I am a 20+ Year investor finally taught the safe way to options trading, so I have been buying them these past 2 weeks starting on $200.00 margin for a few hours until I sold some shares of ACCA and that option the next morning for $150 profit then even more.
Took my cash balance from -$200 margin to $600 cash and is 15,000+%, not bad for selling a few shares and taking such a stupid risk..., or did I know something?
Continental Brands aka Corona invested 1 billion @$48.50 per share in CGC and is talking about paying 4 billion more to buy majority of the company shares. See my post about CGC here
Curious about my next move? I have my option orders in and will be looking to list them for sale to close @ a profit when I awake.
What this means is I am buying 3 options of 100 shares each of CGC @$1.90 so 300×1.90=$570 so it must hit $44 or higher within 4 days to sell at a profit. 10 options of 1,000 Ford shares for $180 which has 10 months to reach $12 before expiration.
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Do you also sell options or only buy them? I have found selling options more profitable. Theta decay is in your favour and you also make money when the price goes sideways.
I need to learn exactly how...
good informations friend
thank you for sharing resteem
Thanks friend
welcome
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Nice Work!!!
Thanks Snuffles
@dynamicrypto, Great to hear that you are in the field of Investment from last 20 Years and i believe that everyday is an new day so we can find the New Profit Strategy.
And it's reflecting as you are trading for the Profits, so i hope and wish that you will going to get more and more profits and keep doing your awesome work.
Wishing you an great day and stay blessed. 🙂
Thanks, my latest options are not looking good as CGC is correcting down a bit.
Welcome and good luck for your Investments. 🙂