Comments for #1 Options Strategies Center

Comment on Lesson 3 by Chris Douthit

Chris Douthit — Sat, 26 Jul 2025 01:44:42 +0000

In reply to Pal4mas21213. Nice work!

Comment on Lesson 19 by Chris Douthit

Chris Douthit — Sat, 26 Jul 2025 01:44:07 +0000

In reply to Roldan400. When an iron condor moves in the money, you’ll most likely want to close the position. If the premium you initially collected is greater than the cost to buy it back, the trade is a winner. If the cost to close is higher than the credit received, it’s a losing trade. Keep in mind, you typically only need to buy back the side that’s in the money, while the other side can often be left to expire worthless.

Comment on Lesson 1 by Chris Douthit

Chris Douthit — Sat, 26 Jul 2025 01:41:55 +0000

In reply to AlanK. Which part do you disagree with? When you sell a put option and it ends up in the money, it's only a concern if the price drops below your breakeven point. Even then, you’re still in a stronger position compared to having bought the stock outright from the beginning.

Comment on Lesson 19 by Roldan400

Roldan400 — Mon, 19 May 2025 18:07:10 +0000

Hi. I am loving the videos as they are clarifying a lot of concepts to me. In the example of the Iron condor, the short 55 call finished $2 in the money. We received $250 for the trade and at expiration we still have $50 of value in the trade. Right?

But don’t we have to close the trade to avoid assignment? Say today is 0dte and you know one leg is in the money, how do you manage the trade? You will use the $2 intrinsic received to buy back the call and still profit 50? Am I missing something here?

Thank you so much!!

Comment on Lesson 1 by AlanK

AlanK — Tue, 25 Feb 2025 16:06:12 +0000

I do not agree on Question 2. If you sell an Put Option, you do keep the premium, however, if it goes ITM you are exercised with more dire consequences.

Comment on Lesson 14 by Pal4mas21213

Pal4mas21213 — Sat, 01 Feb 2025 23:48:58 +0000

So far I understand everything, but I will need to put everything in practice.

Comment on Lesson 10 by Pal4mas21213

Pal4mas21213 — Sat, 01 Feb 2025 00:06:29 +0000

I got one wrong, but that help me to understand better.

Comment on Lesson 9 by Pal4mas21213

Pal4mas21213 — Fri, 31 Jan 2025 23:51:03 +0000

Great!

Comment on Lesson 8 by Pal4mas21213

Pal4mas21213 — Fri, 31 Jan 2025 23:38:29 +0000

I keep getting, but I believe will be more interesting in the road.

Comment on Lesson 6 by Pal4mas21213

Pal4mas21213 — Tue, 28 Jan 2025 23:19:24 +0000

Great