
ETFs my name is David Jaffee I make
around a $1 million dollars a year by
trading stock options. I own BestStockStrategy.com
BestStockStrategy.com I graduated from an Ivy
League university worked for five years
as an investment banker and have
completed around $% billion to $10 billion
dollars worth the transactions. I'm also,
in my opinion, one of the best traders in
the world and my goal is to help you. So
the reality is that you're watching this
video because you want to make money so
I'm going to try to keep things as
simple as possible the one thing that I
want you to guard against is you should
not try to modify and improve upon my
strategy I have very bad OCD I am
maniacal and fanatical about being the
best trader possible and constantly
improving myself if you don't believe
what I tell you then that's completely
okay but I would recommend that you try
if you have to try to modify it you
should set up two accounts and trade
exactly how I tell you to and then try
to improve upon what I tell you and make
modifications to what I tell you you
will find out in every single instance
that the modifications that you make
over the long term are going to hurt
your returns so I'm not trying to be
arrogant I put in the work all right
like I am crazy about improving myself
in trading and the reality is that if
you listen to everything that I tell you
you will become a successful and
profitable trader so how does trade
stock options ETFs and all the other
stuff the reality is that you should
only be trading stock options and you
should only be selling stock options or
all those people who tell you to buy
stock options they are not successful in
profitable traders they don't post their
trading statements they don't post all
of their trades by self by showing you a
screen recording of their fill
transaction history from inside their
account
alright so let's keep things simple you
want to sell naked options and you want
to sell put options put options if you
only sell naked put options then you can
achieve and earn 50% every single year
now if you have a really tiny account
maybe instead of trading negative
instead of trading naked put options
you'll have to trade some vertical
credit spreads that's totally okay
I prefer naked options because it gives
you the maximum amount of premium it's
very easy to roll and manage the
position in the 5% of cases when you're
the stock will actually fall below the
strike price and also it inherently
protects you from being greedy because
it reduces your buying power so you're
not going to trade to many contracts
alright so we're going to trade naked
put options that's how you're gonna make
money in the stock up forget everything
else don't even follow anything else
right someone tells you penny stocks
futures technical analysis screw that
shit it's just gonna waste your time
you're gonna lose money next what you
want to do is you want it you want to
put together a watch list and your watch
list should have a maximum of 10 market
leaders right that have that are very
large companies that have a lot of
liquidity for example Facebook Amazon
Boeing Lockheed Martin Goldman Sachs
um Activision you know you can use like
Activision ttwo even though ttwo is a
lot smaller what else I mean PayPal is
fine I like that you know for a lot ki
you can also look at Raytheon but that's
that's pretty much it you know maybe you
want to add like Visa but really the
more securities that you add, the more
risk that you're taking because I can
tell you that the only ones that I would
100% always have a position in our
Facebook Amazon Boeing and Lockheed
that's pretty much it I would say I have
a position 80% of the time in Goldman in
one of the gaming stocks I have a
position maybe 50% of the time I'd
rarely ever have a position in Visa but
that's pretty much it and I have a
multi-million dollar account so the
reality is that if you have you
you have an account that's 100 million
dollars you can make a shitload of money
by just simply trading Facebook Amazon
Boeing and Lockheed Martin that's it the
best for Security's right there and then
maybe you know for the rest of time
you'll have one position on whether it's
that old man or being stock or PayPal so
what we do is Facebook right now is
trading at around 175 we assess its
trading range over the past one or two
months or you know just let's say like
the past month or so over the past month
has been trading like between $180 and
$170 so we would then wait for Facebook
to fall down to around 172 then we would
sell a naked put option for around one
hundred and fifty eight dollars in
exchange we'll collect around one
hundred one dollar and 20 cents a share
therefore our net amount of premium
receive or rather our net break-even
cost for this will be one six 156 and 80
cents but that doesn't really even come
into factor because you're gonna keep
this dollar 20 per share or $120 per
contract literally like 98% of the time
so your break-even cost really doesn't
matter I don't even like factor that in
when I make a trade I know I don't take
that much risk like all the people who
tell you that trading naked options is
inherently risky I can tell you that
there is never a situation where it's
better to go long on stock than it is to
sell a naked option never so all those
people who tell you that selling and
trading naked options are risky they are
not profitable traders you shouldn't
even listen to them all right let's do
haven't onscreen all over the place
let's do lucky as an example all right
so Lockheed has been trading at around
320 over the past few weeks its trading
range has been 310 and then it's traded
up to around 325 in this situation what
I would do is I would wait for Lockheed
to fall to around 312 then I would sell
a naked put option on Lockheed Martin
with a strike price of around 295 and I
would sell it to make sure that it
expires around 6 weeks in the future in
exchange they would probably pay me
around
around between dollar eighty and 220 all
right so I would sell a strike at
tonight let's say so right now Lockheed
Martin is selling is trading at 320 I
would wait for it to fall to around 312
and I would sell in a good put option
with a strike of 295 that expires six
weeks in the future I would collect
anywhere from 180 to 220 so let's say
like two bucks per contract and that
would pay me - two dollars rather per
share that would then pay me $200 per
contract and this train will be
profitable around 98% of the time all
right
um the only bad thing with now let's do
Amazon as well the only thing with
Amazon is surrounded two thousand
dollars stock so with Amazon I would
actually trade a vertical because I I
want to reduce the buying power
reduction so Amazon right now has been
it's trading at around 2000 it's gone up
a lot so I would actually wait for
Amazon I know that over the past two
weeks has gone up from like 1,800 to
2,000 so to be honest I would wait for
Amazon to fall to like 1850 and then I
would sell a put with a strike price of
around 1650 that expires around six
weeks out and then to reduce the buying
power reduction with the same expiration
I would actually buy a put option with a
strike price of around 1500 all right
that would probably pay me let's say
probably get around three dollars and
fifty cents for this maybe four dollars
and for this I think the pain probably
around dollar seventy-five so I probably
end up getting around the dollar
seventy-five in you know a net premium
for this trade and it would effectively
by selling a vertical it would
effectively turn Amazon into instead of
a sixteen hundred and fifty dollars who
would turn it into a hundred and fifty
dollar stock
I don't like trading verticals but in in
this I was on a situation I would just
because there's so much buying power
that's going to be used up by trading a
naked option like you know when you sell
a position with a $1600 strike price so
again this is how you
money in the stock market it's very
simple wash rinse repeat
don't try to modify it this is how I
make a million dollars a year by trading
stock options you can go to the best
stocks try to keep calm and sign up and
receive four hundred dollars worth of
free training you can also sign up for
the only legitimate real-time trade
alerts all of my students make money and
please like share subscribe leave a
comment I respond to everyone once again
this is David Jaffee from BestStockStrategy.com
BestStockStrategy.com and if you have any questions
I'm here to help you thank you
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