Apologies again for yesterday, we got internet back late in the afternoon and I added trades to the database which you can access in the link I sent out yesterday.
Ah, you cant think of these like normal trades you have to be comfortable going long the stock should the trade not work. It’s ok we all take our lumps
Thanks for this great write up. I worry a lot about the risk of selling puts. I.e. what if the market crashes. I suppose you need to exercise appropriate risk management in sizing and number of calls?
Nice work mat! A big mistake a lot of investors is make is they get impatient on short timeframes, you gotta see where the options flow is pointing and give yourself as much Time as needed
Excellent write up congrats on the 100bagger!
Thanks
So mad I got shook out of the cpng trade 🤦♂️
It happens, that’s why the risk reversals are so good because you’re getting paid to wait, you’re less likely to get shook out
I did a R/R but closer to ATM I think I sold $15 and bought $17 on the dip it went really negative so I cut the trade and moved on 🤷🏻♂️
Ah, you cant think of these like normal trades you have to be comfortable going long the stock should the trade not work. It’s ok we all take our lumps
But great trade !
Thanks for this great write up. I worry a lot about the risk of selling puts. I.e. what if the market crashes. I suppose you need to exercise appropriate risk management in sizing and number of calls?
Crashes don’t just happen I’ve written lots on the topic
Yep fair enough and I have read all that. Need to try it out and get comfortable.
Just remember you will see trends break before a decline happens, simple as that
I got out from CPNG way too early, wasn’t convinced to the company. Although with NEM, I sat patiently all the way. Thanks James!
Nice work mat! A big mistake a lot of investors is make is they get impatient on short timeframes, you gotta see where the options flow is pointing and give yourself as much Time as needed