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RE: This Is Where The Money Is: The Trading Week Ahead, And Beyond. By Gregory Mannarino
As always, thank you. I have learned a lot from your posts. My husband and I have made changes to our "retirement" account based on your advice mingled with what our common sense tells us and have benefitted as a result.
Just be aware that the trades that Greg posted at his LemmingsVoice.bomb web blog are not accurate. He did not play GLD and SLV as straddles. I am providing info on the prices Greg "actually" paid at my steemit blog...since he fails to do so for his viewrs and listeners.
Here is the "proof" that Greg is "fabricating." This is the list of all the put and call contracts that were bough on SLV yesterday. If you go to the Sept $14 strike on the puts you will see there were only 26 of those contracts bought in total yesterday. There were 25 of those sold at .06 a full 5 hours after Greg "claimed" he placed this trade. Soooo, no waaay Greg is doing what he tells you he is doing. Be careful with this guy.
http://bigcharts.marketwatch.com/quickchart/options.asp?sid=2305869&symb=slv