[image] Everyone is afraid of the recession. Prices for everything are higher. People are losing their jobs Interest rates and rents keep increasing⦠People are going to spend less, because they are making less and everything costs more⦠So the traditional side hustles: uber driving, food delivery, online business, part time jobs, all are going to suffer⦠And if you own Real estate, that is also going to take a tumble: prices will fall. Renters will move to cheaper places, landlords will have to deal with missed payments and empty properties. Its bad news all around. But there is one way to generate income that is going strongâ¦and is recession proof⦠Selling Options. Simply put, selling stock options is a way to generate extra cash in just a few minutes a day. Whether you need an extra $500 a month or $15 thousandâ¦we have students making it by selling options. Imagine, sitting at home, clicking some buttons on your computer and money appears in your account. Of course there is more to it than that. But once you know what you are doing, that is how it works. And it does not matter what the stock market is doing. It could be going up, or going down, or even going sidewaysâ¦does not matter. So yes, selling options works great in a recessionâ¦in fact it works better because volatility is higher when stocks are down. And you can ride them back up when the economy gets better for a double bonus. But which strategy? How do we take advantage? If you are new to selling options, I would suggest you get my book Passive Trading, just go to [PassiveTrading.com]( The last major recession we had was the Great recession. Things got really bad there. there was concern that the whole financial system would collapse: banks, insurance companies, credit cards, brokers, pension funds, the whole thingsâ¦everyoneâs money wiped outâ¦so the government stepped in and bailed out the offenders.. people should have gone to jail, laws should have changedâ¦but that is politics and I donât want to get into it⦠Leading up to the great recession, iron condors were the rageâ¦you could easily make 10-15% per month doing condors on SPX or RUT, month after month after monthâ¦it was easy money⦠And most traders thought it would never end⦠until it did. The markets changed⦠After the great recession, you couldnât do a condor to save your lifeâ¦and most condor traders could not handle it and left trading⦠in fact, for several months, I just stopped tradingâ¦there was too much uncertainty and volatility. Learn from historyâ¦the lesson might be a little different but the gist is the same⦠Now I donât think this recession is going to be as bad as that oneâ¦but some things will change. Certain companies will change and their stock will behave differently. Certain strategies will not long be as profitable while others will become more so. What do we do? Simple. Dance with the one you brought. When in doubt go back to basics. If you already own stocks, sell covered call and naked puts on those stocks just like we explain in passive trading. If you do not own stocks, the credit spread is probably the easiest trade to learn and get good at quickly. In our current Credit Spread Mastery class we have been having winning trade after winning trade even with the markets down close to 20%. This stuff just works. You can get more info about that program on our website. Look, a recession might sound scaryâ¦and it can be scary if you only have one source of income, or you have no control over your investment performance. Let this be a wake up call. Take control of your finances. No one care about your money more than you do. If you donât take action, you will be swept side to side by the economy, the FED, your employer and all the rest. Itâs my mission to bring awareness of passive trading to you. And as a passive trader, I am not worried about the economyâ¦the stock market will still be hereâ¦and as long as it is, I can sell options to generate cashflow from itâ¦whether i own stocks or not. I am predicting the recession will be a great thing for me personallyâ¦because things to invest in will get cheaper. Stocks have already fallen, they might fall more. And I am selling naked puts left and right to buy more shares 10-15% lower than current pricesâ¦Cypto is already in the toilet although I donât want to own more..Real estate prices have started falling and deals are falling through making sellers desperate which is leading to great deals. A recession does not have to be a scary thingâ¦but you have to be prepared for it. Donât let it catch you off guard. Take control of your finances. Allen [image] Not sure what to do next? Follow these simple steps to get moving. STEP #1: Get The Book[Passive Trading: How To Generate Consistent Income From The Stock Market](=) Step #2: Online Training To Take You To The Next Level.[Passive Trading Formula](=) | [How To Trade Oil Options]( | [Master The Iron Condor]( | [Option Genius Podcast](=) Step #3: Looking For Trades? [Option Genius Advisory]() | [Simon Says Options]() | [Weekly Trading Systems](=) Step #4: Connect With The Community[Option Traders Alliance Facebook Group]( | [Facebook]( | [YouTube]() Step #5: Want Our Personal Help?
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