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  1. Siembra NBIF

    WMT

    After the huge drop, I would wait at least 3 or 4 days to see if it bounces. If it doesn't bounce up, then the drop is real and I would get in with ATM puts if there is a red bar with higher volume. Good luck!
  2. Siembra NBIF

    Stocks vs Options

    Options are far more profitable and safer than stocks. As your leverage grows, you can trade a significant smaller amount of money and still get the same profits as trading stocks with a higher amount of funds. Good luck!
  3. Siembra NBIF

    Thoughts on long OTM SPY calls

    I wouldn't take a strike that is that far (225). With the close today breaking resistance and volume growing, my take is 210 as a target in less than a month. So my recommendation is some Dec 2015 calls, strike 210 if you really want to be speculative, or strike 202 if you want to be safe with...
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