Why search and why in the next days ? SPY either is on an uptrend as stated so many times or it isn’t. Buying any out of the money call 3 or more months out should do shouldn’t it ? Like APR21 375 for example. What do you guys think ?
It’s a thing to keep in mind. Though Not for a holding period of some days. Otherwise jun21 expiry could be an alternative. This only works for us if the underlying moves anyway. Theta is lowest during the first third of the validity period.
(Disclaimer Greg has chosen wellI) that being said I think people need to learn to trade before they start listening to trade positions. IMO. Realistically you wouldn't need Greg to pick and choose once you learn for yourself. TD Ameritrade has free online lessons with testing. Once you watch, you'll see a pattern arise. No one is going to give away their technique. It's all about pivot points, and volume either negative or positive, and trend.
Any Lions out there got advice for a novice trader they wanna share I’m good at charts and spotting trends .. I know how to place my orders .. but as far as hunting opportunities go what’s a good way to narrow focus more lol so many opportunities which are best ? Any advice is appreciated greatly
So Gregory.....did you sell all those SPY calls you have recently been buying but did not tell anyone? This message kinda sounds like your out of SPY and waiting on another opportunity to buy Calls or maybe Puts this time. Let your followers know about this please.
SPY trying to break resistance of $372.46 that resistance has held for a couple of weeks now. Of course intra day it has broken through but has not closed above $372.46 It's flirting with it today.
Thanks Greg, I have been Ripping & Shredding AAPL Puts yesterday and about to Pull Profits on AAPL Calls today Intra Day Trading!!! The LIONS GATE INTRA DAY System is Smoking It!!!
He's not, his last Private Message was ambiguous. He said it is never wrong to pull profits without saying he is actually pulling his own profits. He later clarified in his video last night that he did pull profits. This is the second time he's done this. Last time being with the Apple/SLV which I was caught in for sometime.
Why search and why in the next days ? SPY either is on an uptrend as stated so many times or it isn’t. Buying any out of the money call 3 or more months out should do shouldn’t it ? Like APR21 375 for example. What do you guys think ?
Yeah I’m thinking along the same lines as you. Whatever I’m killing it with OTM spy
i dont like the spy its too manipulated and doesnt always go by the rules like individual stocks.
you aren't worried about theta?
It’s a thing to keep in mind. Though Not for a holding period of some days. Otherwise jun21 expiry could be an alternative. This only works for us if the underlying moves anyway. Theta is lowest during the first third of the validity period.
I just closed a position in SPY otm $373.00 April. I'm looking to jump back in too
Yep...we will buy ...buy buy...just like XRP!
You're still in the 4/16 $370 Call though right?
I've sold mine, but he hasn't stated he sold his yet. He will when he does. Take profits if you feel the need to though.
Greg suggested taking profits a couple of days ago, I assumed he did too
(Disclaimer Greg has chosen wellI) that being said I think people need to learn to trade before they start listening to trade positions. IMO. Realistically you wouldn't need Greg to pick and choose once you learn for yourself. TD Ameritrade has free online lessons with testing. Once you watch, you'll see a pattern arise. No one is going to give away their technique. It's all about pivot points, and volume either negative or positive, and trend.
td ameritrade guy said it well today: turn the machines on!!!! theres no volatility, cant wait till after the first...
It’s best to buy before volatility goes up. Then when it comes it pushes your option price higher regardless of other parameters.
Its like slo mo just boring Im long $RTX $ABC $CRSR $AKAM $CLDX $PBI $PKI theres more but I only had about 20k to spend
Im waiting on RTX to pop before eod.
72.02
you think vega will rise after the 1st?
should we act on DOT....?!
Any Lions out there got advice for a novice trader they wanna share I’m good at charts and spotting trends .. I know how to place my orders .. but as far as hunting opportunities go what’s a good way to narrow focus more lol so many opportunities which are best ? Any advice is appreciated greatly
So Gregory.....did you sell all those SPY calls you have recently been buying but did not tell anyone? This message kinda sounds like your out of SPY and waiting on another opportunity to buy Calls or maybe Puts this time. Let your followers know about this please.
358 before 378.46
SPY trying to break resistance of $372.46 that resistance has held for a couple of weeks now. Of course intra day it has broken through but has not closed above $372.46 It's flirting with it today.
Thanks Greg, I have been Ripping & Shredding AAPL Puts yesterday and about to Pull Profits on AAPL Calls today Intra Day Trading!!! The LIONS GATE INTRA DAY System is Smoking It!!!
He's not, his last Private Message was ambiguous. He said it is never wrong to pull profits without saying he is actually pulling his own profits. He later clarified in his video last night that he did pull profits. This is the second time he's done this. Last time being with the Apple/SLV which I was caught in for sometime.
I think pulling profits is different from closing a position though.