minhas últimas operações com OPÇÕES na pratica do ano

Summary

In this video, Maon shares his year-end investment strategies, focusing on options trading with BOVA11, Bradesco, and Vale. He explains his plan to roll his BOVA11 short position into a straddle, discusses selling puts on Bradesco to increase his stock position, and demonstrates a 'booster reverso' strategy on Vale to lower his acquisition cost while speculating on the stock’s movement. With a personal touch, he wishes his viewers a prosperous New Year and encourages them to explore more videos on similar strategies. It's an insightful, educational update for anyone interested in options trading and investment tactics.

Takeaways

• 😀 The speaker addresses a market downturn, but views it as an opportunity to adjust and optimize his portfolio for the long-term.
• 😀 Maon reflects on his strategy of using options to manage risk and seize opportunities in volatile market conditions, particularly during December's rally.
• 😀 The speaker discusses his existing 'short strangle' position on BOVA11, which has seen the ETF fall from 126 to 117, and his decision to wait for better market conditions before rolling the position.
• 😀 Maon sells 300 put options on Bradesco at an 'in the money' strike of 12.2, aiming to increase his position in the stock while collecting premium income from the options.
• 😀 The speaker emphasizes balancing risk and reward by selling puts 'in the money' with the intention of either being exercised or gaining intrinsic value if the stock rises.
• 😀 A key strategy highlighted is the 'reverse bull put spread' on Vale, where the speaker buys a put at a higher strike price and sells a put at a lower strike price, with a net credit received for the trade.
• 😀 The reverse bull put spread strategy is used to reduce the cost basis of potential stock purchases while limiting risk and profiting from slight declines or stable movement in Vale's price.
• 😀 Maon explains that the reverse bull put spread allows him to speculate without upfront costs, as he receives a small premium (16 cents per option) to enter the trade.
• 😀 The speaker aims for Vale to either remain stable or fall moderately, with a maximum profit if the stock stays within the range between the two strikes.
• 😀 Maon encourages viewers to learn more about reverse bull put spreads through other educational videos on his channel and highlights the strategy as a tool for acquiring stocks at a discount.
• 😀 The video concludes with the speaker wishing his audience a prosperous New Year and expressing gratitude for their continued support, encouraging engagement and feedback on the video.

Q & A

What was the purpose of the video and what was the main focus of the creator?

The purpose of the video was to share the creator's recent trades in the stock and options markets. The main focus was on managing positions, including rolling a short strangle on BOVA11, selling puts on Bradesco, and implementing a reverse booster strategy with Vale, all while discussing how to balance a portfolio in a challenging market environment.

What is a short strangle, and why was it used with BOVA11 in this video?

A short strangle involves selling both a call and a put option with different strike prices, aiming to profit from low volatility. In this video, the creator discusses rolling a short strangle on BOVA11, with the call and put strikes adjusted as the stock price dropped. The goal was to generate income from the options premium while managing the risk associated with a falling market.

Why did the creator choose to wait a week before rolling the short strangle on BOVA11?

The creator decided to wait a week to see if the market would improve. They were not confident about selling the call at the strike price of 117 and wanted to see if there would be a better opportunity for rolling the position later, especially since the stock had dropped significantly.

What strategy did the creator use with Bradesco, and why was it considered advantageous?

The creator used a strategy of selling puts on Bradesco, slightly inside the money, with the goal of either being exercised at a good price or profiting from the options premium. The advantage of this strategy was that Bradesco's stock was undervalued relative to its book value, making it an attractive opportunity to either add to the position or collect premium.

What is the 'reverse booster' strategy, and how was it applied to Vale in this video?

The reverse booster strategy is a variation of a bear put spread where you sell an out-of-the-money put and buy an in-the-money put. In this video, the creator applied the strategy by buying a put near the money and selling a lower strike put on Vale, which allowed them to speculate on a slight decline in Vale’s price without paying for the entire position upfront. The strategy was used to potentially lower the cost of acquiring shares in Vale.

What was the key benefit of using the reverse booster strategy with Vale, according to the creator?

The key benefit of using the reverse booster strategy with Vale was that it allowed the creator to reduce the cost of acquiring the shares if they were assigned, as the strategy provided an opportunity to collect a small premium upfront. This made it a cost-effective way to speculate on a slight decline in Vale's stock price without committing a large amount of capital.

What does the term 'break-even' mean in options trading, and how was it relevant to the trades discussed in the video?

The 'break-even' point in options trading is the price at which the trade neither makes nor loses money. In the video, the creator mentioned break-even points when discussing their strategies with Bradesco and Vale. For Bradesco, the break-even price for the puts sold was 11.41, and for Vale, the break-even was impacted by the reverse booster strategy, where the cost of acquisition would be reduced, but the break-even point for the total position would depend on the movement of the stock.

What was the significance of the creator’s decision to sell options that were 'inside the money' on Bradesco?

Selling options 'inside the money' typically generates more premium because the options have intrinsic value. In the case of Bradesco, the creator sold puts slightly inside the money, meaning that they were betting that the stock would either stay near the strike price or increase in value. The intention was to either be exercised and buy the stock at a lower price or collect the premium if the stock price rose.

Why does the creator mention 'speculating' in relation to the reverse booster strategy with Vale?

The creator uses the term 'speculating' to highlight that the reverse booster strategy is a way to bet on Vale’s price movement without a large upfront cost. It's a more speculative approach because, while the creator is hoping for a decline in Vale’s stock price, they are not paying much to take the position, making it a low-risk, high-reward trade.

What was the creator’s outlook for the stock market in December, and how did it affect their trading strategy?

The creator acknowledged a tough year for stocks, with many positions dropping in value, but they also saw opportunities in the December rally. They used this period to adjust their portfolio, sell options, and take advantage of lower stock prices to increase positions or balance their portfolio. Their outlook was cautious but optimistic about taking advantage of market volatility.