SK Investing Show Sam Kling

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What if I told you that you can have the capital appreciation of a growth/value portfolio, and the income of a dividend portfolio? Well with options you can do just that! This is just one of the reasons why I find options fascinating and underutilized by the average long term investor. This video is all about options contracts. What they are, how they change, what they do, and how we can make money trading them. I will describe everything you need to know in order to master the basics of options. I consistently make between $500-$1000 per month selling options on high quality companies with no more risk than just buying shares. And you can too! Watching this video is the first step of learning how to do it! Options are used in order to take a leveraged position in an underlying stock, but the intent behind taking the position isn’t always the same. One option contract could be a bullish position and at the same time a bearish position depending on how you enter the position. In the next series of videos I am going to take a step back and talk about the basic mechanics of options and how anyone can use them to increase their returns in the market. So make sure you are subscribed to the channel to get notified when the next videos come out! I’m trying to get to 1,000 subscribers by the end of the year so I would really appreciate it! Options contracts have 3 basic components: The expiration date, The strike price, and the option premium. The expiration date designates the time period for which the contract is valid. The strike price designates the price in which the underlying shares of the contract are exchanged. The premium is how much the contracts are bought and sold for. In short, when buying options I go for 6 months or longer expirations. When selling options I go for shorter term 30-60day expirations. I will talk about why more in depth in dedicated videos coming up, so make sure you’re subscribed so you don’t miss it! When picking the strike price of an option contract there are important things to know about the moneyness of the contract. Specifically the terms Out of the Money, At the money, and In the money. Both of these concepts of Intrinsic vs Extrinsic value, I will go deeper on in another video, but now we know the basic difference between at the money, in the money, and out of the money contracts. For me when selling options I only sell at the money or out of the money contracts. When buying options (which rarely do) I prefer to purchase in the money options. (options with intrinsic value) -- The final piece of the options contract is the “Option’s Premium”. This is the price we actually buy and sell the contracts for. You can see the current premium for each option contract by looking at the bid and ask columns in the apple example. Let’s say for example I want to purchase an apple call option with the $140 strike price. I would pay somewhere between the bid and ask spread. Likely right about $6.00. Since an option contract represents 100 shares I would actually have to pay $600 because $6.00 per share x 100 = $600. I typically don’t buy options, but as part of my investing strategy I frequently sell options every month to generate income from my portfolio. Describing option selling is a slightly more complex topic because the mechanics of it don’t necessarily have to do with price movement.


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Link to the video: https://youtu.be/MwEU3jm1Klk

Well you’ve come to the right place and I’m going to show you how I’ve taken what I’ve learned from running the wheel strategy over the last year, and upgraded it by slightly tweaking how selling puts is incorporated in the strategy.

Make sure to subscribe to the channel for more videos on options income trading and investing!

For many of you watching this, your first introduction to options was buying lotto tickets (short term calls or puts) trying to pick the direction of a stock and ended up losing money.

Then after losing some money you stumbled across theta gang strategies: the covered call and cash secured put.

And finally the holy grail of theta gang:

The Wheel strategy where you sell cash secured puts to buy the dip -> get assigned shares -> sell covered calls until you get the shares called away -> and finally start over at the beginning by selling cash secured puts

All while collecting that sweet premium for selling options along the way.

If you are unfamiliar with the wheel strategy, then I recommend watching a few of the videos I made on the wheel strategy linked in the video description. And I highly encourage you to ask any questions you have in the comments below because I answer every one of them!

This video is going to show you how I upgraded the wheel strategy to generate more premium and allow me to keep my shares for greater capital appreciation.

Last Video: https://youtu.be/-4n3pisOY2I

Hey thanks for stopping by. Subscribe and stay a while to join me on this investing journey!

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Follow me on twitter: https://twitter.com/SamKling_YT

Contact: skinvestingshow@gmail.com

Investing Blog: https://samkling.medium.com/



Investing for Beginners: https://www.youtube.com/playlist?list=PLfmQ7Exvr_zFM5e6XnWrW-zgNyOkVRoWI

Options Trading Strategies: https://www.youtube.com/playlist?list=PLfmQ7Exvr_zHvO8uEwX5TK8p-KQKoKva2



Wheel Strategy Options

Wheel Options Strategy

Theta Gang

Options Selling

Passive Income


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Watch on Youtube: https://youtu.be/-4n3pisOY2I

Last Video: https://www.youtube.com/watch?v=wnNP6jrua8Q

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Looking to start investing? Check out these signup deals:

1. Webull (get 2 free stocks): https://act.webull.com/e/2n3Y46ZpiHt7/h65/

2. TastyWorks: https://start.tastyworks.com/#/login?referralCode=K8VV67WDCS

3. Robinhood (Get 1 free stock): https://join.robinhood.com/samuelk1695



Follow me on twitter: https://twitter.com/SamKling_YT

Contact: skinvestingshow@gmail.com

Investing Blog: https://samkling.medium.com/



Investing for Beginners: https://www.youtube.com/playlist?list=PLfmQ7Exvr_zFM5e6XnWrW-zgNyOkVRoWI



Let’s talk about the gaming industry and gaming stocks. I think there are a variety of ways that you can tackle investing in the video game industry whether that be through and industry ETF like the Van Eck Vectors Video Gaming and eSports ETF ticker symbol ESPO. I think this is a great option for those who want a more passive approach to investing.



On this channel I like to take an active approach of managing my portfolio by buying both individual stocks, diversified etfs, and also selling options.



While the Video game etf would be an ok option, I think there are better options out there in individual companies. Which brings me to corsair gaming.



Corsair Gaming is a consumer technology company that focuses their products around computer peripherals like mouse, keyboard, headsets, and prebuilt desktop computers. 



Corsair also owns an audio and video equipment company called Elgato Gaming that makes high quality equipment for content creators in the video game and streaming space. 



What I like about Corsair and elgato products is that they are of the highest quality in the gaming and streaming space. Most if not all of their products have extremely high reviews online and are frequents purchased in store. I even use a corsair gaming headset for my day job and I have recommended it to numerous colleagues. 



On top of Corsair having a fantastic product suite and large opportunity to continue growing, I also find their company stock to be trading at a significant discount that I feel is unfair to the company. 



Another great valuation metric I like to look at is the price to sales ratio and corsair is trading at a modest 1.64 compared to other high flyer companies like tesla, square, or shopify all trading above 10 times that!



Even looking at the 6 month chart of corsair we’ve seen quite a kangaroo like environment with the price getting up to as high as $52 per share and now at a discount of right around $30 per share.



Thanks for watching!



Corsair Gaming Stock Analysis

CRSR stock analysis

PE Ratio Explained

Price to Earnings Ratio Explained

How to value a company

How to invest in video game stocks

Corsair stock covered calls

pe ratio in stock market



Disclaimer I am not a financial advisor and this video should not be taken as financial advice. Everything in this video if for entertainment purposes only. Also, some of the links in this description are affiliate links and I may receive kickbacks for using them that help support the channel. These links help me continue to make videos and continue to increase the quality of videos.


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Support this podcast: https://podcasters.spotify.com/pod/show/sam-kling/support

Subscribe: https://subscribe.samkling.com
Last Video Rolling Options: https://youtu.be/uUQrbnVynzs
Investing for Beginners: https://youtube.com/playlist?list=PLfmQ7Exvr_zFxfkBCcj7RbBDP73OOS0B3

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Charts I use: https://charts.samkling.com

This is going to be a slight shift from the typical options strategy videos that I was putting out. But don’t worry options are still near and dear to my heart and I will continue to make those videos too. But I want to also talk about the other parts of my investing strategy which includes my views on Index Fund etfs as well as how I evaluate and invest in individual stocks.

Here’s to me trying to be a net positive for the Youtube investing community. Make sure to subscribe to my channel so you can follow along with this new series!

Now… Let’s get into the dirty details of how this is going to work.

Every month I will deposit $150 into my fidelity brokerage account and purchase a stock, etf, or combination of both. I will be giving my due diligence and research for the purchase as well as other suggestions of possible buys including etfs or index funds.

I will be using Fidelity for my brokerage account because I’ve never used them before and I want to get a better feel for how the major brokerages work. They also have fractional shares, which helps when only investing $150 per month and want to be able to purchase any stock.

With that being said I do have my favorite brokerages:


If you want to follow along with fidelity, be my guest. The best part about them is their customer service and fractional shares capabilities.

If you are a straight beginner and want an easy to use brokerage and sleek mobile application then I like to send people to Robinhood. They also offer fractional shares which is good for people investing in small amounts.

If you are investing with a portfolio larger than $10k OR an IRA I recommend using a larger Broker like Fidelity, TD Ameritrade, and TastyWorks.

If you want a top notch Options trading platform, I cannot recommend TastyWorks enough. I personally use TastyWorks and TD Ameritrade Thinkorswim for my larger personal accounts as you will likely see in future videos.


So you might ask: why $150 per month? That's such a random number and you can’t get rich off of $150 per month!

FALSE

The reason I am picking $150 per month is because I feel it is an easily attainable number for most people to consistently hit every single month.

The other reason is when $150 per month is compounded annually at an average rate of 11% per year will grow into over $1million over the span of 40 years. The idea is that anyone can reach a net worth of $1million at a savings rate of $150 per month.




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How to Roll Options and Save a Losing Trade | Wheel Options Strategies

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Last Weeks Episode: https://youtu.be/yP7aPwlz8SA

The Wheel: https://youtu.be/_uKo-bO35-Y

Covered Call: https://youtu.be/SrBTqAVtqjo

Cash Secured Put: https://youtu.be/yDpMKDZdJe4

Technical Analysis: https://youtu.be/my5xT9jUmaw

Index Fund Investing: https://youtu.be/kq7pYgTrFYs



What’s up team? Welcome back to another video! Today I want to talk about how you can save a losing options trade and even turn it into a winning options trade. This strategy is known as “Rolling”, and there are a variety of ways you can do this. In this video I will dive into my favorite ways to roll options.



If you enjoy my videos please consider subscribing and liking this video! It really helps the channel and gives me motivation to continue making these videos!



Alright let's start out with a basic understanding of what rolling an options position means in the eyes of the Wheel Options Strategy.



Rolling an option contract is a form of risk management when trading the wheel where the trader buys back the short contract and sells short another contract at either a different strike, different expiration, or both.



There are three basic varieties of rolling of which any of them can be used by themselves or in combination with another. Those three are Rolling Up, Rolling Down, or Rolling Out.



Broker I use to trade (Get 1 free stock): https://robinhood.samkling.com

Charts I use: https://charts.samkling.com



I use M1Finance for my long term portfolio:

(get $10 free): https://m1finance.samkling.com



Webull is a solid alternative to robinhood for trading/Options:

(get 2 free stocks): https://webull.samkling.com



Disclaimer I am not a financial advisor and this video should not be taken as financial advice. Everything in this video if for entertainment purposes only. Also, some of the links in this description are affiliate links and I may receive kickbacks for using them that help support the channel. These links help me continue to make videos and continue to increase the quality of videos.



Thanks for watching!



contact: skinvestingshow@gmail.com

Read my articles: https://medium.com/@skinvestingshow

Beat made by Chuki Beats: http://www.youtube.com/user/CHUKImusic



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Subjects I also enjoy: #dividend #investing #trading #IRA #Roth #stocks #stockmarket #coveredcall #calloptions #putoptions #growthinvesting #valueinvesting #personalfinance #ziptrader #sundaystocktalk #sunday #stock #talk #top3stocks #wallstreetbets #cashsecuredput #rollingoptions #rolloptions #options #riskmanagement



https://samkling.medium.com/rolling-options-how-to-save-a-losing-options-trade-wheel-options-strategies-424c0f4999e


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Support this podcast: https://podcasters.spotify.com/pod/show/sam-kling/support

Subscribe: https://subscribe.samkling.com

Last Weeks Episode: https://youtu.be/my5xT9jUmaw

The Wheel: https://youtu.be/_uKo-bO35-Y

Covered Call: https://youtu.be/SrBTqAVtqjo

Cash Covered Put: https://youtu.be/yDpMKDZdJe4

This video: https://youtu.be/yP7aPwlz8SA

#CruiseLineStocks #Options #Trading #thewheel #robinhood #investing



Broker I use to trade (Get 1 free stock): https://robinhood.samkling.com

Charts I use: https://charts.samkling.com



I use M1Finance for my long term portfolio:

(get $10 free): https://m1finance.samkling.com



Webull is a solid alternative to robinhood for trading/Options:

(get 2 free stocks): https://webull.samkling.com



TECH

Last week there were a couple notable Tech Upgrades that I think tell the story of the 2020 stock market. Snapchat and Spotify. Two Apps that are taking full advantage of the new Work From home revolution have just been upgraded by Guggenheim and were trading higher this week. So does this mean that Tech is still the play during all of this market uncertainty? I think so...Buttttt personally I will not be buying SNAP or SPOT after hearing this news, but I will be owning Apple and Dropbox and running the wheel on Micron Technologies. 



ELECTION

The first presidential debate between President Trump and former vice President Biden happened on September 29th, and let’s just say it was interesting.



OPERATION STARLINK

Tesla is already become the beast that is today. With a cult like following of both people that love it and those that love to hate it. But now there is potentially going to be a new Musk stock on the public markets and that is SpaceX’s Starlink satellite internet system. To be honest I had never heard about this SpaceX product until just recently and it sounds pretty cool especially with 5g capabilities right around the corner. 



DISNEY

Recently Disney Plus rolled out GroupWatch, a feature allowing subscribers to watch all shows and movies on the streaming service simultaneously with friends and family from afar, within the US. Up to seven people can sync their screens to watch together across web, mobile, connected TVs and smart TVs, and share emoji reactions in real time. What's cool about this is you can sit at your own home and troll your friends be passive aggressively throwing emojis at them while you watch. Next thing you know, the new movie theater will just be in your living room and you’ll be GroupWatching with your friends instead of having to go pay the high prize of entry at the traditional movie theaters.



CRUISE LINES

Is it time to buy the cruise lines and other recovery stocks? Over the last 6 months the Cruise Line stocks have gotten absolutely demolished. And when I say demolished….I mean like at one point they when from multi billion dollar companies to almost penny stock levels. But after a few months they have been able to recover a bit as investors gain more confidence in the vaccine trials as well as the massive amount of stimulus that has gone into the publicly traded companies.



The question then becomes which cruise line should you pick...or should you just pick all of them? I’ve heard you have to pick Royal Carribean because they have a higher stock price. Or you have to pick Norweigian because they are smaller and have a massive earnings potential. But why is nobody picking Carnival to make it out? 




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