Lions.. WFC is a buy here.
Remember!!!! ALL MY LATEST STOCK PICKS ARE POSTED ON MY WEBSITE- CLICK HERE: https://traderschoice.net/about-traders-choice/
I STRONGLY advise you to learn how to SELL puts and set up credit spreads. There is MUCH more to successful trading than just buying calls and or puts.
When you BUY an option, time decay immediately starts working against you. When you SELL an option, time decay immediately begins working FOR YOU…
3 ways to play this.
#1. You can buy just ITM calls which expire out 6 months. This strategy carries the most risk, but also has the highest profit potential. -I WOULD DISCOURAGE YOU FROM UTILIZING THIS STRATEGY! A LOT OF RISK HERE.
#2. A BETTER STRATEGY IS THIS: Sell WAY OUT OF THE MONEY, at least 20% OTM, puts which expire out 2 weeks. This strategy carries less risk.
#3. THE BEST STRATEGY IS THIS: The least risky strategy is to set up a credit spread- and there are many ways to do this easily- I explain how to set up credit spreads in my book, *** link below.
I PERSONALLY LIKE TO UTILIZE EITHER SELLING PUTS, OR SETTING UP CREDIT SPREADS TO TRADE.
*** I cover each of the above strategies/how to set them up plus MUCH MORE in my book A (NOT) So Random Walk On Wall Street.
GM
Trading involves financial risk.
trump is pro God, pro gun and pro life.
https://docs.google.com/document/d/15p49v7Zi3gI48AwVGRjSW6S4GU_aph1aVyUoNGlueHM/edit?usp=sharing
President Joe Biden LAUGHS at trump as trump gets kicked out of the White House.
https://docs.google.com/document/d/1DDD8OljVl_-EGa3W9k2RWWqp6PfFvSbRw2EDd_vZOxM/edit?usp=sharing
trump's popularity
https://docs.google.com/document/d/1QjJXL8llE9HfW419jjIv6vYPZ1wzwJsayGJ6VWX3D8s/edit?usp=sharing
trump-sheep Baaaaa! Baaaaa! 🐑 🐏
https://docs.google.com/document/d/1m27R-mqU4p41OtA0jr8NbSgsWXN2DE6yg5lWCjiX1cY/edit?usp=sharing
Since the 10yr is going down that means Big Money is piling back into treasuries. But that can't be true because the market keeps going up. And with the dollar going higher over the last month equals a scenario for the stock market to go down. BUT the stock market has gone UP over the last month. Or as long as the 10yr goes down AS the dollar is rising then the market can still go up?
Pensions are getting DECIMATED with these low rates. It's good for the national debt though. Now we can borrow MORE FIAT justifying such a measure because we are still able to service such debt because of low rates. Come on President Biden...borrow $100 TRILLION DOLLARS and borrow all your troubles away! FLOOD the United States with cash! Make President Obama and trump look like AMATEUR BORROWERS by comparison!!! Heheheheeeee. 😈 😈 😈