOU PROBABLY KNOW AND THEN IT  

TEACHES YOU HOW TO SELL COVERED CALLS USING LEAPS  WHAT SOMETHING THAT IS CALLED SYNTHETIC TALK ABOUT  

SYNTHETICS QUITE A BIT IN OUR PROGRAM AND PEOPLE  LOVE THEM IF YOU WANT SOME MORE INFORMATION YOU'LL  

CLICK ON ONE OF THE LINKS BELOW AND I'M SURE YOU  CAN YOU CAN YOU CAN JOIN ONE OF OUR COURSES AND  

WE EVEN HAVE A MASTERMIND GROUP A WHOLE COMMUNITY  AROUND IT AND MAKE SURE THAT YOU'RE GOING TO BE  

APPLYING THE KNOWLEDGE IN THE WAY THAT WE TEACH  IT AND NOT A SINGLE PERSON HAS EVER FALTERED IN  

OUR PROGRAM SO I'M REALLY PROUD OF THAT I'D LOVE  TO SEE YOU IN THAT BUT THE THE POINT HERE IS NOT  

TO GIVE YOU THAT COMMERCIAL THE POINT HERE IS  TO TEACH YOU THAT YOU CAN SELL COVERED CALLS  

USING LINKS LEAPS AND IT'S A REALLY FANTASTIC WAY  TO USE COVERED CALLS TO CREATE INCOME THAT INCOME  

CREATES DEFENSE YOU LOWER YOUR BASIS IN THE STOCK  YOUR BASIS IN THE IN THE IN THE SYNTHETIC POSITION  

AND BY DOING THAT YOU INCREASE YOUR TURN AND YOU  LOWER YOUR RISK A BIT HOPE THAT HELPS LOOK FORWARD  

TO SEEING YOU ON THE INSIDE IF WE CAN BY THE WAY  IF YOU WANT TO LEARN MORE IF YOU WANT TO JOIN  

SOME OF MY ECOSYSTEMS WE HAVE BOOKS AND COURSES  AND MASTERMINDS AND MENTORSHIPS AND ALL KINDS  

OF REALLY COOL THINGS TO GET THE PROBABILITIES IN  YOUR FAVOR YOU KNOW I HELP WEALTHY INVESTORS PLAY  

OFFENSE AND DEFENSE BY CREATING SAFE RELIABLE  INCOME BUT IT ALL COMES FROM A SYSTEM GUYS IT  

ALL COMES FROM A SYSTEM AND IF YOU WANT TO LEARN  TO DO ANYTHING RIGHT YOU'VE GOT TO HAVE A SYSTEM  

IT CAN'T JUST BE I WATCHED A YOUTUBE VIDEO AND  NOW I'M GOING TO GO THROUGH MY GOOD HARD EARNED  

MONEY YOU NEED TO LEARN A SYSTEM AND I'VE BEEN  DOING THIS FOR 44 YEARS AND I THINK I GOT SOME  

REALLY COOL PROGRAMS FOR YOU TO LEARN ANYTHING  WORTH DOING IS WORTH DOING RIGHT YOU MIGHT AS  

WELL LEARN IT RIGHT YOU MIGHT AS WELL PUT THE TIME  AND EFFORT INTO SOMETHING THAT'S GOING TO MAKE YOU  

MONEY FOR THE REST OF YOUR LIFE GO TO ONE OF MY  SITES THE MAIN ONE IS CALLED HACKINGMONEY.COM  

YOU CAN CLICK THERE YOU CAN GO TO THE PRODUCTS  TAB YOU CAN SEE WHAT WE HAVE TO OFFER FOR YOU  

SO YOU CAN TAKE YOUR TRADING TO THE NEXT LEVEL  AND MAYBE I'LL EVEN SEE YOU AT ONE OF MY EVENTS  

IN ANY CASE I HOPE YOU JOIN ONE OF MY ECOSYSTEMS  AND I HOPE WE SEE EACH OTHER DOWN THE ROAD