1
00:00:00,450 --> 00:00:07,110
Before we jump into our next section, I just want to quickly touch on a topic that has become a little

2
00:00:07,110 --> 00:00:10,830
more prevalent in my own personal trading, and that's options.

3
00:00:11,520 --> 00:00:12,910
I do like playing both sides.

4
00:00:12,930 --> 00:00:14,970
I like the buying and selling of options.

5
00:00:15,420 --> 00:00:22,830
I think, you know, options are a great way to potentially leverage your funds to get more gains.

6
00:00:22,860 --> 00:00:29,970
Now with that, obviously there are more risks to it, and I would not take my advice is as in using

7
00:00:29,970 --> 00:00:34,800
any of these strategies for trying to look for, you know, take them right away and look for options

8
00:00:34,800 --> 00:00:36,120
that you might want to play on your own.

9
00:00:36,120 --> 00:00:40,800
But you know, if you find things you're comfortable with and these these things we learn in this course

10
00:00:41,520 --> 00:00:44,970
are very helpful to you for buying normal securities.

11
00:00:44,970 --> 00:00:51,390
They could also tell you and be good indicators, I guess, of Stock Direction, which might be helpful

12
00:00:51,390 --> 00:00:55,530
for longer term strategies of buying and selling options as well.

13
00:00:56,250 --> 00:01:00,300
Some of the things that I would recommend, you know, is to go out and make yourself familiar with

14
00:01:00,300 --> 00:01:04,150
these if you're not familiar with options because they do carry a lot of risk.

15
00:01:04,170 --> 00:01:10,710
I think they're, you know, higher risk, high reward strategies versus the versus just the buying

16
00:01:10,710 --> 00:01:14,370
and selling of securities, you know, and there's a lot more that comes to it on the tax side as well.

17
00:01:14,370 --> 00:01:16,800
So just do your research before you jump into it.

18
00:01:16,890 --> 00:01:19,050
My personal favorite is the wheel strategy.

19
00:01:19,050 --> 00:01:25,740
This is where you sell puts and then when you're assign these puts you, you are able to sell covered

20
00:01:25,740 --> 00:01:26,220
calls.

21
00:01:26,220 --> 00:01:31,140
And it's it's worked very well for me to this point, and I actually learned about it through Udemy

22
00:01:31,140 --> 00:01:36,330
course called options trading, generating consistent income through options by an instructor.

23
00:01:36,340 --> 00:01:40,980
Christopher, if you get this course, was great for my learning style.

24
00:01:40,980 --> 00:01:46,980
It was a quick course that put it into digestible, digestible format with live examples and showed

25
00:01:46,980 --> 00:01:53,550
you really a great passive investing strategy that utilizes that wheel strategy and buying.

26
00:01:53,790 --> 00:01:56,460
Or I'm sorry, more selling on the options side.

27
00:01:56,790 --> 00:02:01,980
So again, just thought it worth mentioning before we jumped forward that these can be also good indicators

28
00:02:01,980 --> 00:02:03,000
to play on the options.

29
00:02:03,270 --> 00:02:06,990
And if you want to learn more about those, I think there's a, you know, a world of courses out there

30
00:02:06,990 --> 00:02:09,960
that can help you understand options and not just the securities trading.

31
00:02:10,470 --> 00:02:18,150
With that, let's go ahead and jump into our section where we will begin to explore deeper the API integration

32
00:02:18,360 --> 00:02:21,560
with specifically in this course, alpaca.

33
00:02:21,570 --> 00:02:26,790
Some of these are going to be applicable to other brokers as well, but we're going to stick with the

34
00:02:26,790 --> 00:02:27,990
alpaca for this.

35
00:02:27,990 --> 00:02:31,800
So I hope everybody is excited to jump into that section.

