Every time we enter a trade, are are subject to the changing market conditions. Just like a sailor must embrace the changing winds. Today, the stock market was bloody red. Right from pre-market hours right through the closing bell. For me it was especially painful because of my Options Positions on TSLA. Over the weekend … Read more
I woke up super early suddenly. An idea struck me like lightning and there was no way I could stay in bed, let alone stay asleep. Let’s back up. This whole week has been red days on the stock market. I had a ton of put credit spreads open from last week – some I … Read more
Fear, Uncertainty, and Doubt. When the high volatility swing pulls your stock investment down by 70%, what do you do? You know you should have had a stop loss and profit target when buying the stock. You know that there needs to be a catalyst to get the stock to move back up. You know … Read more
It’s now February and the weekend has largely splashed cold water over the burning fire that was GameStop. The weekend was filled with articles about how redditors have “moved on” from GME and now looking for the next great short squeeze. There was an incredible amount of info pushing retail investors towards the silver market. … Read more
Robinhood. Webull. Tastyworks. This morning, these brokerages of mine got shut off from the ability buy stocks or open new option positions on GME and a handful of other stocks. But the ability to sell was still there. And institutional traders can still buy these stocks. There were other brokerages too that shut the ability … Read more
Today was a rough day. Another 11hours between logging on and logging off. Tomorrow doesn’t look like it will be any better. Nor Thursday. At lunch, my stock option trades realized more disappointing losses. Doubt on my abilities are not only looming, but is pressing in on me from all sides. The whole day felt … Read more
I encountered a new meme recently about how everything eventually evolves into crabs – a phenomenon called carcinization. A 2017 research paper showed that at least five different crustaceans species via convergent evolution turned into crab-like forms – you know – hard shells, pincers, flat and short bodies… I also read recently that investors em … Read more
Over the summer we were on our annual vacation with the family at the beach. During the watching of the movie Bullitt, my 20 yr old nephew leaned over and asked a simple question, “I got a hundred bucks, what stock should I invest in?” He had his brokerage account app open on his phone … Read more
If you’re a stockholder for Apple, you will probably have heard about the split occurring Monday 8/31/20 before the market opens. The price per share closed at $499.23 on Friday so the opening price on Monday should be expected to be close to $124.81. So, what’s a stock split and why? In a 1 to … Read more