My dad gave me a MILLION Confederate dollar bill when I was a kid.
When I asked him what I could do with it, he said, "Nothing."
That's what's coming for the US dollar.
First, a few retailers will say, "we accept Bitcoin” and then a few will say, "we ONLY accept Bitcoin."
The moment that happens, people will panic and run to the bank. They’ll pull their dollars out and convert to Bitcoin.
Please own some Bitcoin, so you don’t panic when people don’t accept your dollars.
This is why I'm tel...
Here's a cash-secured put setup on $AVGO that illustrates how to use elevated vol after an earnings selloff.
The stock sits ~26% off highs after the market punished last quarter's print. Revenue +86%, AI revenue +221%, but the guide came in slightly light, so shares got hit. That drawdown is the setup. Implied vol is still ~37% three weeks later—you sell premium when it's rich.
The trade: sell the $330 put expiring Oct 16 for ~$425. That's a 9.5% cushion below current price, 0.17 delta, 36 day...