I’ve been looking at opportunities for selling stock options this week and I came across a great income-producing trade on British Airways owner IAG shares that I wanted to tell you about.
Watch this video to learn how to produce income from selling stock options on IAG shares.
In essence, the IAG investment is a classic FIRE Revolution trade. I initially selected the IAG shares for their fundamental properties. Then I checked the chart to see if this was a ‘good’ time to enter a position. Technical analysis is as much an art as a science but I do find it helps to avoid the odd elephant traps that the market sets.
Once, I’m happy with the fundamentals and the technicals for a stock I will analyse the different puts available to get a feel for risk reward profiles of each. We use several spreadsheets that have been developed over the years to help with this task. These are an invaluable part of the training programme and used by all our clients.
The final step is to actually place the order. We ‘work it’ until it is filled at the best possible price. And that’s it. We have now sold a put option on IAG shares.
If you want to understand more about the FIRE Revolution income strategy, you can get the low-down here.
You can also take a look at these 3 short videos where I answer the top 10 FAQs about the programme.
Third Friday Ltd are not regulated by the Financial Conduct Authority and the FIRE Revolution training programme is purely educational in nature. Under no circumstances do we provide any financial trading or investment advice. Any examples used are for educational purposes only and should never be construed as advice. We accept no responsibility for any investment losses you may incur. Please consult a financial advisor or other qualified professional if you are in any doubt as to the suitability of the strategies we teach.