“The best way of preparing for the future is to take good care of the present, because we know that if the present is made up of the past, then the future will be made up of the present. All we need to be responsible for is the present moment. Only the present is within our reach. To care for the present is to care for the future.”
— Thich Nhat Hanh
“Superleverage, it’s the only sensible way to speculate.”
— Paul Sarnoff
With Comic-Con in town, this struck me as a natural subject. Superleverage is the art of profiting from changing prices, with limited risk AT ALL TIMES, without ever getting a margin call, asked to put up additional funds, or forced to liquidate your position.
The instruments of Superleverage are exchange traded put and call options.
Buyers of puts and calls are the ONLY ONES who possess the full profit power of Superleverage.
The Superleverage power of our method was on display again today, as our call on Barrick Gold Corp. (GOLD) closed +296% in a month, with an always known and strictly limited risk!
The underlying shares have made a nice move, from $13.89 to $17.35, propelling our recommended GOLD September $14 call option from $85 to $337!
If this is the type of options action you’re looking for, subscribe to Options Hotline today.
Manute Bol and Tyrone “Muggsy” Bogues, 1987 h/t Jerry Wachter/NBAE/Getty images
“Not only your returns but also your risk of ruin is dependent on your position sizing. Your risk exposure determines your long-term results regardless of how good your trading method is.”
— Steve Burns, @SJosephBurns
Proper position sizing is based on your psychological and financial tolerances for risk. And that differs for each individual trader.
“The balloon seems to stand still in the air while the earth flies past underneath.”
— Alberto Santos-Dumont
Photo credit: Paperny Entertainment
“Finding winners, especially big winners, is a process of discovery. The losing trades are an integral part of that process.”
— Peter Brandt, @PeterLBrandt
Our recommended call option on Barrick Gold (GOLD), triggered 06-17-19 at $85, traded this morning at $280, +229% in less than a month, with an always known and strictly limited risk!
If that’s the type of options action you’re looking for, subscribe to Options Hotline today.
Peaks of Mount Kenya, h/t Chris73/Wikimedia Commons
“I made up my mind to buy high and sell higher.”
— Nicolas Darvas
“When a flower doesn’t bloom, you fix the environment in which it grows, not the flower.”
— Alexander den Heijer
“The more difficult the victory, the greater the happiness in winning.”
True in sports, in markets, and in life.
In soccer, one plus one doesn’t always equal two.
Let’s go USA!
“When the archer misses the center of the target, he turns around and seeks the cause of his failure in himself.”
Enjoy a Happy July 4th holiday!
Under the Wave off Kanagawa by Katsushika Hokusai, ca. 1830-32
“Vision without action is a daydream. Action without vision is a nightmare.”
— Japanese proverb