|| "Financial Freedom Books" Series Author || Anti-Poverty || Options Trader || Long Term Investor || FREE articles and more https://nitter.gq/t.co/oh93v3htiG ||
All My Books Here 👉
Joined January 2021
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🚨BREAKING:
I ran 2,435 backtests on 5 years of real option prices.
A 97% win rate still fell 22%.
One filter cut the drop to a quarter.
13 of 52 stocks lost money anyway.
It's all in my new book
Options Trading Income Backed By 5 Years Of Data: 2,435 Backtests Selling Options: Cash Secured Puts, Covered Calls & the Wheel Strategy
Link in my profile.
"Complexity is the enemy of consistent execution. Simple, disciplined approaches outperform complex systems over time."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
🚨BREAKING:
I ran 2,435 backtests on 5 years of real option prices.
A 97% win rate still fell 22%.
One filter cut the drop to a quarter.
13 of 52 stocks lost money anyway.
It's all in my new book
Options Trading Income Backed By 5 Years Of Data: 2,435 Backtests Selling Options: Cash Secured Puts, Covered Calls & the Wheel Strategy
🚨BREAKING:
I ran 2,435 backtests on 5 years of real option prices.
A 97% win rate still fell 22%.
One filter cut the drop to a quarter.
13 of 52 stocks lost money anyway.
It's all in my new book
Options Trading Income Backed By 5 Years Of Data: 2,435 Backtests Selling Options: Cash Secured Puts, Covered Calls & the Wheel Strategy
Link in my profile.
Here is the link
amazon.com/Options-Trading-I…
Here is the link:
amazon.com/Options-Trading-I…
"Limit yourself to 4 to 5 strategy types maximum, 15 positions maximum at smaller portfolio sizes."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
Rolf Strasse | "Financial Freedom Books" Series retweeted
🚨BREAKING:
I ran 2,435 backtests on 5 years of real option prices.
A 97% win rate still fell 22%.
One filter cut the drop to a quarter.
13 of 52 stocks lost money anyway.
It's all in my new book
Options Trading Income Backed By 5 Years Of Data: 2,435 Backtests Selling Options: Cash Secured Puts, Covered Calls & the Wheel Strategy
Link in my profile.
"Daily management takes 15 to 20 minutes using a systematic review process. This is sustainable while working full-time."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
"Adjust allocation dynamically based on IV environment: reduce premium selling when IV is low, increase when IV is high."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
"Plus 5% to 10% cash reserve for opportunities when markets sell off and IV spikes."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
Two people. Same $60K job.
1. One leases a new car, spends it all.
2. One drives a used car and invests $500 a month.
Year 1 they look the same.
Year 20 one has $250K+ invested. The other still lives paycheck to paycheck.
"Layer 4, 5% to 10%, in directional LEAPS bets. These can double when you're right but can also go to zero."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
"Layer 3, 10% to 15%, in moderate strategies like PMCC and call spreads that require more active management."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
"Layer 2, 15% to 20%, in high-probability premium selling for consistent income with 65% to 75% win rates."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
"Layer 1, 60% to 70% of capital, in permanent holdings that compound forever. Never trade these."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
Rolf Strasse | "Financial Freedom Books" Series retweeted
I sell cash-secured puts and run the Wheel every single week. Have for years. Boring pays.
But it took me 30 years and hundreds of thousands in losses to learn what actually works.
So I wrote it all down. 5 books. The Financial Freedom Books Series:
1. Poor to Rich
Start here. Compounding, dividends, the Wheel, CSPs and covered calls from zero. Plus my own climb from a job I hated to financial independence.
2. Options Trading A to Z
For when the basics feel easy. Greeks, IV timing, LEAPS, credit spreads, Poor Man's Covered Calls. The roadmap from $50K to $500K.
3. The Mindset That Shapes Real Financial Freedom
Knowing what to do doesn't make you do it. 9 money myths that keep smart people stuck.
4. Sarah's Journey
A dental hygienist. $500 to start. Her first premium: $18. About 5 years later her premiums covered her bills.
5. Turn Your Retirement Accounts Into a Paycheck
50+? Your 401(k) or IRA is the biggest pile you own and it's asleep. Make it pay you weekly and monthly.
Each one stands alone. Together they're the full playbook. Pick the one that fits where you are.
Link to all books in my profile.
"Roll LEAPS to new position when 6 to 9 months remain to reset the decay clock and lock in profits."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
The Wheel in 3 steps:
1. Sell a cash-secured put on a stock you want. Get paid.
2. Assigned? You own it cheaper. Sell covered calls. Paid again.
3. Called away? Start over.
"Sell 30 to 45 day calls against the LEAPS just like covered calls. This requires only 20% to 30% of the capital to own shares."
From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K