Reset Bull Put Spreads Portfolio to Cash Ep 3 | Lock in $1016 Gain | Saylor Financial Fundamentals
🎉 Portfolio Reset: $1,016 in Gains Locked In! 🎉 Ready to make a fresh start with more than $2800 in cash. (Look for Ep 4, coming soon.)
In this video, I share an update on my bull put spreads portfolio, which I just reset to cash while locking in $1,016 in gains! While I did pay back a portion of my profits to close everything out, the reset allows me to diversify and build a stronger portfolio moving forward.
Prior to the reset, I had closed positions in GLD and QQQ to expand and repair my IWM and SPY spreads. Now, I’m ready to start fresh with smaller spreads, four tickers, and a variety of expiration dates to better align with my trading goals and strategies. This reset gives me the flexibility to manage risk, diversify my positions, and rebuild a portfolio I feel confident about.
Whether you're new to options trading or a seasoned pro, this series offers practical insights for navigating real market conditions. Follow along as I show you exactly how I balance risk, manage trades, and grow my portfolio in real-time.
👉 Subscribe for future episodes, where I’ll share trade setups, rolling strategies, and tips for mastering bull put spreads!
📊 Want to take your trading to the next level? Comment below with your questions or thoughts—I’d love to include them in future videos.
If you're new to bull put spreads or looking to build a foundational understanding of this strategy, check out my 5-part Bull Put Spreads Educational Series. In those videos, I break down the basics, how to set up trades, calculate metrics, and manage risk step-by-step. Watch the educational series here. https://www.youtube.com/playlist?list=PLw9q3DlnLl3BtKuzVkyAAVt1ah8jzr8HN
Follow my options trading click by click on the ThinkorSwim web based platform at Schwab. I trade cash secured puts and covered calls and buy shares to hold for dividends and capital gains.
If you're looking to deepen your understanding of financial markets and master the art of options trading, you're in the right place. I aim to provide you with insightful, easy-to-follow content that can help you become a more confident and successful trader.
I invite you to visit Saylor Financial Fundamentals. My website offers a wealth of resources, including links to comprehensive courses, detailed articles, and practical tools designed to support your trading journey.
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Thank you for watching, and happy trading!