This is the comment I tried to post on your video that you tube said this action is not allowed 📫 As long as the 🇺🇸 FEDERAL RESERVE 🏦 can print money out of thin air wars will never end until the world is depopulated of the human race.
I have sold many puts of Greg’s bank suggestions over the past 2 weeks and am now in an absolutely terrible financial situation! Am I the only one here?
Selling puts is a nightmare if things go wrong. Unless you have lots of funds or own the stock, I would not recommend it. The loss can be substantial, even with the 20% margin that GM suggests. For example, first dip for JPM was around 160$. GM suggestion is to sell puts 20% OTM, this was around 130 put. Looks likely to go that dip, but hopefully will not go lower and might expire. If your Put has a higher price, you are in trouble I am afraid...
I would go for credit spreads, at least you know the precise max loss. And if you don't have much capital, buy the dips, when recommended, in bites and don't make your life extra complex. That's what I do now.
Me personally, I gave up on derivatives on shares. Not sure risk/reward goes on your side. Good luck
I know he says not to buy calls, but personally, I still buy calls. I like knowing my max loss. Personally, I've lost a lot on some bank plays, but now just buying more of the long dated calls. Also, need diversification. Calls on commodities have done really well
can someone explain to me, i am just filing very stupid right now :D ....the 10year yield is going down and DXY up, this is called a Safety trade, but stocks are down. Does this mean that the money is going out of the debt and stonks market to cash (DXY) and commodities? what happens when both are going down, where does the money go? what happens when DXY is down and 10yield is up? can anyone explain all situations regarding commodities, stonks, DXY and 10 year yield. THANK YOU
Crude is going nuts! Hahahahahahaa! Are you guys buying the financials dips?
Why are people buying bonds? I wouldn't buy a bond if you gave me the money to do it.
If you give me the money I'll put it in my Swiss silver account and tell you I bought the bonds 😆💰🤑
Ill yolo it into a meme coin, its not my money after all
Hahahahahahahahahaaaaaaa! Good one! 🤣
Old people have been lied to their entire lives…. They CANNOT stop living the lie now….
They are hurting their families to help a criminal, traitor, government.
You be well sir.
Not yet. Crude is going down. Too many people in crude now.
Will buy SOXX. I think Gold and silver may be good too.
I would like to see a pullback in oil first. Maybe we will get it.
bought some more today
I just picked up a handful of BAC.
The bulls, bears, pigs, and sheep are in a panic! The Lions and Sharks smell the blood. Feeding time! Thank you Greg!
Lol. Good one
Thank you💗💓 Greg
MMRI down to 104.
This is the comment I tried to post on your video that you tube said this action is not allowed 📫 As long as the 🇺🇸 FEDERAL RESERVE 🏦 can print money out of thin air wars will never end until the world is depopulated of the human race.
Holding banks and accumulating daily! Russian ETF RSX is so cheap it is paying almost 15% dividend! Also, ERUS is over 12%. Thoughts please?
Down big on financials. NO PROBLEM! Up big on commodities. Taking some profit there and adding to Financials.
Same here Ryan.👍 I am waiting awhile before I add to banks again.
I have sold many puts of Greg’s bank suggestions over the past 2 weeks and am now in an absolutely terrible financial situation! Am I the only one here?
Selling puts is a nightmare if things go wrong. Unless you have lots of funds or own the stock, I would not recommend it. The loss can be substantial, even with the 20% margin that GM suggests. For example, first dip for JPM was around 160$. GM suggestion is to sell puts 20% OTM, this was around 130 put. Looks likely to go that dip, but hopefully will not go lower and might expire. If your Put has a higher price, you are in trouble I am afraid...
I would go for credit spreads, at least you know the precise max loss. And if you don't have much capital, buy the dips, when recommended, in bites and don't make your life extra complex. That's what I do now.
Me personally, I gave up on derivatives on shares. Not sure risk/reward goes on your side. Good luck
I know he says not to buy calls, but personally, I still buy calls. I like knowing my max loss. Personally, I've lost a lot on some bank plays, but now just buying more of the long dated calls. Also, need diversification. Calls on commodities have done really well
I am buying these like mad. Love days like this.
Hopefully recovers in time for my put spread this week
Eyes open, stayin' cool. ;-)
Thanks Greg!
Thank you for being on it. I have learned alott from you.
Where’s the bottom? JPMC just taaaaaanking.
can someone explain to me, i am just filing very stupid right now :D ....the 10year yield is going down and DXY up, this is called a Safety trade, but stocks are down. Does this mean that the money is going out of the debt and stonks market to cash (DXY) and commodities? what happens when both are going down, where does the money go? what happens when DXY is down and 10yield is up? can anyone explain all situations regarding commodities, stonks, DXY and 10 year yield. THANK YOU
Sounds like the banks are on sale.