When Thales Cornered the Olive Market

Now is a great time to get into options trading. You make the most money in options when the market is bouncing around a lot and you bet against the dominant thinking, just like Thales of Miletus did so many years ago. Now is a great time to get into options trading. You make the most money in options when the market is bouncing around a lot and you bet against the dominant thinking, just like Thales of Miletus did so many years ago. [Energy and Capital logo] When Thales Cornered the Olive Market [Christian DeHaemer Photo] By [Christian DeHaemer]( Written Mar 01, 2022 Thales of Miletus lived from 624 to 545 B.C. He was a mathematician, astronomer, and philosopher. Aristotle regarded him as the first philosopher in the Greek tradition, and he has been called the Father of Science. There is a legend about Thales and the olive press. One story has it that Thales was challenged by a guy who asked why he wasn't rich if he was so smart. Thales decided to get rich, prove the guy wrong, and free up time to look after his personal interests. In another version of the story, Aristotle tells us Thales decided he would get rich by putting his intellectual powers to use, and in this way he could prove that philosophy could be a useful, pragmatic tool. Regardless, our ancient hero was the first to use what could be described as options trading to make his fortune. Thales used deductive reasoning from his studies of astronomy and the weather to predict that it would be a good harvest that season for olives. This flew in the face of the dominant thinking, which was that it would be a poor harvest. Thales rented all the olive presses months before the harvest at a discount. The harvest was bountiful, and the olive presses were in demand. Thales charged a premium and made his fortune. The most valuable resource you’ve never heard of? [phosphate-pellets] You may have never heard of the resource pictured here. But behind water and air, it’s the most valuable resource in the entire world. And for investors who play their cards right, they could use this little-known resource for a shot at 16,335% gains. [That’s enough to turn every $500 into $82,175!]( In the 17th century, the Japanese codified this idea of an options market. Samurai were paid in rice, not yen, for their services. They wanted to control the rice markets and so created a formal market for buyers and sellers to barter over the price of rice. Samurai could also get money for rice that they would receive in the future. This idea of an options market advanced past the bucket shops and boiler rooms onto regulated exchanges in the 1970s. Now the market is global, computerized, and massive in scale. But at the end of the day, you are just predicting a future event like a good harvest. An option is simply a financial instrument that is based on the underlying value of an asset, be it olive presses, rice, or a stock. The options contract gives the buyer the opportunity to buy the underlying asset at a certain price on or before a certain date. A call option is a bet that the asset will go up, while a put option is a bet that the asset will go down. These options have a specific date to them, which used to be the last Friday of the month, but has expanded to weekly. In this way, if you think Microsoft (NASDAQ: MSFT) will have a great year, you can buy a call that says the company will be $435 a share before September 2022. This call is expressed as MSFT September 2022 435.00 and is currently selling for $1.04. If MSFT is $430 in late September, it will expire worthless. If MSFT jumped to $500 tomorrow, it would be worth a lot. Breaking News: 6 New Cryptos Set to Be Bigger Than Bitcoin It’s no secret that cryptocurrencies are at the absolute cutting edge of investing. In fact, CBS News recently reported that Bitcoin alone created over 100,000 new millionaires... And CNBC put forth a headline that reads “I Just Became a Dogecoin Millionaire.” But what the media aren't covering... is what’s coming next. They don’t want you to know about the six new coins expected to be FAR BIGGER than any previous crypto gain...[The details are inside this new report.]( There is a bit more to it than that, but you get the gist of it. The reason I’m telling you this is because now is a great time to get into options trading. You make the most money in options when the market is bouncing around a lot and you bet against the dominant thinking, just like Thales did so many years ago. My good friend and associate Sean McCloskey has been trading options for our VIP members and has amassed an impressive track record. So far with this new service, he has an average gain per trade of 110.82%. He gained 1121.82% on AMD calls, 207.69% on Chevron calls, and 205.56% on the Brazilian oil company PBR in 22 days. Sean even made a 295.35% gain on Starbucks (NASDAQ: SBUX) in two weeks! We here at Energy and Capital decided Sean was too good to just keep him as an inside guru for our best VIP readers. That’s why we're launching an options trading service called Naked Trades (don’t ask). My marketing team tells me there will be an advanced sign-up starting on Wednesday, so keep an eye out. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]@TheDailyHammer on Twitter]( Since 1995, Christian DeHaemer has specialized in frontier market opportunities. He has traveled extensively and invested in places as varied as Cuba, Mongolia, and Kenya. Chris believes the best way to make money is to get there first with the most. Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. Browse Our Archives [Vlad vs. the World]( [Putin Chooses War, and the Extreme Energy Crisis That Comes With It]( [Elon Musk Has Done More for Humanity Than Any of These Fake Social Justice Warriors]( [Pentagon Just Named This Chipmaker Its New "Trusted Supplier"]( [Supervolcanoes and Oregon's Trillion-Dollar Secret]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here]( and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Energy and Capital, please add newsletter@energyandcapital.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. Energy and Capital, Copyright © 2022, Angel Publishing LLC. All rights reserved. 3 E Read Street, Baltimore, MD 21202. Your privacy is important to us – we will never rent or sell your e-mail or personal information. Please read our [Privacy Policy](. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment advice. Read our [Details and Disclosures.]( ---------------------------------------------------------------