This ONE Rule Separates Profitable Traders From the 90% Who Lose.

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1:51This is what market-tested legacy looks like for this generation and the next. Put the power of Oppenheimer Thinking to work for you. Wealth Management, Capital Markets, Investment Banking. So last week, myself, Troy, we went into a SanDisk call, and it's a weak call. I don't really like weak calls because I feel like it's very risky, and anything can happen, geopolitical risk, a variety of different things that can happen. and like that's out of your control that can make a stock go down that's not necessarily a great indicator of like the stock being a weak stock but it's like you know it just happened but you know um we did that we did the sand desk well tell him what happened i had to call you and you told me no like listen to me listen i think no i say that it's important it's important because no no no no no no no no i'm saying it in this sense what it does is it sharpens my the iron right because i know when i call and i tell him i know he's thinking no but then i'm gonna tell him why and then he's still gonna say no and then i'm say look here's what i'm really seeing as well and then i'm like what do you think like that makes sense it makes i don't know what that means but he just says it'll make even that though that's what a great investor should you should go in believing nothing about an asset.

3:14And then you should have to make your case. So when you're talking to your friends or your family, if they're giving you pushback on the idea, it means you have not explained it well enough what the risk could be and what the reward could be. Yeah, that's true. So the option expires next month. I think that's May 1st. Is that Monday? May 1st is this Friday. May 8th is the Friday after. No, it expires May. I think you're in the May 8th. No, I'm in the May 4th. No, it can't be. It has to be a Friday. I mean, no, I think it's the first. I want to say it's the first. No, it's the first. May 1st. Okay.

3:44So Friday. May 1st. Yeah. All right. So this is on Friday. The earnest is on Thursday. So we did it Thursday. Sandus went up Friday and then it went up today. So. All right. So I want to make this an interactive part of the show. So now that option call is up 91 % roughly around 90%. In two days. Yeah. Okay. So the first thing is for you guys watching I want to like I said, I want to make this interactive We're up 90 % but then they report their earnings on Friday So how I in my brain there's two ways how this can go It's is going up because the anticipation is that is going to blow out his earnings And you you you ride this all the way to that moment Right before earnings Thursday after close maybe 100 turns to 150 200 who knows well before close thursday you sell on thursday that's something they report after closing that's one thing another thing that you could do is say look i already doubled my money tomorrow tuesday you sell you can't get greedy 100 100 three days ain't never been a bad deal no matter how you look at it another thing is you could take it all the way to the breaking point, all the way to Friday and say, look, earnings, they report earnings.

5:09If they go up on earnings, then we're just going to ride it out to the end. We're going to get maximum. We're not going to leave nothing on the table. Out of those three options, what would you guys do? You know, out of those three options, what do they think that you would do? What do they think that Ian would do? What do they think I would do? What would you do? What would you do, Ian? If you, let's say you had eight contracts, I would probably take, and it's a great lesson. You have to know the exit before you start as Clay did. You have to know the exit before you start. So if I had eight contracts, I would take out four at a hundred percent.

5:46And then I will let the rest run because you never want to be in, even with earnings, a company can do incredibly well and all the gains have been already taken to the upside. The stock slides down so you can be in trouble. but in this case I would probably split get out at 100 % and then let the other four run What if you have one contract? Oh I'm taking 100 % Tomorrow? Yeah I'm locking in profit Walk away? Yeah Okay What are you going to do? I think everybody probably knows what I'm going to do and this is part of the conversation that we had I called him like yo Shadi we got to start looking at how we can hedge this, how we can leverage it.

6:31And the reason I said that is because this is not our only SanDisk call, right? Like we have calls out to 2028. Like I'm in a 230 call to 2028. So think about that, right? That's going to probably be my next thousand percenter. And so, I mean, we're so far up on that, that yes, we can keep that money growing over the long-term or we can say, Hey, is this worth an opportunity here on the short term? And for me, i'm thinking and i've told it to him this personally this story's not going anywhere in fact i saw it at 1100 uh by the summer and the fact that it's like teetering at that number here now i had a 1500 by the end of the year it's teetering like toward that now here comes the run-up right and so we got a few contracts here i said look my usually i would exactly what you said ian if i got eight contracts i'm selling four i'm letting the profits run in this case I'm saying, okay, once I get my 100%, I take the initial out, and I'm going to let it run past earnings because a couple things that will determine that.

7:34If it gets to 1 ,100 by Thursday, then we're out, right? But if it doesn't, right, because where can we go? If I said 1 ,200, then, you know, that's a$100 move. It's probably like another 8%. It's not worth the risk. It's not worth the risk. But the key was leverage. And so I know he's in some strong micron calls that go out to, like, December of 28. 27 and i'm thinking to myself well you've been in those calls that's a thousand percent what if you can get a hundred percent in the next three weeks right now if the stock turns on to the downside let's say the one contract was six thousand dollars and you bought two and now you're down to four thousand because the stock just pulled back thirty dollars or something like that right the fact that you still have the leverage of having that this that late december call you're You can get that back.

8:25Right? You can get that back over and over. And you can also say, all right, it pulled back. Here's another opportunity for me to get some more long-term call dated options to actually get back the loss that you potentially could have had on the short term. And so it's all leverage. It's not, hey, we don't have Sandisk. We have to get in the Sandisk. Let's do this earnings play. It's, all right, we're leveraged here. We have stacked our Sandisk calls. I'm in the 230. I'm in the 300. I'm in the 500. I'm in a 620. I'm in a 700. I got this 900. And I think I'm like in a 940 out to somewhere. So, I mean, you can see that this is a company that I've been investing in for a while now.

9:04And most of y 'all have been here since last. I mean, I shouldn't even say a while. This has happened really since November. Yeah. And the gains have been astronomical. And so can we make some short term here? We have, right? 90%. So if you figure you put, if the contract was 6 ,000, you bought two of them as 12 ,000, you've made nearly 12 000 in two days by making one decision one decision and the most important thing is to have your predetermined target like for my features traders as well you have to know if you're going to get out at 100 like so for me my nasdaq target that i gave away at the mastermind that's 260 return my big target at 11 to 1 that's 1100 so you have to know before you get into the rate, what profit marks are you going to take off?

9:49So please write that down now. Is it 100? Is it 200 %? Because you don't want to be in between and be like, well, I'm up 250, but you should have exited already, and then earnings comes, it reverses your fate, and then you're upset. Have those predetermined numbers, and then you can know if I hit these numbers four or five times in a year, I can be done. And those are the best phone calls. Those are the best phone calls when you watch something go up 90%, and I'm like, hey what you gonna do yeah right you're making money now what do you do like i gotta call hey i'm up 90 what should i do i'm like you're up 90 like that's why the market is so great where else could you make 90 of your money and not have to talk to nobody unless you want to just quite quietly just do it move on with your day and go on to the to the next opportunity imagine winning game day before the whistle blows with american express as the official payments partner of the NFL card members around the world can get used to that feeling and enjoy incredible experiences at select events all season long.

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