Entered a high probability trade against Oil using the USO ETF as my vehicle for shorting. Sell a April 14th, 105 call and purchase a April 14th 110 call for a $54 credit. It has a 76% chance of making 22$, with a max loss of $446. 3/9/22 Update – Yes, I think it was … Read More “Is it Time to Short Oil?” »
Author: Jerry
https://moneyvikings.com Kindle eBook: https://amzn.to/3GOuyjWYou be the judge.
Right now futures look like a continuation from last week, rising oil, gold, vix, and commodities. /ES & /NQ are both down.
Growth beats value
CLOSED – On Friday 2/25/22, the SMH Iron Condor trade hit 21 days until expiration (DTE) so I closed it, slightly below my profit target, as I opted for following the mechanics over attempting to squeeze out a few extra pennies.
We cover a way to assess our financial health in various stages Goal is to achieve a high level of financial health & wealth The main 5 levels are 1. Negative Net Worth (Sinking Longboat), 2. Treading Water, 3. Viking Health, 4. Viking Prosperity, 5. Viking King/Queen Know your stage so you can take action … Read More “5 Levels of Financial Strength, Where Are You?” »