Dr. Jim

Just wrapped up the first part of my series with Dr. Jim @optionsuncapped We discussed Portfolio Delta among other topics. I learned so much. I’ll keep you posted as to when and where it will drop!! Dr. Jim is a class act for doing this. I want to get better at my craft so I reached out and asked for help.

but thanks to @optionsuncapped , one of the most decent people I've never met... with his #EqulibriumTrades and other work I'm much less banged up than I could have been. Cheers, Jim.

@GhostLifestyle Day 54 of asking Ghost to sponsor my man Dr. Jim @optionsuncapped Let’s do this 👻. The people are ready.

How we doin today furus? Selling leaps to buy calls going well? Selling 5 delta puts going well? We still happy with the strikes we picked where we would love to own the stock? This is not free money. Currently long 1150 delta which is 1.01x. And it does not feel good.

Thanks for the heads up tonight. I will add a 3rd contract tonight for a 🟢 open. 🤣

When an @optionsuncapped earnings play doesn’t work as expected. It’s time to take the same trade. Selling a $GOOGL December 35 delta put. 👀🙈

@GhostLifestyle Day 49 of asking Ghost to sponsor my man Dr. Jim @optionsuncapped Let's go!!!!

Daily Options Selling wisdom from the pros, day 5 Dr. Jim Schultz on the tradeoff that comes with every high probability trade. His example has a 57% probability of profit, which is what premium sellers want. But "for every gimme, there is indeed a gotcha." The gotcha here is that "you're risking $300 to make $200," about $1.50 to make a dollar. "Sadly, there is no holy grail," he says. "It always is going to be a trade off." So "you have to decide which side of the probability coin you want to live on." His pick: "I personally like to live on the high probability coin because I think it makes for a better foundation." Same side of the coin for me. Selling strangles means I win more often than I lose, but the losers are bigger than the winners. That's why closing at 50% and keeping position size small matters so much. The win rate only works if one bad trade can't wipe out a month of good ones. @tastyliveshow @optionsuncapped

Hey @GhostLifestyle , @optionsuncapped introduced me to your product and I purchased my first one. You should sponsor him.

Beginner rule - Start with defined risk trades

@GhostLifestyle Day 41 of asking Ghost to sponsor my man Dr. Jim @optionsuncapped He hasn’t slept in weeks. Can only imagine how many Ghosts he has slammed over that time. Let’s do this @GhostLifestyle

Good time to reminded that when you match for size, not only are short puts not riskier than long stock. They are LESS risky than long stock. You have the OTM distance the stock has to cover first AND you have the premiums offsetting your basis from the jump.