wtf today.... well, heres what I just did with $650,000....

hey everyone we kevin here quick update

on some things that i did in the

portfolio today

i want to talk about options so

obviously i bought a ton of options

on 420 which was also the day that i

eliminated my

margin i sold about nine million dollars

worth of stocks

and leveraged in with with about three

million dollars worth of

options which options are a form of

leverage i didn't use margin

because i used that difference of about

that six million dollars and totally

eradicated

all of the margin that i have now those

three

and a half or somewhere in there between

three and four million dollars worth of

options

control the essential purchasing power

of around 12 million dollars of stocks

so i was really able to take my

portfolio on 420

from a place of lots of stocks

and not many options but lots of margin

which margin

sucks in a volatile environment and i'm

like crap i

really don't want to be in a situation

where i ever have a margin call because

i'm worried that the market's going to

keep being poopy-doopy

but i don't want to be out of the market

so what i did is i switched over to

options

options go down more when the market

goes down which is not so great

but zero risk of a margin call because

i've paid down my margin so just to

clarify that

as long as my theory is correct and our

market

rallies between september of 2021

and the summer of 2022 the options i

bought

should print more attendees theta decay

considered should print more attendees

than the nine

million dollars worth of stocks that i

had so in other words

i got into the market more i exposed

myself to the market more

on 420 but i did it in a way that puts

my money where my mouth is

and says i'm going down doubling down

on my theory that this market this pain

we're feeling right now

is temporary and as soon as inflation

starts inflecting down which right now

right now it's it's still going up you

know it's inflating up it's bad right

now okay

but once this fades we start launching

those rocket ships again

now prices have come down a little bit

more in fact right now

this was the worst day for the dow since

january 29th and

we just had some bad news for bitcoin

which is leading companies

like marathon digital and riot

blockchain to be down 12 to 13

in the after hours i imagine this is not

going to be good for a company

uh like hud 8 mining either once it

actually opens that we don't see

pre-market or after market hour trading

on the otcs

but i you know this is this is kind of

bad news

another little update between when i

recorded this and

when i was editing this mara and uh

riot are down even more in the

pre-market marathon's down 18.6

ride is down 16.8 the market or

aftermarket hours have now

closed but they started falling because

all of a sudden bitcoin

and ethereum started having another

sell-off bitcoin at the time of this

recording at 50 000 ethereum at a 38.94

dogecoin at 41. they hit lows that were

lower than this

they've recovered but now they're

falling again it's a mess in kryptos

right now as well

and unfortunately i hate to say it but

this kind of reiterates the concern that

i have about the potential for this

everything sell-off

where you get the indices selling off

following tech and consumer

discretionaries you get recovery selling

off and

kryptos and this elon catalyst that we

talked about

in the live stream i did a little bit

ago not a good start in fact i should

probably reach out to the ceo of

hud-a-mining and go yo we should

probably do a little bit talking on what

just happened if you're down

i'll do that right after this video i

post but anyway

the market right now is such that i

decided

on a high volatility day like we had in

the market today

cboe volatility index shot up over 20

uh we were around 27 at one point for

volatility

usually with uh you know volatility

going up we also see put options

skyrocket in their pricing but a lot of

that can also be people jumping over to

purposefully try to buy puts

in the s p 500 to hedge against a

potential s p 500 correction

which i do think is possible but what

did i actually do today

to balance out my portfolio a little bit

well i added

i added options mostly because i don't

have

a lot of cash around and this is risky

i've been buying stocks over the last

two weeks

i've probably spent about four to four

hundred fifty thousand dollars buying

actual stocks like shares

and so today i spent uh i want to say

what would we spend somewhere around

well you know what

i'll just tell you what i spent i'll

give you an idea here so i bought

options and some of my favorites

and i balanced out my future pes on this

we talk about that a lot in the course

member live streams

i won't bore you here with how we

balance out our future pes and how we

evaluate our fundamentals from 2024.

uh if you join the course using that 39

off coupon code linked down below

just go to lecture 1.0 and go to our

live stream today

so uh we have i bought four calls of

tesla at six hundred dollars

that was a cost of about eighty seven

thousand

six hundred dollars so definitely went

in on on tesla here

that was when tesla was right around 590

in its pricing

uh so i bought those slightly out of the

money calls so that puts me at 87

660. then i got

obviously still bullish on tesla you

can't you can't fudd me out of tesla

uh maybe that's crazy but oh well it's

my it's my energy etf

uh i bought a 10 end phase calls and

face a freaking bargain

i got the 100. january uh calls

for 2023 all of these are long options

that was about 46.050

then i got all right let's see here

i'm looking at order confirmations here

i bought lemonade i bought the dip on

lemonade i bought in the money 50

calls 2023 for 38.50

then i got amd calls at

70 also uh slightly in the money here

only 25 800 on that i want to add a

little bit more

to amd to balance this out we'll see

what happens tomorrow

i also bought i don't remember how much

this was let me calculate this really

quick i bought shift technologies right

before earnings which was

recently one of the few stocks that i

actually bought before earnings because

most companies have been missing

and uh yeah this one uh this one maybe

got a little bit lucky because it's

slightly green in the after hours it did

run up about ten percent of the after

hours

but uh yeah this was about twenty

thousand five hundred eighty two dollars

of

shift technologies this one's a long

play for me

uh and i really love it i think it's so

undervalued in the market

uh compare here do this okay if you like

fundamental analysis do me a favor

compare

shift technologies to vroom and carvana

and when you look you'll be like uh how

is this so cheap

yeah and face also got uh

a oh where's my etsy

hold on it's supposed to be etsy uh oh i

think i put the same

the picture now whatever i got another

picture of buying 10 more

end face calls at uh for january 23.

i'm pretty sure those were supposed to

be etsy's

so i think i screwed that up because it

looks like i bought and

faced twice i'm i was very confident

that i bought etsy today apparently i

didn't but i meant to

oh well so i spent about 264 000

on stocks today and uh yeah

buying the dip it's tough it's not easy

it's painful uh and there's a lot of

drama going on in the markets right now

personally i'm waiting for a dip in

kryptos as well we're getting a bitcoin

dip

but i really want to grab a dip on

aetherium

i'm looking for like aetherium and

that's going to sound crazy but like

1500 1800 i'd love to plow in

but right now there's so many deals in

the actual market itself

i know it sounds maddening i know i'm

expecting the market to potentially

continue to

take a decline over the next few months

but i don't know exactly when that

bottom is going to be

and i'm not sitting out on this market

i'm taking money that

a lot of folks like to spend on hedging

and i'm adding into these dips

because these are all long run positions

for me the 2023 calls

i don't like going too heavy on options

i try to keep my options around 25

of my portfolio uh this aligns with that

so my next buys will probably be shares

again

the other about 400 000 shares i've been

buying all of those alerts are of course

in the stocks and psychology and money

group

today was a pretty bloody day we'll see

how things

evolve tomorrow but keep in mind we did

just have the pipeline open up as well

so far 10-year treasuries aren't really

reacting we'll see how things react

tomorrow

but we do have the pipeline the colonial

pipeline opening again as of

approximately 5 p.m eastern on wednesday

we're not at full service yet so it's

going to take a little bit of time to

get back to full service

this is good news and the more good news

the better that's really what this

market needs right now

and remember we're really investing up

to that point where we start seeing that

inflection point in inflation

so we get that inflection point in

inflation that's what i'm expecting to

see

rocket ships take off and that's why i'm

loading the boat with rocket ships right

now

it's pretty hot and fiery right now and

it sucks but i'm putting my money where

my mouth is

thank you so much for watching folks

really appreciate you and we'll see you

in the next one

check out that coupon code link down

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thanks so much for being here we'll see

you later bye

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