Your Almost Daily Bit of Wall Street Wit & Wisdom

power plate

Power Plate, h/t pcrm.org

“When the market sells off on fears of a global pandemic it’s not considered a ‘healthy correction.'”
— StockCats, @StockCats

Speaking of healthy: Eating the whole-food, plant-based way helps boost your immune system to prevent and reverse many illnesses.  Check out one of our favorite nonprofits, The Physician’s Committee for Responsible Medicine, for more info.

To your health,

Steve

 

Your Almost Daily Bit of Wall Street Wit & Wisdom

Outsiders

h/t AP Photo / Warner Bros.

Look for options that are set to move from “out-of-the-money” to “in-the-money.”  That is where your greatest returns are made.

You should only trade options with risk capital (money you can afford to lose) and only if you understand options.

Out-of-the-money options have no intrinsic (real) value.  Their premium (price) is for time and volatility only.

In-the-money options have intrinsic value plus time value.

Now in our 31st year of publication, Options Hotline readers apply our Superleverage strategy to make great options gains from small stock moves, with an always known and completely limited risk.

Subscribe to Options Hotline today to stay a step ahead of the crowd.

Best regards,

Steve

Your Almost Daily Bit of Wall Street Wit & Wisdom

h/t theladders.com

“Learn to be a skeptical optimist and avoid being a cynical pessimist.”
— Cullen Roche, @ cullenroche

A skeptical optimist remembers to question and think critically, while maintaining hope that he or she can improve the present and face the future without fear.

Now in our 31st year of publication, if you’re interested in joining Sarnoff’s Skeptics Squad and learning how to stay a step ahead of the crowd, subscribe to Options Hotline today!

Best regards,

Steve