►► AVAILABLE NOW! Limited to the FIRST 100 people, get my brand new online Option Trading course (Intermediate option trading) for $497. Regular price is $997. Here is the link to check it out: mylifeoflearning-randy.mykajabi.com/offers/EgeavtWJ Subscribe to this Channel: ru-vid.com/show-UCeUPN22CHOgoDTZ4QfOjxHw Join my PATREON and get access to my WEEKLY TOP 5 STOCKS, DAILY TRADES & more Awesome Extras: www.patreon.com/mylifeoflearning New Beginnings: The Option Trading Story amzn.to/2OgXx58 Facebook: facebook.com/jamiston.queens.5 Website: mylifeoflearning.com/index.html
Hi Randy! Content is great, thank you for sharing'!. Sometimes I get stuck on your videos as there is a lot of information you say, but the statics info-graphics are not easy to match with what you are saying. May you consider to improve the info-graphics to make it easier to follow along your speech? i.e. if you record the chart would be easier to follow your pointer/mouse as you speak). Hope you receive this suggestion for improvement in a positive way! Thank you again for sharing with all of us!
Thank you for your support! It really means a lot to me. Thank you also for your feedback. I’m somewhat new to the AV arena so I’m always working to get better. I’ll definitely take your suggestion into consideration. I think you might find that in the more recent videos I’ve been doing as you mentioned. Hopefully that’ll make it better for everyone!
Great video ! When rolling the call option do you roll out at the same strike like you do with the puts? Also if you are selling puts against those calls do you sell the puts at the bottom of the gaps? I certainly like to sell puts after gaps are filled.
Thanks for your questions and support Lee! If you're selling puts, I definitely think a good location would be just below the gap. Generally you're going to have some kind of support in that area. As far as rolling the call option, if the option has not gone ITM and it does not look like it will go beyond your strike price, then I'm generally good with rolling at the same strike price. However if the short call option has moved ITM, and I believe that the price will continue to go up, I'm definitely trying to roll it up and out.
Is there a time frame after which an UNfilled gap is more likely than not to remain unfilled? For example, if there was a gap from 3 years ago, does that gap need to fill?
Finally a youtuber that knows what he's doing!! I've been trading options for quite some time and am well versed. All of your videos are great and your explanations are fantastic. Well done.
👍Thanks for being one of the few RU-vidrs who knows his stuff enough to place a wider matirix and perspective on gap-trading -- such as the context of asset type and applicable trends.👍
I think generally the principal still applies because those gaps would most likely also be reflected in the underlying ETF, for example, QQQ. However, there are some nuances when it comes to the 3X levered ETFs that would make them not act exactly like the underlying ETF. So, although I think it's a principle that generally does apply, it wouldn't apply to 100% of the situation's. Also, keep in mind that it could take a very long time for a gap to fill in. And there is always the chance that it would never fill.
Thank you for your comment and support! I totally agree with you, they don't need to be filled. But in mature, solid and stable companies, they generally are.
@@StockandOptionMyLifeOfLearning Thank you. I am watching Microsoft this week and have studied the chart and seems it tends to fill its gaps the majority of the time, so will look to see if it fills that 312.
