Selling Puts Explained: Delta, Premium, And Assignment

Hinzugefügt: 2026-05-30

[00:00:00]A lot of people selling put options know what stock they want and what strike they want, but they don't know which delta to use. And that matters a lot more than people think because delta helps you understand how aggressive the trade is, how likely assignment is, and how much premium you're really collecting for the risk that you're taking. So, in this video, I want to break down why 30 delta is usually the sweet spot for selling puts, when I'd go higher or lower, and how I actually use delta depending on the setup. Because once you understand that, your trade becomes a lot more intentional and a lot less random. So, I'm going to cover different ranges from 20 delta, 30 delta, 40 delta, and even in the money deltas beyond 50. So, let's talk about delta. What is delta and why is it so crucial? Delta is the most important Greek for put sellers, and if you only learn one Greek, this should be it. It is delta. Delta tells you two critical things. How much the option's price changes when the stock moves, and the second thing it tells you is the approximate probability of the option expiring in the money. Let's start with the price relationship. If a put option has a delta of 0.3, it means the option price will change by 30 cents for every $1 move in the stock. If Apple goes from 280 to 279, a 30 delta put option will increase by 30 cents in value. As the seller, that's a $30 paper loss per contract. But, here's the more important use of delta. And that is probability or chance. A 30 delta put has an approximate 30% chance of expiring in the money. That means there's a 70% chance of keeping your full premium.

[00:01:44]This is why delta is so powerful for put sellers. It gives you your odds of success. My sweet spot is selling puts with a delta around 30. Why? Well, it's the perfect balance between premium and probability. At 30 delta, I'm winning about 70% of the time. In fact, with my techniques and the technical analysis that I'll show you later in this video, as well as my stock selecting process, that probability is actually a lot higher. But, mathematically speaking, the delta shows a chance of profit of around 70% because it's a chance of being assigned a 30, okay? Now, a 70% chance of not getting assigned is enough to be profitable long-term, even if there's an occasional loss. In fact, because when we sell a put option, we want to buy the stock anyways, you can in theory say there can never really be a loss because the worst that can happen is we will get assigned on a stock that we want to own anyways. But, I'm just speaking about the option itself. Of course, the option itself can show a loss if you wanted to buy it back at that point in time. I don't usually recommend that, but there are some situations. If you sell a 0.5 delta put, which is at the money, you're flipping a coin. 50% chance of assignment, 50% chance of no assignment. The premium is much higher, but you're getting assigned half of the time. That's not income generation, that's just buying the stock with a few extra steps. If you sell a 0.1 delta put, which is really, really far out of the money, you almost never get assigned. You'll have a 90% win rate. Sounds good, right? But, not really because just because you win 90% of the time doesn't mean that you're automatically super profitable. In fact, what if I told you that you can win 99% of the time, but every time you win is just a dollar, okay? Not that attractive, right? It all depends on how big the win is, and that's where I look for the sweet spot for delta. And I'll show you more examples when we go over the live trading, but for now, just understand that win rate isn't the most important thing. In fact, it always upsets me when I see other traders, influencers, content creators, that a lot of them have been through my program, they boast a big win rate. I win 89 or whatever percent of the time.

[00:03:52]I don't like that because it can be very deceiving, okay? I don't like deceiving beginners. So, the win rate for now, just understand that it's a chances you will get assigned, but it's not the end all be all. Your profitability will vary on more factors that I'm going to be discussing in this course. Let's talk about selling put options. I do currently have a put option that I sold on Amazon for $255 strike price, and this is going to expire on June 12th expiry. So, let's go into this option right here. I'm going to show you something that I already have open. So, here's Amazon 255 sell put. It's currently going for $5.53, and I just opened this position. Let's go to the history. Let's see when I opened this up. I opened this up on May 18th, and right now it's May 20th, so it's been 2 days, and so far this option is down 50%, which just means that Amazon has come down a little bit. Now, I want to understand the delta on this option. The delta is currently 38.

[00:04:41]What's really interesting is since this option is already down in just 2 days, you know that this was less of a chance, right? This was a lower delta. This was around 30 delta, and now it has gained to 38, right? That has to be the case. I don't know exactly what the delta was 2 days ago, but when the stock goes down, it goes closer to the strike price into the money, then of course the delta's going to increase because one of the definitions of delta is the chances that the option will expire in the money. So, of course this delta has increased. It was probably around 30, but I'll show you I'll show you another example. I just want to go over my real position right now, and how I'm going to kind of manage this, and then we'll go over 30 delta in more detail. So, I started off with a 30 delta, and now it's going to a 38 delta. But this option is still out of the money. It's only at 255 strike price, but Amazon's at 260. So, you can see how nice it is to go for out of the money options, and already kind of proof in the pudding, the 30 delta has already been really really nice to me. Because imagine I sold a put option with a high delta, well, Amazon probably went down here in the last 2 days. Let's actually go to the 1-week chart. We can actually see what the premium was, and where Amazon was kind of trading at. So, here on May 18th, you can see So, the value of this put option has gone up here. So, I have sold it around here and now the value is higher. This could be a little bit confusing because this is um you know, not a good thing it because when I sell a put option, I want it to decay down to zero. And I'm not in a bad situation yet. This is still an out-of-the-money option. I just want to kind of explain to you what has happened to the option itself. It has increased in the value and that has contributed to a little bit of loss. And again, I had probably 30 delta and now it's at 38.

[00:06:10]So, I want to just show you what happened to Amazon stock because I'm going to assume it was around 30 delta 2 days ago since I do all my coaching live and I typically will sell an option 29 delta, 31 delta. It's really, really close to 30. You can't be perfectly at 30, right? It's going to be like one or um one or two off, right? Because they I'll show you what I mean. But okay, so look what happened to Amazon. So, over the last 1 week on May 18th during my coaching call, Amazon was probably right around here. So, it actually had a pretty decent slip and fall um and it took the kind of staircase down here from 267 down to 260. So, $7 down, my option's down 50%, but the delta only went from like 30 to 38.

[00:06:51]That's the power of a 30 delta. It is kind of the best of both worlds. Let me actually go ahead and show you a new example. So, let's go to trade Amazon options and I want to show you um selling a put op uh option from scratch.

[00:07:02]So, let's go to sell put. Let's go for an expiration date here in this example.

[00:07:05]Let's just go for I'm going to go for a June 18th. I like June 18th um or just any third Friday because that's a traditional expiry. Now, let's go to sell put and let's look for a 30 delta.

[00:07:15]So, I'm going to go down here. Let's go to 250. 250 has a 30 delta, exactly.

[00:07:19]Perfect. So, you see how it's not perfect. It's not going to be like 30.300000.

[00:07:23]It's going to be 30.75. That's fine.

[00:07:24]That's That's close enough. 30 31 delta, 29 delta, close enough. We're going to start off here as our kind of like base case of 30 delta being the best and then we'll examine different deltas and we'll kind of understand why this is um in my opinion the sweet spot ideal. So, look, if I were to sell a put option right now at 250 for Amazon with a 30 delta. Just quick check here, the bid ask is pretty tight and the volume is really high. So, a lot of investors are usually trading around this delta as well. It is a popular delta um to trade. So, look, 250, you get a nice premium, right? This premium is almost 2%, so it's not that high. Um and that's the reason why it's not high is because the implied volatility on Amazon is not that high.

[00:08:03]But, this video is about delta. So, 30 delta, why is it the best? Well, simply because a 30 delta is going to be an out-of-the-money option, but it's not going to be out of the money enough that it's, for example, if we go for like something like 220, sure, this is an out-of-the-money option with a really, really low chance of of happening, right? It's like four delta. However, the premium is just not even there.

[00:08:22]There's There's no premium and you're not going to get assigned. So, like what's the point of this? Yes, you'll be successful on this, but I mean, it's just like collecting pennies, right? So, I mean, that's it's not worth it. It's like going to It's like going to a full day's labor of work for $3 an hour in New York City, right? It's just It's like why? This This just isn't enough money. Is it money? Yes, is it profitable? Yeah, and to this this is This will it by definition be profitable, but it's not ideal, right? It's not ideal. It is not going to be the best risk-return adjusted return that you can get. It's money, but it's not the best. So, that's just an example of how low delta just doesn't really make any sense. 235 here, also low delta. The return's less than 1%, so really not that much. However, the volume is high and and all that, but look, 30 delta, 250, this is good because this has a real chance of assignment. And look, assignment is not a bad thing. When you're selling put options, 30 delta is that sweet mix of assignment happens 30% of the time and the premium is still good, right? So, you don't always want to get assigned right away because, of course, it is nice if you sell puts and you don't get assigned, then the next week you reap rinse and repeat the strategy and sell puts again. I mean, that's fantastic retirement income. If you can do that every single week. Um this is a monthly example. Let's go for a weekly example, actually, because if you're using the strategy as a way to kind of get assigned, get into the stock, but get paid while getting in, then you'll see why 30 deltas is even more powerful on a weekly basis. So, let's go to 257.

[00:09:47]That's a 47 delta. It's a little high.

[00:09:48]255, 33 delta. I think that's going to be our the one. Here we're probably going to be under 30. Yeah, we're under 30. So, 255 is fine here. So, around 30 delta. Look, this is a 1% ish return.

[00:09:59]Actually, it is probably right around 1%. So, if I go here, you'll see that it's $226. The max loss is 25K. Now, don't look at the max loss as like, "Oh, this is how much I can lose." I mean, that's if Amazon goes down to zero. When you're selling a put option, we don't look at the max loss in terms of like max loss the way it's said. It's really like the collateral that is being held up. And so, you can see the return here, 226. And if we divide that by 25,000, I'll put the math on the screen. It's almost 1%. It's probably like.9 something, okay?

[00:10:26]So, this is good because in a week, I mean, 1% if that were to be compounded, that's like around 4% per month. And that's like 50% per year. If you're able to do this every week, of course, that's going to be pretty hard to do every single week without any errors or mistakes. You are going to get assigned eventually, right? That is the risk of selling a put. But, with a 30 delta, you can see how the premium's awesome. It's amazing. I mean, that's bicep over triceps stuff. I mean, that's amazing stuff. That's like hand over fist money. But, 30 deltas is good because there's a 30% chance. So, by definition, three out of 10 times you'll get assigned and seven out of 10 times you won't get assigned. And in that math, right? The the way that math works out is you can sell puts like seven times in a row, essentially, on average before you get assigned. Amazing.

[00:11:08]Amazing. Amazing. Amazing. So, yeah, if you sell that, then you get assigned three out of 10 times. And once you're assigned, that's fine, right? You want to own the stock anyways, right? You only sell puts when you want to own. If you don't want to own, then 30 delta does not make any sense. If you don't want to own the stock and you're just trying to play like let me show you something like really risky. Let's go to like, I don't know, this is like really really popular stock, IonQ. It's been really popular quantum computing stock that a lot of like YouTubers are pumping. but I'm going to show you why 30 Delta here is probably just not going to really um be be uh the best. So, you can see it in the last 3 months this stock's up 51%. Implied volatility is going to be very, very different from Amazon. So, if I go to sell Let me go to sell put here and let's go for the same expiry. We're going to see that Well, we can't go for the same expiry. We have May 29th, so it's like 9 days, but pretty similar here. So, if I go for a 30 Delta, it will be Let's see. Let's see what this Delta is. 33 Delta. Okay, so exactly like uh what we saw on Amazon. So, you can see here the percentage return is very, very, very extremely different from Amazon. And that's because the implied volatility is 95% here. Okay, so if you're looking for retirement income, something that has lower implied volatility will definitely be less income, but it could be more stable long-term um like performance versus something that's super volatile like IonQ for example. I mean, look, the the max profit is is $163 divided by, you know, 4,400. I mean, it's essentially That's like 4% or higher. That's like a 4% for like a week, which is like obviously too good to be true. Like this is too good to be true to consistently make it. I will say like the chances of making 4% per week consistently is like near, near zero because you might not think that's a lot if you're like a beginner, but if you're like an advanced trader, if you're someone that's approaching retirement, you know like this is BS, too good to be true because 4% a week on a monthly basis is 16% on a yearly basis, that's like 200% or something. And if you were to do that for like 5 years in a row, I don't know what that math is, but it's insane. Let's ask ChatGPT right now what that would be. So, let's say 4% per week if I were to do that for 3 uh for 5 years consistently on a starting capital of Let's do 50K, which is Some of you guys have, some of you guys have more, but this is just an example.

[00:13:26]Starting capital of 50K, how much would it be compounded in total at the end?

[00:13:33]Give short answer and percent return only. Okay, so let's see what this would be. But you'll see why like this is just way too good to be true. So you can see here that $50,000 compounded 4% per week for 5 years would become approximately in a hugely unrealistic number. Like do you think that like I just proved the point why over 5 years this would be consistently done would be some insane number and that would be your total percentage return. So you know this would be an example of why 30 delta just Yeah, you can do it but this is because IonQ is so volatile this implied volatility. This delta is technically not really as safe as as as it would be on Amazon. Although it's still a 30 delta there's still a 30% chance of happening. There's just way too much volatility in the stock and this is the realized return will just be completely different. This is an example of like not achieving consistency.

[00:14:26]Um but let me go down to something that's probably more like like very Well, actually no, you could see how here it's like worth nothing.

[00:14:33]Let's go to the 40 40 strike price. A 10 delta would not be worth it. So you can see here how a very high implied volatility stock can be very difficult.

[00:14:41]Also these are not reflective cuz the market's not open yet. Let's go to 45 and let's just see what's going on here.

[00:14:45]28 delta. Yeah, still not good. So you can see how this this stock particularly I really wouldn't even sell put options unless you really really want to own it.

[00:14:53]Here's how I also use delta in practice.

[00:14:56]I pull up an option chain for something like Meta. Say Meta's currently trading for 640. I scan the puts and I just look for the most simple delta which is 30 delta and then I analyze the premium and I see for myself is the premium attractive? I take the premium and I divide it by the strike price to see what the return is for that period. This tells me how much money I am making. So for example, let's say that there is an option that has a strike price of 80 and the premium has, you know, $4. Well, I would take $4 and I would divide it by 80 and I would get a 5% return. And if that option is expiring in just 3 weeks, well, that means I can make 5% in 3 weeks and that tells me if the option is attractive or not. That's one of the key components because you can find a good stock, but if the option doesn't pay you that much premium, then it's not that attractive. And one of the key components, by the way, of an attractive option is higher implied volatility.

[00:15:46]Let's quickly show you an example of what higher implied volatility does to an option and how it affects the Greeks and how it affects the option premium.

[00:15:55]Now, let's talk about the relationship between delta and time, two very, very important metrics, okay? So, delta and time is very fascinating. As expiration approaches, delta moves towards zero or towards one, okay? It's one or the other. It's not going to stay the same because if an option is out of the money, then it's going to move towards zero. As expiration approaches and that option is nowhere close to the strike price, then it's going to go towards a zero delta. However, if it's in the money, okay, the closer goes to expiry, it's pretty much for sure going to expire in the money, right? So, imagine you sell a put option on Meta at 640 and, you know, Meta is at 680. Well, that option is going to be, let's say, a 30 delta. As time approaches, that 680 price and the 640 strike price, they're far away from each other. And because they're far away, the option will go from a delta of 30 down to 20, down to 10, down to five, and down to zero on Friday of expiration will be basically 0.01. It'll be something really, really small, right? And then it'll expire out of the money, right? Now, on the flip side, if Meta ends up going down to, I don't know, $590, which is where support is at, right? I was looking at Meta this morning as I'm making this video, 590 is the support, okay? If Meta ends up tanking, it goes to the support level and it stays at 590, well, that's an in-the-money option. It's below the 640 put option that you sold and for that reason, the delta is going to go towards 100 at expiration. So, it's going to approach one. It's going to be a one delta, which is for sure going to happen, right? For sure it's going to expire in the money, and then for sure you are going to get assigned on that sell put option. There's no middle ground, okay? The only middle ground, really, and this is super, super rare, is if you sell a 640 put and Meta is at $639.99 on that Friday of expiration, then yes, it's going to be around a 50 delta.

[00:17:41]There's a 50-ish percent chance of that happening. Delta's also really affected by volatility. When volatility increases, out of the money deltas increase and in the money deltas decrease. So, everything moves towards 0.5. This is why during market panics, even really far out of the money put options can have a surprisingly high delta because investors are panicking, they're scared, and there's more possibilities of lots of volatility, so anything can happen. If anything can happen, then the deltas become around 0.5. It's, "Hey, maybe this will happen, maybe it won't." There's no real conclusive delta, and it actually increases delta for out of the money options because those options may become in the money due to volatility. Later on in this course, I'm also going to give you a free gift and a very interesting analysis when we get into our live trading. I'm going to be looking at some of the implied volatility factors, as well as other factors of the option chain that are going to help me make decisions on the trades that I'm going to place. And again, I hope I don't let you down. My goal is to collect $5,000 worth of premium in that live trading session. All right. Now, let's dig a little bit deeper and talk about what you need to be aware of when you're selling put options. Selling put options can feel like free money, and it's really good, and in a way it is pretty much free money, but of course, there's nothing really free in life. There is some risk that you're taking. And anyone who tells you that this is risk-free is lying. A sell put option can go against you because the stock can fall. But again, if it falls, you have to just understand your positioning. You have to understand where are you right now?

[00:19:14]Because a stock can fall down and a stock holder will lose a lot of money.

[00:19:19]The sell put will also lose some money.

[00:19:22]However, it will have some more cushion versus a stock investor. The biggest risk is really assignment on a falling stock. If a stock ends up crashing, you will get assigned and your assignment price will be a lot higher than the current price of the stock. If you sell a put on a stock at say $100 strike price and that stock drops down to $7 and you're assigned, now you own a $70 stock, but your cost basis, your average cost is $100. So even with the premium collected, let's say you collected $5, your average cost is going to be 95 while the stock is sitting at 70. What do you do in that case? Well, this is where the stock selection process comes into play because stock selection is everything. Option strategies are not that difficult. Once you get through this course, which is not that long, you'll understand selling puts better than almost everyone else out there. But stock selecting, this is the secret sauce. This is a really important factor because you can be great at options, but if you select the wrong stock, you will not be the most profitable trader. So you should only sell puts on stocks that you genuinely believe in, that you have done research on, that you find a good support level at and I'm going to be showing you that in the live trading portion. I'm going to be looking at support and I was looking at meta. So that's going to be one of the trades that we're going to be looking at as well as some cheaper stocks because if you have a smaller portfolio and you're a beginner, I'm going to be looking at some stocks that are going to be under $15 per share as well. So there's going to be some really good, really knowledge and actionable insights later on. Also, keep in mind, selling a put option feels amazing, but there's still opportunity cost because you are tying up capital, okay? When you sell a put option, I sell cash secured puts, meaning I have the cash available if assignment were to take place. So, when you sell a put option, your cash is tied up as collateral. If you sell a $300 put option on Google, that is $30,000 that is locked up for 1 month. It's locked up. You can't do anything with that capital. It is being used as cash secured money that may get assigned for that put option, right? So, you can't use that capital for anything else, which is why it is an opportunity cost.

[00:21:38]If another stock drops, say 20% or 10%, you really want to sell some put options, well, too bad. Your cash is committed and is tied up. So, make sure that you don't have any commitment issues, all right? And jokes aside, if you have committed the capital, from that point, you just need to make a decision. Does it make sense to close your trade and deploy that capital where it's more efficient or have that capital stay in one spot? That's going to be a question that we'll answer later on in this course. Your account size does affect your strike selection as well.

[00:22:10]With a smaller account, you might need to make more aggressive plays. You'll also have to go for cheaper stocks that may be less than $20 per share or $10 per share. With a larger account, you can afford a lot more conservative plays and go for bigger stocks. Maybe that's Tesla or Meta. Those stocks are going to be a lot more expensive. If you have $10,000, you're not going to be able to really sell a put option for a stock that's worth $30,000. You're going to have to position size accordingly.

[00:22:39]Market conditions should influence your strike prices as well. In a raging bull market, in a high momentum market, you can sell put options a lot closer to in the money, right? Or at the money. You can sell put options are closer to the money because they're not going to really expire in the money anyways. All right, guys, let's talk about an example of selling a higher delta put option and when that would make sense. So, Amazon stock has been performing very, very well. It has pulled back a little bit recently. Let me just show you the chart before I show you why selling a 40 delta can be okay and even 45 delta on Amazon.

[00:23:11]So, if I go to the last 1 month, you'll see that essentially Amazon is is up and it's doing, you know, very strong results, 5% over the last 3 months, the stock has performed extremely well at 27%, right? So, this stock has basically reached the new kind of support level, very high point. It's not at its like peak peak, but it's near its peak. So, essentially here, if you want to be part of the momentum and we see the stock continuing to grow. It doesn't have to be Amazon, I'm just using an example, but I I do think Amazon will continue and hit something like $300 per share.

[00:23:38]Um they have earnings on July 30th. So, you know, as we continue to kind of rise here on this stock, input any stock that you wish, and you want to get entry into the stock and it has a strong support.

[00:23:49]As you can see, this stock is not really pulling back much. There's just a lot of support and right now it's back down to this support level on April 28th, but like 3 weeks later. So, here, if you really want in on the stock, you really want to participate in the momentum and you'd be upset or you would feel, you know, you would feel FOMO from missing out on some of the gains, then it's completely okay to use a higher delta in order to actually pretty much get assigned. And if you don't get assigned, then you are still collecting bigger premium. See the 41 delta. This is This is nice. And you can see here that in the next 7 days, this is going to be a more attractive return, right? Before we were looking at uh 255, which was just short of 1%, where here a higher delta like 41 is going to have a return here of $315, which is going to be closer to that 1 and 1/2% territory. That's a lot more attractive and on a safer stock like Amazon, which has lower implied volatility, which the momentum is strong and looks like it's at support levels, has some decent support from investors, then it's absolutely okay to go for a higher delta such as 40 or even even 45.

[00:24:52]In this case, we're not going to There's no option in between 257 and 260, right?

[00:24:55]We could do 258, 258 and a half, but that is just not available as an option.

[00:25:00]So, in this case, this would be kind of the best best choice under a 50 delta.

[00:25:05]Because once we go to 260, now you can see because this option is in the money, it has a 50 delta. However, I will say that this is also okay because this would be considered an at the money option. And at the money option, it's okay to sell if, you know, we have strong support and Amazon just inches up a little bit higher, you're not even going to get assigned. And now the return here is absolutely getting into the wild territory on a weekly basis, especially on a like a safer um stock, which is a mega cap like Amazon. So, something like a 50 delta is okay as well in this specific situation. In a choppy or bear market, give yourself more cushion, okay? I just showed you an example of giving yourself less cushion, but when volatility is higher, give yourself more cushion. When the VIX is specifically high, the VIX is a fear gauge on Wall Street, if it's above 20, I will automatically move my strikes a lot lower. I'll go 5% further out of the money and I'll go for deltas that are lower. My exact process is that I pull up a chart of a stock, I identify where I want to own it, I check the technical support levels, and I calculate premium as a percentage of strike price. And then I adjust based on my market conditions. It really just takes 30 seconds once you've done it. One quick tip for you is that I never sell put options that expire right after earnings unless I'm specifically playing volatility crush and I understand the risk. Because oftentimes what happens is that the option pricing will be elevated, but it's elevated for a good reason because many times a stock could have a very volatile reaction. So, if your goal is to acquire the stock for a cheaper price, that's good, but earnings can be a very difficult period because sometimes stocks can come crashing down 15 or 20%. It's really just difficult to protect yourself in general with any earnings. So, with that being said, market crashes also, of course, affect puts simultaneously, right? There is an impact whenever the market makes a big move, whether it's through earnings or news or just regularly through a market crash. In March 2020, everything dropped 30%. It didn't matter if you had diversification across different stocks.

[00:27:03]Every put was in the money. This is why position sizing and cash reserves are crucial. You need to survive crashes to thrive in the recovery. And in bull markets, of course, it's easy to make money. And in neutral markets, sell puts are really actually excelling because because when a neutral market is happening and the stock market is just going sideways, selling puts is actually beautiful. Puts can do actually pretty well in crashes because they're not going to do well only compared to cash.

[00:27:31]If you have cash and you predicted the market crash, congratulations, you predicted the market crash. But there's a joke that's like, you know, Michael Burry, the famous short seller, he's predicted about 27 of the last three crashes, right? I always joke around when, you know, clients tell me, "Oh, Michael Burry is short and this person is short." Like that person is always the bear. He's been short for years, man. He's like 27 for three. He's predicted 27 crashes and three happened.

[00:27:55]Yeah, he's always a bear. So of course, when the crash happens, of course, he's been a bear. So of course, he's right.

[00:28:00]But the other 24 times, he hasn't been right, right? So a sell put is actually going to be very good. Unless you're trying to time the market, which if you're a beginner, if you still believe in that, just just subscribe, watch more of my videos. It's it's really not possible to time the market. Nobody can consistently do that over any long period of time. But if the market is super, super bullish, then you should watch one of my LEAP videos and just use LEAP options, right? That is a good strategy, but again, it cannot be the majority of your portfolio. By the way, if you want more specific trades, if you want me to analyze your portfolio and show you how you can get to retirement step-by-step and help you along the way, the Option Retirement Academy is a fantastic place to learn from me one-on-one as well as two other coaches.

[00:28:37]It's currently still a very small group, so this is a better program than everyone else's just simply because you get a lot more attention. So the value that you get for the smaller price than everyone else is a lot better for you.

[00:28:48]So, if you'd like more information on achieving retirement, if you want personal help, if you'd like to really have mastery over option trading, then check out the description and you can learn more about the coaching program that I have here with the Option Retirement Academy.