What up Bros Nation. This your boy Stevie Bee coming back with another low cost option strategy you can use to triple and even quadruple your investment. Before we get started I need you guys to help me out. Hit that like and subscribe button. It helps the channel out tremendously. Also, if you’d like to be notified the moment a video drops hit that notification bell. Finally, you guys can check out the podcast on Spotify and support the movement by clicking the link (https://linktr.ee/moneytalksundayz) in the description box.   

Ok let’s get to it.   

So how can I 4 times my money and how much is it going to cost me? 

Remember  a couple weeks ago I did a video on tripling your money with the Long Call Condor Spread? If you didn’t see that video pause this video and go to the Money Talk Sundayz channel and check it out or click this link (https://youtu.be/flHYDWsdCCU?t=562).   

The method is similar to the previous one but in this instance we are doing only PUT options. It is called the Long Put Condor Spread. Here is how it works. You want to select a stock that has been moving reliably for the past month or so roughly about a half a point to a point either up or down. So yes… we are dealing with stock that is moving sideways. A good example of that would be Apple stock. From month to month the stock price has moved steadily about a point and a half or so. Not volatile at all.   

You don’t want to use this strategy on volatile stocks!  

Again, you do not want to use this strategy on volatile stocks!  

Moving on.   

Once you have your stock selected it’s time to move on to your favorite trading app and put in the option play. Keep in mind this play is all put options. With that being said:  

Step 1: Go to the options screen in your app and select Put. First thing we’re going to do is sell 2 puts.  

Step 2: Select the sell put option right above the share price.   

Step 3: Select the sell put option right above the previous put option.   

Step 4. Switch over to the Buy option and select the buy put option right above the previous sell put option selected.   

Step 5. Select the buy put option directly below the stock share price.   

And you’re done.   

Once you have those options selected, you’ll be able to see your max loss and max profits. As you can see your max loss is only the amount it cost you to make the play. On the flip side your max profit is 4 times or a little more than the money invested to make the play.   

And just like that you’ve managed to still create income in a sideways market.   

I hope you enjoyed this information and found it useful. If you did, please drop a like and subscribe. Leave a comment and let me know how it worked out for you. Now you don’t have to sit around and watch your portfolio tread water for weeks in a sideways market. You can now still make steady gains even while the market seems stagnant.   

This has been Stevie Bee. Thanks for tuning in to the Money Talk Sundayz Channel with your Investment bro. I look forward to sharing more new tidbits that come my way with you all. Together we can do this. Let’s make the most of this market and get what’s ours. If you have a request for a how-to video let me know in the comments or dm me. Your video might be the next one I do! Until next time, the marathon continues.