PropNotes

PropNotes

Hey guys! In this post, we'll be breaking down our Sector Strength readings for the most recent week, along with the best way to take advantage of how the markets are currently moving. First, here are the most recent readings: Here's our take: Strength across all sectors weakened this last week as the market sold off broadly, ruining momentum and causing...

PropNotes

Hey guys! Today, we're looking at a Trade Idea in Amazon, the giga-cap tech company and retail behemoth. Like most of our trade ideas, this post focuses on selling put options - this time, on NASDAQ:AMZN shares. In case you're unfamiliar with options -> when you sell a put option, one of two things happens. Either; A.) The stock price finishes above the...

PropNotes

In early 2020, following the massive injection of liquidity into the financial markets by the Federal Reserve, many onlookers speculated that the price of gold would go on a massive bull run, comparable to the gold super-cycle we saw in the early 2000's: In that market, gold went from ~$260 per ounce to more than $1,600 per ounce, a gain of more than 500% over...

PropNotes

Hey guys! Today, we're looking at a Trade Idea in AMD, the popular semiconductor company that often plays second fiddle to Nvidia (NVDA). Like most of our trade ideas, this post focuses on selling put options - this time, on AMD shares. In case you're unfamiliar with options -> when you sell a put option, one of two things happens. Either; A.) The stock price...

PropNotes

Bitcoin. Love it or hate it, it's one of the most important assets of our age. Digital gold? A new monetary system? A defense against inflation? All of these and more? The debate rages on. For our two cents; it doesn't really matter. It's a highly volatile, highly liquid asset, which means that it is one of the best trading vehicles around. Long? Short? Doesn't...

18:00

PropNotes

Hey gang! Thanks for watching. Reminder -The most important bits of a strategy are: - directional bias - where to trade - where to risk - how to manage There's one final piece that we didn't mention in the video - capital management. AKA - how much to spend, of all of your capital, on the risk in a given trade. A great rule of thumb is that no trade should...

PropNotes

IDEA : Sell SL Green $12.5 strike puts expiring 5/19/2023 for $50 per contract (Currently $0.50 market bid. Be sure to check prices.) NOTE : Your broker will reserve $1,250 in buying power for every contract sold. STATS : -46% breakeven (We have this much “room” until we would be underwater at option expiry.) 30% annualized return 92% chance of max...

PropNotes

IDEA : Sell Six Flags $20 strike puts expiring 5/19/2023 for $35 per contract (Currently $0.35 market bid. Be sure to check prices.) NOTE : Your broker will reserve $2,000 in buying power for every contract sold. STATS : -20% breakeven (We have this much “room” until we would be underwater at option expiry.) 12.7% annualized return 86% chance of max...

PropNotes

IDEA : Sell Bill Holdings $45 strike puts expiring 5/19/2023 for $100 per contract (Currently $1.00 market bid. Be sure to check prices.) NOTE : Your broker will reserve $4,500 in buying power for every contract sold. STATS : -37.4% breakeven (We have this much “room” until we would be underwater at option expiry.) 15.6% annualized return 92.3% ...

PropNotes

Idea : Sell Coinbase $25 strike puts expiring 5/19/2023 for $55 per contract ($0.55 market bid) Note : Your broker will reserve $2,500 in buying power for every contract sold. Stats : -67% breakeven (underlying stock can drop this much until assignment) 13.6% annualized return 97% chance of max profit Comments : Coinbase is a bedrock crypto company....

PropNotes Updated 

Hey guys! I haven't posted in a while, so I thought I'd share something that I've been looking at more and more lately - GST. For those who don't know, GST is the main utility coin of the popular mobile walk-to-earn Solana app, StepN. For those unfamiliar with the game, it's basically an app that pays you to walk around / run / move, provided you own some of...

PropNotes Updated 

Capitulation town, here we come! The 200 MA has been broken, and leveraged longs are triggered. It's the first time this has happened in Bitcoin's history. The bottom has just dropped out. I'd guess we hit 10k before I'd throw some bids out.

16:32

PropNotes Updated 

Hey guys! Today, I'm launching a video series about how to actually make money in the markets. This is the first video. At this point, it's a cliche, but I'll say it anyway: The first step to making money is not losing money. So many people lose money by committing unenforced errors. This video is simply about helping people see the obvious mistakes they are...

PropNotes

Hey guys! Hope all is well. I get lots of questions about what companies I like and what companies I don't like. I review the top ~900 or so companies every quarter to keep my analysis fresh. Here's the most recent update: 4/1/2022. Compounders: tradingview.com Value Destroyers: tradingview.com Let me know in the comments if you have any questions about my reasoning!

20:00

PropNotes Updated 

Hey guys! In this video, I talk about building a trader mindset. This isn't meant to be a marketing term either, I truly believe that Traders see the world differently, because all we do all day is calculate risk and reward, bat rate and win loss. Expected value is the holy grail. On top of that, I also examine the different types of competition you will face on...

PropNotes

A huge chunk of the world's palladium supply is produced in Russia. I expect this may make all time highs now with Russia invading the Ukraine

PropNotes

Hey Everyone! PayPal has been in an absolutely disgusting downtrend for the last several months, wiping out billions in stock value as the company's fundamental growth has slowed and margins have come under pressure. And, while the stock is still somewhat "expensive", trading at 30x net income, it is beginning to look interesting. Trading at only 19x cash flow,...

PropNotes

You can now purchase shares of Square / Block, the high growth fintech company, for what it was trading at back in fall of 2018. This parabolic selloff in ostensibly a quality growth name constitutes a buying opportunity for long term investors, and should be a solid place to begin DCA'ing or selling puts (which would be a great idea with the recent...