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GME and ALC ramping up! GME with over 20% move intraday! Just shows that we will had back to test $300!
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You're welcome. Imo, there are only 2 books any of us need to read: Any of a number of them like this one (it's a pdf): [Options for the Beginner and Beyond,](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University And just read Chapters 1 through 6, which gets you to LEAPS options. You can stop there and become a very successful options trader. You (or I) don't need all the "strategies." And then Mike Yuen's *Intrinsic: Using LEAPS to Retire Early*. [$20 on Amazon](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=S7V4ZK5UHBRY&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1760477982&sprefix=mike+yuen%2Caps%2C131&sr=8-1), and well worth a read. He takes the simple LEAPS Call idea and applies it to Tech stocks. I've done all the "stuff" you can do with options (well, most of it), but I'm back to just doing plain old boring long Calls. Calls you own, just about the simplest way you can use options. Mostly LEAPS Calls (>1y out and 80-delta), but I've been putting profits from those into 100-120DTE 80-delta Calls, and man have *those* results been [amazing!](https://imgur.com/a/note-3m-change-BLwTnhq) And that's been just on ETFs, not stocks, which are riskier. Give the LEAPS Calls a try, please. They simply act as stock substitutes, but they give you *leverage*. Maybe on a ticker you already hold because you like it, buy an 80-delta Call a year or more out and watch how it behaves. Take care.
Hi, your post made me laugh because that was me the last few years, when I decided to really learn options. Especially your comment about 16-delta. I thought **10**\-delta was where it was at so much that I made a website called 10DeltaTrading just to crow to the world that I'd cracked the market, follow me and be rich, haha. Have you bought an 80-delta LEAPS Call yet? *I implore you*, buy just one on an ETF that's going up. You won't look back. And Mike Yuen's book *Intrinsic: Using LEAPS to Retire Early* is well worth the [$20 on Amazon](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=3RR7IIBJZVLV0&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1760034348&sprefix=yuen+leaps%2Caps%2C276&sr=8-1). His premise is to buy the longest-dated deep ITM LEAPS Calls on Tech stocks and wait. But you can play with the length of time and how deep ITM to suit your self. Have fun!
Hi, thanks for chiming in with a different perspective. Let me state mine clearly so you can see where we diverge: I don't think of this as "options stuff" anymore. I think of it as simply *buying shares with leverage.* Do you see the difference already? Mike Yuen's [Intrinsic](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=3P316MJVEUZ2N&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1760029185&sprefix=intrinsic+using+%2Caps%2C489&sr=8-1) taught me how LEAPS Calls work as *stock substitutes,* and then I've traded it since June with 60k of my own money that's now 100k, and now I *know in my bones* that they work that way. So I don't have worry about the "options stuff" anymore; the B/E you cited, expirations, thetas, gammas, price at expiration, etc. I mean, I *know* all that stuff, (I've read McMillan), but I don't *need* it anymore. Because I know from experience that if I buy an 80-delta LEAPS Call, it'll behave *pretty much like stock.* And we all know how stocks work. So you see? It's not *options* anymore, it's just *stocks*. It's really very liberating. Let me lay out the way I do it, which is modified some from Yuen, but I think he'd approve (because lots of things work with options, there's no *best*). 1) ***Pick a good underlying.*** That is SO important that I'll say it again: **PICK A GOOD UNDERLYING.** And it needs to be going up. Because remember, we're doing shares now, we're not doing "options stuff" against tickers. For me now, after decades of re-learning this lesson, that means **ETFs only**. 2) Go to the Call option chain that's just beyond 1 year. Find the Call at 80-delta (or *higher* if there isn't one at exactly 80). **Buy it**. *Notice*: did I say to look at theta or calculate B/E? No, just find the 80-delta Call and buy it. You're getting long the ETF, that's all. With shares do you worry about thetas and B/Es? 3) **Watch it.** Then *do something* when called for. How many of us have bought a great stock, ridden it to crazy heights, then rode it all the way back down? My hand is up. 4**a**) "Do something" when the ETF goes **down**. I sell the Call if it loses half. Or I sell if the ETF is where it was a month ago. It has "rolled over" and is headed back down. I'll give it a week down, 2 weeks, even 3. But when I do the 1-month view on Yahoo Finance, *if the ETF is below where it was a month ago*, I sell it.
This is the book that set me on the path where all I do now are LEAPS Calls: *Intrinsic: Using LEAPS to Retire Early*, by Mike Yuen. [Well worth the $20 on Amazon.](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=3BNBDI7V2M1XA&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1759957532&sprefix=intrinsic+usi%2Caps%2C203&sr=8-1) And if you haven't yet read an actual book on options, this one is solid: [Options for the Beginner and Beyond,](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University It's a pdf, just click and read. You can stop at Chapter 6, LEAPS.
Mike Yuen's [Intrinsic: Using LEAPS to Retire Early.](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=33DPL7GCEBVS3&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1759807065&sprefix=yuen+intrin%2Caps%2C239&sr=8-1)
I don't hold shares anymore, just LEAPS Calls as stock substitutes. The book *Intrinsic: Using LEAPS to Retire Early,* by Mike Yuen put me on this path. [ $20 on Amazon](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=2ISQQ8TNHPUV&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire&qid=1759760544&sprefix=intrinsic+leaps%2Caps%2C240&sr=8-1) if you want to have a look. The gist of it is: buy LEAPS as far out as you can, and very far ITM, on Tech stocks, and wait. But I do 80-delta and just a year out, which is a [common recommendation](https://www.google.com/search?q=buy+leaps+calls+as+stock+substitutes&rlz=1C1RXQR_enUS1137US1137&oq=buy+leaps+calls+as+stock+substitutes&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigAdIBCDk2NzFqMGo0qAIAsAIA&sourceid=chrome&ie=UTF-8). And then I sell 16-delta Calls against them, something which Yuen describes, but doesn't seem to do. Right now I'm about 80% in gold and silver ETFs, and 20% in other ETFs.
I don't try to predict, only react. For instance, in March when I discovered what gold had been doing for over a year, it wasn't because I said, "Hmm, there's a new president who's vowed to put tariffs on all our trading partners: I wonder what that will do to the price of gold?" Instead, I was looking at best-performing ETFs at the time, saw the trend, and jumped on board. Now that I'm in gold, I've read a lot about how it behaves and reacts, and with everything I've read, I don't see the upward momentum slacking for probably the next 3.25 years. But if it ever does slow down, I'll step off that escalator and onto another one that's going up. And from your other post: you're welcome for the information. And PLTR was probably a good learning experience for you. It was smart of you to think of LEAPS. There's a book you may like; it's the one that completely changed how I invest: Intrinsic: Using LEAPS to Retire Early, by Mike Yuen. [$20 on Amazon.](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=389XMDVK0OQ2T&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire&qid=1759028923&sprefix=int%2Caps%2C190&sr=8-1) He buys LEAPS on Tech stocks, 2-3 years out, and so deep ITM that their Breakeven Price is only 5% higher than the spot price. So really far out, and really deep ITM. But generally, 1 year at 80-delta is the conventional wisdom, so that's what I do, and it's been great. Try it out and you'll see. Take care.
Really? Which part(s) resonated with you? You might want to read Mike Yuen's [*Intrinsic: Using LEAPS to Retire Early*](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=2V3CXSXTVUWN3&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire&qid=1758770647&sprefix=%2Caps%2C154&sr=8-1). Someone here mentioned it earlier this year and it changed how I invest. He says to buy LEAPS Calls on Tech stocks, and he goes deeper ITM, but I prefer ETFs because they're less volatile, and 80-delta is the pretty commonly accepted norm. You're going to be amazed at the returns, whatever you use them on.
Man, you've done *great* on NBIS! 4 times your money? Incredible chart, I think I'll dip a toe in myself. You've gotten some GREAT advice in this thread, kudos to u/Thump604 and u/kmpham2013. AND on your own you've thought about buying LEAPS Calls; how did you become aware of them? Very smart to move house money into a leveraged play. I've been kind of an evangelist for deep ITM LEAPS Calls ever since reading [Intrinsic: Using LEAPS to Retire Early](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=1QFJRBIJ32AUH&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire&qid=1758746475&sprefix=intrinsic+using%2Caps%2C153&sr=8-1) by Mike Yuen. You want to buy OTM, and those guys suggested you buy ITM. Let me break it down for you and show you why the leverage at 80-delta is PLENTY. So yeah: About a year out. 80-delta. Those are the 'rules'/recommendations. Let's see what that looks like with NBIS: Fudging a bit, the the 359DTE **18Sep80C** at 81-delta is selling for **51.45** Midpoint. (It's AH Wednesday, 9/24/25.) IV is so high that that doesn't give you a ton of leverage to NBIS shares at **113.23**, but you're getting this much: (Spot / Call cost) x Delta 113.23 / 51.45) x 0.81 = 1.78 You're getting almost 1.8 times leverage to shares. So let NBIS go up 20% again like it did in the past week, and your Call will appreciate 35%. That's great, right? 75% more profit than if you owned shares. But it's not SUPER great. You want to get that by lowering Delta. What if instead, you lowered *time?* It's 'permissable' if you will, to buy Calls 100-120 days out. They'll be cheaper, which increases their leverage. Let's see what that looks like: The 114DTE **16Jan85C** at 81-delta is going for **37.10**. That's a LOT cheaper than the 359DTE Call at 51.45, right? What's the leverage now? (113.23/37.10) x 0.81 = 2.47 How much *more* leverage is that? 2.47 / 1.78 = 38% more leverage And remember, that came from getting closer in time, which can be a bit dangerous. But anyway, now let NBIS go up 64% in the next month like it did in the last month, and your Call goes up 158%. In a month. That's plenty of leverage.
Having looked into both (and seriously done the Wheel), I agree with you on both counts. What's always worked for me in stock-picking was just good old-fashioned momentum: look at charts till you find one that's going up smoothly (it doesn't have to be a LOT, smooth trumps that) and buy it. Then I tried all the 'things' you can do with options, including another serious evaluation of the Wheel. What finally did it for me what Mike Yuen's book [Intrinsic: Using LEAPS to Retire Early](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=2FHP31LOLG36B&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=mike+yuen+intrinsic+book&qid=1758074053&sprefix=mike+yuen+ins%2Caps%2C315&sr=8-1). I don't use his exact recommendations (which are a little inexact anyway), but I've taken to heart the principal that a deep ITM Call some months or years out can act as a *stock substitute.* But because they cost so much less than stock, they give you sweet, sweet leverage. (Which cuts both ways, don't forget.) And then, just as you probably should with shares you hold, I sell CCs against the long Calls. Together they're a Diagonal Call Spread. If the long leg is a year or more out, it's called the Poor Man's Covered Call. Same thing. They're all I do now, and I've never been happier.
Their robots are also awful [Look at this clanker](https://www.youtube.com/watch?v=ALC4ynRxFkY)
[Their robot looks laughably stupid and slow](https://www.youtube.com/watch?v=ALC4ynRxFkY)
After a few years of really trying all the option "strategies," I've come to the belief that I should think like a long term Buy and Holder and pick good stocks, but use LEAPS Calls for their leverage. It was Mike Yuen's book [Intrinsic: Using LEAPS to Retire Early](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=1PQB8X5A1G6HK&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1756948336&sprefix=yuen+intrin%2Caps%2C167&sr=8-1) that put me on this path. His basic premise is: "Will Tech be higher in 2 years? Then buy LEAPS Calls." And I'm almost always selling Calls against, so the PMCC.
Nah bro obviously the only play possible is ALC. gotta keep ALCing until win
blame it on the $ALC $ALC$ALC$ALC $ALC$ALCohol
ALC has been going down for a year.
You're welcome, and I hope you'll take it to heart. Your screen name indicates you will! And that's just a book I found a pdf of, that some site is hosting. But it's solid. And it's still for sale on Amazon, so if you find it helpful, maybe buy a copy to support the author. Once you've read it, the book that put me on the PMCC path is Mike Yuen's[ *Intrinsic: Using LEAPS to Retire Early*](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=2LCSPRBUDMUUR&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1753480970&sprefix=yuen+int%2Caps%2C214&sr=8-1)*.* $20 on Amazon. I'm reading it for a second time. Best of luck!
Hey, that's awesome! I hope "future you" does thank "current you." Two things put me on this path: My work friend who is a Buy and Holder. But that goes against my grain as a trend trader (sometimes derisively called a momentum chaser, or worse). Mike Yuen's book [*Intrinsic: Using LEAPS to Retire Early*](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=Y4BIP7U5V221&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1753385716&sprefix=yuen+int%2Caps%2C204&sr=8-1) I'm reading it again right now. He makes a great case for LEAPS Calls as a way to get long stocks you think will be higher in 2 or 3 years. And he likes Tech. Most Tech stocks are going to be higher in 2 or 3 years. He also discusses selling Calls against them, but I'm not sure he's all-in on that idea. I am. I've read on Reddit and elsewhere that everyone should be selling CCs on stock they're holding, and it makes sense to me. Make it earn its keep to be in your portfolio. Make it pay rent. I'd like you to google this phrase: "InTheMoney Adam PMCC" and watch his tutorial on the Poor Man's Covered Call. And pay particular attention to his first sentence or two. Be good.
Hi, you might not be ready to hear it yet, but file this away to revisit when you get tired of the ups and downs and no real gain of "option strategies." Credit to the book [Intrinsic: Using LEAPS to Retire Early](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=AR57OWC5KIP4&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic+using+leaps+to+retire+early+by+mike+yuen&qid=1752438970&sprefix=intrinsic+leaps%2Caps%2C198&sr=8-1), by Mike Yuen. The idea is as simple as buying stocks hoping/thinking they'll go up, but using the leverage of options to make more money. And then selling Calls against Calls you own for more juice. So pick a stock you think will be higher a year or two from now. Nvidia, maybe? Buy a Call at least a year out, at 80-delta or higher. Right now that might be the Sep2026 130C for **53.00**. Divide that into the NVDA spot price of 164.92 to find that you're getting 3.1 times leverage. (Sort of. You have to multiply that by Delta, in this case 0.80, to get 2.5x.) NVDA has gone up $22.95 (15%) in the last month. If it does that in the *next* month, that option would go up buy 0.8 x 22.95 = **18.36** Making it worth then: 53.00 + 18.36 = 71.36 That's a gain of 34% in one month. Versus a 14% gain in the stock price. *That's the leverage that long Calls give you.* (The long Call would've gone up more, because as the stock price goes up, the Call goes deeper and deeper ITM, and its Delta increases. So while initially it moves at 80 cents for every $1 move of NVDA, near the end of the month it should be very close to 90-delta, so 90 cents per $1 move.) And then the juice: Sell a 30-delta 30DTE Call against the Call you own. (Not technically called a Covered Call in this case, but it acts exactly the same.) The 15Aug180C at 23-delta (which is low, but the next strike up was 32-delta) for **2.23**. Calculate ROI: 2.23 / 53.00 = 4.2% That's in 32 days from tomorrow, Monday, so divide by 32 days and multiply by 365 days to get a projected apy of 48%. And that's just from selling Calls. The long Call could stay flat and you could still expect that sort of return. So check it out on Optionstrat or somewhere, and think it through and see if it might work for you. It has for me. I've gone from 'trading' to essentially 'investing.' Cheers.
Not too good to be true, but it works and is pretty much all I do now. I credit that to Mike Yuen's book [Intrinsic: Using LEAPS to Retire Early](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=26CV9Q5DI7UGT&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic%2C+using+leaps+to+retire+early+by+mike+yuen&qid=1746462417&sprefix=mike+yuen+leaps%2Caps%2C302&sr=8-1). $20 on Amazon, best 20 bucks you'll ever spend. He buys deep, deep ITM, where extrinsic value is only 5 or 10% of the total premium, but I feel like that deep isn't necessary, so I go with the standard rec of 80-delta. And I typically only buy them a year out, vs. him buying as far out as he can. Then sell Calls against the positions at 30-delta, maybe 30 days out. (Yuen says he doesn't do that, though he describes how to.) I discovered the [gold chart](https://imgur.com/a/gld-ytd-4-18-25-hWoX368) on 3/5, and by Monday 3/24 I had our 3 accounts almost entirely in the ETF GLD, $48,404 total. By the end of that week the balance was 57,477, up 18.5% for the week. Wednesday of the following week was Liberation (from your money) Day, and the balance stood at 60,459. But that caused a 5% dip in gold, and the week closed at 47,242. Just under where I'd started. But the following week, 4/7, ended at 67,088. And by the end of the following week, 4/14, I had 74,453. That's up 53% in 4 weeks. But then gold got fussy and I'm down to 60,465 today. Still, that's 25% since 3/23, 6 weeks. Call it 16% per month? Mind you, I haven't been necessarily buying LEAPS Calls (1y or greater) as your title implies. But I've been buying Calls 3 months, 6m, and 9m out. Then selling 20-25 delta Calls just a week out. And with GLD's low IV, that gives me crazy leverage, which accounts for the mad swings. If I were actually doing LEAPS (which I'm graduating toward), the drawdowns would've been less and it would've been a smoother ride. As an indication of how much leverage, today the accounts were up 10% on a 2.5% move in gold. That's too much. Google "In the Money Adam PMCC" and watch his YT tutorial on them. Best of luck!
Buffet, the US bond man, retired. The world is diversifying it’s central currency Talks of petrodollar is back on the table Francs and euros are up 10 cents on the dollar The fucking treasury is being raided by broccoli heads after they canned the only guys who know how to operate ALC and Cobra. The old system is dead. Go long volatility.
OSI is the bible, and you should read it, but later. An easier read is [Options for the Beginner and Beyond](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University. I found it online some months ago when I was looking for a pdf book to point someone to. It might not be the best, but it's certainly not the worst; it's just a good, solid book on options. Read most of it, then go off and watch YT videos. In the Money Adam is the GOAT, but there are other good ones. Mike and His White Board comes to mind. And play around on OptionStrat dot com to see what the various strategies look like. And then keep it simple. Do you buy stocks now? If so, why? Because you expect them to go up, right? So once you learn options, do the same, but buy long-dated Calls as *stock substitutes*. You'll get 3-5 times leverage to the stock or ETF. And then sell Calls against those Calls. The Poor Man's Covered Call. Google "In the Money Adam PMCC" and watch his tutorial on them. Honestly, that's all anyone needs to know about options. Think like a long-term investor, then express your theses with long Calls. (And if you're inclined to spend 20 bucks, buy Mike Yuen's [Intrinsic: Using LEAPS to Retire Early](https://www.amazon.com/INTRINSIC-Using-LEAPS-Retire-Early/dp/0578814161/ref=sr_1_1?crid=MP9TAM0K7QT5&dib=eyJ2IjoiMSJ9.tc1jvwZ8ryBIJK0P9QBkWg.a0Wy5ALC9ysuJB7p5OAa6jf6mSrnGyzvcNlEgtVaXT4&dib_tag=se&keywords=intrinsic%2C+using+leaps+to+retire+early+by+mike+yuen&qid=1746413126&sprefix=mike+yuen+intr%2Caps%2C234&sr=8-1). He's the one who got me to my current state of being consistently profitable after some years of trading options.)
$ALC owns 40% of the eye care industry. Was split off from $NVS. Also a good bet on an ageing population
Of all the companies reporting today, this action has caught my eye the most. If you [read their past quarter earning's transcript](https://www.fool.com/earnings/call-transcripts/2024/11/07/match-group-mtch-q3-2024-earnings-call-transcript/) it'll leave a bad taste in your mouth. > Tinder's direct revenue was slightly below our expectations, driven by the under-delivery of certain optimizations > we saw less progress on Tinder MAU than we expected > we're clear-eyed that Tinder's progress will not always be linear because we know that transformation such as these take time > Tinder direct revenue of $503 million was down 1% year over year, but up 1% FX neutral in Q3 > Tinder payers declined 4% year over year in Q3 > This, in turn, has caused pressure on Tinder MAU. We are working on a number of initiatives to improve this trend. > At Tinder, we expect direct revenue to be $480 million to $485 million, down 2% to 3% year over year in Q4. This range for Tinder incorporates the current MAU trends as well as the delayed ALC initiatives I noted earlier, each accounting for approximately half of the reduction to our Q4 expectations for Tinder. We expect Tinder payers to decline mid-single digits year over year in Q4 with modest year-over-year RPP improvement offsetting a portion of that decline. Doesn't seem good for $MTCH's 👑 jewel.
Aaaalright time for the earnings play of the day. ALC and COTY anyone?
Is anyone playing ALC for earnings today? Calls?
This sub is a joke. Talk about ALC but not GME 🤣🤣
Time to buy ALC dip
Selling ALC on the open fuck this shit
Should I type something about ALC....never mind...I'll jinx it....
My honest opinion , after reading comments. The whole online investing thing .. the lingo the fact people with $200 in the market shit post. So much about this play , too late to try to catch people up but there is NO COMMUNITY as united as ALC OR AS STROKG.
We have something like this on the ASX called EX20. Top 200 by market cap but take out the first 20. The complement to that is ALC which is only the top 20
No politics ? Last time I checked JPOW was a political figure. Same with Nancy. Same with ALC. all are talked about on this thread. Retard
Did you know that if you purely analyze the price action of this stock, at its current price of $78.54 (as of 1/14/22 3:55 PM), this stock is UNDERVALUED! While this stock IS trending upwards based on its 200 day moving average, it still has lots of room to grow to catch up with market growth expectation levels. I'm rating this stock a 6/10 based on its current situation🙂 The Positive Emotion Price level is between $77.09-$92.51. On this, my short/longer term Sell Target for active trading from its current price would be between $86.39-$107.93. 1 year ago from today, $ALC was trading at $69.69 so at the current price, it's up 12.70%!
Did you know that if you purely analyze the price action of this stock, at its current price of $78.54 (as of 1/14/22 3:55 PM), this stock is UNDERVALUED! While this stock IS trending upwards based on its 200 day moving average, it still has lots of room to grow to catch up with market growth expectation levels. I'm rating this stock a 6/10 based on its current situation🙂 The Positive Emotion Price level is between $77.09-$92.51. On this, my short/longer term Sell Target for active trading from its current price would be between $86.39-$107.93. 1 year ago from today, $ALC was trading at $69.69 so at the current price, it's up 12.70%!
$ALC squeeze to $80 this week.
Checking out $ALC. new product and acquisition
$ALC new product launch and acquisition. Good consolidation at $77-$78. More volume can gap back up to $85+
$ALC load up on Tuesday for a squeeze
$ALC health stocks will pick up soon
$ALC getting ready for a breakout next week
$ALC new acquisition and new product launch
$ALC cheap options into next week
$ALC Currently, Alcon carries a Zacks Rank #2 (Buy).
$ALC new product launches and recent acquisition, can gap to $80+. Triple bottom forming, solid consolidation at $77-78. Safe call option here
$ALC staying strong in red market. new product launches and recent acquisition, can gap to $80+. Triple bottom forming, solid consolidation at $77-78.
$ALC new product launches and recent acquisition, can gap to $80+. Triple bottom forming, solid consolidation at $77-78.
$ALC options swinging into next week
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC PT $92 from multiple analysts
$ALC can gap to $80+ with more volume.
$ALC new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC cheap healthcare stock for option swing
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC price average price target from analysts is $92.5
ALCON $ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction. new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC options still cheap for gap up next week to $80+
$ALC closing green. Calls cheap to swing over the weekend for a gap up
$ALC options still cheap for gap up next week
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday. Healthcare sector will start to pick up
$ALC Calls are cheap. new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining more traction here! new product launches and recent acquisition, can gap to $80+ with more volume. Volume has been picking up everyday.
$ALC gaining traction here.. new product launches and recent acquisition, can gap to $80+
$ALC gaining traction here.. new product launches and recent acquisition, can gap to $80+
$ALC gaining traction here.. new product launches and recent acquisition, can gap to $80+
$ALC gaining traction here.. new product launches and recent acquisition
Great DD OP. I’m always looking at the transportation sector. I’m long on CP rail and Canadian shipping company ALC. TTR is a Canadian trucking/ logistics company I got some gambling money into. Shipping, Semiconductors and HVAC: bullish on these three sectors.
# I'm too retard to find ALC ticker to yolo on.
What happen to BKKT? I'm not following it anymore. I'm into lending club, bought in 35s and it pullback day of ER, so I bought a little more at 31s - went to 49...want to add, but no pullback so far they beat top and bottom and upgraded guidance - sofi's market cap is 3.8 X higher than LC(higher growth, already has banking charter) https://www.tradingview.com/chart/?symbol=NYSE%3ALC
I got the ALC movie pass thing. How much more Boomer can I get 🤨
Your math looks right to me. One time I saved money by adding two 5% ALC beers together in a cup to make 10% beer for the same price.
I’m in all three, SPRT ALC and GME. These are some insane short Interest numbers. To all those saying this is a distraction, Stop being emotionally attached to the name, these plays are against the HEDGIES. They short GME and AMC, and continue to do so with other stocks. F them and F the SEC for allowing them to continue doing this to other stocks
I’ve made $16k playing AMC in every direction, doesn’t mean it too doesn’t suck. Clov isn’t doing shit worth playing in either direction, ALC at least has great volatility.
Accidentally put all my live savings into ALC
BB is the way. Not sure why we attacking so many stocks. ALC/GS/BB. 💯