First of all, please familiarize yourself with options in this blog post. I’ll summarize it here. A call option gives the buyer the right to purchase 100 shares of a stock. Let’s say you own 1 AAPL call option at strike price $200, that means you can buy the 100 shares of AAPL at $200. If the AAPL price at that time is $250, it means you can pocket $50 per share....
#TheStrat learning guide Since I discovered #finwit, I’ve been consistently spending quite a bit of time on twitter trying to hone my trading skill. I recently came across something called the #theStrat. I’ve backtested the strategy with many old charts and I was suprised by how well it has worked. As I am trying to get better at #theStrat, I realized there’s so much unstructured information on the internet and it could become overwhelming for someone trying to learn it....
A short strangle consists of one short call with a higher strike price and one short put with a lower strike. Both options have the same underlying stock and the same expiration date, but they have different strike prices. Since you are selling both the put and the call, you are collecting premium. As long as the stock price doesn’t go below the put strike, OR go above the call strike, you pocket the premium....
Cryptos are becoming mainstream Of couse they are. Take a look at this. El Salvador has officially adopted bitcoin as legal tender. Why Are Athletes Demanding To Be Paid In Bitcoin? Here’s Why Big Banks Are Going All In On Crypto: Should You Follow Suit? ** TL:DR - we are talking about JPMorgan Chase, Wells Fargo and Goldman Sachs Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly)....
options and the power of options According to this site, Options are essentially contracts between two parties that give holders the right to buy or sell an underlying asset at a certain price within a specific amount of time. There’s quite a bit to learn about options. I’ve been trading options for nearly 5 years and I can tell you I’ve only scratched the surface. Here, I am doing two things to help you....
Don’t believe me? See these pictures Here’s YTD stats: TD ⬆️ 29.5% RY ⬆️ 27.5% CM ⬆️37.46% NA ⬆️ 45.15% BMO ⬆️ 44.74% BNS ⬆️ 21.78% HCG ⬆️ 46% Compare that to the high techs: AAPL ⬆️ 17.8% TSLA ⬆️ 48% NVDA ⬆️ 126.7% MSFT ⬆️ 55.7% Everyone is taking about inflations. That’s great. You may want to read this article to understand how banks make money. “Banks categorize their revenue into two broad areas based on how it is generated – net interest income and non-interest income....
SPY 2022 $500
#TheStrat learning guide Since I discovered #finwit, I’ve been consistently spending quite a bit of time on twitter trying to hone my trading skill. I recently came across something called the #theStrat. I’ve backtested the strategy with many old charts and I was suprised by how well it has worked. As I am trying to get better at #theStrat, I realized there’s so much unstructured information on the internet and it could become overwhelming for someone trying to learn it....
If there’s a stock that you think will go up and you are more than happy to buy it at a lower price, this is the strategy for you. A risk-reversal is an option position that consists of being short (selling) an out of the money put and being long (i.e. buying) an out of the money call, both with the same maturity. A risk reversal is a position which simulates profit and loss behavior of owning an underlying security; therefore it is sometimes called a synthetic long....