adbl_ms_membershipImage_includedwith_altText_B076FLV3HT
adbl_ms_membershipImage_includedwith_altText_B076FLV3HT

1 audiobook of your choice.
Stream or download thousands of included titles.
$14.95 a month after 30 day trial. Cancel anytime.
Buy for $6.95

Buy for $6.95

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's Summary

Looking for some extra monthly income?

Tired of living from paycheck to paycheck?

Sitting in cash, scared to buy stocks, but sick of savings accounts that pay next to nothing? Then you are ready for a Monthly Cash Machine.

Learn to harness the power of options to turn every Friday into a payday.

Even if you know nothing at all about trading options, this guide will quickly bring you up to speed, with step-by-step instructions and extensive examples.

Amazon best-selling author Matthew Kratter will teach you options strategies that anyone can use to generate monthly income.

You will learn:

  • Trading strategies that work in bull and bear markets
  • Insider tricks used by professional traders
  • Why option sellers have a huge advantage over option buyers
  • High probability winning trading strategies
  • How to make money using iron condors, spreads, and other strategies
  • Join the thousands of smart traders who have come over to the "selling side".

    Now is the time to get started making money the easy way.

    And if you ever get stuck, you can always reach out to me by email (provided in the book), and I will help you.

    Get started today.

    ©2016, 2017 Little Cash Machines LLC (P)2017 Little Cash Machines LLC

    What listeners say about Monthly Cash Machine

    Average Customer Ratings
    Overall
    • 4 out of 5 stars
    • 5 Stars
      32
    • 4 Stars
      8
    • 3 Stars
      6
    • 2 Stars
      1
    • 1 Stars
      5
    Performance
    • 4 out of 5 stars
    • 5 Stars
      23
    • 4 Stars
      9
    • 3 Stars
      5
    • 2 Stars
      1
    • 1 Stars
      5
    Story
    • 4 out of 5 stars
    • 5 Stars
      21
    • 4 Stars
      11
    • 3 Stars
      5
    • 2 Stars
      1
    • 1 Stars
      4

    Reviews - Please select the tabs below to change the source of reviews.

    Sort by:
    Filter by:
    • Overall
      5 out of 5 stars
    • Performance
      5 out of 5 stars
    • Story
      5 out of 5 stars

    Great for learning how to make money in Options

    This is a quick read (or listen, on Audible) , yet full of very informative material. Iron Condor strategy is discussed along with some variations of it. I feel the Author does a great job explaining the details of how to use this strategy to your advantage as well as the many possible outcomes that may occur. I think this is a great resource for someone wanting to learn more about making money in the Options market . With that being said , I think some basic knowledge of Options Trading Terminology is necessary for this read. I have now read 2 of Matthew Kratter’s books, both of which I have found to be interesting and very helpful!

    1 person found this helpful

    • Overall
      1 out of 5 stars
    • Performance
      1 out of 5 stars

    doesn't help.

    it is high level and not detailed enough. he didn't make it simple for user

    1 person found this helpful

    • Overall
      5 out of 5 stars
    • Performance
      5 out of 5 stars
    • Story
      5 out of 5 stars

    Very to the point!

    The writer does a good job of getting right to it and explaining the different methods of selling options in a clear and concise way. Very helpful!

    • Overall
      5 out of 5 stars
    • Performance
      5 out of 5 stars
    • Story
      5 out of 5 stars

    Well written

    A little too concise and a little too much professional lingo that was not very well explained. I would have preferred if he had reiterated the trading plan using more common words after he gave it. For instance:

    “After you sell the put at the 110 strike at 0.70 ( that’s 100 shares per contract and 10 contracts for $700 that you receive) you buy the put at the 108 strike at 0.35 or $350 that you pay” (or that’s as close as I can remember)

    I would have preferred something like “after you sell the put for .70 a contract you collect right away $700. The price you collect is per share. You are selling 10 contracts and each co tract has 100 shares. So you get 70 cents we share times 100 is 70 dollars per contract and you sold 10 close tracts so that’s 70 dollars. Next you right away buy the same number of contracts of the same stock, at the same option date, and a slightly lower strike. The strike refers to the actual price of the stock when the put expires so that the pot option itself will have no value. The distance between the strike of the put that you sell and the strike put that you buy limits how much you would be responsible for if the stock dropped down below the lower strike. In this case, if CYZ dropped to 108, of even if it dropped to 50, we would only be responsible for $2000. You would be forced to sell XYZ shares at $110, but then you would turn right around and buy it at $108. So sell 10 contracts x 100 shares per contract x 110 = 110000 and buy 10 contracts x 100 shares x 108 = 108000. So $110,000 - $108,000 = $2,000 which is the most for which you would be responsible...no matter how far the price dropped.

    But that’s just me. I would have preferred a 90 minute audible with enough reiteration over a 60 minute read so I wouldn’t have had to go back and relistened so much. But again, that’s just me.

    I wouldalso have liked a discussion of how you chose the strike distance. It seems a little arbitrary. Would it be better to buy 10 contracts with a $1 strike distance, or 5 contracts with a $2. I’m sure the answer is: “it depends”, but I’d like to hear your reasoning behind how you choose

    but all-in-all it was a well laid-out, logical, and encouraging presentation of the content. Nice job

    • Overall
      5 out of 5 stars
    • Performance
      5 out of 5 stars
    • Story
      5 out of 5 stars

    Solid Information

    This was a great listen. I have a ways to go in fully understanding the material covered, but I feel highly encouraged to do so. Thanks again for putting such great information together for someone seeking a win.

    • Overall
      5 out of 5 stars
    • Performance
      5 out of 5 stars
    • Story
      5 out of 5 stars

    Love the material. Thanks, Matt.

    Your clear explanations, along with Norgaard’s professional narration, are perfect for learning as I roll down the highway