I don’t think people understand just how much of an existential crisis Democrats are in. If they don’t gain control of the House, Senate, Presidency, pack the Supreme Court, re-mandate racial gerrymandering, and give illegals mass amnesty by 2032, they will all but die as a nationally competitive political party.
With the VRA being overturned we will net at least 15 seats and the census will give us like a dozen more, as well as forcing democrats to redraw their seats being bolstered by illegals, making them more republican. This will make the house all but impossible to win for Dems.
Then the senate will become increasingly hard for them to win as states like Nevada keep shifting red and republicans slowly keep picking better candidates.
And the nail in the coffin? The census will make it all but impossible for dems to win the presidency unless they win the popular vote by at least 6 points.
We’re witnessing the last gasps of the satanic ideology known as leftism. We will win.
LEAPS are the best way for an average investor to grow their wealth exponentially.
DO NOT buy leaps if you don’t understand these 10 concepts:
1. What is a LEAP?
A call option with at least 1 year until expiration. You're buying the right to own 100 shares at a set price. Time is the edge.
2. Intrinsic vs extrinsic value
Intrinsic = how far in the money you are. Extrinsic = the time premium you're paying. Know what you're paying for before you buy.
3. Delta
The higher the delta, the more your LEAP moves with the stock. Deep ITM = high delta, safer. OTM = low delta, more leverage, more risk.
4. Theta decay
Time decay accelerates as expiration approaches. That's why you buy 1+ year out. The further out you go, the slower the bleed.
5. IV and IV crush
High implied volatility = expensive premiums. Buying a LEAP before earnings or a major event means you're overpaying. Buy when IV is low.
6. Strike selection
Deep ITM for safety. ATM for balance. One strike OTM for asymmetry. There's no one-size-fits-all. Match the strike to your conviction.
7. Break-even price
Strike + premium paid = your break even at expiration. But you don't need to hold to expiration. Most LEAP profits are taken well before.
8. Position sizing
LEAPs are leveraged. One bad position can set you back months. Size like you could lose the entire premium. Never put more than 10% of your total portfolio in LEAPs combined.
9. When to enter
The best entries come at key support levels or oversold conditions. Not at all-time highs. Not the day before earnings. Patience on entry is half the trade.
10. When to exit
If the thesis breaks, get out. If the thesis is intact and you're winning, let it work. If expiration is approaching and you're near the money, make a plan early. Don't let a winner turn into a loss because you didn't pay attention.
LEAPs reward patience, conviction, and discipline. Without all three, they're just expensive lottery tickets.
@DesertGhostface@ZacksJerryRig@tim_cook TDS pills can only be taken orally ( with a Snickers bar up side down so they can feel the veiny texture).
Or,
Via the anus with a turkey baster (after the pills were grounded into a warm liquid).
@unusual_whales How many decades of the same failed approach will it take before we admit that outcomes have more to do with behavior, family, and culture than “systemic” magic?
Timmy, i’ve paid more than $100 million in taxes. I’ve created thousands of jobs, which enabled thousands of people to feed their families. I’ve contributed millions to wounded warriors, pediatric aids and support 1400 African children. And what have you accomplished in life?