The Option Genius Podcast: Options Trading For Income and Growth

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Today, I wanted to talk about creating a quarantine playbook. Obviously this corona thing has changed things. Everywhere you look, people have been affected, and we've been doing podcast episodes about this for a few weeks. It's on top of everybody's mind. It's what everybody's thinking about. It's affected, everybody. And luckily now we've gotten to the point where everything is ... A lot of things are reopening. Some are already open, some are getting ready to open or they're opening slowly. I'm in Texas, and they opened a couple of weeks ago. I think gyms are open this week. Restaurants are at 50% capacity. Doctors are open. They're taking patients and everything. So, things are trying to get back to normal, but there are still a lot of people who think that things will never get back to normal. We really don't know what's going to happen. Nobody knows. Everybody's trying to predict. Hopefully there's a vaccine or not or what, but it has really thrown everybody for a loop. We had a mandated recession, right? Bear market, 35% drop because of this virus. You already know this. You're probably watching the news. You've been listening to me, trading this market. And it's been difficult because it's something that has never been done before. We've never seen it before. Right? But the numbers are going down right now. Depending on what state you are, fatalities are going down. I know in Texas, we're in Texas, the numbers are actually going up. Numbers of how many people sick with the virus are actually going up because now they're testing more people, but they're still opening it up. Hopefully the deaths will continue to go down. People who are sick or the virus will continue to go down. But the experts say that when everything opens up again completely, the virus can come back. If it doesn't come back now, in a month from now or two months from now, it can come back when flu season starts, at the end of the year. September, October, whenever it starts getting a little cooler, flu season is going to come, and they're saying that corona is going to come with it. So are we going to have to start shutting down in a couple of weeks if cases go back up? That's what some of the governors have said. Even in Texas, pure Republican, they are saying that if the numbers get out of hand, they're going to start shutting down again. If it comes back with a vengeance in September, maybe they have to shut down again over then. So we need to be prepared. Even if this virus is eradicated, maybe a vaccine comes out tomorrow and we don't have to worry about corona ever. Well, that's not true, because it's going to take a while to get everybody vaccinated. And there's still going to be those people who do not want to be vaccinated and refuse to be vaccinated. So we'll still see about that. But this is one virus which can easily mutate. There can be other viruses, other pandemics, and as the world is getting closer and travel is getting faster, it's just going to increase. So if there's a virus, if there's an illness, there's still Ebola out there, SARS is still out there, Zika is still out there, H1N1 is still out there. All these diseases are still out there. They have no cures for them. They can easily transfer to us in the United States, or maybe there's a virus that starts here and goes over there, what goes across the pond? Who knows? As investors, as traders, we need to be prepared. Even as individuals, we need to be prepared if a quarantine happens again. So I want to do a little mind experiment with you. Knowing what you know now, if you could go back in time or if you could send a letter to yourself or a video or whatever to yourself, 30 days before the quarantine hit, what would you tell yourself? Make a playbook. Now, this podcast is about finances and investments. So I'm going to stay and say, Hey, yeah, let's make an investment playbook, a trading playbook for quarantine. Now you could obviously add other things to it. I mean, what would you have done differently? Stocked up more on toilet paper? I don't know. A lot of people would have in advance. Buy more beef jerky, maybe? I don't know, but when it comes to finances, we had a steep bear market. Market has dropped like 30% in two weeks. And then we had a rally off the bottom. And now we're kind of in no man's land. We're at 50% retracement from the bottom and the top, and now nobody knows what's going to happen in the market. But there are certain stocks that are doing really well. Certain stocks are hitting all time highs. Certain stocks are at all time lows, and they're probably going out of business. They're going bankrupt. So when the quarantine hits again, whether it's corona, COVID-19, or something else, if you take some time and create a playbook of what to do, you will be prepared for when this happens again. It might be in two or three weeks, it might be close to the end of the year, it might be next year, it might be another virus. I don't know. The only way we learn is by looking at history and then learning from it. That's how we learn from our mistakes. And this is not necessarily a mistake, but we're learning from history. First time, we didn't know what to do. If it happens again and we don't know how to take advantage of it, well, that's on us. That's our fault. You know, they say, "You fool me once, shame on you. Fool me twice, shame on me," because I should have known it was coming. And we know that most likely it is coming. So, prepare yourself. If you need more cash, if you need to take out a loan, you have that money ready, whatever you need to do, have a playbook. What are some of the things that could be on your playbook? Well, get ready to short, because the market is going to drop. But not everything's going to drop. What are you going to invest in? When are you going to invest? If you have no money sitting on the sideline, then you won't be able to take advantage. If you're a hundred percent invested, then when it drops, you're going to have a big loss, and then when it recovers, you won't have enough money to put back in. So that's why, when we're doing passive trading, we're selling options, but we're keeping money on the side. So if there is a drop in the market and our favorite stocks lose, then we can go ahead and start buying them. What strategies are you going to be using? In a bear market something like an [iron condor 00:06:34] was not going to work. The market volatility shoots up sky high, butterflies, calendars, all these non-directional trades will not work because there's just too much volatility. So this is something you need to think about in advance, something you need to be aware of. Now we've already been through it to some degree. We can say it's not over yet, but we've been through the worst in this cycle. If there's another cycle, you should know what to do and be prepared. That's what I want you to do. That's what I want to focus on in this episode. That's what I'm talking about is having you sit down and take a look at what really happened. What hurt you and how can you protect yourself? There are some of you who are looking and thinking about it, and they're like, "Man, I lost my job." There are a lot of people, 40 million people, who lost their job. Hopefully a bunch of them will get their jobs back, but a lot of them will not get their jobs back. Well, if we have another virus in six months, another quarantine, you're going to lose your job again if you don't do anything about it. So if you're not investing, if you're not passive trading, if you're not doing anything with options, then you need to learn now so that you can do it when you're stuck at home. Because right now, yes, the government is printing as much money as they can. Yes, they're sending everybody checks. They might send everybody more checks, but they can't keep doing that forever. Eventually they're going to stop and you need to take care of yourself. What if you had a nice cushy job, but now you have to work from home, and working from home also means that your kids are home, and so you're not getting anything done? Or maybe you're a freelancer and you get paid by the hour, but you can't get stuff done because you got to take care of your kid. Well, maybe you need another source of income. So when I'm talking to people, traders, I'm hearing two different stories. The one story that I'm hearing is that, "Man, I don't know what's going on. Everything is so crazy. I don't know what to do. I don't want to trade right now because it's so up in the air. I don't know if I should buy stocks. They might go back down. I don't know if I should sell everything, because it might keep going up. I don't know what to do." On the other side, I'm hearing that "Man, I need to take full responsibility and I need to take control. I gave away my power. I need to grab my power back. I need to be in control of my life. And I'm going to do that by trading. I'm going to learn how to trade and I'm going to learn how to take control of my finances. I'm going to get my house in order, because I was on risky sand, I was on quicksand. And I didn't know it, but now because of the virus, I'm sinking, and I need to fix it." Those people are taking action, and they are joining courses, and they are asking questions, and they are listening to podcasts, and they are learning, and they're practicing, and they're doing it so that when things do normalize, they can jump in full steam and say, "Yep, here we go. I'm going to practice what I learned and I'm going to get better, so that the next time this happens, it doesn't blindside me." That's the last thing I want, for you to be blindsided, because we know that this thing is not gone. It might be coming back. We don't know when, but it's here. And there are some experts who were saying it's going to be here for years. Some people are saying it's going to be her at least till the end of this year. Some people are seeing is going to be here till at least the end of 2021. Nobody knows for sure. But the only thing everybody agrees on is it's not gone, because there are still new cases every day. And this is just one of the viruses that are out there. In the beginning of the pandemic, if you went to the store, and I saw videos of people going to the store and looking at cans of Lysol and disinfectant, and on the back of those cans, it says that it helps with coronavirus. It actually says that on the can, if you look on a disinfecting can, it says on the back that it helps with coronavirus. And people are like, "Ah, see, this is all fake, because these cans were made before the virus hit. These cans were on the shelves. They were selling these cans before the virus hit. It's all fake. It's all a big ploy to sell more disinfecting and all this stuff." The truth is that this virus that we're dealing with right now is just one virus in the whole coronavirus family. It's not called coronavirus. This one is called COVID-19, but there are many other viruses in the world that all fall under the category of being a coronavirus. So calling this as a coronavirus is incorrectly labeling it. That's not the name of it, coronavirus. There are many of the viruses that fall under that category. And so that's why these Lysol cans had it on there that, hey, this works for coronavirus, because there's not just one. So now there's not just one, we're just dealing with one is causing so many problems. What if another one hits, or two hit at the same time? This is a wake up call. Not only that, but they say that this virus is hitting more and it's hurting more people because of the way the environment is. I don't know how much I should go into that one, but it is true that these natural disasters that we're having more and more common are now hurting people who are actually sick. So, that's a whole different story. But what I want to talk about is the playbook. Go back in time. Take a look at what happened. What are the things that you would have done to protect yourself? What are the things you would have done to capitalize on this? Because there are people, I was talking to somebody just the other day, he said it's a friend of his, and he has a factory in China where they make those little wristbands. You've probably seen them. They're rubber. They give them out as freebies, but they come in different colors and they're on your wrist. The Livestrong used to have them in yellow. They all come in different colors for branding and whatnot. So this fellow has a factory in China that makes these things. Well, when this whole thing hit, they switched the factory from making these wristbands into making masks and some other personal protection equipment. And supposedly what this guy told me was that their factory made $15 million by switching over and selling this stuff. So there are people out there that did take advantage. There are people that got rich, very, very rich. There are still people that are taking advantage. And if you did not take advantage, then you need to be prepared for the next time. I've been talking about in our Facebook group about some of the stuff that I was doing, and I made a list of some of the companies that I wanted to buy as they were dropping. So when the bear market was going on, I started making a list and this was probably, I already have a list of companies that I want to own, but because of the difference in what happened here, not all companies fell or dropped at the same rate. Restaurants really got hit. You know this. Airlines got hit. Cruise lines got hit. A lot of other companies got hit. And I had to make a completely new list of stocks that I wanted to buy, not for the long term, but just for a short bounce, because I thought the bear market was overdone. So when they stopped dropping, that's when I started buying. Now, I found some good companies that I think I am going to keep for a long time, but just about every company that I bought, every stock that I bought, is up. They're up at least 20 to 30%, all of them. Some of them have more than doubled in less than a month. So, I took a gamble. A lot of these companies, they could have gone bankrupt, which is true, but I put a little bit of money in each one, diversified my bets, and now I'm back to being more positive. So even though the stock market has not recovered, my accounts are back to where they were before the bear market. So yes, there is always a way to take advantage. Because I remember in the financial crisis, I freaked out and I sold. I sold a lot of stocks, as they were going down, they were going up. I was trying to trade it back and forth. And I lost my shirt. I lost a lot of money. This time, hindsight, experience, call it whatever you want, I didn't sell anything. Instead, I had money sitting on the sideline and I started buying. And I started buying stuff that I wouldn't buy normally. I bought some insurance companies. I bought Shopify. That one was not a stock that I even had on my radar, but it showed up on when I was looking around. And now that stock is doing super great. So, have a playbook of what to do if this happens again. This is not the only playbook that you might want to put together. You can make a playbook for anything in the economy, because in the economy, we have cycles and things happen over and over again. They might not happen to ever quarter or every year, but every four or five years, it can happen again. So if you can make your playbooks in advance, maybe you can have a playbook when inflation hits, you can have a playbook for when oil is super high and super expensive, or when it's super low and super cheap, or when interest rates are high or when interest rates are low, when there's a presidential election. You can have playbooks for all these different avenues so that when this event occurs, you pull out your playbook, you look at what happened in the past, you look at what worked and then you go to work. And he's actually really that simple. You can actually do this because you've just been through it. So, that's it for this episode, guys. Remember, trade with the odds in your favor and be safe. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- I am willing to bet that you did not know that retirement as we know it today is a pretty new concept. And by pretty new I mean about 60 years old? And if you are like me, you probably never even thought about it. See in the past, most people lived on farms or in little villages and you worked the land or did your craft. Basically you kept working until you died. That started to change in Germany in 1883. That is when the Chancellor Otto von Bismark first came up with a plan to give a government supplied income to those who were disabled from work by age and invalidity. And after much political fighting they passed a law to create a retirement system for citizens over the age of 65. Life expectancy was way lower than 65 at the time. In the US it was not until 1935 that FDR created the Social Security Act that gave benefits to workers over the age of 65. Life expectancy was around 58 at the time. So again, very few were expected to collect from social security. But by 1960, life expectancy jumped up to almost 70 years. That is when the first lucky ones were able to actually live long enough to stop working and collect retirement benefits. That is when leisure became a pursuit. That’s when retirement communities became a thing and gold became available to the masses. So it has only been a few short decades that Americans have looked forward to a rewarding life of fun after a life spent working. Currently the SS administration estimates that there are about 47 million retired people in the country. But how are those people doing? Not too well. The #1 fear of those over 50 years of age is running out of money in retirement while at the same time, More than half of all American families have less than $4,000 set aside for retirement. Thanks to advances in science and healthcare, life expectancy continues to advance. I myself am planning to live to at least 100. But that is a problem that is getting worse. Most retirees expect Social security to be there. But the average retiree only get about $14,000 a year from SS. That’s living below the poverty line. The SS fund is in series trouble and unless the government fixes it soon, the administration might have to cut payments to beneficiaries. Those that expect to keep working past 65 and often unable to do so.   Why? 3 main reasons. Poor health. This is the primary reason for workers retiring early. No jobs. Age discrimination is a thing. And companies would prefer to hire younger, cheaper employees than older ones. Family issues. You might end up having to care for a loved one, like a spouse, child or grandchild.   But again it wasn’t always this way. Families used to take care of their own. But thanks to the industrial revolution that went away. To keep workers happy, companies started pension plans. The idea was that you work for one company, stay loyal, and they will take care of you in your old age. It worked great, until companies decided that they would rather not do that anymore. So new laws and regulations were passed. Retirement plans like IRA and 401ks were created. And the age of Wall Street was born. Now it’s not the family’s job to take care of the elderly. It’s not the company’s job and the government is not up to the challenge. So we are told to rely on Wall Street and our friendly financial planner. Except that he isn’t so friendly like we discussed in episode 71. So what do we do? Is there anyone we can trust? In a word, yes. You trust yourself. You take responsibility and you invest the time to educate yourself. You manage your own money and use Wall Street’s tools to do so. But don’t get suckered by their marketing and psychological tricks. I am so happy to be able to take the Passive Trading philosophy and methodology and put it in book form to take it to the masses. The Great American Retirement Experiment has failed us. Time to put the odds in our favor. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- A new rule by the SEC comes out next month. It’s called the Regulation Best Interest Rules and it is supposed to help reduce confusion about professionals who help manage peoples’ finances. The rule goes into effect in June. Currently anyone can call themselves an advisor. Under the new rule only fiduciaries can do so. A fiduciary is someone who is required by law to act in a client’s best interests. Currently most advisors work in their own best interest and stick their clients with products that are best for the advisor and the company he works for. Meaning the products with the highest fees and commissions. So if you are using a company to help you with your assets, whether it is a large bank or part of a stock broker, than you are NOT using a fiduciary. Companies like Ameriprise and Edward jones are not fiduciaries. Their agents are looking out for themselves first, second, and third. And you are probably getting screwed. In my upcoming book, I included a chapter about just how planners and advisors have been screwing over their clients, but I didn’t have room to go into all the details so I decided to include a free bonus with the book that goes much deeper and what I uncovered which doing research was shocking. As far as this new rule goes, the one thing it changes is who gets to call themselves an advisor. Big deal. The ones that are not fiduciaries will simple change what they call themselves. Many already get certified as financial planners. Or they call themselves financial consultants, or chartered wealth advisors, or retirement consultants, or wealth managers. It is just semantics. A play on words to trick the public and this rule will do nothing to help with the confusion. And if that wasn’t enough, there are many companies that are registered as fiduciaries and as brokers. And so all the people that work at the companies can call themselves advisors regardless of if they are looking out in the best interest of the client or not. According to the SEC, there are 359 of these dually registered brokerage firms which hold more than 90 million accounts. That is a lot of people getting screwed. So how do you protect yourself? Easy. Learn to manage your own investments. Use index funds and low cost providers like Vanguard and TRowe Price. Or just use index ETFs like SPY and IWM and QQQ. But more than that, learn to sell options on the positions you have and you will never need to be dependent on an advisor or wealth consultant ever again. Passive Trading is the path to freedom. As I have said on many occasions, no one care about your money more than you do. You work hard for it. Don’t just turn it over to someone who is only looking out for themselves. There is a reason most financial planners are broke…if what they preached worked wouldn’t they all be retired? You know the answer and Passive Trading is the path…are you ready to proceed? Check out the free training at passivetrading.com And always trade with the odds In your favor! https://www.sec.gov/rules/final/2019/34-86031.pdf -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- My fellow passive traders, I hope you are doing well. This coronavirus really has everyone on edge, and it's been about a couple months since this thing really took hold in the U.S., and we've been sitting at home for a while now. The arguments, the protests and the discussions are getting very heated about whether we should stay at home or whether we should start opening up the economy again. Either way, it's not up to me, so let me just talk about the stock market, something that I know a little bit about. This market is not like your typical market, of course you know that. Volatility's through the roof, but we don't even know if we're in a recession, if this is going to lead to a depression, this has never happened before. We keep hearing that, over and over again, from the financial media, from the government, "Something like this has never happened before, never happened before." Yeah, but we still have to trade it. We still have to survive through it, right? We can't just sit on our hands the whole time. I have been getting back into the market for a little bit, I wasn't doing anything, I was just watching and waiting and learning and seeing what was happening. But eventually, you got to get back in. But right now, I'm seeing other folks try to get in the wrong way, and that's what I want to do this episode, specifically. I do not believe that this is a market to be trading options on indexes. Normally, that's what we prefer, we want to trade the S&P 500, we want to trade the Dow Jones and NASDAQ because those are safer. There's less risk when you have an average, when you have multiple companies, so in case some companies do well, other ones will do bad, so you don't get blindsided by one. But in this situation, the average is down. Most companies are not doing well, most companies, business is down, revenue is down, a lot of companies are on the verge of bankruptcy, but not all. There are companies that are doing well, there are companies that their stocks are making all-time highs, and there's a lot more that are making 52-week highs, meaning new yearly highs. So those are the ones that we should be looking at, those are the ones that should be trading, not companies ... I mean, you can buy stocks in a company that might be going out of business. I have done that in the past, and I might talk about that in a future episode, but I have taken, well, let me just say it here: I've taken about $20,000, and I picked 20 companies that really got hit by the virus really, really badly, and I put $1,000 in each one, buying their stock. Now, do I expect all of them to survive and make money. No, I think a bunch of them are going to go out of business. But some of them should recover, most of them. I hope they'll recover and do well. So I'm not looking on this particular instance to make 100%, I'm looking to make four, five, 6,000%, because these are very risks stocks. What I mean by that are companies that might go out of business tomorrow, but there are other companies that might not go out of business, but they're going to need a bailout. And who knows what that's going to look like? We're talking about the cruise lines, we're talking about the travel agents or the airlines themselves. These companies are hurting right now because they're all shut down, the hotels. But then there are still other companies that are doing really well, and those are the ones I'm trading options on. I'm not buying options on the loser companies, I'm buying their stocks, because I don't know how long it's going to take for them to turn around, if they turn around. I don't want to have an expiration date. I put $1,000 in each of these companies, I could easily have bought options for $1,000. But then those options would have, and they would have an expiration. I don't want that, because I don't know how long these companies are going to need to turn around. Some of them are financials, they're banks. It might be three, four, five years. That's why I would rather own the stocks. But I'm not trading options on these suckers, and I'm not trading options on the indexes right now, because the indexes are made up mostly of companies that are not doing well. So we have these crazy news days where the market's down 2%, then the next day the market's up 3%. Then it's down 5%. Then it's up 3%. You can easily get whip-sawed in this market, in such a high volatility market that our normal non-directional trades, like Iron Condors and Butterflies are not working either. So what do you do? Well, this is not the time for diversification, it's the time for focus. So what I would like you to do is to check your watch list, find the companies that are doing well, find the companies that are making new highs, and stick to those only. Really tone down your list and say, you know what, I can't do all of them, I can't trade all of these. Even if it was great in the past, I can't trade it right now. One of my favorites is Starbucks: I don't think they're going out of business, it's a good company, but they're not making new highs, they're not doing, who knows how long it's going to take for them to ramp back up and get back to normal? So I'm not doing spreads on Starbucks. If you don't have enough names on your watch list, companies that are doing well on your watch list, if you can't find any, the place to find them right now are on the 52-week high charts. Basically, these are a listing that comes out every day of the companies that are making new yearly highs, 52-week highs. So if you're on thinkorswim, you can go over to the marketplace, market watch tab, and then search for new yearly highs. If you're on Yahoo! Finance or Barchart, you can do the same thing. FINVIZ, they have it. All these free sites, they have the list every day, and you go through them. Most of them are going to be garbage, you're not going to be able to trade them. Some of them might not even have options. Some of them may be so small, you don't want to. But you might find some gems in there that you didn't know about. Like Papa John's pizza, Wingstop, Amazon, Shopify, Domino's Pizza, and even Johnson & Johnson. Clorox has been doing amazingly well. Johnson & Johnson is on my buy list, I've been wanting to buy the stock, it didn't go down, otherwise I couldn't buy it, but Johnson & Johnson is one that I've been selling puts on because I want to buy it. I'm hoping it goes down so I can buy some shares. But I've been selling naked puts on this stock and it's doing great. So I want you to stay with strength. Right now, the big takeaway from this episode is, let's stay away from the indexes for now, let's focus on the stocks that are doing well and trade those. This is not the time to be diversified, because all stocks are not doing well. Find the ones that are, and then when things return to normal, then yeah, you can go back to the indexes. For right now, let's stay away from the indexes and focus on the stocks that are doing well that are strong, that have good balance sheets, that have good cash, have decent revenues, and that are not going out of business, okay? One final thing is that, stay away from companies that have exorbitantly high premium, meaning that you're doing a covered call on a stock, and it's paying you 8% or 12% for a month. There's something wrong with that picture, there's something wrong with that stock. There's a good chance it's going to tank, there's a good chance it could go out of business. So if you're doing trades and the premium is way, way high ... now normally, if you're doing, let's say, covered calls, and you make 2%, now you can make more. You can make 3%, 4%. But if you're making 8%, 12%, three or four times what you should normally be making, you're taking too much risk. So don't get greedy, and stay away from those type of stocks. Stay away from that type of risk, because yeah, you might make it on some of them, but you get one loser and it's going to wipe out everything. And you're going to cry. So keep yourself from crying, keep yourself from taking that big loss, right? Stay away from the options that are overly priced in premium, because these companies could collapse tomorrow. One of the traders in our passive trading group mentioned that he's selling options on Macy's. That scared the heck out of me, because they're not doing well. They might go out of business tomorrow if they can't raise enough money, if they can't borrow enough money to survive. And that would be sad, it's a great company, it's been around for a while, I love shopping there. But if they go out of business, he's going to cry. And luckily, I was able to tell him, like, "Hey, man, you need to get out of this one." But there are others out there, too, that people are trading, like Bed Bath & Beyond. Recently, there were so many people, with oil dropping, who were trading the USO. And they learned the hard way that the USO is not the same thing as oil, it's just a different, the USO is not something you want to own as an individual investor over the long term, anyway. But selling options on it, people got crushed. So things that are going to zero, stay away from, things that are giving you too much premium, stay away from. Indexes, stay away from right now, focus on strength, focus on what's working, focus on what's staying in business. All right, folks? Take care, talk to you next time. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- This is going to sound a little harsh, but you cannot afford to be poor. Makes a lot of sense, no, I don't know. You cannot afford to be poor. Maybe it's a little bit controversial and I don't mean to offend you but I want to wake you up. This is what this episode is about. Wake up. If you are not wealthy, if you are not rich, it is time to get your butt in gear and by rich I don't mean you have a huge house and you drive a Ferrari. I don't care what you drive, I don't care where you live but I'm talking about being able to survive financially, especially if your income or your main source of income or your job is taken away for a couple of months at a time. Now as I record this, we are still in the midst of this corona pandemic. Over 45,000 Americans have died, they've lost their lives and over 30 million people are unemployed. They think it might get up to 50 million or 60 million by the time this thing is all said and done. Craziest numbers in history, ever. People have been forced to stay home for a couple months now and things are getting bad economically, financially and it's starting at the bottom and it's trickling up, right? It's starting with the guy who was living paycheck to paycheck but now he doesn't have a paycheck. It's starting with the person who is working at a Dollar General for minimum wage and is now classified as an essential worker so the store can stay open but then gets sick and can't work anymore then goes home. It's for the person whose daycare has closed because of the pandemic. And so, she cannot go to work anymore because she has to stay home and take care of her kids or school is canceled, school is canceled everywhere. So what are these parents doing? They can't work, right? Whether you're a minimum wage worker or whether you're a highly paid professional, everybody's in the same boat. People can't pay rent and the government says that they can't be evicted, right? And the courts are closed, so you couldn't even try to evict them if you wanted to but that's causing people to miss on their mortgage payments. Now mortgages are not being paid, so foreclosures are definitely going to go up. These big banks are not collecting their mortgages and they're stuck, so they're going to start defaulting on their loans. That means insurance companies are going to have issues because insurance companies are the ones that buy the loans from the mortgage companies. The government is going to have to bail those people out and it's just moving up and up and up the chain. Savings are being depleted. People are sitting at home if they have any savings, it's going down, most people don't even have it. Less than half the people in this country have less than $1,000 in their bank account. It's ridiculous. It's crazy, it's scary. I mean, heaven forbid you get sick. Heaven forbid you have to go to the doctor or the emergency room right now for the virus or anything else. Meanwhile, the government is printing more money than ever before. They had people come on the TV and be like, "Oh, don't worry, we're just going to print money. That's our mandate. We're just going to print and print and print and print. We're not going to let anybody fail." I was like, "Holy cow, how can they have that type of mentality? How can they say that? That they're just going to keep printing and printing and printing more money. More than ever before in history." But in the meantime, the Small Business Loan Program that they were talking about in Congress, oh, yeah, we're going to save all the small businesses and keep people from getting laid off. No, you didn't do anything. That money ran out in two weeks. People are still getting laid off left and right, everywhere I look. The impact is being felt everywhere. I mean my personal trainer, last time I saw him, he had tears in his eyes the last time I talked to him because the gym was closed where he works, people are canceling. He has no income, people are afraid to have him come to their house because he doesn't have any of the equipment anyway. He doesn't know what he's going to do. Contrast that to the wealthy, to the rich. They are enjoying this quarantine. They're spending time at home with their families. Sure, they're going to suffer as well financially. Well, obviously, right? Stock market is down, oil is down, business is down, revenues are down everywhere but the rich have a strong enough foundation that they know they will survive this and the rich are not going around thinking, "Oh my God, what am I going to do? Oh my God, what am I going to do?" The rich are thinking, "Hm, how can I take advantage of this situation? What can I do right now to make more money when this is done? What stocks should I invest in right now that's going to turn around? What can I do to make myself stronger in the future? There are a lot of businesses going out of business, maybe I could buy one of them. Maybe I can loan them money. The government's not loaning any money, maybe I can loan them money," right? If this pandemic is freaking you out and you feel that you have to get back to work then I need you to make a change in your life. Please stop continuing on the road that you were on before all this happened. Fix it. Have savings, have investments, have multiple fingers so that you are not dependent on just one source of income. Let this be a wake up call for you, okay? Now I hope this virus goes away soon and things get back to normal but as soon as it does, don't go back to the same thing, don't go back to the same grind. Use this time to do something else, to make yourself more educated or stronger or better skilled. Find another way to do what you need to do and no matter when you are listening to this, okay? It doesn't matter if the virus is done and you're listening to this like two, three years in the future, it doesn't matter. If you were to be stuck at home or without your main income for two months, what would happen to you? Best question, could you survive with no income for two months? If no, then you're poor. Harsh but true. Living paycheck to paycheck is poor in my book, no matter how large the paycheck, right? If you're making $10,000 a month and you're spending $10,000 a month, you're still poor, so please make a change. And even before the virus, okay, this is super, super important because almost every week I get at least one email from somebody who was working a very good corporate job, making a lot of money, getting on in years and then laid off and now they're stuck and now they're trying to find a way after they get stuck. After you lose your income is not the time to find a new source of income. You need to line them up before that happens, before the ball drops, before the door slams in your face, okay? Yes, I know. When God closes the door, he opens a window. I get that but you got to know where the window is before the door slams in your face, okay? It's not good enough to let the door slam and then go searching in the dark looking for the window. You got to know where the window is first, so that when it opens you can jump through it. If you need ideas, listen to the other episodes of this podcast or email us and we'll do our best to guide you but please make a change. Let this be a wake up call. Let this be a sign that, hey, you know what? If things are financially tough for you right now, then you need to make a change. You need to do something different and you have the ability to do so. The knowledge is there, the ability is within you. It's up to you to take this first step. Now, luckily I've been working on my Passive Trading book and hoping we'll release it very soon or maybe by the time you hear this it'll already be out. If you don't have or know the first step, that's the first step, read that book. Passive Trading, that's what it's going to be called. If you don't know about it, email us and we'll get you a link to it, okay? But Passive Trading, that's where it starts, that's where it has changed for me. That's why I am not freaked out by this mess. Yes, I know business is down for me as well but I have other sources of income and so, even though all of them are down, we're still fine. We're still surviving. I didn't worry about not getting a $1,200 stimulus check. I didn't even qualify. It's okay, no worries. I didn't go nuts that I didn't get this PPL loan for small businesses. We cut back on our expenses but we're fine. We're still going to survive and when this is done we're going to take off again. So if you plan ahead of time before the problem occurs, you can get through it smoothly. But again, if you're facing financial difficulties right now or if you could not survive, if you lose your income for a couple of months, you need to do something different, you need to make a change. And I hope this serves as a wake up call. I hope that you didn't get sick, I hope that nobody in your family suffered but I hope that this virus or pandemic or whatever is done soon but that it served its purpose in showing you how on thin ice you are. And it showed me that although I'm not on thin ice, I could be a little stronger too. I could have things better off as well and so, I'm redoubling my efforts as well. So don't think that this is a wake up call just for the people who are working a minimum wage job, this is for everybody, this wake up call. So please wake up because the opportunities out there, it's not as hard as you think, all right? If you don't know anything about passive trading or options trading, get educated, start doing it and you'll see what I'm talking about, all right? Hope you're all well, trade with the odds in your favor. Talk to you soon. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- This is a short little episode that can make you a ton of money if you do the work. What I'm talking about I call trading triggers. A trigger is, something happens which results in something else. Basically cause and effect. Right? For example, if I lay down in my bed, I will fall asleep. Cause and effect. If I eat McDonald's every day, I will get fat. Right? Cause and effect. It's pretty normal. It doesn't necessarily mean it's going to happen every time, but it happens most of the time. There are lots of things in economics that are cause and effect related, such as supply and demand. Right? If there's too much supply, prices will go down. Too much demand, prices will go up. That's cause and effect. Trading triggers are events that happen in real life that we can capitalize from, because these events happen over and over again, and the reaction of the markets is usually the same. For example, I'll give you a trigger that I have noticed works almost every time. That is, whenever there is a hurricane, and of course hurricanes happen often, not every day, but they do happen often, the price of wood or lumber will go up. Because if there's a hurricane and there's destruction, they're going to need a lot more lumber than anticipated, so that's going to increase the demand, and the supply stays the same, so that's going to raise the prices of lumber. So many times in the past when I have seen a hurricane that is going to be doing some damage, I've gone into the futures markets and bought either lumber or lumber options, call options, betting that the price of lumber will go up. Hasn't always happened. Maybe there wasn't enough destruction, or it was already anticipated and priced in, but many times I have made a pretty penny. Now, I can't make a living trading this one particular trigger because there aren't that many hurricanes. Thank God there's not that many, destruction in the world. But there are many other triggers that happen over and over again that we can do some research on, identify, and then figure out what is the likeliest situation that's going to happen based on what's happened in the past. Right? Some triggers could be, what happens when the Fed lowers interest rates? That's happened many times in the past. There's a history there. We can do the research and figure out what happens. What stocks do best? What stocks get hurt? How can we make money off of this particular trigger? What happens in a bear market? Right? We don't get them that often, but when we do people know, bear market, it's a good time to buy. That's a great trigger right there. Stocks are down. Buy more shares. Now, that's the opposite of what most people do. Most people are selling into a bear market because they're afraid. But any guru will tell you that you should be buying when there's fear in the streets, right, or blood in the streets. Fear in their eyes, or whatever. I don't know. Whatever the saying is. But when people are scared, that's when you should be buying, because that's when it's cheap. What are the other triggers that you can identify, and maybe there are triggers that you know that nobody else knows. It might be related to your industry. It might be something that you have noticed, or you have experienced in the past. Identify some of these triggers. Do the research. What happens most of the time when this trigger occurs, and figure out a way, based on what happens, figure out a way. How do you make money off of that? I've shared mine with you about the lumber. Feel free to use that, and if you identify some, I would love it if you would share them with me. Right? If you notice something ... This is one of the reasons why I say that you need to have a watch list and you need to focus on the companies on your watch list, and trade, the majority of your trades should be on the companies in your watch list because you're going to develop a sixth sense, and you're going to start seeing triggers based on that company. If they have, for example, earnings announcement and they don't do so well, you're going to know how the stock is supposed to behave because that happens every quarter. Right? You'll see that happening. You'll know how the stock is supposed to behave. If it doesn't behave the way it's supposed to, then maybe the trigger's broken, and you need to get out of that stock, or the stock is broken. That's one of the reasons why I tell you, make sure you have a watch list. It's very important. Please do not be out there trading every single stock in the universe. Okay? But what are the other triggers out there? Find them. Identify them. See what happens. See what the result is, what the effect is when that trigger happens. Some other examples of triggers could be ... We already talked about natural disasters. We already talked about bear markets. We already talked about the Federal Reserve and interest rates. It could be related to seasonality. Some people say there is seasonality in the stock market, so seasonality with oil. Every year in the summertime people are driving more, so gas prices go up. That's one type of trading trigger that you could be trading. That's a very common one that people know about. But that's an example of what you could take advantage of. So if you're in the oil markets, you probably know this, know more details about it than the average person. If you're in the furniture business, maybe you know some trading triggers that are related to furniture that nobody else knows. Maybe you are in the medical business, and you see an uptick in, or you've noticed that there is a shortage of cotton swabs. I don't know what that could mean. I'm not in the medical field, but if that happens, maybe you could do a little research and say, "Okay. Why is that happening? What's the effect?" Maybe that means that people are getting sick. Maybe the shortage of cotton swabs is the effect and the cause is that more people are getting sick, or there is a particular disease that they're getting sick with. Kind of like the COVID-19, the coronavirus. Right? A lot of people getting coronaviruses. What's going to happen? Well, we're going to need more face masks. We're going to need more ventilators. Okay, so who's the company that makes the ventilators? Let's buy their stock. 3M is the company that makes the face masks. Let's buy their stock. Right? Procter & Gamble makes Charmin toilet paper. Let's buy their stock. Coronavirus definitely was a trigger. Based on that, it impacted the economy in several different ways. We've all lived through that. We've all seen it happen. Heaven forbid there is another virus, there is another outbreak of corona, or a different type of corona. You can be ready to capitalize on this. Now, please don't send me hate mail telling me that I'm profiting off of other people's illnesses, and disasters, and all this stuff. These things are going to happen anyway. I'm not praying for them to happen. I don't want them to happen. But if they are happening, as investors and traders, our job is to make money from what happens in the world, good or bad. That's what I'm trying to educate you on. So identify as many of these trading triggers as you can. Have them on a list. Make a list. Keep it by your desk. Whenever you see one trigger going off, what's going to happen? What and how do we profit from it? If you identify some, please, please, please share them with me. My email is help@optiongenius.com. I would love it. I'm trying to put together a massive list. I might even come up with a product or something like that where we'll share them with people. But for now, I'm just trying to come up with some for my own, and if you could share yours, that would be wonderful. All right? So find your triggers, start making some money. Remember, trade with the odds in your favor. https://optiongenius.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book!   Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Do you ever feel doubt before you put on a trade? A little feeling that, "Oh my God, I don't know if I should do this one. Oh geez, I don't know if this is going to work out. Is this a good idea to do this trade or do it right now? Maybe I should wait, maybe not." We all do. It's normal. It's part of trading because when we're trading, we need to be right, but we can never be 100% certain. There's no a hundred percent guaranteed sure thing trade that we can have no doubt about it and just put it on and be like, "Yes, I'm going to make money on this trade." It doesn't work that way. Anything could happen. That's why trading is so lucrative because you're dealing with the unknown. You're kind of like Elsa in Frozen 2, you're going into the unknown and that's what traders get paid for. And that's what we as investors have to take into account and we have to overcome, because I've seen, especially newer traders, that doubt that fear stops them in their tracks, where they don't put on trades or once they put on a trade, they don't want to touch it. They don't want to adjust it. They don't want to get out and so what could of been a small loss turns into a big loss or what could have been an awesome trade gets skipped because they're just afraid. There was one fellow in particular, his name was Jim, taught him the whole strategy. He knew it backwards and forwards. He could recite it to me better than I could myself. He knew the rules of the strategy. He knew the rules of the trade and he could put a trade on almost better than anybody else, but the doubt of losing money or the fear of losing money would keep him from not staying in the trade. He would always jump out well before he was supposed to, and so he could not make a positive winning trade because he just kept getting out too fast. Anytime he would start losing a little bit of money, he would jump out even though that's not the way selling options works. A lot of times you put on a trade where you sell options and it might be negative for a few days. You might be sitting on a loss, eventually time to gain kicks in and that loss starts to go away and eventually turns out, hopefully in your favor. But even with the odds in our side, even with time on our side, there are no slam dunks. There is no 100%. And so in this episode I wanted to talk about a way that you can overcome this doubt and put yourself in a situation that will be beneficial so that you have a little bit more confidence going into your trade, so you feel not only better about yourself, but a better about the trade as well. So I have to tell you about a cartoon. It's funny, right? We're going to talk about trading, but we're going to learn about trading through a cartoon. There's this cartoon called Bob the Builder. Now Bob cartoon series started back in 1999, and he is a nice fellow. He's a cartoon. He's not a regular cartoon. He's little bit animated, little different type of animation than your average Mickey Mouse or your Cinderella type cartoon. But anyway, Bob runs a construction company and all of his employees are construction equipment. So the backhoe and the bulldozer and the whole makey-thingy machine, they're all his employees or partners or friends or whatever, and they all talk. And in every episode they're given different jobs to do around town and build this or do this or pay that or whatever, and eventually they get into trouble. And so Bob comes to the rescue and he has to motivate his team because now they're all sad that something bad happened and they don't know what to do about it. So Bob comes in and he asks them this one question. he goes, "Guys, can we fix it?" And all of his teammates, they all get excited and they'll smile and say, "Yes, we can fix it. We can do it," and that's how he motivates them. That's how he gets them on his side. That's how he gets them all upbeat and ready to do whatever is needed. And then they find a solution and then they put it into place and it works, and there's always a happy ending in every episode. Now when it comes to motivation, asking a question is a little bit counterintuitive because whenever you talk to or listen to or read any of the self-help, motivational speaker type gurus out there, they don't tell you to ask questions. They tell you to be authoritative. The Tony Robbins or the Jack Canfields, Og Mandinos, Napoleon Hills, all these guys, they all tell you to do the same thing. They tell you to say an affirmation and be positive and tell yourself how good you are and how smart you are and how wonderful you are and how everything's going to work out for the best. Put it out into the universe and it's going to happen and talk as if it's already happened. Not, "I'm going to make $1 million," but, "I've already made $1 million," kind of thing. So which one of these philosophies actually works better? Is it the question where, "Can I fix it?" Or is it the statement where, "I can fix it"? which one works better? Now in order to figure out the answers, we turn to some researchers. There was a group of researchers from the University of Illinois and also the University of Southern Mississippi who wanted to figure this out. So they ran a series of experiments in which they gathered several participants and they had to solve puzzles. Okay? The first experiment, the basic one, they basically broke them up into two different groups and the first group was told to ask themselves whether they would solve the puzzles. Basically, "Hey, ask yourself. Use a question and say, 'Will I solve the puzzle?'" The second group was told to tell themselves that they will solve the puzzles, so very authoritative. Be like, "Yes, I'm going to solve the puzzle." Which group do you think did better? Well, the group that asked themselves if they're going to solve the puzzles, solved 50% more puzzles than the other group. And then they repeated this experiment in multiple ways, they did it with writing. They had the subjects write down, before the experiment, the words will I or the words I will and the group that's wrote will I, again, solved 50% more puzzles. Why is this? Well, researchers, they did more studies and more research and they tried to figure this out. They came up with two reasons. The first reason is that by its very form, when you ask a question, you give yourself an answer. So if we're going to ask ourself a question and say, "Should I put this trade on," or "Am I a good trader?" Instead of saying, "I'm a good trader, I'm a great trader. I'm going to trade, trade, trade." It doesn't help you overcome a lot of fear of if you should be doing that particular trade. It doesn't make sense. When you ask yourself the question, you give yourself an answer automatic. So if the question is, "Should I do this trade?" or "Should I be a trader?" or "Should I be an investor? Should I invest in this?" The answer comes back to, "Yes" or "No." And if it's a, "Yes," then you're going to give yourself a reason or an answer. "Why?" And if it's a, "No," you're probably going to come up with a reason why and if it's a good reason, then you can fix that so that you can go and do the trade. The second reason is that the self-talk, when you're talking to yourself, when you're asking a question and you're telling yourself the answer, it helps you to visualize your end goal, and that goal becomes an intrinsic goal instead of an extrinsic goal. So it's going to be more about, "If I put this trade on, if I do a good trade, then I'll feel better about myself," versus "Oh yeah, I'm a good trader. I'm going to go get me a Ferrari," kind of thing. So those two reasons were what researchers came up with. Now when we're putting on a trade, again, there's no sure thing. Of course experience helps, but if there's a bear market, if there's a high volatility market, if things are going on that have never happened before, then even experienced traders don't know what to do. And we have doubts and say, "Man, should I be really doing this trade? Should I be putting this trade on?" And if you're feeling that doubt, then you can ask yourself a series of questions instead of just trying to pump yourself up. Now I definitely believe that you should pump yourself up if you're feeling doubt, and if you cannot even do a single trade, then you need to ask these questions even more. But if you're feeling that hesitation, "Oh, man, I don't know if I should do this," that means that something's not aligned physically, emotionally, spiritually. Maybe something is not aligned with your trade and you need to get to the bottom of it and ask yourself some questions. One of the questions would be, "Should I even be doing this trade?" It's not a question of, "Can I trade? Can I be a trader?" Yes, you can be a trader. If you don't know that, then I'm telling you right now, yes, you can be a successful trader. There are other people out there that are stupider than you that are doing well at it. Okay? I'm sure that you can do it. "Can I be a trader? Can I be a successful investor at that?" That question, let's just take it off the table. The answer is yes. If you don't believe it, I'm telling you the answer is yes. Okay? Now the next question is, "Should I do a particular trade?" And when you ask yourself that question, then you have to dig in further and you have to justify it and you just say, "Oh, I heard Jim Cramer on his Mad Money show talk about XYZ stock and the CEO came and I really liked the guy's tie so I'm going to buy this company and I think the shares are going to go up." That's not a very good reason, right? "Should I buy that stock?" If that's the reason, because you liked the guy's tie, maybe when you say that to yourself, when you answer that question, "Should I do this trade?" And you tell yourself, "I'm doing it because I like the guy's tie," I think you'll figure it out yourself that, "Okay. That's not a good reason. Maybe I should do a little bit more research or maybe I don't do the trade." But once you ask that question, "Should I do the trade?" it leads you to the next question, "What do I expect the trade to happen? What happens if the best case scenario happens? What happens if the worst case scenario happens? What do I think the stock's going to do and what happens or what do I do to the trade if it works out in my favor? What do I do if the trade doesn't work out?" That way, you're prepared for both eventualities. If it works out, great. You know what to do. You know how to get out and you get to be happy. If it doesn't work out, you're prepared in advance for anything that could happen, especially if it doesn't work out in your favor, but you know in advance, so that eliminates some of the doubt. If you know you have a justification for why you're doing the trade, if you have some reasons, if you know what you're going to do if the trade works out in your favor, if you know what you're going to do if the trade doesn't work in your favor. It goes against you. If you know what you're going to do in advance, it takes away doubt. So if you've been having trouble putting on trades, whenever you listen to this, the market might be topsy-turvy. It may be very volatile. It might be going straight up. It might be going straight down, might be going sideways. I don't know. But in all markets, there are trades that are possible to be made. If you're feeling doubt, that's your self telling you that something is not aligned. And yes, you could be just rah-ing yourself and telling yourself, "Yeah, yeah. I'm going to make $100,000 today," or "I'm going to make $100 today trading. I'm going to be do this, rah rah. I'm the best trader in the world. Woo-hoo," or you can be real and you can ask yourself some questions and use that as a way to pump you up and to motivate you. So can you fix it? Yes, you can because Bob Builder does and that's how he motivates his staff. Now in Bob's case, he's a cartoon. His viewership, his audience, is little children. So whenever he says, "Can we fix it?" All the little kids that are watching, they respond with, "Yes, we can." I don't want us to say, "Can we trade?" because that's not the right question for us. We're not trying to get little kids to give us a positive answer. We're not asking the question for anybody else. We're asking the question for ourselves. "Can we trade?" is not the right question. It should be based on each individual trade. "Should I be doing this trade?" and you have to have a legitimate reason. If you do have a legitimate reason and you know what you're going to do in advance, that will help you cut through the doubt. And actually, if you put on the trade and keep your head in the trade, in the game, while the trade is going on so you don't lose your cool, you don't get caught like a deer in the headlights and not know what to do if the trade goes against you. I hope this was helpful. If you have doubt, listen to this a couple times, go through the process. It definitely helps. Remember trade with the odds in your favor. PassiveTrading.com OptionGenius.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.   

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book!   Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- The famous Baron Rothschild said that the time to buy is when there is blood in the streets. And Warren Buffet has said the time to invest is when others are fearful, to be greedy when others are fearful. But others are fearful for a reason, so is that actually the best advice? When is a good opportunity, and when is it a disaster that just looks like an opportunity? That's what I cover on this episode. So how do we limit our risk and not do any of the work? That's a totally new way of looking at it, don't you think? I was pretty proud of myself when I came up with that question. How can we have a large upside with a small downside, and none of the work, none of the time? Because in the end, that's the most important and most precious thing we have, right? Time. We have to guard it as best we can. So that question led us to a third solution. We could bring in somebody else as a partner who would be responsible for day to day operations and running the center. My wife would be there in the beginning to turn things around and to train this person, especially since she has done that before, and she knows the business, while she's training this new partner. So that is what we did. We offered another woman and a friend of ours 50% of the business and the center to be the working partner. We would train her and support her until the place was running and doing well, and of course we would support her the whole time, because we're involved, but my wife would own 25% and our original partner would own the other 25%. so we're cutting our percentage down, right? We're taking less of the business, we're going to get less of the profits, but if all goes well, we won't have to do the work. Put up less money as well. Have a person in place that will run it, who has been trained by us. And if all goes well, eventually we make $5,000 a month instead of $10,000, but without having to do the work. Now, to me, that one sounds better. We turned a good opportunity into a wonderful opportunity. Now, let's take a look at this from this new woman's perspective, right? This new partner that we're bringing in, let's call her N. Now, N has never worked in a daycare, but she wants to. She's been looking to buy a daycare or get involved with a daycare for months now. Financially, her family is struggling. Her husband has his own business, but that business is failing. It's going to close soon, so money is tight. Now, N is offered a 50% stake in a business that is currently losing money, right? It's losing anywhere from breaking even some months to losing about $5,000, $6,000 a month. She is required to put up more money than she has right now to take advantage of this situation. She's going to have to borrow that money. Maybe not all of it, but at least some of it. So let's say she needs to come up with $50,000. Okay, that's 50,000 she doesn't have. The business will not make money for a while, and she's not going to get paid until the business can afford to pay her a salary. So she's looking at probably six months with nothing to show for it, but she's building up her own business, an asset. If she can borrow the $50,000, or however much she needs, and if she borrows it, she's probably going to have to make payments on it. So they're going to have to come up with some way to be able to make the payments, still support the household, while she's doing this. But the upside is that she could make than $10,000 a month eventually, which is more than enough to support the family. So yeah, there's risk involved. The place might not turn around. It might not be as rosy as I'm making it out to be. That's a risk. She will also have a strong set of partners who are well-capitalized. If we need more money, we're not going to let her drown, right? We're going to put the money in. They have experience and connections, and who are not only willing to work side by side with her until the place is turned around, but they've done it before. Meaning my wife has turned around a failing daycare before. What should you do? What would you do in this situation? To me, from her point of view, I think the choice is simple. I would take the deal, in a heartbeat. Now, what she does eventually, we haven't gotten an answer yet. We don't know. To me, I think it would be crazy if they say no. They're already in a sinking boat. The boat is sinking. They have no other alternatives. They have no options. They have no lifelines. They have no life preservers. And here you have somebody coming by, throwing you a life jacket. Do you take it or not? I don't know. That's up to them. We'll find out. How do you know when you are presented with an opportunity if you should take it or not? How do you know if it's a good opportunity or if it's just a disaster dressed up like an opportunity, right? And please don't tell me that you don't have opportunities. They're out there. They're everywhere. I mean, buying a new stock is an opportunity. Looking for a new job is an opportunity. Getting a loan for something, that's an opportunity to do something without money, creative, right? Even deciding to buy a new training course. I'm sure you get emails from lots of gurus. "Buy this, buy that, buy this. I have courses. I'm emailing you. Dave, you're on my list. Get on my list if you're not, but if you aren't, if you're on the list, then I'm telling you, hey, I got this course that might work for you. I've got this that might work for you." These are all opportunities that can either be beneficial or harmful, but you have to make that decision. So I have a list of questions that you need to ask. So if you're in the car, or exercising or something while listening to this, you're going to have to go back and actually write these questions down so you can save them and keep them. So next time you have an opportunity, you can go through this exercise and it will help you clarify in your mind and help you decide what to do. So first of all, you got to know, what are your longterm goals? You got to know, without a doubt. If you don't know what you're trying to do in the longterm, you're going to jump at every single opportunity. If you haven't decided yet that you want to be a passive trader, then the next time you see an opportunity for a real estate workshop, you're going to go. If you see a 4X course, you're going to buy it. If you see a new job offer, "Oh, hey, why don't you drive for Uber?" You're going to go run and drive for Uber. The goal should not be, "I just want to make more money." You have to have it more defined than that. Right now for my wife, the goal is more income without the work, and that is what led us to the solution that works best for us, right? If we didn't know what our goal was, we would not have tailored it and changed it so that it works best for us. Now, yeah, we can make less money, but our priority was not the money. It was the time. You understand? So that's number one. Number two, you have to look at the pros and cons. Now, you probably already do this. Common sense. You write these down if you have to. What's all the benefits? What's all the negatives? What could happen? What could go right? Third, then you look at the probabilities. How probable is each outcome? You know, let's look at the worst case scenario. How probable is that? The best case scenario. How probable is that? And then somewhere in the middle. Next, what is the risk involved? Right? Normally, if it's an investment of money, you have to put up the money, and that's the risk. The whole money you put up is at risk. How can you minimize the risk? That's a very important question. You still want to keep the benefit. You still want to have the potential as much as possible, but you want to reduce your risk as much as possible as well. Next, what is the possible reward, and is it worth the risk? What's your risk-reward analysis? Is the reward worth it for the risk? Sometimes that's an easy one. You'll be like, "No, not really." You're going to be giving it up. Okay. If there's a course out there teaching you how to make $100 a day and the course is charging you $1,000, okay, that might be worth it. In 10 days I could get my money back. Yes, but it takes you 12 hours a day to make that $100 bucks. All of a sudden it doesn't make sense. The reward is not worth it, right? You spend 12 hours a day to make $100 bucks, that's not worth the risk, so you would pass on that opportunity, right? Simple concepts. Number six, I want you to get advice from people that have done the same thing that you're thinking about doing successfully. Not just that they've done it before, but they've actually been successful at it. What do they say? What's the advice? If you ask them and say, "Hey, should I do this or not?" What do they tell you? Most people, most successful people are honored when they're asked for advice, and they will actually give you legitimate, truthful advice, okay? Just like it says in the book, The Richest Man of Babylon. If you haven't read this book, it's a classic. You got to have it. The Richest Man in Babylon. It says, "If you are investing in jewels, you don't send a brick layer or a brick maker to buy your jewels. You ask a brick maker when you're investing in bricks and you ask a jeweler when you're investing in jewels." Okay? So you got to get advice from the right people and people who have actually done it well. Next, what does your gut tell you? That's what it comes down to, because you are ultimately responsible, and your gut, well, you know that feeling in your stomach, that can tell you one way or the other if you should do it or not. Because if that gut is telling you, "Don't do it," or, "I'm scared," or, "I can't handle it," and you still make the investment, you're going to end up miserable. Even if it works out well, you're going to end up miserable. A friend of mine, he did a real estate fund recently that I invested in, and I got other people to invest in, and one of the people that came up to me and wanted to invest, and she put the money in, but it was for a one-year term. You had to have your money in there for a year. After six months, she lost confidence, or she freaked out, and she said, "Can I get my money back? I need my money back. I need my money back." And we told her, "No. It's locked up for a year. You can't get your money back." Even though the fund was doing well, we were making money, there wasn't a loss, she was going to get all of her money back, plus she was going to make a nice gain at the end of the year, she still freaked out and she couldn't do it. Now, if she had asked her gut before making the decision, maybe her gut would have been like, "No. We're not very risky people. We don't like taking risks." So she would have sat out of it. That's how important your gut is. Now, last question, can you live with the worst case scenario? Can you? Only you can decide. Now, after asking all these questions, you're going to have a much more clear picture of what you should do. So now let's take all this information. Let's do a real life exercise, okay, so that you know what it is. Currently, and I'm recording this March 31, so 2020, right? Currently the stock market has dropped about 30%. Volatility is sky high. The coronavirus has become a pandemic and we're all staying inside and away from people to limit the virus, to try to control the virus, which is still raging out of control. People are still getting sick, people are still dying, and we've already had 3,000 deaths, and they're saying that there might be 200,000 deaths in the US. Should we invest in the stock market at this point? It's a legitimate question, right? I mean, things have come down 30%. Some stocks that we're trading have done a lot worse than 30%. The travel industry, the food industry, they've all been killed because they've been shut down by this virus. Now, we all know it's temporary, hopefully. I don't know when you're listening to this, but you know better than I do, because you're in the future, but hopefully this thing will shut down. Now, I'm giving this example. Don't be like, "Oh, yeah, I know what happened, and it was either a good idea or bad idea to invest." I don't know, but these types of scenarios will occur over and over throughout history. So this is just one example of how you look at an opportunity, and the opportunity is, "Hey, stocks are down 30%. Do we buy here?" So what do we ask ourselves? Well, number one, what are our longterm goals? If your longterm goal is to build up your stock portfolio and hold onto these stocks so that you could trade options on them for years and years to come, like we talk about it in our Passive Trading Formula course, then maybe we should start buying now. Or if your goal is to become an options trader only, and only trade options, not own any stocks, well then it doesn't matter how low the stocks go, you shouldn't buy them because that's only going to distract you from your goal, right? So for you, this is an opportunity that you should pass on. Number two, what are the pros and cons? Well, obviously you can make money. Right? Pro. We could also lose money, because the stocks could drop even more. The virus has not peaked yet. We don't know what's going to happen tomorrow. Things could get worse. What if all the businesses and everybody shut down for the whole year of 2020? That will definitely have the stock market go down a lot more. Number three, what are the probabilities? Well, worst case, we lose all our money. That's probably not going to happen. I mean, I don't think the stock market is going to zero. Most of the stocks we buy are not going to go out of business. Well, some of them will. If it's worst case, most of them probably will not. Best case is the virus disappears and the stock market rallies 100% percent. That's probably not going to happen either. What could happen is the market drops another 30% from here. That would be a 60% drop, which in history doesn't happen too often. It's possible. That might be the worst case, actually. 50, if it drops another 30% from here. So if our risk is a 30% drop, how do we minimize that risk? Well, we can wait. Maybe we don't buy stocks now. That's one way. Or maybe we could hedge our position by buying put options. That's another way to do it. Or maybe we can buy some shares now and then we buy a few more every week. So whether the stocks go down or whether they go up, we're just buying a few more every week, every week, every week, because we can't predict the future. We don't know what's going to happen. The possible reward is that we don't buy at the bottom, right? But we still get stocks at a really cheap price compared to where they've been before, and where they're eventually going to go again. 30 years from now, are we going to have a stock market? Yeah. Are stocks going to be higher than they are now? Probably. Right? So if you look at those probabilities, then yeah, it's a good time to buy now and hold, and you guys are fortunate enough that you know how to sell options on your stock so that you can actually generate an income while you're waiting for the stock to go up. So what are the people who have made a killing in the stock market, in this same situation, doing right now? People that took advantage when stocks dropped before in bear markets, what are they doing right now? Well, the ones I've been able to investigate and research, most of them are buying small amounts of stocks that they want to own. Not huge quantities. They're not just going out and betting the farm. They're not borrowing money to buy these, but they're buying small amounts. They're not waiting for the bottom, nor are they just sitting on their hands doing nothing. They're actually in the market right now. The last week or so, we've had a little bit of a rally. The VIX, the volatility index has actually come down a little bit, so some people are a little bit ... The selling has abated. It might happen again, but it seems to have calmed down a little bit. I myself have started buying some shares that I want to own, and I've been selling naked puts way out of the money on stocks that I wouldn't mind owning. These are shots at Coca Cola and Johnson & Johnson, Las Vegas Sands, stocks that have taken a beating, right, and they're much cheaper now than they were before, but in the longterm, by owning them, I think they're going to go back up. They're very strong. They pay good dividends. So I am making 1% to 2% a month income while waiting for these stocks to drop even more, because I'm selling my puts out of the money. So that meaning that I want them to drop even more before I buy them, and I'm getting paid to wait. So next question. What is your gut telling you? Maybe your gut doesn't know in this situation, which is normal. I don't know. My gut's like, "I don't know. Don't ask me. I can't predict the future." And then lastly, can you live with another 30% drop in stocks? So if you buy now, if you take all your money out and you buy now, can you live with a 30% drop? If you can't, then don't do it, or do something else. Don't buy all right now. Now, based on this exercise, if you were thinking about investing in stocks right now, I don't think the answer is to buy 100% everything right now. To minimize the risk, I think the answer would be to maybe start with a little bit, right? Maybe sell some naked puts if you know how. Ready yourself if stocks move lower, but buy more shares as they do. So as they go lower, buy more and continue to buy more. If you don't know how to sell naked puts, this would be a great time to take advantage of our Passive Trading Formula course. You can learn more at passivetrading.com and we'll show you exactly how to do it. In our group, our community, I actually share some of the trades I'm doing, some of the stocks that I've been selling options on, and we have a really good community of other traders who are in the same course who are also sharing their trades. So by yourself, yeah, you can probably do well, but when you have a community that thinks the same way and when they're helping each other out and when they're sharing what they're doing and sharing ideas, it helps everybody. So right now it's a scary time. We're all stuck in our homes. We're walled off from our fellow human beings. So if you haven't, look online, find some groups that think the way you do and not groups that are trying to scare you and tell you how the world's going to end. We don't need more negativity. Let the government handle the business that they're handling. Let them handle the virus and let the health people do that. We just listen to what they're saying. Stay home, stay safe, and prepare for the future. And right now, this is an amazing opportunity for you to take some time and educate yourself about how you can use the stock market to your advantage, okay? So if you want to check it out, it's passivetrading.com we have a free training there that you can watch and learn. I hope this helped. Please stay safe and remember to trade with the odds in your favor. PassiveTrading.com OptionGenius.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Recently I attended a mastermind meeting with other online marketers. These folks are super smart, super rich, and super savvy. They are the ones that introduced me to crypto arbitrage. Yes, that is a thing. Everyone presents something in the meeting that can help the others. I decided to talk about 3 things that have shaped my life up to this point. I expected them to already know about these secrets, but not one of them knew of all three. In fact, none of them knew about #3. The three I talked about were: 1. The Wave Theory of Life 2. The Five Finger Theory 3. Passive Trading Passive Trading literally blew them away. They were mesmerized. Listen to the episode to hear me describe all three secrets! Link to Episode 4: 5 Finger Strategy https://optiongenius.com/blog/five-finger-strategy/ PassiveTrading.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Passive traders, I hope the markets are treating you nicely. Today I want to do something pretty cool. So I am finishing up the book called Passive Trading. Has been taken me I think over two years, but I'm finally getting close to completion. My editor told me that it's probably better to add a few examples of trades that I've done in the past and some examples of the different strategies that we're talking about. So I was like, "Yeah, that makes sense." So what I did was I decided to go into the past and pick a stock and say, "Okay, this is a stock. What if I did what I'm telling everybody to do? How would it work out without knowing anything about the future or anything like that?" The example was for naked puts, selling naked puts. That's one of the strategies I cover in the book. I talk about it, say how to do it, this and that. And I said, "Well, what would happen if I take my strategy, how to do it, and go and apply it in real life?" So I picked Walmart because Walmart is not a stock that I own. I don't follow it on a regular basis. It is on my watch list because it's a good company and it pays dividend. It might be one that I want to get into, but up till now I don't own it and haven't traded it very much. So I said, "You know what? Let me go into Walmart. Let me try it and see." So 2018, January 2018, Walmart was trading at $98.59. That was really good because in 2017 the stock was up 42%, so had a great year in 2017. What's it going to do in 2018? I don't know. I don't remember. And I haven't traded, so I don't know. So what I decided was I am not going to own the stock. I am only going to sell naked puts on it. If I get assigned on those puts, then I will see what I have to do there. Maybe I will sell the stock and keep selling more puts or maybe I will keep the stock and start selling covered calls. Either way, I'm going to have to do something, but I'm not going to roll. That was the decision. I wasn't going to roll my putts. I was just going to take the stock. So I started on the 2nd of January, okay? First trade I did sold some puts, made 3.6% because the puts expired. Nice. Did another trade in February after that one expired. After the first expired, I did it in February. That one also expired. 3.2% gain. Then I did do one in March. 3.54% gain. Did one in April. 5.54% gain. Geez. This is easy, right? All I'm doing is selling naked puts on Walmart away from the money and I'm getting really nice monthly gains, and I'm not having to watch it. I'm not following. I'm not adjusting. I'm not doing anything. I'm selling the put, waiting till it expires, and then selling another one. That's all I'm doing. Then, May came. Those puts expired. 2.83% gain. June, 1.85% gain. July, 3.9% gain. August, 2.53% gain. September, 2.75% gain. October, 4.89% gain. And November. Oh, November I finally get assigned. So on December 21st, Walmart closed at $87.13, which was 37 cents lower than my sold strike, so I had to buy the stock at $87.50. Now, you might be thinking, "Oh wow, Allen, yeah, anybody can make money selling naked puts in a bear market." Walmart went up 42% the year before. It probably went up close to that in 2018 when you were doing it, right? Well, yes and no. 2018 was a year when Walmart traded from $98.59 at the beginning of the year. That's when I started trading. It went up to $109.55, so it did go up. But then once it got there, it turned around and went down all the way to $82.40, and then it ended the year at $93.15, which means that the stock was actually negative 5.6% for the year. So if you had owned this stock, if you had bought it on January 2nd, first day of trading in 2018, and you held it to the end of the year, you would've lost 5.6%. Now, you would've gotten the dividends, so maybe it's an even, but still that's dead money. You're not making any money on this stock if you are only buying it and holding it for the whole year. But if you had done what I did and you had sold naked puts the whole way, you would've made 34.65%. Let that sink in here. I was selling naked puts on a stock that went up and down and up again and closed down. So this was not a stock that just went up in a straight line. This stock lost money on the year. But because of the naked put strategy, I made 34%, okay? This is without owning any stock. I didn't own the stock until very end of the year, until December 21 when I actually had to buy the shares. Until then, I didn't own any stock, and I didn't really spend much time on it. I just put the trade on, let it expire, and then put on another one every month. Takes literally five minutes or less. Didn't watch the news on Walmart. Didn't care about earnings, or announcements, or what they were doing, or how the stock was doing. Doesn't matter. Didn't care. All I did was sell a naked put every month. Let the one expire, sell more, let it expire, sell more, let it expire, sell more, let it expire, some more on a stock that went up or down. Now, I understand if this was a stock that had just gone straight up, then yeah, you could say, "Oh, yeah. It just went straight up. Of course you've made money." True, but this was not that. This was a stock that went up and down, right? So this was just one example that I did for the book. I just thought this was a really freaking cool example. I did a couple other examples we did on credit spreads on comparing owning the stock, a stock that was really good. I'm just going to tease you here. I'm not going to tell you what it was. But I picked a stock, I went back and I said, "All right, in this year, 2000 ... " I don't know what year it was. Think 2017 or 2018. I said, "Give me one of the best performing stocks." And I got a list of all the ones, and I said, "Okay, this one I think we can do credit spreads on." So I picked it, and I did spreads on it month, after month, after month, after month, after month, and the credit spreads did better than if you had just held the stock. Even though the stock was one of the best performing stocks of the year, you would have done better by selling options than holding the stock. And this Walmart example is the same thing, same conclusion. 34% compared to negative 5%, okay? Less stress, less time, and a lot more money. That is why we sell options. That is why I'm into passive trading. Cool? So if you want to learn more about passive trading, you can go to passivetrading.com. The book itself is ... Like I said, I'm going back and forth with the editor. Hopefully it will be out soon. If you want, you can email us about it or just go to passivetrading.com and see. It might there. But that's it. Yeah. Selling options come put together with owning stocks makes more money. I don't know if I can make it any simpler. And this was a real example. Like, dude, these are the numbers, you know? And in the book, I'm going to have what are the dates, what are the exploration, what are the price, what did I get, was the result. Everything is there. So you can go and check it for yourself. Were these actual trade? Yeah, they were done. This was real numbers, okay? I didn't even think it was going to be this good. To be honest, I didn't know it was going to be this much of a difference, 34% gain versus negative 5% for owning a stock. Holy cow. That blew my mind. That's why I wanted to do an episode on. That's why I'm be like, "You guys got to look at this. This is so cool. This is so amazing. Why aren't you doing this, right? Why aren't you doing this right now?" All right folks. Until next time, trade with the odds in your favor. www.passivetrading.com www.optiongenius.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.