I closed out all my EEM Call positions, but GREED was saying "HANG ON!" Closed out with a 12%, 65%, 77% and 61% profit. I'll buy EEM Calls again if price drops considerably.
Thanks Greg for all your help. I'm actually TAKING profits by FIGHTING that urge to STAY IN. It's because of listening to you every day your voice is in my head constantly screaming "TAKE YOUR PROFITS! GET OUT!" So when I WANT to stay in I think of your words, then I get out. I'm actually making money every week now.
Since you're such a good pal I think I'll offer to let you in on an opportunity to make some REAL money. I need investors. I'm going to start a news channel and I'm going to call it BNN....Biden News Network. 24/7/365......All Biden, All the time. 😃
Dude you can't even keep track of the stocks you buy and sell it seems. You bought KHC yesterday you said and never told anyone you sold it because it's not on this list. You never posted you bought SPY or PYPL either yet there they are on your list. Never specified the ones you sold yesterday just posted you were taking some profits on a few. What a crock GM!! Get your ass in gear dude.
Dude, you hit in on the head. Look at some of the comments. Pretty much all of his followers (95%) DO NOT know what the hell he's doing. Any option trader will always maintain some sort of delta hedging strategy. When you have to be told when to buy/sell (especially) with options you are in WAY over your head. When the market tanks and not recover quickly...he finished. He will make his money on his book and the rest of his followers will wonder what happened. Your catching on Tim, good work.
First, if not yet, get Greg's book. Second, subscribe to TrendsJournal. Third, don't over think... Just like (HAS) follows the bouncy ball... You'll learn when to buy..
What a silly comment. That does not make a bit of sense. When you use analogies like "follows the bouncy ball" you have no idea what you're doing. I'm sorry if I come off rude (not meant to be), but this guy is going to hurt a lot of people.
Do not need to Ray. Guys like this are fascinating to me this and the only reason why I'm here. It takes a lifetime to trade options successfully. His strategies only work if the market goes straight up. What about a sideways trending market or a bear market? He does not explain Delta, Gamma, Vega, Implied Volatility. These are just a few (BUT very complex) components of the option. If you do not know what these are....well a fool and his money are soon parted. Good luck my friend. If you love options (which I do), read Options as a Strategic Investment by Larence G. McMillan. He was my first boss. You will see what these things are really are. I guarantee it.
GM thanks a hell of a lot for letting your lions know which stocks you sold.....all you said was you were taking profits on a few that were in the profits. You have to remember you get in at least 15 minutes if not a 1/2 hour or more than most of us. You could not have made much on BA as it went down and barely above your initial buy point by time you sold in just a 36 hour time frame or maybe less. That's BS dude.
Went from being up about %8 this morning on the DAL trade from yesterday to being down 10% by the time I got done with breakfast. How long are you guys holding these positions? Are you selling as soon as you see a percentage of profit and calling it good or holding them for longer term and seeing if theyll make more gains? Trying to learn and losing is one way to do it. You Win or learn but never lose if you can gain knowledge from a mistake.
that's mainly what GM does. If he see's even a 1 percent gain within an hour a lot of the time he suddenly sells and by time we get the message it has fallen below his sell out point. It basically a racket of pump n dump a lot of the time it seems.
Bee & Tim, Greg does tell us it's never wrong to take profits. Personally, i keep an eye out on the particular .SPYxxxxx381C on a 5 minute chart. If I even get a .07 gain. I'll close and stake out another entry.
I was up on 3 of his trades a small percentage but now upside down on them all. Could have pulled profit while i was in the positive and didnt, but now got 3 positions i'm underwater on and hoping to at least break even. Lesson learned. Just hate having money tied up and waiting for it to rise back or take a loss.
I feel that, too. Sorry, to hear and I still loose. It would be good if you can do your own research on fibonnacci retracements to find out whether or not the positions will have a higher probability of playing out.
Hi Tim, it can be hard to keep a track, but I have been following Greg for about 4 months now and he is hard to beat. I sometimes miss some of the calls too but most of the time his information is timely, and you just need to follow the trends and buy the dips and sell when you have the profit you are happy with, 5-10% most of the time, and most positions are held for days not day traded in my experience. Just my perspective for what it is worth.
People are doing different things. No two traders are alike or take the same actions at the same time in the same situations. In this market I know one thing....the market is going LONG-TERM higher so I buy long dated options and watch them from day to day. If within a week I get a good return I close the position. You might ask "But what is a good return?" It's what I determine it to be at the moment according to price, my indicators, what I'm feeling and experience. Some people get in and out at "profit targets." My target IS profit. I get out when I feel price is about to go against me OR just when I see a FAT, HEALTHY profit. It's all up to the trader what they are going to do specifically and when.
It also depends on what options you are buying. I buy cheap options so it doesn't do me much good to get a 20% profit when $1.55 commission to get out is going to eat into that 20% and make it like 10-15% profit. If you are buying Big-Daddy options like Greg does then getting out at an 8% profit is worth your while. Just do that over and over again and you'll make money.
If you have to ask that question your in over your head and shouldn't be taking his advice nor doing this. Your mistakes WILL cost you more than a college education (literally)
Thank you Greg, I love is SPY . You have not spoken about IWM, I think there are some good opportunities there. I bought June 18th out-of-the-money calls.
It was not listed on his current positions this week on the 19th and neither was the SPY so he obviously sold the 13th position never telling anyone then bought it again either yesterday or today without posting.
I closed out all my EEM Call positions, but GREED was saying "HANG ON!" Closed out with a 12%, 65%, 77% and 61% profit. I'll buy EEM Calls again if price drops considerably.
https://docs.google.com/document/d/1_42FFGR-J23ejUlnv81RPHX3tWcygim_J6-CGZjCtyM/edit?usp=sharing
Thanks Greg for all your help. I'm actually TAKING profits by FIGHTING that urge to STAY IN. It's because of listening to you every day your voice is in my head constantly screaming "TAKE YOUR PROFITS! GET OUT!" So when I WANT to stay in I think of your words, then I get out. I'm actually making money every week now.
Since you're such a good pal I think I'll offer to let you in on an opportunity to make some REAL money. I need investors. I'm going to start a news channel and I'm going to call it BNN....Biden News Network. 24/7/365......All Biden, All the time. 😃
Buhuhuhuhuhuhuhuhuhuhuhhahahahahahahahahaahaaaaaaaaaaaaa!
😈😈😈😈 😈😈😈 😈😈😈 😈😈😈 😈😈😈 😈😈😈
Thanks Greg, I sold for good profits yesterday and have taken some of your suggestions when they dipped today, always appreciate your efforts.
BOT +1 EEM 19 Mar 2021 Put @0.21
Dude you can't even keep track of the stocks you buy and sell it seems. You bought KHC yesterday you said and never told anyone you sold it because it's not on this list. You never posted you bought SPY or PYPL either yet there they are on your list. Never specified the ones you sold yesterday just posted you were taking some profits on a few. What a crock GM!! Get your ass in gear dude.
does that mean buy more GM?
Dude, you hit in on the head. Look at some of the comments. Pretty much all of his followers (95%) DO NOT know what the hell he's doing. Any option trader will always maintain some sort of delta hedging strategy. When you have to be told when to buy/sell (especially) with options you are in WAY over your head. When the market tanks and not recover quickly...he finished. He will make his money on his book and the rest of his followers will wonder what happened. Your catching on Tim, good work.
PYPL... Thank you, Greg.
when was the pypl alert sent out (so i can check if price is good or not)? thanks
First, if not yet, get Greg's book. Second, subscribe to TrendsJournal. Third, don't over think... Just like (HAS) follows the bouncy ball... You'll learn when to buy..
What a silly comment. That does not make a bit of sense. When you use analogies like "follows the bouncy ball" you have no idea what you're doing. I'm sorry if I come off rude (not meant to be), but this guy is going to hurt a lot of people.
Yous should buy Greg's book too..
Do not need to Ray. Guys like this are fascinating to me this and the only reason why I'm here. It takes a lifetime to trade options successfully. His strategies only work if the market goes straight up. What about a sideways trending market or a bear market? He does not explain Delta, Gamma, Vega, Implied Volatility. These are just a few (BUT very complex) components of the option. If you do not know what these are....well a fool and his money are soon parted. Good luck my friend. If you love options (which I do), read Options as a Strategic Investment by Larence G. McMillan. He was my first boss. You will see what these things are really are. I guarantee it.
Go take a turd o. Someone else's page. Stay off mine..
Thanks Greg, keep up the good work.
Any opinions on PLTM?
Youre the man!
I’m curious when Greg’s call positions are posted.. these are considerations also for core positions? “I’m new at this!!” :)
GM thanks a hell of a lot for letting your lions know which stocks you sold.....all you said was you were taking profits on a few that were in the profits. You have to remember you get in at least 15 minutes if not a 1/2 hour or more than most of us. You could not have made much on BA as it went down and barely above your initial buy point by time you sold in just a 36 hour time frame or maybe less. That's BS dude.
Went from being up about %8 this morning on the DAL trade from yesterday to being down 10% by the time I got done with breakfast. How long are you guys holding these positions? Are you selling as soon as you see a percentage of profit and calling it good or holding them for longer term and seeing if theyll make more gains? Trying to learn and losing is one way to do it. You Win or learn but never lose if you can gain knowledge from a mistake.
that's mainly what GM does. If he see's even a 1 percent gain within an hour a lot of the time he suddenly sells and by time we get the message it has fallen below his sell out point. It basically a racket of pump n dump a lot of the time it seems.
Bee & Tim, Greg does tell us it's never wrong to take profits. Personally, i keep an eye out on the particular .SPYxxxxx381C on a 5 minute chart. If I even get a .07 gain. I'll close and stake out another entry.
I was up on 3 of his trades a small percentage but now upside down on them all. Could have pulled profit while i was in the positive and didnt, but now got 3 positions i'm underwater on and hoping to at least break even. Lesson learned. Just hate having money tied up and waiting for it to rise back or take a loss.
I feel that, too. Sorry, to hear and I still loose. It would be good if you can do your own research on fibonnacci retracements to find out whether or not the positions will have a higher probability of playing out.
Hi Tim, it can be hard to keep a track, but I have been following Greg for about 4 months now and he is hard to beat. I sometimes miss some of the calls too but most of the time his information is timely, and you just need to follow the trends and buy the dips and sell when you have the profit you are happy with, 5-10% most of the time, and most positions are held for days not day traded in my experience. Just my perspective for what it is worth.
If you keep doing that over and over again you're going to be fine.
People are doing different things. No two traders are alike or take the same actions at the same time in the same situations. In this market I know one thing....the market is going LONG-TERM higher so I buy long dated options and watch them from day to day. If within a week I get a good return I close the position. You might ask "But what is a good return?" It's what I determine it to be at the moment according to price, my indicators, what I'm feeling and experience. Some people get in and out at "profit targets." My target IS profit. I get out when I feel price is about to go against me OR just when I see a FAT, HEALTHY profit. It's all up to the trader what they are going to do specifically and when.
It also depends on what options you are buying. I buy cheap options so it doesn't do me much good to get a 20% profit when $1.55 commission to get out is going to eat into that 20% and make it like 10-15% profit. If you are buying Big-Daddy options like Greg does then getting out at an 8% profit is worth your while. Just do that over and over again and you'll make money.
If you have to ask that question your in over your head and shouldn't be taking his advice nor doing this. Your mistakes WILL cost you more than a college education (literally)
Thank you Greg, I love is SPY . You have not spoken about IWM, I think there are some good opportunities there. I bought June 18th out-of-the-money calls.
Greg, with Silver higher why is your July Call at 21? seems expensive as silver is already "In the Money"
Did I miss PYPL and SPY call email? I don't remember seeing them
PYPL was opened on the 13th.
The strike and date for the PYPL call are different?
I see Greg opened April 16 210c...
You're right. I should have looked closer. The PYPL trade today is new.
It's strange that I had them correct in my trading notes but missed the difference when I posted here.
It was not listed on his current positions this week on the 19th and neither was the SPY so he obviously sold the 13th position never telling anyone then bought it again either yesterday or today without posting.
He mentioned that he has closed some positions without specifying which ones.
do you know when? if in the opening it was good price. if any other time it's about the same
The PYPL trade today is new. His email for the one on the 13th was at 10:09 Eastern.
Wish I would’ve realized. Cuz PYPL just popped.
i barely got in as it was going.
thanks!
Spy he just put up now. Not sure about paypal
yea i've been looking at spy. when was it sent i wonder?
PayPal was from a week or two ago
SPY is new
That PYPL trade from the 13th had different date and strike from the one today.
Thanks Greg!!!