SMB

ear2theshell

> recently saw a video from SMB Capital on their credit spread strategy Which one? They have a few

eldowns

I’ve been selling 0DTE SPX spreads for a couple years now, but I recently saw a video from SMB Capital on their credit spread strategy that I found interesting and have been using for about a month with great success. Essentially, let the morning volatility pass (~2 hours), then sell the .20 delta spread (1 strike wide) opposite the side of VWAP (I hate indicators, but I get it). I’ll combine this with general price/structure reading for conviction as well as selling the other side as well. Stops on everything all the time, move stops to break even as quickly as possible, then walk away. The win rate is absurd - somewhere around 90% like you’ve experienced.

boringexplanation

Meh, I think some owners of small businesses deserve it. Not special treatment like a separate capital gains tax but treated as income as a result of countless hours in their startup phase. Many of today’s SMB millionaires got there by paying themselves less than minimum wage for years. The trade off is that they have full equity in their business. Those types of owners equity shouldn’t be considered “passive income”

Terrible_Champion298

* What helped you become consistently profitable? Understanding PROBABILITY. Winning more than I lose. Taking a smaller loss earlier, (i.e. admitting I was wrong). Keeping things simple. Consistent involvement and solid work ethic; show up on time and be prepared. * What should I focus on learning next? The option Greeks. Always. Primary focus: Delta, IV, and Theta and how they interact with each other. * Are there any up-to-date resources (books, courses, channels, or frameworks) you’d recommend? The age of the material is largely irrelevant; avoid the overly complex. The simplest explanations are best. An book often revised that is still frequently recommended for options trading is OPTIONS VOLATILITY & PRICING -Natenberg. He includes yet distills down complex matters in a relatable way, and your primary focus there would be absorbing and practicing with the information on the Greeks first, the rest whenever you wish. SMB Capital has many YouTube videos for multiple experience levels. Wade through those for things that interest you.

fre-ddo

Tastylive Mikes Whiteboard and SMB capital are a good place to start.

Prudent-Corgi3793

There are plenty of academics skeptical about the FF5 model and other anomalies. For instance, Aswath Damodaran has seen no effect of the size premium since the early 1980s, when it was first observed by Banz. Andrew Lee has not seen any factor premium observed out of sample. The data from the Fama-French data library suggests that. After the FF3 model was established, the size premium has been zero in the US and positive but nearly zero (not statistically significant) in Developed ex-US and Emerging markets. It's been strongly negative in the US and negative in Developed ex-US and Emerging after the FF5 model was established. The investment premium has similarly been negative in the US (and essentially zero in Developed) after it was introduced as a factor in the FF5 model. I'm inclined to believe Damodaran's interpretation that "you have to do something to get something" for these factors. In any case, the smaller companies in the S&P 500 would still be considered large cap using the break points for Fama and French. There are better ways to decrease exposure to the Mag 7, if you were inclined to do so, than to use the RSP. There are much better ways to tilt towards SMB if you believed in the factor premium.

pagalvin

I like SMB capital. They don't seem to be selling anything. The videos I've seen are purely educational.

ScarfingGreenies

I would agree but I think there's a caveat here because some SMB owners have 0 business acumen and are just grifters taking the long way on a Get Rich Quick scheme. <- Beauty business owners, especially the unlicensed ones operating off Instagram and TikTok clientele are a **perfect** example of this. They offer a significant reduction in traditional services but still at a premium markup, unfair and excessive rules framed as "policies", hostile customer service, and antagonistic marketing aimed at appealing to customers' egos rather than quality service (i.e. "book with me if you ain't a broke bitch" aka I want folks unlikely to call me out on my bullshit pricing). All others with some integrity looking to do honest work and make reasonably healthy margins are likely to develop a loyal customer base assuming they're not entering a saturated market.

InvestingPrime

**Wow, you really don’t get it, do you? Let me make this painfully simple.** SMB makes a ton of money from selling courses. I’m talking about the $5,000 trader courses, the $10,000 DNA of Active Trader mentorships, the subscriptions, the bootcamps, the “coaching,” all of it. That is their main revenue stream. Everyone knows this. And here’s the part you keep ignoring. SMB is directly connected to Kershner, and they use **Kershner’s** technology, not their own. If SMB is supposedly this rich and successful trading powerhouse, why aren’t they building and using their own platform? Why are they relying on another firm’s software? Because they did a joint venture together. The companies are tied at the hip. Now here’s what happens next. Kershner charges them to use that software. Kershner profits even when traders lose. They make money from licensing their platform, charging for infrastructure, charging execution fees, and taking a piece of SMB’s desk profits. They do not need winning traders. They do not care if you blow up. You can lose money all month and the firm still gets paid. That is the setup. This is not some deep secret. It’s a well-known business model. It’s called the Prop Firm Education Loop. Everyone knows about it except you, apparently. Here’s how it works. 1. The education company sells expensive courses. “Learn to trade like a pro,” and they charge you $5,000 to $15,000. 2. They imply you might get hired by their prop desk if you do well. 3. The prop desk is partnered with the same company that sells the courses. 4. The prop desk uses software from a partner firm that is financially tied to the whole operation. 5. And here’s the punchline. The education company, the prop firm, and the software provider all make money **before any trading happens**. This is not conspiracy. This is literally how these businesses work. You’re the only one pretending not to see it. No, I never paid anyone for ANY training or ANYTHING like that. Because REAL TRADE FIRMS DON'T CHARGE FOR TRAINING. Ever wonder why those companies you mention are never hiring people for other positions? BECAUSE THEY AREN'T REAL. Go to someone like Citadel Securities.. type it in. Job openings like crazy.. of people for REAL positions they need to fill. Because they actually trade.. they aren't selling seminars.

InvestingPrime

No it is because I've seen it from the inside myself that I know what BS looks like. I'm showing you real postings from the company on their own website. You are the one talking about amazing traders no ones ever heard of. Amazing traders don't go to prop firms. Because they don't make enough money off trading to stay alive. Which is why prop firms offer **courses or software** for sale. Everyone knows the typical prop companies like Jane Street, DRW, Jump Trading, Kershner, SMB, etc. Oh look! you mentioned TWO of them. What a SHOCK. It isn't. Do you know why. Because Kershner sells software.. Everyone knows of the garbage system **Gr8trade**. And who makes that system? Oh that's right! Kershner! And who licenses this software and pays for it? OH WAIT! ITS SMB! Do you see where this is going bro? It's a funnel system of scam. Anyone that has done real trading knows it, and avoids those companies like the plague. One company sells courses educational courses for $5000/year. The other company which is connected to them (even you said this) sells the software to them. scam.

InvestingPrime

I'm not angry at all. Job listings that the company you are talking about put out. Not me. Oh and it isn't a "job listing" that is how they advertise training. It is a scummy bait and switch. You call them thinking you are going to get to be a professional trader. Then they say well of course you are.. but only after you purchase our training for 2 years. What is it exactly? The same training they offer here: [https://www.smbtraining.com/blog/smb-trading-summit-nyc-2026](https://www.smbtraining.com/blog/smb-trading-summit-nyc-2026) Do you need for me to continue? SMB is well known for this type of thing. I think you are under the impression you mentioned some unknown company no ones ever heard of. When you live/work in the sector you learn of these companies. Again, they sell training and do a bunch of seminars for $$. Go to the twitter page/X - What is the first thing mentioned. Oh look a Webinar! more sales. More drawing on charts. More fake. You won't see real trading firms doing this.

InvestingPrime

Yeah, Okay. SMB's training program is how they make money. A constant churn of in and out to gain capital. I get it, you thought you were into something real. IT isn't though, its BS. Again, those who can't "teach". I understand, you want to believe it is real.. but it isn't. I was in the same situation. Look on INDEED right now, they have a position open in Miami. What does it say? # New/Developing Equity Trader- Miami What is your career path? **New traders will spend two years training and trading**, developing essential trading skills and building a trading playbook that makes the most sense to them. New traders will also be expected to build competence in quantative trading, starting with simple alerting scripts in python and moving onward to fully-fledged models for diverse trading environments. SMB Capital is excited to offer a new and unique opportunity for new and developing traders to be a part of our **Proprietary Trader Training Program** in Miami, FL. **(What they don't tell you?)** SMB Capital does not pay for training; **the firm charges aspiring traders** to participate in its training and education programs. While the company's website suggests it provides training, capital, and other resources for successful traders, the initial training for new or developing traders is a paid program where the trader covers the cost.  I'm sorry bro, but you fell for it. They got you. They are a SALES company. Selling you a TRAINING program that is "proprietary" to them. Basically, they will have some kind of silly system they say works.. but it doesn't. because they never do.

TraderZones_Daniel

Ok. I wasn’t gonna say it, but your original comment made me think you’re just pulling things out of your arse. Now I’m certain. SMB’s training program, is not something I’m familiar with other than that it exists and I think it’s probably unnecessary. KTG and SMB each have dozens of successful traders who never went through any of that. How do I define “successful”. varies because some are more skilled than others and have different goals. It ranges from a couple dozen traders making between $200k-$1m a year for a decade, up to traders making $10-50m/yr with lifetime earnings over $100m. One of those started his own hedge fund. Maybe you worked somewhere, but it really doesn’t sound like it. I’ve shared more than enough without getting into the firm’s and other traders’ business secrets.

InvestingPrime

Yes, USA. The amount of time you've done something doesn't mean you are good at it. All of these pay to play firms have some random dude there that's been there for 20 years trading equities that still isn't even profitable. SMB is a joke. It is a "those who can't, teach". What would you qualify as a "best trader" and why would you "never heard of them" Again, more bs. Smoke and mirrors.. fantasy ghost of people trying to glorify it or something. In reality, it's boring. very boring. and repetitive. no ones running around the office slapping hands. there's not a bunch of people sitting around waiting for you to get a fill so they can freak out.

TraderZones_Daniel

Can you elaborate on what you mean by “commercial trading”? Was this in the US? I agree with some of what you said, not all of it. Not gonna pick it apart though. Source: I’ve spent 6 years trading with KTG, and through there and SMB (sister co, of sorts) I’ve traded alongside the best traders you’ve never heard of.

bloodpriestt

*gif of jpow bouncing on the koopa in SMB 3-1*

ComplexProgrammer992

Right now 17% of my portfolio is wrapped up in Sofi stock that I got assigned after selling a put. The rest are options. In my Roth IRA I am just holding LEAPS. In my margin account I'm selling diagonals (poor mans covered call with a week out expiration and ~30 delta) along with Iron Butterflies and Iron Condors. If your new to options I found SMB capitals youtube is the best resource. Have a great thanksgiving!

wallstreetdata

I'm not sure how the mods in this subreddit feel about linking to stuff, so here's the list copied from my profile from a few days ago. Bed Bath & Beyond would be on this list too, after a handful of directors filed purchases yesterday: \_\_ Enough backstory, here are the insider purchases (in the last month) at the companies with the largest 1m dips prior to the purchases. I also excluded pharma/biotech Arq Inc $ARQ * environmental tech co - down 50% in the last month due to significant delays and operational issues with the ramp * up of its new granular activated carbon (GAC) production line. * CEO, CFO, and a director all bought * first purchases since May Thryv Holdings $THRY * SMB marketing software company * down 50% in the last month due to deceleration in organic SaaS rev growth and EPS miss * CEO and director both bought * CEO also bought in August and is down 50% BTCS Inc $BTCS * operates cloud-based validator nodes for ETH * down 40% on EPS miss, share dilution, and poor earnings quality * CEO bought * first purchase since 2022 (continue in next comment)

Popboat

How does the wealth distribution have anything to do with me hearing it will be the future ? Afaik wealthy corporations and individuals are dor the most part playing the fossil fuels propaganda, not the SMB narrative ???

Weak_Wrangler6396

I am an adobe holder but I am starting to get concerned on their future. Their 2024 10-K filing shows that their revenue base is segmented in 1. Digital Media $15.85MM (75%), from which Creative cloud is $12.68MM and document cloud $3.18MM. 2. Digital Experience $5.37MM (25%). 3. Publishing and advertising $0.275MM (1%). Most of customers of creative cloud segment are freelancer, individuals and SMB. That's the segment most attacked by Figma/Canva/Affinity etc. While Document cloud and digital experience are mostly Enterprises, that's where they currently have a moat and high pricing power... Their revenue seems to be increasing thanks to their pricing power, which is eroding, not due to capturing higher TAM. IA narrative is BS though, true concerning narrative is competitive position in Digital Media segment.

pagalvin

Covered calls on Ford are easy and low risk. That will get you rolling, get you some experience and get you on your way. But you need to really learn things from a theory perspective too. Videos, books, whatever works for you. There's a lot of good content. SMB Capital on YouTube has good stuff and isn't too preachy. Many of the content creators are too invested in their own personal approach. Avoid that in the near term, maybe forever :) Good luck!

RemyMill

diversify. SMB/companies are being equipped with superpowers (AI infrastructure) helping them eat up market space.

traderswapnilk

Books : Trading Options Greeks (By Dan Passarelli) Go through Various Communities on reddit. YouTube : SMB capital

newbirdhunter

I’ve watched a multitude of options videos from Fidelity, Schwab, SMB Capital and what seems like an endless stream of other channels. Almost all discuss the Greeks as individual elements to some degree but none have put any video together that gives the viewer more than superficial understanding of scenarios like this. Have you taken a course that teaches all the elements at play in a scenario like this that a trader should be recognizing and evaluating? I would pay for that course.

jamesdmoran

Today's ADP data looks potentially weak for PAYC's SMB customers going into earnings tonight: [https://flatcircle.ai/?ticker=PAYC](https://flatcircle.ai/?ticker=PAYC)

Ok_Cry7572

That's why I said estimated earnings in post so we can only guess Methodology for Contract Sizes (Conservative) $500B+ (Mega-Cap)-$100M – $300M-Hyperscalers, AI leaders → full-stack AIP + multi-year $100B – $499B-$40M – $100MEnterprise giants → 2–3 use cases, 3–5 years $10B – $99B- $10M – $40M-Mid-large → 1–2 use cases, 2–4 years < $10B, $2M – $10M-SMB/pilot → bootcamps → small

ChangeUserNameOMG

(1)There is this guy who buys a put and a call before critical earnings releases. He buys both at the same strike date, same strike distance from current price and both otm still. He says what you need is a strong enough move so that at minimum u must get 100% profit at any of them, and this way u r almost or at breakeven. Logic: if can cut loss on the losing side, great. If u can’t, then the other option contract profit has already covered the loss. Now u either profited or at breakeven, once an earnings is released u can already see the results and keep the winner and cut the loser. Keep it going above 100% profit and then take that profit. In theory that’s assuming put and call are the same price, however realistically, u might wanna consider the price and ur cost of buying each options sides. (2) check SMB capital YouTube channel and look for options trading strategies, they are very viable with practical risk.

qwerty-mo-fu

SMB on YouTube. Free, excellent

traderswapnilk

You can try SMB capital courses, they have one in one mentorship program. One of my friends has taken this course and so far he is getting good results

qwerty-mo-fu

Watch SMB trading YouTube video on spreads. I’m in no way linked to them, but they’re great videos and helped me. I sell spreads on spx

Leading_Cow_6021

I’ve seen a few people try to automate that SMB setup. It can work for small consistent gains, but the edge is thin once you factor in commissions, fills, and overnight risk. Most bots I’ve seen either overtrade it or miss exits because of data lag. I ended up skipping the DIY route and went with a **copy-trading setup** instead. Using **Advanced Auto Trades** right now, it’s non-custodial and run by a verified trader, so your account just mirrors their trades automatically. It’s been more hands-off and transparent than trying to code my own overnight bot.

Fluid-Dealer-3046

1) Low risk is a function of size relative to total account value. Risk is never off the table no matter the strategy. Performance is really your underlying question. *Are there any strategies that outperform cover calls? Sure. In my opinion long calls and long puts out perform CC if you have directional edge with tight stop controls. 2) iron condors/butterflies/spreads produce mathematical negative expectancy without serious active management. All of these blow up without directional edge. All Greeks are second order, Delta aka Direction is the king daddy of all. Also if you are not customizing your spreads you are selling and buying out of the box money losers. Brokers/MM set those prices to skew in their favor not ours. 3) Look up these channels on YouTube, some of their videos detail long strategies. Theta Profits, Options with Ravish, ZeroDayMark, SMB capital is best for short term trades. I’m not affiliated with any one of them. Don’t know them personally nor was I paid to share. I just found some other their content helpful. My question to you….what job do you have that always you so much leeway to trade?

xTHEGRASSMANx

I learned on YouTube personally. Not my favorite channel, but “Investing with Henry.” Taught me a lot. Also “SMB Capitol.” They will teach you everything you need to know about options.

Busy-Estimate-2160

EQUK likely beat - stable guide, ag/SMB hampers, integr benefits

Madismas

Sooo, I have this software idea for SMB's. Wanna gamble on me and become my partner lol.

Fragrant_Rip9699

Learn IV. If implied volatility is up, look to sell spreads. If down, consider buying. Earnings IV crush. GEX SPX butterflies. Look online or on YouTube for small account options strategies. SMB Capital is a good channel.

KillAura

Note: AVEEX has a 5M min investment, but AVEM is a close equivalent Also, DEMGX tilts towards small caps so AVES is the better comparison In short: 1. if you want SMB & HML, go DEMGX 2. if you just want HML, go AVES 3. if you want the most minor tilt, go AVEM

PinPsychological82

Great points! Per their earnings call, the number of SMB advertisers has grown significantly (wish I could find the statistic). SMB revenue was reported to be 60% of total ad revenue in Q4 2024 though. To the second point, Reddit did mention that they have seen great success with their AI algorithms and ARPU has increased drastically. They are making strides with new algos and ad products.

BanditoBoom

There are basically 2 core ways, in my opinion: 1: Look at the obvious stuff that EVERYONE ELSE is looking at, and wait for the market to give you an opportunity. Example: Google basically all year until August. Had you simply ignored the bears and did some research you’d see the clear and unmistakable value. If you ONLY bought Google after liberation day, and kept buying every dip…you easily beat the market this year. 2: You gotta look where nowhere else is looking, find the value, and keep buying and wait for the market to recognize what you see. Example: Atari being up 50% in the final year of what will be a CLEARLY successful turn around. Mueller Industries being up line 30% - 40% this year since April with over a billion dollars of net cash on the balance sheet, debt free. Digital Ocean since April. Gitlab getting into gear. ISSC was a big winner for me this year. Lumen Technologies in a turnaround could be huge. Looking at KFS changing their operating model in 2017 and now starting to reap the rewards. Very interesting niche play in SMB Service roll ups. There is value everywhere (some traditional “value” and others what I call “deep value”). What are the common denominators? 1: You HAVE to understand the “why” behind your thesis. WHY are you making the bet? 2: Regardless of option 1 (wait for the market to give you an opportunity to buy) or option 2 ( wait for the market to recognize what you see)….you have to be patient.

Pindar920

I’ll read the book you recommend and check out the SMB Capital videos. Thank you!

JerryFletcher70

As a book reference, The Bible of Options Strategies by Guy Cohen is one I like. There are also a lot of good YouTube creators out there but be wary of people selling stuff. Just watch the ones explaining basic, like covered calls, cash secured puts, and basic debit/credit spreads. SMB Capital has a series that does good walkthroughs of basic options techniques. I think options are a good tool even for traditional buy and hold investors in entering positions through a cash secured put and exiting through a covered call even in managing a long term portfolio. Learning covered calls and cash secured puts and putting them together in a simple wheel strategy on a stock that you like is a good way to learn the basics. Some of the brokerages will also let you paper trade, which means practicing without real money to get a feel for how it works and how to manage option positions. There is always an element of gambling to options and you have to recognize that side of it. What’s helpful is that you have a lot of variables that let you get the exact risk to reward profile and time duration that you want. You can have a very high chance of winning a small amount of money, a very low chance of winning a large amount of money and everything in between. And that’s why having a lot of capital helps, because you can afford to have lots of diverse bets on the board and not be out of the game if you hit a bad stretch. The more money you have, the more room for error you have.

WildEstablishment267

Whats your opinion on recent drop. Adtech market is soft I am hearing, thanks to tariffs. Does MGNI still have juice. Their recent aquisition is more of a good to have for now but not sure of real implications. This can def hurt Trade Desk as indy agencies and SMB business adopt the tech and pipe spends outside of TTD

AppearsInvisible

\+1 on projectfinance, his videos were very helpful in helping me understand early on. SMB I have watched a lot of as well and I think their basic instruction is solid--when they talk about strategies I think they sometimes leave out some of the possible outcomes and it is presented to sound like easy money. I always gave them a pass for that as I'm sure it helps with their youtube marketing. I also took the free courses from TD Ameritrade--figured if I did well there it might help me with getting my options approval. Not sure if those are still around after the Schwab merger.

Busy_Print6699

100%, SMB capital has some great videos with step by step walk throughs.

Scummerle

I use projectfinance and SMB Capital on youtube. Their explanations on a beginner level are in my opinion very easy to understand.

MagnusWilliams

Yes, most prop firms are geared more towards day-trading, so holding options for weeks can be challenging. I have seen people go with SMB or Maverick, etc. If you are put a little better in futures rather than just options, then it is worth looking at Apex, because they offer a little more flexibility than wanting quick trades in and out of.

Agitated-Storage1045

I believe you’re confusing E&S policies with retail policies. SMB go to the insurance broker and give their requirements and brokers tailor the exclusions, costs etc and reach out to insurance co.’s for quotes. As other players have legacy systems, it takes them 2-3 business days whereas Kinsale does it in few minutes. You can check their annual reports for number of quotes sent for the year to get an idea of how many quotes they provide and end up binding in a year.

Rude-Solution

Stripe doesn't have higher revenue than Adyen for similar volumes due to better tech - nonsense. It's because Adyen only focuses on high volume merchant customers (Uber, Microsoft eBay etc.), which come with lower take rates. Stripe, on the other hand, has a huge SMB customer base with low volumes and therefore higher take rates.

Emotional_School_962

There’s a YouTube page, SMB capital, that has a few videos on this. I found them very informative

Maximum_Reference563

Sell options. Don’t buy them. Less stress, less studying and headaches. Don’t buy them unless you have 99.9999% conviction that you will make some profit. Due diligence and a lot of studying of price action and market behavior may get you there. Start educating yourself with these guys: SMB Capital. I may be biased, but for me, selling options is the way to go. See the video link below for a good place to start. Their YouTube channel also has a full basic options course as well. [https://youtu.be/Tid1rfVIc9c?si=kH5kp2_ImXDMOPh2](https://youtu.be/Tid1rfVIc9c?si=kH5kp2_ImXDMOPh2) There’s another video somewhere out there where Seth explains that selling options has an 85% win rate compared to buying options. Can’t find it at the moment. But, basically, binge watch the SMB Capital options videos and you’ll be off to great start. For the love of Warren Buffett, please don’t YOLO your savings on 0DTE long calls on penny stocks!!

MatthewBlarng

Wiley Trading is a publisher with several decent books. Try Jack Schwager’s book on futures. Likely somewhere you can find it at a deep discount.  CME Group website has a good educational section and authoritative market data.  On YouTube: SMB Capital and Axia have good content. TopstepTV is a good watch for beginners, live futures trading with a mix of experts and amateurs. 

hardmoney21

Thanks for being honest! I've watched a few SMB Capitol Videos on YouTube, where they talk about the iron condor to reduce or eliminate loss. It's all foreign to me, so lately I've been scalping/momentum trading and getting stuck holding bags and having my money tied up. It's not as easy as everyone makes it out to be.

wizardrywielder

I really feel for you on this. I don't mean to kick you while you're down, but the only thing I can think of that would cause this is undisciplined emotional reactions. As you say, if you would have held, you would have done much better. In reading your post, I see you bought a call. Are you strictly BUYING options? If so, those are so much riskier than selling options. I only sold puts in July and made $10K and only had one 'loss.' Keep in mind July was a fantastic month in market performance. It sounds like you need to learn more about how options work and develop a strategy that you stick by. Having a strategy with concrete rules in place helps drastically reduce emotional reactions. Not everyone on Reddit will agree with these sources (what does everyone agree on?), but these are sources I have used to learn. 1) Invest with Henry: Search Youtube for 'Options Trading Course for Beginners.' Watch it and take notes. I essentially follow Henry's philosophy on options and use the wheel strategy. Exception being that I don't allow options to go all the way to expiration if I can help it as it allows for things to go wrong in the trade. Basically I lock in my gains between 30 and 50 percent and move on to the next trade. This is influenced by the next source (not the video I specifically suggest, but the source in general). 2) SMB Capital: Search Youtube for this exact phrase - Top 3 Options Trading Strategies for Small Accounts. Because your capital is depleted, you will need to make changes to what you do. This is food for thought. I would suggest browsing through SMB Capital's channel for videos that are of interest to you and take time to reflect on different ideas that are presented. SMB is much more diversified in their approaches whereas Henry is very focused. SMB has day trading videos on here, but stay away from these as day trading would wreck you even worse if you have a quick emotional response. Stick with videos on options. Being successful comes from doing research on companies, knowing what's going on at the time you're trading (influences to the stock), choosing the right stocks (not just choosing based on what others tell you), and following an established strategy to avoid emotional responses. I personally look for companies that are continuously growing, have an abundance of free cash flow, have good momentum, and if possible, have a developed moat or niche in the market. You can research any stocks on free platforms like Yahoo! Finance or you can invest a paid platform like Seeking Alpha or Morningstar (warning, Seeking Alpha is expensive, but does provide some value you wouldn't otherwise get). I also diversify my trades into different sectors. I never put all I have into one given stock or sector. If the market has a bad reaction to something in one sector, I will then have other sectors to potentially hold me up. Hope these suggestions help you to successfully move forward with options trading. But if you find options trading isn't for you, I would suggest building up your capital again and then just throwing it into an index fund like VOO, SPY, SPLG, or something similar. Then make weekly or monthly contributions and just let it grow. Don't worry about the ups and downs of the market. It will grow just fine. To give you an idea, the Dow Jones grew from 10,000 to 44,000 between 2006 and 2025 (4.5X). Consistent contributions, even minor ones, will help your account compound in a major way. Best of luck to you!

Kredit-Carma

SMB stands for Small to Medium sized Business which is what makes up most of Fortinets customer base. Quick google search shows Fortinet is not even in the top 5 of cyber security companies with the most CVE vulnerabilities. They have a 50% market share of existing firewalls by product sales volume . Not by revenue. They have high sales volume, but at a cheaper price than their competitors. *Yawn* Fortinet is expanding its SASE (service access service edge) offering by integrating its security and networking capabilities into a unified cloud-delivered platform. Their biggest growth driver going forward. A simple google search would have saved you time typing this up. But I'm happy to help clear up your confusion.

themanclark

LOL. Sure. I’ll share it right here for free. /s What I did for my best strategy was watch a bot operating a rather common strategy and then noticed a way to optimize it. The other one I essentially stole from SMB Capital. They gave half the parameters on one of their videos and I figured out the rest.

bungholio99

Fortinet has no SMB program, they lost in a super cycle for HW Refresh, as we are in 4 years after covid. Fortinet is top level in CVE vulnerabilities, the last 18 months, that’s an absolute no go and shows some deep product issues and will decrease margins. Fortinet has no 50% of the market it’s some 10% 3-4 place. Moving to the Cloud isn’t for Fortinet, they are a Data Center FW company. You don’t seem to understand the sector.

fuji_ju

I'd say the single most impactful ressource for me were the Youtube channels FX Evolution, and Figuring Out Money for learning about macro conditions, Arrete Trading for technical chart analysis and SMB Capital for how options can be used. I also sometimes look at videos from The Rebel Capitalist. Strongly dislike the guy and his opinions, but he's very good at explaining the workings of the finance world sometimes. I also quite like the podcast Forward Guidance for general macro insights. On the surface, it screams crypto bro but then they have always had very fact-based discussions with an array of knowledgeable guests. In genreal, if the host doesn't sound like they were trading during the GFC in 2008, don't bother. You really want to have some boring old guy with bad bowel movements and pixelated screenshots of financial reports. Bonus points if you never see their faces and they focus on charts and data. If the channel puts the persons front and center like an influencer shares an aesthetic with a tech review channel or a gaming channel, (Andrew Jikh, etc). Avoid fincluencers telling you what to buy. Avoid channels that let their politics influence their reading of the situation. Avoid CNBC, their guests are not impartial.

Breezel123

The same reason we trialed it. I mean, not that my industry is regulated, but we don't want to give yet another company access to all of our data, when we already took the risk of giving it all to Microsoft. And it sounds so good on paper - an easy to implement solution that requires little fiddling with config and setup and has a quick ROI with the added benefit of getting even the most tech-averse people on board for use of AI tools. But it can't even summarise a Confluence page without making shit up (which has even their devs scratching their heads after we opened a ticket with them), so as a SMB we are waiting it out and see what's going to happen.

idkyou1

Enterprises are typically resistant to open source, especially SMB. There is no one to contact for product or technical support.

iloveScotch21

If you are in SMB space, Entra ID P2 only went up 5% and that is for annual commit paid monthly license. Not sure how much they increased for enterprise though. They did increase all annual commit licenses across all M365 licenses 5%. They did not increase annual upfront. So a lot of companies did switch from monthly to upfront.

EchoLongworth

Speaking from a place of having gone deeply down this route (1k+ hours), it works. SMB Capital just posted a video today of how a trader used it to gain edge on Iron Condor trading. Like anything you have to put in the time and it depends on how complex you get with it. Most people are barely scratching the surface. Spend 15 minutes a day with it, you’ll be blown away how much you can do. Below is what my agent told me to give you as a response (I tweaked it a few times). I will tell you to focus on number 4. And use windows key + type “snip” ;). Only load one image at a time though. 1. idea’s solid — low-risk, explores GPT decision-making. 2. $10/week works — won’t scale, but fine for testing. 3. GPT might just buy VTI — so define what you want (growth, memes, safety) or it’ll default to generic advice. 4. try two versions — one where you feed it info, one where it just reacts to basic price + news headlines. 5. focus on how it makes decisions with limited input — not whether it makes money, but if its logic makes sense.

twi1i96tr

For Tasty Live - Google is your friend! Also ANYTHING on Youtube by SMB Capital is good. Also Eric Smolinski of esinvests here on Reddit and on Youtube. If you are interested in Options trading you have a long journey ahead of you. If you are... look up u/Scottishtrader here on Reddit and learn his wheel strategy. That is probably the absolute best place to start - but take your time and trade small!!!

dailyhype

X-Posting from r/valueinvesting, so people stop investing in reddit without doing their due diligence: I’ve been working in ad sales for similar social media platforms like Reddit for the past four years - platforms that, like Reddit, try to challenge the dominance of Meta and Google. I also know some people working in ad tech sales at Reddit, and as you can see from my account age, I’m a Reddit fan myself. Please don’t get fooled by big brands running ads here. Most of those are brand awareness campaigns, which are capped in terms of investment and not scalable. Reddit and the platform I work for get just a tiny fraction of those branding budgets. The real money in digital ads comes from performance budgets - ads that are directly tied to conversion metrics. These budgets are scalable, meaning if an ad performs well and meets KPIs, advertisers will pour in more money. If not, they shut it off instantly. The problem? Reddit and similar platforms aren’t consistent performance drivers, so ad sales teams mostly focus on pitching premium brand-based ad products just to scrape some of that branding spend. Reddit ads have been around for a while, and I don’t see how they’re suddenly going to become a strong performance channel. The platform just isn’t built for click/impression-based conversions the way Meta and Google are. They lack: Strong user signals and intent data -> Meta and Google know exactly who you are, what you like, and what you’re likely to buy. Reddit? Not so much. Advanced machine learning optimization -> Meta and Google constantly tweak ad delivery for maximum performance. Reddit is still playing catch-up. A seamless ad-buying experience -> Meta’s ad manager is basically plug-and-play. Reddit’s is… not that. Sure, Reddit is improving its ad suite, but it won’t fix the core issue - it just doesn’t have the same data infrastructure or audience targeting capabilities to drive conversions at scale. So why do advertisers still spend here? Simple: brands want to diversify beyond Meta and Google. But let’s be real - Reddit will never compete at scale. Most advertisers care about incremental reach and conversions, meaning they want to hit new audiences, not just re-target the same users they already reach on Meta and Google. Reddit has high audience overlap with those platforms, but their sales teams will spin it as „incremental reach“ to make it sound more valuable. If you want an example of a real challenger, look at TikTok. They: Scaled their user base insanely fast. Copied Meta’s ad manager so it was easy for advertisers to start spending. Built an ad product suite that actually competes with Meta’s (and crushes Reddit in performance). Reddit, on the other hand, is too niche, lacks key data points, and doesn’t have a consistent performance ad product. If I had to bet on a platform, I’d watch The Trade Desk. Their programmatic offering (especially in CTV) is scalable and works for both branding and performance. If they figure out how to unlock SMB clients, they could become the next big player alongside Meta and Google.

DFW_BjornFree

You have a few options depending on the trade and style: 1. You're currently scalping with 0DTE or 1DTE, you probably trade a standard position size (maybe 2 contracts) and are making gains. How much of your account are you willing to risk per trade? Is it 2%? 5%? 10%? This woll determine when to scale up. When your account grows enough that 3 contracts is now that % you're willing to risk you trade 3.  2. You're taking trades that don't play out in 5 to 10 minutes, sometimes they play out in hours or even a few days. How do you know when to scale up the trade and what does it mean? Generally, it still depends on your risk tolerance however with longer term options trades you don't go balls deep at the beginning. You take an initial position, get into some profits and feel comfortable with your direction and then you add size on a pullback while in profit. Adding size on a pullback while in profit is key because it's less risky than just putting all the money in upfront. Sure your upside might be less than if your initial position was larger but your risk is also significantly less. I'd reccomend watching some content from SMB capital or Topstep. They do a good job of showing how to scale into a trade while managing risk

Crafty-Step3204

Just youtube, not a rocket science. Also I can recommend SMB Capital channel.

Broad-Point1482

Watch YouTube. Trade with Henry and SMB Capital were the 2 that I learnt the most from. Look at credit and debit spreads (lower risk/ reward) , the wheel strategy, selling cash secured puts, covered calls and Poor man covered calls. These are the ones I've used from when my account was £1000. Selling options means you get paid money when you sell them, buying means you pay money. If you're selling, you want the option to expire worthless and you just keep the premium. Have a look at the 2 I've mentioned and you'll vone across others. Tasty trade seem popular but I find their videos annoying so I avoid personally!

newbirdhunter

Thanks for positing this. Lots of channels suggested that i didn't know and will now check out. I regularly watch SMB Capital. [https://www.youtube.com/@smbcapital](https://www.youtube.com/@smbcapital) I like the channel overall and Seth does a really good job of explaining most of the time. You will find pockets of less than ideal explanation along with a large amount of positive assumption and not a whole lot of discussion on downside mitigation. Still, i recommend the channel and think there is value in the content overall.

Crazy_Donkies

To me AMD is a 2x - 3x.  So much competition, especially from custom chips, ASIC, and RISC.  And i see ARM and cloud doing more for home and SMB compute.   Id like to see AMD be bought or start buying companies with autonomous vehicle or robotics chops.

StonerPal

I think Trump always intended for this. The sky high tarrifs with china only resulted in everyone seemingly being okay with %35 tarrifs. That is high enough to destroy any SMB importing and discourage big business from importing over the long term. The tarrifs are here to stay and will likely be increased in the near future. The market has separated itself from this entirely because markets are based solely on sentiment now and the sentiment is don’t worry about Taco.

Perfect_Eye2062

Completely agree with your take. But I’m curious, what do you see as Okta’s next major growth driver beyond Auth0? Enterprise adoption feels fairly saturated, most large companies that wanted Okta have already implemented it. Even Okta has acknowledged that cloud migration is slower than expected, and SMB adoption hasn’t picked up as quickly as hoped.

hgreenblatt

SMB... isn't that the place people go to lose their money?? Are you a U. S. account or under different rules. What is all this data going to do for you? Also as noted by the\_humeister options trade during market hours. Maybe you want a backtester... Tasty has one that works by delta (they added some enhancements last week).

canws

Watched a strategy on SMB capital talking about selling over night calls and closing it the next day. Thanks for the info.

fre-ddo

SMB capital have some good vids, tastylive do too especially the older ones.

DCOperator

You need to spend more time watching YouTubes before you lose all your money and more. Check out SMB Capital on YT. SMB Capital is a real prop trading firm and not some fake trading guru. Odds are that IB won't enable options for you anyway because you don't have the experience to trade them. You can, of course lie about your experience and your financials, and risk a lifetime ban if they ask you to prove financials.

Woodsman8307

1. It's up 21% because revenue and earnings jumped in Q3 due to the soft launch of their initial AI functionality in Nov 2024. Mgmt revised up earnings guidance for FY 2025 (FYE 7/31) and it's trading at it's historical forward P/E multiple off that revised FY 2025 guidance; it hasn't priced in the additional revenue going forward from additional AI functionality, like AI automation agents, that will take a huge share of the $15B SMB bookkeeping and accounting market; bookkeepers are one of the first jobs to go with AI due to the rule-based and recurring nature of that job. 2. They are also implementing 10% price increases on Tues 7/1 along with the additional AI functionality. They can continue to push price due to their market share because it's actually a net savings to the customer as they can replace the cost of humans.

Woodsman8307

We shall see after they release revised FY 2026 guidance after FYE 7/31/25. It's trading at historical forward P/E levels based off FY 2025 guidance which was provided in May and was already 80% fully realized; Q4 is always their slowest quarter due to seasonality. It doesn't price in the amount of the $15B SMB bookkeeping and accounting market that Intuit will capture with AI as the market leader (80% market share); bookkeepers are one of the first job sectors that will completely be replaced by AI in the very near future. Let's compare notes in 6-12 months.

_hiddenscout

Some CLMB news: >**limb Channel Solutions**, a subsidiary of **Climb Global Solutions (NASDAQ: CLMB)**, has announced a new distribution partnership with **Egnyte**, a leader in secure content collaboration. The agreement enables Climb to distribute Egnyte's cloud-native platform across the United States. >The partnership follows Egnyte's recent enhancements to its Partner Program and new partner portal launch. The program focuses on three core priorities: profitability, enablement, and simplicity. Resellers will benefit from Egnyte's agile supply chain support, technical assistance, and competitive pricing to accelerate market penetration. > >The collaboration aims to provide partners and customers with a scalable platform suitable for both SMB and enterprise environments, emphasizing secure file sharing and real-time collaboration capabilities.

Visual-Froyo-2676

I like watching SMB capital and tasty trade particularly mike and his whiteboard does a good job of explaining with visuals and he even gives you suggestions what you can do if a trade goes against you.

Proud-Relation4719

Even the "legit" companies are getting in on this. SMB Capital is selling a $2000 "scalp radar" tool. So hard to tell what is real is this field vs. someone's scheme to get us to buy snake oil.

Konval

Good DD, but this is a bit of an oversaturated market. How does CISO plan to grow its business? Strategic partnership with one of the big boys? If I am SMB, how do I find out about CISO and what would compel me to choose them vs another similar company.

greenpride32

I suppose on SMB side sure, digital payments gave more market share. I've been using credit card 98%+ of the time since 25 years ago strictly for rewards points. I was thinking more of platforms such as PayPal, Venmo and Apple Pay to name a few, where it can be backed by cash. But given debt and saving habits (at least in the US), probably a good amount of that spend over those platforms is via card and not backed by cash transfer.

hv876

Longer DTE 28-35 DTE to allow better strike selection and balance risk to reward. And then close it early. SMB capital has a nice rule to follow by breaking DTE into quartiles. * quartile 1: close if 50% profit reached * quartile 2: close if 60% profit * quartile 3: close if 75% profit * quartile 4: close if 90% profit

TraderJoe57

Yes…Watch as many of Tom Sosnoff’s videos and SMB Capital’s videos on YouTube as possible. Then double a demo account twice or three times using the exact strategy you intend to trade live. Once you do that then go live with small size. Small size adds up quick if you are consistently profitable. Remember to always calculate your maximum loss before every position you put on. Your technical analysis is no match for Trump’s tweets and sooner or later in this economic and geopolitical environment, you are going to get bit. Prepare for that by keeping your size small and practicing rolling positions forward in time and or up/down in price. There is no reason to take a loss on a trade. I can’t remember the last time I lost on a credit spread and I trade every day for a living. And it’s a damn good living too. Slow down, master your craft then risk your hard earned capital. You can do this.

Intrepid_Length3249

The bear case is all around the lack of clear extension of the enhanced subsidies for ACA. What is being missed is - They don't need these extensions, they're plan has been ICHRA and the BBB (Big Beautiful Bill) has just given then a silly leg up by getting ICHRA into the mainstream. The company I work for (200 US based people, multi state) are setting up our ICHRA scheme right now. Oscar lead ICHRA management as they are built from the ground up to handle them efficiently - Their SG&A costs are mainly fixed. This means for every dollar of additional sales about 15 to 18% is going to the bottom line. That 1.2% net margin people are worried about is about to get smashed and they are guiding for 5% in 2027. They always underpromise and overdeliver so more likely 6% will be the outturn. Understanding fixed cost leverage appears to be a gene that many humans lack. - Their MLR is hovering at about 80% averaged over a few quarters which is the best you can have in ACA. I believe no cap applies to ICHRA. They know their pricing extremely well after being burned a few years ago and punished by the market. - Their +Oscar platform is the cherry on top. If they licence this out and they are trying to... then suddenly they have 40% EBITDA revenue on top of their insurance model and growing SAAS revenues attract silly multiples. My belief is the x5 volume spike a few days ago without any clear news is that something BIG was signed and will come out in a week or so. - Their CEO Mark Bertolini is the absolute 🐐 check out his interviews. - They have deep government connections. They don't just know which way the wind is blowing, to a certain extent they can make it blow the way they want. Their CEO is likely the person who got Ways and Means to add these simple ICHRA changes to allow it to thrive and hoover up the SMB market. - There is lots of chat about their cash pile. Ignore this. It's almost all regulatory required for their current number of members. What got me started was this youtube video https://youtu.be/ic70uj4qUDg?si=DozERthw8lzw1z_i It's private so does not have anywhere near the views it deserves and is quality analysis on what $OSCR are up to - Bear case is ACA gets gutted (very unlikely), ICHRA fails to take off (I already have seen crazy interest in it) or good old simple failed execution (not with the track record of their current board) I am frankly ready to back the proverbial truck into this stock once it clears the volume shelf at about 18 and tests the support a few times

Additional-One-3483

That's already included in the stocks. So for SMB not easy to do ODTE

sackattack54

Check out the SMB YouTube channel. I was watching lots of YouTube videos about day trading and swing trading, and it’s all kids with goofy haircuts and shit. When I found SMB I was like hell yeah this is the real deal

ChronBurgundy

Honestly, what helped me a lot was this guy called Trade Brigade. I started watching him every morning from 8am-9:30am. I like SMB Capital videos too, but I watch anyone. You just have to be able to tell the difference between the furus that are regurgitating a bunch of bullshit and trying to drag out the video for more monetization and the guys that are explaining the strategy in simple terms. There are tons of strategies I've never tried. I really just use ORB and trade off simple support/resistance. The biggest key is just managing risk and not spiraling. I had a lot of days where I was smashing my keyboard & flipping my chair across the room. I've been a competitive gamer since I was 12 yrs old and I'm 29 now so I think that played a big part. Every time I lost money it was like getting killed and so I took notes on what got me killed and anticipated it on the next round. I explained it like that to my friend, I felt like Tom Cruise in Edge of Tomorrow lol. Just kept spawning back in and dodging the thing that killed me the day before, then getting hit with something new and learning from it. Most importantly - have fun! The stock market is a game and once you feel yourself getting tilted, log off. Also if you want to get a ton of real time reps for small capital try trading NQ or ES on a prop firm. I did Apex and paid $30 per account and got tons of reps in

iluvvivapuffs

SMB capital has a free course

DanGTG

Watch SMB Capitol on youtube to learn the ropes, very clear explanations. Also in NYC.

nik_hill

How long have you been with them? Do they also teach strategies live? I am also looking for a paid service, currently considering true trade group(70% retention rate) and SMB capital

hv876

SMB Capital offers free Options course, which while is an ad for taking their paid course, helps you really think about Options differently.

DCOperator

To build on what others have said; - protect the principal - covered calls are king - covered calls through earnings are mid, use risk reversal instead - SMB Capital is a great YouTube for options insights

nazbot

I switched our company over to Google Suite a few years back expecting it to be better. We were a SMB so it didn’t really matter which one we used. The admin tools were shockingly bad. I didn’t really get to play with the Office suite but from what little I saw it seemed better.

Necessary_Secret_562

Really dude? You just copy/pasted the entire press release without adding ANY actual DD or analysis? This is exactly the kind of low-effort pump post that makes these OTC subs useless. Let me save everyone some time: 1. This is just corporate jargon BS about "strategic realignment" and "leadership succession" with ZERO actual details. 2. There's no mention of revenue, profit, cash position, debt, or ANY financial metrics. 3. They don't even say what their actual products are or who their customers might be. 4. The CEO is stepping down but they haven't named replacements - huge red flag. 5. "Forthcoming strategic announcements" = "We have nothing concrete now but please keep buying our stock while we figure it out" This reads like every other failing OTC that's trying to buy time while they dilute shareholders. Not a single mention of share structure, outstanding shares, or how they plan to fund this magical growth. Compare this to what AITX just announced - specific product expansions (RADCam for SMB and enterprise), clear timelines (Q3 2025), and actual info about their existing inventory and manufacturing costs. That's what a real update looks like. I swear some of you would invest in anything with a flashy PR. At least do some basic research before posting this pump garbage.

Jerhed89

What? I think you mean it wil help companies with robust supply chains that have the capital cushion to make changes and weather the storm. Most companies that do not have that (I.e. nearly every small US small business owner) will have a very hard time; this will lead to massive consolidation, less choice for consumers, and any enterprise organization that serves the SMB market will be severely impacted. Couple this with automation that allows organizations to become more efficient with fewer people, I can’t see how this is good for America without federal and state intervention.

Few_Ad_7689

Block is building a launchpad, not a cliff. For Square alone: 1. POS market leader with 27% share and still growing. The competition is fragmented. Square is the Amazon of SMB payments. 2. Massive upside in retail POS adoption, expected to more than double by early 2030’s. Beyond Square, add in AI, Bitcoin mining, and a full-stack financial ecosystem with Cash App, and you’ve got a fintech rocket that’s been oversold. Accumulating here.

Sukomoto

I do not think rate cut in its own, and in isolation of other factors, will boost the economy, but sure it will make access to capital more attainable to SMB and corporate America alike, which should induce productivity

PyRosflam

Sadly I think your right. We're about to see at least a 2 wave or 3 wave crash. All the "Good"Earnings are just ghosts because of whats about to happen. Tomorrow morning Ports put out their monthly data, Its going to be a blood bath, -30% or more traffic. Its not down more as some high value cargo got through and teriffs are based on when the ship leaves not when it gets here. That means May data could be much much worse as Port Traffic will drop more. Then the rolling failures start, small businesses will just go under and already know this, larger ones will refuse teriff adjustments (like Albersons) resulting in empty shelfs even faster. Doc workers and truckers are going under right away as well. 2nd order effects then kick in, SMB bankrupcys hit the realestate and banking sectors like a ton of bricks. Lending will freeze up. The fed might step in but how is anyones guess. If they make loans cheap we get MORE inflation and Trump wins (but he doesn't as the 10 year T will go sky high from Chinease and Japanse selling) If rates go up, as is the norm for stagflation, were more stuck since we cant import anything and we cant get loans for new business locally. First order effects will happen at this point, market will crash again, Jobs lost, GDP goes down. 2nd order effects need about 3 months to really happen. To stop those we need a total policy shift including Teriffs and Immigration. Short verson, not happening till GOP feels real pain.

icebreakers0

seems like the best move to make for Walmart. Even with Tariffs, they could be the biggest account holders to some of their partner manufacturers. Walmart can ask these manufacturers to reduce prices to move goods in bulk. SMB's can't make these moves and will suffer once their inventory dries up. People will have nowhere to turn but to buy from Walmart.

redditsgonecorporate

“Peace Bridge duty-free shop goes into receivership amid plummeting traveller volumes” early sign of what’s to come. Huge drop in tourism and the spending that comes with it. Now imagine how this is hitting SMB on border towns.