

He Earned a Million Dollars Trading This Option Strategy
Aug 18, 2024
Karsten "Big ERN" Jeske, a successful trader earning $80,000 annually, shares his insights on a straightforward SPX options trading strategy. He breaks down maximizing returns with S&P 500 options, likening it to casino dynamics for market liquidity. The discussion also delves into the challenges of one-day option trades, emphasizing timing and risk management. Karsten explains the evolving role of stop orders in trading and reflects on how strategic trading can energize paths to financial independence and early retirement.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 2min
Maximizing Returns with S&P 500 Options
01:39 • 9min
Navigating One-Day Option Trades and Margin Constraints
10:20 • 4min
Navigating 1DTE Options Strategies
14:10 • 11min
The Evolving Strategy of Using Stop Orders in Options Trading
25:17 • 4min
Navigating Options Trading: Strategies and Insights
29:39 • 20min
Exploring Trading Strategies in Early Retirement
50:02 • 2min