How to Turn $3,500 into $13,000 trading Facebook (FB)

Learn how to trade facebook stock options like a pro! Tyler Chianelli, founder of OptionTradingCoach.com shows you a glimpse at how to turn $3500 into $13,000 in just a few months trading LEAPS options on FB.

Comments

1. How far out of the money do you buy your LEAPS?
2. I wasn't doing options or LEAPS back then but I did buy 1500 shares which I still own. I bought them in April 2013 at $25. In 2014 I started to have some success selling puts and buying calls on facebook. What I have now is 19 2018 $155 calls. I did roll out some from $115 to $125 and rolled those out to the $155 and added more. I am up about 20% now. I am also selling out of the money puts for June 2017 $110 and $120. If it pulls back a bit after earnings and depending on their forcast I Might buy a few more. I just started Visa, 4 2019 $100 calls. I have 1 2018 $80 call that is up 25% might roll it out to the 2019 $100 and start adding more. Since I am a long term investor it made more since to do LEAPS. My succes rate on 3 to 6 month options just wasn't cutting it. Thanks
3. the picture is too blurry to see
4. Is it true that thinkorswim charges you to take money out of your account?
5. Do you have to own the stock to profit from selling a call/put options?
6. It was in the high 70's near the end of expiration. Imagine the profits!
7. Sweet, your leaps method sounds good as long as your directional move is fairly calculated like.. FB, NFLX, JBLU..