Greg - I wanted to say how much I appreciate you sharing your knowledge with us, and on top of that, giving us free advice/recommendations on trades....(even though you have only been right 100% of the time so far!) Not many people would give back the way you have.... Thanks again, I am getting your book and looking forward to learning more about trading credit spreads....
I might can help but maybe not as good as Greg, but just say two weeks ago the Slime Monster Kudlow let slip on the White House lawn in an Interview, that the China Trade Deal was DEAD!!! The markets turned a cartwheel overnight and dropped like a rock before the next morning??? I woke up and was like, WHAT HAPPENED??? But then over the next day or two it was back to Business as usual, and even though Trump went into hiding for TWO weeks the markets heard the AWEFUL news and digested it. Now everyone knows there is NO CHINA TRADE DEAL but it doesn't matter because the Market already ate it and crapped it out, and that story has been flushed down the toilet, and now on to the next FAKE NEWS STORY!!!
i bought this weeks ago and have not been able to do them yet...as my money is still tied up in the calls. my understanding is, i would have to have enough in my account to actually buy the stocks if exercised. that is what is holding me up from doing this.
ok, so you close the position early if you want to exit so as not be assigned. but i thought that a buyer of a contract has the right to buy or sell shares at strike price and therefore, I don't understand how the seller of a contract can exit this without giving the buyer the right to do exercise....
Greg, Thank you for the paper. While I was reading I started wondering if there are any usable credit spread calculators out there. Do you know of any such product?
Greg - I wanted to say how much I appreciate you sharing your knowledge with us, and on top of that, giving us free advice/recommendations on trades....(even though you have only been right 100% of the time so far!) Not many people would give back the way you have.... Thanks again, I am getting your book and looking forward to learning more about trading credit spreads....
Is this a personal strategy of yours or is this something that is widely done? I am very interested
Greg... when you say that the market has "priced in" something, what do you mean by that? Thanks!
I might can help but maybe not as good as Greg, but just say two weeks ago the Slime Monster Kudlow let slip on the White House lawn in an Interview, that the China Trade Deal was DEAD!!! The markets turned a cartwheel overnight and dropped like a rock before the next morning??? I woke up and was like, WHAT HAPPENED??? But then over the next day or two it was back to Business as usual, and even though Trump went into hiding for TWO weeks the markets heard the AWEFUL news and digested it. Now everyone knows there is NO CHINA TRADE DEAL but it doesn't matter because the Market already ate it and crapped it out, and that story has been flushed down the toilet, and now on to the next FAKE NEWS STORY!!!
Buahahahaha! That was great! Thank you, fellow lion!
Yes Sir, ordering one now. Thanks Greg!!!
Just bought it!
Bought it last week, thanks a mil.
Once I get a little money I will get this. Do you think it's a good idea to do forex market right now??
It's like, $5.
I have 0. In my bank. Waiting for pay from my gigs.
I finally realized recently that working is one of the worst, most inefficient ways to make money. I'm not doing that anymore, things are improving.
i bought this weeks ago and have not been able to do them yet...as my money is still tied up in the calls. my understanding is, i would have to have enough in my account to actually buy the stocks if exercised. that is what is holding me up from doing this.
ok, so you close the position early if you want to exit so as not be assigned. but i thought that a buyer of a contract has the right to buy or sell shares at strike price and therefore, I don't understand how the seller of a contract can exit this without giving the buyer the right to do exercise....
the other confusing point is if you are bullish and you sell a put and then buy a put that is even lower...i'm a bit confused on that one. anyone?
I just bought the credit spreads book!
Thanks for all you do boss man.
Greg, I bought it today (had promised a month ago I would)
Got it! Thanks Greg!
Greg, Thank you for the paper. While I was reading I started wondering if there are any usable credit spread calculators out there. Do you know of any such product?