Learn options trading strategy, general options talk, and more! For both beginners and intermediates alike!
Profit Rocket Podcast
Claim This Podcastby Hunter
4.6(5 reviews)
4 episodes
Updated Daily
Accepts GuestsHas SponsorsLocation 🇺🇸
Podcast Overview
Learn options trading strategy, general options talk, and more! For both beginners and intermediates alike!
Language
🇺🇲
Publishing Since
5/9/2021
1 verified contact email on file for Profit Rocket Podcast
Pitch yourself as a guest, propose sponsorships, or reach out directly to the host.
Recent Episodes
June 23, 2021
Episode 4 - Calendar Spread Basics
<p><u><strong>CALENDAR SPREADS</strong></u></p> <p><strong>1.</strong> Calendar spreads allow you to play a stock and profit between two separate breakevens.</p> <p><strong>2. </strong>You sell to open the "front month" contract [expiring sooner] and buy to open the same strike in the "back month" or further expiration.</p> <p><strong>3. </strong>They are short theta, meaning that they are paid from the passage of time since the front month is sold to open.</p>
May 14, 2021
Episode 3 - The PMCC (Poor Man's Covered Call)
<p><u>PMCC BASICS</u></p> <p>- A PMCC is buying a LEAPS (long term equity anticipation security; aka a contract with an expiration 8mo to 1yr+ out) and selling to open OTM calls in the short term against it. </p> <p>- You want your LEAPS to have a .70 delta so you're buying them ITM</p> <p>- You want your short term call to be .20 to .25 delta so that it has a low probability of making it ITM. If this call expires worthless OTM, you collect 100% of the premium.</p> <p>- Some people sell weekly calls, some people sell monthly calls (30-45 DTE)</p> <p>- Each time you sell a call and close it for a profit, you are effectively reducing the amount of money you paid for the position (experienced traders call this "reducing your cost basis")</p> <p>- LEAPS should be bought in <u><strong>LOW IV ENVIRONMENTS</strong></u></p> <p>- Calls should be sold at a strike HIGHER THAN the strike of your LEAPS call, and above a resistance level/at the .20-.25 delta. (.30 if you're super bearish and think that will expire OTM)</p>
May 14, 2021
Episode 2 - Credit Spread Basics
<p><u><strong>CREDIT SPREAD BASICS</strong></u></p> <p>- Buy to open a further OTM contract, sell to open a more expensive closer to the money contract</p> <p>- There are call and put credit spreads, but they work opposite of calls and puts. Selling a call credit spread (bear call spread) is <u>bearish,</u> and selling a put credit spread (bull put spread) is <u>bullish!</u></p> <p>- Credit spreads are neutral/directional trades, meaning you do not need the stock to move in a direction to make money. They will pay you as time passes even if the stock is chopping up and down. As long as the strike you <u>SOLD TO OPEN</u> is OTM at expiration, you collect 100% of the premium you sold the spread for.</p> <p>- Credit spreads <u>DO NOT</u> experience theta decay and IV crush, theta and IV crush actually benefit us, and we look for opportunities to experience them!</p> <p>- Credit spreads are best entered off of a reversal, but also in <u>high</u> implied volatility environments, 30-45 DTE (days til expiration)</p> <p>- Be mindful of stocks that pay dividends, as you can be assigned early! This is called pin risk!</p>
4 total episodes available
Deep-dive analytics for Profit Rocket Podcast
Frequently asked questions
Have a different question and can't find the answer you're looking for? Reach out to our support team by sending us an email and we'll get back to you as soon as we can.
- What is Profit Rocket Podcast?
- How often does this podcast release new episodes?
This podcast updates daily.
- Where can I listen to this podcast?
This podcast is available on 4 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
- Does this podcast accept guests?
No, this podcast does not typically feature guests.
Legal Disclaimer
Pod Engine is not affiliated with, endorsed by, or officially connected with any of the podcasts displayed on this platform. We operate independently as a podcast discovery and analytics service.
All podcast artwork, thumbnails, and content displayed on this page are the property of their respective owners and are protected by applicable copyright laws. This includes, but is not limited to, podcast cover art, episode artwork, show descriptions, episode titles, transcripts, audio snippets, and any other content originating from the podcast creators or their licensors.
We display this content under fair use principles and/or implied license for the purpose of podcast discovery, information, and commentary. We make no claim of ownership over any podcast content, artwork, or related materials shown on this platform. All trademarks, service marks, and trade names are the property of their respective owners.
While we strive to ensure all content usage is properly authorized, if you are a rights holder and believe your content is being used inappropriately or without proper authorization, please contact us immediately at hey@podengine.ai for prompt review and appropriate action, which may include content removal or proper attribution.
By accessing and using this platform, you acknowledge and agree to respect all applicable copyright laws and intellectual property rights of content owners. Any unauthorized reproduction, distribution, or commercial use of the content displayed on this platform is strictly prohibited.