Selling Puts How To Close and When To Take Profits

I am selling puts and then will go through how to close and when to take profits. This video shows a successful trade from start to finish.

Selling puts is where you obligate yourself to buying 100 shares at a specified strike price with an expiration date of your choosing. You get paid upfront an option premium for doing so.

My logic is generally to sell puts with at least a 70% chance of profit and a 4 week expiration date. If the stock goes up the premium will fall and if I am over 50% profit I will buy back those contracts cheaper and pocket the difference in profit.

Watch this video all the way through to understand the process from start to finish.

Watch Our Other Educational Trading Options Videos!

Beginner Series Buying Options
https://youtu.be/ea8gJSVyjjA

Beginner Series Selling Options
https://youtu.be/vJy6KNTHGAk

Beginner Series Credit Spreads Explained
https://youtu.be/STxh_i8bbNI

Beginner Series Call Debit Spreads
https://youtu.be/zXAOB6CibB4

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Disclaimer: I am not a financial advisor and this is not financial advice. This is just how I find the best stocks for my own portfolios and my process I use to trade options to generate profits.

You can watch the videos to learn the process. This video is for educational / entertainment purposes only. This is not a recommendation to buy any stocks or securities.