Hey, what's up you two? I'm Zeke and welcome to the dream green show and the last couple videos I showed you how you could two extra money in options three extra money in options and then seven extra money By playing options and you guys absolutely love those videos. She hit that thumbs up and so many times But in those situations it was showing you how to make money in a non Volatile market when now that the market is kind of volatile That means that the market is not trading sideways anymore It's either going up or it's going down by the couple of presents every single week and in this video I'm gonna show you guys how you can not only two extra money But you guys have a chance to make an unlimited amount of money in this video So let's just say 10 extra money and one option trade in a volatile market So in this video, I'm gonna show you guys a quick setup and exactly how to enter this option Trade and only takes two legs, so it's very simple guys But before we dive into this video this video is brought to you by we both sign up now by clicking the link down in the description The positive five dollars and now you can receive two free stocks Vade up to 2300 dollars which are two free stocks you could keep them inside the platform and decide to use it Or you can sell those two free stocks and withdraw all of your money is literally free money Also, there's a new app out there called Moo Moo sign up now by clicking the link down in the description The positive 100 dollars and now you can receive up to four free stocks and since there are new brokers Apple new broker company there are tons of ways for you guys to earn free money over on Moo Moo Go ahead and pick up those four free stocks sell them but draw all of your money if you want to or you could keep them inside of the Platform and decide to use it I'm gonna leave the link to weibo down in the description and I'm also gonna leave the link to Moo Moo down in the description Make sure you guys pick up your free money But enough talking that's going ahead and I'll straight into this video Welcome back dreamers here. We're on some of my right-win hood account. I'm seeing that 64,756 56 cents that's going to hit and show you guys the setup that is looking pretty good right now We're looking at charge point and what I mean by the market is volatile Let's look at the last week is down 9% alone if we would have did this option strategy Last week we will have made so much money guys But it's down 9% of the last month is down 17% but over the last three months You guys can see that it started to make a double bottom if we look at the year It has a good support around the $20 price range $20 price range $20 price range and now we're approaching the $21 is dollar surprise range so once it always goes around $20 it kind of make a little bounce back So this can be our opportunity to make an option trade inside of a volatile market that can make us an unlimited amount of money Whether the stock goes up or whether the stock goes down We're gonna make money no matter what as long as the stock do not trade sideways But before we set it up charge point is a company that is the world's largest Electric vehicle charging station company Electric vehicles is the future guys so investing to charging stations like charge points or Tesla right now It's like investing into chill and different oil and gas companies and different gas stations back when Himmary Ford made the first Ford motor vehicle guys so so investing into electric charging stations would be Just like investing to gas stations way way way back in the day when the first combustion engines first came out So this is a very long term play for me, but as I see that's approaching at support level me But putting in our option strategy to where if the price goes up or the price goes down I make money because I know that around the 20-ish dollar price point it usually makes a move soon or a later So how to set this up we're gonna hit trade down at the bottom going to click trade And then click trade options All right, so we're gonna go out a week in advance on next Friday would be August 27 you could pick a week out of advance you could put two weeks out in advance and the first thing that we want to do We want to buy a call. This is going to be our first leg So let's say charge point right now is at $21 and 44 cents and we're saying that it's not gonna be at $21 and 44 cents so let's pick the price closest to it Which would be 2150 so we're gonna hit select at the top right you guys have to go into your options and Enable them advance option trading it takes half a second to do that You just go into your options hit advanced option trading, so you guys will have access and you guys have access to put in multiple options on one trade So we're gonna hit select at the top right and the first one we're gonna do We're gonna buy a call closest to the share price So we're gonna buy the 21 50 call and that's gonna cost us 69 cents Multiply by 100 shares of $69 the second thing that we want to do we're gonna buy a put So buying a call is betting that the price goes up Buying a put is betting that the price goes down 2150 is gonna cost us 96 cents per share times 100 shares so 96 dollars. We're gonna hit buy right there So at the bottom you guys can see that we have two options selected at the same price betting that it goes up Our betting that it goes down and this option strategy on rival hood is called the straddle So this is called the straddle strategy betting that the price is gonna make a move and not trade sideways So the break even price for us guys if you take a look right here We have an unlimited amount of money that we could make it says unlimited so you could ten extra money But as long as charge point right here does not in the week at 23.015 cents Or $19.85 since as long as it don't end and between these two price ranges right here We're gonna make profit and since charge point has been moving down 9% 15% over the last month I think it's gonna make a move pretty soon. So along with this trading about 23.015 cents that we go guys We will be in profit all the way up to whatever price that on charge point when it go to and if charge point goes Bank rope and she was all the way down to zero dollars with you have a max game of $1,985 And all of this is gonna cost us just $100 and 65 cents remember it says $1.65 Multiply that by 100 shares and that will be $165 so so we have an opportunity to have an unlimited amount of max profit And what's best about the strategy is that we have a set max loss There's no way that we can lose all of our money of our account our set max losses 165 dollars so let's go ahead and pull up the option profit calculator just to take a closer look at it Welcome back Germans here. We are on the option profit calculator We're gonna do a custom one. It's just gonna be too late. So we could click the shadows But let's just go ahead click the two legs right here. So once we do that the the ticker symbol that we're looking at is charge points with the CHPT Charge point and get the price there goes 21 26 now We're the first one that we're gonna do is buy that is us buying a call We're gonna select the options buying a call at 2150 By one and in the second one we're gonna buy a Put and then 2150 Which is right here 96 and then Agreed to the terms and conditions and let's say charge point drops all the way down to 18 Let's say it drops all the way down to $16 with it possibly could and let's say it shoots all the way up to $32 Which it possibly could we're gonna hit calculate and this is gonna show us our profit So there it goes guys our max loss will be right here 165 dollars to lose 100% if it stayed if it trades in between if it trades in between around $23 and 250 will lose our money where we lose some of our money But if it's around 20 my 50 will lose all our money as long as it's above $23.50. You guys could see that we can have profit all the way up to 536% soft off 135 so all for 165 dollar trade we could be all the way up to $885 profit and just a single week guys and yes charge point could shoot all the way up to 32 Dollars and just a single week just remember last week and went down 9% A loan if we would have did the strategy last week we would have made so much money guys and let's just say charge point Do shoot down if charge point does shoot down you you could make profit while charge point is going down While you are holding on to the stock long term and there we go guys That is the option strategies the straddle strategy that you guys could implement It's very simple as two legs well. I'm trading inside of a volatile market all the other strategies was trading inside of a market That's not volatile and this one we're trading inside of a market that is volatile So if you see a stock has an up-cunning Upcoming earnings of point or in danger of losing their dividends Then you guys could put the straddle strategy on if it has an amazing earning report in the stock shoot up You will make money if it has a horrible earnings report in the stock shoot down You would make money so you guys could learn how to make money while the market is still volatile But let me know what you think about the strategy down in the description make sure you hit that thumbs up button and Subscribe to this channel and also hit that notification bell It helps out this channel more than you guys can even imagine pick up your two free stocks from weibo and pick up your four free stocks from the new app Moo moo Um, they're offering a ton of ways to earn free money over there on Moo moo But other than that guys if you want to pay attention to every time I buy and sell stocks I'm gonna leave a link to my patreon down in the comment section over there I post every time I buy and sell different stocks if you guys want to keep up with my portfolio It's amazing community over there. So if you want to join that that link would be down in the comment section But other than that I'm Zick bring you to dream green show and I'm out peace