The Money Vikings Podcast #9 - Selling AAPL Puts, Rule of 72, FIRE 4% Rule

Jerry, Greg and Bob discuss Jerry's trade of the week - Selling an October AAPL put at the 100 dollar strike for $2.26 x 100 - in the profit and loss profile below, you can see that he plans to sell around 9/25 for 50% of his profit target, as long as the stock stays where it is today. For $1,798 of margin used, that would be a 6% return in 2 weeks! Greg reviews the Rule of 72 - how to calculate what it takes to double your money based on a given return. We discuss the 4% Rule, or how to live happily in retirement preserving your core income. Links to Articles The Rule of 72 The 4% Rule Tastyworks referral Other Places to Find Us twitter Facebook Instagram YouTube pinterest https://moneyvikings.com