Dr. Myron Golden explains The Four Levels of Value. This powerful bit of information changed my life!

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Covered Calls:
When you own 100 shares of any company you can sell covered calls on your position and collect a payment called a premium simply for selling that option. This premium is paid to you by the person on the other side of the trade who is buying that option. Now it’s called covered calls because your position is covered by the 100 shares that you own. You are putting up the shares as collateral for this trade in case the trade goes against you and you are forced to sell your shares- You must have a collateral of 100 shares for each 1 option contract that you sell. So let’s say you own 100 shares of a stock and decide you want to sell a covered call on the stock. Here’s what’s going to happen step by step. You pick a strike price and expiration date for the option that you want to sell. The strike price must be higher than the current price of the stock. This is called selling Out-Of-The-Money Calls.

Company X is trading at $50 right now. I decide I am going to sell covered calls on my position so the first thing I have to do is choose a strike price I don’t think the stock will reach by a certain date. Let’s say by next month I don’t think company X will reach $55 which would be a 10% increase for the stock. So I pick to sell an option with a strike price of $55 and an expiration date of 1 month out. Once I sell this option a few things will happen. First the brokerage will put aside the 100 shares that I own as collateral for the trade. These are still my shares but I just can’t do anything with them before I exit out of my options trade. Secondly, I will get paid a premium for selling this option paid to me by the option buyer. Now this premium is put into my account right away. In this case lets say the premium is $2. I will get paid $200 because remember 1 option contract controls 100 shares so we multiply the premium by 100 for each contract - so boom I get paid $200 into my trading account.

Now at this point 1 of 3 things can happen with the trade.
Scenario #1 - the stock price does not reach the strike price by expiration. (That’s good)
Scenario #2 - the stock price reaches and exceeds the strike price by expiration (That’s bad)
Scenario #3 - You decided to close your position before expiration by buying back the contract and closing the trade.

Can you lose money selling covered calls? if you own stock and already are in the profit on your stock position then you CANNOT lose money selling covered calls and waiting until expiration. The worst thing that will happen is you’ll lose your shares - not lose them but be forced to sell them at the strike price. You might feel like you lost money if your stock shoots up way past the strike price - and you are forced to sell at a lower price - but you only lost the chance to make that extra profit. Remember, you should always sell calls at strike prices above where you bought the stock because then you’ll always be in the profit and whether or not your shares get called away you’d still make money

Do you get to keep the premium if your shares get called away? Yes - the premium gets deposited into your trading account right away and is yours to keep because you did not have to buy the option back. The option will be exercised and you’ll lose your shares but get to keep the premium.

What happens with my collateral - so when you put up collateral you can’t do anything with the shares until the option position is closed. The shares will be released back to you the day after the option expires or right away if you close your position early. Once you have your collateral back you can go ahead and sell another call using the same collateral for the next week or the next month.

Will I have to pay taxes on the premium I collect? Yes, simple answer - just like any trade, if you make a profit you will be subject to the all mighty short term capital gains tax so you’ll definitely want to keep that in mind and plan for that.

I am not a financial advisor - none of the above video is meant to be taken as investment advice. I am just showcasing MY own strategy and my investments should not be tried and duplicated based solely off the information in this video for risk of losing money.

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Discover the truth about the Bible Diet in this eye-opening video! 📖🥗 Join Tyler Inloes, your Christian Weight Loss Coach, as we explore the biblical principles behind a healthy lifestyle and how they can transform your body and spirit. Learn the secrets of ancient wisdom and unlock the power of the Bible Diet for a healthier, happier you.

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📖 Therefore, if anyone is in Christ, the new creation has come: the old has gone, the new is here!
2 Corinthians 5:17

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❎Please keep in mind that the content on this channel is just for informational purposes and shouldn't be used instead of professional medical advice, diagnosis, or treatment. Before starting a fitness program or making big changes to your diet or lifestyle, you should always talk to your doctor or a healthcare provider. Every individual has unique health considerations, and it is essential to ensure that any action taken aligns with your personal medical history and current health status.❎

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What does the Bible say about stress? Is there any solution to the problems stress can cause in our lives? Join Pastor Mark Finley as he shares three biblical principles for reducing and dealing with stress.

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5 Principles To Live By For A Successful, Happy Life

If you want to live a successful and happy life, then you're in the right place. Rabbi Daniel Lapin known worldwide as 'America's Rabbi', to learn about the principles that's gotten him successful and happy and how you too can learn apply his principles to achieve a great life.

Rabbi Daniel is a rabbinic scholar, popular international speaker, and best-selling author. He is passionate about the Bible but also making money, and blends Bible teachings with specific business principles to improve people's finances and family life.

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Bob Proctor explains ONE idea that if you turn to habit, will change your world forever. Napoleon Hill wrote an entire chapter on this one idea in his book, 'Think And Grow Rich.' It is such a powerful concept!

Ray Stanford, my first mentor, told me something critical during one of the first conversations we ever had. He said, “You need only one quality to succeed. You must have discipline.”

I didn’t want to have discipline. I thought discipline meant punishment.

But the truth is discipline is the ability to give yourself a command and then follow it.

Well, it didn’t take long for me to figure out that Ray was right. You will never develop anything of any consequence if you are not disciplined. However, if you are disciplined, you can have anything you seriously want.

This is so basic, it’s so simple, yet it’s so misunderstood. People who make it in life, whether that’s becoming really rich, running a successful business or living life on their own terms, have all developed the skill of self-discipline.

However, a common misconception about successful people is that they like doing all the things they do.

That is utterly false.

Successful people dislike the same things you do, but they do them anyway. They get up early. They make sure they’re in front of a prospect every morning at 9:00 a.m. They practice or study while others are watching TV.

Why do they do things they dislike? Because they know that’s the price they have to pay for success. And so they discipline themselves to do the things they know they should do whether they like it or not.

I am a very disciplined person. I don’t care if anybody else is working. I don’t care what anyone else is doing. I know what I’ve got to do, and I get it done.

Of course, I wasn’t always like this. I don’t think anyone is born a naturally disciplined person.

So don’t worry if you currently lack discipline. It’s something you can develop with practice, and the more you practice, the better you’ll become at it.

Here are three things you can do to get started:

1. Realize that if you want something different in life, you’re going to have to do things differently. Then, command yourself to do what you know has to be done.

2. Begin scheduling your day—from the time you get up until the time you go to bed. If you have a schedule, you’re more apt to do more of the things you really need to do to get where you want to go.

3. Hold the image of being successful at what you want to do. Envision a complete shift. And proceed to let that vision unfold every day.

It won’t be easy at first; however, you’ll get stronger and stronger. And then you’ll be able to do what you want, instead of just what you think you can do.

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7 Biblical Foods From The Bible You Should Eat Daily For Healing

The Bible is great; many verses encourage eating excellent and wholesome foods. As a believer, staying healthy should be one of your biggest priorities. The Bible says you shall live healthfully because God wants his people to live long and prosper.

Believers need to eat foods that will strengthen them physically, mentally, emotionally, and spiritually. Food has the power to do this if it's biblical food. So if you watch what you eat and feed your body with food that is good for you, it will make it easier for you to live a long and healthy life.

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Foods that heal the body fast. Change your eating habits and change your life for the better. Your body will start to heal, become healthy, lose weight, and have much more energy.

Unfortunately, with all the will in the world, some people will never escape the bitter shackles of poverty. Bishop Wayne explains why and how you can avoid being one of them.

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Do you have a wound that just won’t heal? Did you recently cut or scrape yourself? Believe it or not, there are foods that assist the healing process. Let’s talk today about 8 of the Best Foods To Help Your Body To Heal.

Do you like leafy green vegetables? How about eggs? Does a good serving of salmon help you heal? Wait a second, shellfish? We’re talking about all that AND more…

Other videos recommended for you:

WATCH 🎥: 5 Foods To Avoid If You Have Anxiety - https://www.youtube.com/watch?v=lq1uxs-QQzY&list=PL_fl96m7OLQX_Fj7QGEnDspKIL7-U3QDP&index=8

WATCH 🎥: 14 Foods That Will Help You Live A Longer Healthier Life - https://www.youtube.com/watch?v=u1OGhuOZVII&list=PL_fl96m7OLQWTg82q3ImUs2xVqdBNsjwL&index=78

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Timestamps:
Intro - 0:00
Shellfish - 00:21
Broccoli - 01:32
Organ Meats - 02:17
Berries - 03:14
Eggs - 04:07
Salmon - 05:17
Sweet Potatoes - 06:10
Leafy Greens - 07:02

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Summary:
1. Shellfish
That’s right, shellfish can help the healing process. This includes a wide variety of really good foods. I’m talking about oysters, clams and mussels. Now they may not be your first choice on the menu. But if you’re at a restaurant where mussels and oysters are on the menu in the first place, you should probably give them a go. I mean how often do we get the opportunity...

2. Broccoli
This cruciferous veggie might be one that you cringe over. But it’s never too late to grow up and try it. Broccoli is one of the best foods you can eat when it comes to healing. I mean, think about all the nutrients you’re getting.

3. Organ Meats
Who doesn’t love some good organ meat? Well, a lot of people actually. Just the thought of eating organs is enough to make some of you check out. But to be honest, organ meat is some of the best food you can have. And oh yeah, it’s fantastic for healing!

4. Berries
I mean, if you’re wounded, how can you say no to berries? They’re already tough to resist when you’re healthy. Berries are loaded with antioxidants. Let’s talk about collagen for a second. Collagen is a very important protein that maintains your body’s tissues. I’m talking about the tissues of your skin, muscles, ligaments and tendons.

Eggs

Many of us eat eggs on a regular basis. But the question is, how many eggs are you eating in a serving? If you have a wound, you’ll want as much protein as you can get. Adults are recommended between 46 and 56 grams of protein per day. One large egg holds just over 6 grams.

Salmon

You can’t do a list about wound healing foods without including salmon somewhere on the list. Salmon is jam-packed with vitamins and minerals, none more notable than omega-3 fatty acids. Let’s get into those.

Omega-3 fatty acids enhance the response of your immune system, and reduce your inflammation. This prevents infection. If you’ve already been infected, you’ll be able to get over it quicker than usual. You also have selenium to brag about…

Sweet Potatoes

This is a favorite for so many people, including yours truly. Now seriously, who doesn’t love sweet potatoes? If you’re recovering from an injury, high carb foods like sweet potatoes will do you good. Carbohydrates provide your cells with the right energy to fight off an infection. The enzymes also help your wounds heal quicker.

Did you know that low carb intake is associated with slow healing of wounds? Now keep in mind, you want the good kind of carbs. That’s exactly what sweet potatoes offer.

For more information, please watch the video until the very end.
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https://youtube.com/live/gQf5xAjUT8Q?feature=share

A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q

How And Why I Do Business Like King Solomon
https://youtube.com/live/BFQshdoHT7o?feature=share

The Dangers Of A Double Mind
https://youtu.be/Wnui9arB3GA

The Science Of Rapid Wealth Creation
https://youtube.com/live/Y1tptR6nnLE?feature=share




Myron’s Live 5 Day Challenge
https://www.makemoreofferschallenge.com/


Myron’s Books

B.O.S.S Moves
https://www.bossmovesbook.com/

From The Trash Man to The Cash Man
https://www.trashmantocashman.com/

If you want to be RICH, and not just earn a few extra dollars, then you are WASTING your time trying side hustles. Anyone can start a successful business if they know what they're looking for. I'll show you how to find business ideas and then rank them so you can find an idea to start your business in 2023. I illustrate it with examples of real, ordinary people who have found amazing success starting a business. This approach works whether you want to make money online or in an offline, traditional business, and certainly for small business ideas, too. If you're looking for ways how to get rich fast and easy, then look elsewhere, because that doesn't exist.

Your host in this video has been the CFO of several software companies and offers a lifetime of business experience to his audience. Will has an undergraduate degree in Economics, an MBA in finance from Cornell University, earned the CFA charter (Chartered Financial Analyst), and has worked as an equity research analyst at top Wall Street firms in addition to his experience running entrepreneurial companies.

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Perhaps the BEST book about becoming - or being - an entrepreneur:
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—Randy Komisar, founding director of TiVo and author of the bestselling The Monk and the Riddle


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#makemoneyonline #passiveincome #williamlee

Listen in as Myron Golden shares the psychology of money that he learned that took him from a trash man to making millions of dollars.

If you liked this video check out:
How to Become Rich
https://www.youtube.com/watch?v=dG0nmmVDCJM&list=PL0H-0T5lkWDx4bhmbKZeT_iZVdArtqi-A


Myron’s Live 5 Day Challenge
https://www.makemoreofferschallenge.com/


Myron’s Books

B.O.S.S Moves
https://www.bossmovesbook.com/

From The Trash Man to The Cash Man
https://www.trashmantocashman.com/

The 2nd of 3 Millionaire formulas that I use to generate millions.

If you enjoy this video be sure to subscribe so you are notified the next time we release a new video.

More Videos

A Simple Formula to Make MILLIONS
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Myron’s Live 5 Day Challenge
https://www.makemoreofferschallenge.com/


Myron’s Books

B.O.S.S Moves
https://www.bossmovesbook.com/

From The Trash Man to The Cash Man
https://www.trashmantocashman.com/

Disclaimer:
The views and opinions expressed in this interview are solely those of the individuals stating the opinions and do not necessarily represent the views or opinions of Myron Golden or Skillionaire Enterprises LLC. This interview is for information and educational purposes only and should not be construed as professional advice. We do not endorse or promote any specific products, services, or individuals featured in this interview. Viewers are encouraged to always conduct their own due diligence and seek professional advice before making any decisions based on the information provided in this, or any interview. We do not assume any liability for actions taken by viewers based on the information provided in this interview or any other interview we have.

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