16 Comments
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BB's avatar

Have quite a few shares of JPM and VDE PREPPING for oil to move higher and bring the banks with it….thanks for your help

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JOE69's avatar

BAC $46.29 for my long portfolio, I had this @$24 like an idiot sold it $38

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Ant Justice's avatar

Everyone makes mistakes bro, it is what it is

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Elizabeth's avatar

Greg, with you all the way.. we can't fix STUPID & I feel for you taking all the brunt from fools! THANK YOU so much for everything. It's very disturbing to me too. I watched your special report last night. Thank you. I know you & how much you do & the BS you get just because YOU CARE!

Having difficulty to comment on videos. My yahoo email stopped on my pc in nov (google too).

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Kevin's avatar

Any justice here’s selling out of the money put

For example, if the stock is at $50 per share and you sell put options with a strike price of $25, the stock would have to decline from $50 all the way below $25 for you to start to lose money on the trade. The trade-off of selling far OTM puts is that the premium received for each contract is less than for puts with higher strike prices.

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Markinthelight's avatar

Thanks again.

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Scott Heller's avatar

Thankyou G

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JOE69's avatar

JPM chart in a death cross i don't own this yet watching it like a hawk

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Ant Justice's avatar

What does way otm mean?

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John's avatar

Out the money. If a stick today is $100, anything greater than $100 is OTM. Way out is subjective and up to you. I’m not aware of how you sell puts without cash securing them.

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Ant Justice's avatar

Thanks for clarifying!

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Mafi's avatar

out of the money, meaning below current strike price (Greg recommends 20%, afaik)

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Ant Justice's avatar

Thank you!

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Elizabeth's avatar

Greg, with you all the way.. we can't fix STUPID & I feel for you taking all the brunt from fools! THANK YOU so much for everything. It's very disturbing to me too. I watched your special report last night. Thank you. I know you & how much you do & the BS you get just because YOU CARE!

Having difficulty to comment on videos. My yahoo email stopped on my pc in nov (google too).

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Mike's avatar

Thank you GM!

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Guzla's avatar

Sounds good Greg!

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