Bison Forum

In May I posted a chart showing a pattern that emerged from the 3 year/1 week look. It was pointing toward a rally. A rally is a good time to buy stock or calls, sell puts or covered calls, each has a different tactical purpose in the overall strategy of the profit deal.



I thought 170 was the number and sold a covered call set to expire after the X-date hoping for premium/capital gain/dividend but the stock ran well past 170 and we were called a couple days in front of x date

In June CVX was identified as a strong growth and dividend play. It was strongly attached to a long term trend line giving plenty of opportunity to sell puts and calls as well as profit from a nice long term hold. That’s how I try to do it anyway.

The company has never ending cash and owns a huge chunk of the worlds never-ending oil, so long is good.

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.

HIT $4.20 WITH THIS. hope you all made money!

CYCU and BLMZ you should buy. I'm crushing it with small caps

This is why things are expensive. It’s not gold & silver going up, it’s our money going down. Think it was caused by gov corruption and putting the third world on welfare while states like minnesota & cities like Fargo use their “generous” social programs & high taxes to rob everyone blind?

What is the real cost of government?
We held physical silver and wrote puts and calls on gold. Most of the silver comes from the Golden Age of the United States. The change in your pocket was real money. So valuable it’s now in safe deposit boxes.

certainly this isn’t investment advice, I’m not licensed to give such advice. It is an interpretation of what I am seeing in the DOW patterns today. I’m not entering this index. I want to sell puts. I’m looking at single stocks showing patterns favoring that tactic.

Choppy trading followed the 51,000~ top then the correction. It’s in its 5th and hopefully final leg down which may bottom around 41,000~. Each leg is about 2.5%. The last down leg, -3%~, has exceeded that and may be running out of steam.

The DOW broke through the 47,000~, -7% correction line approx. shown on the chart. Next test may take the market down 15% - 20%, the low 40,000s. If that breaks the correction may go to the 30% level, heaven forbid 50%.

Watch for bottom signs here - choppy trading and at least two tests of the bottom may signal entry point. For those with high confidence the DOW is at a reasonable entry point now. Sell puts, buy long or calls.

I’m cautious buying calls & puts unless in a condor. They expire. Nice to have someone else pay for them. The bottoming process can take a while so if I do buy I reach way out for the low delta/high gamma. Don’t do it often but that’s the governing principle.
3/30: noticing the uptick after each bottom got stronger - buying the dip - signaling a growing willingness to enter the market

I’ve moved on to polymarket bot betting. Greatest casino on earth.

The first leg of the Dow index trade is over. Traders at the bottom are in line for a quick 2 week 2%-4%+ gain squeezed out of the predictable run to 50,000. That’s an easy 25% annualized.

There was no risk beyond being long. Puts sold at the bottom are worth far less now and can be bought back for a nice gain. If put, trader owns the index at a selected price and the option premium

Index shares purchased low and used to back a call are expiring worthless and shares can be traded again, or have been called converting the shares to cash leaving the trader with the original investment, option premium and cap gain.

The market could be setting up another leg down in a correction that may end in the low 30,000’s say 32k. It might also be gathering steam to continue another rally leg, it’s time to wait and see, rest and watch for direction. It may not even be in the index, it might be someplace else. VZ?

kevin wrote: ↑Tue Mar 31, 2026 8:12 pm I’ve moved on to polymarket bot betting. Greatest casino on earth.

Found out what you are talking about…...


https://youtu.be/e0nsou-1Q2k?si=bJtPNHmQ81NwFxlm

Sports predictions only scratch the surface! The poly markets:

https://polymarket.com/

https://www.justice.gov/usao-sdny/pr/us ... arket-bets

Trouble with poly markets in the military. Insider “trading” using classified information.

It difficult to use the term trade.