⚖️Patent attorney 💰 Options Trader 🎤Host of Behind The Trade Podcast

Joined May 2021
114 Photos and videos
Greg Proctor retweeted
The stark difference between Makers and Takers.
JUST IN: SpaceX IPO reportedly expected to mint 4,000 new millionaires — “from engineers to cafeteria workers”
124
2,078
11,625
304,433
Disregard all headings containing “could” or “may.” Completely meaningless message.
BREAKING: Jim Cramer says that SpaceX could soar to unsustainable levels after its debut
1
6
495
The person who wrote this thinks they are a good person. Remember that.
Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him theglobeandmail.com/business…
3
1
37
1,307
The SpaceX IPO is going to be a massive liquidity event that will pump money back into other big tech. That’s the only form of my participation in this IPO. loaded up on $META, $TSLA, $MSFT LEAP calls.
5
21
1,894
Greg Proctor retweeted
Trump: I’m attacking Iran. I’m not attacking Iran. I’m attacking Iran. I’m not attacking Iran. Markets:
1,353
13,125
74,047
3,991,991
A 30% loss in purchasing power in 6 years. That’s absolutely unacceptable from our government.
American consumers are now facing 7% mortgage rates, 4.2% inflation, and a 30% loss in the purchasing power of the US Dollar since 2020. Meanwhile, US CPI inflation continues to follow a similar trajectory as the late 1970s. Will history repeat itself?
2
13
1,301
I’ve been loading up on $MSFT leap calls this week. 2 bought at $410/share and 2 bought at $400/share. I buy LEAP calls selectively on quality companies when they experience what I consider an irrational pullback. $MSFT fits that bill right now: 📍68% gross margins 📍40% net margin 📍 23% EPS 📍24x trailing PE ratio 📉 25% down from all time highs. Never financial advice and no one knows where the market is going but this is exactly when I like to buy LEAPs. These 4 calls are at about a ~60 delta, which is equivalent to controlling __ shares worth $__. Someone impress us with your understanding of options and fill in the blanks above. 🫵
4
12
1,070
Greg Proctor retweeted
$MSFT Historically, whenever Microsoft’s price approaches the 200 EMA Weekly while its P/E ratio hit around 24, it has been a reliable entry signal for a rally. We are currently seeing this setup for the second time in 2026 Want more long-term entry ? Hit Subs!
28
25
252
25,648
Market loves to tank when I’m on vacation. Like clock work. Haha
6
16
1,332
Greg Proctor retweeted
If you’re buying SpaceX on IPO day just know you are the exit liquidity.
256
172
2,297
225,633
Can they start making movies like they did in 90’s again? Thanks.
2
9
373
All of the established tech names, $AAPL, $AMZN, $GOOG, $META, $MSFT are up today now that the memory super cycle is taking a breather. Are investors taking their gains from memory and putting them back into the blue chip tech names? Seems like it.
2
14
1,232
My $TSLA Covered Calls saga continues. As many of you know, almost a month ago I decided to experiment with a 0DTE covered call trade on all 2800 of my $TSLA shares. I wouldn't recommend 0DTEs as a CC strategy. Stick to longer expirations. However, it has turned into a worthwhile example of how to manage covered calls when the stock moves against you. Naked calls are the most risky of options plays, while covered calls are the safest. Why? Because when you own the shares (making the calls covered), you can't lose money. Worst case scenario you are capping your upside. By managing the covered calls by rolling them out in time and strike price, you can avoid getting your shares called away and collect more premium while you do so. On that first 0DTE CC, I collected $4,480 in premium ($1.6*2800). Through a series of rolls, each time collecting more premium, I've amassed $11,508 in premium. So, if I made no other rolls, my worst case scenario today is that my shares get called away at $495 on August 21 and I keep my $11,508 in premium. Now compare that result to if I had not managed these covered calls. My shares would have been called away on May 6 at $392.5 strike price and I would have kept the $4,480 in premium. Which result is preferable? Managing of course. If I had not managed, at today's prices I would have missed out on $43.5 in share appreciation ($437.5-$392.5*2800 = $121,800 in appreciation). There's three patterns to these rolls that you'll see in the chart below. Pattern 1: My $TSLA CCs start to get challenged and I need to be defensive. I buy time and distance away from the stock price and collect a credit. Pattern 2: $TSLA pulls back in share price. So I roll down and pull forward the expiration date. Why? Theta Decay is stronger with a closer expiration and I want these CCs to decay to nothing as soon as possible, giving me a profitable exit. Patten 3: $TSLA rallies back. When this happens, my strike price starts to get tested again and I need to roll out defensively again. The key point to remember here is that you must roll for a credit. As long as you keep rolling for a credit, you will continue to accumulate profit and eventually the market and Theta decay will give you an opportunity to exit your covered calls profitably.
9
7
85
11,149
Greg Proctor retweeted
I recently had the opportunity to attend @GregProctor Options Trading Masterclass, and I can honestly say it was one of the best training experiences I’ve had. I originally signed up for the May 2nd session but couldn’t attend live. Greg kindly sent me the recording, which I studied thoroughly and turned into detailed notes. Later, he generously invited me to join the live Masterclass on May 30th — and I’m extremely glad I did. The training was intense and incredibly valuable: a full 9 hours of focused learning with short hourly breaks, followed by an extended Q&A session that pushed it to nearly 9 hours total. It was great to reinforce the concepts from the recording while also diving into new topics I hadn’t covered before. The energy of the group was fantastic. Despite the inherent complexity of options trading, Greg taught everything in a very hands-on, practical way. His ability to simplify difficult concepts while maintaining their depth is truly genius. He is an outstanding instructor — incredibly patient, thorough, and gifted at explaining complex strategies in a clear, actionable, and easy-to-understand manner. He doesn’t just answer questions; he goes deep, providing insights most people wouldn’t expect. I’m now really looking forward to joining the weekly Diner Club every Monday, where members can exchange experiences, share ideas, and continue learning together in a supportive community. If you’re serious about options trading — whether you’re a beginner or more experienced — I highly recommend Greg Proctor’s Masterclass and the Diner Club. The knowledge, practical strategies, and community support you’ll receive are truly exceptional. Big thanks to @GregProctor for his passion and dedication!
3
1
14
1,102
If you have signed up for tomorrow's Options Portfolio Masterclass but have not received an email from me, please let me know ASAP. Check your spam folders. The email should come from greg@bttcourse.com. I can't wait to see everyone tomorrow! Last minute signups are welcome: bttcourse.com/options-course…

3
469
🚨 Today is your last chance to sign up. The Masterclass is tomorrow via Zoom. Can't wait to teach everyone this skillset which will benefit them for the rest of their lives. bttcourse.com/options-course…

In $2025 I made about $270,000 selling options. It's the highest value skill I've ever learned outside of my law career. Learn it well and it will reward you for the rest of your life. It's not day trading, it's not speculating or gambling. You are the market maker, you are the casino not the gambler, you are the insurance company, not the insured. There's no magic to selling options. There's no one with a unique ability to find advantages or arbitrage in the market. All you have to do is take the time to learn it, have a decent size account to trade with, and you will be successful. I'll teach you this weekend how to do it: bttcourse.com/options-course…
6
1,103
In $2025 I made about $270,000 selling options. It's the highest value skill I've ever learned outside of my law career. Learn it well and it will reward you for the rest of your life. It's not day trading, it's not speculating or gambling. You are the market maker, you are the casino not the gambler, you are the insurance company, not the insured. There's no magic to selling options. There's no one with a unique ability to find advantages or arbitrage in the market. All you have to do is take the time to learn it, have a decent size account to trade with, and you will be successful. I'll teach you this weekend how to do it: bttcourse.com/options-course…
10
2
54
3,936
$META is going for paid subscriptions. $META is about to become the new OnlyFans. 🤣
10
956
What just happened to $META stock? 4%
2
1
768