1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally, your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:55,240 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 15 00:00:55,400 --> 00:00:57,840 Speaker 1: border and families will be protected. 16 00:00:57,920 --> 00:01:00,000 Speaker 2: Sponsored by the United States Department of Homeland Security. 17 00:01:00,120 --> 00:01:07,160 Speaker 3: Let's talk about stock options. Will the options market crash, 18 00:01:07,800 --> 00:01:13,000 Speaker 3: the stock market and index bubble collapse the stock market? 19 00:01:13,160 --> 00:01:18,640 Speaker 3: So JP Morgan, analyst, states that the national value of 20 00:01:18,840 --> 00:01:24,240 Speaker 3: options has surpassed the volume of the stock market and 21 00:01:24,280 --> 00:01:29,559 Speaker 3: a collapse could occur soon. So all right, stock options 22 00:01:31,520 --> 00:01:35,320 Speaker 3: very popular, became very popular during the pandemic. If anybody 23 00:01:35,319 --> 00:01:38,360 Speaker 3: doesn't know what the stock option is, that's when you are, 24 00:01:38,880 --> 00:01:40,880 Speaker 3: for lack of a better term, you're kind of betting 25 00:01:41,280 --> 00:01:44,559 Speaker 3: on the future price of a stock. So the stock 26 00:01:44,640 --> 00:01:47,800 Speaker 3: is at one hundred dollars, you're buying an option for 27 00:01:48,320 --> 00:01:51,360 Speaker 3: May twenty twenty four for it to get the two 28 00:01:51,480 --> 00:01:54,520 Speaker 3: hundred dollars. And it's if it trends in the right direction, 29 00:01:54,600 --> 00:01:57,280 Speaker 3: then you can make money. If it trends downwards, then 30 00:01:57,320 --> 00:01:58,960 Speaker 3: you can lose money, and you can actually end up 31 00:01:59,000 --> 00:02:02,920 Speaker 3: losing all of your money. So options became you know, 32 00:02:03,240 --> 00:02:06,200 Speaker 3: it's a way to earn a lot more money than 33 00:02:06,280 --> 00:02:08,720 Speaker 3: investing in just traditional stocks and just riding it up. 34 00:02:08,960 --> 00:02:12,280 Speaker 3: But it's also a lot more volatile as well. So 35 00:02:12,520 --> 00:02:14,400 Speaker 3: what are we making about this option situation? 36 00:02:16,800 --> 00:02:17,639 Speaker 2: This is really tricky. 37 00:02:17,680 --> 00:02:20,080 Speaker 4: I was talking to Liz about this over the weekend 38 00:02:20,160 --> 00:02:24,720 Speaker 4: and partially today. When a couple of things I always 39 00:02:24,760 --> 00:02:27,720 Speaker 4: want you guys to look for when they're promoting any 40 00:02:27,919 --> 00:02:32,520 Speaker 4: asset class derivative coin product, who is going to be 41 00:02:32,520 --> 00:02:35,520 Speaker 4: the winner, and if things fall apart, who would they 42 00:02:35,560 --> 00:02:40,560 Speaker 4: blame as a result, I will not be surprised when 43 00:02:40,600 --> 00:02:44,360 Speaker 4: this recession begins to happen that if they do not 44 00:02:44,480 --> 00:02:49,440 Speaker 4: blame option traders, robinhood traders, and speculators as part of 45 00:02:49,480 --> 00:02:52,320 Speaker 4: the reason why the market fell apart. So when a 46 00:02:52,400 --> 00:02:55,520 Speaker 4: notion of value is higher than the actual volume of 47 00:02:56,120 --> 00:02:58,640 Speaker 4: buying stocks long term, it just really means that more 48 00:02:58,680 --> 00:03:01,560 Speaker 4: people are trading than they are are buying long term. 49 00:03:02,000 --> 00:03:04,720 Speaker 4: That's really tricky because a lot of people are doing 50 00:03:04,760 --> 00:03:07,519 Speaker 4: like options that are expiring in the same day. 51 00:03:07,560 --> 00:03:09,120 Speaker 2: So if you hit it, oh my god, you make 52 00:03:09,160 --> 00:03:09,919 Speaker 2: a killing. Right. 53 00:03:10,480 --> 00:03:12,720 Speaker 4: I've seen some people make two three thousand percent in 54 00:03:12,720 --> 00:03:15,280 Speaker 4: a day that I've also seen some people get. 55 00:03:15,160 --> 00:03:16,040 Speaker 2: Margin called right. 56 00:03:17,680 --> 00:03:22,560 Speaker 4: But the reason why most people are trading so much 57 00:03:22,600 --> 00:03:25,600 Speaker 4: goes back to what we talked about on a previous 58 00:03:25,639 --> 00:03:28,960 Speaker 4: episode is that once we came off that gold standard like, 59 00:03:29,440 --> 00:03:33,240 Speaker 4: it began to road an overall dollar economy, and people 60 00:03:33,360 --> 00:03:36,400 Speaker 4: don't trust the stock market or the overall economy because 61 00:03:36,560 --> 00:03:39,280 Speaker 4: for the first time in history, every signal of a 62 00:03:39,320 --> 00:03:42,240 Speaker 4: recession is there and they're actively telling us no, everything's started. 63 00:03:42,360 --> 00:03:44,240 Speaker 4: This is one of the strongest job markets we've ever 64 00:03:44,280 --> 00:03:46,320 Speaker 4: had in history. I'm like, what job market are you 65 00:03:46,360 --> 00:03:51,000 Speaker 4: looking at? So when there's a disconnect or dispersion in 66 00:03:51,080 --> 00:03:55,240 Speaker 4: truth from the media versus what is really occurring, people 67 00:03:55,320 --> 00:03:56,960 Speaker 4: are saying, hey, let me run and get a bag 68 00:03:57,080 --> 00:04:01,520 Speaker 4: right now. As a result, if the market does crash, 69 00:04:01,840 --> 00:04:03,800 Speaker 4: it's going to make the margins on futures go up. 70 00:04:03,840 --> 00:04:05,520 Speaker 4: It's going to make the margins on option it's going 71 00:04:05,600 --> 00:04:07,960 Speaker 4: to go up. Some of these companies will be wrecking 72 00:04:08,000 --> 00:04:11,480 Speaker 4: bud business. And of course, I once again I'll always 73 00:04:11,480 --> 00:04:15,160 Speaker 4: say it, as soon as we got into crypto, Uber, Airbnb, 74 00:04:15,920 --> 00:04:20,520 Speaker 4: crypto NFT media, they found a way to crash every 75 00:04:20,600 --> 00:04:25,600 Speaker 4: market at the same time while profiting from it at 76 00:04:25,640 --> 00:04:28,320 Speaker 4: the same time. Off of us, we have to be 77 00:04:28,480 --> 00:04:33,120 Speaker 4: very careful for all my options. Traders, Please be careful 78 00:04:34,080 --> 00:04:36,040 Speaker 4: over the next three to four months, and there will 79 00:04:36,080 --> 00:04:38,400 Speaker 4: be regulation that comes out around this as an active 80 00:04:38,480 --> 00:04:41,599 Speaker 4: quote unquote safety when this market does crash. Now, on 81 00:04:41,640 --> 00:04:45,479 Speaker 4: the other side, I do think the same thing is 82 00:04:45,480 --> 00:04:48,560 Speaker 4: going to happen on the indexes. I think Vanguard will 83 00:04:48,600 --> 00:04:51,880 Speaker 4: be safe. But as a result of all this auto 84 00:04:51,960 --> 00:04:54,359 Speaker 4: and robo investing over the last ten years and with 85 00:04:54,480 --> 00:04:56,919 Speaker 4: interest rates being low, when all of those companies like 86 00:04:56,920 --> 00:05:00,920 Speaker 4: Well Run and Well Simple got launched, will not be surprised. 87 00:05:00,960 --> 00:05:04,159 Speaker 4: In the next four years we see a smaller index. 88 00:05:05,800 --> 00:05:06,080 Speaker 3: Erners. 89 00:05:06,120 --> 00:05:06,480 Speaker 2: What's up. 90 00:05:06,560 --> 00:05:09,040 Speaker 5: You ever walk into a small business and everything just 91 00:05:09,200 --> 00:05:12,360 Speaker 5: works like the checkout is fast, the receipts are digital, 92 00:05:12,880 --> 00:05:15,880 Speaker 5: tipping is a breeze, and you're out the door before 93 00:05:15,880 --> 00:05:20,039 Speaker 5: the line even builds odds are they're using Square. 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A lot of 110 00:06:17,240 --> 00:06:20,839 Speaker 5: people think podcasts about work are boring, and sure, they 111 00:06:20,920 --> 00:06:24,800 Speaker 5: definitely can be, but understanding a professional's routine shows us 112 00:06:24,800 --> 00:06:28,440 Speaker 5: how they achieve their success little by little, day after day. 113 00:06:29,440 --> 00:06:31,920 Speaker 5: It's like banking with P and C Bank. It might 114 00:06:32,040 --> 00:06:34,919 Speaker 5: seem boring to save, plan and make calculated decisions with 115 00:06:34,960 --> 00:06:38,000 Speaker 5: your bank, but keeping your money boring is what helps 116 00:06:38,000 --> 00:06:41,080 Speaker 5: you live or more happily fulfilled life. P and C 117 00:06:41,240 --> 00:06:46,400 Speaker 5: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since 118 00:06:46,440 --> 00:06:49,120 Speaker 5: eighteen sixty five is a service mark of the PNC 119 00:06:49,200 --> 00:06:53,160 Speaker 5: Financial Service Group, Inc. P and C Bank National Association 120 00:06:53,360 --> 00:06:54,320 Speaker 5: Member FDIC. 121 00:06:56,120 --> 00:06:59,680 Speaker 1: An illegal alien from Guatemala charged with raping a child 122 00:06:59,760 --> 00:07:03,000 Speaker 1: in men, Massachusetts. An MS thirteen gang member from Al 123 00:07:03,080 --> 00:07:07,880 Speaker 1: Salvador accused of murdering a Texas man of Venezuelan charged 124 00:07:07,920 --> 00:07:11,840 Speaker 1: with filming and selling child pornography in Michigan. These are 125 00:07:11,880 --> 00:07:15,320 Speaker 1: just some of the heinous migrant criminals caught because of 126 00:07:15,400 --> 00:07:19,119 Speaker 1: President Donald J. Trump's leadership. I'm Christy nom the United 127 00:07:19,120 --> 00:07:23,880 Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal 128 00:07:23,920 --> 00:07:27,600 Speaker 1: border crossings are at the lowest levels ever recorded, and 129 00:07:27,640 --> 00:07:31,000 Speaker 1: over one hundred thousand illegal aliens have been arrested. If 130 00:07:31,000 --> 00:07:34,640 Speaker 1: you are here illegally, your next you will be fined 131 00:07:34,720 --> 00:07:38,840 Speaker 1: nearly one thousand dollars a day, imprisoned, and deported. You 132 00:07:38,880 --> 00:07:42,440 Speaker 1: will never return. But if you register using our CBP 133 00:07:42,600 --> 00:07:45,320 Speaker 1: home app and leave now, you could be allowed to 134 00:07:45,400 --> 00:07:50,200 Speaker 1: return legally. Do what's right. Leave now. Under President Trump, 135 00:07:50,360 --> 00:07:53,520 Speaker 1: America's laws border and families will. 136 00:07:53,360 --> 00:07:56,160 Speaker 2: Be protected sponsored by the United States Department of Homeland Security. 137 00:07:56,560 --> 00:07:59,680 Speaker 4: Collapse as a result, and it's happened before you can 138 00:07:59,680 --> 00:08:02,160 Speaker 4: go look at SVXY back in the day, there have 139 00:08:02,240 --> 00:08:04,840 Speaker 4: been some indexes or ETFs that are drawing down eighty 140 00:08:04,880 --> 00:08:07,679 Speaker 4: percent in one month because of liquidity issues. 141 00:08:08,640 --> 00:08:10,680 Speaker 5: So please, I mean, if you look at the percentages 142 00:08:10,720 --> 00:08:15,800 Speaker 5: of people that actually have profitable option trades, it's like 143 00:08:15,880 --> 00:08:18,400 Speaker 5: less than ten percent, right, less than five percent. I 144 00:08:18,440 --> 00:08:22,080 Speaker 5: believe it's one of those things, man, you when you 145 00:08:22,080 --> 00:08:24,840 Speaker 5: speak about regulation, it makes me think and I always 146 00:08:24,840 --> 00:08:27,320 Speaker 5: thought this, right, if people are obviously making money, there's 147 00:08:27,320 --> 00:08:29,120 Speaker 5: going to be a pullback, and we're going to try 148 00:08:29,120 --> 00:08:30,560 Speaker 5: to get as many people out of the space if 149 00:08:30,600 --> 00:08:32,760 Speaker 5: you look at the value numbers, right, but what does 150 00:08:32,840 --> 00:08:35,600 Speaker 5: regulation look like? Does it become a new barrier to 151 00:08:35,679 --> 00:08:38,320 Speaker 5: even trade derivatives? Does it become right, Yo, you have 152 00:08:38,400 --> 00:08:40,360 Speaker 5: to have a certain amount of money to even become 153 00:08:40,400 --> 00:08:43,319 Speaker 5: an optionent trated. Those are the type I'm looking and 154 00:08:43,400 --> 00:08:45,280 Speaker 5: I'm like, Okay, I'm watching the space. I'm like, all right, 155 00:08:45,320 --> 00:08:47,880 Speaker 5: something's coming. Something's coming because you're right, like, people are 156 00:08:47,880 --> 00:08:49,840 Speaker 5: looking at it. I mean we could just be honest. 157 00:08:49,840 --> 00:08:52,560 Speaker 5: They're looking at it because of the percentage of gains 158 00:08:52,760 --> 00:08:55,800 Speaker 5: in a short period of time. And that's great, But 159 00:08:55,880 --> 00:08:59,280 Speaker 5: what happens when it goes the wrong way? And quote 160 00:08:59,320 --> 00:09:02,280 Speaker 5: unquote you lose shirt, right, Like, you lose it all. 161 00:09:02,400 --> 00:09:05,600 Speaker 5: Like even today a great example, right, we had a 162 00:09:05,640 --> 00:09:08,280 Speaker 5: hell of a swing in an astec. I had a 163 00:09:08,320 --> 00:09:11,600 Speaker 5: call that was up I think thirty two hundred dollars 164 00:09:11,920 --> 00:09:15,240 Speaker 5: by four fifteen when I checked it was down eighty 165 00:09:15,240 --> 00:09:18,079 Speaker 5: one negative eighty one dollars. It was a hell of 166 00:09:18,120 --> 00:09:20,280 Speaker 5: a swing. And these are the things, like there's so 167 00:09:20,360 --> 00:09:23,400 Speaker 5: much volatility. I mean, we always talked to people about 168 00:09:24,240 --> 00:09:28,839 Speaker 5: not putting, you know, everything in your portfolio into options, right, 169 00:09:28,880 --> 00:09:31,960 Speaker 5: because the volatility is too strong and most people aren't 170 00:09:31,960 --> 00:09:36,200 Speaker 5: even experienced, and so it can you make money, yes, 171 00:09:36,240 --> 00:09:40,640 Speaker 5: can you lose money yes, be very very very cautious 172 00:09:41,200 --> 00:09:43,800 Speaker 5: and make sure that you do your due diligence trading 173 00:09:44,600 --> 00:09:47,520 Speaker 5: daily options. That that's for I mean, we talked about it. 174 00:09:47,520 --> 00:09:49,679 Speaker 5: That's for live man like you really should be experienced 175 00:09:49,679 --> 00:09:51,439 Speaker 5: if you do it, even if you're doing weekly calls 176 00:09:51,520 --> 00:09:56,600 Speaker 5: like I don't suggest it. I still do it myself because, 177 00:09:56,640 --> 00:09:59,760 Speaker 5: like I said, again, there's no way to predict the market. 178 00:10:01,440 --> 00:10:03,400 Speaker 5: If there was, I mean, obviously there would pee a 179 00:10:03,440 --> 00:10:06,120 Speaker 5: lot more wealthy people. So be very careful man trading, 180 00:10:06,120 --> 00:10:07,000 Speaker 5: hask civil risk. 181 00:10:09,559 --> 00:10:11,720 Speaker 4: Yeah, and I know I beat up on options before. 182 00:10:11,720 --> 00:10:14,240 Speaker 4: That's why I brought up the ETF example. You guys 183 00:10:14,280 --> 00:10:16,959 Speaker 4: can go look at the ticker svxy, which is pro 184 00:10:17,080 --> 00:10:23,199 Speaker 4: shares short vix ETF. From in twenty sixteen, it was 185 00:10:23,240 --> 00:10:26,480 Speaker 4: at seventy five dollars and fifty five cent. By twenty 186 00:10:26,520 --> 00:10:28,960 Speaker 4: eighteen it got to five hundred and fifty seven dollars. 187 00:10:29,080 --> 00:10:31,600 Speaker 4: I remember people were riding high. All of a sudden, 188 00:10:31,679 --> 00:10:33,680 Speaker 4: all the volume went out of it. It went from 189 00:10:33,920 --> 00:10:37,439 Speaker 4: in one quarter from five to thirty three all the 190 00:10:37,520 --> 00:10:41,200 Speaker 4: way down fifty six dollars in one quarter that was 191 00:10:41,200 --> 00:10:43,280 Speaker 4: in twenty eighteen and twenty twenty three. 192 00:10:43,480 --> 00:10:45,520 Speaker 2: Pars to sixty six dollars. 193 00:10:46,880 --> 00:10:49,640 Speaker 4: So if an institution or bank moves all of their 194 00:10:49,720 --> 00:10:51,960 Speaker 4: money out of an asset class, there's not enough retail 195 00:10:52,000 --> 00:10:55,240 Speaker 4: investors to keep it afloat. Always been alive. It's always 196 00:10:55,280 --> 00:10:58,240 Speaker 4: been a misconception. I don't want you guys to end 197 00:10:58,320 --> 00:11:01,479 Speaker 4: up in being cannon are for one of these atfs 198 00:11:01,600 --> 00:11:04,960 Speaker 4: or options as a result, And there is even in 199 00:11:04,960 --> 00:11:07,080 Speaker 4: the morning when they're actually on the floor and we've 200 00:11:07,080 --> 00:11:10,079 Speaker 4: been there, there aren't as many people even on the 201 00:11:10,080 --> 00:11:14,360 Speaker 4: floor traded anymore like eleven o'clock. Whenever I go see 202 00:11:14,360 --> 00:11:18,360 Speaker 4: Peter and go see everybody, it's quiet. The volume has 203 00:11:18,440 --> 00:11:22,080 Speaker 4: come out so much because of algorithms. Please be careful, 204 00:11:22,080 --> 00:11:25,000 Speaker 4: and a lot of these options, the market makers are 205 00:11:25,000 --> 00:11:27,600 Speaker 4: better than against you, and the algorithms are well. 206 00:11:27,720 --> 00:11:33,400 Speaker 3: Please be careful, all right, Be mindful. Be mindful, ladies 207 00:11:33,440 --> 00:11:36,840 Speaker 3: and gentlemen. It's the only thing. 208 00:11:36,880 --> 00:11:38,280 Speaker 4: And we will monitor the situation. 209 00:11:41,960 --> 00:11:47,160 Speaker 3: My graduates from my school being forced back drop drop 210 00:11:48,080 --> 00:11:49,440 Speaker 3: drop backdrop. 211 00:12:00,559 --> 00:12:04,240 Speaker 1: An illegal alien from Guatemala charged with raping a child 212 00:12:04,240 --> 00:12:08,040 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 213 00:12:08,280 --> 00:12:12,440 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 214 00:12:12,480 --> 00:12:16,400 Speaker 1: filming and selling child pornography in Michigan. These are just 215 00:12:16,480 --> 00:12:20,240 Speaker 1: some of the heinous migrant criminals caught because of President 216 00:12:20,280 --> 00:12:23,880 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 217 00:12:23,880 --> 00:12:28,680 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 218 00:12:28,720 --> 00:12:32,240 Speaker 1: crossings are at the lowest levels ever recorded, and over 219 00:12:32,320 --> 00:12:35,520 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 220 00:12:35,600 --> 00:12:39,480 Speaker 1: are here illegally, your next you will be fined nearly 221 00:12:39,559 --> 00:12:43,560 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 222 00:12:43,600 --> 00:12:47,240 Speaker 1: never return. But if you register using our CBP home 223 00:12:47,280 --> 00:12:50,679 Speaker 1: app and leave now, you could be allowed to return legally. 224 00:12:51,040 --> 00:12:55,760 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 225 00:12:55,960 --> 00:12:58,400 Speaker 1: border and families will be protected. 226 00:12:58,480 --> 00:13:00,600 Speaker 2: Sponsored by the United States Department of Mansecurity,