trade only wkly credit spreads, $2-2.50 between short/long options AMZN,BIDU,NFLX,TSLA.
Start with min. $.65 credit bull put side then leg in w/ bear call if momentum slows. Will email educational spread trading musings on request to followers.
Founder at Linvest Research.com, provides the best independent research , trading and hedging strategies on North American securities and global market , using behavioral, technical and seasonality analysis. No advice here, just information.
"As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble." -Emerson
20 yrs investment banking & treasury experience. I kept 50% of my portfolio in long term diversified holdings that reinvested dividends & showed resilience in any market w/ growth. The other 50% was more speculative, option, or opportunistic trades.
Advert exec,wrote award winning TV spots major NYC agencies,script doctor/ screenwriter. Lyricist.Author.Pianist. My life is a black&white movie. Brit/German film noir pre-code fanatic.Anti social all media.Un-cellphoned.Stocktalk opinions only.
"Our job as traders is not to call the market, but to interpret setups that have an edge."
-- Jeff Cooper
"1. Anything can happen 2. You don’t need to know what is going to happen next in order to make money." -- Mark Douglas