Thanks for the shout out! Ace Stock Options has hit the ground running since inception and most recently hit a record day closing collectively over 30k in profits averaging over 35% return of investment per month. Most importantly, ASO is focused on creating a community focused on learning, sharing ideas/news, and technical analysis. I encourage anyone that wishes to check it out use discord.gg/Kw2t63W and mention "Think Money" for a sneak peek behind the scenes with the team. Benny, see you tonight during our Wednesday Night Owl Session at 9:30.

This is helpful. Thank you so much!

Thank you

Thank you 🙏 for sharing this!!!

Great video explaining covered calls

Very helpful Benny. Hope all is well! Miss the videos man.

Nice video and channel. Keep it up bro. Subscribed 💪

Congrats on hitting 60K. On the flip side, to close the trade early, "buy to close". Thanks for sharing Benny.

Keep grindin boss I appreciate the content!

Thanks! I should have been doing this for the past year and a half with all those GME and AMC bags I've been holding :D

smashed the like and redbutton. great option trading tips.

Hi Think Money , thanks for showing how you placed your cover call using Fidelity.Thanks a lot. Can you also show how you sold call you placed using Fidelity?? I use Fidelity and wanstocks I own and want to see what options to slect when selling the covered calls Can you please do a video or can you explain what you did to e/sell your covered call for 50.30$ profit? thanks a lot

Hey man.... nice channel 🙂really nice breakdown of the process 👍

Bro how come my max loss says "unlimited"?

New subscriber, nice job with Stephen Gardner!

That beanie is OG. Great video man!

i searched that exact same phrase and found your video. I wasn't entirely sure I had done my call right so it was good to see someone else go through it on fidelity!

Man the vibe in your vids is awesome. I've been trying to do some more research into options trading so this was def on point

Bro I’ve watched hella of vids that are about selling/buying puts and call, and literally not a single one I could understand. Your explanations are the only one that sunk in, so thank you brotha!

♠️ LinkTo ACE STOCK OPTIONS Discord: discord.gg/7fv8EBW

I'm out of my usual "watch zone" with this video but I wanted to help you grow - I actually enjoyed your video as it was made well and was engaging. Keep up the great work!

Tutorial soo informative thats why you grow

Thanks. What are the book titles on the left of your laptop?

Sell closer to the ask instead of the bid. Unless you want to get filled faster

I'm finally on Fidelity and closed my Robinhood account. I was just doing some research on options trading when I ran across this vid. I happen to have some Altria already, it's like a sign.

Hi ThinkMoney, I am trying to join the discord ,but what else to do to get the buy and exit alerts?Please let me know whats the money based on the money I will plan on joining or not

great video breaking down covered calls! 👍looking forward to more content

Thanks for the tut. I recently switched from M1 Finance to Fidelity just so I can do covered calls on 100 shares of stock I own for extra income

IF the covered call drops dramatically BELOW the Strike price... if there any negative for us?

Congrats on 60K! I think I'm gonna hit 20K by the end of August.

Great strategy man! It's always good to show this and to let other people know to do their own research as well! Love it!😁

Quick question I want to sell a covered call on Fidelity but my shares were purchased various prices - when it comes a time if the option is called do you know - how fidelity selects the lot or shares? Can I indicate which ones I want to be sold?

Smashed the like button. Thanks for the tip, I am going to try it out. Let's go Fidelity. Great content, enjoy the many colors in your vids. Subscribed!

Can you do a covered call roll over in Fidelity for a example?

I just found and subbed. I look forward to supporting the channel...

I'm learning more about options trading. Don't know if I'll end up using it, as I don't know enough about it. But I'm glad to know how to do it on the Fidelity platform. Great video!

Options were difficult enough in my chartered training let alone trying to do it myself 😂

I might have missed it in the video but I'm assuming you actually already own 100 shares of Altria, right? What you just demonstrated was a NAKED call. Is there a way to tie the shares to the same trade or do you have to buy the shares separately?

If your trade expires, how do you get your shares back into your portfolio? Do you buy to close? I want to try my first trade option but want to know how to get my shares back if it expires. I need to bring my cost basis down since I bought these shares a few years back when price was high.

I found it!! Thanks Benny, Your channel is extremely helpful!! Cheers!

So to sell to close? You have to have buy to close first?

Question with fidelity its 65 cents to trade a option, so if selling a call contract is that 65 cents times 100 ? 65$

Great work! Great information 👍👌

It took me a while to figure out options trading and to be honest, I'm still figuring them out. Not sure I'm ready to begin trading them yet. Awesome video!

A good strategy to pair with covered calls is CSPs -- that way you can do the wheel!

Dumb question (just trying to learn options) When you sell covered calls can you just do nothing and let it go to the expiration day or is it on you to sell it before/sell it manually?

Very easy to follow. Options are powerful, congrats on the milestone Benny!

I havent ever dabbled in options so it was nice to hear about them so im mot fumbling in the dark. I love Fidelity too! Great video, youve got yourself a new subscriber :)

I have a SPY Leap 2023 in my Fidelity Roth cash account already. Trying to sell a PMCC, but getting the following error "Your order will leave your account with an uncovered option position in cash. Please review your order." Any idea what that means?

Hey Benny, thanks for the how to video on covered calls. I don't think it's for me but I can see how one can make good money if they know what they are doing

You always have awesome advice Benny! I really appreciate all the valuable info you always provide.

Great video Benny, I am new to buying covered calls on Fidelity. Is there a way I could ask you a question about the process. I just bought my first contract about 2 weeks ago. My question is around if you are worried about the stock increasing a lot, how do you get out of the contract. Scott

Can you sell options without holding 100 shares of a stock?

Great strategy 👍🏻📈

Thanks for the video! One question, if I own the underlying stock, who does the preview page (on Fidelity) show an unlimited loss potential?

Yo Benny, do you know how to sell the PMCC on Fidelity?

Good video, but I wish you hadn't sold at the bid. My understanding is that's leaving alot of money on the table and that you should always try to sell closer to the mid point.

100k (net worth) is getting closer and closer for me. (54k today) 🤫

I've used paper trading on TD Ameritrade Thinkorswim and I get the options filled, but I have no clue what to do after you fill the order. I want to use puts to buy my 100 shares so I can make a little extra money for placing the order. Well, when I get filled I'm not sure how to turn the put into 100 shares. I'm considering switch my entire savings and checking to a Fidelity checking account that I can use to trade with. Been trading for about 4 months now and I'm trying to get into covered calls and puts but the Thinkorswim platform is starting to piss me off. lol Everyone makes videos on how to buy and sell the options but I'm wanting to buy 100 to 500 shares buy using puts instead of just buying them from active trader. Just frustrating the hell out of me. I'm sure I'll figure it out sooner or later. Thanks for this video. Was looking for something like this to help me decide if I want to switch. Subbed, liked, and ticked the Bell!

What is a cover call .

Yay! You brought back the beanie. I don't know why I'm so happy about it.. hehe. Okay, now to watch the rest of the video.

Loving the content Benny. I’m personally taking advice from you and really appreciate the details and replies to questions.

What does limit price mean?

I don't think fidelity is all that. Usually takes an hour or more to get them only the phone. I like branches though. I can usually drive downtown and get service quicker than I can get them on the phone.

Gotta love that you’re rocking the beanie in this one haha!

Are you still selling covered calls with MO ?

So does the contract close automatically when it hits the strike price?

Hey man, thanks for making this! Where do I see the premium prices?

I just got approved for options (I can only sell covered calls for now). I plan on doing my first covered call sometime next month just to get some options experience.

Hey Fam, dope video. I also use Fidelity. Can you show an example of selling a put? Thanks

How do you see how much of a premium you'll make?

Hey Benny ! I just wrote a $300 covered call on FB. The status is still open, would I still be able to get the premium ?

Those options are no joke. Definitely going to look into ASO, see what I can learn from there.

Cool video man. Recently I've been trading options on Robinhood, and I started off well but last week lost $13k... nice to see how it works on fidelity anyway! Thanks for sharing!

Is Fidelity strict with their options approval?

Would you recommend that strategy for beginners? Congrats on your milestone!

Wow 60K!!! Great job. Una casita

Great vid that made me feel a bit more comfortable with the platform. Thanks for making it.

Thanks, this is very helpful. However, I did my first covered call yesterday on ABEO and it appeared red (as in losing money) on my "Positions" tab despite the ABEO price being higher than when I initially purchased it. Why is that? Is it that it's calculating the missed opportunity of being able to sell the covered call at a higher premium? Any help would be much appreciated.

Are your covered calls in the money or out if the money when your write them? I.e. do you write them at a strike price above the current price or below it?

How do you do that on the phone point of view? That’s the real question

might be a dumb question, but you own the 100 shares right? so if it hits 42 you get your profit plus the premium, and it doesn’t hit 42 you just get the premium and hod the 100 shares?

is there a fee when you sell a covered call?

dope video homie. Always educating and congrats on the 60k milestone! Question "When purchasing a stock for income, Do you look for dividend growth or do you look at current dividend yield and why?" Thanks Ben!

Can you do a buy call on Fidelity trading option.

Can you send me the discord link couldn’t find in description

Aww, thanks for the shout out. /blush/

Is option trading for beginners?

you called Fidelity & axed them?

That A.C. is probably pumping if your wearing a hat.🥶

Hi friend i joined you and sending you my gift and warmest hug. All package done! Hope to see you and stay connected. God bless you!

Good video, it's too hot for a hat. Lol

Support +++ and stay connected thank you somuch 😀

To tell you the truth, I don't really understand Cover calls and because of that I'm a little intimidated by it. I mean, is it like a bet you are placing? Is it like, I believe this stock will go to $42 by July 31st? So how do you make money from that? I'm so confused. And you can lose money if you are wrong, right? O.o

Hey can you please make a video simply explaining how this process works step by step it is really confusing

NICE! I just found your channel and love how you explained it and how you're like me and wont use those newbie brokerages ... why would you use Robinhood? STEP UR GAME UP and get off the kiddie rides ... dump Robinhood and use a FULL SERVICE Brokerage ... its about building WEALTH not just trading ... and Fidelity has ALL the services (stocks, IRA's, college accounts, so on) Thanks again and keep this ROLLIN! YT search my Covered Call channel ... *Core Position Trading* peace

😴