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    Trading Long Strangles for Passive Income: A Great Passive Options Trading Strategy: Financial Freedom, #204
    Trading Long Strangles for Passive Income: A Great Passive Options Trading Strategy: Financial Freedom, #204
    Trading Long Strangles for Passive Income: A Great Passive Options Trading Strategy: Financial Freedom, #204
    Ebook85 pages56 minutes

    Trading Long Strangles for Passive Income: A Great Passive Options Trading Strategy: Financial Freedom, #204

    By Joshua King

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    About this ebook

    If you let it, trading options can be the most emotional way to earn money. We must put aside our temperaments for the greater good to achieve a consistent income.

     

    Long strangles aim to earn you profit no matter which direction your stock price moves. However, you'll need to take profits early because your options decay daily on the market.

     

    My goal is to earn 5-10% of my invested income on each trade. So, if I buy $8,000 worth of puts and calls, I want to make $400 to $800.

     

    You can make much more if you keep your money on the market longer, but I choose to enjoy my life and keep my earnings relatively passive. To each their own. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateOct 26, 2023
    ISBN9798223797661
    Trading Long Strangles for Passive Income: A Great Passive Options Trading Strategy: Financial Freedom, #204

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      Book preview

      Trading Long Strangles for Passive Income - Joshua King

      Table of Contents

      MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

      Trading Long Strangles for Passive Income

      All Right Reserved Military Family Investing | 01  Trading Long Strangles for Passive Income

      02  High-Yield Savings Account Year in Review 2022

      03  Treasury Bill vs. Treasury Bonds vs. Treasury Bonds

      04  The Six Types of Income Investing

      05  Selling Covered Calls for Passive Income

      06  Selling Cash-Secured Puts for Passive Income

      07  The Options Playbook

      08  Financial Freedom Road Trip #2: Options Trading

      09  Dividend Investing vs. Options Trading

      10  Happy Cash Flow Retirement 10

      Try Something New -Free PDF Download

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      Also By Joshua King

      MILITARY FAMILY INVESTING

      Joshua King

      Home of the Free PDF

      www.militaryfamilyinvesting.com

      Trading Long Strangles for Passive Income

      A Great Passive Options Trading Strategy

      01  Trading Long Strangles for Passive Income

      02  High-Yield Savings Account Year in Review 2022

      03  Treasury Bill vs. Treasury Bonds vs. Treasury Bonds

      04  The Six Types of Income Investing

      05  Selling Covered Calls for Passive Income

      06  Selling Cash-Secured Puts for Passive Income

      07  The Options Playbook

      08  Financial Freedom Road Trip #2: Options Trading

      09  Dividend Investing vs. Options Trading

      10  Happy Cash Flow Retirement 10

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      Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)

      Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)

      Latest DGWR: Don’t Gamble with Retirement 11 (Free 410-Page PDF)

      Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)

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      PDF of the Month: Don’t Gamble with Retirement 11 (Free 410-Page PDF)

      Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

      All Right Reserved Military Family Investing

      01  Trading Long Strangles for Passive Income

      Trading options on the stock market is not for the faint of heart. However, you have come to the right place if you want big returns (for taking big risks).

      Trading options can be a very emotional experience because the stock market can make you feel like an idiot sometimes.

      Therefore, finding the options strategy that works for you is necessary. You’ll need to dabble in the market to learn your temperament and find the best fit.

      Dividend Investing through Turbulent Times

      Start with dividend investing. I recommend starting your options journey with a high-yield savings account, Treasury Bonds, and dividend investing.

      Why start with these much slower, lower-paying strategies to earn passive income? You’ll need to understand the weight of yield before trading options.

      For example, a high-yield savings account may pay you 5% interest PER YEAR. If you invest $8,000 into an HYSA, it’ll pay you $400 per year, $33 per month, or $7.70 per week.

      A good Closed-End Fund like Pimco Dynamic Fund (PDI) may pay you 11% PER YEAR. If you invest $8,000 into this CEF, it’ll pay you $880 per year, $73 per month, or $16 per week.

      The numbers when trading options can be outrageous, so you’ll need to keep yourself grounded in reality. If not, you can succumb to the cycle of greed and fear.

      Becoming an Entrepreneur #6: Creating a Sales Funnel

      Getting started with options trading. Once you have a handle on yields, you’ll want to squeeze options trading into your daily operations.

      I

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