I'm new to Greg's work and I'm not an options expert by any means, although, wouldn't the put trade have a higher probability of success considering the pre-market conditions?
<<<Lions.. I am looking at buying SPY March 19 2021 $362 calls at or near the open.>>>
He said he's "looking at buying." In other words, that is his intention, he didn't DO it. He was looking for an entry point like the rest of you should have been doing. He's letting you know he's going long on a 4 months out contract. Where exactly you get in is no big deal compared to where this thing is going. Buy and hold. Buy and relax. If you bought the Call you did well.
so did I but still deep in the red. and i've day traded enough that I HAVE to get out of this trade today or i'll be locked out for 90 days! man...something so right turned so wrong in one hour! lol
will end @ supreme court. the stage is set. there is no doubt the election was rigged in massive way. Biden will never be president. Only question is WHEN market realizes it. not if. It is also for sure that MSM will lie till the end and Social Media Giants will censor like hell.
The electors of the Electoral College are only decided by popular vote due to state laws. The Republican state legislators have been shown that the election was rigged and some are moving to retake control of assigning electors from the popular vote. This may not reach the Supreme Court, but instead be decided within the battleground states.
Is Greg now currently in this trade or is he just looking for an entry point? This is sort of confusing. I had purchased calls at the open, maybe it was not the best entry point.
it was definitely not the best entry point. and i learned a lesson today to never enter a trade immediately until you suss out which direction it's going in. luckily i accidentally bought puts to save me.
if not, he should have clarified that. the message was at open i'm buying spy calls. it literally went straight down. could not have been a worse time to calls.
whoa. i just made a lot of money and already closed. i accidentally bought puts! lol
shit happens :-)
and i was going to buy appl at the open! ugh. have you seen it??
Yes, I bought AAPL Calls last week when it was down and killing it this morning!!!
ugh! good for you tho!
i am not interested in bigtechs anymore. think china. think section 230.
yeah but look at what it did in the open. i was going to buy calls...but got distracted with spy. lol
i know! at first i was cursing myself and then bought calls too. now waiting and watching on those calls...
I ordered then canceled. Had a bad feeling.
Goodgirl!
smart lady
*As of today 10:54am EST*
SPY March 19 2021 $362 Calls (Greg's Pick) is down 7.76%, Volume 2.20K
SPY March 19 2021 $362 Puts is up 122.36%, Volume 44.61K
I'm new to Greg's work and I'm not an options expert by any means, although, wouldn't the put trade have a higher probability of success considering the pre-market conditions?
yes puts would have made you a lot of money this morning.
don't follow the herd, or the trade will be a turd :)
this was a terrible entry to buy at the open
awful. such a big drop it's insane to have made this "call". makes me question this system and motives.
Greg didn't say he bought, he said:
<<<Lions.. I am looking at buying SPY March 19 2021 $362 calls at or near the open.>>>
He said he's "looking at buying." In other words, that is his intention, he didn't DO it. He was looking for an entry point like the rest of you should have been doing. He's letting you know he's going long on a 4 months out contract. Where exactly you get in is no big deal compared to where this thing is going. Buy and hold. Buy and relax. If you bought the Call you did well.
I'm adding to the position now :)
so did I but still deep in the red. and i've day traded enough that I HAVE to get out of this trade today or i'll be locked out for 90 days! man...something so right turned so wrong in one hour! lol
Yeah I sit this one out
SPY still dropping so I haven't bought Calls yet, and still watching for an entry point if it trends up.
and smart man
i should have waited too. but thank god for my mistake buying puts! lol
When will market realizes that Trump won the election?
Can Trump find any judges who haven't been bought off or threatened?
will end @ supreme court. the stage is set. there is no doubt the election was rigged in massive way. Biden will never be president. Only question is WHEN market realizes it. not if. It is also for sure that MSM will lie till the end and Social Media Giants will censor like hell.
The electors of the Electoral College are only decided by popular vote due to state laws. The Republican state legislators have been shown that the election was rigged and some are moving to retake control of assigning electors from the popular vote. This may not reach the Supreme Court, but instead be decided within the battleground states.
In the end, the entire election must be declared invalid. In any case the winner will NOT be Biden.
I heard always on this channel "trying to catch the bottom is for loosers". Well loosers did right to wait today ... !!!
I will keep adding to the position. The Santa rally is coming, and I have been a good boy this year :)
Coming back up...
glad i woke up late saw the opening yikes
be careful guys, massive squeeze could be coming
SPY target think 3.597
EUR/USD hit 1.20, so it has to correct. now or soon.
Is Greg now currently in this trade or is he just looking for an entry point? This is sort of confusing. I had purchased calls at the open, maybe it was not the best entry point.
it was definitely not the best entry point. and i learned a lesson today to never enter a trade immediately until you suss out which direction it's going in. luckily i accidentally bought puts to save me.
Hahahahhaaaa! Good mistake to make buddy!
This trade went straight down.
I don’t believe he is in yet.
if not, he should have clarified that. the message was at open i'm buying spy calls. it literally went straight down. could not have been a worse time to calls.
Well I’m already in so just bought the dip.
good for you
Well good if it comes back!