• The Option Genius Podcast: Options Trading For Income and Growth

  • By: Allen Sama
  • Podcast
  • 5.0 out of 5 stars (2 ratings)
The Option Genius Podcast: Options Trading For Income and Growth  By  cover art

The Option Genius Podcast: Options Trading For Income and Growth

By: Allen Sama
  • Summary

  • Let's talk trading. Especially how to trade options for income. Whether you want to trade for a living, have a side hustle, or make extra monthly income from stocks, this is the place. We are here to help individual investors learn to trade options in a way that is simple, fun and profitable. The goal is to help you achieve Freedom. Financial freedom so you have no more worries about making ends meet and so you have more than enough for safety and security. Time Freedom so you can do what you want when you want. And Choice Freedom so you can live your life on your terms with no restrictions. We call it living the Option Genius Lifestyle. Where you can earn consistent monthly income by selling options using safe, conservative strategies. We place high probability trades and earn market beating returns in a way that takes just a few minutes a day. Listen in to learn how you can do the same. Hear from professional traders that have beaten the game. Some of the strategies we discuss are covered calls, naked puts, credit spreads, vertical spreads, iron condors, butterfly spreads, calendar spreads, strangles, straddles, and more. This podcast is about how we trade options and how it lets us life a lifestyle other people can hardly imagine. Trade from anywhere in the world, for just a few minutes a day, in a way that is super safe and can still make more than the averages? Listen in to learn how and check us out at OptionGenius.com
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Episodes
  • These Unloved Stocks are Exploding in 2024 - 181
    Apr 16 2024
    Hey there, if you're looking to invest in 2024, you've probably already heard of the AI boom and how those stocks have already taken off and gone into the stratosphere, you've already probably looked at the weight loss drugs like Eli Lilly and how that's already exploded and gone into the stratosphere. And you've probably even looked at, you know, the mega cap tech stocks and how they've already taken off and gone. So far so high? Well, there is one sector, it's an unloved sector, but it is on fire and it is going to do amazing in 2024. That's what I want to talk about today. So what is this sector? Well, it's not really a sector, it's more of a commodity, which commodity? Well, it's not the normal ones you normally think about. It's uranium. So if you look at uranium prices, uranium prices have doubled in the last year, and they're probably going to double even more, I don't know more than double, but they're gonna go up continuously, maybe even doubled this year that those are the expectations. Why? Because uranium is used in nuclear power plants. And more and more countries are getting away from coal power plants are shutting their coal ones down. And they're building nuclear plants. Only problem is there is a shortage of uranium. So uranium only comes in a few places. It doesn't come from everywhere, you can't mine it everywhere. It's only in a few countries and only in a few mines. And creating a new uranium mine takes millions of dollars and years of planning and research and development to actually get the uranium out of the ground. So right now there is a shortage of uranium. But the demand continues to explode. Pun intended, right. And so that is why your energy prices continue to go higher and higher and higher. Now, if you were companies starting to do a uranium mine, right now to take advantage of these higher prices is going to take you years before you get your money back. And before you even start mining. So the companies that are already there, they already have mines, they are making a killing. And they're making more and more money because their costs are staying relatively the same, but they're making more money when they sell their uranium because the prices continue to go up. Now you can go ahead and check to see a chart of uranium and see how it's going from the bottom left to the top right, and how it continues to grow. Now, if you look at some of the companies themselves, they're doing great as well. There are companies that do mining, they're also ETFs that can only focus on the uranium. Now normally, if you are looking at a miner versus the commodity, you will make more money on the miner than the commodity usually, because there's more Alpha there, there's it can grow faster. But the uranium utility or ETF are also going to be doing very well as well. You might even even get into the futures I haven't even checked to see if there are futures. But that might be an option to play as well. So why is uranium prices going up? Well, one of the reasons is because of the explosion in or not the explosion, but the demand for more nuclear power plants, right? For energy, because the world continues to need more and more energy and wind and solar are not getting the job done in terms of renewables, because of battery power problems. You can't store the energy, so they need a different source. Nuclear is one of the cleanest ones out there. I don't want to get into the politics of it, but it is very clean. And it's a very powerful source of energy. So we have a imbalance in supply and demand. Right. One of the largest mines of uranium is in the country of Kazakhstan. Now Kazakhstan puts a limit on how much uranium is allowed to be mined every year. And so, the main mind there, they announced a few months ago that they were only going to be able to produce about 90% of that limit, because of their own little internal problems. Recently, about a week or two ago, they announced that they're only going to be mining 80% of their prediction, and that chant that sent prices up even higher. And if you look at the price charts of some of these companies, you'll see, there was a big gap on that day. So these are companies and stocks that are not going to go up, you know, 500% in a year, like on the video, right, but they are slow and steady, and the train has not left the station, they've already gone up a lot, they've already more than doubled. But there's a lot more room to go. And that's why I think in 2024, uranium is going to be a very hot ticket. Now there are some ticker symbols that I want to give you. So you can take a look, put them up on your charts, see which ones you like, if you'd like them, great. If you don't, no worries, the first one is CCJ. Okay, this is probably the biggest company out there. It's a Canadian company. And it has mines all over the world. So this one, if you're looking for the biggest one, the more reliable one, I think this is the one that you can look at. Now, ...
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    10 mins
  • Passive Trading Part 13 - 180
    Apr 9 2024

    OptionGenius is turning 15 years old in February!

    As part of the celebration, we are releasing the audiobook of Passive Trading for free!

    If you would like to get the physical copy, head to

    https://passivetrading.com

    Show more Show less
    22 mins
  • Passive Trading Part 12 - 179
    Apr 5 2024

    OptionGenius is turning 15 years old in February!

    As part of the celebration, we are releasing the audiobook of Passive Trading for free!

    If you would like to get the physical copy, head to

    https://passivetrading.com

    Show more Show less
    22 mins

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