VOICES OF LIBERTY POWERED BY RON PAULBubba comments to a client that buying back a teenie is never a wrong idea. You never sell teenies. Bubba explains that you can always buy back your shorts that you have limited risk and have your anchor to back you up. Bubba comments on a mistake he made on a trade earlier in the week. He advises clients never to chase trades in the current market conditions.Bubba comments on the problem with ETFs that are indexed. They are leveraged and as time goes on they lose their correlation to the underlying product. He doesnt recommend clients using them. He comments on a stock that needs to rally in order to make money in the next month. He comments on a trade he made in a very low volatility stock that failed. He mentions that the trade probably should not have been executed.Bubba talks about a possible trade in UAL (United Airlines). He talks about the number of possible trades that can be made in the stock. He decides on a backspread that he feels will give the trader the best return in this stock. He discusses the risk and reward in the trade. He answers a question from a student concerning volatility. He maintains that both puts and calls have the same amount of premium.He recommends a trade on XOE an ETF. He recommends an off strike calendar spread buying an anchor in a deferred contract and selling the expiring weekly. He concludes the session by recommending an earnings trade in LULU a clothing retailer. He discusses the expected move in the stock after the earnings are released. He recommends a spread that takes advantage of time decay in the expiring option.