The Unconstrained Podcast

The Bubba Show - 03.24.15


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VOICES OF LIBERTY POWERED BY RON PAULBubba talks to his listeners and said that he has demand for his options webinar on Sunday night. Bubba comments that the market conditions are not favorable. He begins to answer questions. He talks about the importance of having a defensive strategy. If you trade you must be prepared for adversity. If you are not prepared for when things go wrong you will have problems.Bubba answers a question about how he uses stop losses. He tells the student that with the current volatility levels that you cant trade stocks that have no price movement. Bubba talks about trades that were on the books in the past week and how he handled the trades. On one trade he notes that it would have turned out better if he could see the future, unfortunately no one can do that.Bubba answers a question about how a student handled an Apple Inc. credit spread trade, he the student he doesnt stop out credit spreads and explains his logic. He mentions that on Friday he had some good fortune when a trade that he had on in Apple Inc. went his way and he was able to convert a teenie into a nice winning trade. He comments that when an option that was part of a zero he never sells it.Bubba comments on what happens when the premium in an option contract rises. He informs the caller that you can make excellent profits by buying options in a rising volatility market. He talks about the recent slide in Net Flix stock. He notes that when NFLX reaches a certain level on the downside that buyers appear to support the stock. He concludes this part of his call by noting that panic selling can usually be detected.
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The Unconstrained PodcastBy [email protected] (Myles Wakeham)