Bison Forum

Killer rally under way as markets react to The Presidents emerging trade deals, now including China.

Nobody knows the future but looking at the past few years a pattern of corrections has emerged
As time passes the magnitude of this correction, dominating the charts now, will appear normal like the others.

lol get fucked you gay bears.

Puts were cheap this morning.

Time to buy puts in anticipation of Israeli false flag event(s).

How chart formations can work for you, not advice, just an example I learned in a book:

JNJ: X-Date 5/27 $1.30/share

Looking at 3 years with each bar 1 week shows a nice formation:

Situation on Wednesday showed a sine wave pattern of about 6 months duration and 30 point channel for JNJ nearing its low. Good time to sell puts. On Thursday JnJ confirmed, turned up and the 5/23/2025 $147 @ $1.37 was available, paying more than the dividend and if called on the 23rd goes X on the 27th giving you another $1.30/share and 100 shares at a price near the 52 week low. For bargain hunters it was a good place to add out-right too.
Puts and out right buys at troughs bottom, calls and outright sells at top. Careful execution can turn a stock into a monthly dividend payer or more with some cap gains. At these prices Jnj pays 3.5% ~. It can be a nice 15-20% with the dividend harvest and the put/call wheel

This morning JnJ is poised to open @ $149.50~

Option premium is upfront, potential is known before hand - no guess work, solid underlying stock potentially acquired through put at good price. Deal has no more risk than going long on the execution date and provides good future trading opportunities

Lakesbison wrote: ↑Tue Dec 03, 2024 6:29 pm

Lakesbison wrote: ↑Wed Nov 13, 2024 4:45 pm i made $10K+ in 12 HOURS with $MVST KEVIN i told you about a year ago about this..

you all should buy its .80 and will get to $5 soon.

$1.50. You still got time. I warned you Kevin!!

$LPA too

MVST selling at $4 you would've made bank listening to me
LPA at $8.50

boom

Big rally in big oil foretelling the coming boom?

137 a few days ago now poised to open around 145 on good volume.

Bands are narrowing signaling another move?

Price is following closely the mid-line of the standard deviation price channel which is now bullishly sloped upward.