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If you don't believe Trump is going to have an affect on our economy (think of America first), who am I to argue. As far as Trudeau, he's has zero business acumen. He's all about the environment (they used to be known as tree huggers) stifling building (construction) regulations and "look at...

HCG.TO (Home Capital) is a mortgage company for people with no background to check or making small money. Very risky. In fact Steve Eisman, from "The Big Short" fame has been shorting this for a while now. Most of its business is in Ontario, Canada. They have been accused of mortgage fraud (Jun...

Most of those loans will be to minimum wage people…don't know who has the worst gov's, BC, ON or AB?

My tea leaves are saying…major trade wars are on the near horizon. Going to hide in hedged precious metals until a clearer pic reveals itself.

Puts are great for locking in profits:D, and if using for protection, delta neutral puts over stop loss. The latter leaves you at the mercy of some MM, and once it's sold, the money is gone. It's like putting in a market order. As I got screwed a couple of times:banghead:, I learned my lesson...

Learn how to use puts. They will not only save your bacon, they can make you a lot of money.:D

Valuations are too high, and no liquidity for me. P/E 247x, P/B 8x, and here's a chart for their balance sheet. I'd be looking to short this, if anything, but again no liquidity. Plus with Canada's economy, good luck.

…or she's a winner…:D

It sounds like a long guts spread. However delta's in the 80's is way too high or low, depending on your perspective. MM's have way too much money as it is, no need for a gift. A Long guts can work if you buy just ITM (on both sides). You do need a severe gyration to make this profitable...

Check out this book "Volatility Edge in Options Trading" by Jeff Augen. If you check around the internet, I think its free. Can't remember the specific chapter, but he lays out how to play IV before ER. I tried out his formula, with little to no success:banghead:. But everyone trades to their...

I've never had any success with stop orders. It's like standing on the 50th floor and throwing money out the window :banghead:,…IMO. Using delta neutral puts against the underlier, …my preference. :D

If corporate tax rate is dropped from 35% to 15%, that would mean a $900 iphone has been given $180 discount. Not sure what it actually costs to make a phone, but I don't see Apple paying China $180 per phone, plus other cost like transportation, foreign taxes and so on. IMO, the cost to the...

In Ontario, Canada, about 10 years ago, the (liberal party) premiere of the province (governor in the U.S.) tried desperately to pass sharia law. I was there at the time, and it was frightening. He was unsuccessful, but I'm sure they'll try again. In fact Ontario has an election coming in...

Cashed in all ABX puts today…for a tidy profit. Now letting my ABX stock run on its own for awhile. This rise in the U.S. dollar is unsustainable, IMHO… Still holding puts on SLW which is straddled by stock.:cool:

Those are good numbers, congrats. I operate somewhat similar, using long put synthetic straddles on higher beta, and robust vol stocks/puts and find profits far exceed losses. Downside: stock starts to go sideways and now stuck holding for longer than estimated, and then put starts to...

It sounds like someone's shorts are in a knot…:banghead:

Trans Canada Pipeline (TRP). Will be approved, and most of it, is built already.

Top line of the income statement…good luck!!

If you have the knowledge to go along with passion, that driving force… your "secret sauce" will eventually happen. Good luck!!:)

With the analyst expectations, that includes eps and revenue. One usually needs all three to see a major gyration.