Love to be transparent...

31.44% return in 5 days. When the RUT get to all time high, buy a put 6 months out. Either close out the trade with your profit target or sell a put when the stock drop even more when the premium is the same as what you paid for the original put. Then the trade cost nothing and you make more money if drops more and reduce your risk with a locked in profit.

Congratulations to the following 10 people for being the most contributing members of the community: 1) @Rong Zhou 2) @Marc Graybush 3) @Sukhwinder Dhanoa 4) @Lindsay Talbot 5) @Sandra Van Den Ham 6) @Velle SG 7) @Monica Bernard 8) @Eugene Voutchkov 9) @Leon K 10) @Cris Bob I (Michael) will contact you in the chat to provide you with the gifts. You will receive: - 1 share of (WMT) = $58.82 USD To show proof of purchase, you must post in the community that you received the share. For next month May, the prizes will be: - 1 share of (SBUX) If you did not receive a prize this month, don't worry. Points are earned/given by liking posts or comments. 1 like = 1 point for the author. You can be the next top contributor for the next 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) and receive an additional referral prize. For a limited time, you can get a referral bonus when your friends to join Investing Accelerator. You can get up to $2,000 USD per referral. Here's what you will get: 1st referral: $500 USD 2nd referral: $750 USD 3rd referral: $1,000 USD 4th referral: $1,250 USD 5th referral: $1,500 USD 6th referral+: $2,000 USD per referral onwards The referral count will reset at the end of the year. What's the best method for referral? 1. Talk to your friend about investing and see if they need help 2. Share the free webinar with your friend: https://5mininvesting.com/free-case-study/ 3. Follow up with your friend and see if he/she has questions 4. Suggest your friend to schedule a call with my team Michael to answer any remaining questions your friend has.

https://optionstrat.com/klBseITyfKXR

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