OffaBean

Chris Camillo reveals how aggressively he sizes high conviction trades “So the way that I measure my trades is conviction level. Low, medium, high conviction” “If a trade is high conviction or ultra high conviction… yeah, I put 1/3 of my liquid net worth in stock options that went to zero” “People were like dude, as if this guy put a third of his liquid net worth in stock options after talking about the $QSR trade with Burger King, Popeyes and Tim Hortons… yeah, I did dude. I did” “By the way, a crypto trader wouldn’t even blink their eye at that. Nobody does that in equities. I’ve been doing that forever” “I’m a family guy today. I really try to be more prudent in what I do, so I generally don’t put a third of my whole portfolio in options… although it did happen again recently with $AMZN and it worked in my favor”