He's got both the GLD and SLV trades listed at his blog as "straddles"...not outright buys via call contracts. Of course he says to "hedge" every call he makes, which is right now "bullish GLD and SLV" via his commentary...altho I haven't listened to this entire spew yet. I'm listening now. He needs to update his web blog to show that he only bought calls...not straddles.
BTW, no contracts have yet traded in the Sept expiry $14 put options as of yet. So either Greg isn't following his own advice or he's outright lying. There are no other scenarios possible.
I did not look for the SLV, but I executed one call contract on GLD but not at the proposed 115 but at 120. Moreover this also reduce the variation with the price action of the option relative to the GLD price. While I am a bit exposed to the a large swing on the negative side than with a straddle I prefer this approach, but it remain up to you to adapt your style to your risk level. I am also not sure Greg execute every recommendation but his advice remain very good for me.
If only one side of the trade he "outlines" at his blog where he "says" he posts "actual" trades gets executed, then he should update the information as such. As of right now he "might be" long those SLV put contracts as they "finally" traded 25 contracts (total) at .06. That certainly "looks like" a big enough trade for Greggy poo to handle. That's basically a $150 bet..total! LOL That's the "fact." I gave him the market price when he posted the trade. I'm tracking his "real time" based on what he tells you to do at his blog. It clearly states that all of the trades listed should be straddles.
Positions in GLD and SLV? Call options, I believe you said. I don´t understand. You expect them to go up or down? You expect them to move sharply and soon?
The open trades at Bananarino's LemmingsVoice.bomb blog "clearly" state to take both sides of the same trade as he is playing a straddle in both GLD and SLV.
If you want to see what the "actual" prices of those contracts were I outlined the trades at my blog. 2 of the contracts hadn't even traded any volume at all even "after" he posted his trades. The put side of the SLV trade showed yesterday's "last trade" of .07 ..the asked (the price you would pay if you submit a market order) is now at .06 and there still isn't any volume. So Greg did not execute a straddle at all as of right now and if he does the volume on those SLV Sept expiry $14 puts will need to pick up dramatically in order to hedge the long side. This is nothing but proof beyond ANY doubt that Greg is a BS artist. But don't take my word for it...go check pricing yourself.
Thanks for the insight. I don´t get it, though. Playing both sides at the same time! Too complicated for me. I try to buy physical gold when I can, as well as silver (but this is a tough one where I am). And to earn my way into de cryptocurrencies world, by blogging in Steemit : -)
Greg can't actually figure out what is going to happen at any given time. Therefore, he tries to "dazzle" everyone with pure unadulterated bs. :-) I'm sure he will remain true to form and close these trades out in 3 trading days or less....claiming a "big victory" to one side or the other. But the "fact" remains that as of right now he still hasn't executed at least 1 position that we know of for sure>>> SLV short to $14 by Sept expiry. I'll continue to provide complete disclosure on any trades I happen to be around to see him post. The 'truth" doesn't mean much to most of the Bananarino faithful of course. T o most here Greg is simply a voice that verifies what they have been thinking all along. If anything he's a snapshot of how the "ave Joe" trades. :-) BTW, I'm sure there is some reason why Greg doesn't disclose "price paid" for ANY trade he posts at his web blog. I'm actually surprised nobody asked him why he hides things. It would take only 1 more second to post the price paid. I'm sure he doesn't disclose prices paid becuz it makes it easier for him to bullshit you guys. :-)
Nice critique, Greg seems like a nice guy but i don't find his analysis particularly technical. He spends a lot of energy restating the big picture without a strong technical analysis of any one sector or security. Please be careful everyone.
Over at Utube someone asked Greg if SLV and GLD should be played as just plain longs or straddles...and Greg did verify the trades were meant to be straddles. So that basically puts him back to being a bs artist because I monitored the SLV Sept $14 puts and they traded "zero" volume until late in teh day when somebody picked up 25 at .06. That's less than a $150 bet. So like I said, he's pumping out bs and as long as he does that I will follow the trades he posts whenever I see them. I also placed and outright short on FB btw...to 150 by the Fri after the 4th of July. I decided to just take the good side of his dummass straddle that ended up losing him .75 per contract overall on his last "try" with FB.
I just listened to his entire spew and he is advocating the long side of both the GLD and SLV trade. But that's not what his website is saying he is doing. So he needs to either change the trade to show that he only bought the call side of these trades...or stop bullshitting people.
Hi Greg! I wanted to ask you what you think of the 363 Contracts due on June 28th. It seems every June for the last few years, the Powers that should never have been, have had a tough time meeting the Contracts in June. Every year since 2012 the paper price of Gold has been smashed just before Contract day. I was waiting for June 27th before I bought. What do you think, am I better off not to wait?
Excellent that you joined Steemit not to long ago. Been following you on Fakebook for a long time. Post on Steemit a picture of you at the pool this weekend.
we love you to bro! thank you for your honesty and your commitment to your lions, even though I am pretty poor and i consider myself a lion-tree.. I find your videos very informative and I think you are a really great dude, trying to help the little guys out like you do. I dont know the first thing about stocks, or the funky trading lingos, but i love the silver talk and the crypto talk, and i love just hearing about the financial news from someone who knows what the hell is going on, that has the balls and the common decency to tell it like it is. It was you, and a couple people like you, that have really changed my life in the past year, and i feel i owe you some gratitude, i was completely blind to what was going on, and now have a whole new perspective. Really waking up to some of this worlds cruel realities i never cared to look at before, and using that knowledge to build a better future reality for me in my kids. Being a single dad isnt easy in this world and I know if i continue to play things right I will be able to leave them with something when i die, besides a mountain of debt. So to sum this whole thing up real quick -thank you very much from the bottom of my heart, love you bro!
Bananrino hasn't posted a single trade in over a month where he took one side of the trade or the other. He always takes both sides of the same trade. Gordon Gecko was "sure" of his decisions. Greg bananarino? Ehhhh...not so much. :-)
I would like to see gold above 1,260 first. If you look at last few months, it is clear that around 1,260 is some kind of inflection zone. At this levels price get rejected or it gets pushed hard through or (after break through) there is retest. (edit: finally, got chart posted) :-)
I don't know about silver, but gold seems to be following a trend line in the charts and is bouncing up from it. I'm sure this is what Gregory is seeing as well. Thanks Gregory and have a good weekend.
I have switched to mostly crypto for now, but I have cash in my brokerage account just waiting to short the markets... It is sad that most people will lose so much, and some will gain so much... All because of simple knowledge. I tell as many people as I can... Some don't listen.
The views of this particular professional trader (i.e. Greg) are revealing and appreciated.
Become your own Central Bank! Thanks Greg for all our info!!!! It's definitely very helpful and insightful.
Oh that's very good!!!
Nice "Greg Dollar"!!
Thats the best! HAHA. Amazing!
nice!
Thanks...
When I upvoted you, your total was at $6.66 . Spooky.
I survived EXACTLY that today :)
https://steemit.com/superstition/@abcdoctor/a-message-to-all-who-wish-me-well
I started following you and resteemed your post to get that total way up. Good luck! Steem on.
Thank you :) Following you back!
Thanks Greg, Good call, I think Gold and Silver might get a leg up higher also
He's got both the GLD and SLV trades listed at his blog as "straddles"...not outright buys via call contracts. Of course he says to "hedge" every call he makes, which is right now "bullish GLD and SLV" via his commentary...altho I haven't listened to this entire spew yet. I'm listening now. He needs to update his web blog to show that he only bought calls...not straddles.
https://www.traderschoice.net/money-page--stock-picks.html
BTW, no contracts have yet traded in the Sept expiry $14 put options as of yet. So either Greg isn't following his own advice or he's outright lying. There are no other scenarios possible.
I did not look for the SLV, but I executed one call contract on GLD but not at the proposed 115 but at 120. Moreover this also reduce the variation with the price action of the option relative to the GLD price. While I am a bit exposed to the a large swing on the negative side than with a straddle I prefer this approach, but it remain up to you to adapt your style to your risk level. I am also not sure Greg execute every recommendation but his advice remain very good for me.
If only one side of the trade he "outlines" at his blog where he "says" he posts "actual" trades gets executed, then he should update the information as such. As of right now he "might be" long those SLV put contracts as they "finally" traded 25 contracts (total) at .06. That certainly "looks like" a big enough trade for Greggy poo to handle. That's basically a $150 bet..total! LOL That's the "fact." I gave him the market price when he posted the trade. I'm tracking his "real time" based on what he tells you to do at his blog. It clearly states that all of the trades listed should be straddles.
It's only a straddle until you're confident enough about the direction of the move.
Cool
Dittos...
Greg I couldn't believe my ears :D But I get you, thanks for the update, grand as always!
Positions in GLD and SLV? Call options, I believe you said. I don´t understand. You expect them to go up or down? You expect them to move sharply and soon?
The open trades at Bananarino's LemmingsVoice.bomb blog "clearly" state to take both sides of the same trade as he is playing a straddle in both GLD and SLV.
https://www.traderschoice.net/money-page--stock-picks.html
If you want to see what the "actual" prices of those contracts were I outlined the trades at my blog. 2 of the contracts hadn't even traded any volume at all even "after" he posted his trades. The put side of the SLV trade showed yesterday's "last trade" of .07 ..the asked (the price you would pay if you submit a market order) is now at .06 and there still isn't any volume. So Greg did not execute a straddle at all as of right now and if he does the volume on those SLV Sept expiry $14 puts will need to pick up dramatically in order to hedge the long side. This is nothing but proof beyond ANY doubt that Greg is a BS artist. But don't take my word for it...go check pricing yourself.
Thanks for the insight. I don´t get it, though. Playing both sides at the same time! Too complicated for me. I try to buy physical gold when I can, as well as silver (but this is a tough one where I am). And to earn my way into de cryptocurrencies world, by blogging in Steemit : -)
Greg can't actually figure out what is going to happen at any given time. Therefore, he tries to "dazzle" everyone with pure unadulterated bs. :-) I'm sure he will remain true to form and close these trades out in 3 trading days or less....claiming a "big victory" to one side or the other. But the "fact" remains that as of right now he still hasn't executed at least 1 position that we know of for sure>>> SLV short to $14 by Sept expiry. I'll continue to provide complete disclosure on any trades I happen to be around to see him post. The 'truth" doesn't mean much to most of the Bananarino faithful of course. T o most here Greg is simply a voice that verifies what they have been thinking all along. If anything he's a snapshot of how the "ave Joe" trades. :-) BTW, I'm sure there is some reason why Greg doesn't disclose "price paid" for ANY trade he posts at his web blog. I'm actually surprised nobody asked him why he hides things. It would take only 1 more second to post the price paid. I'm sure he doesn't disclose prices paid becuz it makes it easier for him to bullshit you guys. :-)
Nice critique, Greg seems like a nice guy but i don't find his analysis particularly technical. He spends a lot of energy restating the big picture without a strong technical analysis of any one sector or security. Please be careful everyone.
Over at Utube someone asked Greg if SLV and GLD should be played as just plain longs or straddles...and Greg did verify the trades were meant to be straddles. So that basically puts him back to being a bs artist because I monitored the SLV Sept $14 puts and they traded "zero" volume until late in teh day when somebody picked up 25 at .06. That's less than a $150 bet. So like I said, he's pumping out bs and as long as he does that I will follow the trades he posts whenever I see them. I also placed and outright short on FB btw...to 150 by the Fri after the 4th of July. I decided to just take the good side of his dummass straddle that ended up losing him .75 per contract overall on his last "try" with FB.
I just listened to his entire spew and he is advocating the long side of both the GLD and SLV trade. But that's not what his website is saying he is doing. So he needs to either change the trade to show that he only bought the call side of these trades...or stop bullshitting people.
Sitting by the beach drink in one hand, Fidelity charts in the other. Have a great one Gregg.
THANK YOU AND I UPVOTE ALL YOUR POST
Paper gold? Tell me it isn't so!
Give us a great Idea.
I like silver to and as you always say watch the debt market. I think the Fed is for the Banks not for us. Have a great weekend.
Stacking shiny metal!!!
upvoted and resteemed
Ah ha! Another goose laying golden eggs. Golden nuggets of financial truth. I hope these assets come out of the gutter this year.............
Greg: I agree on GLD and SLV. Both GLD and SLV confirmed Buy on your Evolution System. Have a nice weekend !
Thanks Greg. Looking forward to an uptrend in the metals. P.S. I recently found out about Steemit through your Youtube channel; many thanks!!
I am long gold and short the financials also...thanks Greg you are awesome!
Thank you for your reports. They help me alot in making good decisions.
Great post Greg. Hope you can covert the profit from this trade into a monster box. 👍
Thank you Gregoy
Thanks for the update.
Thanks for your insight Greg. I'm ready for a big move in gold & silver.
What trick will they pull next? Plunge protection team + Exchange Stabilization Fund = NOTHING IS REAL
Hi Greg! I wanted to ask you what you think of the 363 Contracts due on June 28th. It seems every June for the last few years, the Powers that should never have been, have had a tough time meeting the Contracts in June. Every year since 2012 the paper price of Gold has been smashed just before Contract day. I was waiting for June 27th before I bought. What do you think, am I better off not to wait?
useful post
thank you. marketreport~^^
If the yield curve inverts it'll most likely lead to a stock market crash. This has been the case every time the curve inverted for the last 30 yrs...
Excellent that you joined Steemit not to long ago. Been following you on Fakebook for a long time. Post on Steemit a picture of you at the pool this weekend.
nice video
we love you to bro! thank you for your honesty and your commitment to your lions, even though I am pretty poor and i consider myself a lion-tree.. I find your videos very informative and I think you are a really great dude, trying to help the little guys out like you do. I dont know the first thing about stocks, or the funky trading lingos, but i love the silver talk and the crypto talk, and i love just hearing about the financial news from someone who knows what the hell is going on, that has the balls and the common decency to tell it like it is. It was you, and a couple people like you, that have really changed my life in the past year, and i feel i owe you some gratitude, i was completely blind to what was going on, and now have a whole new perspective. Really waking up to some of this worlds cruel realities i never cared to look at before, and using that knowledge to build a better future reality for me in my kids. Being a single dad isnt easy in this world and I know if i continue to play things right I will be able to leave them with something when i die, besides a mountain of debt. So to sum this whole thing up real quick -thank you very much from the bottom of my heart, love you bro!
Greg - in the politest possible way, you remind me of a younger Gordon Gecko (1987). I am a big fan :-)
Bananrino hasn't posted a single trade in over a month where he took one side of the trade or the other. He always takes both sides of the same trade. Gordon Gecko was "sure" of his decisions. Greg bananarino? Ehhhh...not so much. :-)
Good article its all going come down
check out why i believe money printing is a cancer
follow me and i will follow you https://steemit.com/money/@newmarket65/money-printing-is-cancer-to-the-economy
I would like to see gold above 1,260 first. If you look at last few months, it is clear that around 1,260 is some kind of inflection zone. At this levels price get rejected or it gets pushed hard through or (after break through) there is retest. (edit: finally, got chart posted) :-)
Another insightful video thx again.
Thanks Greg!
Greg, just wanted to say thank you, thank you, THANK YOU!
I don't know about silver, but gold seems to be following a trend line in the charts and is bouncing up from it. I'm sure this is what Gregory is seeing as well. Thanks Gregory and have a good weekend.
thanks for the great video I look forward to your videos every day
Great Video! Made 1000% on bitcoin check out my video!
Upvoted and resteemed. Thanks Greg.
Another great video thanks. Ps don't forget the sun cream
Great video. Man that give me so much confidence about my positions. Have awesome weekend.
Thank you Greg @marketreport for the consistent updates and honest insights, they are much appreciated!
I'll stick to buying physical metal.
Those GS puts.... WOW THX LOVE U <3
Thanks Greg for looking at our back. We really appreciate what you're doing. Have a nice and beautiful weekend. Enjoy.
I have switched to mostly crypto for now, but I have cash in my brokerage account just waiting to short the markets... It is sad that most people will lose so much, and some will gain so much... All because of simple knowledge. I tell as many people as I can... Some don't listen.
This will take time to build my account. Without margin that is.