Greg, or other Lions, we are long XLE and even bought moreto add to the position. We obviously have time on these options, but find the energy sector under pressure. Is the current thought to ride it out (because we are still more bullish than bearish) as opposed to cutting loses? Thanks in advance!
Never sell for a loss if you don't just absolutely have to. add to your position if if falls away from your strike price. If you do sell for loss keep it to a very very small loss, and sometimes you might take a $5 or $10 loss of small profit or break even if you need the capitol to buy into a better option and reposition with more potential than the one your holding.
Greg, as I look at this, we are hugely exposed to a highly overvalued market. If you get a major crash signal to sell like you did that Friday before the crash, we are massively exposed to a loss on many of these that are not doing well (at least at these entry points). Is this wise here?
Hi all, question if you don't mind please. When greggory says "Jan 2021" does that mean we could potentially need to wait until then to get the call price , 8n the alert ? Thanks
Thanks for the calls Greg, much love. Seeing some volatility in on DOW30. VIX moved heavy early this morning. Watching copper, oil and bonds, rough rice as well on the commodity side. Bus in place for silver between 18.1 and 18.5 Troy ounce. Loading up when it hits, Gold and silver will draw back, crypto may take a little hit, good time to pick up if BTC sees the supports break to 8700 before a possible move to 7600
Thank you Greg, I appreciate all you do every day. Not easy to give 2 market commentaries everyday plus everything else you do!
Thank you for everything...
Also Amazon looks good to me
Greg, or other Lions, we are long XLE and even bought moreto add to the position. We obviously have time on these options, but find the energy sector under pressure. Is the current thought to ride it out (because we are still more bullish than bearish) as opposed to cutting loses? Thanks in advance!
Never sell for a loss if you don't just absolutely have to. add to your position if if falls away from your strike price. If you do sell for loss keep it to a very very small loss, and sometimes you might take a $5 or $10 loss of small profit or break even if you need the capitol to buy into a better option and reposition with more potential than the one your holding.
Greg, as I look at this, we are hugely exposed to a highly overvalued market. If you get a major crash signal to sell like you did that Friday before the crash, we are massively exposed to a loss on many of these that are not doing well (at least at these entry points). Is this wise here?
Thank you
Thanks! But when did you sell your BA positions?
Thank you Greg!
Yes Sir, I'm right there with you with the exception of 2. Thanks Greg!!!
Hi all, question if you don't mind please. When greggory says "Jan 2021" does that mean we could potentially need to wait until then to get the call price , 8n the alert ? Thanks
No, Greg never waits this long.
Thanks, Understood, but why mention it in the alert ?
Im wondering the same! Im not a trader like the rest. Still a Roockie
roger that
Thanks
Thanks for the calls Greg, much love. Seeing some volatility in on DOW30. VIX moved heavy early this morning. Watching copper, oil and bonds, rough rice as well on the commodity side. Bus in place for silver between 18.1 and 18.5 Troy ounce. Loading up when it hits, Gold and silver will draw back, crypto may take a little hit, good time to pick up if BTC sees the supports break to 8700 before a possible move to 7600
how much do I need to start speculating with options?,...thanks!
i know the stimulus and everything but don't you think the worse US-China relations might affect apple stock. thnks for the positions
What is the right (minimum) percentage to close? and most importantly how can we calculate it? Thanks