1 00:00:00,400 --> 00:00:03,120 Speaker 1: Hi, I'm Sharry from Life Source Water. Did you know 2 00:00:03,240 --> 00:00:06,960 Speaker 1: Bay Area cities add chemicals like chlorine and chloromine to 3 00:00:07,080 --> 00:00:10,920 Speaker 1: disinfect the tapwater, on top of contaminants they can't handle, 4 00:00:11,200 --> 00:00:15,200 Speaker 1: like microplastics and forever chemicals. At Life Source, we believe 5 00:00:15,200 --> 00:00:18,400 Speaker 1: your water should support your family's health. Our whole house 6 00:00:18,440 --> 00:00:22,360 Speaker 1: water system filters every drop that enters your home, delivering clean, 7 00:00:22,440 --> 00:00:26,079 Speaker 1: healthy water to every tap, shower and appliance. Family owned 8 00:00:26,079 --> 00:00:29,800 Speaker 1: for three generations, we build every system, install it and 9 00:00:29,840 --> 00:00:33,280 Speaker 1: offer factory direct pricing. So end your water worries and 10 00:00:33,400 --> 00:00:36,880 Speaker 1: upgrade to the essential home appliance you'll love using every 11 00:00:36,960 --> 00:00:41,760 Speaker 1: day drink, bathe, cook, and live clean with Life Source Water. Now, 12 00:00:41,800 --> 00:00:45,040 Speaker 1: we are offering a double dip in savings free basic 13 00:00:45,120 --> 00:00:48,320 Speaker 1: installation plus an extra two hundred and fifty dollars off 14 00:00:48,560 --> 00:00:51,519 Speaker 1: that's up to twelve hundred dollars in savings. Call our 15 00:00:51,560 --> 00:00:54,280 Speaker 1: factory at one eight hundred Water ninety nine or visit 16 00:00:54,320 --> 00:00:57,600 Speaker 1: lifesourcewater dot com hurry offer in September thirty. 17 00:00:57,720 --> 00:00:59,080 Speaker 2: Warranty limitations apply. 18 00:01:00,200 --> 00:01:04,960 Speaker 3: So my Guy Chris Chris Christian Jones aka the Truth 19 00:01:05,319 --> 00:01:08,919 Speaker 3: twenty twenty four on Instagram. SO fifteen are you fifteen 20 00:01:09,000 --> 00:01:14,600 Speaker 3: years old, thirteen thirteen, So he's he's thirteen. He's he's 21 00:01:14,600 --> 00:01:17,440 Speaker 3: thirteen years old. He's a day trader, he's an investor, 22 00:01:17,560 --> 00:01:22,000 Speaker 3: he's a speaker, he's an author, he does options. Just 23 00:01:22,040 --> 00:01:26,560 Speaker 3: a dynamic, a dynamic dude. So Ian reached out to 24 00:01:26,640 --> 00:01:28,039 Speaker 3: us a few days ago and was like, you know, 25 00:01:28,080 --> 00:01:29,640 Speaker 3: I think he'd be a great guest for market. 26 00:01:29,640 --> 00:01:32,120 Speaker 4: Mondays and be like, sure, why not? So we want to. 27 00:01:32,200 --> 00:01:32,600 Speaker 4: We want to. 28 00:01:32,720 --> 00:01:34,560 Speaker 3: We want to highlight First of all, we want to 29 00:01:34,640 --> 00:01:36,880 Speaker 3: highlight you for a couple of different reasons. It's important 30 00:01:36,920 --> 00:01:40,560 Speaker 3: to support and encourage our entrepreneurs and our investors, like 31 00:01:40,680 --> 00:01:43,959 Speaker 3: you know, shout out to to Mikey, who's the number 32 00:01:44,000 --> 00:01:46,600 Speaker 3: one fifteen year old basketball player in the country. But 33 00:01:46,720 --> 00:01:49,560 Speaker 3: to me, you're just as important as somebody like that, 34 00:01:49,720 --> 00:01:51,120 Speaker 3: or Lebron James when he was out. 35 00:01:51,480 --> 00:01:54,040 Speaker 2: Yeah, he can impact thousands of kids. 36 00:01:54,120 --> 00:01:56,040 Speaker 5: Mikey can help his family, but you can help the 37 00:01:56,080 --> 00:01:57,080 Speaker 5: world and generations. 38 00:01:57,120 --> 00:01:58,960 Speaker 3: YEA, yeah, sure, So we want to we want to 39 00:01:59,000 --> 00:02:02,400 Speaker 3: highlight you and someelebrate you. There's no difference between you 40 00:02:02,480 --> 00:02:04,880 Speaker 3: and Lebron James when he was thirteen, number one playing 41 00:02:05,000 --> 00:02:06,600 Speaker 3: in the country. I look at you like the number 42 00:02:06,600 --> 00:02:07,880 Speaker 3: one prospect. 43 00:02:08,360 --> 00:02:10,040 Speaker 2: This is here Sports Illustrate, right. 44 00:02:11,040 --> 00:02:13,320 Speaker 3: So first and first and foremost, we want to just 45 00:02:13,360 --> 00:02:15,919 Speaker 3: you know, celebrate you. But then also we want to 46 00:02:15,960 --> 00:02:17,320 Speaker 3: we want to get some game from you. I want 47 00:02:17,320 --> 00:02:18,760 Speaker 3: to get some game from you too, because I know 48 00:02:18,840 --> 00:02:22,600 Speaker 3: that you you know, you're a very astute trader and investors. 49 00:02:22,639 --> 00:02:25,440 Speaker 3: So first and foremost, thank you. Thank you for joining 50 00:02:25,600 --> 00:02:26,920 Speaker 3: our platform. We appreciate it. 51 00:02:28,040 --> 00:02:29,200 Speaker 6: I appreciate being here. 52 00:02:29,680 --> 00:02:30,560 Speaker 4: Yeah, yeah, for sure. 53 00:02:30,680 --> 00:02:33,120 Speaker 3: So I'll ask the first question. Then everybody can just 54 00:02:33,160 --> 00:02:36,520 Speaker 3: feel for you and Troy, So you you all right? 55 00:02:36,600 --> 00:02:41,239 Speaker 3: You you day trade options only? Or is stocks or yeah? 56 00:02:41,240 --> 00:02:43,000 Speaker 6: I do mostly options. 57 00:02:43,120 --> 00:02:45,840 Speaker 7: I do invest in stocks more so like for long term, 58 00:02:45,880 --> 00:02:47,840 Speaker 7: like most people, I do mostly options. 59 00:02:48,040 --> 00:02:49,280 Speaker 4: All right, I'm glad. 60 00:02:49,320 --> 00:02:51,480 Speaker 3: I'm glad because people have been asking for options, and 61 00:02:51,480 --> 00:02:53,440 Speaker 3: we're going to do an options show next week. We're 62 00:02:53,800 --> 00:02:57,680 Speaker 3: we're working on something special, but this would be a 63 00:02:57,680 --> 00:03:01,840 Speaker 3: good intro for that. So can you I was gonna 64 00:03:01,840 --> 00:03:03,680 Speaker 3: explain it, but I'd rather you can you just explain 65 00:03:03,760 --> 00:03:07,200 Speaker 3: for that? You know, most people aren't too familiar with options. 66 00:03:07,400 --> 00:03:10,799 Speaker 3: Can you just explain, like what options are as they 67 00:03:10,800 --> 00:03:13,440 Speaker 3: attained to like just investing in regular stocks. 68 00:03:13,960 --> 00:03:14,240 Speaker 6: Sure. 69 00:03:14,760 --> 00:03:18,680 Speaker 7: So as far as the main key differences between stocks 70 00:03:18,840 --> 00:03:21,400 Speaker 7: and options are this. So as far as stocks, we 71 00:03:21,440 --> 00:03:24,520 Speaker 7: know you actually own a share in the company, you 72 00:03:24,600 --> 00:03:26,880 Speaker 7: actually will own stock in the company, and y'a like 73 00:03:26,960 --> 00:03:29,400 Speaker 7: I said, you own sharing it. And the thing is 74 00:03:29,400 --> 00:03:31,440 Speaker 7: with stock, you can hold them well forever and you 75 00:03:31,440 --> 00:03:34,080 Speaker 7: can pretty much pass them down. And the main difference 76 00:03:34,080 --> 00:03:38,440 Speaker 7: between those and options is what options. You can't well 77 00:03:38,480 --> 00:03:40,520 Speaker 7: hold it and you don't actually own the stock. You 78 00:03:40,600 --> 00:03:44,480 Speaker 7: merely own the option in order to buy the stock. 79 00:03:44,880 --> 00:03:49,080 Speaker 7: And when we're owning options, we have these things called contracts. Now, 80 00:03:49,400 --> 00:03:52,880 Speaker 7: one contract is equal to one hundred shares of stock. 81 00:03:53,880 --> 00:03:57,800 Speaker 7: And also with this options as well, it's temporary online 82 00:03:57,800 --> 00:04:01,720 Speaker 7: stocks options are temporary. Now know the max amount you 83 00:04:01,760 --> 00:04:04,680 Speaker 7: can hold an option that I think about two years 84 00:04:04,720 --> 00:04:07,320 Speaker 7: because there are different types of trading, so you can 85 00:04:07,760 --> 00:04:10,800 Speaker 7: hold options for a long time. You can't do long 86 00:04:10,920 --> 00:04:14,280 Speaker 7: term trading with options. I've actually done that personally myself 87 00:04:14,360 --> 00:04:16,760 Speaker 7: just recently today every where I did a long term 88 00:04:16,800 --> 00:04:18,280 Speaker 7: contract with Tesla. 89 00:04:18,120 --> 00:04:19,040 Speaker 8: And I go about that. 90 00:04:20,560 --> 00:04:22,040 Speaker 2: I saw you post that, man. 91 00:04:22,520 --> 00:04:25,719 Speaker 7: Yeah, me and my mom we saw Tesla and we 92 00:04:25,760 --> 00:04:28,480 Speaker 7: got in about three hundred and then we made seventy 93 00:04:28,480 --> 00:04:31,279 Speaker 7: eight thousand dollars off that trade because Tesla it went 94 00:04:31,680 --> 00:04:34,560 Speaker 7: crazy today, but like, I don't know why it fell off, 95 00:04:34,560 --> 00:04:36,800 Speaker 7: but luckily we was able to get out before it 96 00:04:36,800 --> 00:04:37,279 Speaker 7: dipped down. 97 00:04:37,640 --> 00:04:38,599 Speaker 4: So don't let that go. 98 00:04:38,760 --> 00:04:40,880 Speaker 2: Yeah please, that was really modest. 99 00:04:40,960 --> 00:04:41,080 Speaker 7: Man. 100 00:04:41,080 --> 00:04:42,680 Speaker 2: That's a yearly salary, all right. 101 00:04:42,720 --> 00:04:46,360 Speaker 8: So yeah, real quick, one more time? 102 00:04:46,520 --> 00:04:48,160 Speaker 6: Hold are you thirteen? 103 00:04:48,600 --> 00:04:51,520 Speaker 8: So I first met my guy when we was speaking 104 00:04:51,560 --> 00:04:51,839 Speaker 8: with ET. 105 00:04:52,120 --> 00:04:55,080 Speaker 9: Shout out to Marquell, because Marquell was solid enough to 106 00:04:55,120 --> 00:04:59,120 Speaker 9: put me on the platform before anyone knew me, just 107 00:04:59,160 --> 00:05:01,240 Speaker 9: like y'all before you know, se y'all help me pop. 108 00:05:01,440 --> 00:05:03,800 Speaker 9: So I met him there and I was like, Yo, 109 00:05:04,920 --> 00:05:08,280 Speaker 9: this kid knows his stuff and he's and I didn't 110 00:05:08,320 --> 00:05:10,440 Speaker 9: know any of this when I was a kid, right, 111 00:05:10,880 --> 00:05:13,440 Speaker 9: So run that number again past what you hit. I 112 00:05:13,520 --> 00:05:14,760 Speaker 9: just want the people to hear. 113 00:05:16,760 --> 00:05:18,160 Speaker 6: Seventy eight dollars. 114 00:05:18,520 --> 00:05:21,479 Speaker 9: So the reason why I wanted him on is to show, 115 00:05:21,800 --> 00:05:25,720 Speaker 9: regardless of age, this is possible. We're the only culture 116 00:05:25,760 --> 00:05:31,320 Speaker 9: that this has been hidden from. He's young, right, so 117 00:05:31,480 --> 00:05:34,000 Speaker 9: if he can do it, you can do it too. 118 00:05:34,120 --> 00:05:35,640 Speaker 9: But no, I I'm gonna let you rock. I just 119 00:05:35,680 --> 00:05:38,080 Speaker 9: wanted to jump in and let that because like it 120 00:05:38,080 --> 00:05:40,320 Speaker 9: brings me so much joy because you've been doing this 121 00:05:40,400 --> 00:05:42,000 Speaker 9: is what you was a what eight and now you 122 00:05:42,080 --> 00:05:43,479 Speaker 9: was speaking at with eight or nine. 123 00:05:44,080 --> 00:05:48,680 Speaker 7: Yeah, So a brief well timeline is basically I actually 124 00:05:49,160 --> 00:05:51,159 Speaker 7: ended up writing my first book called The Win. 125 00:05:51,080 --> 00:05:54,120 Speaker 6: Within at eight years old. 126 00:05:54,360 --> 00:05:54,600 Speaker 8: Yep. 127 00:05:55,040 --> 00:05:57,000 Speaker 7: It's based off my story where I was getting bullied 128 00:05:57,040 --> 00:05:59,520 Speaker 7: by my teammates on the football field. It's about faith 129 00:05:59,560 --> 00:06:02,360 Speaker 7: family in football. And then this is at the time 130 00:06:02,400 --> 00:06:04,800 Speaker 7: we was living in Florida. So from there we actually 131 00:06:04,880 --> 00:06:08,320 Speaker 7: ended up leaving the country and going to Germany. And 132 00:06:08,440 --> 00:06:10,680 Speaker 7: while we were in Germany, that's where I ended up 133 00:06:10,880 --> 00:06:14,240 Speaker 7: wanting to say developing, but finding about or what investing is, 134 00:06:14,279 --> 00:06:16,680 Speaker 7: and finding about the stop or finding out about the 135 00:06:16,720 --> 00:06:19,200 Speaker 7: stock market, because I don't know if you guys remember, 136 00:06:19,200 --> 00:06:22,520 Speaker 7: there was a story about I think twenty thirteen, about 137 00:06:22,600 --> 00:06:24,640 Speaker 7: a fourteen year old who had made fifty. 138 00:06:24,400 --> 00:06:26,919 Speaker 6: Thousand dollars of buying Nike stock. 139 00:06:27,680 --> 00:06:29,960 Speaker 7: So, like anybody, I wanted to see how we did it, 140 00:06:30,240 --> 00:06:32,360 Speaker 7: and I began asking my mom she could teach me 141 00:06:32,440 --> 00:06:34,920 Speaker 7: how to invest in the stock market because I'm trying 142 00:06:34,960 --> 00:06:35,960 Speaker 7: to make that kind of money. 143 00:06:37,160 --> 00:06:39,960 Speaker 6: At the time, I was around nine years. 144 00:06:39,760 --> 00:06:42,479 Speaker 7: Old, so she didn't really take me seriously because she 145 00:06:42,600 --> 00:06:45,520 Speaker 7: thought I was just playing around just saying that, because well, 146 00:06:45,520 --> 00:06:49,599 Speaker 7: people changed their minds all the time. So I ended 147 00:06:49,680 --> 00:06:52,120 Speaker 7: up doing my own research and came back to her 148 00:06:52,200 --> 00:06:54,880 Speaker 7: and told her I wanted to open up my brokerage 149 00:06:54,920 --> 00:06:58,279 Speaker 7: account and again your broketus's accounts that coount used in 150 00:06:58,360 --> 00:07:01,760 Speaker 7: order to invest in. And when she heard that, then 151 00:07:01,839 --> 00:07:04,440 Speaker 7: she saw that was actually passionate and really wanted to 152 00:07:04,680 --> 00:07:07,560 Speaker 7: learn this skill. And at the time she did know 153 00:07:07,640 --> 00:07:11,800 Speaker 7: a little bit about investing, but she really didn't get 154 00:07:11,880 --> 00:07:14,760 Speaker 7: too deep into it herself. So she actually went out 155 00:07:14,800 --> 00:07:17,400 Speaker 7: and got her course, and that course was twenty five 156 00:07:17,400 --> 00:07:20,160 Speaker 7: thousand dollars because she knows not only the value of 157 00:07:20,200 --> 00:07:22,800 Speaker 7: investing in the stock market, but investing into yourself and 158 00:07:22,840 --> 00:07:26,480 Speaker 7: investing in your growth. So she went out and got 159 00:07:26,480 --> 00:07:29,240 Speaker 7: the course, and then initially we were taking it together, 160 00:07:29,440 --> 00:07:31,760 Speaker 7: but eight nine years old, no idea. 161 00:07:31,560 --> 00:07:32,200 Speaker 6: What that meant. 162 00:07:32,320 --> 00:07:35,480 Speaker 7: So she ended up learning from the course, and then 163 00:07:35,560 --> 00:07:38,000 Speaker 7: she came back and topped me. So I guess the 164 00:07:38,040 --> 00:07:41,720 Speaker 7: whole timeline would be I've been investing for four years 165 00:07:41,720 --> 00:07:43,120 Speaker 7: and I've been trading for three. 166 00:07:43,400 --> 00:07:44,200 Speaker 8: I love this. 167 00:07:44,120 --> 00:07:48,400 Speaker 9: Man, So that includings to your mom too, because your 168 00:07:48,400 --> 00:07:50,680 Speaker 9: mom is like with you running the business. 169 00:07:50,760 --> 00:07:52,640 Speaker 8: So this i'mber sawing to let you rock. 170 00:07:52,960 --> 00:07:55,320 Speaker 9: But parents are also like you see the joy in 171 00:07:55,320 --> 00:07:58,160 Speaker 9: his face from learning this, and like the joys in 172 00:07:58,200 --> 00:08:01,000 Speaker 9: our face, Like all of our kids should know this, 173 00:08:01,200 --> 00:08:03,920 Speaker 9: So do it together. And if your kids have an 174 00:08:03,920 --> 00:08:06,960 Speaker 9: interest even in gaming, let them do that because they 175 00:08:07,000 --> 00:08:10,280 Speaker 9: are more avenues now than ever to make money from 176 00:08:10,320 --> 00:08:12,560 Speaker 9: a whole bunch of industries that were not available to us. 177 00:08:12,960 --> 00:08:15,920 Speaker 3: Shot, go ahead, Yeah, so all right, so let's talk 178 00:08:15,960 --> 00:08:18,880 Speaker 3: about this this Tesla call that you had. So I'll 179 00:08:18,920 --> 00:08:22,640 Speaker 3: just try to give my my I was gonna say, 180 00:08:22,640 --> 00:08:26,040 Speaker 3: like thirteen year old explanation, but nah, I gotta give 181 00:08:26,120 --> 00:08:29,840 Speaker 3: my four year old explanation for what options are correct 182 00:08:29,840 --> 00:08:31,280 Speaker 3: me if I'm I just want everybody, I just want 183 00:08:31,320 --> 00:08:33,600 Speaker 3: everybody just to have an understanding. So like when you 184 00:08:33,640 --> 00:08:38,439 Speaker 3: buy stock, Let's say you want to buy Apple stock 185 00:08:38,600 --> 00:08:40,760 Speaker 3: right now, it's like at three eighty two, so we 186 00:08:40,880 --> 00:08:42,480 Speaker 3: know you just if you have three hundred and eighty 187 00:08:42,520 --> 00:08:44,640 Speaker 3: two dollars, you can buy one share right and then 188 00:08:44,720 --> 00:08:46,280 Speaker 3: you know if you buy two shares and it's two 189 00:08:46,280 --> 00:08:48,280 Speaker 3: times three eighty two. Everybody, I think that pretty much 190 00:08:48,360 --> 00:08:50,600 Speaker 3: understands that you have to be your own Apple. You 191 00:08:50,640 --> 00:08:52,720 Speaker 3: can have it for as long as you want, whenever 192 00:08:52,760 --> 00:08:54,679 Speaker 3: you sell it. If you sell it at you know, 193 00:08:54,840 --> 00:08:57,160 Speaker 3: seven hundred dollars, then you know you've almost you like 194 00:08:57,160 --> 00:08:59,800 Speaker 3: double your money pretty much, right, So that's easy to understand. 195 00:09:00,040 --> 00:09:02,920 Speaker 3: So with the options, it's pretty much like you're buying 196 00:09:02,960 --> 00:09:06,960 Speaker 3: something in the future. So it's like, Okay, I'm buying Apple. 197 00:09:07,160 --> 00:09:12,440 Speaker 3: Yeah exactly, I'm buying Apple for five hundred dollars in 198 00:09:13,040 --> 00:09:17,000 Speaker 3: January of twenty twenty two, right, And then you have 199 00:09:17,080 --> 00:09:19,560 Speaker 3: an ask and the bid price. 200 00:09:19,600 --> 00:09:22,040 Speaker 4: So the strike price, the strike price is five hundred dollars. 201 00:09:22,040 --> 00:09:23,640 Speaker 9: That's like that's the price you want to the future, 202 00:09:23,720 --> 00:09:25,640 Speaker 9: like the exit yeah yeah. 203 00:09:25,960 --> 00:09:28,840 Speaker 3: So and then the acts. So the ask is like 204 00:09:28,880 --> 00:09:32,600 Speaker 3: what you're actually buying those contracts for. So the ass 205 00:09:32,679 --> 00:09:36,120 Speaker 3: could be let's say, you know, fifty dollars hypothetically, right, 206 00:09:36,160 --> 00:09:38,080 Speaker 3: So the ask is a lot lower than the actual 207 00:09:38,120 --> 00:09:39,559 Speaker 3: price of the actual Well. 208 00:09:39,760 --> 00:09:42,559 Speaker 2: So it gets tricky, right, so this calls and puts 209 00:09:42,559 --> 00:09:43,080 Speaker 2: we got to. 210 00:09:43,080 --> 00:09:46,520 Speaker 3: Well, we say called so the ask, the ask is 211 00:09:46,520 --> 00:09:49,440 Speaker 3: like fifty dollars, right, so you're buying one hundred because 212 00:09:49,440 --> 00:09:52,480 Speaker 3: you got to buy one hundred contracts one hundred. 213 00:09:52,640 --> 00:09:54,840 Speaker 8: Let's you share it one contract. 214 00:09:54,760 --> 00:09:55,559 Speaker 2: Let's just five dollars. 215 00:09:55,920 --> 00:09:58,120 Speaker 3: That'll make it easier, all right, So now you buy, 216 00:09:58,559 --> 00:10:01,960 Speaker 3: you buy it at fifty. So now, if let's say 217 00:10:02,160 --> 00:10:05,000 Speaker 3: the price of apple stock goes from three eighty two 218 00:10:05,640 --> 00:10:09,600 Speaker 3: to four hundred, right, that's an eighteen dollars increase. Now, 219 00:10:09,600 --> 00:10:11,599 Speaker 3: if you have the regular stock, then that would have 220 00:10:11,640 --> 00:10:15,319 Speaker 3: been whatever percentage of eighteen dollars going up. But now 221 00:10:15,440 --> 00:10:18,880 Speaker 3: if you own the options contract and it's fifty dollars, 222 00:10:19,200 --> 00:10:23,199 Speaker 3: theoretically that fifty dollars could go to one hundred dollars. 223 00:10:23,559 --> 00:10:26,920 Speaker 3: So now you actually doubled your money. This is why 224 00:10:26,960 --> 00:10:29,520 Speaker 3: options are so appealing to people. And once you fully 225 00:10:29,559 --> 00:10:33,800 Speaker 3: understand it, it's like it's like stocks on steroids because 226 00:10:33,800 --> 00:10:34,640 Speaker 3: it's stuff to go back to. 227 00:10:34,640 --> 00:10:35,600 Speaker 2: Stop now it's. 228 00:10:35,480 --> 00:10:39,679 Speaker 3: Really difficult because it's like you could, but it's a 229 00:10:39,720 --> 00:10:42,720 Speaker 3: lot more volatile, so it can go up a lot fast. 230 00:10:43,920 --> 00:10:44,679 Speaker 2: Earners, what's up? 231 00:10:44,760 --> 00:10:47,240 Speaker 5: You ever walk into a small business and everything just 232 00:10:47,360 --> 00:10:50,560 Speaker 5: works like the checkout is fast, the receipts are digital, 233 00:10:51,080 --> 00:10:54,240 Speaker 5: tipping is a breeze, and you're out the door before the. 234 00:10:54,200 --> 00:10:55,040 Speaker 2: Line even builds. 235 00:10:55,360 --> 00:10:59,559 Speaker 5: Odds are they're using Square. We love supporting businesses that 236 00:10:59,679 --> 00:11:02,360 Speaker 5: run on Square because it just feels seamless. Whether it's 237 00:11:02,400 --> 00:11:05,440 Speaker 5: a local coffee shop, a vendor at a pop up market, 238 00:11:05,600 --> 00:11:08,480 Speaker 5: or even one of our merch partners, Square makes it 239 00:11:08,600 --> 00:11:11,960 Speaker 5: easy for them to take payments, manage inventory, and run 240 00:11:12,000 --> 00:11:16,000 Speaker 5: their business with confidence, all from one simple system. If 241 00:11:16,040 --> 00:11:18,880 Speaker 5: you're a business owner or even just thinking about launching 242 00:11:18,920 --> 00:11:21,920 Speaker 5: something soon, Square is hands down one of the best 243 00:11:21,920 --> 00:11:25,079 Speaker 5: tools out there to help you start, run, and grow. 244 00:11:25,360 --> 00:11:28,360 Speaker 5: It's not just about payments, it's about giving you time 245 00:11:28,480 --> 00:11:31,400 Speaker 5: back so you can focus on what matters most ready. 246 00:11:31,440 --> 00:11:34,800 Speaker 5: To see how Square can transform your business, visit Square 247 00:11:34,880 --> 00:11:39,400 Speaker 5: dot com backslash go backslash eyl to learn more that 248 00:11:39,600 --> 00:11:45,040 Speaker 5: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate. 249 00:11:45,200 --> 00:11:47,560 Speaker 5: Let's Square handle the back end so you can keep 250 00:11:47,559 --> 00:11:53,679 Speaker 5: pushing your vision forward. This episode is brought to you 251 00:11:53,720 --> 00:11:55,960 Speaker 5: by P and C Bank. A lot of people think 252 00:11:56,040 --> 00:11:59,959 Speaker 5: podcasts about work are boring, and sure they definitely can be, 253 00:12:00,440 --> 00:12:03,680 Speaker 5: but understanding of professionals routine shows us how they achieve 254 00:12:03,720 --> 00:12:07,960 Speaker 5: their success little by little, day after day. It's like 255 00:12:08,040 --> 00:12:10,800 Speaker 5: banking with P and C Bank. It might seem boring 256 00:12:10,840 --> 00:12:13,680 Speaker 5: the safe plan and make calculated decisions with your bank, 257 00:12:14,120 --> 00:12:16,600 Speaker 5: but keeping your money boring is what helps you live 258 00:12:16,679 --> 00:12:20,719 Speaker 5: a more happily fulfilled life. P and C Bank Brilliantly 259 00:12:20,800 --> 00:12:25,400 Speaker 5: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 260 00:12:25,400 --> 00:12:28,200 Speaker 5: five is a service mark of the PNC Financial Service 261 00:12:28,200 --> 00:12:32,559 Speaker 5: Group Inc. P and C Bank National Association Member FDIC. 262 00:12:34,440 --> 00:12:37,839 Speaker 10: With Robinhood, not only can you trade individual stocks and ETFs, 263 00:12:38,040 --> 00:12:41,000 Speaker 10: you can also seamlessly buy and sell crypto. 264 00:12:40,840 --> 00:12:41,880 Speaker 2: At low costs. 265 00:12:42,120 --> 00:12:45,520 Speaker 10: Trade all in one place. Get started now on robin 266 00:12:45,520 --> 00:12:48,240 Speaker 10: Hood Trading Crypto invalve significant risk Crypto trading is offered 267 00:12:48,280 --> 00:12:50,720 Speaker 10: to account with the Robinhood Crypto LC. Robin Hunt Crypto is 268 00:12:50,720 --> 00:12:52,839 Speaker 10: license to engage in virtual currency business activity by the 269 00:12:52,840 --> 00:12:54,880 Speaker 10: New York State Department of Financial Services, Crypto Health thro 270 00:12:54,920 --> 00:12:57,360 Speaker 10: robin Hood Crypto is not FDIC insured s ITC Protective 271 00:12:57,480 --> 00:13:00,240 Speaker 10: Investing in valves risk including loss of principle security trading 272 00:13:00,280 --> 00:13:02,199 Speaker 10: is offer through an account with robin Hood Financial LLC. 273 00:13:02,240 --> 00:13:04,319 Speaker 10: You remember s I p C a registered broker. 274 00:13:04,040 --> 00:13:06,120 Speaker 3: Dealer, but it can also go down a lot faster 275 00:13:06,200 --> 00:13:08,320 Speaker 3: as well because you're not. You don't really care about 276 00:13:08,640 --> 00:13:12,640 Speaker 3: the price of the stock. You're more concerned about the 277 00:13:12,679 --> 00:13:15,800 Speaker 3: bid and the ass as did I did I do 278 00:13:15,840 --> 00:13:17,360 Speaker 3: a good job explaining that Christian? 279 00:13:18,120 --> 00:13:20,360 Speaker 6: You did a decent job. 280 00:13:23,440 --> 00:13:25,439 Speaker 8: I might cut that. That's funny, all right? 281 00:13:25,520 --> 00:13:26,400 Speaker 4: So can you can you? 282 00:13:26,440 --> 00:13:26,920 Speaker 2: Can you feel in? 283 00:13:27,040 --> 00:13:28,240 Speaker 4: Can you fill in what I left out? 284 00:13:28,840 --> 00:13:30,360 Speaker 2: Are you smarter than the seventh grader? 285 00:13:33,000 --> 00:13:35,640 Speaker 7: So as far as the strike price, you were well 286 00:13:35,720 --> 00:13:37,720 Speaker 7: kind of right at that. So the strike price you do, 287 00:13:37,840 --> 00:13:40,320 Speaker 7: that's the price you're actually buying it at. So let's 288 00:13:40,320 --> 00:13:43,320 Speaker 7: say I'm buying I'm gonna use it yours. So let's 289 00:13:43,320 --> 00:13:45,520 Speaker 7: say I'm buying Apple if they were at three eighty two. 290 00:13:45,920 --> 00:13:49,480 Speaker 7: So the thing is about options. You have an option chain, 291 00:13:49,480 --> 00:13:51,320 Speaker 7: and when you're looking at the option chain, you have 292 00:13:51,400 --> 00:13:53,160 Speaker 7: in the money and out the money. So let's say 293 00:13:53,200 --> 00:13:54,760 Speaker 7: I'm going to go out the money. Normally, when I 294 00:13:54,760 --> 00:13:56,719 Speaker 7: go out the money, that's means more. And so I'm 295 00:13:56,720 --> 00:13:58,840 Speaker 7: gonna do a swing trade. A swing trade is a 296 00:13:58,840 --> 00:14:01,520 Speaker 7: more long term trade and investment. Like I said, you 297 00:14:01,559 --> 00:14:04,360 Speaker 7: can go out to a maximum about two years. So 298 00:14:04,440 --> 00:14:07,439 Speaker 7: let's say I'm doing a swing trade and Apple's current 299 00:14:07,520 --> 00:14:10,720 Speaker 7: stock price or yeah, stock price is at three eighty two, 300 00:14:10,960 --> 00:14:13,200 Speaker 7: so I'm gonna put my strip price at let's say 301 00:14:13,240 --> 00:14:15,080 Speaker 7: four hundred, so and I'm doing a call, so I 302 00:14:15,120 --> 00:14:18,880 Speaker 7: know my not Microsoft Apple, was gonna hit at least 303 00:14:19,080 --> 00:14:21,320 Speaker 7: four hundred dollars. Because I will say this about stripe 304 00:14:21,320 --> 00:14:25,200 Speaker 7: prices as well, they don't necessarily have to hit your 305 00:14:25,240 --> 00:14:27,200 Speaker 7: price in order for you to make money. They just 306 00:14:27,240 --> 00:14:29,160 Speaker 7: have to go in general direction for you to be 307 00:14:29,200 --> 00:14:31,200 Speaker 7: able to make money. That's how you make money off 308 00:14:31,280 --> 00:14:34,560 Speaker 7: swite swing trades, and that is one of the ways 309 00:14:34,600 --> 00:14:37,280 Speaker 7: I actually made money, not only off that Tesla but 310 00:14:37,400 --> 00:14:40,040 Speaker 7: also whether it did hit my strike price. But I 311 00:14:40,080 --> 00:14:42,680 Speaker 7: did one off Microsoft hit that's a better example. So 312 00:14:42,720 --> 00:14:46,160 Speaker 7: I remember Microsoft was about at one thirty five at 313 00:14:46,200 --> 00:14:47,960 Speaker 7: the time, that was their stock price, and I put 314 00:14:48,000 --> 00:14:50,040 Speaker 7: my stripe price this was a swing trade, and I 315 00:14:50,040 --> 00:14:51,720 Speaker 7: put it at one ninety five, and I put it 316 00:14:51,920 --> 00:14:54,720 Speaker 7: about three cents a month saddle, so I put it 317 00:14:54,720 --> 00:14:56,400 Speaker 7: three system month out and I put my strip price 318 00:14:56,440 --> 00:14:59,240 Speaker 7: at one ninety five. And even though Microsoft never actually 319 00:14:59,280 --> 00:15:02,520 Speaker 7: hit that stripe as one until later after I sold 320 00:15:02,520 --> 00:15:04,720 Speaker 7: the contract, it was still doing in that direction, so 321 00:15:04,760 --> 00:15:07,080 Speaker 7: therefore I was making money. 322 00:15:07,160 --> 00:15:08,080 Speaker 2: The trend is your friend. 323 00:15:08,120 --> 00:15:09,960 Speaker 5: So the thing as long as it was going toward 324 00:15:10,040 --> 00:15:12,160 Speaker 5: that one, you're gonna make some money. 325 00:15:12,200 --> 00:15:16,360 Speaker 3: Thank you, Thank you for the further explanation. So all right, 326 00:15:16,400 --> 00:15:18,480 Speaker 3: can you talk about this the Tesla trade that you 327 00:15:18,520 --> 00:15:20,080 Speaker 3: made today? Can you kind of just walk us through that. 328 00:15:20,760 --> 00:15:22,440 Speaker 3: What's your what's your Instagram? Because a lot of people 329 00:15:22,480 --> 00:15:25,720 Speaker 3: on on YouTube? Can you just type into instagrament I 330 00:15:25,720 --> 00:15:27,800 Speaker 3: think it's the truth at twenty twenty. 331 00:15:27,520 --> 00:15:29,800 Speaker 6: Four, right, yeah, the truth twenty twenty four. 332 00:15:30,480 --> 00:15:32,800 Speaker 4: And Mark Mark said he likes you. We'll let you 333 00:15:32,800 --> 00:15:33,520 Speaker 4: know who Mark is. 334 00:15:33,560 --> 00:15:33,640 Speaker 6: What. 335 00:15:34,520 --> 00:15:36,760 Speaker 3: Yeah, Mark is a Mark is a fan of you. 336 00:15:37,560 --> 00:15:39,400 Speaker 3: So yeah, can you walk us through your your Tesla 337 00:15:39,400 --> 00:15:40,280 Speaker 3: trade that you made today? 338 00:15:41,200 --> 00:15:41,440 Speaker 6: Sure? 339 00:15:41,560 --> 00:15:45,240 Speaker 7: So that Tesla trade was actually also another swing trade 340 00:15:45,280 --> 00:15:47,800 Speaker 7: that I did back in March when Tesla was at 341 00:15:47,880 --> 00:15:51,760 Speaker 7: that three hundred dollars Mark Mark and I remember, and 342 00:15:51,840 --> 00:15:54,920 Speaker 7: I remember I was telling my clients about it, and 343 00:15:55,000 --> 00:15:56,800 Speaker 7: I I didn't necessarily tell them. 344 00:15:56,880 --> 00:15:58,320 Speaker 6: I was telling them what I was gonna do and 345 00:15:58,360 --> 00:15:59,440 Speaker 6: that might as well copy. 346 00:16:00,120 --> 00:16:03,160 Speaker 7: So I got in at about three hundred dollars, and 347 00:16:03,200 --> 00:16:05,360 Speaker 7: I remember after that I decided to just I was 348 00:16:05,440 --> 00:16:08,800 Speaker 7: gonna just sell it. After Tesla started move up in 349 00:16:08,800 --> 00:16:12,440 Speaker 7: that upper direction, but we decided not to so kind 350 00:16:12,440 --> 00:16:14,520 Speaker 7: of just left it alone, and little did we know, 351 00:16:14,560 --> 00:16:17,600 Speaker 7: a couple of months later it hit almost one hundred 352 00:16:17,600 --> 00:16:21,080 Speaker 7: thousand dollars. Because Tesla, as you know, has one of 353 00:16:21,080 --> 00:16:23,800 Speaker 7: those well, Tesla is like a wildcard to me, like 354 00:16:24,040 --> 00:16:27,200 Speaker 7: it's one of those companies. Market be up one day, 355 00:16:27,280 --> 00:16:30,560 Speaker 7: Tesla's going down one hundred dollars, market be down another day, 356 00:16:30,560 --> 00:16:33,080 Speaker 7: Tesla's moving up two hundred dollars, fall back, move up 357 00:16:33,120 --> 00:16:36,080 Speaker 7: another one hundred dollars, Like Tesla is a wildcard. And 358 00:16:36,200 --> 00:16:39,200 Speaker 7: knowing this, but that Tesla is a wildcard, but it 359 00:16:39,280 --> 00:16:42,480 Speaker 7: is a very consistent company. So knowing this, we decided 360 00:16:42,480 --> 00:16:45,360 Speaker 7: to do a swing trade on this and like I said, 361 00:16:45,400 --> 00:16:47,640 Speaker 7: a little month, well a couple of months later, here 362 00:16:47,680 --> 00:16:49,480 Speaker 7: we are with the seventy eight thousand dollars. 363 00:16:49,720 --> 00:16:52,080 Speaker 6: So that's kind of the whole process on how that worked. 364 00:16:52,160 --> 00:16:53,240 Speaker 4: How much money did you put in? 365 00:16:53,600 --> 00:17:03,000 Speaker 9: Originally two thousand, two thousand, we got a question, how 366 00:17:03,000 --> 00:17:06,560 Speaker 9: do you choose your strike price? And you're ask that 367 00:17:06,640 --> 00:17:10,080 Speaker 9: you're looking to get in. I saw that comment in 368 00:17:10,119 --> 00:17:12,320 Speaker 9: YouTube fast how. 369 00:17:12,240 --> 00:17:14,159 Speaker 6: Do I choose my strike price? And my ass correct? 370 00:17:14,320 --> 00:17:14,720 Speaker 8: Ye? 371 00:17:15,240 --> 00:17:17,040 Speaker 7: All right, So as far as how I choose my 372 00:17:17,160 --> 00:17:20,480 Speaker 7: stripe price. That really depends I'm trading for that day. 373 00:17:20,680 --> 00:17:21,640 Speaker 6: Because you have. 374 00:17:21,520 --> 00:17:25,800 Speaker 7: Four different trading styles you have, and I use well 375 00:17:25,840 --> 00:17:28,760 Speaker 7: pretty much all four. So you have the first training style, 376 00:17:28,800 --> 00:17:32,440 Speaker 7: which is called scalping. So scalping is more so well 377 00:17:32,600 --> 00:17:37,520 Speaker 7: like a scalp surgeon pinpoint movements and short little movements. 378 00:17:37,160 --> 00:17:39,359 Speaker 6: And those are like in and out. You you gotta 379 00:17:39,359 --> 00:17:40,040 Speaker 6: be really quick. 380 00:17:40,320 --> 00:17:42,560 Speaker 7: You do have to have patience as well with scalping, 381 00:17:42,600 --> 00:17:45,600 Speaker 7: So scalping is born, like I said, pinpoint movements, So 382 00:17:45,640 --> 00:17:48,159 Speaker 7: it depends if I'm doing scalping, I might go in 383 00:17:48,240 --> 00:17:51,240 Speaker 7: the money. However, you also have day trading, which is 384 00:17:51,280 --> 00:17:54,520 Speaker 7: similar but not the same as scalping. Day trading you can, 385 00:17:54,880 --> 00:17:57,639 Speaker 7: instead of those pinpoint movements where you're making like four 386 00:17:57,720 --> 00:18:02,280 Speaker 7: hundred dollars in two minutes, trading might make five thousand 387 00:18:02,359 --> 00:18:05,360 Speaker 7: dollars in about not even ten to twenty, but like 388 00:18:05,640 --> 00:18:07,840 Speaker 7: maybe an hour or two. So day trading, while you 389 00:18:07,920 --> 00:18:12,360 Speaker 7: might take a little longer, you don't necessarily hold any 390 00:18:12,400 --> 00:18:14,479 Speaker 7: positions at the end of the day, and then you 391 00:18:14,560 --> 00:18:17,399 Speaker 7: have position in swing trading. So swing trading is what 392 00:18:17,480 --> 00:18:19,920 Speaker 7: I did with the Tesla and the Microsoft and one 393 00:18:19,960 --> 00:18:24,000 Speaker 7: of my favorite strategies to use because it's basically passive income. 394 00:18:24,040 --> 00:18:26,200 Speaker 7: It is something I do teach you in my course 395 00:18:26,240 --> 00:18:28,560 Speaker 7: because I gus I said it's passive income. I remember 396 00:18:28,600 --> 00:18:31,760 Speaker 7: my mom she said swing trading here is actually her 397 00:18:31,800 --> 00:18:35,240 Speaker 7: favorite strategy as well, because it allows you to not 398 00:18:35,280 --> 00:18:38,719 Speaker 7: only free up your time, but also to make passive 399 00:18:38,760 --> 00:18:41,640 Speaker 7: income and make money on a consistent basis without having 400 00:18:41,640 --> 00:18:43,720 Speaker 7: to really put in much work, which is the beauty 401 00:18:43,760 --> 00:18:46,240 Speaker 7: of the stock market. And then you have position trade, 402 00:18:46,280 --> 00:18:49,200 Speaker 7: which goes back to the well maximum matter two years, 403 00:18:49,400 --> 00:18:51,160 Speaker 7: where you can pretty much do it like a stock 404 00:18:51,200 --> 00:18:53,880 Speaker 7: can just hold it for a long amount of time 405 00:18:53,920 --> 00:18:54,760 Speaker 7: and just allow it. 406 00:18:54,680 --> 00:18:57,960 Speaker 6: To continuously making money. But you have to be careful 407 00:18:58,000 --> 00:18:59,800 Speaker 6: on what companies you choose because you. 408 00:18:59,720 --> 00:19:02,320 Speaker 7: Will have out those companies that might dip during a 409 00:19:02,320 --> 00:19:05,600 Speaker 7: certain point because of whatever reason. So you do have 410 00:19:05,640 --> 00:19:07,439 Speaker 7: to pay attention to the news and you do have 411 00:19:07,520 --> 00:19:09,320 Speaker 7: to watch your positions as well. Like I said, you 412 00:19:09,400 --> 00:19:11,520 Speaker 7: got to pay attention, like this is not something you 413 00:19:11,520 --> 00:19:13,840 Speaker 7: can just what may one trade and just leave it 414 00:19:13,880 --> 00:19:14,639 Speaker 7: for forever. 415 00:19:15,840 --> 00:19:17,639 Speaker 9: Can you walk us through your risk to reward ratio? 416 00:19:17,680 --> 00:19:20,840 Speaker 9: So are you risking ten percent to make one hundred 417 00:19:21,320 --> 00:19:23,399 Speaker 9: or what race you are are you using when you're 418 00:19:23,400 --> 00:19:24,879 Speaker 9: setting up your swing trades. 419 00:19:25,880 --> 00:19:29,480 Speaker 6: So when I'm setting up on my swing trades, I typically. 420 00:19:29,040 --> 00:19:31,520 Speaker 7: Won't like I don't like to lose more than about 421 00:19:31,560 --> 00:19:32,560 Speaker 7: twenty five percent. 422 00:19:32,840 --> 00:19:34,280 Speaker 6: However I will lose. 423 00:19:34,600 --> 00:19:38,159 Speaker 7: I will be willing to risk twenty five percent if 424 00:19:38,200 --> 00:19:39,800 Speaker 7: I can make at least fifty percent. 425 00:19:40,560 --> 00:19:45,320 Speaker 5: Okay, Christian, I got a quick question. So are you 426 00:19:45,480 --> 00:19:47,600 Speaker 5: making puts as well? What's your strategy on that? 427 00:19:48,480 --> 00:19:50,960 Speaker 7: Yeah, use puts as well. I don't use them as much, 428 00:19:50,960 --> 00:19:53,239 Speaker 7: but I do use them. And I would say an 429 00:19:53,240 --> 00:19:55,639 Speaker 7: example of put to a big what was it? The 430 00:19:55,680 --> 00:19:59,440 Speaker 7: company six Flags? Y'all know that's a yeah, the amusement 431 00:19:59,440 --> 00:20:03,119 Speaker 7: part actually on publicly. So I remember one thing I 432 00:20:03,160 --> 00:20:05,280 Speaker 7: did with six Flags. I remember the first year, I 433 00:20:05,280 --> 00:20:06,400 Speaker 7: want to say, discovered them. 434 00:20:06,520 --> 00:20:07,120 Speaker 6: I saw them. 435 00:20:07,119 --> 00:20:10,280 Speaker 7: This was also during the summer, and six Flags at 436 00:20:10,280 --> 00:20:11,440 Speaker 7: the time, this was about two years ago. 437 00:20:11,480 --> 00:20:12,240 Speaker 6: Six Flags was. 438 00:20:12,160 --> 00:20:14,199 Speaker 7: Going up because I believe they came out with a 439 00:20:14,280 --> 00:20:17,680 Speaker 7: new Batman ride or something, and everybody what was doing 440 00:20:17,680 --> 00:20:20,000 Speaker 7: at six Flags, So they jumped about twenty dollars. 441 00:20:20,080 --> 00:20:21,440 Speaker 6: So I made money off of calls. 442 00:20:21,440 --> 00:20:25,160 Speaker 7: And then, of course, since since Flags is a seasonal company. 443 00:20:25,400 --> 00:20:29,919 Speaker 7: They began slowly dropping as the months went on August, September, October. 444 00:20:30,640 --> 00:20:33,000 Speaker 7: So knowing this and knowing this from the first year 445 00:20:33,080 --> 00:20:36,040 Speaker 7: because I didn't figure out that pattern before, but knowing 446 00:20:36,080 --> 00:20:39,480 Speaker 7: this next year in twenty nineteen, I did see this 447 00:20:39,520 --> 00:20:41,840 Speaker 7: pattern and saw that six Flags who was gonna have 448 00:20:42,000 --> 00:20:44,320 Speaker 7: that well great summer again and. 449 00:20:44,240 --> 00:20:45,760 Speaker 6: Then they were going to slowly drip down. 450 00:20:45,760 --> 00:20:47,960 Speaker 7: So I decided to do a swing tray put on 451 00:20:48,000 --> 00:20:49,120 Speaker 7: it and make some money that way. 452 00:20:49,760 --> 00:20:52,800 Speaker 3: So and put foot well YouTube YouTube if you could 453 00:20:52,840 --> 00:20:54,919 Speaker 3: take a minute and like this video was twenty three 454 00:20:55,040 --> 00:20:57,879 Speaker 3: hundred people. I think that's a record for us. But 455 00:20:58,840 --> 00:21:01,280 Speaker 3: if you don't, if you don't appreciate it, if you 456 00:21:01,320 --> 00:21:03,359 Speaker 3: don't like this video, it says a lot about your 457 00:21:03,480 --> 00:21:07,480 Speaker 3: character already, this one. Yeah, you gotta come on, you 458 00:21:07,520 --> 00:21:09,280 Speaker 3: gotta like it. You got That's the least you can 459 00:21:09,320 --> 00:21:12,199 Speaker 3: do is like it. So let me ask you, all right, 460 00:21:12,280 --> 00:21:15,440 Speaker 3: So put for anybody that's that's when you're you're saying 461 00:21:15,440 --> 00:21:17,840 Speaker 3: that the stock is going to go down, where calls 462 00:21:17,840 --> 00:21:19,240 Speaker 3: are saying that the stock is going to go up. 463 00:21:19,320 --> 00:21:23,040 Speaker 3: So if your put strategy more short term like long term, 464 00:21:23,040 --> 00:21:25,439 Speaker 3: like do you have a long term call strategy and 465 00:21:25,480 --> 00:21:28,480 Speaker 3: a short term put strategy, or how do you play 466 00:21:28,520 --> 00:21:31,880 Speaker 3: your puts versus calls? And and do you ever put 467 00:21:31,880 --> 00:21:33,760 Speaker 3: a call and a put on the same position, because 468 00:21:33,760 --> 00:21:35,480 Speaker 3: some people do that to hedge, like they'll put a 469 00:21:35,520 --> 00:21:38,439 Speaker 3: call on Apple, but then they'll take twenty five percent 470 00:21:38,760 --> 00:21:41,080 Speaker 3: and put a put on it also, so if they'll 471 00:21:41,080 --> 00:21:44,080 Speaker 3: make money either way, the market decides to go. 472 00:21:45,760 --> 00:21:48,080 Speaker 7: So as far as how I do my calls and puts, 473 00:21:48,080 --> 00:21:51,280 Speaker 7: I more so do my well, I do do kind 474 00:21:51,280 --> 00:21:53,280 Speaker 7: of both ways, Like as far as long term, I 475 00:21:53,400 --> 00:21:56,960 Speaker 7: might do calls occasionally, but for the most part, I 476 00:21:57,080 --> 00:22:00,480 Speaker 7: use well puts for the long term, why not even 477 00:22:00,520 --> 00:22:02,679 Speaker 7: long term, but more so midterm on those companies that 478 00:22:02,760 --> 00:22:04,120 Speaker 7: I know sucked. 479 00:22:03,800 --> 00:22:06,200 Speaker 6: On our trash and I'm getting at a good entry point. 480 00:22:06,200 --> 00:22:09,560 Speaker 7: And then I use calls more so consistently and more 481 00:22:09,600 --> 00:22:12,119 Speaker 7: so yeah for short term, especially on with scoupling the 482 00:22:12,200 --> 00:22:12,840 Speaker 7: day journey. 483 00:22:12,840 --> 00:22:13,920 Speaker 2: Christian really quick. 484 00:22:13,960 --> 00:22:17,440 Speaker 5: So are you making options on individual stocks. 485 00:22:17,200 --> 00:22:18,400 Speaker 2: Or do you do ETFs as well? 486 00:22:19,200 --> 00:22:20,399 Speaker 6: I do individual stocks. 487 00:22:20,800 --> 00:22:51,359 Speaker 11: Okay, you just realized your business needed to hire someone yesterday? 488 00:22:51,880 --> 00:22:54,200 Speaker 11: How can you find amazing candidates fast? 489 00:22:54,760 --> 00:22:55,119 Speaker 2: Easy? 490 00:22:55,600 --> 00:22:58,960 Speaker 11: Just use indeed, stop struggling to get your job posts 491 00:22:59,000 --> 00:23:02,720 Speaker 11: seen on other jobs sites. With Indeed sponsored jobs, your 492 00:23:02,760 --> 00:23:04,760 Speaker 11: post jumps to the top of the page for your 493 00:23:04,760 --> 00:23:08,080 Speaker 11: relevant candidates, so you can reach the people you want faster. 494 00:23:08,600 --> 00:23:12,399 Speaker 11: According to Indeed data, sponsored jobs posted directly on Indeed 495 00:23:12,600 --> 00:23:16,440 Speaker 11: have forty five percent more applications than non sponsored jobs. 496 00:23:16,680 --> 00:23:19,919 Speaker 11: Don't wait any longer. Speed up your hiring right now 497 00:23:19,960 --> 00:23:22,600 Speaker 11: with Indeed, and listeners of this show will get a 498 00:23:22,680 --> 00:23:25,639 Speaker 11: seventy five dollars sponsored job credit to get your jobs 499 00:23:25,680 --> 00:23:31,520 Speaker 11: more visibility at indeed dot com slash pod Katz thirteen. 500 00:23:32,119 --> 00:23:36,360 Speaker 11: Just go to indeed dot com slash pod katz thirteen 501 00:23:36,680 --> 00:23:39,400 Speaker 11: right now and support our show by saying you heard 502 00:23:39,440 --> 00:23:43,280 Speaker 11: about Indeed on this podcast. Terms and conditions apply. Hiring 503 00:23:43,720 --> 00:23:45,120 Speaker 11: Indeed is all you need