written by reader AMERICA’s BOLDEST FINANCIAL EXPERIMENT (Jeff Clark’s Latest Video / shopping trip)

By lobo14, September 17, 2020

Looking for intel on Jeff Clark’s latest options trading pitch video where he apparently takes you on a shopping spree using only his TD Ameritrade brokerage card and his smart phone with a “Option Chain” app on it. He uses the stocks of companies he’s about to shop at to seemingly generate money out of thin air using a “few clicks in 3 seconds” to make enough money to pay for his Uber ride via UBER, pay for his starbucks coffee via SBUX, buy lunch via Olive Garden options, and the big ending with a $2700 gain on a Nordstrom play to buy an expensive bracelet for his wife. A 5-hour fling all financed by his smart phone app during the car rides to the stores. Anybody know what the heck he is doing and what’s the catch?

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Barrie
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Barrie
October 6, 2020 6:34 pm

He’s selling cash secured puts, knowing that if the stock price drops through his put strike, he will be forced to buy the stock.

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