PEP dropped from $181 (on Sep 15) to 157 (Oct 6) and was going sideways since then. It is going up this morning, currently at 162.29. I have a put credit spread 170/165 by Jan19 - what are the chances to recover over the next 3 months?

Buying Calls or Puts: When buying a long call or put we need to make sure we have a strong opinion on which way the stock or ETF is headed in the near term. We have to keep in mind that whenever we buy an option the clock is ticking the second we decide to initiate the trade. The time decay will start to add up and potentially eat into the profit potential that we have. This means not only do we need to be right on market direction, but the move needs to happen in our favor quick enough. To combat some of the negative features of buying an option, we like to be very picky with the criteria that we use when selecting the call or put option. First, we don’t pick the option based on what we can afford like so many retail traders make the mistake of doing. In many cases, this will leave you with an out of the money option which has a very low probability of success. Instead, we like to trade the in the money options. Our criteria has us going out 20-40 days until expiration and buying the call or put option ​ that is 1-2 strikes in the money. This criteria is the same whether we are trading GOOGL, DIA, or C. By using the same criteria on all stocks and ETF’s, we are able to take much of the discretionary decisions out of the equation. Buying Vertical Spreads: When using a long vertical spread, we still need to have a strong opinion on which way the stock or ETF is heading in the near term. While the time decay is still going to be there like with a long call or put, the long vertical spread is able to limit the effect of the time decay slightly. We like to use the long vertical spread when we desire to be in a more conservative position. We are able to do this because a long spread is constructed by both buying an option and selling an option with a different strike price at the same time. Vertical spreads offer a unique ability to control risk and reward by allowing us to determine our maximum gain, maximum loss, break-even price, maximum return on capital, and the odds of having a winning trade, all at the

I'm Mary, am new here👋👋👋

729 - Mark made 15% to 54% from ISRG in 3 months In the last 3 weeks, I lost 4.4 KG. How? - I fasted. Fasting is about not eating (exercising restraint) for 16 hours and eating within an 8-hour window. This allows your body to rest and also lowers your insulin level. ​By combining fasting with eating hard-boiled eggs (2 eggs) for one of the meals, I lost 4.4 KG. Why it works? Fasting lowers your insulin level, allowing your body to rest and consume fat instead of the food you're eating. If you are always eating​, your body can't consume fat. Eating 2 eggs for one of the meals allow your body to absorb protein with low oil content (instead of pan-fried eggs which I love). This ​is an example where you feed yourself good food first instead of fast-food. After doing a lot of analysis, fasting is similar to how I invest. For my investing strategy to be successful, I hold cash 38% of the time in the market. Of course, everyone makes money during the bull market. Thus, investing is about avoiding and taking advantage of bear markets. Holding cash is not a bad thing as it allows you to rest (similar to fasting) and re-enter at the best time. To understand how powerful timing is.... ​​ If you can avoid one bear market, you can double your return.​​​​​​​​​​​​​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Free webinar - how to get 30%: https://5mininvesting.com/free-case-study/ In May, my goal is to help 10 people without a financial background to master investing. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals.

With limited trading platform choices in Canada, I have bee actively looking for a less expensive and user friendly platform. Currently most of my trading is happening in Questrade, I do have IBKR account as well. Following is the information I am sharing as it may benefit someone. Questrade (QT) - Option commissions are high $10.95, good news now you can use Tradingview to place orders with QT Webull - Started operating in Canada in January, commission is cheaper, but currently no Option trading available in Canada Tastytrade - not in Canada yet, they have pushed their launch to end of the year from this summer. I am bit unhappy with this decision as I was really looking forward to this platform. MooMoo - Operating in Canada, commissions are cheaper, I am trying their platform, looks good to me. Options is only available for US stocks. Overall, I feel like MooMoo is the way to go. Anyone have experience with this platform?