12 Comments

Roger that Greg! On it ! Calendar Call spread is on ! I'd like to finance my purchase

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If FED is buying all stocks then all the companies should issue millions of new shares to the FED. Free money for the bonuses for the management. Do it quickly CEOs, and Presidents. It's FREE money. Issue millions of new shares like UAL did

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WTF do oyu have FOMO Greg?! Just kidding I just hate Zukerdick. He's very pro vaccine & big brother & digital currency

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Hey Greg put on a 1300% gain today on my MRO call just wanted to say thank you for that :) ur amazing

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Jim

You are obviously options trading like Gregg

I need to learn about options

I've been buying straight shares getting nowhere!

Good job for you!

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thank you, try buying call just out of the money with expiration dates that have risk that you are comfortable with. There are some helpful articles online.

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I do have a lot to cover on your books and documentation, but can you give an insight on what options should be choose of FB?

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something just out of the money with an expiration date that does not expire for a bit if you dont want to take on a lot of risk. cheers

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Many thanks for your answer Jim!

What would be the correct strike price? 20% above of current price (in a call)?

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that would entirely depend on how far out you set your expiration date and the level of risk you want to take. If you want to hold these trade alerts for a longer amount of time you could set an expiration date a few months out and pick a strike price of 20% higher than the current price. I'm no expert but picking my strike prices I am gauging the current environment of the market and picking something I can reasonably see the price being in around a week. that way if it exceeds my estimate I can either sell the option before expiration or execute my options and buy the shares for the strike price and resell them for the profit. Tried my best to explain :/ but there really is no right answer for picking a strike price it is going to very for every stock as you have seen some of these trade alerts play out better than others. So in short it will very for each one but pick something that you can reasonably see the price getting to in the time frame you want to set. :)

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That´s a great answer Jim! thanks!

I will follow your advice on the time frame of 1 week that you said!

Cheers!

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