VENDA DE PUT TURBINADA Como ganhar 60% a mais na sua venda de put

Summary

In this video, Vittor from Eagle Educação explains how to enhance your options trading strategy using a structure called the 'Jade Lizard.' This strategy aims to boost your earnings by up to 60% without significantly increasing risk. Vittor demonstrates the setup using a real market example and a customized spreadsheet. He also introduces his 'Aprenda Operações Estruturadas' course, which covers the strategy in-depth. Additionally, he shares insights on potential profits and risks, offering a balanced approach to maximizing returns with limited risk exposure. The course is currently offered at a special price, soon transitioning to a mentorship model.

Takeaways

• 😀 The video introduces a structure that can potentially increase sales by up to 60% through a strategy known as 'Jade Lizard'.
• 😀 The Jade Lizard strategy involves selling a put and creating credit spreads with calls, aiming to increase earnings without significantly altering risk-return graphs.
• 😀 This structure allows you to risk only the premium you have already received from the market, which lowers your overall risk.
• 😀 By implementing this strategy, you can receive up to 60% more compared to a traditional put sale, increasing your potential earnings.
• 😀 The structure also makes the operation safer, as the maximum risk is limited to the premium collected from the initial trade.
• 😀 If the price of the underlying asset moves drastically in one direction, you could lose the premium you received, but no more than that.
• 😀 A simulation of the Jade Lizard strategy was done using Petrobras stock and the software Trid, which helps analyze the options market.
• 😀 A key aspect of the strategy is managing the number of credit spreads to ensure the total premium risk stays limited to what has been received from the market.
• 😀 The structure is calculated using a spreadsheet that helps users determine the number of credit spreads and puts needed for the strategy to work effectively.
• 😀 The instructor encourages viewers to join the 'Aprenda Operações Estruturadas' course to gain deeper insights into the Jade Lizard strategy and other structured options strategies.

Q & A

What is the main objective of the structure explained in the video?

The main objective of the structure is to increase sales by up to 60% without significantly altering the risk-return profile of a traditional sale. The idea is to leverage the premium already received from a traditional sale and reinvest it to generate additional returns.

What is a 'Jade Lizard' strategy?

The Jade Lizard strategy involves selling a put option and simultaneously creating credit spreads with calls. The structure aims to only risk the premium already received in the market while potentially increasing returns by up to 60%.

Why does the Jade Lizard strategy reduce risk compared to a traditional put sale?

The Jade Lizard strategy can be less risky because it only risks the premium already collected. If the stock price increases too much, the trader doesn't incur significant losses beyond the initial premium collected.

How does the Jade Lizard strategy work in practical terms?

In practice, the trader sells a put option and then creates credit spreads by selling and buying call options at different strikes. This limits potential losses to the amount of the premium already received while allowing for higher potential returns.

What happens if the stock price increases beyond the highest strike of the call spread?

If the stock price rises above the highest strike of the call spread, the trader's position would result in the loss of the premium received, and the options would expire worthless. This scenario represents the worst-case scenario, but the trader only loses the premium already collected.

How does the calculation of the Jade Lizard strategy work in the provided spreadsheet?

The spreadsheet calculates the number of credit spreads that can be created based on the initial put sale's premium. It ensures that if the trade goes wrong, the loss is limited to the premium received. It also calculates the total premium earned and simulates different scenarios based on the stock's movement.

What are the four possible outcomes of the Jade Lizard strategy?

The four outcomes are: 1) If the stock price rises above the highest strike, the trader loses only the premium received. 2) If the stock price remains between the strike prices of the call spread, the trader must adjust the position. 3) If the stock price is between the put strike and the lower call strike, the trader realizes the maximum profit. 4) If the stock price drops below the put strike, the trader assumes the underlying stock at a reduced cost basis.

What is the 'break-even' price in the Jade Lizard strategy?

The break-even price is the stock price at which the trader's position neither results in a profit nor a loss. In this case, the break-even price is calculated to be R$28.85, which is the average cost of acquiring the stock if the put is exercised.

What is the advantage of the Jade Lizard strategy in terms of capital efficiency?

One advantage of the Jade Lizard strategy is that it allows the trader to potentially earn a higher return on their capital. Even if the stock price doesn't move significantly, the strategy can generate profits through the options premiums, offering a better return than just holding the stock or keeping the capital in a savings account.

What is the 'Aprenda Operações Estruturadas' course, and what does it offer?

The 'Aprenda Operações Estruturadas' course is an educational program where the instructor teaches strategies related to structured operations, particularly options trading. The course covers various strategies, including the Jade Lizard, and provides access to tools like spreadsheets and a community of learners for further support and interaction.