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1.17.2018 Free Investment Newsletter Bookmark

What are the options?
 
Last week we closed out some call option positions that rewarded us quite smartly. We had options on the SPY which is the proxy for the S&P 500, and we bought them in the 10’s and sold them in the 30’s.
 
We had calls on the DIA’s, which is the Proxy ETF for the DOW 30, and we were in them in the 5’s and out at the 17 level. They were very nice gains, and it evidently encouraged a lot of our readers to ask about options. What are they, how do they work?  etc.  So, I’m going to do a little refresher here about options, and why we like to use them at times.

Insiders Club - 3.26.2015 Bookmark

3.26.2015

Morning all....

For months I've been talking about an "event" happening, that changes things in a big way.  I didn't and still don't know what that exact event might be. But today we see that Saudi Arabia has begun air strikes on Yemen, and that certainly has the ability to escalate into something quite large.  Basically this is a "proxy" war between the Saud's and Iran, and Yemen is the playing field. 

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