Now I know who's taking my money in the options' market
@SagarRBiswal
4 жыл бұрын
lol
@qiyangxu7872
4 жыл бұрын
wow my most liked comment on youtube. thx boys & girls
@Bogdanbmm
3 жыл бұрын
@@qiyangxu7872 haha great one :))
@Bogdanbmm
3 жыл бұрын
Epic comment haha
@saireddy6261
4 жыл бұрын
This is probably one of the best videos I have seen that articulates the application of theory to the real world. Thanks Mark. Please keep making more of such videos.
@saireddy6261
4 жыл бұрын
@@akankshakumari0708 I would like to help you. But unfortunately I am not qualified enough to answer your questions. Thanks.
@tuanmai1235
4 жыл бұрын
This is God's work. I'd love to see you having a podcast, selling merch, etc...
@vort8976
4 жыл бұрын
I second this
@shubhanshumehra4123
4 жыл бұрын
A mark meldrum podcast would be amazing
@timothybracken1728
3 жыл бұрын
Second this
@preetjain720
3 жыл бұрын
He already sells merch on his website
@7346908
4 жыл бұрын
Kind and humble of you Dr Mark. You didn't put a pic of Lamborghinis and chicks on your left right yet you made a best content
@carlosfigueredo5682
4 жыл бұрын
The best takeway from this entire business is the "treat it like a business" advice.
@oliveiraphael
3 жыл бұрын
Exactly that.
@Oetti
4 жыл бұрын
Yes! Today is a scheduled break in my CFA Level II prep, but I still get new Mark Meldrum content to consume…Thanks Dr. Meldrum
@Oetti
4 жыл бұрын
And lemme just add I also haven’t gotten a haircut since about 3-4 days before the quarantines began here in the SF Bay Area…so I have solidarity with you in the “I’ll get a haircut after I don’t need to first get my Last Rites before setting foot into the barber shop” sense, Dr. Meldrum…we are not alone!
@barackhussainobama7336
4 жыл бұрын
Hey, how is your prep going so far?
@tellurium96
4 жыл бұрын
How do you do your prep?
@Oetti
4 жыл бұрын
@@tellurium96 I broke down my studies in the order of CFA Level II topics that Dr. Meldrum prescribes in his videos. I have a whiteboard where for each topic I'll lay out *day-by-day* the readings/video lectures/notes/practice problems I need to do. I insert a good deal of "break" days either for actual breaks or to act as shock absorbers if I fall behind, say three break days per month. Periodically I'll re-write whatever portion I have left for each topic to re-calibrate/re-adjust what's remaining, all with a realistic eye of finishing on time per the schedule I originally prescribed myself. This way I'll have gone through everything thoroughly by, say, mid-October and have way more than the minimum recommended four weeks to review. The postponement of the exam came as a blessing to me, I would absolutely have NOT been ready for June.
@albano2910
2 жыл бұрын
He definitively knows the stuff...genius level....he does not need the CFA charter, the CFA charter needs him
@daviddoherty6527
5 ай бұрын
Bit late to the party on this video as it’s a couple of years old - but this is hands down one of the best videos on investing I have ever watched. Focusing on one industry to become an expert is something I had never considered but it makes perfect sense. Many thanks for sharing your wisdom! 👏👏
@avideh.mahdavi6311
4 жыл бұрын
Thank you Dr Mark for taking the time to make this video. It would be great if you could create more videos with applicable contents. I studied Finance and Economics but ALL the courses I took was so abstract. Your university students were really lucky.
@donesteban1947
4 жыл бұрын
Really enjoyed that analogy of drawing a parallel between the risks of investing in the market and the risks of starting your business. Lots of people see investing in the market as a "casino", sometimes including myself and I have to watch out for that bias. Appreciate tying the CFA content into practical day to day investing as a retail investor, it helps see that knowledge in action!
@Plmxns
Жыл бұрын
some of Mark's videos deliver catharsis to me. This one is of that kind. Mark is definitely a teacher in a wide meaning of that word.
@muhammadkazimali9657
4 жыл бұрын
This one completely changed one's mindset as a retail investor - Long term approach, volatility is opportunity, passive approach is like slow & steady wins race.
@chandrakantjangam8016
4 жыл бұрын
Great Fathers Day gift. I am L1 Dec-2020 student. Thank you very much Mark.
@alexhutcheson8467
4 жыл бұрын
This video was awesome. Super interesting to not just hear your opinions on markets, but to also hear what strategies you use based on those opinions, how to adjust if the market is moving against you. I also really like how you talk about options, and say why you buy them at X strike and Y expiry. During my undergrad, it was a lot of "here is what a call is, and here's why you would want to buy/sell them, and here's how to value them", with little guidance on when you should consider ITM/ATM/OTM, when you'd prefer certain expiration dates over others etc.
@James-ct6pe
4 жыл бұрын
wow! One hour video, we are in it a for treat boys.
@Asteria_Inc
4 жыл бұрын
ah! I am so addicted to Mark!
@Oetti
4 жыл бұрын
Xu Tan me too! Dr. Meldrum is a badass. Really grateful for his content
@luminousblue1539
Жыл бұрын
You are so wise. It's a privilege to watch your videos.
@redtoyotacorolla
4 жыл бұрын
Good Morning Professor! Glad to see coverage over residential/commercial REITS this morning. I am also long REITS for the time being as I see a reversion to mean especially in office space. I have exposure to New Residential, Invesco mortgage, MITT, pennsylvania trust. etc.
@oanairani41
4 жыл бұрын
Thank you very much professor. This video is gold, teaches us how to think and how to use options in different market conditions. I can't tell you how many times I sold covered calls on down days and lost all the upside when the stock recovered few days later. Please make more videos like this when your time permits and thank you again for sharing your knowledge with us.
@Goldbell30shoe
Жыл бұрын
Mark , you are such a great teacher.
@tantricsurfer
8 ай бұрын
The best instructional video I've ever seen
@gradoscapital
6 ай бұрын
Mark, this is brilliant. I can't believe it's free content haha! Thank you
@mehsanm
4 жыл бұрын
This is absolutely gold!
@MrLevent79
4 жыл бұрын
This is the 4th time (I think) I am watching this video and I still learn from it. Uh.. I wish we could get more of these videos! Thanks again Dr. Mark
@MarkMeldrum
4 жыл бұрын
You can register at www.markmeldrum.com for free - you will get the complete Applied series there for free.
@aman4434
4 жыл бұрын
CS grad with a new found interest in finance. I guess I'm lucky to have found your channel early in life. I'm not from the US but I find your videos insightful nonetheless. Thanks Mark!
@MogulProductions
4 жыл бұрын
@@gwills9337 Can you recommend other youtuber related to this topic? :)
@aman4434
4 жыл бұрын
@@gwills9337 yes I have realized that if it was actually possible to make money, many smart people would already be very rich. I'd like to dream I could somehow be *that* guy, but I have quickly become wary of the *chaotic* nature of markets that you talked about. Also, I think psychology plays an even bigger role than I read about right now. There are a HUGE number of people who are totally unaware about how the market functions (including me, till a while back) and I actually feel that herd mentality is understimated. I am realizing slowly that there is a LOT to learn in this field, and tbh it excites me. It also seems funny how people try to use basic machine learning models and a couple of headlines to make 'stock market prediction' projects (without basic financial knowledge) when there are actually too many factors to consider. I'll check out the link you mentioned, thanks!
@blakecallison9552
4 жыл бұрын
I don't comment on many videos, but the fact that you provide this quality of content for free to the community is amazing. Glad to have been recommended to you for my CFA level 1 study material.
@junal27
5 ай бұрын
Excelent video, thank you for sharing your approach. Respectfully.
@AndrewTJohn
4 жыл бұрын
Thank you for this video Professor, Really enjoyed watching and taking notes on your approach to PM.
@nikolastakic3725
4 жыл бұрын
Very insightful and priceless Dr.Mark, thanks so much! It's a shame that non-EU countries from Eastern Europe (i.e. my homecountry of Serbia) are too constrained with the extraordinary trading fees through various platforms, some of which are even affiliated with Interactive Brokers. This is especially true for the options, with the usurious fees and demotivation of even trying to think about various option strategies! I have a huge problem implementing my CFAI knowledge due to mentioned reasons. Alternatively, if we want to open account directly on IB, there are problems with foreign transfers and withdrawals, which are again, ultimately complicated and expensive.
@weisheng1457
4 жыл бұрын
I love watching your videos Mark. Absolutely solid stuff - All the way from Singapore
@BerryURL
4 жыл бұрын
Thank you Mark! I always learn something new listening to you. I’ve just ordered all the books you recommended on the previous video. Didn’t even have to pay for them. I know what I’m reading this summer for sure! I’m 19 and I aspire to have your kind of knowledge one day. A special thanks from Italy. See you in the next video. Lorenzo.
@daniel4178
4 жыл бұрын
Hi, I completely agree, his videos are extremely valuable. May I ask you which are the books he recommended? Thank you very much in advance!
@christophermonin2503
3 жыл бұрын
This is a fenomenal video. I just discovered your channel Mark, and you’ve instantly drawn me in. Keep up with the incredibly useful content!!
@stratixfinance
2 жыл бұрын
Thank you for this video. I did not watch it yet, but you are a LEGEND so...
@richardgordon
3 жыл бұрын
Great video! Interesting, inspiring and even funny 22:38 "Hertz,.... the stock is worthless, we have no idea why people are buying this...."
@ToanBui-vl7lw
2 жыл бұрын
We love you Dr. Mark
@supert5
4 жыл бұрын
Just want to give a huge thanks to your video. Ive been able to climb myself out of the gutter ever since watching your video. Thanks. I hope you could give more tips on managing portfolios
@gustavoscairato3314
2 жыл бұрын
I sleeep well knowing that Mark is out there somewhere
@jackmoretti7943
4 жыл бұрын
I think I'd find it more difficult not to watch all of this video, such great value.
@bRANKLATA1
4 жыл бұрын
Great content Mark. Please keep these videos coming. Thank You for Your valuable insight and willingness to share with us!
@AF_Piano
4 жыл бұрын
Outstanding content, as always
@aleyyomonsanto7283
2 жыл бұрын
This video gave me ton of knowledge and insight!
@florianberthier962
4 жыл бұрын
simply brilliant , thanks Mark ! greetings from France
@chakavak2015
4 жыл бұрын
For all the time and energy you put to come up with rich content videos like this and for sharing your deep knowledge and experience with others: THANK YOU! As much as I try to skip many other so-called investing videos out there that KZitem recommends, I am always waiting to watch your next. I hope I/we can do something to increase your number of audiences. If there is anything, I would love to do voluntarily.
@user-cu9ld2jt2v
4 жыл бұрын
Truly appreciate your great work to share and help people~ Thankyou Professor🌻
@angeloibrahim4487
4 жыл бұрын
This is amazing. Thank you so much!
@simonroese2596
2 жыл бұрын
Thanks man Mark minirvini and you are my fav
@devilalive23
4 жыл бұрын
Thanks for great content. Please keep them coming. Super informative!!
@s2kcolin780
2 жыл бұрын
Thank you for sharing your knowledge
@darcebrooks5409
3 жыл бұрын
Thank you for sharing knowledge to those who were never taught, new subscriber here
@teragreg2927
2 жыл бұрын
Your North View Apartment REIT example reminds me deeply of Warren Buffett’s “risk arbitrage workouts” during his partnership years back in the ‘60s.
@marguz99
4 жыл бұрын
Wow! Excellent video, you got a new subscriber. Please add more videos showing this type of hands on, practical stuff. Specific examples would be appreciated. Thanks again!
@manjitmalhi5911
4 жыл бұрын
Pure gold! Very well put and great advice.
@Vishal-ih3tc
3 жыл бұрын
Man, I miss these videos! Mark, please make them more...
@vincentchow6448
3 жыл бұрын
I cannot believe I watched the entire video. It didn't feel very log, either. I'm not even involved in the CFA, although I do manage my own portfolio full-time. I wish I saw this earlier - it would have reduced the duration of my learning curve substantially.
@hbahou
4 жыл бұрын
Fantastic video as always Mark !!!
@asadfazla9225
3 жыл бұрын
How this video not have a million views is beyond me!!
@K1Assassin2012
3 жыл бұрын
Honestly if Dr Meldrum had not been successful in all the things he does, he would have 10000% made it as a comedian, I crack up every time he talks about greasy technical analysts with their shirts unbuttoned half way 🤣🤣🤣👌🏽💯
@sumedh235
4 жыл бұрын
Hello professor. What in your opinion would be a great rate of return for a portfolio? Do you like comparing it with the benchmark? What target return in your opinion is not delusional and realistic? 20%? 15%? Is the realistic return different for full time traders and part time traders? Would be great you to get your views on this!
@majedti4126
4 жыл бұрын
the S&P returned 10%+ per annum . and it depends on your age, goals, experience, time horizon, risk attitude and tolerance. MM isnt a trader, he's an investor first and foremost.
@imeldomarcos4126
4 жыл бұрын
Thank you professor mark .
@morgandavies7898
4 жыл бұрын
Thank you for this video Mark!
@AS-kh9uc
4 жыл бұрын
Thank you Dr. Mark, very helpful!
@kokher1751
4 жыл бұрын
Thanks Mark that helps a lot! always inspiring
@marketacumenacuity625
Жыл бұрын
Thank you.
@evantaurins8899
4 жыл бұрын
Such a fantastic video, a sophisticated yet graspable strategy for a retail investor (like myself). Two questions I was hoping you could answer Professor: 1. Looked at like a business, what initial investment would a strategy like this require? 2. What indicators do you use to determine a likely up or down trend? (macro, news related, technical etc?)
@MarkMeldrum
4 жыл бұрын
1. That is all relative to the person. 2. That is a book chapter, not a comment. Plus years of experience. And even then, its just a best educated guess.
@ellenw756
4 жыл бұрын
Great content. Thanks professor!
@jasonduryea6714
4 жыл бұрын
Doing gods work
@torontovalue
4 жыл бұрын
Hi mark! Awesome content! Not my main job but I ve sat for CFA I and II, candidate for Level III now. Haven't taking your courses but i know your focus is on making the students learn the concepts and not only pass the exam. Given the angle of this video, have you thought about creating a course for CFA holders dedicated to retail trading strategies? Would definitely subscribe to that one given the professional approach you take to teaching :) thanks again!
@timothybracken1728
3 жыл бұрын
Thank you for this mark
@ang-en2ki
4 жыл бұрын
Very nice video! Thank you so much!
@alastairmartin7944
2 жыл бұрын
This is great🙌
@Tglizzy_
Жыл бұрын
This video really made a lot of things click for me. Have watched it several times and it is surely one of the most valuable videos I've ever watched. Thanks very much Dr Mark. I do have a question if you ever come back to these old comment sections: Would it still be wise to use puts to add positions in a small-mid sized retail portfolio (say $50-100k)? For instance if I was into the tech sector and I wanted to add an AAPL position, selling a put and getting put the 100 shares at say, $175, would use almost 20% of the account's capital. I could just purchase shares but then I lose out on premium, or I could target lower priced stocks, but then I feel like I'm not really targeting the stocks I'd want to own most.
@wm6549
2 жыл бұрын
I used to sell puts and calls until I realized I was limiting my upside too much. Another negative to this strategy to me is that some of the stocks I would be put turned out not good investments.
@zackv2408
4 жыл бұрын
Really great video thanks
@TheBlackCeaserXIV
4 жыл бұрын
LOL!The impact of the Robin Hood post on LinkedIn
@henryperez7678
3 жыл бұрын
Any other great you tubers like this?
@somehowie
3 жыл бұрын
5:13 Looking back, though inexperienced retail investors created the most recent market turmoil, "noise traders" are necessary to an economy in the sense that they help the movement of capital. In other words, they are more likely to lose money to more experienced retail/institutional investors who are able to make good decisions and allocate resources well.
@fk2338
4 жыл бұрын
very eye opening. Thanks.
@william_8844
2 жыл бұрын
42:14 how do you manage your cash. Is your cash sitting there waiting for opportunity......and it's not earning much. Just curious
@xiangpengxiang6636
4 жыл бұрын
Thanks Mark!
@faresserhan
4 жыл бұрын
Hi Mark, this was a great video and would love to keep hearing more from you maybe a podcast? General market thoughts?
@Bogdanbmm
3 жыл бұрын
great stuff ...
@rubentje325
4 жыл бұрын
Hey Professor Meldrum, first of all thanks a lot for this video. It contains a wealth of information and made me instantly like and subscribe. I have been researching and investing into the stock market by myself for a few years now. I only recently started trading options and thought I knew what I was doing. The market downturn of the past few weeks got me caught out losing a ton of money. This really helped structure my thoughts around options and how to use them effectively to your advantage. Do you have any specific tips on starting out using this method when you have a relatively small budget size to start with? I have about 10-15k USD in my portfolio at the moment. I only recently started working professionally and seriously earning money to invest. Thanks in advance.
@Notcho-mama
8 ай бұрын
"Follow thine teachings and Thou shall profit. " Mark 2:13 The Meldrum Bible.
@shivammehta377
3 жыл бұрын
Thanks for the video Professor. Would request you to provide some insights / video as to how do you structure a portfolio - number of stocks , weightages and drawdown acceptable and when to book profit. Do we grow the corpus size or book a percent of the profit and balance reinvest? Have read about all this but in actual practise have not found any great leads on this matter.. basically the end goal is to beat the benchmark but how to manage that consistently?? Would be of immense help if you could guide on this matter! And thanks for the great work you provide!
@gregorypesic992
4 жыл бұрын
Hi Dr. Mark, How much liquidity do you maintain? Specifically, I wonder how you decide on a cash position that allows you to take advantage of opportunities, build positions, etc.? Thanks and regards!
@MarkMeldrum
4 жыл бұрын
I don't use margin, so even if I use all my cash, I have a very large amount of margin to use (at 30% margin, I have 3.33X leverage).
@JaKi052
8 ай бұрын
What would you do if you more focused on growth rather than income? thank you
@johny321
4 жыл бұрын
Mark, thank you for taking the time to share your strategy with the markets. I was wondering if we could get your thoughts on the popularity of technical analysis and CFAI concluding that it isn't really a proven alpha generation methodology. The other question I had was, are you selling naked calls and puts or do you always own the underlying? I know alot of brokers don't allow the naked option strategy.
@MarkMeldrum
4 жыл бұрын
I typically own the underlying to sells the calls, unless I am engineering a synthetic short on a name. Naked puts however. But if they are put to me I have the ability to buy them. I typically never sell more than 40bps or 50bps in put premium against equity value. So $100K in equities for example, I will sell up to $500 in put premium per month.
@kamalakannangunalan
4 жыл бұрын
Thanks for the time you spent for us Sir,All the puts and calls are calls are without any hedge so selling requires huge margin how will you finance them. will you give the shares as colletral or pay the margin required.
@MarkMeldrum
4 жыл бұрын
Securities in the portfolio act as margin. I also stand ready to buy anything that is put to me. Further, all the calls are covered call, when I do sell calls.
@kamalakannangunalan
4 жыл бұрын
@@MarkMeldrum Thanks for the reply.
@robertogualano1929
4 жыл бұрын
Mark, thank you for another incredibly useful video. However, although very tempted, I am really struggling with the idea of selling options, especially naked puts. I am a big fan of Taleb's work and ideas on black swans, and although I completely agree with you on the concept of selling puts on an underlying that I would want to buy anyway at a lower price, the risk of ruin in the highly unlikely event of the underlying's price collapsing for whatever unexpected and unforeseeable reason is quite frightening. I always have in the back of my mind the expression "picking up pennies in front of a steam roller". It would be great if you could provide your thoughts and maybe a different point of view on this issue. Thank you very much again for the great videos.
@MarkMeldrum
4 жыл бұрын
What would be the difference if you owned the stock? If it crashed - you would lose more. The put premium covers some of that loss.
@robertogualano1929
4 жыл бұрын
Yes that totally makes sense, but if I owned the stock I would have a stop loss in place (but of course that wouldn't eliminate gap risk). Do you ever use a stop loss strategy whereby you close the option position before expiration if it moves too much against you? Or alternatively short the stock once it hits the strike price? I know you might want to own the stock anyway but maybe some new negative information might have come up that doesn't make you want to own the stock anymore. Thanks again, very helpful.
@MarkMeldrum
4 жыл бұрын
You can use a stop loss on a put, and since the delta is less than 1, you actually lose less than holding the shares.
@alexandersalazar1085
4 жыл бұрын
Hey Mark, would you be able to do a video (or link one if you already did) that explains how to read options chains?
@jonallen3279
4 жыл бұрын
would love to hear about your experiences in real estate !
@8vargk
4 жыл бұрын
Thank You Mark for Your time and insights! Really enjoyed the idea of acting according to the market movement and not trying to forecast it. What alternatives would you recommend as risk management besides options strategies, mainly for those people who have lower capital in their investment portfolio and just cannot to buy/sell at least 100 shares on each position?
@krispe2512
3 жыл бұрын
How should I Insure my trading account? SIPC or FDIC?
@cloudsurgery
3 жыл бұрын
Thank you for this amazing video. what day to expiration do you choose for selling your Puts and Calls ?
@iamrandoomgeek9025
4 жыл бұрын
Looking forward to give cfa ,would like to join your test prep.Great content.
@calummagico6723
10 ай бұрын
how have you faired versus the indices such as S&P500?
@omarfakieh6856
4 жыл бұрын
Thanks for the great content as always Mark. I was wondering if you could shed some light on your asset allocation with regard to the SPY, REITs, and the various ETFs you own. I realize that your asset allocation will change depending on what’s happening in the market, but if you could provide a range in which you generally operate between these three areas that would be very helpful. Thanks again
@daniellowenthal6247
Жыл бұрын
Mark, how do you go about searching for special situations? Are you just reading the news constantly? Or do you have other methods of receiving information about new spinouts, takeovers, etc.? I've been lucky enough to hold some positions that became special situations, but often when I learn about these sorts of events in the news it seems that the profit had been squeezed out days before public disclosure -- or, at least, before the information hits the news.
@evanlebzu1
4 жыл бұрын
Hi again Dr. Mark, Do you diversify globally, and if so, how? through ETFs? what percentage do you recommend?
@MarkMeldrum
4 жыл бұрын
Not really. Maybe with exposure to grains, livestock, or palladium, you can make the case that these are global themes. But there is plenty of opportunity in a North America - and I know these markets.
@brianthongkhamthaeng9331
4 жыл бұрын
Can someone give Mark a hedge fund to run already. @Mark are you doing any Prop trading? or just your own private account? Your CFA course content is fantastic btw.
@MarkMeldrum
4 жыл бұрын
Just my own account.
@carllabreque2808
4 жыл бұрын
37:20 - correct me if im wrong but you can't sell put(even cash covered) in canadian registered accounts
@MarkMeldrum
4 жыл бұрын
Cannot sell a put in a registered account - no. But you can in a taxable account. And you can contribute shares to your TFSA and RRSP each year for those that are put to you.
@miriow99
4 жыл бұрын
You call sell covered calls in a registered account in Canada (TFSA,RRSP etc)
Пікірлер: 336