Are you planning to grow your portfolio

in 2026? If you're serious about growing

your portfolio with options, this video

will show you the strategies that I use

when I'm trying to maximize upside while

managing risk. I'll be revealing five

strategies that are working in 2026.

I'll be covering the specifics on how to

set up the trades for success, pick the

right strike price, expiration, and

manage each strategy. I'll show you

technical analysis and a trading example

for each strategy. I won't be covering

selling puts, the wheel, or covered

calls. Instead, I'll be focusing on

growth oriented strategies like long

call options, long put options, debit

spreads, leaps, and generating income

from leap positions. So, if you only

wanted the list of strategies, well,

there you have it. You can now leave the

video if you want. But if you want to

know how I'm actually implementing these

strategies with real money, what I've

learned from my winners and losers, and

how I'm adapting to today's market, then

let's not waste any time. Let's get

started. Hey, my name's Henry. I've been

trading and investing for over the last

12 years. And during that time, I've

studied finance and economics, worked

around professional traders, spent time

at Goldman Sachs, and learned from

traders at proprietary trading firms and

hedge funds focused on options. Today, I

spent my time managing my own portfolio

in teaching investors how I approach

building wealth and generating income

using options. Now, before we begin, I

want to make something clear. I'm not a

financial adviser and nothing in this

video is financial advice. This content

is for educational purposes only. Now,

my goal isn't just to show you the

benefits of these strategies. I'm also

going to show you the risks, the common

mistakes, and situations where these

strategies can go wrong, as well as

where these strategies can go right. So,

understanding what to avoid is often as

important as understanding what to do.

So, I'll be covering both in this video

for each strategy. Now, with that said,

let's start off with the first strategy,

which is buying call options. Buying

call options is a powerful strategy, and

we're in one of the best environments

for call options that I've seen in

literally years. Most investors are

chasing stocks and what I'm doing is I'm

chasing asymmetrical opportunities. Call

options are one of the most

misunderstood wealth buildinging tools

available today. Most people still think

buying call options is risky and if not

done properly, it absolutely is very

risky. You can lose all the money that

you spend basically buying call options.

With the right position sizing, you can

use call options in a very smart way and

have really good benefits, especially on

some of these volatile stocks that I'm

going to mention in this video. Now, a

call option gives you the right, but not

the obligation, to buy 100 shares of a

stock at a specific price before a

specific certain date that you get to

choose. So, think of it as a leverage

bet on a company becoming more valuable.

If the stock rises, the option can rise

much faster. And if you're wrong, well,

the risk is limited to the amount of

money that you pay for the contract.

Because we are in a risky market, a

limited upfront payment to control a lot

of potential volatility has been

outperforming in 2026. I expect the same

to be true in 2027 as we continue to

have unusually high volatility. This is

what makes a call option so powerful in

this current market. Now, you know that

Uncle Henry here, I'm a gold dick and

not because I'm Eastern European and not

because I'm actually looking for gold.

I'm looking for where money is flowing

and but I also want to be calculated

with my risk. So stocks like SMCI,

Oracle, AI stocks or Trump stocks like

Service Now, these are stocks that have

high volatility. It's hard to tell in

between massive explosions upward when

these stocks gain value rapidly and

periods where they might come crashing

down. So having a call option would not

only gain value if a stock rises, they

also gain value if volatility goes up.

Yes, that's right. I'll show you soon

with an example how a call option can

rise in value if the stock doesn't even

go up. All that has to happen is

volatility increases because volatility

is one of the components of an options

value. So let's go over an example of

all of this and much more. All right,

let's open up my portfolio right here.

As you can see, I'm going to go over a

call options mechanics and I'm going to

go over as well the delta and the change

in price and payoff as the call option

rises and kind of how an option can gain

value if implied volatility goes up. So,

let's go over here. I'm going to go into

um AMD. I'm going to use AMD as an

example. Now, I do have a longerterm

position on AMD that I opened up in my

community. I'm up $26,000 on this

position and expires in September. But

the example that I want to show you, I'm

going to go for a shorterterm call

option. So, let's just say that, you

know, let's go for something like July

17. So, July 17 is less than a month

away from when I'm recording this video.

If you're watching this video in the

future, it's okay because these

strategies can apply for the rest of

2026. And in fact, I'm pretty sure

there's still going to be amazing

amazing strategies in 2027 as well. Now,

look, if I go to buy call option on AMD,

uh I can simply go for a call option

that has a delta of let's let's go for

this 550. The delta here is 40. Okay.

Okay, so if I click into this option

right here, you can kind of see right

off the bat here that there's this

figure called IV and the IV is 71.98%.

So, you know, starting off from the

basics really when you're buying a call

option, you just want the stock to go

up. That's all you really want. That's

the whole goal. So, AMD 550 call that

means that at 550, you essentially have

the right to exercise and, you know, get

control of 100 shares. Now, you don't

need to exercise. And I honestly I've

never exercised my whole life because

you don't need to. What you need to do

is the goal of an investor when they're

buying a call option is to bet on the

stock going up. And if the stock goes

up, the options value goes up. Then you

just trade the option. You just sell it

for a profit. You sell it anytime that

you want. So this option premium here is

$2785,

which is essentially like 2,800 bucks

because each option is 100 shares. So

that's how the call mechanics work. It's

really just you pick a strike price. Um

I'm going to go for like 40 delta here.

You can see the delta here on the

screen. 40 delta and AMD at 550 is

essentially um the strike price. I'm

paying $27.85, 85 which is why the break

even price would be um $575

570 $57785.

I don't know why Robin Hood's writing

57743. It's whatever you pay for the

premium right which is 27.85 plus 550

again $577.85.

So the good news is that AMD doesn't

really have to be at that final break

even price for you to start making

money. Thing is if I were to buy this

option right here, I'm going to show you

kind of a hypothetical um return here

before expiration. So let's say that you

buy this option and then in next several

days that AMD goes up by $10. Okay. So

how much money would you actually make

in this scenario or this example if AMD

went up by $10? Well, check it out. AMD

is currently 528, right? So if it went

up $10, it would be 538. There's a lot

of momentum on the stock. So that's why

I love the strategy in 2026 buying call

options. I love it a lot. And if it went

to 538, that would still be added money,

right? You're still below 550 strike

price, yet alone you're very very far

away from the strike price plus the

premium. You're not even close. However,

in just a few days, if I go back to this

option, you can actually see here that

this is at expiration, right? This is

the at expiration return. However, let

me actually kind of show you what would

happen here if I were to go for so let's

go for right now, right? Let's see.

Today is like June 18. And if I go for,

let's say, a few days from now, let's go

for June 24, like next week, right? And

let's say, yeah, it's June 25th now. As

you can see here, if the price goes up

by like $10 and if it were and if it was

and if AM so let's say the price goes up

by $10 and AMD is at $538. You can see

here that the estimated profit would be

$561. So by AMD going up $10 which is

honestly not that big of a return. I'm

going to put up on screen right now $10

divided by the current value which is

like $528 as a percentage return. That's

a pretty tiny fraction of a move, right?

However, that tiny fraction of a move

still ends up being, you know, roughly

$500 something dollars in terms of like

this option gaining value, which is a

very big return, which is a very big

deal because that as a percentage return

of what you're paying for the option,

I'm going to also put that on the

screen, right? We're going to take $500,

you know, divided by what we're paying

for the option, which is about $2,700,

right? So, $500 divided by $2,700 is

this return. So, whereas the stock would

have to move, you know, very small

amount, $10, which was like, I'm going

to guess it's roughly 2%, whatever's on

the screen right here, 2%. Then this

option moves $500 which has a percentage

return of $2,700 which is roughly like

20% or so, right? Whatever this is on

the screen right here. So that return is

staggeringly different, right? My

estimate is about 2% is my guess on the

math and then 20%. So that is just such

a massive difference and that's only,

you know, a small move in the stock

versus how much you would, you know,

potentially make on a call option.

That's what makes call options so like

leverage. they are leveraged bets on the

stock going up and you make crazy and

the call option ends up having crazy

moves in relation to the stock. That's

also what makes it so risky and you can

lose all the money that you pay for a

call option. So again, I want to make

that very clear. However, if you have

the right position sizing and you only

put up, you know, let's say that 2% of

your portfolio, small position sizing

goes into this call option, then, you

know, there's just significant benefits

that you can make from a rise in the

underlying stock, which in this example

would be AMD. So again, in my opinion,

in my experience, I would not hold this

call option up until the expiry date,

which is 717. I don't really think

that's necessary. It doesn't really make

sense. If I want to ride a shorter term

move in these AI momentum stocks as

well, then you can benefit off of

momentum using call options. Now, one

thing that I also want to point out,

which is implied volatility. So implied

volatility will increase the value of a

call option. So if AMD did nothing and I

can't show you the simulation, which I

just showed you here, I can show you

kind of like a simulation. It doesn't

really allow me to change um like delta

values or anything like that. It just

allows me here to play with like days to

expiration as well as the price. But if

you were to change but if I go back here

and if I were to change the IV and the

IV becomes higher, right? So the implied

volatility is basically a metric that

traders believe next 30 days expected

implied volatility. So if this goes up

by you know from 72 to you know 82 then

you would also experience a gain within

the option itself. I can't simulate

that. I can't show you. So, you know,

it'll be hard to predict that exact

amount, but essentially if you own one

contract and the IV goes up by 10%, then

this LEAP option could also be worth,

you know, between five or or 10% more as

well. Then this call option would also

gain value. So, one thing I like to look

at before buying an option is the

difference between historical volatility

and implied volatility. Historical

volatility tells us what a stock has

actually done in the past in terms of

the past volatility. And implied

volatility tells us what option market

expects. So, it's kind of like a

futureooking number. It's what the

option market expects the stock to do in

the future. So sometimes those numbers

are very different and if implied

volatility is significantly higher then

option traders are paying a premium

because well expectations are elevated

in relation to the history and if

implied volatility is relatively low

compared to what the stock has been

historically in terms of volatility then

generally speaking you are getting a

bargain price because you're paying less

in terms of premium versus what the

premium would be in you know past

periods. This is actually the type of

research that I do for you in my

community, by the way. So, you can

always see which options I'm buying and

selling in real time and the reasons why

I'm doing so based on fundamentals,

technicals, and even more simple factors

like implied volatility. What was it

historically, and what is the future

implied volatility like? And for a call

option, that can mean a very big

difference in terms of how much value

you actually get from it. So, if you're

interested in that, it is the first link

in description. You can join my

community and see all my real live

trading. Now, one of the biggest

mistakes that investors make is

following headlines. If the stock is

already up, the news is talking about

it, social media is talking about it,

and suddenly everyone wants to buy,

well, I prefer following where the money

is flowing, but not where the headlines

are going. So, if a stock is near a 52-

week high, or is jumped up on the RSI

and the technical chart is above 70, and

let's say like, you know, Nvidia, just

like it was recently, it was at $236 per

share on May 14th, which is a couple

months ago from when I'm making this

video, and they reported earnings and

the stock went crashing down despite

Nvidia reporting another, you know,

crazy beat. I don't want to follow kind

of where the headlines are going. I want

to follow more so what the actual value

of a stock is based off of technicals

and real fundamentals. Before I move

over into the second strategy, I want to

remind you one more time that my

coaching actually I do have one-on-one

spots available. There is five spots per

month. So, if you're interested in

scaling your portfolio and getting a

customized solution, risk plan, you want

me to evaluate your portfolio

personally, I also do that. So, you can

schedule a call and learn about kind of

customizing your own plan with me. I'd

be more than happy to help you out. Now,

let's go into the next strategy, which

is buying put options. This is a

strategy that I'm really liking right

now in 2026. So, check out the swing

trade right here. I messaged my

challenge members this trade where I was

able to pull in $1,20 worth of profit

from a, you know, June 3rd to June 4th

trade. Now, when I entered this trade on

Nebus or ticker symbol NBIS, I ended up

buying puts and I wasn't making a

long-term prediction about the company.

I was simply looking at the chart and

seeing a stock that had become extended

in a very short period of time. The VSSL

was in the mid-range and the RSI was

very high. So for me, the stock had

experienced a massive run and momentum

indicators were just becoming stretched

for me. They were not in an area where I

thought that the stock could continue to

go up. Instead, I thought that we would

have a short-term pullback. I'm not a

huge fan of short-term trading, but I do

see opportunities. And when I see

opportunities, I want to capitalize. And

buying a put option is a great way to

capitalize on a potential fall in the

stock. So, I bought a put option, and I

had under 10 days to expiration. And I

didn't even need 10 days because what

ended up happening was I ended up

closing this trade in one single day.

Now I know that stocks rarely move in a

straight line forever and a put option

purchase is working very well in 2026

momentum based market. So in this

example I ended up just closing it in

one day. Now this isn't really an

example. This is an actual trade that I

made in my personal portfolio and I

shared it with my community. Now the

maximum loss was actually the premium

paid. So buying a put option is very

similar to buying a call option.

Whatever you pay for a, you know, option

in general when you're buying them, you

can lose that entire amount. So buying a

put option, you profit when the stock

goes down. And if the stock goes up and

it doesn't hit your strike price and it

stays above the strike price and you

hold to expiration, you will just end up

losing the entire money that you paid

for it. So if the stock continues

higher, you know exactly how much you're

going to lose, which in a way is good

because you can have a defined risk,

right? So if you, you know, in this

situation, I ended up betting, you know,

$5,000 or you can see on the screen

right here, um, it was like 5,100 and

ended up selling this put option for

6120. So or 6220, which you see on the

screen here. So that ended up being a

short-term trade that I personally made

because I saw a negative momentum

forming. So if the stock experienced a

sharp pullback, the put would appreciate

rapidly in value. So I chose my exit

point at, you know, 6100 because my

initial goal was to make about $1,000 in

48 hours as a VSSL indicator that I use

it. You know, I developed it from a

proprietary model that I had from a

hedge fund. And the short-term RSI,

which pointed me that there would be

likely a short-term pullback. The

probability was high. And that's really

all that I needed for this trade. It was

a pretty simple trade, straightforward,

and ended up being a awesome trade that

I'm very proud of. And that's because

momentum creates opportunity. Exhausted

momentum creates an even bigger

opportunity. A stock can be a great

company, which Nebius is. I have it

long-term. I have shares of the company

in my portfolio, but a stock can be a

great company and still be a great

short-term put trade. I wasn't bearish

on the company longterm. I was bearish

on the stock price over the next few

days. So, what exactly is a put option?

Let's kind of go a little bit more into

detail on what this is and how you can

utilize this strategy in 2026 and 2027.

A put option gives you the right but not

the obligation to benefit from a decline

in the stock's price. Unlike short

selling, your maximum loss is limited to

the premium that you pay up front.

That's one of the biggest reasons that I

use put options for momentum swings. So,

let's just say that you have a stock and

it's trading at $100 per share and that

you believe that it can pull down to $90

over the next few weeks. Well, instead

of shorting shares, I can buy a put

option. If the stock falls, the value of

that put option typically increases. If

I'm wrong and the stock keeps moving

higher, while my risk is limited to the

amount that I pay for the contract. One

of the reasons put options have been one

of the best option strategies working in

2026 is leverage. A relatively small

move in a stock can create a relatively

large percentage gain in the option

position if the stock ends up coming

down with a put option. In a momentum

driven market where the stock often

moves 10, 20, or even 30% in a matter of

days, put options gives traders a way to

capitalize on short-term pullbacks

without having to risk large amounts of

capital. The goal isn't to predict where

the company will be in 5 years from now

or, you know, one year from now. The

goal is to identify high probability

opportunities over the next few days or

weeks in structured trades with defined

risk and attractive upside reward

potential. In 2026, we're seeing stocks

move higher and faster than many

investors think possible. But what we're

also seeing is sharp pullbacks when

momentum becomes exhausted. That's why

buying put options has become such a

powerful tool that I'm currently using

in my own portfolio and in my Discord

community. When I identify a stock that

has become extended, has a high RSI, and

is showing signs that buyers may be

running out of fuel, a put option allows

me to potentially profit from the

pullback while knowing my maximum risk

before I enter the trade. Markets

change, strategies change, guys. So,

right now, momentum trading and put

options are working extremely well

because volatility creates opportunity

for traders who know how to manage risk.

In 2026, the winners aren't just buying

stocks, they're learning how to profit

from both momentum and momentum

exhaustion. So, if you're looking to

trade based off of momentum, take

advantage of volatility. You can learn

about my new program in my description.

When stocks move too far and too fast,

put options can turn very simple

pullbacks into outsized returns. I'm

also using more momentum based

strategies in this current market

environment. So I'm utilizing LEAPS to

use my capital more efficiently and I'll

be utilizing strategies a lot more in

the second half of 2026 and 2027 which I

haven't used in previous markets because

we are in a momentum based market. So if

you want more information on that, I'd

be happy to show you which strategies

that I'm using going forward. The next

strategy that I'm using for 2026 is a

put debit spread. Now check out this

trade right here. I entered an Oracle

put debit spread ahead of earnings and

was able to generate a profit while

keeping my risk defined from the moment

that I entered this trade. When I

entered this position, I was looking for

Oracle to collapse. I was looking for a

short-term move lower after the stock

had experienced a strong run and

expectations were extremely high heading

into the event. Oracle had become one of

Wall Street's favorite AI stories.

Investors were becoming increasingly

excited about the company's cloud

business and infrastructure demand and

potential revenue growth from massive

data center spending. But the stock had

already moved significantly higher,

leading into earnings, which meant that

expectations were no longer simply good.

They were literally exceptional. So in

trading, stocks don't need bad news to

fall. Sometimes they simply need results

that aren't as good as investors were

hoping for. When expectations become

extremely high, the margin for error

becomes very, very small. Even strong

earnings can lead to profit taking if

the market was expecting something even

bigger. That's what made the setup so

attractive to me. One of the biggest

lessons I've learned as a momentum

trader in this current market is that

stocks move based off of expectations

versus what actually is reality. When

expectations become too optimistic, even

great companies can become super

vulnerable to short-term downside moves.

This is where an investor can profit

with a put debit spread. So what exactly

is a put debit spread? A put debit

spread is a bearish option strategy

where you buy a put option and sell a

lower strike put option with the same

expiration date. You pay a debit upfront

to enter the trade and profit if the

stock declines. Let's say that there's a

stock trading at $200. Instead of buying

a put option outright, you could buy a

$200 put option and sell a 190 put. The

lower the cost of the trade while still

allowing you to profit if the stock

falls towards 190. One of the reasons

put debit spreads have been one of the

best option strategies working in 2026

is because they allow traders to take

advantage of short-term downside without

having to spend big money up front. So

the opportunity without paying excessive

option premiums is very important

because right now in this very uncertain

market, this momentum based driven

market, you don't want to have too big

of a position size as big position sizes

will oftent times potentially lead to

losses because if you lose and it's a

big position size, you end up losing a

significant chunk of your portfolio. So

in 2026, what we're seeing in this

momentum based stock market is very

higher moves faster than many investors

really think is possible. So what I'm

doing is using put debit spreads because

when the market becomes too aggressive

and you know pullback happens, which it

happens all the time, especially when

expectations are high, well, that's

where a put debit spread can literally

make Uncle Henry all kinds of juicy

profits. Like literally tikka masala

dinner with a like a protein shake on

the side for the biceps and triceps. So

when I look at opportunities, I'm trying

to identify stocks that have become

extended, have elevated expectations,

and they're vulnerable. I look for

vulnerable opportunities in the short

term where a pullback could, you know,

make a put debit spread gain massive

value. So I'm controlling my risk. I

didn't go too big on the Oracle put

debit spread, but the Oracle trade ended

up making me I'm very happy with it.

Honestly, I'm very happy with it that I

shared that with my community as well.

So the trade that you see on the screen,

it's a 2001 190 put debit spread. Um, so

kind of like step by step, how would you

like kind of do this from scratch if

you're not part of my community at the

moment? Well, step number one is, you

know, what I did was I bought a $200

put. That means that I had the right to

sell Oracle at 200. This is the bearish

side of the trade. So, if Oracle falls,

the put gains value. Uh, step two, I

sold the 190 put. So, that means that I

gave up some of the downside profit

below 190. Um, but in exchange, I

actually collected premium. So, that

premium reduced the total cost of the

entire trade, which is I mean, I love

that. I love reducing the total cost of

the entire trade. So instead of buying

like a naked put and paying more money,

I turned it into a spread. So the trade

is really simple. I want Oracle to move

lower, but I don't really want it to

crash. I guess it can crash and I would

still make money, but I wouldn't make

any more money below 190. So although

Oracle went down like a, you know,

gamblers option portfolio without my

coaching would go down. You know, I only

needed to go down to 190. So I only

needed to move to go from, you know,

roughly the 203. It was trading at like

203 or something down to 190. But Oracle

actually ended up crashing down to 180

as you can see. the um post earnings on

the screen. You can see how it ended up

crashing down. And uh that's the beauty

of a put debit spread. I didn't really

need Oracle to fall below, you know,

190, but it fell below, you know, it

fell down to like 180. I actually ended

up making my total max profit at 190.

So, I didn't really benefit further. So,

the fact is my maximum profit was

achieved once Oracle reached my lower

strike price of 190. So, anything below

190 was simply just extra downside that,

you know, I didn't really account for

and that's fine. I was still very

successful in the trade. Now, remember,

I sold the 190 put to help finance the

trade. So by doing that I reduced the

cost basis and increased my return on

capital or my ROC or ROIC return on

invested capital. So my maximum loss was

known before I entered the trade. My

maximum gain was also known before I

entered the trade as well because I can

only make money from the 200 down to the

190. So that's one of the reasons that I

love put debit spreads in a momentum

based market is I have defined risk. You

know I know how much I can lose if you

know Oracle stayed above 200. I have

that exact amount and then if it went

lower, I know exactly how much money I'm

also going to be making if it went down

to 190 or lower. Now, I'm not trying to

predict the exact bottom. I'm not trying

to become the next Michael Bur. I'm

simply looking for situations where

expectations are simply too high. And

with defined risk and, you know,

specific reward, it justifies taking on

uh the risk of a trade. So, I deem the

riskreward ratio to be favorable. The

goal isn't just to be right every single

time. The goal is to structure trades

where you can be wrong a small amount of

the time. And you know, if you're right

more often than you're wrong, it ends up

being a very favorable kind of

riskreward ratio. So that's exactly what

I did on Oracle and ended up doing very

well. Anyways, let's move into the next

strategy making me rich in 2026, leap

options. So let's start with the most

important question first. What exactly

is a LEAP and how do you implement the

strategy? A LEAP is a call option. It

benefits when the stock rises. And back

in 2018, my mentor essentially made

money on one single position. And I

thought that was gambling. I thought I

was just taking crazy risk and that

there's just no way that it can, you

know, be something that another investor

can duplicate. But when he explained it

to me, I really understood that there

was strategy behind his results. So, it

wasn't really gambling, but it was

strategic positioning by structuring the

trade correctly and giving it time. He

was using Apple. This was a while ago,

so Apple was really a hot stock. It's

still a really good stock with amazing

returns. And what he did on Apple was

later what I personally implemented with

Tesla in my own portfolio. And if you

guys are new to my channel, my name is

Henry. I worked at Goldman Sachs and I

grew my portfolio to $4 million and

along the way I used Tesla. I was using

leap options on Tesla. Now Tesla's a

riskier stock and had a lot of

volatility and a LEAP option greatly

benefits when there is a lot of

volatility specifically also when

there's a lot of high momentum. So any

momentum driven stock which a lot of you

guys on YouTube are searching up any

growth stock a leap strategy can really

give you some magnitude to any single

trade. Now we'll talk about the risks as

well because there's definitely risk to

LEAP options. So, a LEAP is simply a

long-term option contract, usually with

an expiration from 9 months all the way

to even 2 years out. Instead of buying

100 shares of a stock, you're buying the

right to control those shares over a

longer period of time. And this is where

it gets really interesting because if

you structure it correctly, a LEAP can

behave very, very similar to just owning

stock, but with a significant less

capital upfront investment. So, for

example, instead of putting up $50,000

into shares, you might control the same

$50,000 with $10 to $15,000 worth of

capital or even $25,000. That's still

good using a LEAP option. That way, you

don't have to have as big of a portfolio

to scale if you're starting out as a

beginner or even if you're an

intermediate investor. That's why

institutions use LEAP options, not to

gamble, but to create efficient exposure

while managing capital. So, full

disclaimer, a LEAP uses less capital,

but it's technically more risky if the

stock ends up going down. It's kind of

like a mortgage on a house. You put up a

down payment and you own a much more

expensive asset. If the asset falls, you

lose money very quickly. If it rises,

your small capital rises a lot because

you're controlling this big massive

asset. That's how you make bicep over

tricep money. That's how you really grow

a portfolio. That's how a more growth

centered investor really thinks about

growing that portfolio. This is why

later in this course, I will show you

how to structure a LEAP option and

manage it. So, a LEAP is a long-term

call option on a stock. This is simple,

but not all LEAPS behave the same way.

So, how does a LEAP act like a stock?

This is really critical. Some LEAPS will

move almost exactly like the stock will,

and others barely move at all, even if

you're right on direction. That

difference comes down to one concept.

It's the most important concept in this

entire strategy, delta. So before we

talk about strikes, expirations, or

anything else, you need to understand

how your position actually reacts when

the stock moves. Delta is exactly what

determines that. Think of it like this.

If a LEAP has a 0.8 delta or 80 delta,

it will move 80 cents for every $1 move

in the stock. So instead of owning 100

shares, you're essentially getting the

behavior of 80 shares. That's why some

LEAPS feel so powerful. They actually

move like the stock would move because

they have 80% of that movement, but the

cost could be half 1/4 depending on what

you pay for the premium. And other LEAP

options may feel really slow because

their delta is just too low. So, what do

you need to understand if you want to

start opening LEAPS in July 2026 and for

the rest of 2026 to reap rewards in

2027? Well, we need to understand the

mechanics of a LEAP and then I'll show

you how to make your own leaps produce

income for you. All right. So, I want to

show you a LEAP example that I have in

my portfolio. Two LEAP examples. One

that is more kind of recently opened up

and another one that I have opened up

and how I'm kind of like managing this

trade from kind of like start to finish.

So, let's start off with the first one,

which is Amazon, this position so far.

And I have Amazon stock. You can see I

have a nice gain here. I have some

covered calls, but let's go into this

225 call option, which I'm actually down

on currently. So, I want to show you

kind of like a losing trade and a

winning trade. I just want to be

transparent. I want to teach you and

educate you wins and and losses, right?

I'm not just trying to flex my wins

here. That's not the only kind of reason

why I'm doing this. I want you to really

learn on a deeper level. So, this is

Amazon 225 call. And uh here, what's

important to understand is theta decay

hasn't really kicked in. So, I'm not too

worried about this trade. And theta

decay is a really important factor when

I'm trading LEAP options. It really

speeds up towards expiration. So, theta

is the amount of value an option loses

each day simply because of time passing.

Early in an options life, data decay is

relatively slow. But at expiration, as

it approaches, the rate of decay

accelerates dramatically. That's why

option sellers often prefer selling

options with 30 to 45 days until

expiration. Uh it's because they can

benefit from time decay speeding up as

expiration gets closer. Think of theta

like an ice cube. It melts slowly at

first, but starts to disappear much

faster near the end of, you know, being

ice and turning into water. That's why

the final months are very important to

manage a leap trade or any real, you

know, call option or any long position.

So in this momentum based market, you

don't necessarily want to be in those

final months of uncertainty. So once

this option is at the six-month mark,

which I have plenty of time for for

Amazon, you can see this option expires

on June 17, 2027. At the six-month mark

from expiration, I will consider

managing it to either take profit or cut

it for a loss. If Amazon goes up as I

expect, then my profit taking exit point

would be at a 50% gain on the premium

that I paid here. So you know, the

current price is 4,600, but my average

cost is 6,000. So my goal is that once

this is worth 9,000 that I'm

essentially, you know, going to get in

for six and then I want to get out for

9. We are in a momentum based market

right now and there's going to be, you

know, obviously more huge swings in the

market. The IV on Amazon here is 39. So

if Amazon's IV goes up, as you saw in

the, you know, kind of the earlier

example that I showed you, we saw IV as

high as like, you know, 70, right?

Amazon is much lower. So there's a

higher chance that the IV here could

increase on Amazon. And if it does, then

this value of this leap option will

become more. But simply what I'm looking

for is Amazon just to move higher. And I

think that's, you know, pretty likely. I

have a price target on Amazon of $275

per share. And then in 2027, I think

it'll be a $300 stock. So I don't need

to manage this option yet. It has plenty

of time. What I probably need to do is

in January 2027, start thinking about

then I would start thinking about

managing this option. The theta here, I

can go to simulate my return. I just

want to show you. So this kind of call

option will lose some value as kind of

theta kicks in. You can see here that

all this kind of decay here is all just

time value. It's all time value because

I'm not changing the price. But if I

start changing the price, you can see

how the value here will go up, right? So

if I keep increasing the value of

Amazon, which I think is going to be

275. If it hits 275, of course, yeah, at

the end of expiry, 275 is still a loss

because I paid, you know, pretty

significant amount of money for this

call option, but I'm not going to be

holding it to expiration. Again, at the

six-month mark, which is going to

essentially be in January, you can see

it here. You can just look at December.

Let's just call it December because

that's almost six months or that is

actually six months. So in December, if

it hits 275, which is basically like

kind of what I think here, then I'm

going to have a pretty nice profit on

this one contract. I only have one

contract here. So this will be a pretty

uh nice return if it goes to 275. Now,

of course, Amazon can also go to 300.

So, you know, in a momentum based

market, you can see really kind of

bigger moves here. So, if we hit like

closer to 300, you can see that even

holding this option until expiration

would still, you know, be profitable.

But I'd still rather close it earlier

before time decay really eats away at

this option. Now, let's go into my

second position here, which is on AMD.

AMD I ended up buying in January. And

this was actually an option that expired

in September. And right now, as I'm

making this video, I'm pretty much

exactly 90 days from this option, you

know, expiring. Expires in about 90

days. And for me, the 3-month mark is a

very crucial point for me to manage this

trade. And I'm very happy with the

return. This is a return that has made

myself wealthier and my investing

community certainly a lot wealthier,

especially some of the smaller account

portfolios that I work with. I tell my

smaller account um portfolios that hey,

you know, we can't really afford the

wheel strategy. We can't afford covered

calls. I said in the beginning of this

video, right? Some of these, you know,

strategies that are more income focused,

they're great and I've been using them

significantly in my portfolio for a long

time now. But in this market, I'm really

looking to capitalize faster. I want to

build wealth faster when I'm looking at

making more meaningful returns. For

example, like let's say that I had a

$100,000 portfolio and you know, if I

was 55 years old and my goal is I'm

tired of work. I'm I'm tired of you know

having a boss. I'm tired of being

dependent on on income. I would look at

strategies like this, be looking at

utilizing LEAPS because, you know, I

personally grow my portfolio from

$100,000 to $700,000 back in 2021 using

this exact strategy. If you understand

risk management, if you don't overdo it

in terms of position sizing, if you have

diversification, if you do this strategy

properly, right, especially if you, you

know, you have some coaching, you have a

mentor who's showing you how to do it

properly, then it can really be

life-changing and make a meaningful

difference within, you know, your

retirement plan. oftentimes investors

that are doing slower strategies like

covered calls and in wheel in 2026 I

actually see momentum being a deciding

factor for which investors actually are

able to build meaningful wealth and

which investors are just kind of like

matching the S&P 500. Don't get me

wrong, there's nothing wrong with that.

I think index trading and S&P 500 is

fine. But when I'm looking at meaning

meaningful differences within my

portfolio and my uh investors portfolio

who I work with something like this is

obviously like my look at my history

like the history on this trade I put up

just $5,300

of my own money and now I am sitting on

$26,000 worth of gain myself and you

know I made this a small position. I've

helped other investors kind of

understand that, hey, if they want

higher risk, if they really want to

leave their, you know, their job and

they really want to get to a point where

kind of being more in that journey that

I went through, which is taking 100k to

700K, which took a lot of effort, it

took some risk. Um, maybe it was some

luck. It was definitely a lot of

preparation than, you know, something

like this is a position that um I would

I'm going to be doing much more of and

I'm going to be taking profit. I'm going

to be cutting this position myself

because I'm right at that mark. I'm

right at the 90-day mark where um Theta

will start to kind of eat away a little

bit at this option. However, this is a

super deep in the money option and um

Theta won't eat away at it too much. But

I still I'm happy with the profit. So,

I'm going to be selling this and then in

my Discord community, I'm going to be

entering um hopefully what looks like a

very similar trade in, you know, 6 to 12

months from now. Now, one of my favorite

strategies utilizing LEAP options is

called the poor man's covered call,

which works just like a traditional

covered call, but with far less capital

required. Instead of needing to buy 100

shares of stock outright, which can be

extremely expensive for highric stocks,

this strategy uses LEAP options as a

substitute for stock ownership. This

allows for selling covered calls without

tying up thousands or even tens of

thousands of dollars. A traditional

covered call requires owning 100 shares

of a stock and then selling a call

option against those shares. This works

great for stocks that are reasonably

priced. But for stocks like Nebius,

Nvidia, or Amazon, buying 100 shares can

easily cost 30, 40, or even more

thousands of dollars. That's where the

poor man's covered call comes in. It

allows for the same income generation

strategy, but at a fraction of the cost.

Instead of buying the stock, the

strategy starts by buying a deep in the

money leap call option with a long

expiration date, typically one year or

even longer. This long-term call acts as

a substitute for stock ownership because

it actually moves almost onetoone with

the stock price. Once this long-term

call option is owned, a short-term

covered call can be sold against it,

just like in a regular covered call

strategy. The reason this works is

because deep in the money leap options

have high delta, meaning that they can

behave similar to the stock itself. If a

stock moves $1, a deep in the money leap

call option with a delta of 0.85 85 or

higher will move 85 cents in value,

making it a very strong substitute for

owning shares. Now, let's go through a

real example of how this works. Say that

Nvidia trading at $210 per share.

Normally, buying 100 shares would cost

$21,000, which is a big capital

commitment. Instead, a deep in the money

leap call option bought with a 180

strike price and an expiration of 18

months out is going to be a much more

favorable technique. Let's talk about

that. The premium for the sleep call

option is $50 per share, meaning the

total cost is $5,000 instead of $21,000.

At this point, the long-term call option

is acting as a substitute for stock

ownership. Since it's deep in the money,

it behaves almost exactly like owning

100 shares, but at a much lower cost.

Now, just like a regular covered call

strategy, a short-term call option is

sold against the LEAP. So, let's say a

230 strike call with a 30-day expiration

is sold for $3 per share, or that means

basically $300 in premium is collected

immediately. Now, here is the two

possible outcomes that can happen in

this poor man's covered call example.

Okay, the first one is if Nvidia stays

below 230 by expiration, the call option

is worthless and the 300 premium is kept

as a profit. A new call option can then

be sold and that can be done for the

next month and you can repeat and rinse

and repeat this process really as long

as needed until that long call option is

expired. Second, if Nvidia rises above

230, the short-term call gets exercised.

But instead of getting exercised, I

would pretty much just really sell and

close this position. So, if it hits 230

or higher, that essentially means that

the contract will no longer be gaining

value. You'll actually be losing money,

but very, very slowly. So, the long-term

leap call option will gain value as

well, allowing for you to basically, you

know, profit off the leap option. But

the short call option that you sold,

once it's in the money, it's going to

start going against you. Keep in mind,

the long leap option has a higher delta

because it has a higher delta. It gains

more value. It has more exposure because

delta is exposure, right? So it gains

more value, gains more delta quicker,

and the short call option will lose

value, but it's going to have like a

delta of, you know, once it hits in the

money, it's going to be like 50. Whereas

the long call option is going to go from

like 85 to like 90 or even higher than

that. So you'll start losing money. It

won't be too dramatic. What I personally

do is once this poor man discovered call

hits in the money for the short call

option that you sold, just simply manage

to trade by cutting it and taking

profit. And in the case that the LEAP

goes up, right, and it, you know, hits

in the money for the short call, um, I

can't really imagine a situation is

really no situation where the total

profit on this specific position should

be down given that there's a higher

delta on the long leap. Okay? So, what I

do is in every single case, I just

simply close out the entire poor man's

covered call for a, you know, for a

profit. As the LEAP itself approaches 6

to9 months until expiration, it's

usually a good idea to roll it into a

new LEAP contract with a longer

expiration to keep the strategy going.

So, this is why this strategy is so good

in 2026 momentum market is because

again, you want more control, more

leverage in this type of market. Yes, it

might come at a higher risk, but you

know, nobody said you have to put in

significant amounts of money into uh you

know, these type of strategies. What you

can do, what I do personally with poor

man's covered calls is I just limit it

to about 10% of my total portfolio

value. the poor man's covered call

strategy or the, you know, PMTC is one

of the best ways to trade covered calls

without really needing to buy 100 shares

of stock outright. But to fully

understand why the strategy is so

powerful, let's break it down even

further and go through real trade

scenarios, advanced adjustments, and

optimization techniques to make the

strategy, you know, as profitable as

possible, especially if you're kind of

newer to this. I'm going to walk you

through the basics. But again, if you

want more kind of like specific, you

know, more advanced guide, then I'd be

happy to show you in my one-on-one

coaching program or just simply in my

Discord community. All right, so what

I'm going to do is I'm going to go to

Apple. I just want to show you a poor

man's covered call on Apple. So I love

Apple personally. Um, this stock has

done very well in the last 3 months,

it's up 17%. Last one year, it's up 51%.

So let's just say here that Apple's

trading for $300 per share. Let's say

it's not going to have 50% return again

in the next year. Let's just I don't

know, let's ballpark it and say it's

going to go up from $300 to $400, right?

30% gain. Again, I'm not trying to

predict the single stock. I'm just

trying to teach you strategies here. So,

whatever stocks that you use, you know,

that's I do do that, but that's not

going to be the point of this video. I

just want you to understand step by step

kind of like the technique that I'm

using for a poor man's covered call.

Let's go to trade. I'm going to go to

trade options. And what I'm going to do

on Apple is I want to first of all

solidify that LEAP option, right? I want

to solidify strong in the money um deep

in the money leap option. What I'm going

to do is I'm going to go for June 17,

2027, which is exactly pretty much one

year from when I'm making this video.

And again, I'll just buy a deep in the

money. So, I'm looking for a delta.

Okay, 7 is my sweet spot. So, right

here, this 270 call option is great. So,

I'm going to buy this 270 call option

here on Apple. And this will function as

my LEAP option. Basically, it's pretty

much replacing the shares, right?

because my goal is that this LEAP option

is a substitute for shares. Okay, so I'm

going to kind of click into this. Okay,

I'm going to click buy. Actually, what I

need to do is I just need to select this

because I need to select two options,

right? So this is the first one. I'm

just going to show you kind of the delta

here 72 delta. Gamma is super low. These

other Greeks are not that important

because gamma measures how much delta

will change and this is very very small

and insignificant. The theta here is

very small and insignificant because

initially a leap option isn't losing

that much value in the first early days.

So, not too much to really be concerned

here. And then volatility interest rates

not that important. Although volatility

is it does affect the LEAP options

significantly. You know, we're not going

to that's going to be a little bit more

advanced. So, we're not going to cover

that at the moment. So, okay, look 270

call option. That is our purchase. Right

now, we want to go to sell call options,

right? We want to sell a covered call

essentially on this LEAP, making it a

poor man's covered call. So, what I'm

going to do is because I'm recording

this in mid June, one month or two, we

can just go for a two-month trade. So

instead of going for July, I'll go for

August. So I'll sell a call for August.

I'm going to show you kind of like the

breakdown how this looks as well. So

let's go for August. And let's do Okay.

Our price target for Apple will be about

390 400ish, right? So we're that's where

we're kind of going to assume in 2

months. I'd be surprised to see the

stock move more than like 5% in a month.

So let's just say, you know, at most the

reason why I'm doing this math, by the

way, is because we need to pick a

ceiling for the covered call in a short

amount of time, like a two-month expiry.

We want to, you know, if it hits that

strike price, that's good because again,

that leap is going to be more sensitive

to change. So, we we will make money in

that example, but we still don't want to

leave money on the table, right? We

still ideally want to experience as much

gain as possible without having to give

up and um you know, food on the table,

right? We can give up some of the gains.

We don't want to feel that FOMO. We want

to kind of pick that sweet spot. I would

say basically, you know, I'd be happy

with like 5% gain. So, that would be

like 5% of 300 is $15. So, let's just go

for like 320. 320 here is a little bit

over 5%. Just to kind of be more

conservative. So, here if I go ahead and

sell this 320, I'm going to continue

here. And I'm not sure I'll be able to

visualize this. Let me see if I can.

Yes, I can visualize it. Perfect. So,

you can see how this kind of trade

visualization looks. Essentially here,

my maximum gain is at 320. That's my max

profit. That's that's the peak. Okay,

this is the peak because I have sold at

320 covered call. And at that point, I

start to lose money, but not by much.

It's not really significant. As you see

here, I start to go down, but not super

significantly because I still have a

LEAP option which I'm benefiting from.

But this negative or short covered call

does start to kind of go against me, if

you will, starts to go against me. But

here, that's my maximum peak is 320. And

essentially, you can see here that I'm

buying one leap option 270 strike price

for June 2027. And I'm selling a 320

call option for August um 21st. And my

maximum gain is at 320. If this position

goes further, I'll just close it right

around here. If it goes down, well,

that's the risk of a poor man's covered

call. It's still a bullish strategy at

the end of the day. Now, one of the

biggest misconceptions about the

strategy is that it's just a cheaper way

to run covered calls. But in reality,

it's also a leverage way to control

highquality stock for long-term growth.

Instead of tying up thousands of dollars

in stock, deep in the money leap call

options act as a synthetic stock

position, allowing for covered calls to

be sold without requiring a full stock

ownership. But choosing the right LEAP

contract is crucial to making the

strategy work. The biggest mistake new

traders make is buying a leap call

option that's just way too close to the

stock price, which makes this position

more sensitive to time decay or, you

know, theta decay. Best approach is to

buy a deep in the money call option with

a delta of at least 80 or higher. And

this basically ensures that the leap

call option behaves similar to stock

ownership, allowing for stable covered

calls selling over time. So, for

example, let's say that Nvidia is

trading at $210 per share and a trader

wants to run the poor man's covered call

strategy. So, instead of buying 100

shares for $21,000, you can buy a 200

strike leap call expiring in 18 months

and purchasing that for $50 per share

costing $5,000 total. Then, this LEAP

call option behaves like owning stock,

but costs 76% less capital. Yeah, 76%

less capital in this example than buying

100 shares outright. Now, covered calls

can be sold against a sleep call option,

generating consistent income, just like

a traditional covered call strategy. One

of the best ways to optimize this

strategy is to sell calls at a strike

price that allows for maximum premium

while reducing assignment risk. The

covered call strike price is too close

to the stock price. There's a higher

chance of early assignment, which can

cause issues if the leap call isn't

managed correctly. The goal is to select

a covered call strike price that is 5 to

10% above the current stock price, just

like you saw me do in that Apple

scenario. I did a little bit over 5% but

less than 10%. That's because this is

already leveraged strategy. It's already

a higher risk strategy. So if I'm

getting like a very sensitive return on

the LEAP option and I'm collecting

income on the covered call, the call

that I sold, then I'm then I'm very very

happy with that type, you know,

performance. So this allows for

collection of decent premium while

reducing the chances of assignment. If

the covered call strike is breached, the

trade can always be, you know, either

rolled up or for me, the most simple

thing to do is just to simply close a

trade. And of course, because that LEAP

option is more sensitive, whenever you

would be closing the trade, if it hits

in the money on the short call option,

again, the LEAP has gained more value

than the short call option has has lost

by a pretty wide margin. Another

important factor to consider is theta

decay on the LEAP call. So over time,

even deep in the money call options do

lose value due to time decay. So the

best way to prevent losses on LEAP

positions is to roll it up into a longer

expiration before it gets close to the

expiration date. So typically for me

it's either 90 days or the six-month

mark depending on kind of like my

overall view of the stock. It is kind of

case by case. So that is also why I

always say like it's always better to

work with a mentor because you get to

learn case by case you know different

scenarios and then you can become a much

better option trader overall. So another

example is if the LEAP call option was

originally purchased with 18 months

until expiration now there's only 9

months remaining. while rolling into a

new leap option could still make sense

depending on, you know, the current

delta of that option. Now, another

common mistake that traders make with

poor man's covered calls is selling

calls that are just too close to the

cost of their leap call option. So, if

the covered call premium collected is

too high relative to the cost of the

LEAP option that you buy, the risk of

early assignment increases by a lot and

you end up kind of short changing

yourself on upside potential. A good

guide is to sell covered calls where the

premium collected is really no more than

5 to 7% of the LEAP cost. So, for

example, if a LEAP call option cost

14,000, the covered call premium should

be somewhere around, you know, $700

because again, that is just kind of like

icing on the cake. We're still, you

know, looking for a bullish move in the

stock. We're still making money on the

LEAP option. We don't always want to be

in the money on the on the covered calls

that we sell. So, our goal isn't to, you

know, make insane amounts on the

premium, although that is, you know,

beneficial. Overall, the return of a

poor man's covered call can be larger if

the leap is the primary driver. So, the

true power of the strategy is that

allows for owning high-quality stocks

with far less capital while still

generating, you know, potentially

consistent monthly income. Unlike

traditional stock ownership, the PMCC

provides built-in leverage, which can

amplify returns while keeping capital

efficiency high. By selecting the right

LEAP contract, selling covered calls at

optimal strike prices, enrolling

positions when necessary, traders can

utilize this PMTCC strategy to build

wealth systemically while keeping risk

relatively under control. So for me, I

don't want to go over 10% of my account

value in a poor man's covered call

strategy. But understanding a strategy

and implementing a strategy are two

different things. Most investors don't

struggle because they have a lack of

information. They struggle because they

don't know which stocks to buy, which

strike prices to select, when to enter,

when to exit, and how much capital to

allocate. That's exactly why I created

my new LEAPS program with the new

Discord community. I'm specifically

focusing on LEAP options because I think

so many investors right now have decent

amounts of capital, but they're not

working with large portfolios. So, if

you're working with a portfolio that's

$20,000 or $40,000 or $80,000, anywhere

in that five figure range, then you're

probably looking to scale your

portfolio. but you can't really scale it

using those traditional older strategies

that I usually cover on my channel such

as the wheel covered calls. You're

probably looking to juice your returns

by using somewhat riskier strategies,

but they're are also still calculated.

That's why leaps and poor man's covered

calls is two strategies that I'm going

to be using significantly in my new

leaps program in Discord. Inside the

program, we're focusing on finding high

conviction opportunities before they

become obvious, identifying where

institutional money is flowing, and

using LEAP options to potentially

capitalize on long-term trends. You'll

see the positions I'm taking. You'll

understand the reasoning behind them.

You'll learn how I structure trades,

manage risk, and think about the

portfolio growth. Now, obviously, this

isn't for everyone. If you're happy

doing everything on your own, that's

perfectly fine. But if you're serious

about accelerating your learning curve

and want to see exactly how I'm

implementing these strategies with real

money, there is a link below where you

can learn more about scheduling a call

with my team. We'll discuss your goals,

your experience level, and whether this

program is a great fit for you or not. I

appreciate you watching and I'll see you

in the next