https://www.wsj.com/articles/theres...om-runs-into-a-great-wall-of-debt-11551267002 https://outline.com/EGmT6s
Think about this: When you made a bet on buying/selling call, you had a 50:50 chance of being correct. When you had to choose between buying/selling call/put, your chance of correctly picking the option went down to 25%.
don't you just love it for the people here who think the market operates on common sense? come on...how long you guys been trading? lol.
I wished I was still playing PCG. It made the most money for me. I started playing small illiquid names options. The bid/ask alone screwed me. Then when it goes against you, getting out can be painful. lol. But the bigger fundamental issue was using put to do an implicit short when markets were still strong.
%% I like charts /trend s that are are strong, with confirming fundamentals=TSLA downtrending again. Mr Musk fighting/disrespecting SEC, TSLA bad customer service WSJ reports. OR SPY, small caps ,QQQ again doing strong uptrends. NOT a prediction; if they throw Mr Musk in Jail,March 11, TSLA could uptick??
Timing is nothing- if you know how to structure options trades you can have plenty of downside exposure for next to nothing. I'm a moron and I make money with options every month-not by buying or selling naked either. Learn some strategies that will protect your money while giving you what you want. With options you can buy and sell time,direction,volatility etc. You completely negate the beauty of options by trying to use them in a binary manner
Got out of my TQQQ call options. I'm glad I got out of SQQQ on Friday and reversed. Stay with the trend until it changes. Hopefully March will be the month I make back my losses. I'm already up 6% today alone.
That's with futures constant manipulation happening in 2019... When futures start getting manipulated in red and not green, it's a wrap! US treasury is gonna buy the dip tho, it's gonna go sideways until China Small Banks/Mid Banks Minsky or Euro Banks fail, which is any day now but who knows when. Trump ordered Munchkin to have there desk buy any form of dip, it's obvious some magic buyer always power buys SP lots when dip gets a little momentum, surprised it didn't happen today so far