I have to be very honest with you. I am not sure why that 99% of the time you push some spread in the future that very seldom works out. I personally do not want to tie up my resources for that amount of time. And to be honest they never work out. You compare your winnings to the S&P 500. They have 500 sticks. You have 10. Seriously do you think that is fair. I’m not a spread guy and maybe your followers are. When you have a shorter term put and call I’m in. But this is only my opinion. I don’t Ned a rebuttal. Thank you.
All else equal, I'd rather just buy calls on a stock, so I can cash out half with a profit if we get a big move early. I get your point about tying up resources, but a) that is true of other options trades we do, such as risk reversals and selling puts, and b) sometimes those are the only cost-effective options trades available.
Bear in mind, too, that Portfolio Armor's top ten names are based on estimates of the stocks' performance going out six months, and, on average, you can see how our top names have done versus the S&P 500 here ( https://portfolioarmor.com/performance-top-names ). You can always just buy the stock instead of placing an options trade on it, and sell it whenever you want. Honestly, that's probably not a bad way to go.
And when did you make those trades with Nvda, hood etc? Certainly not this year! And Tgen isn’t over yet ! You cant even trade it properly. They trade maybe 550,000 share a day on a good day! TSLA , META , APPL, trade over 100 million on a Bad day !!! I did one if your spreads once that actually took me minutes of waiting and then I had to change my price for someone to buy it!? I list my ass. You need to look in the mirror and ask yourself are you doing more harm than good? In fact I will send you some trades for free that you can use that will help your subscribers.
I’ve responded to your points above and linked to multiple examples, but we’re now repeating ourselves and the tone isn’t productive. I want this space to be useful for everyone.
If the service isn’t a fit for you, that’s fine—email me at <your email> and I’ll process a prorated refund for the remainder of your subscription and close it out. No hard feelings.
For everyone else: respectful disagreement is always welcome; personal attacks are not. Let’s keep the focus on trades and process.
I expected nothing less from you than this defense. If this is the best you have to offer then I am embarrassed for you. You are offering trade positions. Why without tell me there are options to hour recommendations now after the fact. If you believed that then you should suggest that R the time of your recommendation. You are proud of 2 recommendations? Seriously if you were recommending trades that were making money on a weekly basis and not 6 months or a year later then I would think that you knew what you were doing. And you very seldom come up with a top 100 name. Very seldom and don’t say Oklo again. When did you ever bet on Nvda, Avgo, Appl, Pltr, Amzn, Msft, TSLA, Amd, Meta, Nflx, Msft, spot, Shop, Orcl, google, coin, hood , smtr, etc. it’s not hard coming under with the company. Just the entry and exit points. I am sorry that I had to say these things but honestly you shouldn’t be doing this. You should be writing fictional books. And then I would buy one. But you can’t expect readers to buy into what you advertise and believe that is the way they are going to cash in. I have listened to your rhetoric for almost a year. Tell me again why I should be buying TGEN when there isn’t barely enough humans in the entire world to trade it? Yes I’m sure you will find some way of making enough people trading it to justify your existence. All 10 of you.
I gave you the benefit of the doubt with your first comment here, but this question of yours suggests you haven't been paying attention to this Substack at all:
"When did you ever bet on Nvda, Avgo, Appl, Pltr, Amzn, Msft, TSLA, Amd, Meta, Nflx, Msft, spot, Shop, Orcl, google, coin, hood , smtr, etc."
For the first trade I think you meant to sell the $18.50 strike and buy the $15 strike. Correct me if I'm wrong.
You're right, Larry, thanks for the catch. I just corrected that.
Out of the IREN call spread today at $8, for a gain of 274%.
Out of the IREN put spread today at a net debit of $0.20, for a gain of 88% on premium and 74% on spread risk.
I have to be very honest with you. I am not sure why that 99% of the time you push some spread in the future that very seldom works out. I personally do not want to tie up my resources for that amount of time. And to be honest they never work out. You compare your winnings to the S&P 500. They have 500 sticks. You have 10. Seriously do you think that is fair. I’m not a spread guy and maybe your followers are. When you have a shorter term put and call I’m in. But this is only my opinion. I don’t Ned a rebuttal. Thank you.
Just exited this IREN call spread for a 274% gain.
I appreciate your candor, and you're of course welcome to your opinion, but it's simply not true that our longer term spreads never work out. We exited one on OKLO last month for a gain of 385% ( https://blog.portfolioarmor.com/p/trade-alert-top-names-nuclear-ai/comment/122569923 ), and we have an open one on SMCI from November ( https://blog.portfolioarmor.com/p/trade-alert-revisiting-supermicro ) that subscribers can exit now for >300%, or hold until next month for a shot at a >500% gain.
All else equal, I'd rather just buy calls on a stock, so I can cash out half with a profit if we get a big move early. I get your point about tying up resources, but a) that is true of other options trades we do, such as risk reversals and selling puts, and b) sometimes those are the only cost-effective options trades available.
Bear in mind, too, that Portfolio Armor's top ten names are based on estimates of the stocks' performance going out six months, and, on average, you can see how our top names have done versus the S&P 500 here ( https://portfolioarmor.com/performance-top-names ). You can always just buy the stock instead of placing an options trade on it, and sell it whenever you want. Honestly, that's probably not a bad way to go.
And maybe you should consider next week or next month instead of next year?!!!! These are options!!!
And when did you make those trades with Nvda, hood etc? Certainly not this year! And Tgen isn’t over yet ! You cant even trade it properly. They trade maybe 550,000 share a day on a good day! TSLA , META , APPL, trade over 100 million on a Bad day !!! I did one if your spreads once that actually took me minutes of waiting and then I had to change my price for someone to buy it!? I list my ass. You need to look in the mirror and ask yourself are you doing more harm than good? In fact I will send you some trades for free that you can use that will help your subscribers.
DearJohn,
I’ve responded to your points above and linked to multiple examples, but we’re now repeating ourselves and the tone isn’t productive. I want this space to be useful for everyone.
If the service isn’t a fit for you, that’s fine—email me at <your email> and I’ll process a prorated refund for the remainder of your subscription and close it out. No hard feelings.
For everyone else: respectful disagreement is always welcome; personal attacks are not. Let’s keep the focus on trades and process.
I apologize for the spelling as I was in the heat of the moment.
I expected nothing less from you than this defense. If this is the best you have to offer then I am embarrassed for you. You are offering trade positions. Why without tell me there are options to hour recommendations now after the fact. If you believed that then you should suggest that R the time of your recommendation. You are proud of 2 recommendations? Seriously if you were recommending trades that were making money on a weekly basis and not 6 months or a year later then I would think that you knew what you were doing. And you very seldom come up with a top 100 name. Very seldom and don’t say Oklo again. When did you ever bet on Nvda, Avgo, Appl, Pltr, Amzn, Msft, TSLA, Amd, Meta, Nflx, Msft, spot, Shop, Orcl, google, coin, hood , smtr, etc. it’s not hard coming under with the company. Just the entry and exit points. I am sorry that I had to say these things but honestly you shouldn’t be doing this. You should be writing fictional books. And then I would buy one. But you can’t expect readers to buy into what you advertise and believe that is the way they are going to cash in. I have listened to your rhetoric for almost a year. Tell me again why I should be buying TGEN when there isn’t barely enough humans in the entire world to trade it? Yes I’m sure you will find some way of making enough people trading it to justify your existence. All 10 of you.
I gave you the benefit of the doubt with your first comment here, but this question of yours suggests you haven't been paying attention to this Substack at all:
"When did you ever bet on Nvda, Avgo, Appl, Pltr, Amzn, Msft, TSLA, Amd, Meta, Nflx, Msft, spot, Shop, Orcl, google, coin, hood , smtr, etc."
E.g.,:
NVDA: I bet against it here, for gains of 200% and 2,633%, respectively. https://blog.portfolioarmor.com/p/trade-alert-three-bullish-one-bearish
NVDA: I bet against it here again, for a gain of 238%. https://blog.portfolioarmor.com/p/trade-alert-betting-against-nvidia
NVDA: I bet against it here again, for a gain of 396%. https://blog.portfolioarmor.com/p/trade-alert-adding-short-exposure
AVGO: I bet against it here, for a gain of 130%. https://blog.portfolioarmor.com/p/trade-alert-liberation-day
TSLA: I bet on it multiple times, including here, for a gain of 292%: https://blog.portfolioarmor.com/p/trade-alert-liberation-day
TSLA: And here, for a gain of 313%: https://blog.portfolioarmor.com/p/trade-alert-a-few-more-experiments
PLTR: I bet on it multiple times, including here, for a gain of 114% (we also have an open trade on it ): https://blog.portfolioarmor.com/p/trade-alert-top-names-7777
META: I bet on it here, for a gain of 103%: https://blog.portfolioarmor.com/p/doubling-down-on-a-magnificent-7
SPOT: I bet on it here, for a gain of 150%: https://blog.portfolioarmor.com/p/trade-alert-sea-of-red
HOOD: I bet on it multiple times, including for a gain of 1,433%: https://blog.portfolioarmor.com/p/trade-alert-the-nuclear-option
And you're giving me shit about TGEN--a stock that's up 149% since I posted my entry here on May 6th?