Recent content by Jones75

On a smaller scale, the same thing happened in Canada this past winter. Private citizen's bank accounts and credit cards were seized or frozen by the government (on orders by the WEF) because they donated to a legally constitutional truckers protest. And that includes Canadians that donated as...

My trading strategy of options has evolved over the last 17 years. I usually like to own some stock of that option. To answer your question. I trade directional only OTM with a lot of runway. It doesn't mean I hold for that long. I just don't like getting burned by theta. I aim for a delta in...

Good info, but won't be putting any new money in Canada until they get rid of that liberal government. Shutting business, cancelling insurance and freezing bank accounts of protesters and donators is not my idea of a capitalist society. (peaceful festival like protest was over phony mandates)

I used to sell my losers, just like what the so called experts say to do, but then I had a stock I'd paid $7.50 per for in 2007. 2008 came around and for the next 13 to 14 years it just declined or did nothing. Management just plain sucked. From time to time I would load up on put options to...

I'd use a long synthetic straddle, IMO only.

I learned my lesson a long time ago, never engage in long options unless they're heavily traded, have a reasonable tight bid ask spread and the VIX is in favorable territory.

Only you are your best thinker/trader. Cheers!

You might consider a Long Synthetic Put strategy. For every 100 shares of stock, buy two ATM puts.

Long puts become cheaper as the VIX goes lower. I like to short the market with long cheap puts, where selling IMO is just too risky.

For the market to make a serious correction, I'm looking for two things: 1) some movement up on interest rates 2) the VIX to fall below 15.

June VIX is at 18.95. Still a ways to drop before I start loading up on the long puts.

I from the school of an infinite parallel universe. After you pass on from here, earth, you wake up in a parallel universe, and say what the "F" kind of a dream or nightmare was that?

I'm been looking at "Trends Journal" by Gerald Celente. He based out of Kingston, New York.

Taking a real profit is good no matter what. From my experience, when your brain becomes like scrambled eggs, and you're second guessing all over the place, step back. Learn scaling in and out to protect from serious losses and keep winners happening. Cheers.

It appears the crypto miner stock might have more room to run.