17 Comments

How did you get profit ? I bought @ $180 call as he indicated. PYPL hasn’t reached $180 yet. Can some one why mine is not having a gain? I m beginner. I appreciate your advise.

Expand full comment

When Greg added to his initial position is when I added for the first time. Then when it dipped I added again.

Expand full comment

That make sense. Buying multiple calls at dips after initial alert would take down average cost. It will push up total gain. I did bought at first alert but I don’t buy any at send alert because I didn’t have any reserves. I would focus on few stocks from now on so that I can add additional calls when it’s price get dropped. Thank for explanations!

Expand full comment

When you buy a call or put, it doesn't have to reach the strike price for you to gain a profit. As in you can gain even before it reaches the strike price. It's possible though depending on when you bought PYPL that you do not have a gain as you might have bought the call option when price of PYPL stock was higher.

I think Greg had recommendations for us to buy additional options in PYPL twice so the average cost per call option was being averaged down. So, this might be the actual reason why you're not having a profit on this position.

Expand full comment

Hi.. I asked the question recently. You dont always have to wait for the call price, its a good guide price of where we will take profit.. I set my "Take Profit" to the call price, gregg gives us. but adjust it every day before market opens. Greg never tells you the stop loss, but thats up to your self, again adjust it every day before market opens if needed.

so I think you read GregM emails wrongly. $180 calls means we get out around the $180 mark, not buy in at that price, You buy as soon as you see his email in your inbox.

Expand full comment

we sold early but hey i made a little over 700 bucks thanks

Expand full comment

Great minds think alike, just pulled mine

Expand full comment

still down -14% on PYPL. Like you said Timing is everything and I think that is why it is important you share your purchase price since we might be buying after the price starts ripping

Expand full comment

Sold my paypal for 7 percent gain. Decided it was time to jump ship since stock is slipping.

Expand full comment

A

Expand full comment

sold mine just ahead of your sell and made 16% Thanks Greg... you going to add to your DAL position?

Expand full comment

ill take some profit mr paypal....to cover paypals bad currency rates when buying . so your going to get some of my profit back...

Expand full comment

so crazy!! I was just running thru our positions and when i entered Paypal, was slipping, I jumped to newsletter to see if you doing anything. Sure enough you sold and so I sold. Based on reading my indicators I THOUGHT I should sell but your sale convinced me. Never wrong to grab profits. Thanks King of Kings. I got 1.7% but had to finese. Bought two calls high and 3 calls after it had dropped. Good call King Gregory I.

Expand full comment

ANy one know how can I calculate my % gain? what is the formula

Expand full comment

just a percentage formula. If A is your profit and B is the cost of your position, you simply divide A by B, then take that number and move the decimal place two spaces to the right. That's your percentage!

Expand full comment

So let say A: 5.00 B: 4.50 so 5.00 Divided by 4.50 = 1.11 how can I move this decimal????

Expand full comment