Selling 157.5 puts would be a bullish/ neutral play tho and not a bearish play :/. You confuse me lol.
half of it will cover my short with profit and I will be long half of it at the right price. Do you think that when I short a stock, I expect it to go zero? I am short AMZN but I will buy if it drops to 900 with open arms. Did you get my point?
COST 165 now a day later, and after I said this guy was fos. I win again (yep, Im the guy that said GE was toast at 24)
What up Soes broman! Hey man I forgot to point out IBM took out $158 only 4 days later and its staying down. Not that I traded it, but you seemed so happy to point it out to me when it was at $162 so I figured I could return the favor lol. Anyways... one of my vaunted brain trust members tells me IBM is on the cutting edge of quantum computing.... whatever the f that means. Maybe you should buy below $158. The brain trust is rarely wrong. ttyl OG.
vanzandt said: IBM moving like a FANG stock this AM. What say you Great One? Short it up here at 156.50? Tempting. I'll wait for $158 Timing is everything, your short call took major heat. I don't like heat My bash of this COST call took NO HEAT