$1000 Dollar Payday Study guide - …

1 Peter Schultz CASHFLOW HEAVEN, INC. $1000 Dollar Payday Study guide Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide Welcome to the $1,000 Payday Webinar Study guide . This Study guide is designed to accelerate your mastery of How to Turn Every Friday into a $1,000 Payday by Risking Just $1,500. Fill in the blanks as you go to activate your Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide How to get the most out of the $1,000 Dollar Payday Webinar and Study guide : Peter Schultz, Cashflow Heaven Publishing The Agenda: Turn every Friday into a $1,000 Payday .

2 Our Goal: To make sure you get the most out of this information packed webinar. Your Mission: Follow along with Peter throughout the $1,000 Payday Webinar and fill in the blanks on your Study guide . Special Offers: To follow the presenter and the strategy please visit for a substantial discount off of our Educational Package. Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide Study guide 1. One of the biggest keys to successful trading is to keep Calm and Estimate the _____. 2. The highest return, lowest risk strategy in the financial markets is something called _____ _____.

3 3. The key to selling a credit spread is to position it where you _____ think the stock is going to go. 4. Using this method, you will win about _____ out of _____ times, in spite of yourself. Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide 5. One of the biggest reasons for this is that just like with horseshoes and hand grenades _____ is good enough. 6. To totally stack the deck in your favor you must jump on the other side of the trade and become an options _____. 7. There are only 5 things that a stock can do and with this method you can win on _____ out of 5 of them.

4 8. All you have to do to make maximum profit on a credit spread is for it to go to its _____ date without having exceeded its _____ strike. 9. What we are really selling here is _____. 10. One of the great things about this style of trading is we have a _____ line on every trade. You always know when the trade will be over no matter what else happens. Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide 11. There are 3 things that determine an options 1_____, 2_____ and 3_____. 12. One of the most important things to understand about options time decay is that time value does not decay in a _____ line.

5 13. We ve determined that the perfect amount of time to sell is _____ to_____ weeks of time. 14. Back in 2012 the OCC and the SEC made some changes to options to create expirations on some stocks and indices so they expire _____ _____ of the year creating something called W_____. Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide 15. This huge change offers two big advantages: We can now have an expiration on _____of the year if we want to and we can now sell on the _____ point of time decay curve. 16.

6 This change has made right now the best time to sell credit spreads in _____. Anyone that wants to_____ should know about this strategy. 17. Knowing where to sell your spreads simply means to sell your call spread above _____ and sell your put spreads below _____. 18. Selling your spreads at these levels give you the highest chance for a _____-term high-_____ expiration which is exactly what we are looking for. 19. In addition, sell your spreads so you have at least a _____ percent probability of trading. Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide 20.

7 You can quickly and easily determine the probability of a trade by looking at your trading platform on_____ and seeing your probability of being out-of-the money. 21. In order to use volatility to your advantage sell your spreads in times of _____ volatility transitioning to _____volatility. 22. The most important thing to remember about volatility is that volatility determines_____ value. 23. Collapsing volatility synthetically _____ the amount of time until expiration. 24. The amount we can make on our spread is called our credit and we subtract that from the width of our spread to get our _____ on the trade.

8 Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide 25. However we can cut that risk in half by setting a closing order right at our _____ _____ because the Delta tell us we can only lose half of the spread width if we do that. 26. Our true risk on a five Dollar spread if we set our closing orders at the sold strike: If we bring in $ in credit and our cost to close is $ we can only lose _____ if our sold strike is touched. In other words we can make $1,000 on ten contracts and risk just $_____ to do it which gets us a _____% return and validates the premise of the webinar.

9 27. That s awesome but we can do even better: the trick is to sell each wing of your _____ (hint: big bird) at different times when it s most advantageous to do so to give you a _____ wing span. 28. The neat thing about bringing in more credit is the more you can make the less you can_____. 29. If you bring in $1200 on a $1300 risk that s a _____% return if expired worthless. Cashflow Heaven Publishing _____ $1000 Dollar Payday Study guide 30. If you are willing to close an open spread trade before expiration with the idea of selling again when the time is right, it is actually possible to get more than two credits for the same expiration True or False?

10 (Circle your best answer). 31. The key to these extraordinary profits is you are not tying up any more _____ on the trade so your return in multiplied. 32. In our last example of selling three different credits our combined credit came in at $_____ on ten contracts with just $_____ in risk reversing the risk/reward ratio from our original scenario. In other words we can now make much more than we can _____. 33. The risk/reward ratio is even more impressive when you consider your chances of making these profits range from a _____% to _____% probability of winning.