Looks like my options are starting to come back to life. I got a 12% profit on my SLV option. Thanks greg, I would never have purchased it unless you mentioned it. I usually only buy QQQ options. I have an AAPL Call because one of my Trading Club members wanted me to buy it.
Thanks Greg! I was thinking the same about caution. I’m not hedged on anything cuz of long expiration and I agree with your thesis that central banks will continue to inflate, but I’m pretty cautious right now.
I keep thinking they are going to tank the market after the election this evening, tomorrow, or whenever the final winner is truly announced. I mean, I expect only GAMES from these jokers. It doesn't matter what they do, I will make money one way or the other because I am both long and short. Hahahahahahahahaaaaaaaaaaaaa!
Thanks Greg, kind of like the expectation of opening a present expecting a brand new BB GUN, and open the present to find a BAG OF SWITCHES!!! I would have expected the markets to have stayed somewhat flat to see what happened first, but of well this happy day today could turn into a very tearful day tomorrow!!!
Looks like my options are starting to come back to life. I got a 12% profit on my SLV option. Thanks greg, I would never have purchased it unless you mentioned it. I usually only buy QQQ options. I have an AAPL Call because one of my Trading Club members wanted me to buy it.
https://docs.google.com/document/d/1fng07p4u_2iTqeSKXMHfyTYNZbEEuGNGdd9zFa7jB5E/edit?usp=sharing
Thanks Greg! I was thinking the same about caution. I’m not hedged on anything cuz of long expiration and I agree with your thesis that central banks will continue to inflate, but I’m pretty cautious right now.
I think run it up and dive...
even if it's contested, you still think there will be a relief rally until the contesting?
Yes. all away until December. Based on previous performance during election.
I keep thinking they are going to tank the market after the election this evening, tomorrow, or whenever the final winner is truly announced. I mean, I expect only GAMES from these jokers. It doesn't matter what they do, I will make money one way or the other because I am both long and short. Hahahahahahahahaaaaaaaaaaaaa!
The market is not omnipotent
I'm today 12% profit in 2 contracts, should I pull profit and wait until a president is elected?
12% = equal the whole year of gains in normal market, just for reference.
That's the beauty of options....potentially high gains fast.
That's because Vegas Betting odds for any candidate is going up and up. Has nothing
to do with feeling bad about your candidate losing or that other one losing. It's the
gambling odds makers at work showing you their inside information and so the market
is reacting to that information as well as information coming in from all sorts of sources
so whether this candidate loses or not it shouldn't make any ballers for Trump, who always
talk tough cry or ballers for Biden cry either. In either case, we probably have a rocky road
ahead and many "detours" without any "detour" signs. Me personally folks, Greg has it
right we either come together or we're going to have "severe problems". If I'm on a fishing
boat off the Coast of Seattle bringing up King Crab Lobster Traps and suddenly I have
60-70 mile an hour winds and 16 foot waves, I need "every hand on deck or at their stations"
because the integrity of the ship and keeping it floating back to "safe harbor" is always the
captain and crews one and only interest so they they will heave and hoe and turn the ship
into the wind even if the wave comes crashing over the front deck and then freezes on the
deck making the ship "top heavy" in the front of the ship. So, a crew member or members
has to go tied in of course to chop off the ice so that my ship continues to stay high in the
front of the ship and not taking on any water.
That's what we all need to keep in mind today and for the next ten days. When we finally
get to "port" maybe someone can ring the "Liberty Bell" to acknowledge rough and treacherous
seas howled all around us "but" we brought "our ship" to port safely with all crew safe and
to our "home port".
I bought 10 contracts on SBUX nov exp. then sold
What is going on with SPXL JAN 15 2021 75 CALL ???
Thanks Greg, kind of like the expectation of opening a present expecting a brand new BB GUN, and open the present to find a BAG OF SWITCHES!!! I would have expected the markets to have stayed somewhat flat to see what happened first, but of well this happy day today could turn into a very tearful day tomorrow!!!
same. i'm surprised by this. i wan't planning on even watching my red calls today! now they are turning green...