Thanks so much for this and all you do - i really appreciate your help so pls don't think i don't by my next comment! (but i do have to say MSFT was a 190 call)...and i did hesitate even tho it was just OTM (the first one in line). i hope that 190 will happen. otherwise, I wonder if I should just sell the contract w/ a small loss soon before too much time decay. that is their ATH back in Feb. Any others in this boat? thoughts?
If you have Jan calls there's a good chance to make a profit. Maybe within the next week or so. Study Greg's 123Boom system on his web page. It looks like msft will go higher next week
There's a lot that has happened so far this year and most people don't understand why or what is going on. I'm going to try to explain it the best can.
On Friday, the 13th day in March, the president declared a National emergency based on data from the World Health Organization, the CDC, and doctors who are supposedly the top in our nation. We were told millions would die. We were told that COVID-19 had a death rate of 3.4%. We were told that we needed to shut everything that we could down for a couple weeks to help ease the strain on hospitals. Some people complied because they were scared, while others complied because they didn't want to be the cause of someone else's sickness or death.
The powers that be then started borrowing money from the Federal Reserve for various reasons, one of them was to add an extra cushion to unemployment, another was the stimulus checks, and we all know big corporations also got their handouts. By March 18th, I realized what was going on and I laid it all out in a post that day. I reposted that post recently and have added information to it to build my case. It's the 2nd or 3rd post down from this one on my home page, it's definitely worth a read.
Over the next 10 weeks people were told to stay home, wear a mask, and social distance and because they believed that it was for the good of the country many did exactly that, some are still doing it.
So what we had was roughly 70 days of people cooped up, with no paychecks, no jobs, and, in a sense, no purpose. We were separated from our coworkers, our friends, and our families. This has a huge psychological impact. It effects your mental and your physical health.
As time went on, tensions grew.
That brings us to early this month. We were introduced to Amaud Abrey and 2 racist rednecks, that conveniently fit almost every stereotype in the book. The are from south GA, they own guns, they drive a pickup, one of them worked for a 'good 'ol boy' police department and then they killed a black man in broad daylight, which was all caught on video.
Now, this shooting happened 2 months before the video was released. When the video was released we had been hiding out for about 8 weeks and we were getting extremely restless. Protests against the shutdown had started all around the country, indicating that people had had enough. It was time to reopen, and that was slowly starting to happen. I posted my concerns about what was next on May 7th, which I reposted recently and it is my post below this one. I reccomend you look at that post also.
That takes us to Memorial day weekend. There were several news storied over that period about racism.
-May 21 We had news about VWs racist ad
-May 22 Joe Biden makes his 'You ain't black' comment
-May 23 Woman posts racist flyers on doors
-May 25 'Karen' calls the cops on African American bird watcher
-May 25 George Floyd murdered on camera by white cops
Racism is sick, it's disgusting, it's repulsive and it happens every day and no one I know disputes that. But what we have here is a perfect storm.
People were scared and confused. People have been out of work. People have been cooped up. Peoples daily routines broken. Many are trying to figure out how they will be able to make that huge mortgage payment that will soon be due from the months they missed due to COVID-19 and shutting down.
Most of all, people are ready to fight and they don't care who.
Those in control knew this and they didn't want the people to turn against them. They needed a scapegoat. They used the media as a tool to get people to focus the anger and frustration that had been building in a direction other than where it truly needed to be directed. They manipulated us to focus on each other and the police.
Now we are burning down cities, fighting one another when we should be uniting, raging against the machine that purposely divided us and who is currently using us as tools so they can gain more power and control over us, all while bankrupting us and the country.
It was all planned out before it happened. They manipulated real events to create a narrative, to get our emotions running wild, to get us to react exactly like they wanted us to and we fucking fell for it.
Now we have martial law coming into play in many cities and probably a civil war if people don't wake the fuck up. But hey don't listen to me I'm just a dumb stagehand snd just another redneck in a pickup. What do I know?“
Hey Greg what's your thoughts on the kinesis money system? It seems like a good idea to me, but I wanted to see what your professional opinion was on it too.
Greg, I NEEDED THIS , THANKS BRO, I WAS all over the place, immed started charting appl, realized scream buy this am and grabbed 1 call, up nicely, gonna hold till charts say sell....
Should have followed 🤦♂️ For some reason I put a call on Uber long Jan 15th so volatile up down down up I should consider playing the other side putting a put on Uber as well. I’m new to the game due to the volatile nature straddle might be my best bet
I need a little advice how I should play this position would straddle be the best bet due to the volatile nature? Uber has a 57% volatility rating on Robinhood or should I just ride out the position with the call I put in?
Jan 15 is good...gives time for it to work out. What was your strike price? If your strike price was just out of the money then you should reach a time over the next few weeks or a month where the stock price reaches that price.
$36 call $42 to break even I put a put option today on Uber to limit loss contract exp tomorrow was in the money took profits limiting the loss I’m enjoying learning the trading side of this market I learned that Straddle move by the man himself and used it today pretty good move
Thanks so much for this and all you do - i really appreciate your help so pls don't think i don't by my next comment! (but i do have to say MSFT was a 190 call)...and i did hesitate even tho it was just OTM (the first one in line). i hope that 190 will happen. otherwise, I wonder if I should just sell the contract w/ a small loss soon before too much time decay. that is their ATH back in Feb. Any others in this boat? thoughts?
If you have Jan calls there's a good chance to make a profit. Maybe within the next week or so. Study Greg's 123Boom system on his web page. It looks like msft will go higher next week
Thank you! and again thank you to Greg!
Mrk and jnj today! GM way ahwad of the curve like always👍
Stealing the face right off their heads!
Thank you for everything Gregory!
GREG: “Please stay with me on this.
There's a lot that has happened so far this year and most people don't understand why or what is going on. I'm going to try to explain it the best can.
On Friday, the 13th day in March, the president declared a National emergency based on data from the World Health Organization, the CDC, and doctors who are supposedly the top in our nation. We were told millions would die. We were told that COVID-19 had a death rate of 3.4%. We were told that we needed to shut everything that we could down for a couple weeks to help ease the strain on hospitals. Some people complied because they were scared, while others complied because they didn't want to be the cause of someone else's sickness or death.
The powers that be then started borrowing money from the Federal Reserve for various reasons, one of them was to add an extra cushion to unemployment, another was the stimulus checks, and we all know big corporations also got their handouts. By March 18th, I realized what was going on and I laid it all out in a post that day. I reposted that post recently and have added information to it to build my case. It's the 2nd or 3rd post down from this one on my home page, it's definitely worth a read.
Over the next 10 weeks people were told to stay home, wear a mask, and social distance and because they believed that it was for the good of the country many did exactly that, some are still doing it.
So what we had was roughly 70 days of people cooped up, with no paychecks, no jobs, and, in a sense, no purpose. We were separated from our coworkers, our friends, and our families. This has a huge psychological impact. It effects your mental and your physical health.
As time went on, tensions grew.
That brings us to early this month. We were introduced to Amaud Abrey and 2 racist rednecks, that conveniently fit almost every stereotype in the book. The are from south GA, they own guns, they drive a pickup, one of them worked for a 'good 'ol boy' police department and then they killed a black man in broad daylight, which was all caught on video.
Now, this shooting happened 2 months before the video was released. When the video was released we had been hiding out for about 8 weeks and we were getting extremely restless. Protests against the shutdown had started all around the country, indicating that people had had enough. It was time to reopen, and that was slowly starting to happen. I posted my concerns about what was next on May 7th, which I reposted recently and it is my post below this one. I reccomend you look at that post also.
That takes us to Memorial day weekend. There were several news storied over that period about racism.
-May 21 We had news about VWs racist ad
-May 22 Joe Biden makes his 'You ain't black' comment
-May 23 Woman posts racist flyers on doors
-May 25 'Karen' calls the cops on African American bird watcher
-May 25 George Floyd murdered on camera by white cops
Racism is sick, it's disgusting, it's repulsive and it happens every day and no one I know disputes that. But what we have here is a perfect storm.
People were scared and confused. People have been out of work. People have been cooped up. Peoples daily routines broken. Many are trying to figure out how they will be able to make that huge mortgage payment that will soon be due from the months they missed due to COVID-19 and shutting down.
Most of all, people are ready to fight and they don't care who.
Those in control knew this and they didn't want the people to turn against them. They needed a scapegoat. They used the media as a tool to get people to focus the anger and frustration that had been building in a direction other than where it truly needed to be directed. They manipulated us to focus on each other and the police.
Now we are burning down cities, fighting one another when we should be uniting, raging against the machine that purposely divided us and who is currently using us as tools so they can gain more power and control over us, all while bankrupting us and the country.
It was all planned out before it happened. They manipulated real events to create a narrative, to get our emotions running wild, to get us to react exactly like they wanted us to and we fucking fell for it.
Now we have martial law coming into play in many cities and probably a civil war if people don't wake the fuck up. But hey don't listen to me I'm just a dumb stagehand snd just another redneck in a pickup. What do I know?“
Hey Greg what's your thoughts on the kinesis money system? It seems like a good idea to me, but I wanted to see what your professional opinion was on it too.
Hi Greg, Any chance you can point me to a video / article about your Options system? Or if you could briefly explain here.
I see you suggest Calls for Jan 2021. Is it (OTM next one in line)?
Thanks in advance
Thank you for leading the way in your field and helping others at the same time!
think its still a time to get into these positions now?
If you can get the same strike price as Greg I think yes
🤓👍
Greg, I NEEDED THIS , THANKS BRO, I WAS all over the place, immed started charting appl, realized scream buy this am and grabbed 1 call, up nicely, gonna hold till charts say sell....
Should have followed 🤦♂️ For some reason I put a call on Uber long Jan 15th so volatile up down down up I should consider playing the other side putting a put on Uber as well. I’m new to the game due to the volatile nature straddle might be my best bet
I need a little advice how I should play this position would straddle be the best bet due to the volatile nature? Uber has a 57% volatility rating on Robinhood or should I just ride out the position with the call I put in?
Jan 15 is good...gives time for it to work out. What was your strike price? If your strike price was just out of the money then you should reach a time over the next few weeks or a month where the stock price reaches that price.
$36 call $42 to break even I put a put option today on Uber to limit loss contract exp tomorrow was in the money took profits limiting the loss I’m enjoying learning the trading side of this market I learned that Straddle move by the man himself and used it today pretty good move
Up 13% on Uber not bad for a first time trade I might consider taking profits
xle should be good. waiting for the right pricepoint in a pull back
Hi Greg
How did you get rid of UCO?
Day after you posted a buy it split and I'm getting killed
There was a profit prior to the split. If you are still in it with long dated options you could hold.
Thanks