Let’s get to it.

How much does it cost to subscribe to The Million Mission to get the trade alert at the time you place a trade? – Maxima

This is a question I get a lot. There is no option to upgrade to a paid Million Mission subscription. As of now this is a free benefit for being a member of the Altucher Investment Network. We are exploring ways to get trades to you in a more timely fashion. Stay tuned.

You mentioned you're buying calls at the $165 strike ending in January. But you also mentioned you're buying calls as insurance against a spike in share price shortly after earnings this afternoon. My question is why would a call at a strike almost $20 above the current share price be considered insurance against a spike in price when they release earnings? – Dan

This is a really great question, Dan. Insurance is typically thought of as a hedge on downside risk. In the case of me trading NVDA to the upside, I bought a small call option position as “insurance” against the stock spiking higher and me getting left behind.

In short, I believe in the company and the current valuation to a degree where I want to always be allocated in some fashion to the stock. A larger position, however, I’ll wait for a more opportune time.

Will you be informing your followers on when to sell that option? – Joe

Yes. As of now I’m still holding my January $165 call option position.

Will you be sharing exact entry and exit prices and number of contracts instead of percentages? – Ted

I can do this going forward. Just note, as a free service, these trades will not be tracked on the Paradigm website. You’ll need to follow along closely for this information.

I appreciate your teaching emails. There is something I still don’t get from all the emails you have sent about P/E ratio. When do we buy and when do we sell the stock using your explanations? – Pedro

The “Stock Picking Secrets Made Simple” email I shared on Friday is useful for any publicly-traded stock. The decision to buy will depend solely on your investing time horizon.

If you’re a longer-term investor (with a time horizon over one year) I’d be comfortable buying the stocks I’ve talked about in The Million Mission now.

Because I’m on a mission to turn $100,000 into $1 million, however, I’m taking much more risk with my portfolio and waiting to place options trades that have higher potential upside.

At what point do you cut your losses if a trade doesn't go your way? – Paul

Great question. I’m buying stocks/options on high-quality companies when they’re out of favor for various reasons. If a position initially moves against me, it will depend whether there is any company-specific news causing the stock reaction. If not, likely I’ll look to add to my position.

I am receiving your Million Mission newsletter. You say it’s affiliated with Paradigm Press. Why can't I access it through Paradigm's website? – Sue

The Million Mission alerts are currently being posted on the Altucher Confidential website. A standalone Million Mission website is in the works!