TRADING TIPS

PTON Call Option

Hubert Senters here. Got a question from Marie. On your PTON bracket trade if you wanted to take a directional call or put. What strike would you use ITM or at break out value? Thank you, Marie. Marie, I don’t trade a whole lot options. Who I would ask this question would be either Mark Helweg, Andrew Keene, Steven Brooks or Scott Bauer. Any of those four dudes will be able to help you immensely better than I will on options. I trade more futures and ETF and stuff like that than I do options so I’m going to differ because that’s their specialty. I would love to answer the question and really it comes down to a stylistic approach more than anything because options are so diverse like you could do in the money, out of the money. You could do leaps and stuff. It all depends on your timeframe and how much volatility that you want to play with the percentages as really when it comes down to. And the money’s probably a little bit safer. Out of the money is a little bit more extreme and then leaps. They’re going to bake in some volatility for that thing too so it really comes down to what you want to do but those four guys will be able to help you out. Now, speaking of one of those guys ask Mark. He’s going to be doing a webinar Sunday, December 27th at 6PM EST on ”How to Access the Ultimate Inside Info for the NYSE: And it’s 100% Legal! He will be there so if you go there and ask him question like that he’ll probably be able to answer. Good luck. Hope it helps. See you on the next video. Hubert.

1 Comment

  1. Steven Yetman

    Mr. Senters, nice intro into the Sunday event, Marie, I have been learning to day trade options for one year and I have had success and painful failures. (no emotions allowed if you want success) I just had great success with HOG & PENN avg. $3500 calls with weekend swing into Monday mornings of $17,000. Last week, HD ate me alive with my calls and I broke my own 10% loss rule, waiting for the bounce….DAMN sure it was right there….NO, $3500 = -$9000 you must know and follow your personal tolerance for loss.

    THAT IS WHY, I am so very excited to attend Sundays webinar, it might be charts, catalist events, cyclicals, phase trials in pharma and new EV’s everywhere….AAPL? and now the Russel 2000 is on fire, energy is”lighting up” and I believe if I learn more NOW, as Covid gives way to our new and yes different world (oops, I did not mention tech, duh!!) the stock market will really come alive with such diverse opportunity!!! DID I MENTION SPAC’s?

    Mr. Senter, we have never met, I have listened to your recordings many, many times. I look to Sunday to meet your team with “Bullish” excitement!!!

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *