We haven't heard from him for more than a year. Hope he's doing fine.
To be honest, Michael Burry is NOT a big name investor. He just happens to be a guy that made a name of himself being far too early (which means...
yeah I think he meant $0.15/per share. That's peanuts for a credit spread with that many days out.
What if they go under? What's your recourse? Counterparty risk
Rule #1: Preservation of Capital. Rule #2: Don't forget Rule #1.
Rule #1: Preservation of Capital. Rule #2, Don't forget Rule #1.
I'm sold out of bitcoin completely and bought into Ethereum.
I think that by running these weekly if market crashes you'll be able to exit in time.
Heard from a chatroom operator that he has a 99% winning % in daytrading over 20 years. Full of crock!
It can be done via options trading but you'll have to spend a lot of time managing your positions.
How about wheeling IWM options?
I bet he's already into Ethereum. Maybe some Bitcoin. I for one have jumped into Ethereum.
I'm buying ETH and ETHE when it falls another 50%.
Rule #1: Preservation of Capital. I am a retired individual investor living in Southern California with a seven-figure portfolio.
If anything comes out of this nutty asset class, I'd bet 1% of my liquid net worth only on the two top cryptos, namely bitcoin and ethereum.
What's your general rule for selecting the strike in a Calendar Spread?
The payout is only 5.62% on an annualized basis. Not good for the risk you're taking if you're the writer.
"But your lifetime savings are like $200,000 and you place them all on selling naked puts and the stock value drops 50% overnight. You just lost...
When an OTM put pays that much of a premium, it usually means the underlying stock is highly volatile. You will probably get assigned. So be...
Yes he's making money (so long as we are in a bull market), but much less had he simply went LONG and HOLD. Investors/traders who uses this short...
Separate names with a comma.