The Godfather of Selling Options

Honoré de Balzac passed away 160 years ago on August 18, 1850. But, yet one of his quotes from that century shows us that our emotions haven’t changed. “Our worst misfortunes never happen, and most miseries lie in anticipation.” It’s scientifically proven we fear loss greater than achieving gain. That is even if the worse […]

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Bottom Line, Retirement Account Means Grab Your Ankles

So I was reading an article over on WSJ, and that was a comment that someone left in response to the article, which perfectly frames it up. The article was talking about Bank of America’s Merrill Lynch move to get compliment with the DOL’s new rule. They announced they will no longer offer retirement savers […]

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Free Report:

"Crystal Ball" Option Signals That Spot Option Market Moves Before They Happen.

The All-Inclusive Resort Investment Approach Most Do

I want to take you back a few months when Nicole and I went to Puerto Vallarta April. If you’ve been to Mexico, most places are all inclusive. For most, unlimited booze and food is the greatest idea ever. Some bring their A game like this couple we met from St. Louis who brought their […]

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Market Signs of Going Tits-Up

Back when I was a broker… … my boss would use this phrase, “going tits-up.” Our current political and market environment had that phrase pop into my head. Allow me to share my thoughts: In a nutshell, yields are at historic lows; market valuations are at historic highs Over the last 30 years, fixed income has been […]

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Is Deutsche Bank the Next Firm to be Crucified?

Deutsche Bank is in crises mode. It decided to suspend it’s dividend, cut pay and is firing people because of capital concerns because the U.S. Department of Justice levied a $14 billion fine to settle investigations regarding mortgage securities the bank sold before the financial crash of 2008. Today, there were over 50 million shares […]

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The Stock Trading Whiz Kid Fraud

This past Friday, I was at an all-day event on the 66th floor of the Willis Tower here in Chicago. My friend Kirt was in attendance who happens to be another options trader. After the event, we went over to the Cactus Club and talked a little bit. One thing we spoke about is why […]

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Options Are A Dumb Choice Over Owning Stock

I was sitting on the couch and scrolling through my Facebook newsfeed over the weekend. While scrolling, I noticed a post from Investopedia related to options. There’re some real characters out there which can be entertaining to read, and the comments on this post were no exception. Here’s the rest of what the one guy […]

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Option Profits from Apple’s iPhone Launch Event

I admit, I watched most of Apple’s unveiling of the iPhone 7 on my 6s Plus using Google’s free internet at Starbucks during my mid-day break. There’s a lot of excitement about these events with Apple. These are binary events, and when there’s uncertainty, there’s opportunity. Looking at the options that expire this Friday, the […]

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Why I Don’t Invest in Stocks

A fellow Sizzler wrote in yesterday asking, “You don’t discuss a lot about investing in stocks, why?” There’s a good reason why and remember, this is just my opinion. Very few probably know a high-level executive at a publicly traded company. However, let’s pretend you lived next door to one. If you owned shares of […]

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Slowely Killing Off the Money Vampires

I feel like a hypocrite saying this because I loathe financial institutions, but I got back from making a deposit. The reality is that there are no other great options available. It’s similar to the current U.S. Presidential Election. Good hearted people are working at these places, but the whole operation is made to nickel […]

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