Trading Stock Options for Fun and Profit
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 25 November 2020
⏱️ 69 minutes
🧾️ Download transcript
Summary
My friend Ryan Coisson and I have the same side hustle. We've both built successful e-comm businesses and both have a fascination with the stock market.
But we're not day traders! To us, that seems like no way to live… eyeballs glued to ten different screens, blood pressure through the roof, making hundreds of trades every day.
No way. Instead, we're hooked on trading stock options - and we only spend a few hours a month, tops, doing it.
Ryan Coisson's my mentor in this arena, and I brought him into The One Percent to talk about it. Of course, neither of us is an investment advisor… this is purely for entertainment purposes.
Tune in, and you may just discover that this stock investment strategy gets you jizzer-jazzered up, too!
Transcript
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| 0:00.0 | What's up everybody? I have a confession for you. I have a side hobby, a side gig that I don't talk about very much, and it's called trading options. Yeah, I make my money in my businesses and I invest the profits, but I also have this little side thing where I, well, I trade options and I really, really enjoy it. |
| 0:23.6 | I actually have a personal goal that I want to make $25,000 a month just trading options |
| 0:28.6 | because if I can crack that nut, then it's just a cool thing to be able to, you know, no matter what happens in the world, |
| 0:36.6 | I can still trade my way to, you know, no matter what happens in the world, I can still trade my way |
| 0:38.4 | to, you know, a mid-six-figure income. And that just sounds really cool to me. And the reason I'm |
| 0:45.5 | telling you this is because we're doing this series, we've been doing this series inside the 1% |
| 0:50.2 | about investing and passive income. And I thought it would be really cool to share one of the ways that you could generate enough |
| 1:01.1 | capital to be able to put into the long-term stuff that generates more passive income and wealth. |
| 1:10.6 | And one of those ways for me is that I'm trading |
| 1:14.1 | options. And I am not an expert at this stuff. I am still learning this stuff. I'm an idiot at this |
| 1:20.2 | stuff. I'm not licensed for this stuff. You shouldn't listen to anything that I say about this stuff. |
| 1:25.7 | So I brought my mentor, the person who has been |
| 1:29.1 | teaching me about this, onto one of our live streams inside the 1%. And we go through how it works |
| 1:37.9 | and why he does it and what his thought process is in this episode. Now, we are just able to scratch the surface on this time together. |
| 1:48.4 | It's going to get you enough to be interested at it. |
| 1:51.6 | We are doing a live class together where we're going to go into more details. |
| 1:56.1 | Ryan has like an official presentation that he goes through that will really help people |
| 2:03.0 | get started if they want to do this. And you can join that. That's on December 1st, 2020. |
| 2:09.6 | And you can register at capitalism.com slash options. Now, if you're listening to this after |
| 2:17.1 | December 1st, we'll, uh, I'm sure we'll put the replay |
| 2:20.2 | up at that link. |
| 2:21.9 | If one exists, I actually don't know how, if Ryan wants me to do that, but go over to |
... |
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