You’ve probably heard of Herbalife (HLF) before… whether it be from a friend who tried to get you into the company, or if you watched the Netflix documentary, Betting on Zero, starring billionaire hedge fund investor Bill Ackman. Heck, there was even a CNBC Special — the “Battle Of The Billionaires” — featuring Carl Icahn and … Read more
Volatility is BACK. All you had to do is look at the Dow futures last night, which were down 400 points—only to see them trading flat this morning. While most of the talking heads spent the first week of 2020 comparing it to 2018, and how this market was destined to go higher—politicians had another … Read more
The only certainties in life are death and taxes… in the markets, there’s something known as the volatility tax. The mathematical finance geniuses came up with this term… and it shows how crashes affect your returns. It’s not like the tax you pay to Uncle Sam, instead, it resembles a tax because when you hold assets in … Read more
Markets got its first taste of volatility yesterday, as geopolitical tensions rise following a U.S. airstrike in Baghdad killed five members of Iran-back militia, including General Soleimani. Putting politics to the side, the spike in volatility was welcomed by most option sellers like myself—which should open a lot of opportunities in the coming weeks. But … Read more