Amazing Short Straddle Opportunity right now

Discussion in 'Options' started by BBSLamer, Jul 28, 2020.

  1. Atikon

    Atikon

    you saw this coming all along didn't you?
     
    #61     Aug 10, 2020
    damon_achey and VolSkewTrader like this.
  2. vanzandt

    vanzandt

    Yeah.... except for all those liquidations. Trade much?
    :banghead:
    :rolleyes:
     
    #62     Aug 10, 2020
    VolSkewTrader and damon_achey like this.
  3. Let it go -$50k against you before making +$1k. Where do I sign up?
     
    #63     Aug 10, 2020
    damon_achey, Atikon and vanzandt like this.
  4. BBSLamer

    BBSLamer

    As I said since post #1, I took no position. But if I had, I would have legged into long puts after the skyrocket. I know, easy to say in retrospect, but wasn't it the obvious trade?
     
    #64     Aug 10, 2020
    vanzandt likes this.
  5. Overnight

    Overnight

    The obvious trade is to go long in any index future, and HODL, roll if needed. It is so obvious now in retrospect, after decades of history with them. Yet we just...can't... do...it. Can we?
     
    #65     Aug 10, 2020