Tackle Today: Naked Puts for Cash Flow
August 19, 2020
≈ A powerful options strategy ≈
Traders,
In tonight’s 7 pm EST webinar coach Tyler Craig will be teaching his approach to Naked Puts. Naked Puts are a popular cash flow options strategy amongst many of the coaches and trader’s at Tackle Trading. Have you learned how to use this tactic?
When you sell a naked put, also called a short put, you take on an obligation to buy 100 shares of the underlying stock at a set price (your strike price) at or before a set date (expiration date). When you do that, and sell the option, you then receive a credit from the sale and that represents your cash flow opportunity.
If you have not traded Naked/Short pus much, spend some time in your virtual trading account and learn how to use this tactic. We have lots of resources on our website, in our playbook and on our YouTube channel regarding Naked Puts.
After that, at 8:30 pm EST, Tyler will be teaching our Cash Flow Condors traders during the monthly mastermind group for those of you who use the Iron Condor strategy.
Some of the most popular Cash Flow tactics include:
- Covered Calls
- Naked/Short Puts
- Bull Put Spreads
- Bear Call Spreads
- Iron Condors
- Poor Boy’s Covered Calls
There are others, and you can review all of the Theta Strategies in our playbook here: https://tackletrading.com/store/tackle-trading-playbook/
With the market moving slowly the past few weeks, it’s become apparent that positive Theta/Cash Flow techniques have been great strategies to use.
Spend today focused on Naked Puts and/or Iron Condors, and attend tonight’s shows to learn from Tyler regarding these two powerful tactics.
#TeamTackle
Chart of the Day
Alcoa Corporation (AA)
Alcoa has developed a nice uptrend over the past few months, recently pulling back into a Bullish Retracement pattern and triggering to the upside. It was a stock on this weekend’s Options Report, you can review all of the watch lists here: https://tackletrading.com/options-report-august-15th-2020/
Video of the day
Trading Basics: Naked Puts
Naked puts are a popular strategy among options traders. Tonight, Coach Tyler will be teaching some of his tactics when using Naked Puts in our Wednesday special webinar. Watch this video from Coach T where he teaches Naked Puts.Learn how to Beta Weight your Portfolio in the Analyze Tab in Thinkorswim.
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Coaches Show Replay
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
YouTube Special – Naked Puts 7 pm EST
Coach Tyler Craig will be teaching Naked Puts.
Cash Flow Condors MMG 8:30 pm EST
Join our monthly mastermind on how to trade the Cash Flow Condors System.
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