I was a value investor long before becoming an option trader. I lived through several corrections and one of the most vivid in my memory is the dot-com bubble. In a lot of ways, the past two years with the AI craze remind me of the crash. Two years of crazy growth and then a big drop. I believe a lot of AI related companies are way overvalued.
One thing that is making the bubble worse is influencers that are ignoring the signs and suggesting doubling down on momentum plays. In this video I talk about two companies that might be hit hard if we have a correction.
I have been on a journey to learn the right way to trade stock options. Along the way I have decided to share with others both my successes and failures. My hope is that others can learn and shorten their journey to learn how to incorporate one of the best ways to make passive income.
Thanks for joining me on my journey!
Uncle Jim
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Bad Advice for the Option Wheel
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