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It doesn’t matter. You buy BTC and then convert to XRP.

what’s your goal? What’s your target BTC price? Let’s say your goal is 10x. BTCs target price would be $160k. Doable? Maybe? I personally want 10x too so instead of BTC I took a similar alt coin that has a lower price and purchased 19 LTC last week at $145. LTC is based on bitcoin but faster and...

Rolling this one or new one?

What’s happening with the trade? NVDA is at $196 and your short strike is now / would be at 59% prob of touching. Will you wait? Did you close it earlier?

Where do you run this query exactly?

I’ll answer Bob’s questions: Starting equity in your trading account in 2017? I can’t answer how much but I can say I started in July this year. Asset classes you traded? Stocks and Options on stocks and indexes Basic strategy? Buying Speculative Long Calls on companies I can’t afford Selling...

I love collecting premium like an insurance company sells insurance. But an insurance company will do a min of a test. If you have the slightest thing - for example, you smoke 1 cigarette - you’re a smoker. I’ll sell for premium every week except earnings week. I’ll sell insurance to everyone...

I don’t understand who puts trades around earnings that a 10% move can wipe them? Earnings are random - best to just skip this week altogether.

Your return calculation is misleading. It’s good to annualize it. 11.9% on 95 days is 45.7% on an annual basis. I think 95 days is very far out. It is particularly a date after earnings. I would’ve chosen a date prior to earnings as the expiry.

Doesn’t say much. The S&P after all is weighted more on the overvalued companies. A smart etf, like a smart investor, would put $ on undervalued companies that eventually realize their value. That’s a strategy so being under is not so bad. Being over would also be curious - on what businesses...

I did the opposite of what was suggested here. When AAPL dipped today to 166$ I purchased Jan 170 calls for 5.85. On closing, Apple was at 168 and calls were going for 6.5. If the after hours price of 173$ stays until tomorrow, my calls will be very much in the money!

If Tesla is Amazon and today is 1999, you have to hold and go through the 2000 and 2008 rough patches. You would’ve done well but you would’ve also lost half the value both times and still held on. Not an easy thing to do. If you did that, you would’ve done well at over 10x. I love Tesla but I...

Selling the 140 naked put won’t get you much as of right now. Perhaps selling it at 162.5 makes more sense. Now you’re suggesting a put credit spread. I thought about that combined with a bear call spread on Apple. But doing that after earnings. What’s the point now? Once the dust settles you...

Weekly 170? But it already touched 168. It can very easily go to 170.

Classic entrepreneur mistake is to scale the business (hire, etc) without a business model. Backtest, trade small and manually, find some simple and small wining strategies. If you can, use technology to reduce your manual input and only then you scale. You get someone to follow those manual...