Rising Star

This Trader Grew $90,000 to $130,000 with These Option Selling Strategies

By:Eric Villa

Watch the video that shares his transformation from a $5,000 account and no trading experience to a tastylive Rising Star

Have you heard the story of a young man from Jersey who dared to challenge the established norms of finance? Khalid, this week’s Rising Star, used to subscribe to the notion of market efficiency, believing the key to financial gain was a simple buy-and-hold strategy.

However, his understanding of finance took a turn when he stumbled upon a series of enlightening whiteboard videos, research materials and debates between Dylan Ratigan and a mysterious beret-wearing options trading expert. Thus began a few years of immersing himself in tastylive, even reaching out to Tom Sosnoff via email. With starting capital of $5,000 and, admittedly, a few setbacks along the way, he stepped into the trading arena with newfound zeal.

Khalid's journey is a classic success story from the tastylive tenets for success. In just one year, he harnessed the power of tastylive’s quantitative premium selling strategies. The result? A staggering 44% return on an initial investment of $90,000. This achievement served as the cornerstone for his ambitious plan of amassing lasting wealth through the art of options trading.

But Khalid's story is not just about triumphs. It also includes lessons from his worst trade—a chapter every trader inevitably encounters. Moreover, he reveals his preferred products for trading, shedding light on his strategic choices. To maintain his edge in the ever-fluctuating market landscape, he adheres to a particular philosophy that keeps him humble and aware. 

Khalid also shares the mechanics he employs to manage short premium positions. These insights are invaluable for traders aspiring to understand the finer nuances of the trading game.

Are you intrigued? Eager to walk alongside Khalid as he tells Tom Sosnoff of his journey, filled with highs, lows and a wealth of insights? The video above offers a window into the mind of a trader who defied convention, embraced knowledge and emerged victorious in the complex realm of options trading.

Eric Villa is a YouTube specialist at tastylive. 

For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.

Trade with a better broker, open a tastytrade account today. tastylive, Inc. and tastytrade, Inc. are separate but affiliated companies.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Related Posts

tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastylive is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.  Options, futures, and futures options are not suitable for all investors.  Prior to trading securities, options, futures, or futures options, please read the applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange-Traded Options Risk Disclosure found on tastytrade.com/disclosures.

tastytrade, Inc. ("tastytrade”) is a registered broker-dealer and member of FINRA, NFA, and SIPC. tastytrade was previously known as tastyworks, Inc. (“tastyworks”). tastytrade offers self-directed brokerage accounts to its customers. tastytrade does not give financial or trading advice, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastytrade’s systems, services or products. tastytrade is a wholly-owned subsidiary of tastylive, Inc.

tastytrade has entered into a Marketing Agreement with tastylive (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade. tastytrade and Marketing Agent are separate entities with their own products and services. tastylive is the parent company of tastytrade.

tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. Neither tastylive nor any of its affiliates are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

© copyright 2013 - 2024 tastylive, Inc. All Rights Reserved.  Applicable portions of the Terms of Use on tastylive.com apply.  Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastylive’s podcasts as necessary to view for personal use. tastylive was previously known as tastytrade, Inc. tastylive is a trademark/servicemark owned by tastylive, Inc.