Video Summary Here is a summarized version of the article: A trader, Jake, has a complex options position set up on Apple, featuring a “risk-free debit spread”. He buys three calls on Apple with a strike price of $150, at a cost of $5596, and then sells three calls against these at a strike price […]
Video Summary In this article, an individual is sharing their experience with stock trading, focusing on their brokerage account and three current positions: Adobe, Costco, and Facebook. They explain their decisions to buy into Adobe, expecting a price increase due to earnings, and how they profited from the stock’s growth. They also discuss their disappointment […]
Video Summary Here is a 200-word summary of the article: The article tracks the author’s journey as they attempt to outperform a simple low-cost total stock market index fund through active investing. With a starting balance of $25,000, the author has now generated a profit of $21,943, or 87%, in just two months. The author […]
Video Summary When you buy or sell a call or put option contract, you’re often concerned with what happens when you exercise the contract early. In reality, exercising the contract early is not a smart move, and the holder of the contract, whether you’re the buyer or seller, should avoid it. The break-even price for […]
Video Summary In today’s discussion, we’re going to break down the math of buying call and put options. Jake argues that buying call and put options is not a good idea, and instead, believe that selling these contracts is where the real money is made. Let’s use Starbucks as an example. Let’s say we think […]