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Friday, May 17, 2024

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  1. phil

    TOS/Tommy – You're right, they must have rolled it on the charts, which is kind of strange so early on (66 days left for Sept).

    Hemp Boca Portfolio Review – Very much like the MTP, the Hemp Boca Portfolio is traded live on a show but more room to adjust as I can go on the show any time (PSW Investments is an investor in Hemp Boca).  Still, the intention is the same and we're picking very high-probability stocks and, as this is brand new – if you wish you had caught the MTP early on – now's your chance with Hemp Boca!  

    Only up 0.4% in our first month.  Of course, when you set up new option spreads the bid/ask kills you so it always looks worse than it is, which is fine because it's better to have more than you think than less. 

    • IMAX – Net $1,075 on the $4,000 spread has $2,925 (272%) to gain in just 6 months and the target is not aggressive at all.

    • M – Net $607 on the $7,500 spread has $7,093 (1,168%) left to gain and we're a little aggressive with the short puts but I think M is ridiculously undervalued.   

    • MJ – Net $950 on the $10,000 spread is less than we paid for it and $9,050 (952%) left to gain and we're $5,000 in the money already.  

    • TAP – Net $4,450 on the $20,000 trade that's $8,000 in the money has $15,550 left to gain.

    Just 4 trade using about $7,000 of our cash but the potential to make $34,618 (69%) already and plenty of room to add more trades.  This is how we started Money Talk, adding about 2 trades per quarter.  You don't have to do a lot of trading to make a lot of money – you just have to pick quality trades that make good returns that have a high probability of hitting their targets.  



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